Civic Intelligence

Canton Electrical Welfare Fund

EIN 34-6573626 • 501(c)9 • Canfield, OH

View Organization Page

Profile

To provide medical, vision, dental, disability, life insurance, and accidental death and dismemberment benefits to eligible members of ibew 540 and their families.

3660 Stutz DriveCanfield, OH 44406

n/A

Siviq Scores

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

Liabilities / Assets

54th percentile

0.02x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.04x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Net Margin

12th percentile

-18%

Higher net margin than 12% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

51st percentile

5.1%

Faster asset growth than 51% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

53rd percentile

6.9%

Faster revenue growth than 53% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$21,619,699

Up $322,274 (+1.5%) from 2023

Liabilities

Up

$500,008

Up $210,146 (+72%) from 2023

Net Assets

Up

$21,119,691

Up $112,128 (+0.5%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin12th percentile

Revenue

Up

$11,236,592

Up $435,857 (+4.0%) from 2023

Expenses

Up

$13,305,455

Up $3,953,952 (+42%) from 2023

Net Income

Down

-$2,068,863

Down $3,518,095 (-243%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$30M$20M$10M$0Assets 2010: $11,580,506Liabilities 2010: $68,755Net Assets 2010: $11,511,7512010Assets 2011: $12,762,929Liabilities 2011: $96,280Net Assets 2011: $12,666,6492011Assets 2012: $13,823,753Liabilities 2012: $81,782Net Assets 2012: $13,741,9712012Assets 2013: $15,182,541Liabilities 2013: $95,590Net Assets 2013: $15,086,9512013Assets 2014: $16,810,814Liabilities 2014: $166,097Net Assets 2014: $16,644,7172014Assets 2015: $16,418,815Liabilities 2015: $76,555Net Assets 2015: $16,342,2602015Assets 2016: $16,710,589Liabilities 2016: $158,313Net Assets 2016: $16,552,2762016Assets 2017: $17,583,794Liabilities 2017: $311,742Net Assets 2017: $17,272,0522017Assets 2018: $16,820,864Liabilities 2018: $186,700Net Assets 2018: $16,634,1642018Assets 2019: $17,686,747Liabilities 2019: $159,566Net Assets 2019: $17,527,1812019Assets 2020: $18,819,101Liabilities 2020: $191,115Net Assets 2020: $18,627,9862020Assets 2021: $20,317,325Liabilities 2021: $180,118Net Assets 2021: $20,137,2072021Assets 2022: $19,585,337Liabilities 2022: $218,804Net Assets 2022: $19,366,5332022Assets 2023: $21,297,425Liabilities 2023: $289,862Net Assets 2023: $21,007,5632023Assets 2024: $21,619,699Liabilities 2024: $500,008Net Assets 2024: $21,119,6912024

Highlighted filing

2024

Assets$21,619,699
Liabilities$500,008
Net Assets$21,119,691
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,202,5812010Expenses 2011: $4,673,3292011Expenses 2012: $5,033,0322012Expenses 2013: $4,801,6592013Revenue 2014: $6,937,382Expenses 2014: $5,014,095Net Income 2014: $1,923,2872014Revenue 2015: $5,964,630Expenses 2015: $5,936,515Net Income 2015: $28,1152015Revenue 2016: $6,611,492Expenses 2016: $6,308,313Net Income 2016: $303,1792016Revenue 2017: $7,171,553Expenses 2017: $7,250,737Net Income 2017: -$79,1842017Revenue 2018: $8,080,882Expenses 2018: $7,948,030Net Income 2018: $132,8522018Revenue 2019: $8,966,051Expenses 2019: $8,118,893Net Income 2019: $847,1582019Revenue 2020: $8,220,655Expenses 2020: $7,683,087Net Income 2020: $537,5682020Revenue 2021: $9,164,122Expenses 2021: $8,626,202Net Income 2021: $537,9202021Revenue 2022: $9,839,422Expenses 2022: $7,998,864Net Income 2022: $1,840,5582022Revenue 2023: $10,800,735Expenses 2023: $9,351,503Net Income 2023: $1,449,2322023Revenue 2024: $11,236,592Expenses 2024: $13,305,455Net Income 2024: -$2,068,8632024

