Civic Intelligence

Plumbing Industry Development Fund Inc

990 • Fiscal year 2023 • EIN 39-6081490

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 01, 2024

11001 W Plank CT 100Wauwatosa, WI 53226-3668

(414) 543-7622

Siviq Scores

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

Liabilities / Assets

67th percentile

0.05x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.06x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

55th percentile

3.0%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$285,418

Up $8,233 (+3.0%) from 2022

Net Assets

Up

$270,592

Up $47,792 (+21%) from 2022

Liabilities

Down

$14,826

Down $39,559 (-73%) from 2022

Revenue

Up

$242,864

Up $24,756 (+11%) from 2022

Expenses

Up

$204,200

Up $11,810 (+6.1%) from 2022

Net Income

Up

$38,664

Up $12,946 (+50%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2010: $168,141Liabilities 2010: $133,121Net Assets 2010: $35,0202010Assets 2011: $164,859Liabilities 2011: $144,750Net Assets 2011: $20,1092011Assets 2012: $167,078Liabilities 2012: $172,015Net Assets 2012: -$4,9372012Assets 2013: $173,550Liabilities 2013: $169,750Net Assets 2013: $3,8002013Assets 2014: $194,632Liabilities 2014: $179,750Net Assets 2014: $14,8822014Assets 2015: $127,467Liabilities 2015: $117,437Net Assets 2015: $10,0302015Assets 2016: $171,732Liabilities 2016: $144,566Net Assets 2016: $27,1662016Assets 2017: $161,068Liabilities 2017: $117,541Net Assets 2017: $43,5272017Assets 2018: $202,084Liabilities 2018: $118,105Net Assets 2018: $83,9792018Assets 2019: $252,488Liabilities 2019: $118,176Net Assets 2019: $134,3122019Assets 2020: $303,824Liabilities 2020: $119,631Net Assets 2020: $184,1932020Assets 2021: $205,184Liabilities 2021: $3,354Net Assets 2021: $201,8302021Assets 2022: $277,185Liabilities 2022: $54,385Net Assets 2022: $222,8002022Assets 2023: $285,418Liabilities 2023: $14,826Net Assets 2023: $270,5922023Assets 2024: $319,329Liabilities 2024: $7,390Net Assets 2024: $311,9392024

Highlighted filing

2023

Assets$285,418
Liabilities$14,826
Net Assets$270,592

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $180,125Expenses 2010: $221,514Net Income 2010: -$41,3892010Revenue 2011: $165,476Expenses 2011: $180,387Net Income 2011: -$14,9112011Revenue 2012: $137,387Expenses 2012: $162,433Net Income 2012: -$25,0462012Revenue 2013: $141,149Expenses 2013: $132,412Net Income 2013: $8,7372013Revenue 2014: $167,621Expenses 2014: $156,539Net Income 2014: $11,0822014Revenue 2015: $165,453Expenses 2015: $170,305Net Income 2015: -$4,8522015Revenue 2016: $171,378Expenses 2016: $154,242Net Income 2016: $17,1362016Revenue 2017: $171,915Expenses 2017: $155,554Net Income 2017: $16,3612017Revenue 2018: $200,074Expenses 2018: $159,622Net Income 2018: $40,4522018Revenue 2019: $214,422Expenses 2019: $164,089Net Income 2019: $50,3332019Revenue 2020: $214,018Expenses 2020: $164,137Net Income 2020: $49,8812020Revenue 2021: $209,220Expenses 2021: $191,583Net Income 2021: $17,6372021Revenue 2022: $218,108Expenses 2022: $192,390Net Income 2022: $25,7182022Revenue 2023: $242,864Expenses 2023: $204,200Net Income 2023: $38,6642023Revenue 2024: $255,867Expenses 2024: $218,484Net Income 2024: $37,3832024

Highlighted filing

2023

Revenue$242,864
Expenses$204,200
Net Income$38,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 1, 2024
Return Version
2023v5.1
Gross Receipts
$262,863
Mission and Program Overview

