Civic Intelligence

Construction Workers' Trust Fund

990 • Fiscal year 2014 • EIN 52-6037528

Oct 01, 2013 to Sep 30, 2014 • Filed on Jun 17, 2015

10440 Little Patuxent Parkway No70021044-3594

(410) 884-1417

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.20x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

84th percentile

0.30x

Higher debt load relative to revenue than 84% of similar nonprofits.

2014 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2014

Net Margin

65th percentile

9.2%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2014 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2014

Asset Growth

88th percentile

26%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$13,122,545

Up $2,693,760 (+26%) from 2013

Net Assets

Up

$10,480,342

Up $915,457 (+9.6%) from 2013

Liabilities

Up

$2,642,203

Up $1,778,303 (+206%) from 2013

Revenue

$8,859,387

No earlier filing loaded for comparison.

Expenses

Up

$8,043,869

Up $1,545,345 (+24%) from 2013

Net Income

$815,518

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $6,979,493Liabilities 2010: $763,022Net Assets 2010: $6,216,4712010Assets 2011: $7,812,735Liabilities 2011: $1,100,821Net Assets 2011: $6,711,9142011Assets 2012: $9,193,851Liabilities 2012: $830,328Net Assets 2012: $8,363,5232012Assets 2013: $10,428,785Liabilities 2013: $863,900Net Assets 2013: $9,564,8852013Assets 2014: $13,122,545Liabilities 2014: $2,642,203Net Assets 2014: $10,480,3422014Assets 2015: $12,636,367Liabilities 2015: $2,365,704Net Assets 2015: $10,270,6632015Assets 2016: $14,390,742Liabilities 2016: $2,740,302Net Assets 2016: $11,650,4402016Assets 2017: $13,791,208Liabilities 2017: $2,586,121Net Assets 2017: $11,205,0872017Assets 2018: $14,432,493Liabilities 2018: $98,952Net Assets 2018: $14,333,5412018Assets 2019: $19,418,390Liabilities 2019: $104,901Net Assets 2019: $19,313,4892019Assets 2020: $20,074,219Liabilities 2020: $143,064Net Assets 2020: $19,931,1552020Assets 2021: $21,214,729Liabilities 2021: $104,644Net Assets 2021: $21,110,0852021Assets 2022: $16,955,892Liabilities 2022: $69,192Net Assets 2022: $16,886,7002022Assets 2023: $16,952,647Liabilities 2023: $69,947Net Assets 2023: $16,882,7002023Assets 2024: $18,698,225Liabilities 2024: $57,158Net Assets 2024: $18,641,0672024

Highlighted filing

2014

Assets$13,122,545
Liabilities$2,642,203
Net Assets$10,480,342

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,986,1622010Expenses 2011: $6,495,8712011Expenses 2012: $6,228,8932012Expenses 2013: $6,498,5242013Revenue 2014: $8,859,387Expenses 2014: $8,043,869Net Income 2014: $815,5182014Revenue 2015: $10,417,181Expenses 2015: $10,578,574Net Income 2015: -$161,3932015Revenue 2016: $11,502,671Expenses 2016: $10,420,232Net Income 2016: $1,082,4392016Revenue 2017: $10,168,991Expenses 2017: $10,719,224Net Income 2017: -$550,2332017Revenue 2018: $10,989,785Expenses 2018: $7,765,315Net Income 2018: $3,224,4702018Revenue 2019: $14,061,233Expenses 2019: $9,621,936Net Income 2019: $4,439,2972019Revenue 2020: $10,587,503Expenses 2020: $10,683,308Net Income 2020: -$95,8052020Revenue 2021: $10,829,672Expenses 2021: $10,020,464Net Income 2021: $809,2082021Revenue 2022: $9,922,026Expenses 2022: $11,809,517Net Income 2022: -$1,887,4912022Revenue 2023: $11,700,349Expenses 2023: $11,773,799Net Income 2023: -$73,4502023Revenue 2024: $10,756,461Expenses 2024: $10,546,148Net Income 2024: $210,3132024

Highlighted filing

2014

Revenue$8,859,387
Expenses$8,043,869
Net Income$815,518
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jun 17, 2015
Return Version
2013v4.0
Gross Receipts
$9,622,687
Mission and Program Overview

Mission

Providing health benefits to union members

Providing health benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$9,564,885$10,480,342▲ $915,457
Investments in Publicly Traded Securities$6,368,703$7,423,454▲ $1,054,751
Savings and Temporary Cash Investments$1,750,376$3,098,318▲ $1,347,942
Accounts Receivable$1,604,975$1,824,293▲ $219,318
Cash and Non-Interest-Bearing Accounts$704,731$776,480▲ $71,749
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$10,428,785$13,122,545▲ $2,693,760
Liabilities
Other Liabilities$797,402$2,591,280▲ $1,793,878
Accounts Payable and Accrued Expenses$66,498$50,923▼ $15,575
Total Liabilities$863,900$2,642,203▲ $1,778,303
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,564,885$10,480,342▲ $915,457
Total Liabilities and Net Assets / Fund Balance$10,428,785$13,122,545▲ $2,693,760
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$8,196,611
Program Service Revenue
$0
Investment Income
$175,743
Other Revenue
$487,033
All Other Contributions
$8,196,611
Change in Net Assets
$815,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,859,087
Revenue Not Reported on Financial Statements
$300
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,859,087
Total Revenue per Form 990
$8,859,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$675,220
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$7,368,649--$7,368,649
Fees for Services Management-$303,417-$303,417
Fees for Services Legal-$84,445-$84,445
Insurance-$40,028-$40,028
Fees for Services Other-$23,000-$23,000
Other Expenses-$20,128-$20,128
Fees for Services Accounting-$12,875-$12,875
All Other Expenses-$7,601-$7,601
Fees for Service Investment Mgmnt Fees-$3,800-$3,800
Conferences and Meetings-$2,158-$2,158
Total Functional Expenses$7,368,649$675,220$0$8,043,869