Highlighted filing

2024

Revenue$11,236,592
Expenses$13,305,455
Net Income-$2,068,863
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$21,619,699
Liabilities
$500,008
Net assets
$21,119,691
Revenue
$11,236,592
Expenses
$13,305,455
Net income
-$2,068,863
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$0.50$21.1$11.2$13.3$2.07
2023Detailed filing. Detailed filing data is available for this year.$21.3$0.29$21.0$10.8$9.35$1.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$0.22$19.4$9.84$8.00$1.84
2021Detailed filing. Detailed filing data is available for this year.$20.3$0.18$20.1$9.16$8.63$0.54
2020Detailed filing. Detailed filing data is available for this year.$18.8$0.19$18.6$8.22$7.68$0.54
2019Detailed filing. Detailed filing data is available for this year.$17.7$0.16$17.5$8.97$8.12$0.85
2018Detailed filing. Detailed filing data is available for this year.$16.8$0.19$16.6$8.08$7.95$0.13
2017Detailed filing. Detailed filing data is available for this year.$17.6$0.31$17.3$7.17$7.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$16.7$0.16$16.6$6.61$6.31$0.30
2015Detailed filing. Detailed filing data is available for this year.$16.4$0.08$16.3$5.96$5.94$0.03
2014Detailed filing. Detailed filing data is available for this year.$16.8$0.17$16.6$6.94$5.01$1.92
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.10$15.1$4.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$0.08$13.7$5.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.10$12.7$4.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.07$11.5$4.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 5, 2025
Return Version
2023v6.0
Gross Receipts
$23,771,753
Mission and Program Overview

Mission

To provide medical, vision, dental,

To provide medical, vision, dental, disability, life insurance, and accidental death and dismemberment benefits to eligible members of ibew 540 and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,759,828$17,665,532▲ $905,704
Cash and Non-Interest-Bearing Accounts$3,137,269$2,355,941▼ $781,328
Accounts Receivable$1,299,366$1,404,910▲ $105,544
Savings and Temporary Cash Investments$80,974$157,778▲ $76,804
Prepaid Expenses and Deferred Charges$19,988$35,538▲ $15,550
Total Assets$21,297,425$21,619,699▲ $322,274
Liabilities
Accounts Payable and Accrued Expenses$159,889$251,996▲ $92,107
Other Liabilities$129,973$248,012▲ $118,039
Total Liabilities$289,862$500,008▲ $210,146
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,007,563$21,119,691▲ $112,128
Total Net Assets Fund Balance$21,007,563$21,119,691▲ $112,128
Total Liabilities and Net Assets / Fund Balance$21,297,425$21,619,699▲ $322,274
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Mitch NeiselTrustee$2,535$2,535

Board Members and Trustees

NameTitle
Brent FatzingerTrustee
Curt MooreTrustee
Erik HannTrustee
James DeckertTrustee
John ScottTrustee
Nathan PowellTrustee
Philip WilliamsTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,755,420
Investment Income
$445,376
Other Revenue
$35,796
Change in Net Assets
$-2,068,863

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,227,092
Revenue Not Reported on Financial Statements
$9,500
Revenue Not Reported on Form 990
$3,552,267
Total Revenue per Audited Statements
$14,779,359
Total Revenue per Form 990
$11,236,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,841,169
Salaries, Compensation, and Employee Benefits$13,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$0--$11,450,364
Fees for Services Other$0$0$0$843,174
Insurance$0$0$0$783,295
Fees for Services Management$0$0$0$105,738
Fees for Services Legal$0$0$0$42,992
Fees for Services Accounting$0$0$0$21,400
Office Expenses$0$0$0$13,395
Payroll Taxes$0$0$0$11,387
Fees for Service Investment Mgmnt Fees$0$0$0$9,500
Current Officers, Directors, Trustees, and Key Employees$0$0$0$2,535
Other Expenses$0$0$0$2,248
Total Functional Expenses$0$0$0$13,305,455

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,667,231
Total Expenses per Form 990$13,305,455
Expenses per Audited Statements$13,295,955
Expenses Not Reported on Form 990$1,371,276
Expenses Not Reported on Financial Statements$9,500
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Reimbursement Account$167,500
Contributions Received for Future Benefits$79,143
Payroll Taxes Withheld$1,369
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Canton Electrical Welfare Fund
EIN
34-6573626
Phone
3302700453
Address
3660 STUTZ DRIVE, CANFIELD, OH 44406

