Civic Intelligence

Board of Trustees Ibew-Neca Holiday Trust Fund - Local 1

990 • Fiscal year 2018 • EIN 43-6063999

Nov 01, 2017 to Oct 31, 2018 • Filed on Feb 16, 2019

5735 Elizabeth AveSt Louis, MO 63110

(314) 752-2330

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

16th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2018

Net Margin

41st percentile

2.4%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2018 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2018

Asset Growth

46th percentile

1.6%

Faster asset growth than 46% of similar nonprofits.

2018 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

1.8%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$15,853,265

Up $247,001 (+1.6%) from 2017

Net Assets

Up

$15,853,265

Up $247,111 (+1.6%) from 2017

Liabilities

Down

$0

Down $110 (-100%) from 2017

Revenue

Up

$13,745,036

Up $241,199 (+1.8%) from 2017

Expenses

Up

$13,417,693

Up $772,423 (+6.1%) from 2017

Net Income

Down

$327,343

Down $531,224 (-62%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $14,268,022Liabilities 2010: $124,506Net Assets 2010: $14,143,5162010Assets 2011: $11,694,513Liabilities 2011: $10,250Net Assets 2011: $11,684,2632011Assets 2012: $10,975,572Liabilities 2012: $6,471Net Assets 2012: $10,969,1012012Assets 2013: $12,166,720Liabilities 2013: $198Net Assets 2013: $12,166,5222013Assets 2014: $11,999,330Liabilities 2014: $640Net Assets 2014: $11,998,6902014Assets 2015: $12,202,606Liabilities 2015: $918Net Assets 2015: $12,201,6882015Assets 2016: $14,868,744Liabilities 2016: $62,602Net Assets 2016: $14,806,1422016Assets 2017: $15,606,264Liabilities 2017: $110Net Assets 2017: $15,606,1542017Assets 2018: $15,853,265Liabilities 2018: $0Net Assets 2018: $15,853,2652018Assets 2019: $19,106,900Liabilities 2019: $1,097Net Assets 2019: $19,105,8032019Assets 2020: $20,238,994Liabilities 2020: $2,546Net Assets 2020: $20,236,4482020Assets 2021: $21,242,231Liabilities 2021: $45,066Net Assets 2021: $21,197,1652021Assets 2022: $23,929,661Liabilities 2022: $12,019Net Assets 2022: $23,917,6422022Assets 2023: $28,672,526Liabilities 2023: $7,327Net Assets 2023: $28,665,1992023Assets 2024: $32,957,012Liabilities 2024: $104,267Net Assets 2024: $32,852,7452024

Highlighted filing

2018

Assets$15,853,265
Liabilities$0
Net Assets$15,853,265

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $17,187,3962010Expenses 2011: $11,612,2922011Expenses 2012: $9,783,1372012Expenses 2013: $9,250,1352013Revenue 2014: $10,151,211Expenses 2014: $10,291,006Net Income 2014: -$139,7952014Revenue 2015: $10,311,477Expenses 2015: $10,096,846Net Income 2015: $214,6312015Revenue 2016: $12,986,838Expenses 2016: $10,416,320Net Income 2016: $2,570,5182016Revenue 2017: $13,503,837Expenses 2017: $12,645,270Net Income 2017: $858,5672017Revenue 2018: $13,745,036Expenses 2018: $13,417,693Net Income 2018: $327,3432018Revenue 2019: $16,672,389Expenses 2019: $13,730,928Net Income 2019: $2,941,4612019Revenue 2020: $17,213,918Expenses 2020: $16,254,612Net Income 2020: $959,3062020Revenue 2021: $18,382,652Expenses 2021: $17,137,898Net Income 2021: $1,244,7542021Revenue 2022: $21,740,642Expenses 2022: $18,391,098Net Income 2022: $3,349,5442022Revenue 2023: $26,043,976Expenses 2023: $21,340,334Net Income 2023: $4,703,6422023Revenue 2024: $28,634,627Expenses 2024: $24,953,033Net Income 2024: $3,681,5942024

Highlighted filing

2018

Revenue$13,745,036
Expenses$13,417,693
Net Income$327,343
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Feb 16, 2019
Return Version
2017v2.3
Gross Receipts
$33,615,267
Mission and Program Overview

