Civic Intelligence

Gig Harbor Firefighters Union Health & Welfare Trust

EIN 46-6220670 • 501(c)9 • Gig Harbor, WA

Profile

To provide health and welfare benefits to qualified participants including active and retired employees of gig harbor fire and medic one and their dependents. Plan assets are held in a trust. The plan is subject to the provisions of the employee retirement income security act of 1974 (erisa), as amended.

PO Box 518Gig Harbor, WA 98335

gigharborfirebenefits.weebly.com

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.05x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.13x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$40,552

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)9 • $10M-$25M nonprofits • Source year 2024

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-0.7%

Faster revenue growth than 29% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,536,967

Up $1,655,724 (+17%) from 2023

Liabilities

Up

$608,958

Up $362,306 (+147%) from 2023

Net Assets

Up

$10,928,009

Up $1,293,418 (+13%) from 2023

Revenue

Down

$4,818,753

Down $33,020 (-0.7%) from 2023

Expenses

Up

$3,921,512

Up $155,001 (+4.1%) from 2023

Net Income

Down

$897,241

Down $188,021 (-17%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $599,394Liabilities 2014: $0Net Assets 2014: $599,3942014Assets 2015: $3,156,295Liabilities 2015: $195,884Net Assets 2015: $2,960,4112015Assets 2016: $4,014,621Liabilities 2016: $244,207Net Assets 2016: $3,770,4142016Assets 2017: $4,790,369Liabilities 2017: $391,298Net Assets 2017: $4,399,0712017Assets 2018: $5,514,482Liabilities 2018: $262,635Net Assets 2018: $5,251,8472018Assets 2019: $7,021,853Liabilities 2019: $145,755Net Assets 2019: $6,876,0982019Assets 2020: $8,101,865Liabilities 2020: $95,892Net Assets 2020: $8,005,9732020Assets 2021: $8,971,672Liabilities 2021: $112,669Net Assets 2021: $8,859,0032021Assets 2022: $8,874,069Liabilities 2022: $362,987Net Assets 2022: $8,511,0822022Assets 2023: $9,881,243Liabilities 2023: $246,652Net Assets 2023: $9,634,5912023Assets 2024: $11,536,967Liabilities 2024: $608,958Net Assets 2024: $10,928,0092024

Highlighted filing

2024

Assets$11,536,967
Liabilities$608,958
Net Assets$10,928,009

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2014: $1,982,199Expenses 2014: $1,635,890Net Income 2014: $346,3092014Revenue 2015: $2,406,067Expenses 2015: $2,137,168Net Income 2015: $268,8992015Revenue 2016: $2,834,402Expenses 2016: $2,024,399Net Income 2016: $810,0032016Revenue 2017: $2,815,321Expenses 2017: $2,263,843Net Income 2017: $551,4782017Revenue 2018: $2,987,256Expenses 2018: $2,134,480Net Income 2018: $852,7762018Revenue 2019: $3,514,872Expenses 2019: $1,965,293Net Income 2019: $1,549,5792019Revenue 2020: $3,347,810Expenses 2020: $2,239,242Net Income 2020: $1,108,5682020Revenue 2021: $3,802,450Expenses 2021: $2,914,249Net Income 2021: $888,2012021Revenue 2022: $4,314,596Expenses 2022: $4,128,635Net Income 2022: $185,9612022Revenue 2023: $4,851,773Expenses 2023: $3,766,511Net Income 2023: $1,085,2622023Revenue 2024: $4,818,753Expenses 2024: $3,921,512Net Income 2024: $897,2412024

Highlighted filing

2024

Revenue$4,818,753
Expenses$3,921,512
Net Income$897,241

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 15, 2025
Return Version
2023v6.0
Gross Receipts
$4,818,753
Mission and Program Overview

Mission

To provide health and welfare benefits to qualified participants including active and retired employees of gig harbor fire and medic one and their dependents. Plan assets are held in a trust. The plan is subject to the provisions of the employee retirement income security act of 1974 (erisa), as amended.

To provide health and welfare benefits to qualified participants including active and retired employees of gig harbor fire and medic one and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$9,634,591$10,928,009▲ $1,293,418
Investments in Publicly Traded Securities$7,508,109$8,735,373▲ $1,227,264
Cash and Non-Interest-Bearing Accounts$1,971,700$2,364,323▲ $392,623
Accounts Receivable$401,434$437,271▲ $35,837
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$9,881,243$11,536,967▲ $1,655,724
Liabilities
Other Liabilities$190,000$532,000▲ $342,000
Accounts Payable and Accrued Expenses$56,652$76,958▲ $20,306
Total Liabilities$246,652$608,958▲ $362,306
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,634,591$10,928,009▲ $1,293,418
Total Liabilities and Net Assets / Fund Balance$9,881,243$11,536,967▲ $1,655,724
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joel SchwarzGeneral Manager/consultantPT$40,552$40,552

Board Members and Trustees

NameTitle
Jon DowerChairman
Michael DumasChairman (outgoing)
Jacob FlickTrustee
Nicholas MartinTrustee
Nicholas TruckeyTrustee
Anthony CarrSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,522,915
Investment Income
$295,838
Other Revenue
$0
Change in Net Assets
$897,241