Signing Officer

Name
Curt Moore
Title
Trustee
Phone
3302700453
Signed
2025-09-05
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
23
Volunteers
0

Preparer

Firm
Yurchyk & Davis CPA's Inc
Address
3701 Boardman-Canfield Rd 2, Canfield, OH 44406
Preparer
David a Eyster CPA Cma
Phone
3305335000
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The form 990 was reviewed by all trustees of the board at the quarterly board meeting and was authorized to be signed.”

Pt VI, Line 12C

“Trustees disclose any conflict of interest policy.”

Pt VI, Line 15B

“Trustees are reimbursed wages for their time at the quarterly board meeting, if the meeting is held during normal business hours.”

Pt VI, Line 19

“All governing documents, conflict of interest policy, and the financial statements are available upon request at the fund office.”

Financial Statement Notes

Pt X, Line 2

“The Trust established under the Plan to hold the Plans net assets is qualified pursuant to Section (501)(c)(9) of the Internal Revenue Code and, accordingly, the Trusts net investment income is exempt from income taxes. The Sponsor believes that the Plan, as amended, continues to qualify and to operate as designed. The Plan has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Plan has analyzed tax positions taken for filing with the Internal Revenue Service. The Plan believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Plans financial condition, results of operations or cash flows. Accordingly, the Plan has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at October 31, 2024. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Pt XI, Line 2D

“Refunds from benefits paid.”

Pt XII, Line 2D

“Refunds from benefits paid.”

Pt XI, Line 4B

“INVESTMENT EXPENSES.”

Pt XII, Line 4B

“INVESTMENT EXPENSES.”