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,043,869
Expenses per Audited Statements$7,923,752
Total Expenses per Audited Statements$7,923,752
Expenses Not Reported on Financial Statements$120,117
Other Expense Adjustments$120,117
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
Vacation Benefits Payable$1,644,953
Benefit Claims Payable$907,560
Accrued Interest Payable$20,568
Due to Broker$9,782
Due to Other Funds$8,417
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Reviewed by the board chaiman prior to signing

Form 990, Part VI, Section B, Line 12

The organization follows all erisa guidelines with respect to conflicts of interest

Form 990, Part VI, Section C, Line 18

All required documents are made available upon written request

Form 990, Part VI, Section C, Line 19

All required documents are made available upon written request

Filing and Contact Details

Filer

EIN
52-6037528
Phone
4108841417

Signing Officer

Name
James Anastase
Title
Chairman
Phone
4108841417
Signed
2015-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Anastase
Formed
1952
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Preparer
G Arthur Little
Phone
4109873313
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer from laborer's vacation fund 99,939.

FORM 990; PART XII; LINE 2C

The oversight and selection processes did not change

Financial Statement Notes

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Accrual adjustment 120,117.

Raw XML AppendixShowing 400 of 407 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/OtherLiabilitiesOrgGrp/Desc3DUE TO OTHER FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4VACATION BENEFITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0300
IRS990ScheduleD/RevenueSubtotalAmt08859087
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCRUAL ADJUSTMENT 120,117.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt08043869
IRS990ScheduleD/TotalLiabilityAmt02591280
IRS990ScheduleD/TotalRevenuePerForm990Amt08859387
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08859087
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07923752
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY THE BOARD CHAIMAN PRIOR TO SIGNING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION FOLLOWS ALL ERISA GUIDELINES WITH RESPECT TO CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL REQUIRED DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUIRED DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER FROM LABORER'S VACATION FUND 99,939.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OVERSIGHT AND SELECTION PROCESSES DID NOT CHANGE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990; PART XII; LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10LABORERS' DISTRICT COUNCIL PENSION FUND FOR BALTIMORE AND VICINTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11LABORERS' DISTRICT COUNCIL VACATION FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0526135360
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1237228896
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(9)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(9)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNION PENSION BENEFITS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1UNION VACATION FUND BENEFITS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1010440 LITTLE PATUXENT PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1110440 LITTLE PATUXENT PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0COLUMBIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1COLUMBIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode021104
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode121104
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010428785
IRS990/TotalAssetsEOYAmt013122545
IRS990/TotalAssetsGrp/BOYAmt010428785
IRS990/TotalAssetsGrp/EOYAmt013122545
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08196611
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0675220
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07368649
IRS990/TotalFunctionalExpensesGrp/TotalAmt08043869
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0863900
IRS990/TotalLiabilitiesEOYAmt02642203
IRS990/TotalLiabilitiesGrp/BOYAmt0863900
IRS990/TotalLiabilitiesGrp/EOYAmt02642203
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09564885
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010480342
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07368649
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0175743
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0487033
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08859387
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010428785
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013122545
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine106650 BELAIR ROAD
IRS990/USAddress/City0BALTIMORE
IRS990/USAddress/State0MD
IRS990/USAddress/ZIPCode021206
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES ANASTASE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum04108841417
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10CONSTRUCTION WORKERS' TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0CONS
ReturnHeader/Filer/EIN0526037528
ReturnHeader/Filer/PhoneNum04108841417
ReturnHeader/Filer/USAddress/AddressLine1010440 LITTLE PATUXENT PARKWAY NO
ReturnHeader/Filer/USAddress/AddressLine20700
ReturnHeader/Filer/USAddress/City0COLUMBIA
ReturnHeader/Filer/USAddress/State0MD
ReturnHeader/Filer/USAddress/ZIPCode0210443594
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522334868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10GRANDIZIO WILKINS LITTLE & MATTHEWS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108370 VETERANS HIGHWAY SUITE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MILLERSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode021108

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.7$0.06$18.6$10.8$10.5$0.21
2023Detailed filing. Detailed filing data is available for this year.$17.0$0.07$16.9$11.7$11.8$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$0.07$16.9$9.92$11.8$1.89
2021Detailed filing. Detailed filing data is available for this year.$21.2$0.10$21.1$10.8$10.0$0.81
2020Detailed filing. Detailed filing data is available for this year.$20.1$0.14$19.9$10.6$10.7$0.10
2019Detailed filing. Detailed filing data is available for this year.$19.4$0.10$19.3$14.1$9.62$4.44
2018Detailed filing. Detailed filing data is available for this year.$14.4$0.10$14.3$11.0$7.77$3.22
2017Detailed filing. Detailed filing data is available for this year.$13.8$2.59$11.2$10.2$10.7$0.55
2016Detailed filing. Detailed filing data is available for this year.$14.4$2.74$11.7$11.5$10.4$1.08
2015Detailed filing. Detailed filing data is available for this year.$12.6$2.37$10.3$10.4$10.6$0.16
2014Detailed filing. Detailed filing data is available for this year.$13.1$2.64$10.5$8.86$8.04$0.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.86$9.56$6.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$0.83$8.36$6.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.81$1.10$6.71$6.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.98$0.76$6.22$6.99
Peer Organizations

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