Civic Intelligence

Upper Peninsula Plumbers and Pipefitters Educational Fund

990 • Fiscal year 2015 • EIN 38-6102222

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 30, 2015

6525 Centurion DriveLansing, MI 48917

(517) 321-7502

Siviq Scores

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

Liabilities / Assets

85th percentile

0.08x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

0.10x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Net Margin

6th percentile

-34%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$113,853

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 39.0% of source-year revenue.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-22%

Faster asset growth than 10% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-33%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$387,030

Down $107,123 (-22%) from 2014

Net Assets

Down

$356,824

Down $98,628 (-22%) from 2014

Liabilities

Down

$30,206

Down $8,495 (-22%) from 2014

Revenue

Down

$291,590

Down $146,668 (-33%) from 2014

Expenses

Up

$390,218

Up $76,967 (+25%) from 2014

Net Income

Down

-$98,628

Down $223,635 (-179%) from 2014

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 2011: $293,947Liabilities 2011: $24,403Net Assets 2011: $269,5442011Assets 2012: $348,533Liabilities 2012: $23,418Net Assets 2012: $325,1152012Assets 2013: $354,587Liabilities 2013: $24,142Net Assets 2013: $330,4452013Assets 2014: $494,153Liabilities 2014: $38,701Net Assets 2014: $455,4522014Assets 2015: $387,030Liabilities 2015: $30,206Net Assets 2015: $356,8242015Assets 2016: $275,874Liabilities 2016: $24,513Net Assets 2016: $251,3612016Assets 2017: $375,048Liabilities 2017: $30,182Net Assets 2017: $344,8662017Assets 2018: $622,289Liabilities 2018: $42,404Net Assets 2018: $579,8852018Assets 2019: $761,061Liabilities 2019: $32,676Net Assets 2019: $728,3852019Assets 2020: $762,964Liabilities 2020: $15,406Net Assets 2020: $747,5582020Assets 2021: $837,563Liabilities 2021: $69,214Net Assets 2021: $768,3492021Assets 2022: $872,144Liabilities 2022: $20,486Net Assets 2022: $851,6582022Assets 2023: $1,092,164Liabilities 2023: $28,983Net Assets 2023: $1,063,1812023

Highlighted filing

2015

Assets$387,030
Liabilities$30,206
Net Assets$356,824

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $174,9192011Expenses 2012: $218,2142012Revenue 2013: $231,477Expenses 2013: $226,147Net Income 2013: $5,3302013Revenue 2014: $438,258Expenses 2014: $313,251Net Income 2014: $125,0072014Revenue 2015: $291,590Expenses 2015: $390,218Net Income 2015: -$98,6282015Revenue 2016: $264,781Expenses 2016: $370,244Net Income 2016: -$105,4632016Revenue 2017: $436,813Expenses 2017: $343,308Net Income 2017: $93,5052017Revenue 2018: $634,014Expenses 2018: $398,995Net Income 2018: $235,0192018Revenue 2019: $585,927Expenses 2019: $437,427Net Income 2019: $148,5002019Revenue 2020: $382,145Expenses 2020: $362,972Net Income 2020: $19,1732020Revenue 2021: $382,523Expenses 2021: $361,732Net Income 2021: $20,7912021Revenue 2022: $488,065Expenses 2022: $404,756Net Income 2022: $83,3092022Revenue 2023: $678,678Expenses 2023: $467,155Net Income 2023: $211,5232023

Highlighted filing

2015

Revenue$291,590
Expenses$390,218
Net Income-$98,628
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 30, 2015
Return Version
2014v6.0
Gross Receipts
$291,590
Mission and Program Overview

Mission

Defray training costs for apprentices

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$455,452$356,824▼ $98,628
Savings and Temporary Cash Investments$250,164$200,079▼ $50,085
Land, Buildings, and Equipment, Net$118,431$117,840▼ $591
Cash and Non-Interest-Bearing Accounts$78,648$35,345▼ $43,303
Accounts Receivable$46,493$32,836▼ $13,657
Prepaid Expenses and Deferred Charges$417$930▲ $513
Total Assets$494,153$387,030▼ $107,123
Liabilities
Accounts Payable and Accrued Expenses$38,701$30,206▼ $8,495
Total Liabilities$38,701$30,206▼ $8,495
Net Assets / Fund Balance
Total Net Assets Fund Balance$455,452$356,824▼ $98,628
Total Liabilities and Net Assets / Fund Balance$494,153$387,030▼ $107,123

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$117,840$116,960$234,800
Compensation and Service Providers