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,820,127
Revenue Not Reported on Financial Statements
$-1,374
Revenue Not Reported on Form 990
$396,177
Total Revenue per Audited Statements
$5,216,304
Total Revenue per Form 990
$4,818,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,148
Salaries, Compensation, and Employee Benefits$41,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$3,546,803
Fees for Services Other---$239,847
Current Officers, Directors, Trustees, and Key Employees---$41,561
Fees for Services Accounting---$33,650
Fees for Services Legal---$13,011
Insurance---$9,704
Conferences and Meetings---$8,876
Travel---$8,753
Occupancy---$5,125
Other Expenses---$2,681
Office Expenses---$1,860
Fees for Service Investment Mgmnt Fees---$-1,374
Total Functional Expenses$0$0$0$3,921,512

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,921,512
Expenses per Audited Statements$3,560,580
Total Expenses per Audited Statements$3,560,580
Other Expense Adjustments$362,306
Expenses Not Reported on Financial Statements$360,932
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Claims Incurred But Not Reported$532,000
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 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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Trust manager contracted to administer trust activities as directed by the trustees.

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

Out of the five trustees positions, three are appointed by the current union elected president when the positions become vacant, and the two remaining positions are democratically elected by the union membership when vacant.

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

The trust manager reviews form 990 along with the secretary treasurer trustee prior to review by all other trustees at a trustee meeting.

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

At each trustee meeting, trustees are given the opportunity to relay any potential conflicts and the body determines any restrictions if needed.

Form 990, Part VI, Section C, Line 19

Trust agreements and policies posted on the trust website.

Filing and Contact Details

Filer

Filer Name
Gig Harbor Firefighters Union
EIN
46-6220670
Phone
2533078341
Address
PO BOX 518, GIG HARBOR, WA 98335

Signing Officer

Name
Joel Schwarz
Title
Trust Manager
Phone
2533078341
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Dower
Formed
2012
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Anastasi Moore & Martin Pllc
Address
9 S WASHINGTON ST STE 600, SPOKANE, WA 99201
Preparer
Steven R Coleman CPA
Phone
5093230272
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The trust established under the plan to hold the assets of the plan is qualified as a tax-exempt organization under section 501(c)(9) of the internal revenue code (irc). The trust obtained its latest tax determination letter dated july 31, 2015, with an effective date of exemption of august 21, 2012. In the letter, the internal revenue service stated that the trust, as then designed, was in compliance with the applicable requirements of irc. The board trustees and legal counsel believe the trust and related plan are designed and have been operated through october 31, 2024, in accordance with applicable provisions of the irc.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Change in premiums payable 362,306.

Raw XML Appendix356 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/ExplanationTxt0THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE ASSETS OF THE PLAN IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). THE TRUST OBTAINED ITS LATEST TAX DETERMINATION LETTER DATED JULY 31, 2015, WITH AN EFFECTIVE DATE OF EXEMPTION OF AUGUST 21, 2012. IN THE LETTER, THE INTERNAL REVENUE SERVICE STATED THAT THE TRUST, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF IRC. THE BOARD TRUSTEES AND LEGAL COUNSEL BELIEVE THE TRUST AND RELATED PLAN ARE DESIGNED AND HAVE BEEN OPERATED THROUGH OCTOBER 31, 2024, IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN PREMIUMS PAYABLE 362,306.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleD/TotalRevenuePerForm990Amt04818753
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05216304
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03560580
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRUST MANAGER CONTRACTED TO ADMINISTER TRUST ACTIVITIES AS DIRECTED BY THE TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUT OF THE FIVE TRUSTEES POSITIONS, THREE ARE APPOINTED BY THE CURRENT UNION ELECTED PRESIDENT WHEN THE POSITIONS BECOME VACANT, AND THE TWO REMAINING POSITIONS ARE DEMOCRATICALLY ELECTED BY THE UNION MEMBERSHIP WHEN VACANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUST MANAGER REVIEWS FORM 990 ALONG WITH THE SECRETARY TREASURER TRUSTEE PRIOR TO REVIEW BY ALL OTHER TRUSTEES AT A TRUSTEE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT EACH TRUSTEE MEETING, TRUSTEES ARE GIVEN THE OPPORTUNITY TO RELAY ANY POTENTIAL CONFLICTS AND THE BODY DETERMINES ANY RESTRICTIONS IF NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRUST AGREEMENTS AND POLICIES POSTED ON THE TRUST WEBSITE.
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/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FIRE AND MEDIC ONE UNION
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IRS990/TotalLiabilitiesGrp/EOYAmt0608958
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09634591
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010928009
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt040552
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04818753
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011536967
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt08753
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IRS990/UponRequestInd0X
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IRS990/VotingMembersGoverningBodyCnt05
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IRS990/WebsiteAddressTxt0GIGHARBORFIREBENEFITS.WEEBLY.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL SCHWARZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUST MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02533078341
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GIG HARBOR FIREFIGHTERS UNION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HEALTH & WELFARE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GIGH
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ReturnHeader/Filer/PhoneNum02533078341
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208149084
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANASTASI MOORE & MARTIN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09 S WASHINGTON ST STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPOKANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099201
ReturnHeader/PreparerPersonGrp/PhoneNum05093230272
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R COLEMAN CPA
ReturnHeader/ReturnTs02025-09-15T18:11:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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