Civic Intelligence

Plumbers & Pipefitters Local No 633 Health & Welfare

990 • Fiscal year 2020 • EIN 36-4550416

Apr 01, 2019 to Mar 31, 2020 • Filed on Jan 11, 2021

333 West Vine Street Suite 500Lexington, KY 40507

(859) 226-1700

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.74x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Net Margin

52nd percentile

4.9%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Asset Growth

29th percentile

-1.9%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

1.0%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,955,653

Down $38,510 (-1.9%) from 2019

Net Assets

Up

$512,515

Up $168,478 (+49%) from 2019

Liabilities

Down

$1,443,138

Down $206,988 (-13%) from 2019

Revenue

Up

$3,455,918

Up $32,917 (+1.0%) from 2019

Expenses

Up

$3,287,440

Up $219,209 (+7.1%) from 2019

Net Income

Down

$168,478

Down $186,292 (-53%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2015: $1,462,376Liabilities 2015: $1,157,140Net Assets 2015: $305,2362015Assets 2016: $2,163,083Liabilities 2016: $1,954,732Net Assets 2016: $208,3512016Assets 2017: $1,827,852Liabilities 2017: $1,802,083Net Assets 2017: $25,7692017Assets 2018: $1,528,030Liabilities 2018: $1,538,763Net Assets 2018: -$10,7332018Assets 2019: $1,994,163Liabilities 2019: $1,650,126Net Assets 2019: $344,0372019Assets 2020: $1,955,653Liabilities 2020: $1,443,138Net Assets 2020: $512,5152020

Highlighted filing

2020

Assets$1,955,653
Liabilities$1,443,138
Net Assets$512,515

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $2,038,426Expenses 2015: $2,233,785Net Income 2015: -$195,3592015Revenue 2016: $2,871,819Expenses 2016: $2,968,704Net Income 2016: -$96,8852016Revenue 2017: $2,988,654Expenses 2017: $3,171,236Net Income 2017: -$182,5822017Revenue 2018: $2,885,221Expenses 2018: $2,921,723Net Income 2018: -$36,5022018Revenue 2019: $3,423,001Expenses 2019: $3,068,231Net Income 2019: $354,7702019Revenue 2020: $3,455,918Expenses 2020: $3,287,440Net Income 2020: $168,4782020

Highlighted filing

2020

Revenue$3,455,918
Expenses$3,287,440
Net Income$168,478
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jan 11, 2021
Return Version
2019v5.0
Gross Receipts
$4,255,918
Mission and Program Overview

Mission

HEALTH BENEFIT FUND

The provsion of benefits to participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$839,953$1,312,689▲ $472,736
Accounts Receivable$462,303$508,727▲ $46,424
Cash and Non-Interest-Bearing Accounts$683,449$131,324▼ $552,125
Prepaid Expenses and Deferred Charges$8,458$2,913▼ $5,545
Total Assets$1,994,163$1,955,653▼ $38,510
Liabilities
Other Liabilities$1,390,258$1,269,944▼ $120,314
Accounts Payable and Accrued Expenses$259,868$173,194▼ $86,674
Total Liabilities$1,650,126$1,443,138▼ $206,988
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$344,037$512,515▲ $168,478
Total Net Assets Fund Balance$344,037$512,515▲ $168,478
Total Liabilities and Net Assets / Fund Balance$1,994,163$1,955,653▼ $38,510
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Umr Taft-hartley ConsultingAdmin./ppo333 WEST VINE ST 500, Lexington, KY 40507$167,538
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,428,104
Investment Income
$24,426
Other Revenue
$3,388
Change in Net Assets
$168,478

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,455,918
Total Revenue per Audited Statements
$3,455,918
Total Revenue per Form 990
$3,455,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$762,817
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---$2,524,623
Insurance---$519,732
Fees for Services Management---$167,538
Fees for Services Other---$23,587
Fees for Services Accounting---$17,627
Fees for Services Legal---$14,443
Office Expenses---$4,896
All Other Expenses---$1,594
Other Expenses---$1,107
Conferences and Meetings---$72
Total Functional Expenses$0$0$0$3,287,440

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,287,440
Total Expenses per Audited Statements$3,287,440
Total Expenses per Form 990$3,287,440
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
Accumulated Eligibility$1,269,944
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Plumbers & pipefitters l.u. No. 633 plumbers & pipefitters l.u. No. 633 chairman trustee work for same local. Plumbers & pipefitters l.u. No. 633 plumbers & pipefitters l.u. No. 633 chairman trustee work for same local. Plumbers & pipefitters l.u. No. 633 plumbers & pipefitters l.u. No. 633 trustee trustee work for same local.

