Civic Intelligence

Jac Local 149 Apprentice and Journeymen Plumbers

990 • Fiscal year 2023 • EIN 37-0803088

Jul 01, 2022 to Jun 30, 2023 • Filed on Mar 19, 2024

PO Box 725Savoy, IL 61874

(217) 359-3446

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.42x

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

2023 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

2.22x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2023

Net Margin

45th percentile

6.6%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$177,315

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 17.9% of source-year revenue.

2023 filings • 501(c)5 • $5M-$10M nonprofits • Source year 2023

Asset Growth

99th percentile

77%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-40%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)5 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,223,062

Up $2,265,219 (+77%) from 2022

Net Assets

Up

$3,026,064

Up $78,446 (+2.7%) from 2022

Liabilities

Up

$2,196,998

Up $2,186,773 (+21387%) from 2022

Revenue

Down

$989,829

Down $649,270 (-40%) from 2022

Expenses

Up

$924,456

Up $141,268 (+18%) from 2022

Net Income

Down

$65,373

Down $790,538 (-92%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $482,243Liabilities 2012: $10,141Net Assets 2012: $472,1022012Assets 2013: $525,016Liabilities 2013: $11,758Net Assets 2013: $513,2582013Assets 2014: $463,315Liabilities 2014: $8,976Net Assets 2014: $454,3392014Assets 2015: $667,097Liabilities 2015: $6,881Net Assets 2015: $660,2162015Assets 2016: $653,765Liabilities 2016: $7,765Net Assets 2016: $646,0002016Assets 2017: $913,306Liabilities 2017: $6,486Net Assets 2017: $906,8202017Assets 2019: $1,434,890Liabilities 2019: $5,294Net Assets 2019: $1,429,5962019Assets 2020: $1,781,634Liabilities 2020: $8,069Net Assets 2020: $1,773,5652020Assets 2021: $2,169,100Liabilities 2021: $69,915Net Assets 2021: $2,099,1852021Assets 2022: $2,957,843Liabilities 2022: $10,225Net Assets 2022: $2,947,6182022Assets 2023: $5,223,062Liabilities 2023: $2,196,998Net Assets 2023: $3,026,0642023Assets 2024: $5,733,865Liabilities 2024: $2,407,469Net Assets 2024: $3,326,3962024Assets 2025: $5,622,693Liabilities 2025: $2,233,126Net Assets 2025: $3,389,5672025

Highlighted filing

2023

Assets$5,223,062
Liabilities$2,196,998
Net Assets$3,026,064

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $417,6622012Expenses 2013: $468,8402013Revenue 2014: $404,819Expenses 2014: $463,738Net Income 2014: -$58,9192014Revenue 2015: $673,287Expenses 2015: $467,410Net Income 2015: $205,8772015Revenue 2016: $485,116Expenses 2016: $499,332Net Income 2016: -$14,2162016Revenue 2017: $804,499Expenses 2017: $543,679Net Income 2017: $260,8202017Revenue 2019: $852,541Expenses 2019: $548,448Net Income 2019: $304,0932019Revenue 2020: $955,562Expenses 2020: $614,087Net Income 2020: $341,4752020Revenue 2021: $1,037,309Expenses 2021: $718,732Net Income 2021: $318,5772021Revenue 2022: $1,639,099Expenses 2022: $783,188Net Income 2022: $855,9112022Revenue 2023: $989,829Expenses 2023: $924,456Net Income 2023: $65,3732023Revenue 2024: $1,471,728Expenses 2024: $1,188,062Net Income 2024: $283,6662024Revenue 2025: $1,401,162Expenses 2025: $1,350,088Net Income 2025: $51,0742025

Highlighted filing

2023

Revenue$989,829
Expenses$924,456
Net Income$65,373
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Mar 19, 2024
Return Version
2022v5.0
Gross Receipts
$989,829
Mission and Program Overview

Mission

Provide training and education to apprentices and journeymen members of the plumbers and pipefitters local 149.

Provide training and education to apprentices and journeymen.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$797,026$3,676,371▲ $2,879,345
Investments in Publicly Traded Securities$1,383,047$1,018,924▼ $364,123
Savings and Temporary Cash Investments$573,756$347,140▼ $226,616
Cash and Non-Interest-Bearing Accounts$204,014$180,627▼ $23,387
Total Assets$2,957,843$5,223,062▲ $2,265,219
Liabilities
Mortgage Notes Payable Secured by Investment Property-$2,188,048-
Other Liabilities$10,225$8,950▼ $1,275
Total Liabilities$10,225$2,196,998▲ $2,186,773
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,947,618$3,026,064▲ $78,446
Total Net Assets Fund Balance$2,947,618$3,026,064▲ $78,446
Total Liabilities and Net Assets / Fund Balance$2,957,843$5,223,062▲ $2,265,219

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,637,355$7,864$3,645,219
Equipment$39,016$79,172$118,188
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek ReedyTraining DirectorFT$134,979$42,336$177,315
Benjamin BangertTrustee-$3,646-$3,646
Matthew KellyPresident-$699-$699

Board Members and Trustees

NameTitle
Brad HoukTrustee
John MatthewsTrustee
Kevin SageTrustee
Chad GrahamSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$27,000
Program Service Revenue
$928,232
Investment Income
$6,482
Other Revenue
$28,115
All Other Contributions
$27,000
Change in Net Assets
$65,373

