Civic Intelligence

Canton Electrical Welfare Fund

990 • Fiscal year 2017 • EIN 34-6573626

Nov 01, 2016 to Oct 31, 2017 • Filed on Jul 26, 2018

33 Fitch BoulevardYoungstown, OH 44515

(330) 270-0453

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.04x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Net Margin

29th percentile

-1.1%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$819

Higher top officer pay than 52% of similar nonprofits.

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

2017 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2017

Asset Growth

45th percentile

5.2%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

8.5%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$17,583,794

Up $873,205 (+5.2%) from 2016

Net Assets

Up

$17,272,052

Up $719,776 (+4.3%) from 2016

Liabilities

Up

$311,742

Up $153,429 (+97%) from 2016

Revenue

Up

$7,171,553

Up $560,061 (+8.5%) from 2016

Expenses

Up

$7,250,737

Up $942,424 (+15%) from 2016

Net Income

Down

-$79,184

Down $382,363 (-126%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2017

Assets$17,583,794
Liabilities$311,742
Net Assets$17,272,052

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$7,171,553
Expenses$7,250,737
Net Income-$79,184
Jump To
Filing Snapshot
Filing Period
Nov 1, 2016 to Oct 31, 2017
Signed
Jul 26, 2018
Return Version
2016v3.0
Gross Receipts
$16,888,732
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$14,151,869$14,968,045▲ $816,176
Cash and Non-Interest-Bearing Accounts$1,209,152$1,418,296▲ $209,144
Accounts Receivable$1,057,998$840,078▼ $217,920
Savings and Temporary Cash Investments$248,550$326,164▲ $77,614
Prepaid Expenses and Deferred Charges$43,020$31,211▼ $11,809
Total Assets$16,710,589$17,583,794▲ $873,205
Liabilities
Accounts Payable and Accrued Expenses$99,974$210,581▲ $110,607
Other Liabilities$58,339$101,161▲ $42,822
Total Liabilities$158,313$311,742▲ $153,429
Net Assets / Fund Balance
Unrestricted Net Assets$16,552,276$17,272,052▲ $719,776
Total Net Assets Fund Balance$16,552,276$17,272,052▲ $719,776
Total Liabilities and Net Assets / Fund Balance$16,710,589$17,583,794▲ $873,205
Compensation and Service Providers

Employees

NameTitleBaseTotal
Matthew LeslieTrustee$819$819
Mark GoldTrustee$523$523

Board Members and Trustees

NameTitle
Aaron BrownTrustee
Brent FatzingerTrustee
Fred MillerTrustee
Jason WaldenTrustee
Philip WilliamTrustee
Ted FosterTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,981,213
Investment Income
$190,340
Other Revenue
$0
Change in Net Assets
$-79,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,077,985
Revenue Not Reported on Financial Statements
$93,568
Revenue Not Reported on Form 990
$1,257,653
Total Revenue per Audited Statements
$8,335,638
Total Revenue per Form 990
$7,171,553
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,020,346
Salaries, Compensation, and Employee Benefits$9,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$6,221,269
Insurance---$545,878
Fees for Services Other---$230,893
Fees for Service Investment Mgmnt Fees---$93,568
Fees for Services Management---$82,250
Fees for Services Accounting---$16,785
Office Expenses---$11,778
Fees for Services Legal---$8,618
Payroll Taxes---$7,780
Conferences and Meetings---$7,249
Other Expenses---$3,371
Current Officers, Directors, Trustees, and Key Employees---$1,342
Total Functional Expenses$0$0$0$7,250,737

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,615,862
Total Expenses per Form 990$7,250,737
Expenses per Audited Statements$7,157,169
Expenses Not Reported on Form 990$458,693
Expenses Not Reported on Financial Statements$93,568
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contributions Received for Future Benefits$97,802
Payroll Taxes Witheld$3,359
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
33 FITCH BOULEVARD, YOUNGSTOWN, OH 44515

Signing Officer

Name
Ted Foster
Title
Trustee
Phone
3302700453
Signed
2018-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ted Foster
Formed
1965
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
21
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 the trustees of the board at the quarterly board meetings and was authorized to be signed.

Pt VI, Line 12C

Trustees disclose any conflict of interest annually

Pt VI, Line 15B

Trustees are reimbursed wages for their time at the quarterly board meetings, 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 plan's net assets is qualified pursuant to section (501) (c)(9) of the internal revenue code and, accordingly, the trust's 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 plan's 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, 2017.the plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan believes it is no longer subject to income tax examinations for years prior to october 31, 2014.

