Civic Intelligence

Board of Trustees Southern Illinois Electrical Retiree Welfare Plan

EIN 43-1724421 • 501(c)9 • St Louis, MO

Profile

NONE

5735 Elizabeth AvenueSt Louis, MO 63110

n/A

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

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

501(c)9 • $25M-$50M nonprofits • Source year 2024

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

95%

Faster revenue growth than 95% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$37,606,006

Up $5,607,343 (+18%) from 2023

Liabilities

Up

$1,890

Up $1,890 from 2023

Net Assets

Up

$37,604,116

Up $5,605,453 (+18%) from 2023

Revenue

Up

$6,225,728

Up $3,034,104 (+95%) from 2023

Expenses

Up

$1,014,964

Up $59,166 (+6.2%) from 2023

Net Income

Up

$5,210,764

Up $2,974,938 (+133%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $3,766,015Liabilities 2010: $5,539Net Assets 2010: $3,760,4762010Assets 2011: $5,960,236Liabilities 2011: $4,289Net Assets 2011: $5,955,9472011Assets 2012: $7,839,652Liabilities 2012: $3,519Net Assets 2012: $7,836,1332012Assets 2013: $9,004,480Liabilities 2013: $0Net Assets 2013: $9,004,4802013Assets 2014: $10,789,769Liabilities 2014: $991Net Assets 2014: $10,788,7782014Assets 2015: $12,624,851Liabilities 2015: $1,611Net Assets 2015: $12,623,2402015Assets 2016: $14,639,306Liabilities 2016: $12,820Net Assets 2016: $14,626,4862016Assets 2017: $16,851,797Liabilities 2017: $7,469Net Assets 2017: $16,844,3282017Assets 2018: $19,455,206Liabilities 2018: $1,810Net Assets 2018: $19,453,3962018Assets 2019: $21,466,669Liabilities 2019: $1,213Net Assets 2019: $21,465,4562019Assets 2020: $25,549,207Liabilities 2020: $14,970Net Assets 2020: $25,534,2372020Assets 2021: $30,906,716Liabilities 2021: $6,500Net Assets 2021: $30,900,2162021Assets 2022: $28,310,258Liabilities 2022: $0Net Assets 2022: $28,310,2582022Assets 2023: $31,998,663Liabilities 2023: $0Net Assets 2023: $31,998,6632023Assets 2024: $37,606,006Liabilities 2024: $1,890Net Assets 2024: $37,604,1162024

Highlighted filing

2024

Assets$37,606,006
Liabilities$1,890
Net Assets$37,604,116

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $256,4412010Expenses 2011: $290,5852011Expenses 2012: $319,1052012Expenses 2013: $371,3252013Revenue 2014: $1,449,858Expenses 2014: $415,058Net Income 2014: $1,034,8002014Revenue 2015: $2,444,974Expenses 2015: $491,345Net Income 2015: $1,953,6292015Revenue 2016: $2,007,168Expenses 2016: $574,087Net Income 2016: $1,433,0812016Revenue 2017: $2,028,600Expenses 2017: $614,217Net Income 2017: $1,414,3832017Revenue 2018: $2,475,645Expenses 2018: $749,694Net Income 2018: $1,725,9512018Revenue 2019: $5,704,252Expenses 2019: $785,132Net Income 2019: $4,919,1202019Revenue 2020: $2,471,901Expenses 2020: $827,473Net Income 2020: $1,644,4282020Revenue 2021: $2,423,545Expenses 2021: $891,479Net Income 2021: $1,532,0662021Revenue 2022: $2,764,993Expenses 2022: $928,020Net Income 2022: $1,836,9732022Revenue 2023: $3,191,624Expenses 2023: $955,798Net Income 2023: $2,235,8262023Revenue 2024: $6,225,728Expenses 2024: $1,014,964Net Income 2024: $5,210,7642024

Highlighted filing

2024

Revenue$6,225,728
Expenses$1,014,964
Net Income$5,210,764

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.6$0.00$37.6$6.23$1.01$5.21
2023Detailed filing. Detailed filing data is available for this year.$32.0$0.00$32.0$3.19$0.96$2.24
2022Detailed filing. Detailed filing data is available for this year.$28.3$0.00$28.3$2.76$0.93$1.84
2021Detailed filing. Detailed filing data is available for this year.$30.9$0.01$30.9$2.42$0.89$1.53
2020Detailed filing. Detailed filing data is available for this year.$25.5$0.01$25.5$2.47$0.83$1.64
2019Detailed filing. Detailed filing data is available for this year.$21.5$0.00$21.5$5.70$0.79$4.92
2018Detailed filing. Detailed filing data is available for this year.$19.5$0.00$19.5$2.48$0.75$1.73
2017Detailed filing. Detailed filing data is available for this year.$16.9$0.01$16.8$2.03$0.61$1.41
2016Detailed filing. Detailed filing data is available for this year.$14.6$0.01$14.6$2.01$0.57$1.43
2015Detailed filing. Detailed filing data is available for this year.$12.6$0.00$12.6$2.44$0.49$1.95
2014Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$1.45$0.42$1.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.00$0.00$9.00$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.84$0.00$7.84$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.96$0.00$5.96$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.01$3.76$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jun 6, 2025
Return Version
2023v6.0
Gross Receipts
$11,459,942
Mission and Program Overview