Employees

NameTitleOtherTotal
Mike HaresSecretary$113,853$113,853
John AsplundTrustee$112,209$112,209
Dean GutzmanTrustee$111,795$111,795

Board Members and Trustees

NameTitle
Brad PetersonChairman
Dan MelendyTrustee
George CavadeasTrustee
Gregory SudderthTrustee
James MonsonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$282,788
Investment Income
$679
Other Revenue
$8,123
Change in Net Assets
$-98,628

Audited Revenue Reconciliation

Revenue per Audited Statements
$291,590
Total Revenue per Audited Statements
$291,590
Total Revenue per Form 990
$291,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$210,560
Salaries, Compensation, and Employee Benefits$179,658
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$95,116
Other Employee Benefits---$74,865
Payments to Affiliates---$37,976
Occupancy---$31,200
Depreciation Depletion---$27,446
Fees for Services Legal---$26,816
Payroll Taxes---$9,677
Other Expenses---$4,365
All Other Expenses---$3,953
Insurance---$3,532
Fees for Services Management---$2,968
Fees for Services Accounting---$2,725
Office Expenses---$645
Conferences and Meetings---$390
Total Functional Expenses$0$0$0$390,218

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$390,218
Total Expenses per Audited Statements$390,218
Total Expenses per Form 990$390,218
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
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

Line 2 - family relationship or business relationship - the relationship between the trustees of the fund is a 'business relationship.' the fund is established and maintained pursuant to the employee retirement income security act of 1974, as amended. The fund, as a taft-hartly fund, is administered by a board of trustees which is composed of an equal number of union and employer representatives. Because of this organizational requirement, there is a business relationship between the trustees. Line 12 - annually, each trustee must answer the fiduciary liability insurance renewal questionare, which contains questions regarding potential and actual conflicts of interest. Line 15 - the fund did not have a ceo, executive director, or top management official, or other officers or key employees, as those terms are defined.

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

The form 990 is presented and approved at a meeting of the board of trustees, subject to review by and approval of the fund's legal counsel. In addition, each trustee is provided a copy of the fund's final form 990 (including required schedules), as ultimately filed with the irs, prior to its filing with the irs.

Form 990, Page 6, Part VI, Line 19

The fund is established and maintained pursuant to the employee retirement security act of 1974, as amended. It operates in compliance with the reporting and disclosure requirements of subtitle b, part 1 erisa with respect to disclosure of its governing documents and financial information. It operates in compliance with fiduciary responsibility requirements of subtitle b, part 4 of erisa.

Form 990, Part VII

Line 1a -the trustees of the fund serve without compensation from the fund, but are compensated as employees of the entities that might be a "sponsoring organization of a veba- or " contributing employer of a veba-; however, none of those entities contributed 10% or more of the contributions to the fund during the tax year.

Filing and Contact Details

Filer

Filer Name
Upper Peninsula Plumbers &
EIN
38-6102222
Phone
5173217502
Address
6525 CENTURION DRIVE, LANSING, MI 48917

Signing Officer

Name
Brad Peterson Mike Hares
Title
Chairman / Secretary
Phone
5173217502
Signed
2015-11-30

Organization Details

Principal Officer
Same as Above
Formed
1967
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
1
Employees
5

Preparer

Firm
Benda Grace Stulz & Company Pc
Address
38800 VAN DYKE AVE STE 100, STERLING HEIGHTS, MI 48312
Preparer
Bryan Stulz
Phone
5868836240
Supplemental Narrative

Additional Explanations

Form 990

Part iv, line 34 - the fund is a multiemployer fund as defined by the employee retirement income security act of 1974, as amended, with many entities that might be a "sponsoring organization of a veba- or "contributing employer of a veba-; however, none of those entities contributed 10% or more of the contributions to the fund during the tax year.