Mission

A business league/trade association that promotes the business interest of employers in milwaukee, wisconsin and the surrounding metropolitan area who are signatory to a collective bargaining agreement with certain employees represented by plumbers local no. 75, especially with regard to labor relations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$115,675$120,521▲ $4,846
Savings and Temporary Cash Investments$117,549$110,346▼ $7,203
Accounts Receivable$23,073$24,721▲ $1,648
Cash and Non-Interest-Bearing Accounts$18,964$22,714▲ $3,750
Investments Other Securities$1,924$7,116▲ $5,192
Total Assets$277,185$285,418▲ $8,233
Liabilities
Accounts Payable and Accrued Expenses$54,385$14,826▼ $39,559
Total Liabilities$54,385$14,826▼ $39,559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$222,800$270,592▲ $47,792
Total Net Assets Fund Balance$222,800$270,592▲ $47,792
Total Liabilities and Net Assets / Fund Balance$277,185$285,418▲ $8,233
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff HintzeDirector
John Brennan IiiDirector
Mike SchererDirector
Steve AdkinsDirector
Jonathan KowalskiAdministrator
John LynchSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Plumbing And Mechanical Contractors AssoManagement Services11001 W PLANK CT STE 100, Wauwatosa, WI 53226$203,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$241,113
Investment Income
$1,751
Other Revenue
$0
Change in Net Assets
$38,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$242,864
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,128
Total Revenue per Audited Statements
$251,992
Total Revenue per Form 990
$242,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$204,200
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
Fees for Services Management---$203,000
Fees for Service Investment Mgmnt Fees---$805
All Other Expenses---$395
Total Functional Expenses$0$0$0$204,200

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$204,200
Total Expenses per Audited Statements$204,200
Total Expenses per Form 990$204,200
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has a management arrangement which also includes the services of their executive director. The compensation attributable to this arrangement includes $18,216 in salary and $719 in retirement benefits.

Form 990, Part VI, Section A, Line 7A

The organization has one class of members, regular members. Regular members shall consist of contractors who are members in good standing of the plumbing and mechanical contractors association of milwaukee and southeastern wisconsin, inc. And who operate under collective bargaining agreements and are actively engaged in the plumbing industry, and shall also consist of contractors not members of the plumbing and mechanical contractors association of milwaukee and southeastern wisconsin, inc. Who operate under collective bargaining agreements and are actively engaged in the plumbing industry.

Form 990, Part VI, Section A, Line 7B

Regular members elect members of the board of directors.

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

The prepared form 990 is reviewed by the directors of the governing body before the return is filed with the irs.

Form 990, Part VI, Section C, Line 19

The organization does not make their governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Plumbing Industry Development Fund Inc
EIN
39-6081490
Phone
4145437622
Address
11001 W PLANK CT 100, WAUWATOSA, WI 53226-3668

