Civic Intelligence

Trust Fund for Education Technical Engineering Division Local 130 Ua

990 • Fiscal year 2022 • EIN 36-7004811

Jun 01, 2021 to May 31, 2022 • Filed on Feb 14, 2023

1340 West Washington BoulevardChicago, IL 60607

(312) 226-5000

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.06x

Higher debt load relative to revenue than 68% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

29th percentile

-4.4%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

5.2%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,021,875

Down $46,752 (-4.4%) from 2021

Net Assets

Down

$993,880

Down $18,968 (-1.9%) from 2021

Liabilities

Down

$27,995

Down $27,784 (-50%) from 2021

Revenue

Up

$462,834

Up $22,889 (+5.2%) from 2021

Expenses

Up

$397,677

Up $3,917 (+1.0%) from 2021

Net Income

Up

$65,157

Up $18,972 (+41%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $288,694Liabilities 2010: $34,261Net Assets 2010: $254,4332010Assets 2011: $277,369Liabilities 2011: $44,288Net Assets 2011: $233,0812011Assets 2012: $261,571Liabilities 2012: $31,464Net Assets 2012: $230,1072012Assets 2013: $279,441Liabilities 2013: $29,268Net Assets 2013: $250,1732013Assets 2015: $380,181Liabilities 2015: $16,483Net Assets 2015: $363,6982015Assets 2016: $457,141Liabilities 2016: $57,881Net Assets 2016: $399,2602016Assets 2018: $679,647Liabilities 2018: $64,563Net Assets 2018: $615,0842018Assets 2019: $831,228Liabilities 2019: $48,982Net Assets 2019: $782,2462019Assets 2021: $1,068,627Liabilities 2021: $55,779Net Assets 2021: $1,012,8482021Assets 2022: $1,021,875Liabilities 2022: $27,995Net Assets 2022: $993,8802022

Highlighted filing

2022

Assets$1,021,875
Liabilities$27,995
Net Assets$993,880

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $81,631Expenses 2010: $69,019Net Income 2010: $12,6122010Revenue 2011: $39,675Expenses 2011: $61,027Net Income 2011: -$21,3522011Revenue 2012: $56,911Expenses 2012: $59,885Net Income 2012: -$2,9742012Revenue 2013: $57,951Expenses 2013: $37,885Net Income 2013: $20,0662013Revenue 2015: $91,683Expenses 2015: $22,946Net Income 2015: $68,7372015Revenue 2016: $145,221Expenses 2016: $108,718Net Income 2016: $36,5032016Revenue 2018: $351,475Expenses 2018: $232,668Net Income 2018: $118,8072018Revenue 2019: $425,642Expenses 2019: $275,568Net Income 2019: $150,0742019Revenue 2021: $439,945Expenses 2021: $393,760Net Income 2021: $46,1852021Revenue 2022: $462,834Expenses 2022: $397,677Net Income 2022: $65,1572022

Highlighted filing

2022

Revenue$462,834
Expenses$397,677
Net Income$65,157
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Feb 14, 2023
Return Version
2021v4.2
Gross Receipts
$535,287
Mission and Program Overview

Mission

The purpose of the organization is to defray the cost of the Apprentice and Journeyman Training Programs which is to provide proper education and training for Apprentices and continuing education for Technical Engineers to assist them in carrying out their duties and to remain current in developments in the trade.

Apprentice and journeymen training

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,012,848$993,880▼ $18,968
Investments in Publicly Traded Securities$861,862$834,799▼ $27,063
Cash and Non-Interest-Bearing Accounts$100,784$103,647▲ $2,863
Accounts Receivable$35,410$38,278▲ $2,868
Land, Buildings, and Equipment, Net$63,063$35,491▼ $27,572
Savings and Temporary Cash Investments$4,976$4,929▼ $47
Prepaid Expenses and Deferred Charges$2,532$80▼ $2,452
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,068,627$1,021,875▼ $46,752
Other Assets Total$0$4,651▲ $4,651
Liabilities
Other Liabilities$44,403$24,248▼ $20,155
Accounts Payable and Accrued Expenses$11,376$3,747▼ $7,629
Total Liabilities$55,779$27,995▼ $27,784
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,012,848$993,880▼ $18,968
Total Liabilities and Net Assets / Fund Balance$1,068,627$1,021,875▼ $46,752

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,491$82,676$118,167
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$431,456
Investment Income
$31,066
Other Revenue
$312
Change in Net Assets
$65,157

Audited Revenue Reconciliation

Revenue per Audited Statements
$462,834
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-84,125
Total Revenue per Audited Statements
$378,709
Total Revenue per Form 990
$462,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,722
Other Expenses$139,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$214,014
Depreciation Depletion---$30,158
Other Salaries and Wages---$17,112
Occupancy---$16,966
Payroll Taxes---$13,054
Conferences and Meetings---$8,784
Pension Plan Contributions---$7,534
Information Technology---$6,993
Fees for Services Accounting---$6,700
Other Employee Benefits---$6,008
Office Expenses---$5,926
Fees for Services Legal---$5,795
Advertising---$5,597
Insurance---$3,351
Other Expenses---$2,047
Fees for Service Investment Mgmnt Fees---$1,299
All Other Expenses---$1,223
Fees for Services Other---$1,046
Total Functional Expenses$0$0$0$397,677

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$397,677
Total Expenses per Audited Statements$397,677
Total Expenses per Form 990$397,677
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organizations$24,248
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 8B

No committees exist that possess the authority to act on behalf of the governing body.

