Civic Intelligence

Plumbers Local 75 Education Fund

990 • Fiscal year 2013 • EIN 39-6146586

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 08, 2014

11175 W Parkland AveMilwaukee, WI 53224

(414) 359-1318

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.14x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

55th percentile

0.14x

Higher debt load relative to revenue than 55% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

83rd percentile

$137,076

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

69th percentile

9.2%

Faster asset growth than 69% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$1,218,489

Up $102,268 (+9.2%) from 2012

Net Assets

Up

$1,042,491

Up $216,185 (+26%) from 2012

Liabilities

Down

$175,998

Down $113,917 (-39%) from 2012

Revenue

$1,237,372

No earlier filing loaded for comparison.

Expenses

Down

$1,084,802

Down $108,710 (-9.1%) from 2012

Net Income

$152,570

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,090,330Liabilities 2010: $191,843Net Assets 2010: $898,4872010Assets 2011: $981,365Liabilities 2011: $170,994Net Assets 2011: $810,3712011Assets 2012: $1,116,221Liabilities 2012: $289,915Net Assets 2012: $826,3062012Assets 2013: $1,218,489Liabilities 2013: $175,998Net Assets 2013: $1,042,4912013Assets 2014: $1,316,595Liabilities 2014: $191,423Net Assets 2014: $1,125,1722014Assets 2015: $1,509,485Liabilities 2015: $205,009Net Assets 2015: $1,304,4762015Assets 2016: $1,934,528Liabilities 2016: $349,786Net Assets 2016: $1,584,7422016Assets 2017: $2,226,197Liabilities 2017: $321,673Net Assets 2017: $1,904,5242017Assets 2018: $2,534,512Liabilities 2018: $162,692Net Assets 2018: $2,371,8202018Assets 2019: $3,483,085Liabilities 2019: $213,624Net Assets 2019: $3,269,4612019Assets 2020: $4,391,135Liabilities 2020: $228,549Net Assets 2020: $4,162,5862020Assets 2021: $5,024,538Liabilities 2021: $335,032Net Assets 2021: $4,689,5062021Assets 2022: $6,651,349Liabilities 2022: $1,777,233Net Assets 2022: $4,874,1162022Assets 2023: $6,877,965Liabilities 2023: $1,390,319Net Assets 2023: $5,487,6462023Assets 2024: $7,891,275Liabilities 2024: $2,565,506Net Assets 2024: $5,325,7692024

Highlighted filing

2013

Assets$1,218,489
Liabilities$175,998
Net Assets$1,042,491

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,328,9312010Expenses 2011: $1,250,6562011Expenses 2012: $1,193,5122012Revenue 2013: $1,237,372Expenses 2013: $1,084,802Net Income 2013: $152,5702013Revenue 2014: $1,448,337Expenses 2014: $1,210,276Net Income 2014: $238,0612014Revenue 2015: $1,602,363Expenses 2015: $1,413,029Net Income 2015: $189,3342015Revenue 2016: $1,818,255Expenses 2016: $1,562,799Net Income 2016: $255,4562016Revenue 2017: $1,946,100Expenses 2017: $1,678,723Net Income 2017: $267,3772017Revenue 2018: $2,205,506Expenses 2018: $1,706,071Net Income 2018: $499,4352018Revenue 2019: $2,524,940Expenses 2019: $1,797,675Net Income 2019: $727,2652019Revenue 2020: $2,402,798Expenses 2020: $1,742,884Net Income 2020: $659,9142020Revenue 2021: $2,433,031Expenses 2021: $2,008,420Net Income 2021: $424,6112021Revenue 2022: $3,765,073Expenses 2022: $3,034,552Net Income 2022: $730,5212022Revenue 2023: $4,084,068Expenses 2023: $3,562,537Net Income 2023: $521,5312023Revenue 2024: $4,032,394Expenses 2024: $4,266,205Net Income 2024: -$233,8112024

Highlighted filing

2013

Revenue$1,237,372
Expenses$1,084,802
Net Income$152,570
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 8, 2014
Return Version
2013v3.0
Gross Receipts
$1,375,390
Mission and Program Overview

Mission

To provide training and educational programs for apprentices, employees, journeymen, and instructors in the plumbing trade and related occupation

Training & educational programs for plumbers apprentices, journeymen & instructors