Form 990, Page 6, Part VI, Line 3

Umr - third party administrator

Form 990, Page 6, Part VI, Line 7A

The union trustees are appointed to the board by the united association of plumbers and pipefitters local union no. 633 while the employer trustees are appointed to the broad by the plumbing, heating, piping and air conditioning contractors of owensboro, kentucky.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by the entire board of trustees. It is then signed and filed.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are reviewed continually and any issues that arise are handled at regular board meetings.

Form 990, Page 6, Part VI, Line 15A

The members of the board of trustees are not compensated in any way. A third party administrator was hired by the board of trustees to manage the fund and was selected, had its qualifications reviewed and compensation determined by competitive comparison by the entire board of trustees.

Form 990, Page 6, Part VI, Line 15B

The members of the board of trustees are not compensated in any way. A third party administrator was hired by the board of trustees to manage the fund and was selected, had its qualifications reviewed and compensation determined by competitive comparison by the entire board of trustees.

Form 990, Page 6, Part VI, Line 19

Available upon request. All communications include reference to documents being available upon request.

Filing and Contact Details

Filer

Filer Name
Plumbers & Pipefitters
EIN
36-4550416
Phone
8592261700
Address
333 WEST VINE STREET SUITE 500, LEXINGTON, KY 40507

Signing Officer

Name
Joseph Chad Mills
Title
Chairman
Phone
2706831587
Signed
2021-01-11

Organization Details

Principal Officer
Joseph Chad Mills
Formed
2004
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Daniels Irwin & Aylor
Address
223 MADISON STREET SUITE 112, MADISON, TN 37115-3660
Preparer
Douglas a Irwin
Phone
6158686008
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustainable upon examination by the irs. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINABLE UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PLUMBERS & PIPEFITTERS L.U. NO. 633 PLUMBERS & PIPEFITTERS L.U. NO. 633 CHAIRMAN TRUSTEE WORK FOR SAME LOCAL. PLUMBERS & PIPEFITTERS L.U. NO. 633 PLUMBERS & PIPEFITTERS L.U. NO. 633 CHAIRMAN TRUSTEE WORK FOR SAME LOCAL. PLUMBERS & PIPEFITTERS L.U. NO. 633 PLUMBERS & PIPEFITTERS L.U. NO. 633 TRUSTEE TRUSTEE WORK FOR SAME LOCAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UMR - THIRD PARTY ADMINISTRATOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE UNION TRUSTEES ARE APPOINTED TO THE BOARD BY THE UNITED ASSOCIATION OF PLUMBERS AND PIPEFITTERS LOCAL UNION NO. 633 WHILE THE EMPLOYER TRUSTEES ARE APPOINTED TO THE BROAD BY THE PLUMBING, HEATING, PIPING AND AIR CONDITIONING CONTRACTORS OF OWENSBORO, KENTUCKY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES. IT IS THEN SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE REVIEWED CONTINUALLY AND ANY ISSUES THAT ARISE ARE HANDLED AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MEMBERS OF THE BOARD OF TRUSTEES ARE NOT COMPENSATED IN ANY WAY. A THIRD PARTY ADMINISTRATOR WAS HIRED BY THE BOARD OF TRUSTEES TO MANAGE THE FUND AND WAS SELECTED, HAD ITS QUALIFICATIONS REVIEWED AND COMPENSATION DETERMINED BY COMPETITIVE COMPARISON BY THE ENTIRE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE MEMBERS OF THE BOARD OF TRUSTEES ARE NOT COMPENSATED IN ANY WAY. A THIRD PARTY ADMINISTRATOR WAS HIRED BY THE BOARD OF TRUSTEES TO MANAGE THE FUND AND WAS SELECTED, HAD ITS QUALIFICATIONS REVIEWED AND COMPENSATION DETERMINED BY COMPETITIVE COMPARISON BY THE ENTIRE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST. ALL COMMUNICATIONS INCLUDE REFERENCE TO DOCUMENTS BEING AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH CHAD MILLS
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ReturnHeader/BusinessOfficerGrp/PhoneNum02706831587
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLUMBERS & PIPEFITTERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LOCAL NO 633 HEALTH & WELFARE
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ReturnHeader/Filer/EIN0364550416
ReturnHeader/Filer/PhoneNum08592261700

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