Pt XI, Line 2D

Refunds from benefits paid

Pt XII, Line 2D

Refunds from benefits paid

Raw XML Appendix337 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/BOYAmt099974
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0210581
IRS990/AccountsReceivableGrp/BOYAmt01057998
IRS990/AccountsReceivableGrp/EOYAmt0840078
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/TotalAmt06221269
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BENESYS INC
IRS990/BooksInCareOfDetail/PhoneNum03302700453
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033 FITCH BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTINTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044515
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01209152
IRS990/CashNonInterestBearingGrp/EOYAmt01418296
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01342
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt07249
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt06221269
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0190340
IRS990/CYOtherExpensesAmt01020346
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06981213
IRS990/CYRevenuesLessExpensesAmt0-79184
IRS990/CYSalariesCompEmpBnftPaidAmt09122
IRS990/CYTotalExpensesAmt07250737
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07171553
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ORGANIZATION PROVIDES MEDICAL, VISION, DENTAL, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF THE IBEW LOCAL UNION 540 AND THEIR FAMILIES
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt016785
IRS990/FeesForServicesLegalGrp/TotalAmt08618
IRS990/FeesForServicesManagementGrp/TotalAmt082250
IRS990/FeesForServicesOtherGrp/TotalAmt0230893
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt093568
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/PersonNm0FRED MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILIP WILLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW LESLIE
IRS990/Form990PartVIISectionAGrp/PersonNm3AARON BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm4TED FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm5BRENT FATZINGER
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON WALDEN
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK GOLD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2819
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7523
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/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-134658
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09582521
IRS990/GrossReceiptsAmt016888732
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0545878
IRS990/InvestmentIncomeGrp/ExclusionAmt0324998
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0324998
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014151869
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014968045
IRS990/IRPDocumentCnt0238
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09717179
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE MEDICAL, VISION, DENTAL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt016552276
IRS990/NetAssetsOrFundBalancesEOYAmt017272052
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-134658
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-134658
IRS990/NetUnrlzdGainsLossesInvstAmt0798960
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt011778
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PRINTING AND POSTAGE
IRS990/OtherExpensesGrp/Desc1RECIPROCITY EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt017756
IRS990/OtherExpensesGrp/TotalAmt12200
IRS990/OtherExpensesGrp/TotalAmt23371
IRS990/OtherLiabilitiesGrp/BOYAmt058339
IRS990/OtherLiabilitiesGrp/EOYAmt0101161
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt07780
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043020
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031211
IRS990/PrincipalOfficerNm0TED FOSTER
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/TotalRevenueColumnAmt05413594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11069335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2498284
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05398359
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0553869
IRS990/PYOtherExpensesAmt0901467
IRS990/PYOtherRevenueAmt071359
IRS990/PYProgramServiceRevenueAmt05986264
IRS990/PYRevenuesLessExpensesAmt0303179
IRS990/PYSalariesCompEmpBnftPaidAmt08487
IRS990/PYTotalExpensesAmt06308313
IRS990/PYTotalRevenueAmt06611492
IRS990/ReconcilationRevenueExpnssAmt0-79184
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0248550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0326164
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0458693
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt093568
IRS990ScheduleD/ExpensesSubtotalAmt07157169
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt093568
IRS990ScheduleD/InvestmentExpensesNotIncldAmt093568
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0798960
IRS990ScheduleD/OtherExpensesIncludedAmt0458693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt197802
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES WITHELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTRIBUTIONS RECEIVED FOR FUTURE BENEFITS
IRS990ScheduleD/OtherRevenueAmt0458693
IRS990ScheduleD/RevenueNotReportedAmt01257653
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt093568
IRS990ScheduleD/RevenueSubtotalAmt07077985
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S NET ASSETS IS QUALIFIED PURSUANT TO SECTION (501) (C)(9) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, THE TRUST'S 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 PLAN'S 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, 2017.THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO OCTOBER 31, 2014.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REFUNDS FROM BENEFITS PAID
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REFUNDS FROM BENEFITS PAID
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/TotalExpensesPerForm990Amt07250737
IRS990ScheduleD/TotalLiabilityAmt0101161
IRS990ScheduleD/TotalRevenuePerForm990Amt07171553
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08335638
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07615862
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY ALL THE TRUSTEES OF THE BOARD AT THE QUARTERLY BOARD MEETINGS AND WAS AUTHORIZED TO BE SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES DISCLOSE ANY CONFLICT OF INTEREST ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES ARE REIMBURSED WAGES FOR THEIR TIME AT THE QUARTERLY BOARD MEETINGS, 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/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016710589
IRS990/TotalAssetsEOYAmt017583794
IRS990/TotalAssetsGrp/BOYAmt016710589
IRS990/TotalAssetsGrp/EOYAmt017583794
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/TotalAmt07250737
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0158313
IRS990/TotalLiabilitiesEOYAmt0311742
IRS990/TotalLiabilitiesGrp/BOYAmt0158313
IRS990/TotalLiabilitiesGrp/EOYAmt0311742
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016552276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017272052
IRS990/TotalProgramServiceRevenueAmt06981213
IRS990/TotalReportableCompFromOrgAmt01342
IRS990/TotalRevenueGrp/ExclusionAmt0324998
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06846555
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07171553
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016710589
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017583794
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016552276
IRS990/UnrestrictedNetAssetsGrp/EOYAmt017272052
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt033 FITCH BLVD
IRS990/USAddress/CityNm0AUSTINTOWN
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044515
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TED FOSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03302700453
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CANTON ELECTRICAL WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0CANT
ReturnHeader/Filer/EIN0346573626
ReturnHeader/Filer/PhoneNum03302700453
ReturnHeader/Filer/USAddress/AddressLine1Txt033 FITCH BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0YOUNGSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044515
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DD392F53E4961F4719B67FDEC01C644C8249B983
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FBA73B1CAC558642EE7E03BB0A693F48FE7A86F2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.144.144.53
ReturnHeader/FilingSecurityInformation/IPDt02018-07-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:56:12
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/PreparationDt02018-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A EYSTER CPA CMA
ReturnHeader/ReturnTs02018-07-26T08:56:12-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-11-01
ReturnHeader/TaxPeriodEndDt02017-10-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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