Civic Intelligence

Local 309 Vacation Trust Fund

EIN 37-0799627 • 501(c)9 • Collinsville, IL

Profile

Provide and administer vacation benefits for eligible union members.

2000A Mall Street Ste ACollinsville, IL 62234

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2025

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Up

$3,116,879

Up $880,668 (+39%) from 2023

Liabilities

Up

$23,384

Up $11,479 (+96%) from 2023

Net Assets

Up

$3,093,495

Up $869,189 (+39%) from 2023

Revenue

Up

$2,698,008

Up $669,936 (+33%) from 2023

Expenses

Up

$2,387,247

Up $546,058 (+30%) from 2023

Net Income

Up

$310,761

Up $123,878 (+66%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,068,545Liabilities 2011: $36,318Net Assets 2011: $2,032,2272011Assets 2012: $1,967,984Liabilities 2012: $33,599Net Assets 2012: $1,934,3852012Assets 2013: $2,060,020Liabilities 2013: $64,669Net Assets 2013: $1,995,3512013Assets 2014: $1,719,363Liabilities 2014: $28,321Net Assets 2014: $1,691,0422014Assets 2015: $1,903,762Liabilities 2015: $21,428Net Assets 2015: $1,882,3342015Assets 2016: $2,229,581Liabilities 2016: $26,985Net Assets 2016: $2,202,5962016Assets 2017: $1,904,380Liabilities 2017: $29,277Net Assets 2017: $1,875,1032017Assets 2018: $2,070,406Liabilities 2018: $42,867Net Assets 2018: $2,027,5392018Assets 2019: $1,996,403Liabilities 2019: $51,465Net Assets 2019: $1,944,9382019Assets 2020: $2,099,590Liabilities 2020: $61,901Net Assets 2020: $2,037,6892020Assets 2021: $1,934,344Liabilities 2021: $76,017Net Assets 2021: $1,858,3272021Assets 2022: $2,032,340Liabilities 2022: $90Net Assets 2022: $2,032,2502022Assets 2023: $2,236,211Liabilities 2023: $11,905Net Assets 2023: $2,224,3062023Assets 2025: $3,116,879Liabilities 2025: $23,384Net Assets 2025: $3,093,4952025

Highlighted filing

2025

Assets$3,116,879
Liabilities$23,384
Net Assets$3,093,495

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $3,332,5272011Expenses 2012: $1,816,6332012Expenses 2013: $1,733,4192013Revenue 2014: $1,530,202Expenses 2014: $1,834,511Net Income 2014: -$304,3092014Revenue 2015: $1,725,226Expenses 2015: $1,533,934Net Income 2015: $191,2922015Revenue 2016: $2,018,715Expenses 2016: $1,698,453Net Income 2016: $320,2622016Revenue 2017: $1,674,016Expenses 2017: $2,001,509Net Income 2017: -$327,4932017Revenue 2018: $1,819,011Expenses 2018: $1,666,575Net Income 2018: $152,4362018Revenue 2019: $1,808,084Expenses 2019: $1,890,685Net Income 2019: -$82,6012019Revenue 2020: $1,884,821Expenses 2020: $1,792,070Net Income 2020: $92,7512020Revenue 2021: $1,696,217Expenses 2021: $1,875,579Net Income 2021: -$179,3622021Revenue 2022: $1,824,740Expenses 2022: $1,650,817Net Income 2022: $173,9232022Revenue 2023: $2,028,072Expenses 2023: $1,841,189Net Income 2023: $186,8832023Revenue 2025: $2,698,008Expenses 2025: $2,387,247Net Income 2025: $310,7612025

Highlighted filing

2025

Revenue$2,698,008
Expenses$2,387,247
Net Income$310,761

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.02$3.09$2.70$2.39$0.31
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.01$2.22$2.03$1.84$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.00$2.03$1.82$1.65$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.08$1.86$1.70$1.88$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.06$2.04$1.88$1.79$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.05$1.94$1.81$1.89$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.04$2.03$1.82$1.67$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.03$1.88$1.67$2.00$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.23$0.03$2.20$2.02$1.70$0.32
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.02$1.88$1.73$1.53$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.03$1.69$1.53$1.83$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.06$2.00$1.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.03$1.93$1.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.04$2.03$3.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 1, 2024 to Jan 31, 2025
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$4,526,011
Mission and Program Overview

