Civic Intelligence

Iowa Laborers' Education and Training Trust Fund

990 • Fiscal year 2021 • EIN 42-1103470

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 10, 2022

Organization ProfileN/A
1707 N 14th StreetIndianola, IA 50125

(515) 270-6965

Siviq Scores

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

Liabilities / Assets

97th percentile

0.62x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

1.73x

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

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Net Margin

21st percentile

-0.5%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$126,893

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Asset Growth

98th percentile

78%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

73rd percentile

12%

Faster revenue growth than 73% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$2,958,779

Up $1,300,629 (+78%) from 2020

Net Assets

Down

$1,131,682

Down $5,299 (-0.5%) from 2020

Liabilities

Up

$1,827,097

Up $1,305,928 (+251%) from 2020

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin21st percentile

Revenue

Up

$1,058,576

Up $113,639 (+12%) from 2020

Expenses

Up

$1,063,875

Up $100,704 (+10%) from 2020

Net Income

Up

-$5,299

Up $12,935 (+71%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $385,615Liabilities 2011: $9,632Net Assets 2011: $375,9832011Assets 2012: $396,293Liabilities 2012: $7,173Net Assets 2012: $389,1202012Assets 2013: $425,424Liabilities 2013: $17,178Net Assets 2013: $408,2462013Assets 2014: $480,755Liabilities 2014: $7,003Net Assets 2014: $473,7522014Assets 2015: $509,314Liabilities 2015: $15,651Net Assets 2015: $493,6632015Assets 2016: $912,542Liabilities 2016: $81,326Net Assets 2016: $831,2162016Assets 2017: $1,149,884Liabilities 2017: $429,136Net Assets 2017: $720,7482017Assets 2018: $1,390,587Liabilities 2018: $412,303Net Assets 2018: $978,2842018Assets 2019: $1,531,373Liabilities 2019: $376,158Net Assets 2019: $1,155,2152019Assets 2020: $1,658,150Liabilities 2020: $521,169Net Assets 2020: $1,136,9812020Assets 2021: $2,958,779Liabilities 2021: $1,827,097Net Assets 2021: $1,131,6822021Assets 2022: $2,445,972Liabilities 2022: $1,520,561Net Assets 2022: $925,4112022Assets 2023: $2,311,649Liabilities 2023: $1,452,982Net Assets 2023: $858,6672023Assets 2024: $2,413,814Liabilities 2024: $1,157,559Net Assets 2024: $1,256,2552024

Highlighted filing

2021

Assets$2,958,779
Liabilities$1,827,097
Net Assets$1,131,682
Open 2021 Filing

Operations Trend

Revenue Growth73rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $494,9212011Expenses 2012: $565,8342012Revenue 2013: $632,456Expenses 2013: $613,330Net Income 2013: $19,1262013Revenue 2014: $733,626Expenses 2014: $668,120Net Income 2014: $65,5062014Revenue 2015: $685,431Expenses 2015: $665,520Net Income 2015: $19,9112015Revenue 2016: $1,142,591Expenses 2016: $805,038Net Income 2016: $337,5532016Revenue 2017: $967,523Expenses 2017: $1,077,991Net Income 2017: -$110,4682017Revenue 2018: $1,270,001Expenses 2018: $1,012,465Net Income 2018: $257,5362018Revenue 2019: $1,126,145Expenses 2019: $1,088,094Net Income 2019: $38,0512019Revenue 2020: $944,937Expenses 2020: $963,171Net Income 2020: -$18,2342020Revenue 2021: $1,058,576Expenses 2021: $1,063,875Net Income 2021: -$5,2992021Revenue 2022: $870,017Expenses 2022: $1,076,288Net Income 2022: -$206,2712022Revenue 2023: $979,521Expenses 2023: $1,046,265Net Income 2023: -$66,7442023Revenue 2024: $1,432,324Expenses 2024: $1,034,736Net Income 2024: $397,5882024

Highlighted filing

2021

Revenue$1,058,576
Expenses$1,063,875
Net Income-$5,299
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 10, 2022
Return Version
2021v4.2
Gross Receipts
$1,059,006
Mission and Program Overview

Mission

To educate and train members in the laborers trade.