Raw XML Appendix395 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0159889
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0251996
IRS990/AccountsReceivableGrp/BOYAmt01299366
IRS990/AccountsReceivableGrp/EOYAmt01404910
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE MEDICAL, VISION, DENTAL, DISABILITY, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF IBEW 540 AND THEIR FAMILIES.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt011450364
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BENESYS INC
IRS990/BooksInCareOfDetail/PhoneNum03302700453
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03660 STUTZ DRIVE SUITE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0CANFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044406
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03137269
IRS990/CashNonInterestBearingGrp/EOYAmt02355941
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02535
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt011450364
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0445376
IRS990/CYOtherExpensesAmt01841169
IRS990/CYOtherRevenueAmt035796
IRS990/CYProgramServiceRevenueAmt010755420
IRS990/CYRevenuesLessExpensesAmt0-2068863
IRS990/CYSalariesCompEmpBnftPaidAmt013922
IRS990/CYTotalExpensesAmt013305455
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011236592
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ORGANIZATION PROVIDES MEDICAL, VISION, DENTAL, LIFE INSURANCE, AN ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF THE IBEW LOCAL UNION 540 AND THEIR MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt021400
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt042992
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt0105738
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt0843174
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt09500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIK HANN
IRS990/Form990PartVIISectionAGrp/PersonNm1BRENT FATZINGER
IRS990/Form990PartVIISectionAGrp/PersonNm2CURT MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm3MITCH NEISEL
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES DECKERT
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILIP WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm7NATHAN POWELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32535
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-131764
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012403397
IRS990/GrossReceiptsAmt023771753
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt0783295
IRS990/InvestmentIncomeGrp/ExclusionAmt0577140
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0577140
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016759828
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017665532
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012535161
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE MEDICAL, VISION, DENTAL, DISABILITY, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF IBEW 540 AND THEIR FAMILIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt021007563
IRS990/NetAssetsOrFundBalancesEOYAmt021119691
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-131764
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-131764
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02180991
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt021007563
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021119691
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt013395
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0POSTAGE AND PRNTING EXPENSE
IRS990/OtherExpensesGrp/Desc1RECIPROCITY EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt016947
IRS990/OtherExpensesGrp/TotalAmt12480
IRS990/OtherExpensesGrp/TotalAmt22248
IRS990/OtherLiabilitiesGrp/BOYAmt0129973
IRS990/OtherLiabilitiesGrp/EOYAmt0248012
IRS990/OtherRevenueMiscGrp/BusinessCd0525100
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt035796
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035796
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt035796
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt011387
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019988
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035538
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0CURT MOORE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525100
IRS990/ProgramServiceRevenueGrp/BusinessCd2525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1PARTICIPANT CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2OFFICE AND SALARY
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07837920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11142898
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21774602
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt07708964
IRS990/PYInvestmentIncomeAmt0519080
IRS990/PYOtherExpensesAmt01634616
IRS990/PYOtherRevenueAmt030
IRS990/PYProgramServiceRevenueAmt010281625
IRS990/PYRevenuesLessExpensesAmt01449232
IRS990/PYSalariesCompEmpBnftPaidAmt07923
IRS990/PYTotalExpensesAmt09351503
IRS990/PYTotalRevenueAmt010800735
IRS990/ReconcilationRevenueExpnssAmt0-2068863
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt080974
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0157778
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt01371276
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt09500
IRS990ScheduleD/ExpensesSubtotalAmt013295955
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt09500
IRS990ScheduleD/InvestmentExpensesNotIncldAmt09500
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02180991
IRS990ScheduleD/OtherExpensesIncludedAmt01371276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt079143
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2167500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTRIBUTIONS RECEIVED FOR FUTURE BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES WITHHELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2HEALTH REIMBURSEMENT ACCOUNT
IRS990ScheduleD/OtherRevenueAmt01371276
IRS990ScheduleD/RevenueNotReportedAmt03552267
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt09500
IRS990ScheduleD/RevenueSubtotalAmt011227092
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Trust established under the Plan to hold the Plans net assets is qualified pursuant to Section (501)(c)(9) of the Internal Revenue Code and, accordingly, the Trusts net investment income is exempt from income taxes. The Sponsor believes that the Plan, as amended, continues to qualify and to operate as designed. The Plan has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Plan has analyzed tax positions taken for filing with the Internal Revenue Service. The Plan believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Plans financial condition, results of operations or cash flows. Accordingly, the Plan has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at October 31, 2024. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REFUNDS FROM BENEFITS PAID.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REFUNDS FROM BENEFITS PAID.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3INVESTMENT EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4INVESTMENT EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XII, Line 4b
IRS990ScheduleD/TotalExpensesPerForm990Amt013305455
IRS990ScheduleD/TotalLiabilityAmt0248012
IRS990ScheduleD/TotalRevenuePerForm990Amt011236592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014779359
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014667231
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY ALL TRUSTEES OF THE BOARD AT THE QUARTERLY BOARD MEETING AND WAS AUTHORIZED TO BE SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES DISCLOSE ANY CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES ARE REIMBURSED WAGES FOR THEIR TIME AT THE QUARTERLY BOARD MEETING, IF THE MEETING IS HELD DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE FUND OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021297425
IRS990/TotalAssetsEOYAmt021619699
IRS990/TotalAssetsGrp/BOYAmt021297425
IRS990/TotalAssetsGrp/EOYAmt021619699
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt013305455
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0289862
IRS990/TotalLiabilitiesEOYAmt0500008
IRS990/TotalLiabilitiesGrp/BOYAmt0289862
IRS990/TotalLiabilitiesGrp/EOYAmt0500008
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt021007563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt021119691
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt010755420
IRS990/TotalReportableCompFromOrgAmt02535
IRS990/TotalRevenueGrp/ExclusionAmt0577140
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010659452
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011236592
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021297425
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021619699
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03660 STUTZ DRIVE SUITE 101
IRS990/USAddress/CityNm0CANFIELD
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044406
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CURT MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03302700453
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CANTON ELECTRICAL WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0CANT
ReturnHeader/Filer/EIN0346573626
ReturnHeader/Filer/PhoneNum03302700453
ReturnHeader/Filer/USAddress/AddressLine1Txt03660 STUTZ DRIVE
ReturnHeader/Filer/USAddress/CityNm0CANFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044406
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341638235
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Yurchyk & Davis CPA's Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03701 Boardman-Canfield Rd 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Canfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044406
ReturnHeader/PreparerPersonGrp/PhoneNum03305335000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A EYSTER CPA CMA
ReturnHeader/ReturnTs02025-09-05T12:03:51-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.