Audited Revenue Reconciliation

Revenue per Audited Statements
$989,829
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$13,073
Total Revenue per Audited Statements
$1,002,902
Total Revenue per Form 990
$989,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$506,074
Other Expenses$418,382
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$248,629
Current Officers, Directors, Trustees, and Key Employees---$143,895
Pension Plan Contributions---$51,133
Interest---$43,332
Insurance---$42,143
Payroll Taxes---$33,489
Other Employee Benefits---$28,928
Depreciation Depletion---$23,390
Conferences and Meetings---$16,491
Fees for Services Accounting---$14,699
Office Expenses---$9,814
Fees for Services Lobbying---$9,017
Travel---$5,716
Fees for Services Other---$5,530
All Other Expenses---$4,464
Other Expenses---$3,427
Occupancy---$2,358
Total Functional Expenses$0$0$0$924,456

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$924,456
Total Expenses per Audited Statements$924,456
Total Expenses per Form 990$924,456
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
Payroll Liabilities$8,950
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There is no committee that is authorized to act on behalf of the board.

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

Form 990 is provided to the board of trustees for approval before filing the form.

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

The board of trustees and the training coordinator are required to complete and sign the conflict of interest policy. They are further required to report potential conflicts of interest as the situations arise throughout the year.

Form 990, Part VI, Section B, Line 15

The board of trustees sets and approves the compensation of the training coordinator annually through the budget process. The compensation is determined based on the general foreman wages as documented in the collective bargaining agreement.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, the conflict of interest policy, and financial statements available to the public upon request to the training coordinator.

Filing and Contact Details

Filer

Filer Name
Jac Local 149
EIN
37-0803088
Phone
2173593446
Address
PO BOX 725, SAVOY, IL 61874

Signing Officer

Name
Matthew Kelly
Title
President
Phone
2173593446
Signed
2024-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Kelly
Formed
1899
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
43
Volunteers
6

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
3200 ROBBINS ROAD STE 200A, SPRINGFIELD, IL 62704
Preparer
Josh C Clark
Phone
2177890960
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

This process has not changed during the tax year.

Financial Statement Notes

PART X, LINE 2:

The trust is a tax-exempt organization under section 501(c)(5) of the internal revenue code and, as such, is exempt from federal income taxes under section 501(a) of the code. The trust has recognized in the financial statements the effects of all tax positions and continually evaluates expiring statutes of limitations, audits, changes in tax law, and new authoritative rulings. The association is not aware of any circumstances or events that make it reasonably possible that unrecognized tax benefits may increase or decrease within 12 months of the statement of assets, liabilities and net assets date. Penalties and interest assessed by taxing authorities are included in the provision for income taxes, if applicable. There were no interest or penalties paid during 2023 or 2022.

Raw XML Appendix388 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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IRS990ScheduleD/ExpensesSubtotalAmt0924456
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt013073
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt013073
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0989829
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE AND, AS SUCH, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. THE TRUST HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ASSOCIATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE STATEMENT OF ASSETS, LIABILITIES AND NET ASSETS DATE. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN THE PROVISION FOR INCOME TAXES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING 2023 OR 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0924456
IRS990ScheduleD/TotalLiabilityAmt08950
IRS990ScheduleD/TotalRevenuePerForm990Amt0989829
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01002902
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0924456
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0134979
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt027704
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEREK REEDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRAINING DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0177315
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO COMMITTEE THAT IS AUTHORIZED TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR APPROVAL BEFORE FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES AND THE TRAINING COORDINATOR ARE REQUIRED TO COMPLETE AND SIGN THE CONFLICT OF INTEREST POLICY. THEY ARE FURTHER REQUIRED TO REPORT POTENTIAL CONFLICTS OF INTEREST AS THE SITUATIONS ARISE THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES SETS AND APPROVES THE COMPENSATION OF THE TRAINING COORDINATOR ANNUALLY THROUGH THE BUDGET PROCESS. THE COMPENSATION IS DETERMINED BASED ON THE GENERAL FOREMAN WAGES AS DOCUMENTED IN THE COLLECTIVE BARGAINING AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE TRAINING COORDINATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS HAS NOT CHANGED DURING THE TAX YEAR.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt02957843
IRS990/TotalAssetsGrp/EOYAmt05223062
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt027000
IRS990/TotalEmployeeCnt043
IRS990/TotalFunctionalExpensesGrp/TotalAmt0924456
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt02196998
IRS990/TotalLiabilitiesGrp/BOYAmt010225
IRS990/TotalLiabilitiesGrp/EOYAmt02196998
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02947618
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03026064
IRS990/TotalOtherCompensationAmt042336
IRS990/TotalProgramServiceRevenueAmt0928232
IRS990/TotalReportableCompFromOrgAmt0139324
IRS990/TotalRevenueGrp/ExclusionAmt06482
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0956347
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0989829
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02957843
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05223062
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05716
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 725
IRS990/USAddress/CityNm0SAVOY
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IRS990/USAddress/ZIPCd061874
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW KELLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02173593446
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JAC LOCAL 149
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0APPRENTICE AND JOURNEYMEN PLUMBERS
ReturnHeader/Filer/BusinessNameControlTxt0JACL
ReturnHeader/Filer/EIN0370803088
ReturnHeader/Filer/PhoneNum02173593446
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 725
ReturnHeader/Filer/USAddress/CityNm0SAVOY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061874
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430352985
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KERBER ECK & BRAECKEL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03200 ROBBINS ROAD STE 200A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062704
ReturnHeader/PreparerPersonGrp/PhoneNum02177890960
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSH C CLARK
ReturnHeader/ReturnTs02024-03-19T14:17:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATTHEW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KELLY
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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