Civic Intelligence

Iatse Local 30 Health And

EIN 35-1500522 • 501(c)9 • Indianapolis, IN

Profile

To provide basic, major medical, and life insurance benefits for eligible members.

1407 E Riverside DriveIndianapolis, IN 46202-2037

www.iatse30.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.09x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Net Margin

68th percentile

17%

Higher net margin than 68% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

501(c)9 • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

15%

Faster asset growth than 79% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

35%

Faster revenue growth than 82% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,699,718

Up $343,783 (+15%) from 2023

Liabilities

Down

$174,182

Down $1,726 (-1.0%) from 2023

Net Assets

Up

$2,525,536

Up $345,509 (+16%) from 2023

Revenue

Up

$2,033,435

Up $524,306 (+35%) from 2023

Expenses

Up

$1,687,926

Up $849,214 (+101%) from 2023

Net Income

Down

$345,509

Down $324,908 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $234,774Liabilities 2010: $101,954Net Assets 2010: $132,8202010Assets 2011: $338,265Liabilities 2011: $98,229Net Assets 2011: $240,0362011Assets 2012: $611,492Liabilities 2012: $86,639Net Assets 2012: $524,8532012Assets 2013: $863,889Liabilities 2013: $95,701Net Assets 2013: $768,1882013Assets 2014: $791,647Liabilities 2014: $92,478Net Assets 2014: $699,1692014Assets 2015: $878,172Liabilities 2015: $90,591Net Assets 2015: $787,5812015Assets 2016: $971,643Liabilities 2016: $112,428Net Assets 2016: $859,2152016Assets 2017: $1,135,141Liabilities 2017: $124,712Net Assets 2017: $1,010,4292017Assets 2018: $953,231Liabilities 2018: $159,779Net Assets 2018: $793,4522018Assets 2019: $947,945Liabilities 2019: $178,124Net Assets 2019: $769,8212019Assets 2020: $293,854Liabilities 2020: $82,480Net Assets 2020: $211,3742020Assets 2021: $844,040Liabilities 2021: $113,696Net Assets 2021: $730,3442021Assets 2022: $1,675,669Liabilities 2022: $166,059Net Assets 2022: $1,509,6102022Assets 2023: $2,355,935Liabilities 2023: $175,908Net Assets 2023: $2,180,0272023Assets 2024: $2,699,718Liabilities 2024: $174,182Net Assets 2024: $2,525,5362024

Highlighted filing

2024

Assets$2,699,718
Liabilities$174,182
Net Assets$2,525,536

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $756,0112010Expenses 2011: $553,5412011Expenses 2012: $576,1632012Revenue 2013: $734,606Expenses 2013: $546,008Net Income 2013: $188,5982013Revenue 2014: $772,427Expenses 2014: $857,155Net Income 2014: -$84,7282014Revenue 2015: $913,529Expenses 2015: $816,004Net Income 2015: $97,5252015Revenue 2016: $948,383Expenses 2016: $877,084Net Income 2016: $71,2992016Revenue 2017: $1,146,632Expenses 2017: $1,033,493Net Income 2017: $113,1392017Revenue 2018: $1,189,460Expenses 2018: $1,363,227Net Income 2018: -$173,7672018Revenue 2019: $1,328,411Expenses 2019: $1,432,482Net Income 2019: -$104,0712019Revenue 2020: $723,597Expenses 2020: $1,097,731Net Income 2020: -$374,1342020Revenue 2021: $720,276Expenses 2021: $201,306Net Income 2021: $518,9702021Revenue 2022: $1,149,744Expenses 2022: $370,478Net Income 2022: $779,2662022Revenue 2023: $1,509,129Expenses 2023: $838,712Net Income 2023: $670,4172023Revenue 2024: $2,033,435Expenses 2024: $1,687,926Net Income 2024: $345,5092024