Mission

Provide and administer vacation benefits for eligible union members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,773,487$3,093,495▲ $320,008
Investments in Publicly Traded Securities$1,711,734$2,064,438▲ $352,704
Savings and Temporary Cash Investments$886,033$807,356▼ $78,677
Accounts Receivable$193,269$220,528▲ $27,259
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,803,666$3,116,879▲ $313,213
Other Assets Total$12,630$24,557▲ $11,927
Liabilities
Other Liabilities$12,792$23,249▲ $10,457
Accounts Payable and Accrued Expenses$17,387$135▼ $17,252
Total Liabilities$30,179$23,384▼ $6,795
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,773,487$3,093,495▲ $320,008
Total Liabilities and Net Assets / Fund Balance$2,803,666$3,116,879▲ $313,213
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,572,785
Investment Income
$117,100
Other Revenue
$8,123
Change in Net Assets
$310,761

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,692,385
Revenue Not Reported on Financial Statements
$5,623
Revenue Not Reported on Form 990
$9,247
Total Revenue per Audited Statements
$2,701,632
Total Revenue per Form 990
$2,698,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,154
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---$2,342,093
Other Expenses---$23,249
Fees for Services Accounting---$11,600
Fees for Service Investment Mgmnt Fees---$5,623
Fees for Services Legal---$2,573
Office Expenses---$2,109
Total Functional Expenses$0$0$0$2,387,247

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,387,247
Expenses per Audited Statements$2,381,624
Total Expenses per Audited Statements$2,381,624
Expenses Not Reported on Financial Statements$5,623
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 Party$23,249
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 plan is governed by a joint board consisting of six trustees. Three trustees are appointed by ibew local 309 and three trustees are appointed by the contributing employers.

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

The form 990 is prepared by the independent accountants and presented to the administrator and trustees for review prior to filing. If any trustee has comments or questions, they are presented directly to the administrator and resolved prior to filing.

Form 990, Part VI, Section B, Line 12C

Trustees are provided with a copy of the conflict of interest policy and are required to disclose any actual or perceived conflicts each year. Any conflicts are managed as necessary by the trustees.

Form 990, Part VI, Section C, Line 19

All governing documents and financial statements are available for public inspection by qualified interested parties upon request.

Filing and Contact Details

Filer

Filer Name
Local 309 Vacation Trust Fund
EIN
37-0799627
Phone
6183442002
Address
2000A MALL STREET STE A, COLLINSVILLE, IL 62234

Signing Officer

Name
Matthew Eichholz
Title
Trustee
Phone
6183442002
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Eichholz
Formed
1964
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Scheffel Boyle
Address
143 N KANSAS ST, EDWARDSVILLE, IL 62025-1770
Preparer
Michael Brokering CPA
Phone
6186561206
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of trustees assumes the responsibility for the selection, oversight and retention of the independent auditng firm.

Financial Statement Notes

PART X, LINE 2:

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 if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML AppendixShowing 400 of 772 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PLAN IS GOVERNED BY A JOINT BOARD CONSISTING OF SIX TRUSTEES. THREE TRUSTEES ARE APPOINTED BY IBEW LOCAL 309 AND THREE TRUSTEES ARE APPOINTED BY THE CONTRIBUTING EMPLOYERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANTS AND PRESENTED TO THE ADMINISTRATOR AND TRUSTEES FOR REVIEW PRIOR TO FILING. IF ANY TRUSTEE HAS COMMENTS OR QUESTIONS, THEY ARE PRESENTED DIRECTLY TO THE ADMINISTRATOR AND RESOLVED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS EACH YEAR. ANY CONFLICTS ARE MANAGED AS NECESSARY BY THE TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION BY QUALIFIED INTERESTED PARTIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR THE SELECTION, OVERSIGHT AND RETENTION OF THE INDEPENDENT AUDITNG FIRM.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
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