Civic Intelligence

Dakotas Areawide Ibew-Neca Vacation & Holiday Trust Fund

990 • Fiscal year 2016 • EIN 45-0344738

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 18, 2017

C/O Nbpa PO Box 1951Fargo, ND 58107

(701) 237-4787

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Net Margin

26th percentile

-3.3%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

66th percentile

$98,239

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2016

Asset Growth

25th percentile

-4.4%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-13%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,772,285

Down $221,928 (-4.4%) from 2015

Net Assets

Down

$4,770,176

Down $212,120 (-4.3%) from 2015

Liabilities

Down

$2,109

Down $9,808 (-82%) from 2015

Revenue

Down

$6,447,150

Down $958,594 (-13%) from 2015

Expenses

Down

$6,659,131

Down $1,448,025 (-18%) from 2015

Net Income

Up

-$211,981

Up $489,431 (+70%) from 2015

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: $3,118,420Liabilities 2010: $11,893Net Assets 2010: $3,106,5272010Assets 2011: $3,467,165Liabilities 2011: $11,367Net Assets 2011: $3,455,7982011Assets 2012: $3,875,594Liabilities 2012: $9,218Net Assets 2012: $3,866,3762012Assets 2013: $4,661,812Liabilities 2013: $16,229Net Assets 2013: $4,645,5832013Assets 2014: $5,707,658Liabilities 2014: $14,046Net Assets 2014: $5,693,6122014Assets 2015: $4,994,213Liabilities 2015: $11,917Net Assets 2015: $4,982,2962015Assets 2016: $4,772,285Liabilities 2016: $2,109Net Assets 2016: $4,770,1762016Assets 2017: $4,169,602Liabilities 2017: $12,174Net Assets 2017: $4,157,4282017Assets 2018: $4,177,736Liabilities 2018: $7,731Net Assets 2018: $4,170,0052018Assets 2019: $5,068,222Liabilities 2019: $8,001Net Assets 2019: $5,060,2212019Assets 2020: $4,337,752Liabilities 2020: $7,891Net Assets 2020: $4,329,8612020Assets 2021: $4,917,933Liabilities 2021: $6,920Net Assets 2021: $4,911,0132021Assets 2022: $5,448,354Liabilities 2022: $5,994Net Assets 2022: $5,442,3602022Assets 2023: $6,395,346Liabilities 2023: $9,845Net Assets 2023: $6,385,5012023Assets 2024: $3,483,569Liabilities 2024: $7,360Net Assets 2024: $3,476,2092024

Highlighted filing

2016

Assets$4,772,285
Liabilities$2,109
Net Assets$4,770,176

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,367,6582010Revenue 2011: $4,515,759Expenses 2011: $4,163,801Net Income 2011: $351,9582011Expenses 2012: $4,819,0552012Revenue 2013: $6,470,424Expenses 2013: $5,687,667Net Income 2013: $782,7572013Revenue 2014: $7,555,298Expenses 2014: $6,504,342Net Income 2014: $1,050,9562014Revenue 2015: $7,405,744Expenses 2015: $8,107,156Net Income 2015: -$701,4122015Revenue 2016: $6,447,150Expenses 2016: $6,659,131Net Income 2016: -$211,9812016Revenue 2017: $5,707,996Expenses 2017: $6,320,744Net Income 2017: -$612,7482017Revenue 2018: $5,604,977Expenses 2018: $5,592,400Net Income 2018: $12,5772018Revenue 2019: $6,838,483Expenses 2019: $5,947,527Net Income 2019: $890,9562019Revenue 2020: $5,781,825Expenses 2020: $6,512,185Net Income 2020: -$730,3602020Revenue 2021: $6,471,191Expenses 2021: $5,890,039Net Income 2021: $581,1522021Revenue 2022: $7,178,206Expenses 2022: $6,646,859Net Income 2022: $531,3472022Revenue 2023: $8,882,277Expenses 2023: $7,939,136Net Income 2023: $943,1412023Revenue 2024: $9,859,462Expenses 2024: $12,768,754Net Income 2024: -$2,909,2922024

Highlighted filing

2016

Revenue$6,447,150
Expenses$6,659,131
Net Income-$211,981
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 18, 2017
Return Version
2016v3.0
Gross Receipts
$13,028,371
Mission and Program Overview

Mission

To provide and maintain benefits for eligible participants and their beneficiaries as specified in the plan document.

Provide vacation and holiday benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$440,034$4,019,590▲ $3,579,556
Accounts Receivable$638,757$581,199▼ $57,558
Investments in Publicly Traded Securities$3,896,226$153,553▼ $3,742,673
Cash and Non-Interest-Bearing Accounts$19,196$17,943▼ $1,253
Total Assets$4,994,213$4,772,285▼ $221,928
Liabilities
Accounts Payable and Accrued Expenses$11,917$2,109▼ $9,808
Total Liabilities$11,917$2,109▼ $9,808
Net Assets / Fund Balance
Unrestricted Net Assets$4,982,296$4,770,176▼ $212,120
Total Net Assets Fund Balance$4,982,296$4,770,176▼ $212,120
Total Liabilities and Net Assets / Fund Balance$4,994,213$4,772,285▼ $221,928
Compensation and Service Providers

