Civic Intelligence

Canton Electrical Welfare Fund

990 • Fiscal year 2018 • EIN 34-6573626

Nov 01, 2017 to Oct 31, 2018 • Filed on Aug 14, 2019

Organization ProfileN/A

View Organization Page

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

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.02x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Net Margin

43rd percentile

1.6%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$986

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Asset Growth

34th percentile

-4.3%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$16,820,864

Down $762,930 (-4.3%) from 2017

Net Assets

Down

$16,634,164

Down $637,888 (-3.7%) from 2017

Liabilities

Down

$186,700

Down $125,042 (-40%) from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin43rd percentile

Revenue

Up

$8,080,882

Up $909,329 (+13%) from 2017

Expenses

Up

$7,948,030

Up $697,293 (+9.6%) from 2017

Net Income

Up

$132,852

Up $212,036 (+268%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

2018

Assets$16,820,864
Liabilities$186,700
Net Assets$16,634,164
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

2018

Revenue$8,080,882
Expenses$7,948,030
Net Income$132,852
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Aug 14, 2019
Return Version
2017v2.2
Gross Receipts
$16,672,896
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$14,968,045$14,905,472▼ $62,573
Accounts Receivable$840,078$935,046▲ $94,968
Cash and Non-Interest-Bearing Accounts$1,418,296$557,546▼ $860,750
Savings and Temporary Cash Investments$326,164$391,118▲ $64,954
Prepaid Expenses and Deferred Charges$31,211$31,682▲ $471
Total Assets$17,583,794$16,820,864▼ $762,930
Liabilities
Other Liabilities$101,161$101,074▼ $87
Accounts Payable and Accrued Expenses$210,581$85,626▼ $124,955
Total Liabilities$311,742$186,700▼ $125,042
Net Assets / Fund Balance
Unrestricted Net Assets$17,272,052$16,634,164▼ $637,888
Total Net Assets Fund Balance$17,272,052$16,634,164▼ $637,888
Total Liabilities and Net Assets / Fund Balance$17,583,794$16,820,864▼ $762,930
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleBaseTotal
Matthew LeslieTrustee$986$986
Mark GoldTrustee$510$510

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,194,507
Investment Income
$886,234
Other Revenue
$141
Change in Net Assets
$132,852

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,978,490
Revenue Not Reported on Financial Statements
$102,392
Revenue Not Reported on Form 990
$629,497
Total Revenue per Audited Statements
$8,607,987
Total Revenue per Form 990
$8,080,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,177,807
Salaries, Compensation, and Employee Benefits$12,578
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$6,757,645
Insurance---$624,906
Fees for Services Other---$291,657
Fees for Service Investment Mgmnt Fees---$102,392
Fees for Services Management---$86,800
Fees for Services Accounting---$19,605
Fees for Services Legal---$16,422
Payroll Taxes---$11,082
Office Expenses---$9,090
Conferences and Meetings---$5,145
Other Expenses---$2,742
Current Officers, Directors, Trustees, and Key Employees---$1,496
Total Functional Expenses$0$0$0$7,948,030

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,245,875
Total Expenses per Form 990$7,948,030
Expenses per Audited Statements$7,845,638
Expenses Not Reported on Form 990$1,400,237
Expenses Not Reported on Financial Statements$102,392
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$99,593
Payroll Taxes Withheld$1,481
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
Fred Miller
Title
Chairman
Phone
3302700453
Signed
2019-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fred Miller
Formed
1965
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
22
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 reveiwed 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, 2018.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, 2015.”

Pt XI, Line 2D

“Refunds from benefits paid”

Pt XII, Line 2D

“Refunds from benefits paid”