Mission

NONE

HOLIDAY BENEFITS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$15,606,154$15,853,265▲ $247,111
Investments in Publicly Traded Securities$7,091,452$8,181,854▲ $1,090,402
Savings and Temporary Cash Investments$3,284,431$6,381,396▲ $3,096,965
Cash and Non-Interest-Bearing Accounts$4,062,500$0▼ $4,062,500
Accounts Receivable$1,167,881$1,290,015▲ $122,134
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$15,606,264$15,853,265▲ $247,001
Liabilities
Accounts Payable and Accrued Expenses$110$0▼ $110
Total Liabilities$110$0▼ $110
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,606,154$15,853,265▲ $247,111
Total Liabilities and Net Assets / Fund Balance$15,606,264$15,853,265▲ $247,001
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank JacobsChairman
Thomas George SrExiting Trustee
Donald J Bresnan JrTrustee
Kenneth Landwehr JrTrustee
Robert SenfTrustee
Tim ChettleTrustee
Douglas MartinSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,590,194
Investment Income
$143,858
Other Revenue
$10,984
Change in Net Assets
$327,343

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,727,249
Revenue Not Reported on Financial Statements
$17,787
Revenue Not Reported on Form 990
$-80,232
Total Revenue per Audited Statements
$13,647,017
Total Revenue per Form 990
$13,745,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$987,178
Other Expenses$87,857
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$12,342,658
Other Employee Benefits---$962,073
Fees for Services Accounting---$27,996
Other Salaries and Wages---$25,105
Fees for Service Investment Mgmnt Fees---$24,215
Office Expenses---$11,238
Information Technology---$4,962
Fees for Services Legal---$2,886
Insurance---$1,573
Occupancy---$1,470
Other Expenses---$1,448
Conferences and Meetings---$17
Total Functional Expenses$0$0$0$13,417,693

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,417,693
Expenses per Audited Statements$13,399,906
Total Expenses per Audited Statements$13,399,906
Expenses Not Reported on Financial Statements$17,787
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 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 uses and for the use of 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 Ibew-neca Holiday
EIN
43-6063999
Phone
3147522330
Address
5735 ELIZABETH AVE, ST LOUIS, MO 63110

Signing Officer

Name
Doug Martin
Title
Trustee
Phone
3147522330
Signed
2019-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Martin
Formed
1966
Legal Domicile
Mo
Voting Board Members
6
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 changes from the prior year

Financial Statement Notes

PART X, LINE 2:

In accordance with u.s. 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 not 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 october 31, 2018 and 2017, there are no uncertain positions taken, or expected to be taken, that would require recognition of a liability or disclosure in the financial statements. The plan's management believes the plan is no longer subject to income tax examinations for years prior to 2015. The plan is also subject to routine audits by the department of labor, 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.

Raw XML AppendixShowing 400 of 868 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH U.S. 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 NOT 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 OCTOBER 31, 2018 AND 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN'S MANAGEMENT BELIEVES THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2015. THE PLAN IS ALSO SUBJECT TO ROUTINE AUDITS BY THE DEPARTMENT OF LABOR, 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/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990/ScheduleJRequiredInd00
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 USES AND FOR THE USE OF 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 CHANGES 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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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.0$0.10$32.9$28.6$25.0$3.68
2023Detailed filing. Detailed filing data is available for this year.$28.7$0.01$28.7$26.0$21.3$4.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$0.01$23.9$21.7$18.4$3.35
2021Detailed filing. Detailed filing data is available for this year.$21.2$0.05$21.2$18.4$17.1$1.24
2020Detailed filing. Detailed filing data is available for this year.$20.2$0.00$20.2$17.2$16.3$0.96
2019Detailed filing. Detailed filing data is available for this year.$19.1$0.00$19.1$16.7$13.7$2.94
2018Detailed filing. Detailed filing data is available for this year.$15.9$0.00$15.9$13.7$13.4$0.33
2017Detailed filing. Detailed filing data is available for this year.$15.6$0.00$15.6$13.5$12.6$0.86
2016Detailed filing. Detailed filing data is available for this year.$14.9$0.06$14.8$13.0$10.4$2.57
2015Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.2$10.3$10.1$0.21
2014Detailed filing. Detailed filing data is available for this year.$12.0$0.00$12.0$10.2$10.3$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.00$12.2$9.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.01$11.0$9.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$0.01$11.7$11.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.12$14.1$17.2