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

The form 990 is provided to the co-chairmen and fund administrator for review and approval prior to its filing.

Form 990, Part VI, Section C, Line 19

The fund makes its governing documents and financial statements available upon request.

Part VII, Section A, Column D and E

Paul tran serves as a trustee and a full-time instructor for the fund. Accordingly, he is compensated for his time spent on instruction to the apprentices, however, his compensation is paid by an affiliated entity that does not meet the definition of related for schedule r, part ii. The filing organization reimburses the affiliated entity for the entirety of the compensation to paul. As a result, his compensation including salaries and fringe benefits is reported as officer compensation on part ix, line 5, but is not identified on part vii column d, e, or f. Furthermore, because paul is not compensated by the filing organization or a related organization as defined by schedule r, he is identified as independent on part vi, section a, line 1b. A similar arrangement also pertains to the fund administrator.

Filing and Contact Details

Filer

Filer Name
Trust Fund for Education Technical
EIN
36-7004811
Phone
3122265000
Address
1340 WEST WASHINGTON BOULEVARD, CHICAGO, IL 60607

Signing Officer

Name
James F Coyne
Title
Co-chairman
Phone
3122265000
Signed
2023-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James F Coyne
Formed
1992
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
4 WESTBROOK CORPORATE CTR STE 700, WESTCHESTER, IL 60154
Preparer
Brandon Wolber
Phone
3123680500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

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

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PayrollTaxesGrp/TotalAmt013054
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt07534
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02532
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080
IRS990/PrincipalOfficerNm0JAMES F COYNE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACTOR CONTRIBUTIO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0431456
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0431456
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt022031
IRS990/PYOtherExpensesAmt0152555
IRS990/PYOtherRevenueAmt03070
IRS990/PYProgramServiceRevenueAmt0414844
IRS990/PYRevenuesLessExpensesAmt046185
IRS990/PYSalariesCompEmpBnftPaidAmt0241205
IRS990/PYTotalExpensesAmt0393760
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0439945
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt065157
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01012848
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0993880
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04976
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04929
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt035491
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082676
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118167
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0397677
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-84125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATIONS
IRS990ScheduleD/RevenueNotReportedAmt0-84125
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0462834
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FUND TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. 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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035491
IRS990ScheduleD/TotalExpensesPerForm990Amt0397677
IRS990ScheduleD/TotalLiabilityAmt024248
IRS990ScheduleD/TotalRevenuePerForm990Amt0462834
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0378709
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0397677
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEES EXIST THAT POSSESS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE CO-CHAIRMEN AND FUND ADMINISTRATOR FOR REVIEW AND APPROVAL PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAUL TRAN SERVES AS A TRUSTEE AND A FULL-TIME INSTRUCTOR FOR THE FUND. ACCORDINGLY, HE IS COMPENSATED FOR HIS TIME SPENT ON INSTRUCTION TO THE APPRENTICES, HOWEVER, HIS COMPENSATION IS PAID BY AN AFFILIATED ENTITY THAT DOES NOT MEET THE DEFINITION OF RELATED FOR SCHEDULE R, PART II. THE FILING ORGANIZATION REIMBURSES THE AFFILIATED ENTITY FOR THE ENTIRETY OF THE COMPENSATION TO PAUL. AS A RESULT, HIS COMPENSATION INCLUDING SALARIES AND FRINGE BENEFITS IS REPORTED AS OFFICER COMPENSATION ON PART IX, LINE 5, BUT IS NOT IDENTIFIED ON PART VII COLUMN D, E, OR F. FURTHERMORE, BECAUSE PAUL IS NOT COMPENSATED BY THE FILING ORGANIZATION OR A RELATED ORGANIZATION AS DEFINED BY SCHEDULE R, HE IS IDENTIFIED AS INDEPENDENT ON PART VI, SECTION A, LINE 1B. A SIMILAR ARRANGEMENT ALSO PERTAINS TO THE FUND ADMINISTRATOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VII, SECTION A, COLUMN D AND E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NOT APPLICABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PENSION FUND-TECHNICAL ENGINEERING DIVISION LOCAL 130 UA -
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0366493093
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES PENSION BENEFITS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0NOT APPLICABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01340 W WASHINGTON BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060607
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01068627
IRS990/TotalAssetsEOYAmt01021875
IRS990/TotalAssetsGrp/BOYAmt01068627
IRS990/TotalAssetsGrp/EOYAmt01021875
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0397677
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055779
IRS990/TotalLiabilitiesEOYAmt027995
IRS990/TotalLiabilitiesGrp/BOYAmt055779
IRS990/TotalLiabilitiesGrp/EOYAmt027995
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01012848
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0993880
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0431456
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt031378
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0431456
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0462834
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01068627
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01021875
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01340 WEST WASHINGTON BOULEVARD
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060607
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.PLUMBERSLU130UA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03

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