Signing Officer

Name
Jonathan Kowalski
Title
Administrator
Phone
4145437622
Signed
2024-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Kowalski
Formed
1962
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713
Preparer
Jenny Tarkowski CPA
Phone
6082744020
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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/ActivityOrMissionDesc0A BUSINESS LEAGUE/TRADE ASSOCIATION THAT PROMOTES THE BUSINESS INTEREST OF EMPLOYERS IN MILWAUKEE, WISCONSIN AND THE SURROUNDING METROPOLITAN AREA WHO ARE SIGNATORY TO A COLLECTIVE BARGAINING AGREEMENT WITH CERTAIN EMPLOYEES REPRESENTED BY PLUMBERS LOCAL NO. 75, ESPECIALLY WITH REGARD TO LABOR RELATIONS.
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IRS990/MissionDesc0PIDF PROMOTES THE BUSINESS INTEREST OF EMPLOYERS IN MILWAUKEE, WISCONSIN AND THE SURROUNDING METROPOLITAN AREA WHO ARE SIGNATORY TO A COLLECTIVE BARGAINING AGREEMENT WITH CERTAIN EMPLOYEES REPRESENTED BY PLUMBERS LOCAL NO. 75, ESPECIALLY WITH REGARD TO LABOR RELATIONS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2023, PIDF PROVIDED SERVICES TO MORE THAN 70 PLUMBING FIRMS. WE PROVIDED PROMOTION AND SPONSORSHIP OF EDUCATION PROGRAMS TO FIRMS ENGAGED IN THE PLUMBING INDUSTRY.
IRS990/ProgSrvcAccomActy3Grp/Desc0IN 2023, PIDF ALSO PARTICIPATED IN AND PROVIDED REPRESENTATION OF THE INTERESTS OF PLUMBING FIRMS REGARDING INDUSTRY-RELATED COMMITTEES, COUNCILS, BOARDS, AND EMPLOYEE BENEFIT FUNDS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A MANAGEMENT ARRANGEMENT WHICH ALSO INCLUDES THE SERVICES OF THEIR EXECUTIVE DIRECTOR. THE COMPENSATION ATTRIBUTABLE TO THIS ARRANGEMENT INCLUDES $18,216 IN SALARY AND $719 IN RETIREMENT BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE CLASS OF MEMBERS, REGULAR MEMBERS. REGULAR MEMBERS SHALL CONSIST OF CONTRACTORS WHO ARE MEMBERS IN GOOD STANDING OF THE PLUMBING AND MECHANICAL CONTRACTORS ASSOCIATION OF MILWAUKEE AND SOUTHEASTERN WISCONSIN, INC. AND WHO OPERATE UNDER COLLECTIVE BARGAINING AGREEMENTS AND ARE ACTIVELY ENGAGED IN THE PLUMBING INDUSTRY, AND SHALL ALSO CONSIST OF CONTRACTORS NOT MEMBERS OF THE PLUMBING AND MECHANICAL CONTRACTORS ASSOCIATION OF MILWAUKEE AND SOUTHEASTERN WISCONSIN, INC. WHO OPERATE UNDER COLLECTIVE BARGAINING AGREEMENTS AND ARE ACTIVELY ENGAGED IN THE PLUMBING INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REGULAR MEMBERS ELECT MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PREPARED FORM 990 IS REVIEWED BY THE DIRECTORS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0277185
IRS990/TotalAssetsEOYAmt0285418
IRS990/TotalAssetsGrp/BOYAmt0277185
IRS990/TotalAssetsGrp/EOYAmt0285418
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0204200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054385
IRS990/TotalLiabilitiesEOYAmt014826
IRS990/TotalLiabilitiesGrp/BOYAmt054385
IRS990/TotalLiabilitiesGrp/EOYAmt014826
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0222800
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0270592
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0241113
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01751
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0241113
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0242864
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0277185
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0285418
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011001 W PLANK CT 100
IRS990/USAddress/CityNm0WAUWATOSA
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0532263668
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN KOWALSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04145437622
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLUMBING INDUSTRY DEVELOPMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0PLUM
ReturnHeader/Filer/EIN0396081490
ReturnHeader/Filer/PhoneNum04145437622
ReturnHeader/Filer/USAddress/AddressLine1Txt011001 W PLANK CT 100
ReturnHeader/Filer/USAddress/CityNm0WAUWATOSA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0532263668
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390974031
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEGNER CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02921 LANDMARK PL STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053713
ReturnHeader/PreparerPersonGrp/PhoneNum06082744020
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNY TARKOWSKI CPA
ReturnHeader/ReturnTs02024-10-01T14:38:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.07$3.12$2.56$2.18$0.37
2023Detailed filing. Detailed filing data is available for this year.$2.85$0.15$2.71$2.43$2.04$0.39
2022Detailed filing. Detailed filing data is available for this year.$2.77$0.54$2.23$2.18$1.92$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.03$2.02$2.09$1.92$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.04$1.20$1.84$2.14$1.64$0.50
2019Detailed filing. Detailed filing data is available for this year.$2.52$1.18$1.34$2.14$1.64$0.50
2018Detailed filing. Detailed filing data is available for this year.$2.02$1.18$0.84$2.00$1.60$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.61$1.18$0.44$1.72$1.56$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.72$1.45$0.27$1.71$1.54$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.27$1.17$0.10$1.65$1.70$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.95$1.80$0.15$1.68$1.57$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.74$1.70$0.04$1.41$1.32$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$1.72$0.05$1.37$1.62$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$1.45$0.20$1.65$1.80$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$1.33$0.35$1.80$2.22$0.41
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)6 • <$500k nonprofits