Civic Intelligence

Indianhead Neca - Ibew Local 14 Welfare Fund

EIN 39-6107561 • 501(c)9 • Fall Creek, WI

Profile

To provide supplemental health and welfare benefits to its retired members.

9480 Highway 53Fall Creek, WI 54742

n/A

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

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

Net Margin

80th percentile

39%

Higher net margin than 80% of similar nonprofits.

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

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

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

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

73rd percentile

19%

Faster revenue growth than 73% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,877,240

Up $292,188 (+18%) from 2024

Liabilities

Up

$7,245

Up $345 (+5.0%) from 2024

Net Assets

Up

$1,869,995

Up $291,843 (+18%) from 2024

Revenue

Up

$732,132

Up $114,817 (+19%) from 2024

Expenses

Up

$447,570

Up $84,854 (+23%) from 2024

Net Income

Up

$284,562

Up $29,963 (+12%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $93,103Liabilities 2010: $0Net Assets 2010: $93,1032010Assets 2011: $128,842Liabilities 2011: $0Net Assets 2011: $128,8422011Assets 2012: $184,349Liabilities 2012: $0Net Assets 2012: $184,3492012Assets 2013: $271,375Liabilities 2013: $0Net Assets 2013: $271,3752013Assets 2014: $346,945Liabilities 2014: $0Net Assets 2014: $346,9452014Assets 2015: $436,245Liabilities 2015: $0Net Assets 2015: $436,2452015Assets 2016: $531,705Liabilities 2016: $2,635Net Assets 2016: $529,0702016Assets 2017: $669,633Liabilities 2017: $1,455Net Assets 2017: $668,1782017Assets 2018: $923,127Liabilities 2018: $0Net Assets 2018: $923,1272018Assets 2019: $1,052,097Liabilities 2019: $0Net Assets 2019: $1,052,0972019Assets 2020: $1,127,843Liabilities 2020: $0Net Assets 2020: $1,127,8432020Assets 2021: $1,264,613Liabilities 2021: $0Net Assets 2021: $1,264,6132021Assets 2022: $1,224,873Liabilities 2022: $0Net Assets 2022: $1,224,8732022Assets 2023: $1,315,403Liabilities 2023: $5,640Net Assets 2023: $1,309,7632023Assets 2024: $1,585,052Liabilities 2024: $6,900Net Assets 2024: $1,578,1522024Assets 2025: $1,877,240Liabilities 2025: $7,245Net Assets 2025: $1,869,9952025

Highlighted filing

2025

Assets$1,877,240
Liabilities$7,245
Net Assets$1,869,995

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $78,736Expenses 2010: $170,101Net Income 2010: -$91,3652010Expenses 2011: $164,8872011Expenses 2012: $168,7082012Revenue 2013: $251,184Expenses 2013: $164,158Net Income 2013: $87,0262013Revenue 2014: $211,004Expenses 2014: $135,434Net Income 2014: $75,5702014Revenue 2015: $267,457Expenses 2015: $178,157Net Income 2015: $89,3002015Revenue 2016: $274,710Expenses 2016: $181,885Net Income 2016: $92,8252016Revenue 2017: $325,878Expenses 2017: $186,770Net Income 2017: $139,1082017Revenue 2018: $373,079Expenses 2018: $177,303Net Income 2018: $195,7762018Revenue 2019: $372,493Expenses 2019: $243,523Net Income 2019: $128,9702019Revenue 2020: $389,873Expenses 2020: $289,660Net Income 2020: $100,2132020Revenue 2021: $411,131Expenses 2021: $313,413Net Income 2021: $97,7182021Revenue 2022: $422,946Expenses 2022: $376,762Net Income 2022: $46,1842022Revenue 2023: $400,801Expenses 2023: $390,577Net Income 2023: $10,2242023Revenue 2024: $617,315Expenses 2024: $362,716Net Income 2024: $254,5992024Revenue 2025: $732,132Expenses 2025: $447,570Net Income 2025: $284,5622025

Highlighted filing

2025

Revenue$732,132
Expenses$447,570
Net Income$284,562

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.01$1.87$0.73$0.45$0.28
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.01$1.58$0.62$0.36$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$0.40$0.39$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.42$0.38$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.41$0.31$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.39$0.29$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.37$0.24$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.37$0.18$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.33$0.19$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.27$0.18$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.27$0.18$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.21$0.14$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.25$0.16$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.08$0.17$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Sep 8, 2025
Return Version
2024v5.0
Gross Receipts
$1,527,513
Mission and Program Overview

Mission

To provide supplemental health and welfare benefits to its retired members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,578,152$1,869,995▲ $291,843
Investments in Publicly Traded Securities$1,334,642$1,610,188▲ $275,546
Cash and Non-Interest-Bearing Accounts$115,709$114,163▼ $1,546
Accounts Receivable$97,845$109,709▲ $11,864
Prepaid Expenses and Deferred Charges$30,800$33,600▲ $2,800
Savings and Temporary Cash Investments$6,056$9,580▲ $3,524
Total Assets$1,585,052$1,877,240▲ $292,188
Liabilities
Accounts Payable and Accrued Expenses$6,900$7,245▲ $345
Total Liabilities$6,900$7,245▲ $345
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,578,152$1,869,995▲ $291,843
Total Liabilities and Net Assets / Fund Balance$1,585,052$1,877,240▲ $292,188
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel GundersonUn Trustee a
Al BlahaEmployer Tru
Darren JohnsonEmployer Tru
Jackie StatzEmployer Tru
John GerlachEmployer Tru
Kevin BlahaEmployer Tru
Mike BerghEmployer Tru
Brent McilquhamUnion Truste
Daniel CurranUnion Truste
Jon ChermackUnion Truste
Thomas BoweUnion Truste
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$639,574
Investment Income
$92,558
Other Revenue
$0
Change in Net Assets
$284,562