Mission

NONE

WELFARE BENEFITS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$31,998,663$37,604,116▲ $5,605,453
Investments in Publicly Traded Securities$31,002,924$35,097,190▲ $4,094,266
Savings and Temporary Cash Investments$738,614$2,259,332▲ $1,520,718
Accounts Receivable$232,125$236,610▲ $4,485
Cash and Non-Interest-Bearing Accounts$25,000$12,874▼ $12,126
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$31,998,663$37,606,006▲ $5,607,343
Liabilities
Accounts Payable and Accrued Expenses-$1,890-
Total Liabilities$0$1,890▲ $1,890
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,998,663$37,604,116▲ $5,605,453
Total Liabilities and Net Assets / Fund Balance$31,998,663$37,606,006▲ $5,607,343
Compensation and Service Providers

Board Members and Trustees

NameTitle
David ConderChairman
Bj SimmermanExiting Trustee
Brent SizemoreTrustee
Monte RussellTrustee
Pam AllenTrustee
Shane SullivanTrustee
Tate WrightTrustee
Steve HughartSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,602,102
Investment Income
$3,622,168
Other Revenue
$1,458
Change in Net Assets
$5,210,764

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,225,728
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$394,689
Total Revenue per Audited Statements
$6,620,417
Total Revenue per Form 990
$6,225,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,234
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---$915,730
Fees for Services Other---$26,979
Fees for Services Management---$26,872
Fees for Services Accounting---$22,055
Fees for Service Investment Mgmnt Fees---$7,000
Information Technology---$6,040
Insurance---$4,584
Fees for Services Legal---$3,992
Other Expenses---$1,425
Office Expenses---$287
Total Functional Expenses$0$0$0$1,014,964

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,014,964
Total Expenses per Audited Statements$1,014,964
Total Expenses per Form 990$1,014,964
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The trust fund administration is provided by the ibew-neca service center, inc.

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

A copy of the 990 was provided to all members of the board of trustees for their review prior to filing.

Form 990, Part VI, Section C, Line 19

The fund does not regularly provide such information to the public unless upon request. This information is for internal use and for the use of the participants of the fund.

FORM 990, PART VII, SECTION A:

The salary and benefits information for the trustees who could be considered related to the fund is reported on the respective form 990's for the entities that pay the trustee's salaries and benefits.

Filing and Contact Details

Filer

Filer Name
Board of Trustees Southern Illinois
EIN
43-1724421
Phone
3147522330
Address
5735 ELIZABETH AVENUE, ST LOUIS, MO 63110

Signing Officer

Name
David Conder
Title
Chairman
Phone
3147522330
Signed
2025-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Conder
Formed
1995
Legal Domicile
Mo
Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Anders Minkler Huber & Helm Llp
Address
800 MARKET STREET SUITE 500, ST LOUIS, MO 63101-2501
Preparer
R Christopher Madison
Phone
3146555500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from the prior year.

Financial Statement Notes

PART X, LINE 2:

In accordance with gaap, the plan's management is required to evaluate tax positions taken by the plan and recognize a tax liability if the plan has taken an uncertain position that more likely than not would be sustained upon examination by the applicable taxing authorities. The plan's management has analyzed the tax positions taken by the plan and has concluded that as of august 31, 2023 and 2022, there were no uncertain positions taken, or expected to be taken, that would require the recognition of a liability or disclosure in the financial statements. The plan sponsor believes the plan is no longer subject to income tax examinations prior to 2020. The plan is also subject to routine audits by the dol generally for six years after the statutory due date of the annual information return. There are currently no audits in progress for any tax periods.

Form 990, Part XI, Line 5

Unrealized gains/losses on investments is considered a reconciling item for revenue to the financial statements as shown above.

Raw XML AppendixShowing 400 of 989 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/Form990PartVIISectionAGrp/TitleTxt1EXITING TRUSTEE
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IRS990ScheduleD/RevenueNotReportedAmt0394689
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06225728
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH GAAP, THE PLAN'S MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. THE PLAN'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF AUGUST 31, 2023 AND 2022, THERE WERE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN SPONSOR BELIEVES THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2020. THE PLAN IS ALSO SUBJECT TO ROUTINE AUDITS BY THE DOL GENERALLY FOR SIX YEARS AFTER THE STATUTORY DUE DATE OF THE ANNUAL INFORMATION RETURN. THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAINS/LOSSES ON INVESTMENTS IS CONSIDERED A RECONCILING ITEM FOR REVENUE TO THE FINANCIAL STATEMENTS AS SHOWN ABOVE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART XI, LINE 5
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01014964
IRS990ScheduleD/TotalRevenuePerForm990Amt06225728
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06620417
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01014964
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST FUND ADMINISTRATION IS PROVIDED BY THE IBEW-NECA SERVICE CENTER, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FUND DOES NOT REGULARLY PROVIDE SUCH INFORMATION TO THE PUBLIC UNLESS UPON REQUEST. THIS INFORMATION IS FOR INTERNAL USE AND FOR THE USE OF THE PARTICIPANTS OF THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARY AND BENEFITS INFORMATION FOR THE TRUSTEES WHO COULD BE CONSIDERED RELATED TO THE FUND IS REPORTED ON THE RESPECTIVE FORM 990'S FOR THE ENTITIES THAT PAY THE TRUSTEE'S SALARIES AND BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII, SECTION A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
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