Education and training in the laborers trade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,048,613$2,348,008▲ $1,299,395
Cash and Non-Interest-Bearing Accounts$241,699$241,746▲ $47
Savings and Temporary Cash Investments$241,007$214,562▼ $26,445
Accounts Receivable$114,671$142,469▲ $27,798
Prepaid Expenses and Deferred Charges$12,160$11,994▼ $166
Total Assets$1,658,150$2,958,779▲ $1,300,629
Liabilities
Mortgage Notes Payable Secured by Investment Property$483,829$1,757,808▲ $1,273,979
Accounts Payable and Accrued Expenses$31,387$50,099▲ $18,712
Deferred Revenue-$15,000-
Other Liabilities$5,953$4,190▼ $1,763
Total Liabilities$521,169$1,827,097▲ $1,305,928
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,136,981$1,131,682▼ $5,299
Total Net Assets Fund Balance$1,136,981$1,131,682▼ $5,299
Total Liabilities and Net Assets / Fund Balance$1,658,150$2,958,779▲ $1,300,629

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,801,216$83,360$1,884,576
Land$467,354-$467,354
Equipment$49,082$243,986$293,068
Other Land Buildings$30,356$192,675$223,031
Leasehold Improvements$0--
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ed ElyDirectorFT$96,819$30,074$126,893

Board Members and Trustees

NameTitle
Anthony PennTrustee
Dan PrymekTrustee
Danny HemmingerTrustee
Doug WhiteTrustee
Mike TuthillTrustee
Mike WeckmanTrustee
Steve FergusonTrustee
Jim Piazza JrChariman
Revenue and Support

Revenue Composition

Contributions and Grants
$183,740
Program Service Revenue
$805,715
Investment Income
$7,730
Other Revenue
$61,391
All Other Contributions
$87,953
Change in Net Assets
$-5,299

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,058,576
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-7,570
Total Revenue per Audited Statements
$1,051,006
Total Revenue per Form 990
$1,058,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$542,479
Salaries, Compensation, and Employee Benefits$521,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$195,476$53,786-$249,262
Current Officers, Directors, Trustees, and Key Employees$117,130--$117,130
Depreciation Depletion$88,284$22,071-$110,355
Occupancy$92,754--$92,754
Pension Plan Contributions$51,095$16,061-$67,156
Interest-$63,247-$63,247
Other Employee Benefits$44,632$9,564-$54,196
Office Expenses-$45,940-$45,940
Payments to Affiliates$36,248--$36,248
Insurance$17,520$17,520-$35,040
Payroll Taxes$28,491$5,161-$33,652
Fees for Services Legal-$22,664-$22,664
Fees for Services Accounting-$19,675-$19,675
All Other Expenses$16,316$495-$16,811
Fees for Services Other-$12,952-$12,952
Other Expenses$9,986--$9,986
Conferences and Meetings-$806-$806
Total Functional Expenses$773,933$289,942$0$1,063,875

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,063,875
Total Expenses per Form 990$1,063,875
Total Expenses per Audited Statements$1,056,305
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-7,570
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$4,190
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
No
Management duties delegated
No

Governance Explanations

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

“The director or trustee reviews the form 990 once the auditor has prepared the form. He or she then signs the form 8879-eo and sends it back to the auditor. Once the auditor receives the signed form, the auditor then submits the form 990 electronically.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
IOWA LABORERS' EDUCATION AND
EIN
42-1103470
Phone
5152706965
Address
1707 N 14TH STREET, INDIANOLA, IA 50125

Signing Officer

Name
Ed Ely
Title
Training Director
Phone
5152706965
Signed
2022-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Ely
Formed
1978
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
0

Preparer

Firm
Romolo & Associates LLC
Address
1700 W LUTHY DRIVE, PEORIA, IL 61615
Preparer
Michael Holder
Phone
3096822001
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The trust established under the plan to hold the plan's assets is intended to qualify pursuant to section 501(c)(5) of the internal revenue code (irc), and, accordingly, the trust's net investment income is exempt from income taxes. The trust obtained a favorable tax determination letter from the irs on august 14, 1978, and the board of trustees believes that the trust, as amended, continues to qualify and to operate in accordance with applicable provisions of the irc. The total amounts of interest and penalties recognized in the statements of changes in net assets available for benefits and the total amounts of interest and penalties recognized in the statements of net assets available for benefits are $0. Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by federal and state taxing authorities. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 2021 and 2020, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan has never had unrelated business income tax (ubit) nor has it filed the form 990-t. Therefore, all tax years are open for examination by federal and state taxing authorities related to ubit.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gain on disposal of fixed assets -7,570.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gain on disposal of fixed assets -7,570.”

