Civic Intelligence

Gldc-Ila Health and Welfare Fund

EIN 34-1899990 • 501(c)9 • Cleveland, OH

Profile

To provide health benefits and life insurance coverage to those who are eligible and their covered dependents.

591 Erieside AvenueCleveland, OH 44114

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.25x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.10x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

59th percentile

5.1%

Higher net margin than 59% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Asset Growth

93rd percentile

41%

Faster asset growth than 93% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

1.1%

Faster revenue growth than 37% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,886,500

Up $1,136,362 (+41%) from 2023

Liabilities

Up

$958,062

Up $669,891 (+232%) from 2023

Net Assets

Up

$2,928,438

Up $466,471 (+19%) from 2023

Revenue

Up

$9,163,675

Up $98,867 (+1.1%) from 2023

Expenses

Down

$8,697,204

Down $81,098 (-0.9%) from 2023

Net Income

Up

$466,471

Up $179,965 (+63%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $1,090,541Liabilities 2015: $583,736Net Assets 2015: $506,8052015Assets 2016: $1,234,893Liabilities 2016: $589,269Net Assets 2016: $645,6242016Assets 2017: $993,684Liabilities 2017: $646,146Net Assets 2017: $347,5382017Assets 2018: $1,381,936Liabilities 2018: $588,558Net Assets 2018: $793,3782018Assets 2019: $1,608,800Liabilities 2019: $558,951Net Assets 2019: $1,049,8492019Assets 2020: $1,748,677Liabilities 2020: $539,740Net Assets 2020: $1,208,9372020Assets 2021: $2,259,272Liabilities 2021: $581,739Net Assets 2021: $1,677,5332021Assets 2022: $2,520,048Liabilities 2022: $344,587Net Assets 2022: $2,175,4612022Assets 2023: $2,750,138Liabilities 2023: $288,171Net Assets 2023: $2,461,9672023Assets 2024: $3,886,500Liabilities 2024: $958,062Net Assets 2024: $2,928,4382024

Highlighted filing

2024

Assets$3,886,500
Liabilities$958,062
Net Assets$2,928,438

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2015: $3,247,861Expenses 2015: $3,171,735Net Income 2015: $76,1262015Revenue 2016: $6,877,398Expenses 2016: $6,738,579Net Income 2016: $138,8192016Revenue 2017: $7,496,934Expenses 2017: $7,795,020Net Income 2017: -$298,0862017Revenue 2018: $8,311,516Expenses 2018: $7,865,676Net Income 2018: $445,8402018Revenue 2019: $8,193,990Expenses 2019: $7,937,519Net Income 2019: $256,4712019Revenue 2020: $7,954,949Expenses 2020: $7,795,861Net Income 2020: $159,0882020Revenue 2021: $8,428,668Expenses 2021: $7,966,324Net Income 2021: $462,3442021Revenue 2022: $8,913,900Expenses 2022: $8,415,972Net Income 2022: $497,9282022Revenue 2023: $9,064,808Expenses 2023: $8,778,302Net Income 2023: $286,5062023Revenue 2024: $9,163,675Expenses 2024: $8,697,204Net Income 2024: $466,4712024

Highlighted filing

2024

Revenue$9,163,675
Expenses$8,697,204
Net Income$466,471

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 11, 2025
Return Version
2024v5.2
Gross Receipts
$9,163,675
Mission and Program Overview

Mission

To provide health benefits and life insurance coverage to those who are eligible and their covered dependents.