Form 990, Page 2, Part III, Line 4D

Raining was provided to approximately 100 apprentices and journeyman

Raw XML Appendix317 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/ExplanationTxt0PART IV, LINE 34 - THE FUND IS A MULTIEMPLOYER FUND AS DEFINED BY THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, WITH MANY ENTITIES THAT MIGHT BE A "SPONSORING ORGANIZATION OF A VEBA- OR "CONTRIBUTING EMPLOYER OF A VEBA-; HOWEVER, NONE OF THOSE ENTITIES CONTRIBUTED 10% OR MORE OF THE CONTRIBUTIONS TO THE FUND DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RAINING WAS PROVIDED TO APPROXIMATELY 100 APPRENTICES AND JOURNEYMAN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 2 - FAMILY RELATIONSHIP OR BUSINESS RELATIONSHIP - THE RELATIONSHIP BETWEEN THE TRUSTEES OF THE FUND IS A 'BUSINESS RELATIONSHIP.' THE FUND IS ESTABLISHED AND MAINTAINED PURSUANT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED. THE FUND, AS A TAFT-HARTLY FUND, IS ADMINISTERED BY A BOARD OF TRUSTEES WHICH IS COMPOSED OF AN EQUAL NUMBER OF UNION AND EMPLOYER REPRESENTATIVES. BECAUSE OF THIS ORGANIZATIONAL REQUIREMENT, THERE IS A BUSINESS RELATIONSHIP BETWEEN THE TRUSTEES. LINE 12 - ANNUALLY, EACH TRUSTEE MUST ANSWER THE FIDUCIARY LIABILITY INSURANCE RENEWAL QUESTIONARE, WHICH CONTAINS QUESTIONS REGARDING POTENTIAL AND ACTUAL CONFLICTS OF INTEREST. LINE 15 - THE FUND DID NOT HAVE A CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL, OR OTHER OFFICERS OR KEY EMPLOYEES, AS THOSE TERMS ARE DEFINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PRESENTED AND APPROVED AT A MEETING OF THE BOARD OF TRUSTEES, SUBJECT TO REVIEW BY AND APPROVAL OF THE FUND'S LEGAL COUNSEL. IN ADDITION, EACH TRUSTEE IS PROVIDED A COPY OF THE FUND'S FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FUND IS ESTABLISHED AND MAINTAINED PURSUANT TO THE EMPLOYEE RETIREMENT SECURITY ACT OF 1974, AS AMENDED. IT OPERATES IN COMPLIANCE WITH THE REPORTING AND DISCLOSURE REQUIREMENTS OF SUBTITLE B, PART 1 ERISA WITH RESPECT TO DISCLOSURE OF ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION. IT OPERATES IN COMPLIANCE WITH FIDUCIARY RESPONSIBILITY REQUIREMENTS OF SUBTITLE B, PART 4 OF ERISA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 1A -THE TRUSTEES OF THE FUND SERVE WITHOUT COMPENSATION FROM THE FUND, BUT ARE COMPENSATED AS EMPLOYEES OF THE ENTITIES THAT MIGHT BE A "SPONSORING ORGANIZATION OF A VEBA- OR " CONTRIBUTING EMPLOYER OF A VEBA-; HOWEVER, NONE OF THOSE ENTITIES CONTRIBUTED 10% OR MORE OF THE CONTRIBUTIONS TO THE FUND DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0494153
IRS990/TotalAssetsEOYAmt0387030
IRS990/TotalAssetsGrp/BOYAmt0494153
IRS990/TotalAssetsGrp/EOYAmt0387030
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0390218
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038701
IRS990/TotalLiabilitiesEOYAmt030206
IRS990/TotalLiabilitiesGrp/BOYAmt038701
IRS990/TotalLiabilitiesGrp/EOYAmt030206
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0455452
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0356824
IRS990/TotalOtherCompensationAmt0116892
IRS990/TotalProgramServiceRevenueAmt0282788
IRS990/TotalRevenueGrp/ExclusionAmt0679
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0290911
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0291590
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0494153
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0387030
IRS990/TotReportableCompRltdOrgAmt0220965
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt01
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD PETERSON MIKE HARES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN / SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05173217502
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPPER PENINSULA PLUMBERS &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PIPEFITTERS EDUCATIONAL FUND
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0386102222
ReturnHeader/Filer/PhoneNum05173217502
ReturnHeader/Filer/USAddress/AddressLine1Txt06525 CENTURION DRIVE
ReturnHeader/Filer/USAddress/CityNm0LANSING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048917
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382284921
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BENDA GRACE STULZ & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt038800 VAN DYKE AVE STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STERLING HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048312
ReturnHeader/PreparerPersonGrp/PhoneNum05868836240
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYAN STULZ
ReturnHeader/ReturnTs02016-02-15T09:27:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.03$1.06$0.68$0.47$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.02$0.85$0.49$0.40$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.07$0.77$0.38$0.36$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.02$0.75$0.38$0.36$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.03$0.73$0.59$0.44$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.04$0.58$0.63$0.40$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.03$0.34$0.44$0.34$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.02$0.25$0.26$0.37$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.03$0.36$0.29$0.39$0.10
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.04$0.46$0.44$0.31$0.13
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.35$0.02$0.33$0.23$0.23$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.02$0.33$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.02$0.27$0.17