Employees

NameTitleOtherTotal
Nathaniel WagersTrustee$98,239$98,239

Board Members and Trustees

NameTitle
Randy BartschChairman
Clyde WetschTrustee
James RuudTrustee
Jeremy DenaultTrustee
Ken KleverTrustee
Kory RawsternTrustee
Randy StainbrookTrustee
Greg HolzerTrustee - Past
Julie PerkinsTrustee - Past
Timothy HughesTrustee - Past
Ed ChristianSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,435,472
Investment Income
$11,678
Other Revenue
$0
Change in Net Assets
$-211,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,447,150
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-139
Total Revenue per Audited Statements
$6,447,011
Total Revenue per Form 990
$6,447,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,416
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---$6,619,715
Fees for Services Management---$14,868
Fees for Services Accounting---$8,350
Fees for Services Legal---$8,011
Office Expenses---$4,848
Conferences and Meetings---$2,470
Insurance---$816
Other Expenses---$53
Total Functional Expenses$0$0$0$6,659,131

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,659,131
Total Expenses per Audited Statements$6,659,131
Total Expenses per Form 990$6,659,131
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
Annual disclosure for covered persons
Yes
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
Yes
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

Although the trustees retain the ultimate responsibility, the trustees have delegated the day to day administrative duties to noridian mutual insurance company as the third party administrator of the fund.

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

Five trustees are appointed by the unions and five trustees are appointed by the employer contractors association.

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

Form 990 is provided to the entire board of trustees for review and approval prior to filing.

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

The trustees review the plan's conflict of interest policy annually with the plan's attorney and are required to sign an annual certification of compliance with the policy. In addition, to ensure the plan operates in a manner consistent with its purposes and does not engage in activities that could jeopardize its lawful status and fiduciary obligations, periodic reviews of compliance with the conflict of interest policy are conducted.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents,conflict of interest policy and financial statements available upon request at the plan's office.

Filing and Contact Details

Filer

Filer Name
Dakotas Areawide Ibew-neca Vacation
EIN
45-0344738
Phone
7012374787
Address
C/O NBPA PO BOX 1951, FARGO, ND 58107

Signing Officer

Name
Randy Bartsch
Title
Chairman
Phone
7012374787
Signed
2017-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Bartsch
Formed
1978
Legal Domicile
Nd
Voting Board Members
10
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
6800 FRANCE AVENUE SO SUITE 550, EDINA, MN 55435
Preparer
Eric C Baertsch
Phone
9528413950
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The plan files form 990, return of organization exempt from income tax, and form 5500, annual return/report of employee benefit plan, with the internal revenue service. The plan's returns are subject to examination until the applicable statute of limitations expire.

Raw XML AppendixShowing 400 of 792 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/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06659131
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-139
IRS990ScheduleD/RevenueNotReportedAmt0-139
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06447150
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORM 5500, ANNUAL RETURN/REPORT OF EMPLOYEE BENEFIT PLAN, WITH THE INTERNAL REVENUE SERVICE. THE PLAN'S RETURNS ARE SUBJECT TO EXAMINATION UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt06659131
IRS990ScheduleD/TotalRevenuePerForm990Amt06447150
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06447011
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06659131
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALTHOUGH THE TRUSTEES RETAIN THE ULTIMATE RESPONSIBILITY, THE TRUSTEES HAVE DELEGATED THE DAY TO DAY ADMINISTRATIVE DUTIES TO NORIDIAN MUTUAL INSURANCE COMPANY AS THE THIRD PARTY ADMINISTRATOR OF THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FIVE TRUSTEES ARE APPOINTED BY THE UNIONS AND FIVE TRUSTEES ARE APPOINTED BY THE EMPLOYER CONTRACTORS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRUSTEES REVIEW THE PLAN'S CONFLICT OF INTEREST POLICY ANNUALLY WITH THE PLAN'S ATTORNEY AND ARE REQUIRED TO SIGN AN ANNUAL CERTIFICATION OF COMPLIANCE WITH THE POLICY. IN ADDITION, TO ENSURE THE PLAN OPERATES IN A MANNER CONSISTENT WITH ITS PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS LAWFUL STATUS AND FIDUCIARY OBLIGATIONS, PERIODIC REVIEWS OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ARE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE PLAN'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd790
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd950
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd970
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd980
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd990
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1010
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1110
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3CONTRIBUTING EMPLOYER

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.01$3.48$9.86$12.8$2.91
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.01$6.39$8.88$7.94$0.94
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.45$0.01$5.44$7.18$6.65$0.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.92$0.01$4.91$6.47$5.89$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$0.01$4.33$5.78$6.51$0.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.07$0.01$5.06$6.84$5.95$0.89
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.01$4.17$5.60$5.59$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$0.01$4.16$5.71$6.32$0.61
2016Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$6.45$6.66$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.99$0.01$4.98$7.41$8.11$0.70
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$0.01$5.69$7.56$6.50$1.05
2013Detailed filing. Detailed filing data is available for this year.$4.66$0.02$4.65$6.47$5.69$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.01$3.87$4.82
2011Summary only. Only limited summary data is available for this year.$3.47$0.01$3.46$4.52$4.16$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.01$3.11$4.37