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$611,168-
Investments Other Securities$505,705--
Cash and Non-Interest-Bearing Accounts$426,014$439,577▲ $13,563
Accounts Receivable$86,015$85,583▼ $432
Land, Buildings, and Equipment, Net$73,908$57,384▼ $16,524
Inventories for Sale or Use$3,375$11,368▲ $7,993
Prepaid Expenses and Deferred Charges$6,152$6,305▲ $153
Savings and Temporary Cash Investments$10,721$6,138▼ $4,583
Total Assets$1,116,221$1,218,489▲ $102,268
Other Assets Total$4,331$966▼ $3,365
Liabilities
Accounts Payable and Accrued Expenses$289,915$175,998▼ $113,917
Total Liabilities$289,915$175,998▼ $113,917
Net Assets / Fund Balance
Unrestricted Net Assets$460,948$796,215▲ $335,267
Temporarily Rstr Net Assets$342,390$224,943▼ $117,447
Permanently Rstr Net Assets$22,968$21,333▼ $1,635
Total Net Assets Fund Balance$826,306$1,042,491▲ $216,185
Total Liabilities and Net Assets / Fund Balance$1,116,221$1,218,489▲ $102,268

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$41,787$588,331$630,118
Leasehold Improvements$15,597$15,026$30,623
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wes ZastrowDirector/trusteeFT$95,846$41,230$137,076

Board Members and Trustees

NameTitle
Michael SchererChairperson/trustee
Lauri RollingsTrustee
Michael HouseTrustee
Rick HextTrustee
Scott RedmanTrustee
Thomas JaroszTrustee
Steve BreitlowSecretary Treasurer/truste
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,193,843
Investment Income
$37,264
Other Revenue
$6,265
Change in Net Assets
$152,570

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,237,372
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$63,615
Total Revenue per Audited Statements
$1,300,987
Total Revenue per Form 990
$1,237,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$639,476
Salaries, Compensation, and Employee Benefits$445,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,320$61,907-$199,227
All Other Expenses$36,406$124,157-$160,563
Current Officers, Directors, Trustees, and Key Employees-$137,076-$137,076
Occupancy-$96,130-$96,130
Pension Plan Contributions$48,957--$48,957
Other Employee Benefits$37,529--$37,529
Other Expenses$34,254$26,296-$26,296
Depreciation Depletion-$24,335-$24,335
Payroll Taxes$10,890$11,647-$22,537
Office Expenses-$20,353-$20,353
Fees for Services Accounting-$13,075-$13,075
Insurance-$10,711-$10,711
Advertising-$2,823-$2,823
Fees for Service Investment Mgmnt Fees-$1,417-$1,417
Fees for Services Other-$1,311-$1,311
Fees for Services Legal-$438-$438
Total Functional Expenses$305,356$779,446$0$1,084,802

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,084,802
Total Expenses per Audited Statements$1,084,802
Total Expenses per Form 990$1,084,802
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
Lobbying 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 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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The fund's membership is comprised of contractors, journeymen, apprentices, employees and instructors in the plumbing trade and related occupations

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

The pmc appoints employer representatives, the plumbers local 75 appoints labor representatives

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

Decisions for the fund are made by the board of trustees consisting of labor and employer representatives, each having equal voting power

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

The fund has no committee with the authority to act on behalf of the executive board.

Form 990, Part VI, Section B, Line 11

The form 990 is provided to the fund's training director and bookkeeper. They review and approve it, then present the form 990 to the board of trustees for review and filing approval.

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

The fund adopted a conflict of interest policy in september 2012 which requires officers and trustees to disclose any conflict of interest. The board of trustees will monitor compliance with the policy.

Form 990, Part VI, Section B, Line 15

The training director's compensation is based on 45 hour work weeks and is set at pay level comparable to members of the plumbers trade, assistant director's compensation is based on 40 hour work weeks and is also based on comparable pay for plumbers union members

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are on file at the fund's office and are available upon request.

Filing and Contact Details

Filer

EIN
39-6146586
Phone
4143591318

Signing Officer

Name
Michael Scherer
Title
Chairperson
Phone
4143591318
Signed
2014-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Scherer
Formed
1969
Legal Domicile
Wi
Voting Board Members
8
Independent Board Members
0
Employees
23
Volunteers
0

