Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.51x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Balance Sheet
Assets
Up$485,817
Up $284,736 (+142%) from 2016
Net Assets
Up$236,852
Up $36,046 (+18%) from 2016
Liabilities
Up$248,965
Up $248,690 (+90433%) from 2016
Revenue And Expenses
Revenue
Up$82,190
Up $8,208 (+11%) from 2016
Expenses
Up$46,144
Up $6,334 (+16%) from 2016
Net Income
Up$36,046
Up $1,874 (+5.5%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Oct 23, 2018
- Return Version
- 2017v2.2
- Gross Receipts
- $82,190
Mission and Program Overview
Mission
The fund may provide any benefit that is permissible under the applicable provisions of the code, including, but not limited to, improve communications between the union and employers; identify and expand work opportunities for construction workers and employers;to promote efficiency in operations and the economic competitiveness of the union and the employers in the territorial jurisdiction of the union; to promote the health and safety of construction workers employed by employers and of their families; to conduct research, perform studies, collect information, develop procedures and otherwise act to minimize the hazards in the workplace of construction workers employed by employers.
The fund may provide any benefit that is permissible under the applicable provisions of the code, including, but not limited to improving communications between the union and employers. It identifies and expands work opportunities for construction workers and employers and promotes efficiency in operations and the economic competitiveness of the union and the employers in the territorial jurisdiction of the union. It also promotes the health and safety of construction workers employed by employers and of their families and conducts research, performs studies, collects information, develops procedures and otherwise acts to minimize the hazards in the workplace of construction workers employed by employers.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The fund may provide any benefit that is permissible under the applicable provisions of the code, including, but not limited to improving communications between the union and employers. It identifies and expands work opportunities for construction workers and employers and promotes efficiency in operations and the economic competitiveness of the union and the employers in the territorial jurisdiction of the union. It also promotes the health and safety of construction workers employed by employers and of their families and conducts research, performs studies, collects information, develops procedures and otherwise acts to minimize the hazards in the workplace of construction workers employed by employers. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BILL MASCETTA | Emplyr Trustee | - | $0 | - | - |
| ROSS PEPE | Emplyr Trustee | - | $0 | - | - |
| GEORGE PACCHIANA | Emplyr Trustee | - | $0 | - | - |
| CARLOS ASCENCAO | Alt Union Trust | - | $0 | - | - |
| ANTHONY ASCENCAO | Union Trustee | - | $0 | - | - |
| JACINTO FRAGOSO | Union Trustee | - | $0 | - | - |
| MICHAEL MOREIRA | Union Trustee | - | $0 | - | - |
| CHRISTINE COSTA | Fund Admin | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Local 60-cic-bac-lm Trust
- EIN
- 46-6139805
- Phone
- 9147692440
- Address
- 140 BROADWAY, HAWTHORNE, NY 10532
Signing Officer
- Name
- Anthony Ascencao
- Title
- Union Trustee
- Signed
- 2018-10-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wagner & Zwerman LLP
- Address
- 201 Old Country Road Ste 202, Melville, NY 11747-2731
- Preparer
- Andrew M Zwerman CPA
- Phone
- 6317771000
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $467”
Other Expenses.1003
“Information Technology $433”
Other Expenses.1007
“Conferences, Conventions, and Meetings $8720”
Other Expenses.1012
“Insurance $25”
Other Expenses.1
“Contributions $20650”
Other Expenses.2
“Scholarships $4000”
Other Expenses.4
“Telephone $85”
Other Assets.2
“Due from Admin Fund - Beginning $1521 Due from Admin Fund - Ending $0”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $275 Accounts Payable and Accrued Expenses - Ending $275”
Total Liabilities.1
“DUE TO ADMIN FUND - Beginning $0 DUE TO ADMIN FUND - Ending $2105”
Total Liabilities.2
“DUE TO TARGET FUND - Beginning $0 DUE TO TARGET FUND - Ending $246585”
Raw XML Appendix142 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHRISTINE COSTA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9147692440 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 140 BROADWAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HAWTHORNE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10532 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 199560 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 485817 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 36046 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6320 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 201081 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 485817 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82190 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | MODIFIED CASH |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 200806 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 236852 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 200806 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 236852 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1580 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BILL MASCETTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ROSS PEPE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GEORGE PACCHIANA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CARLOS ASCENCAO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ANTHONY ASCENCAO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JACINTO FRAGOSO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | MICHAEL MOREIRA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | CHRISTINE COSTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EMPLYR TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | EMPLYR TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | EMPLYR TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | ALT UNION TRUST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | UNION TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | UNION TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | UNION TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | FUND ADMIN |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1521 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34380 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The fund may provide any benefit that is permissible under the applicable provisions of the code, including, but not limited to improving communications between the union and employers. It identifies and expands work opportunities for construction workers and employers and promotes efficiency in operations and the economic competitiveness of the union and the employers in the territorial jurisdiction of the union. It also promotes the health and safety of construction workers employed by employers and of their families and conducts research, performs studies, collects information, develops procedures and otherwise acts to minimize the hazards in the workplace of construction workers employed by employers. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 132 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 82190 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The fund may provide any benefit that is permissible under the applicable provisions of the code, including, but not limited to improving communications between the union and employers. It identifies and expands work opportunities for construction workers and employers and promotes efficiency in operations and the economic competitiveness of the union and the employers in the territorial jurisdiction of the union. It also promotes the health and safety of construction workers employed by employers and of their families and conducts research, performs studies, collects information, develops procedures and otherwise acts to minimize the hazards in the workplace of construction workers employed by employers. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 3732 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 275 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 248965 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 46144 |
| IRS990EZ/TotalRevenueAmt | 0 | 82190 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $467 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Information Technology $433 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Conferences, Conventions, and Meetings $8720 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $25 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Contributions $20650 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Scholarships $4000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Telephone $85 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Due from Admin Fund - Beginning $1521 Due from Admin Fund - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Payable and Accrued Expenses - Beginning $275 Accounts Payable and Accrued Expenses - Ending $275 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | DUE TO ADMIN FUND - Beginning $0 DUE TO ADMIN FUND - Ending $2105 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | DUE TO TARGET FUND - Beginning $0 DUE TO TARGET FUND - Ending $246585 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANTHONY ASCENCAO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Union Trustee |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-10-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOCAL 60-CIC-BAC-LM TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOCA |
| ReturnHeader/Filer/EIN | 0 | 466139805 |
| ReturnHeader/Filer/PhoneNum | 0 | 9147692440 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 140 BROADWAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HAWTHORNE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10532 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 112836481 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Wagner & Zwerman LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 201 Old Country Road Ste 202 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Melville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 117472731 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6317771000 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANDREW M ZWERMAN CPA |
| ReturnHeader/ReturnTs | 0 | 2018-10-23T10:12:21-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $485,817
- Liabilities
- $248,965
- Net assets
- $236,852
- Revenue
- $82,190
- Expenses
- $46,144
- Net income
- $36,046