Highlighted filing

2024

Revenue$2,033,435
Expenses$1,687,926
Net Income$345,509

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.70$0.17$2.53$2.03$1.69$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.36$0.18$2.18$1.51$0.84$0.67
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.17$1.51$1.15$0.37$0.78
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.11$0.73$0.72$0.20$0.52
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.08$0.21$0.72$1.10$0.37
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.18$0.77$1.33$1.43$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.16$0.79$1.19$1.36$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.12$1.01$1.15$1.03$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.11$0.86$0.95$0.88$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.09$0.79$0.91$0.82$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.09$0.70$0.77$0.86$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.86$0.10$0.77$0.73$0.55$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.09$0.52$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.10$0.24$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.10$0.13$0.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 9, 2025
Return Version
2024v5.2
Gross Receipts
$2,033,435
Mission and Program Overview

Mission

To provide basic, major medical, and life insurance benefits for eligible members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,051,381$2,198,733▲ $147,352
Accounts Receivable$185,632$272,720▲ $87,088
Cash and Non-Interest-Bearing Accounts$118,922$228,265▲ $109,343
Total Assets$2,355,935$2,699,718▲ $343,783
Liabilities
Accounts Payable and Accrued Expenses$175,908$174,182▼ $1,726
Total Liabilities$175,908$174,182▼ $1,726
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,180,027$2,525,536▲ $345,509
Total Net Assets Fund Balance$2,180,027$2,525,536▲ $345,509
Total Liabilities and Net Assets / Fund Balance$2,355,935$2,699,718▲ $343,783
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew ArnoldTrustee
Andrew DavisTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,934,908
Investment Income
$97,352
Other Revenue
$1,175
Change in Net Assets
$345,509

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,033,435
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,033,435
Total Revenue per Form 990
$2,033,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,450
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$1,648,476
Fees for Services Accounting---$19,118
Fees for Services Other---$14,815
Occupancy---$2,400
Office Expenses---$1,817
Other Expenses---$1,000
Insurance---$300
Total Functional Expenses$0$0$0$1,687,926

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,687,926
Total Expenses per Audited Statements$1,687,926
Total Expenses per Form 990$1,687,926
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The trust document calls for the union to appoint one trustee and for contributing employers to appoint one trustee.

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

The trustee of the organization reviews the form 990 before submission.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Iatse Local 30 Health and
EIN
35-1500522
Phone
3176383226
Address
1407 E RIVERSIDE DRIVE, INDIANAPOLIS, IN 46202-2037

Signing Officer

Name
Andrew Davis
Title
Trustee
Phone
3176383226
Signed
2025-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Davis
Formed
1979
Legal Domicile
In
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Cliftonlarsonallen Llp
Address
227 WEST TRADE STREET SUITE 800, CHARLOTTE, NC 28202
Preparer
Karen Colsch CPA
Phone
7049985200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The veba trust funding benefits of the fund received an exemption letter from the internal revenue service (irs) dated may 14, 1981, stating that the veba trust is tax-exempt under the provisions of section 501(c)(9) of the internal revenue code (irc). However, as a result of the fund's funding policy, from time to time the veba trust may be subject to income taxes. For the years ended december 31, 2023 and 2022, no federal or state income taxes have been recorded for unrelated business taxable income. In addition, the fund and veba trust are required to operate in conformity with the irc to maintain the tax-exempt status of the veba trust. The fund administrator believes that the fund is being operated in compliance with the applicable requirements of the irc and, therefore, believes that the related veba trust is tax-exempt. Accounting principles generally accepted in the united states of america require fund management to evaluate tax positions taken by the fund and recognize a tax liability (or asset) if the fund has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML Appendix313 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
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA TRUST FUNDING BENEFITS OF THE FUND RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED MAY 14, 1981, STATING THAT THE VEBA TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE FUND'S FUNDING POLICY, FROM TIME TO TIME THE VEBA TRUST MAY BE SUBJECT TO INCOME TAXES. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE FUND AND VEBA TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE VEBA TRUST. THE FUND ADMINISTRATOR BELIEVES THAT THE FUND IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED VEBA TRUST IS TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE FUND MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST DOCUMENT CALLS FOR THE UNION TO APPOINT ONE TRUSTEE AND FOR CONTRIBUTING EMPLOYERS TO APPOINT ONE TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEE OF THE ORGANIZATION REVIEWS THE FORM 990 BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IATSE LOCAL 30 HEALTH AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0IATS
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028202
ReturnHeader/PreparerPersonGrp/PhoneNum07049985200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN COLSCH CPA
ReturnHeader/ReturnTs02025-10-10T11:34:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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