Preparer

Preparer
James M Ashland CPA
Phone
2627846210
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Substance abuse program: program service expenses 0. Management and general expenses 24,807. Fundraising expenses 0. Total expenses 24,807. Med gas lab: program service expenses 24,418. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,418. Computer: program service expenses 0. Management and general expenses 21,562. Fundraising expenses 0. Total expenses 21,562. Plumbers labor management: program service expenses 0. Management and general expenses 17,531. Fundraising expenses 0. Total expenses 17,531. Maintenance & repairs: program service expenses 0. Management and general expenses 14,746. Fundraising expenses 0. Total expenses 14,746. Administration fees: program service expenses 0. Management and general expenses 11,353. Fundraising expenses 0. Total expenses 11,353. Telephone: program service expenses 0. Management and general expenses 11,213. Fundraising expenses 0. Total expenses 11,213. Travel & meals: program service expenses 0. Management and general expenses 9,588. Fundraising expenses 0. Total expenses 9,588. Market recovery rebate: program service expenses 0. Management and general expenses 8,017. Fundraising expenses 0. Total expenses 8,017. Instructor training expenses: program service expenses 7,432. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,432. Apprentice contest: program service expenses 2,329. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,329. Tuition expense: program service expenses 2,227. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,227. Trustee education: program service expenses 0. Management and general expenses 1,995. Fundraising expenses 0. Total expenses 1,995. Lockbox fees: program service expenses 0. Management and general expenses 1,722. Fundraising expenses 0. Total expenses 1,722. Dues & subscriptions: program service expenses 0. Management and general expenses 873. Fundraising expenses 0. Total expenses 873. Recruiting expense: program service expenses 0. Management and general expenses 750. Fundraising expenses 0. Total expenses 750.

Form 990, Part XII, Line 2C

The board of trustees assumes responsibility for oversight of the audit, the fund's financial statements, and for the selection of an independent auditor. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

U.s. Generally accepted accounting principles require the management of the fund to evaluate tax positions taken by the organization and to recognize a tax liability (or asset) if the fund has taken an uncertain tax position that more likely than not would not be sustained upon examination by the irs. Fund management has analyzed the tax positions taken by the fund, and has concluded that as of december 31, 2013 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The fund is subject to routine audits by taxing jurisdictions and has been notified by the u.s. Department of labor that they will be auditing the tax years 2008 through 2010. Fund management believes it is no longer subject to income tax examinations for closed years for which the statute of limitations has expired.