Audited Revenue Reconciliation

Revenue per Audited Statements
$732,132
Revenue Not Reported on Form 990
$7,281
Total Revenue per Audited Statements
$739,413
Total Revenue per Form 990
$732,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,570
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---$423,000
Fees for Services Accounting---$7,245
Fees for Services Legal---$7,055
Fees for Service Investment Mgmnt Fees---$5,652
Insurance---$3,386
Office Expenses---$1,232
Total Functional Expenses$0$0$0$447,570

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$447,570
Total Expenses per Audited Statements$447,570
Total Expenses per Form 990$447,570
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
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Al blaha kevin blaha family relationship

Form 990, Page 6, Part VI, Line 6

Explanation: the plan is funded through a collective bargaining agreement with members of ibew local 14. Eligible retired members receive benefits from the plan.

Form 990, Page 6, Part VI, Line 7A

Explanation: members elect officers every three years.

Form 990, Page 6, Part VI, Line 7B

Explanation: decisions regarding contract negotiations and officer elections are all subject to approval by union members.

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

Explanation: the form 990 is reviewed by a committee member prior to the return being filed.

Form 990, Page 6, Part VI, Line 12C

Explanation: the committee members are required to disclose any conflicts of interest immediately upon discovery when they take the oath of office.

Form 990, Page 6, Part VI, Line 19

Explanation: documentation is available upon request.

Filing and Contact Details

Filer

Filer Name
Indianhead Neca - Ibew Local 14
EIN
39-6107561
Phone
7158784068
Address
9480 HIGHWAY 53, FALL CREEK, WI 54742

Signing Officer

Name
Jon Chermack
Title
Union Trustee
Phone
7158784068
Signed
2025-09-08

Organization Details

Principal Officer
Jon Chermack
Formed
1933
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Bauman Associates Ltd
Address
PO BOX 1225, EAU CLAIRE, WI 54702-1225
Preparer
Nathan Kalepp CPA
Phone
7158342001
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0739413
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0447570
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AL BLAHA KEVIN BLAHA FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPLANATION: THE PLAN IS FUNDED THROUGH A COLLECTIVE BARGAINING AGREEMENT WITH MEMBERS OF IBEW LOCAL 14. ELIGIBLE RETIRED MEMBERS RECEIVE BENEFITS FROM THE PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPLANATION: MEMBERS ELECT OFFICERS EVERY THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPLANATION: DECISIONS REGARDING CONTRACT NEGOTIATIONS AND OFFICER ELECTIONS ARE ALL SUBJECT TO APPROVAL BY UNION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPLANATION: THE FORM 990 IS REVIEWED BY A COMMITTEE MEMBER PRIOR TO THE RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXPLANATION: THE COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST IMMEDIATELY UPON DISCOVERY WHEN THEY TAKE THE OATH OF OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EXPLANATION: DOCUMENTATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INTERNATIONAL BROTHERHOOD OF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0ELECTRICAL WORKERS - LOCAL 14
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391761679
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PART VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09480 US HIGHWAY 53
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FALL CREEK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd054742
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PART II, (B), PRIMARY ACTIVITY: TO ORGANIZE LABOR IN THE ELECTRICAL INDUSTRY.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01585052
IRS990/TotalAssetsEOYAmt01877240
IRS990/TotalAssetsGrp/BOYAmt01585052
IRS990/TotalAssetsGrp/EOYAmt01877240
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0447570
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06900
IRS990/TotalLiabilitiesEOYAmt07245
IRS990/TotalLiabilitiesGrp/BOYAmt06900
IRS990/TotalLiabilitiesGrp/EOYAmt07245
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01578152
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01869995
IRS990/TotalProgramServiceRevenueAmt0639574
IRS990/TotalRevenueGrp/ExclusionAmt079477
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0652655
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0732132
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01585052
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01877240
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09480 HIGHWAY 53
IRS990/USAddress/CityNm0FALL CREEK
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IRS990/USAddress/ZIPCd054742
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JON CHERMACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0UNION TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07158784068
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANHEAD NECA - IBEW LOCAL 14
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0396107561
ReturnHeader/Filer/PhoneNum07158784068
ReturnHeader/Filer/USAddress/AddressLine1Txt09480 HIGHWAY 53
ReturnHeader/Filer/USAddress/CityNm0FALL CREEK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054742
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391277627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAUMAN ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1225
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAU CLAIRE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0547021225
ReturnHeader/PreparerPersonGrp/PhoneNum07158342001
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHAN KALEPP CPA
ReturnHeader/ReturnTs02025-09-08T14:04:43-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-05-01
ReturnHeader/TaxPeriodEndDt02025-04-30
ReturnHeader/TaxYr02024

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