To provide health benefits and life insurance coverage (continued on schedule o)to those who are eligible and their covered dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,814,575$3,671,126▲ $1,856,551
Rtn Earn Endowment Incm Other Fnds$2,461,967$2,928,438▲ $466,471
Accounts Receivable$931,304$210,397▼ $720,907
Prepaid Expenses and Deferred Charges$4,259$4,977▲ $718
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,750,138$3,886,500▲ $1,136,362
Liabilities
Deferred Revenue$113,796$749,257▲ $635,461
Accounts Payable and Accrued Expenses$174,375$208,805▲ $34,430
Total Liabilities$288,171$958,062▲ $669,891
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,461,967$2,928,438▲ $466,471
Total Liabilities and Net Assets / Fund Balance$2,750,138$3,886,500▲ $1,136,362
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher DugasTrustee
John D BakerTrustee
William E YockeyTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,679,970
Investment Income
$65,580
Other Revenue
$418,125
Change in Net Assets
$466,471

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,745,550
Revenue Not Reported on Financial Statements
$418,125
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$418,125
Total Revenue per Audited Statements
$8,745,550
Total Revenue per Form 990
$9,163,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$87,233
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$8,609,971
Fees for Services Accounting---$18,039
Fees for Services Legal---$14,243
Insurance---$4,259
Other Expenses---$3,835
Office Expenses---$1,375
Total Functional Expenses$0$0$0$8,697,204

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,697,204
Total Expenses per Form 990$8,697,204
Total Expenses per Audited Statements$8,279,079
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-418,125
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization reviews the 990 prior to filing.

Form 990, Part VI, Section C, Line 19

These documents are not available to the public.

Filing and Contact Details

Filer

Filer Name
Gldc-ila Health and Welfare Fund
EIN
34-1899990
Phone
2167817816
Address
591 ERIESIDE AVENUE, CLEVELAND, OH 44114

Signing Officer

Name
John D Baker
Title
Trustee
Phone
2167817816
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John D Baker
Formed
1999
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Ciuni & Panichi Inc
Address
25201 CHAGRIN BLVD 200, CLEVELAND, OH 44122-5683
Preparer
Jeffrey R Spencer CPA
Phone
2168317171
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The plan has received an exemption letter from the internal revenue service (irs) dated march 9, 2000, stating that the veba trust established under the plan was in compliance with the applicable requirements of the provisions of section 501(c)(9) of the internal revenue code (irc). No federal or state income taxes have been recorded for the years ended december 31, 2024 and 2023 for unrelated business taxable income. The plan and the trust are required to operate in conformity with the irc to maintain the tax-exempt status of the trust. The plan administrator believes that it is being operated in compliance with the applicable requirements of the irc and, therefore, believes that the related trust was tax-exempt as of the financial statement date. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if it has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Prescription rebates 418,125.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Prescription rebates -418,125.

Raw XML Appendix317 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED MARCH 9, 2000, STATING THAT THE VEBA TRUST ESTABLISHED UNDER THE PLAN WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT IT IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PRESCRIPTION REBATES 418,125.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REVIEWS THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02750138
IRS990/TotalAssetsEOYAmt03886500
IRS990/TotalAssetsGrp/BOYAmt02750138
IRS990/TotalAssetsGrp/EOYAmt03886500
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt08697204
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0288171
IRS990/TotalLiabilitiesEOYAmt0958062
IRS990/TotalLiabilitiesGrp/BOYAmt0288171
IRS990/TotalLiabilitiesGrp/EOYAmt0958062
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02461967
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02928438
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08609971
IRS990/TotalProgramServiceRevenueAmt08679970
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt065580
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09098095
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09163675
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02750138
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03886500
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0591 ERIESIDE AVENUE
IRS990/USAddress/CityNm0CLEVELAND
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044114
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN D BAKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02167817816
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLDC-ILA HEALTH AND WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0GLDC
ReturnHeader/Filer/EIN0341899990
ReturnHeader/Filer/PhoneNum02167817816
ReturnHeader/Filer/USAddress/AddressLine1Txt0591 ERIESIDE AVENUE
ReturnHeader/Filer/USAddress/CityNm0CLEVELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044114
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341322309
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CIUNI & PANICHI INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025201 CHAGRIN BLVD 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLEVELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441225683
ReturnHeader/PreparerPersonGrp/PhoneNum02168317171
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY R SPENCER CPA
ReturnHeader/ReturnTs02025-11-17T13:28:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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