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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04331
IRS990/OtherAssetsTotalGrp/EOYAmt0966
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037529
IRS990/OtherEmployeeBenefitsGrp/TotalAmt037529
IRS990/OtherExpensesGrp/Desc0APPRENTICESHIP WAGE REI
IRS990/OtherExpensesGrp/Desc1INTERNATIONAL TRAINING
IRS990/OtherExpensesGrp/Desc2TRAINING MATERIALS & SU
IRS990/OtherExpensesGrp/Desc3BIG STEP TRANSFERS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0124035
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1123735
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt226296
IRS990/OtherExpensesGrp/ProgramServicesAmt034254
IRS990/OtherExpensesGrp/TotalAmt0124035
IRS990/OtherExpensesGrp/TotalAmt1123735
IRS990/OtherExpensesGrp/TotalAmt234254
IRS990/OtherExpensesGrp/TotalAmt326296
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt06265
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06265
IRS990/OtherRevenueTotalAmt06265
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061907
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0137320
IRS990/OtherSalariesAndWagesGrp/TotalAmt0199227
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011647
IRS990/PayrollTaxesGrp/ProgramServicesAmt010890
IRS990/PayrollTaxesGrp/TotalAmt022537
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt048957
IRS990/PensionPlanContributionsGrp/TotalAmt048957
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt022968
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt021333
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06152
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06305
IRS990/PrincipalOfficerNm0MICHAEL SCHERER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2451211
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1TUITION
IRS990/ProgramServiceRevenueGrp/Desc2SALES OF TEXTBOOKS
IRS990/ProgramServiceRevenueGrp/Desc3GRANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01124588
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133341
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt316614
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01124588
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133341
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt316614
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt016810
IRS990/PYOtherExpensesAmt0623182
IRS990/PYOtherRevenueAmt056643
IRS990/PYProgramServiceRevenueAmt01135994
IRS990/PYRevenuesLessExpensesAmt015935
IRS990/PYSalariesCompEmpBnftPaidAmt0570330
IRS990/PYTotalExpensesAmt01193512
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01209447
IRS990/ReconcilationRevenueExpnssAmt0152570
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01193843
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010721
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06138
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010288
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03617
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt036861
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt090196
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09905
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011219
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010847
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014343
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt056731
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01124588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01081987
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01114174
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01031047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01153288
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05505084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09905
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011219
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010847
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014343
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt056731
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01170
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99000
IRS990ScheduleA/PublicSupportPY509Pct00.98830
IRS990ScheduleA/PublicSupportTotal509Amt05595280
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01141202
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01092275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01117791
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01053863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01190149
IRS990ScheduleA/Total509Grp/TotalAmt05595280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01151107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01103494
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01128638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01064280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01204492
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05652011
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt041787
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0588331
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0630118
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01084802
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015597
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt015026
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt030623
IRS990ScheduleD/NetUnrealizedGainsInvstAmt063615
IRS990ScheduleD/RevenueNotReportedAmt063615
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01237372
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE MANAGEMENT OF THE FUND TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND TO RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. FUND MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2013 THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS AND HAS BEEN NOTIFIED BY THE U.S. DEPARTMENT OF LABOR THAT THEY WILL BE AUDITING THE TAX YEARS 2008 THROUGH 2010. FUND MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR CLOSED YEARS FOR WHICH THE STATUTE OF LIMITATIONS HAS EXPIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057384
IRS990ScheduleD/TotalExpensesPerForm990Amt01084802
IRS990ScheduleD/TotalRevenuePerForm990Amt01237372
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01300987
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01084802
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FUND'S MEMBERSHIP IS COMPRISED OF CONTRACTORS, JOURNEYMEN, APPRENTICES, EMPLOYEES AND INSTRUCTORS IN THE PLUMBING TRADE AND RELATED OCCUPATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PMC APPOINTS EMPLOYER REPRESENTATIVES, THE PLUMBERS LOCAL 75 APPOINTS LABOR REPRESENTATIVES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS FOR THE FUND ARE MADE BY THE BOARD OF TRUSTEES CONSISTING OF LABOR AND EMPLOYER REPRESENTATIVES, EACH HAVING EQUAL VOTING POWER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FUND HAS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS PROVIDED TO THE FUND'S TRAINING DIRECTOR AND BOOKKEEPER. THEY REVIEW AND APPROVE IT, THEN PRESENT THE FORM 990 TO THE BOARD OF TRUSTEES FOR REVIEW AND FILING APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FUND ADOPTED A CONFLICT OF INTEREST POLICY IN SEPTEMBER 2012 WHICH REQUIRES OFFICERS AND TRUSTEES TO DISCLOSE ANY CONFLICT OF INTEREST. THE BOARD OF TRUSTEES WILL MONITOR COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TRAINING DIRECTOR'S COMPENSATION IS BASED ON 45 HOUR WORK WEEKS AND IS SET AT PAY LEVEL COMPARABLE TO MEMBERS OF THE PLUMBERS TRADE, ASSISTANT DIRECTOR'S COMPENSATION IS BASED ON 40 HOUR WORK WEEKS AND IS ALSO BASED ON COMPARABLE PAY FOR PLUMBERS UNION MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE ON FILE AT THE FUND'S OFFICE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SUBSTANCE ABUSE PROGRAM: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,807. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,807. MED GAS LAB: PROGRAM SERVICE EXPENSES 24,418. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,418. COMPUTER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,562. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,562. PLUMBERS LABOR MANAGEMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,531. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,531. MAINTENANCE & REPAIRS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,746. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,746. ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,353. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,353. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,213. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,213. TRAVEL & MEALS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,588. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,588. MARKET RECOVERY REBATE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,017. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,017. INSTRUCTOR TRAINING EXPENSES: PROGRAM SERVICE EXPENSES 7,432. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,432. APPRENTICE CONTEST: PROGRAM SERVICE EXPENSES 2,329. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,329. TUITION EXPENSE: PROGRAM SERVICE EXPENSES 2,227. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,227. TRUSTEE EDUCATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,995. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,995. LOCKBOX FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,722. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,722. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 873. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 873. RECRUITING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, THE FUND'S FINANCIAL STATEMENTS, AND FOR THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
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 A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0123735
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt117531
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt275460
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10INTERNATIONAL TRAINING FUND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11PLUMBERS LABOR MANAGEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine12PLUMBERS LOCAL 75
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2J
IRS990ScheduleR/TransferFromOtherOrgInd00

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.$7.89$2.57$5.33$4.03$4.27$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.88$1.39$5.49$4.08$3.56$0.52
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$1.78$4.87$3.77$3.03$0.73
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.02$0.34$4.69$2.43$2.01$0.42
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.39$0.23$4.16$2.40$1.74$0.66
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.21$3.27$2.52$1.80$0.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.16$2.37$2.21$1.71$0.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.32$1.90$1.95$1.68$0.27
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.35$1.58$1.82$1.56$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.21$1.30$1.60$1.41$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.19$1.13$1.45$1.21$0.24
2013Detailed filing. Detailed filing data is available for this year.$1.22$0.18$1.04$1.24$1.08$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.29$0.83$1.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.17$0.81$1.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.19$0.90$1.33