Raw XML Appendix340 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/BOYAmt0210581
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt085626
IRS990/AccountsReceivableGrp/BOYAmt0840078
IRS990/AccountsReceivableGrp/EOYAmt0935046
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/TotalAmt06757645
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/BOYAmt01418296
IRS990/CashNonInterestBearingGrp/EOYAmt0557546
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01496
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt05145
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt06757645
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0886234
IRS990/CYOtherExpensesAmt01177807
IRS990/CYOtherRevenueAmt0141
IRS990/CYProgramServiceRevenueAmt07194507
IRS990/CYRevenuesLessExpensesAmt0132852
IRS990/CYSalariesCompEmpBnftPaidAmt012578
IRS990/CYTotalExpensesAmt07948030
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08080882
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/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt019605
IRS990/FeesForServicesLegalGrp/TotalAmt016422
IRS990/FeesForServicesManagementGrp/TotalAmt086800
IRS990/FeesForServicesOtherGrp/TotalAmt0291657
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0102392
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 WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW LESLIE
IRS990/Form990PartVIISectionAGrp/PersonNm3AARON BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm4TED FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm5JASON WALDEN
IRS990/Form990PartVIISectionAGrp/PersonNm6BRENT FATZINGER
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK GOLD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2986
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7510
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/SecuritiesAmt0543062
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09135076
IRS990/GrossReceiptsAmt016672896
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0624906
IRS990/InvestmentIncomeGrp/ExclusionAmt0343172
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0343172
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014968045
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014905472
IRS990/IRPDocumentCnt0238
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08592014
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/NetAssetsOrFundBalancesBOYAmt017272052
IRS990/NetAssetsOrFundBalancesEOYAmt016634164
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0543062
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0543062
IRS990/NetUnrlzdGainsLossesInvstAmt0-770740
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt09090
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PRINTING EXPENSE
IRS990/OtherExpensesGrp/Desc1RECIPROCITY EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt016848
IRS990/OtherExpensesGrp/TotalAmt12200
IRS990/OtherExpensesGrp/TotalAmt22742
IRS990/OtherLiabilitiesGrp/BOYAmt0101161
IRS990/OtherLiabilitiesGrp/EOYAmt0101074
IRS990/OtherRevenueMiscGrp/BusinessCd0525100
IRS990/OtherRevenueMiscGrp/Desc0PENALTY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0141
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0141
IRS990/OtherRevenueTotalAmt0141
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt011082
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031211
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031682
IRS990/PrincipalOfficerNm0FRED MILLER
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/TotalRevenueColumnAmt05299377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11139305
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2755825
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt06221269
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0190340
IRS990/PYOtherExpensesAmt01020346
IRS990/PYProgramServiceRevenueAmt06981213
IRS990/PYRevenuesLessExpensesAmt0-79184
IRS990/PYSalariesCompEmpBnftPaidAmt09122
IRS990/PYTotalExpensesAmt07250737
IRS990/PYTotalRevenueAmt07171553
IRS990/ReconcilationRevenueExpnssAmt0132852
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0326164
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0391118
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt01400237
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0102392
IRS990ScheduleD/ExpensesSubtotalAmt07845638
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0102392
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0102392
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-770740
IRS990ScheduleD/OtherExpensesIncludedAmt01400237
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01481
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt199593
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES WITHHELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTRIBUTIONS RECEIVED FOR FUTURE BENEFITS
IRS990ScheduleD/OtherRevenueAmt01400237
IRS990ScheduleD/RevenueNotReportedAmt0629497
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0102392
IRS990ScheduleD/RevenueSubtotalAmt07978490
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, 2018.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, 2015.
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/TotalExpensesPerForm990Amt07948030
IRS990ScheduleD/TotalLiabilityAmt0101074
IRS990ScheduleD/TotalRevenuePerForm990Amt08080882
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08607987
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09245875
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVEIWED 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/TotalAssetsBOYAmt017583794
IRS990/TotalAssetsEOYAmt016820864
IRS990/TotalAssetsGrp/BOYAmt017583794
IRS990/TotalAssetsGrp/EOYAmt016820864
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/TotalAmt07948030
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0311742
IRS990/TotalLiabilitiesEOYAmt0186700
IRS990/TotalLiabilitiesGrp/BOYAmt0311742
IRS990/TotalLiabilitiesGrp/EOYAmt0186700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017272052
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016634164
IRS990/TotalProgramServiceRevenueAmt07194507
IRS990/TotalReportableCompFromOrgAmt01496
IRS990/TotalRevenueGrp/ExclusionAmt0343172
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07737710
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08080882
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017583794
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016820864
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt017272052
IRS990/UnrestrictedNetAssetsGrp/EOYAmt016634164
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRED MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03302700453
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-14
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/AtSubmissionCreationDeviceId0F1F450615C2A2DA4F9CF62AA90C6AA84F82CDBC5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CC36E6EBFC39CF51764BE93191611B35E3A68F1C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.144.144.53
ReturnHeader/FilingSecurityInformation/IPDt02019-08-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm007:16:08
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/PreparationDt02019-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A EYSTER CPA CMA
ReturnHeader/ReturnTs02019-08-14T07:16:18-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-11-01
ReturnHeader/TaxPeriodEndDt02018-10-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,820,864
Liabilities
$186,700
Net assets
$16,634,164
Revenue
$8,080,882
Expenses
$7,948,030
Net income
$132,852
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