Raw XML AppendixShowing 400 of 422 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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IRS990/OtherExpensesGrp/TotalAmt130873
IRS990/OtherExpensesGrp/TotalAmt211670
IRS990/OtherExpensesGrp/TotalAmt39986
IRS990/OtherLiabilitiesGrp/BOYAmt05953
IRS990/OtherLiabilitiesGrp/EOYAmt04190
IRS990/OtherRevenueMiscGrp/BusinessCd0900999
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900999
IRS990/OtherRevenueMiscGrp/Desc0EMPLOYEE RETENTION CRE
IRS990/OtherRevenueMiscGrp/Desc1REFUNDS AND REIMBURSED
IRS990/OtherRevenueMiscGrp/Desc2BOND CLAIM
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036289
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt112817
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt29870
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036289
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112817
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt29870
IRS990/OtherRevenueTotalAmt061391
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt053786
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0195476
IRS990/OtherSalariesAndWagesGrp/TotalAmt0249262
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt036248
IRS990/PaymentsToAffiliatesGrp/TotalAmt036248
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05161
IRS990/PayrollTaxesGrp/ProgramServicesAmt028491
IRS990/PayrollTaxesGrp/TotalAmt033652
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016061
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt051095
IRS990/PensionPlanContributionsGrp/TotalAmt067156
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012160
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011994
IRS990/PrincipalOfficerNm0ED ELY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0805715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0805715
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0109900
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-3652
IRS990/PYOtherExpensesAmt0571257
IRS990/PYOtherRevenueAmt05198
IRS990/PYProgramServiceRevenueAmt0833491
IRS990/PYRevenuesLessExpensesAmt0-18234
IRS990/PYSalariesCompEmpBnftPaidAmt0391914
IRS990/PYTotalExpensesAmt0963171
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0944937
IRS990/ReconcilationRevenueExpnssAmt0-5299
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0241007
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0214562
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01801216
IRS990ScheduleD/BuildingsGrp/DepreciationAmt083360
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01884576
IRS990ScheduleD/EquipmentGrp/BookValueAmt049082
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0243986
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0293068
IRS990ScheduleD/ExpensesNotReportedAmt0-7570
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01063875
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0467354
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0467354
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt0-7570
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030356
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0192675
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0223031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt0-7570
IRS990ScheduleD/RevenueNotReportedAmt0-7570
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01058576
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE (IRC), AND, ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE TRUST OBTAINED A FAVORABLE TAX DETERMINATION LETTER FROM THE IRS ON AUGUST 14, 1978, AND THE BOARD OF TRUSTEES BELIEVES THAT THE TRUST, AS AMENDED, CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC. THE TOTAL AMOUNTS OF INTEREST AND PENALTIES RECOGNIZED IN THE STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS AND THE TOTAL AMOUNTS OF INTEREST AND PENALTIES RECOGNIZED IN THE STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS ARE $0. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2021 AND 2020, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN HAS NEVER HAD UNRELATED BUSINESS INCOME TAX (UBIT) NOR HAS IT FILED THE FORM 990-T. THEREFORE, ALL TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES RELATED TO UBIT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GAIN ON DISPOSAL OF FIXED ASSETS -7,570.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GAIN ON DISPOSAL OF FIXED ASSETS -7,570.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02348008
IRS990ScheduleD/TotalExpensesPerForm990Amt01063875
IRS990ScheduleD/TotalLiabilityAmt04190
IRS990ScheduleD/TotalRevenuePerForm990Amt01058576
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01051006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01056305
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTOR OR TRUSTEE REVIEWS THE FORM 990 ONCE THE AUDITOR HAS PREPARED THE FORM. HE OR SHE THEN SIGNS THE FORM 8879-EO AND SENDS IT BACK TO THE AUDITOR. ONCE THE AUDITOR RECEIVES THE SIGNED FORM, THE AUDITOR THEN SUBMITS THE FORM 990 ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01658150
IRS990/TotalAssetsEOYAmt02958779
IRS990/TotalAssetsGrp/BOYAmt01658150
IRS990/TotalAssetsGrp/EOYAmt02958779
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0183740
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0289942
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0773933
IRS990/TotalFunctionalExpensesGrp/TotalAmt01063875
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0521169
IRS990/TotalLiabilitiesEOYAmt01827097
IRS990/TotalLiabilitiesGrp/BOYAmt0521169
IRS990/TotalLiabilitiesGrp/EOYAmt01827097
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01136981
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01131682
IRS990/TotalOtherCompensationAmt030074
IRS990/TotalProgramServiceExpensesAmt0773933
IRS990/TotalProgramServiceRevenueAmt0805715
IRS990/TotalReportableCompFromOrgAmt096819
IRS990/TotalRevenueGrp/ExclusionAmt0160
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0874676
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01058576
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01658150
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02958779
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01707 N 14TH STREET
IRS990/USAddress/CityNm0INDIANOLA
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050125
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ED ELY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRAINING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05152706965
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IOWA LABORERS' EDUCATION AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAINING TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0IOWA

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,958,779
Liabilities
$1,827,097
Net assets
$1,131,682
Revenue
$1,058,576
Expenses
$1,063,875
Net income
-$5,299
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$1.16$1.26$1.43$1.03$0.40
2023Detailed filing. Detailed filing data is available for this year.$2.31$1.45$0.86$0.98$1.05$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.45$1.52$0.93$0.87$1.08$0.21
2021Detailed filing. Detailed filing data is available for this year.$2.96$1.83$1.13$1.06$1.06$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.52$1.14$0.94$0.96$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.53$0.38$1.16$1.13$1.09$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.41$0.98$1.27$1.01$0.26
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.43$0.72$0.97$1.08$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.08$0.83$1.14$0.81$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.49$0.69$0.67$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.73$0.67$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.63$0.61$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.01$0.39$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.01$0.38$0.49