Civic Intelligence

Hrsa-Ila Welfare Fund

990 • Fiscal year 2011 • EIN 54-0489826

Oct 01, 2010 to Sep 30, 2011 • Filed on May 10, 2012

1355 International Terminal Blvd23505-1458
Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Higher debt load relative to assets than 46% of similar nonprofits.

2011 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

12th percentile

-38%

Faster asset growth than 12% of similar nonprofits.

2011 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$585,650

Down $360,753 (-38%) from 2010

Net Assets

Down

$585,260

Down $253,175 (-30%) from 2010

Liabilities

Down

$390

Down $107,578 (-100%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$3,919,765

Down $2,172,100 (-36%) from 2010

Net Income

-

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.

$1.0M$500K$0Assets 2010: $946,403Liabilities 2010: $107,968Net Assets 2010: $838,4352010Assets 2011: $585,650Liabilities 2011: $390Net Assets 2011: $585,2602011Assets 2012: $686,438Liabilities 2012: $30,271Net Assets 2012: $656,1672012Assets 2013: $528,190Liabilities 2013: $32,778Net Assets 2013: $495,4122013Assets 2014: $451,733Liabilities 2014: $3,559Net Assets 2014: $448,1742014Assets 2015: $536,603Liabilities 2015: $23,679Net Assets 2015: $512,9242015Assets 2016: $617,714Liabilities 2016: $13,597Net Assets 2016: $604,1172016Assets 2017: $585,592Liabilities 2017: $19,725Net Assets 2017: $565,8672017Assets 2018: $465,126Liabilities 2018: $23,114Net Assets 2018: $442,0122018Assets 2019: $454,956Liabilities 2019: $14,874Net Assets 2019: $440,0822019Assets 2020: $418,968Liabilities 2020: $24,421Net Assets 2020: $394,5472020Assets 2021: $422,177Liabilities 2021: $26,400Net Assets 2021: $395,7772021Assets 2022: $477,533Liabilities 2022: $16,177Net Assets 2022: $461,3562022Assets 2023: $997,304Liabilities 2023: $230,737Net Assets 2023: $766,5672023Assets 2024: $696,708Liabilities 2024: $215,541Net Assets 2024: $481,1672024

Highlighted filing

2011

Assets$585,650
Liabilities$390
Net Assets$585,260

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $6,091,8652010Expenses 2011: $3,919,7652011Expenses 2012: $3,139,6332012Revenue 2013: $2,417Expenses 2013: $3,166,322Net Income 2013: -$3,163,9052013Revenue 2014: $290,613Expenses 2014: $3,640,851Net Income 2014: -$3,350,2382014Revenue 2015: $9,601Expenses 2015: $3,405,507Net Income 2015: -$3,395,9062015Revenue 2016: $6,834Expenses 2016: $3,119,349Net Income 2016: -$3,112,5152016Revenue 2017: $869Expenses 2017: $2,820,767Net Income 2017: -$2,819,8982017Revenue 2018: $1,815Expenses 2018: $3,299,181Net Income 2018: -$3,297,3662018Revenue 2019: $1,314Expenses 2019: $2,929,294Net Income 2019: -$2,927,9802019Revenue 2020: $445Expenses 2020: $3,113,299Net Income 2020: -$3,112,8542020Revenue 2021: $215Expenses 2021: $3,143,555Net Income 2021: -$3,143,3402021Revenue 2022: $206Expenses 2022: $3,756,619Net Income 2022: -$3,756,4132022Revenue 2023: $323Expenses 2023: $2,736,384Net Income 2023: -$2,736,0612023Revenue 2024: $867Expenses 2024: $2,994,667Net Income 2024: -$2,993,8002024

Highlighted filing

2011

Revenue-
Expenses$3,919,765
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2010 to Sep 30, 2011
Signed
May 10, 2012
Return Version
2010v3.4
Gross Receipts
$1,590
Mission and Program Overview

Mission

See schedule o:the fund is and shall constitute an irrevocable trust pursuant to section 302(c) of the labor management relations act of 1947 to provide certain life, supplemental medical, accident and other benefits, on an insured or self-insured basis, to certain employees of the longshore industry. Fund benefits may (as determined by the board of trustees from time to time) include vacation benefits, recreational benefits, child care facilities, job readjustment allowances, income maintenance payments, disaster assistance, supplemental unemployment compensation benefits as defined in irc section 501(c)(17)(d)(i), education or training benefits, and any other benefit permitted under section 501(c)(9). The fund shall not provide health care or other benefits which are provided by the mila managed health care trust fund, or any successor thereto.

Filing and Contact Details

Filer

EIN
54-0489826
Raw XML AppendixShowing 400 of 510 raw XML fields

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IRS990/MissionDescription0SEE SCHEDULE O:THE FUND IS AND SHALL CONSTITUTE AN IRREVOCABLE TRUST PURSUANT TO SECTION 302(C) OF THE LABOR MANAGEMENT RELATIONS ACT OF 1947 TO PROVIDE CERTAIN LIFE, SUPPLEMENTAL MEDICAL, ACCIDENT AND OTHER BENEFITS, ON AN INSURED OR SELF-INSURED BASIS, TO CERTAIN EMPLOYEES OF THE LONGSHORE INDUSTRY. FUND BENEFITS MAY (AS DETERMINED BY THE BOARD OF TRUSTEES FROM TIME TO TIME) INCLUDE VACATION BENEFITS, RECREATIONAL BENEFITS, CHILD CARE FACILITIES, JOB READJUSTMENT ALLOWANCES, INCOME MAINTENANCE PAYMENTS, DISASTER ASSISTANCE, SUPPLEMENTAL UNEMPLOYMENT COMPENSATION BENEFITS AS DEFINED IN IRC SECTION 501(C)(17)(D)(I), EDUCATION OR TRAINING BENEFITS, AND ANY OTHER BENEFIT PERMITTED UNDER SECTION 501(C)(9). THE FUND SHALL NOT PROVIDE HEALTH CARE OR OTHER BENEFITS WHICH ARE PROVIDED BY THE MILA MANAGED HEALTH CARE TRUST FUND, OR ANY SUCCESSOR THERETO.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION HAS NO STOCKHOLDERS, BUT MEMBER-EMPLOYERS OF THE HAMPTON ROADS SHIPPING ASSOCIATION (HRSA) AND MEMBERS OF THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION (ILA) SPONSOR THE FUND.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBER-EMPLOYERS OF THE HAMPTON ROADS SHIPPING ASSOCIATION (HRSA), WHICH ARE THE EMPLOYER COMPANIES IN THIS PORT, ELECT THE 7 MANAGEMENT TRUSTEES ON THE FUND'S GOVERNING BOARD. MEMBERS OF THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION (ILA) / HAMPTON ROADS DISTRICT COUNCIL, WHICH ARE UNION LOCAL SPONSORS, ELECT 7 LABOR TRUSTEES ON THE FUND'S GOVERNING BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation2FORM 990 DRAFTS ARE SENT TO THE MEETING OF THE BOARD OF TRUSTEES FOR REVIEW AND QUESTIONS PRIOR TO FINAL SIGNATURE. IF THE TIMING IS SUCH THAT THE RETURNS MUST BE SIGNED PRIOR TO THE NEXT MEETING, COPIES WILL BE SENT TO BOARD MEMBERS VIA EMAIL.
IRS990ScheduleO/GeneralExplanation/Explanation3ANNUALLY, EACH MEMBER OF THE HRSA-ILA BOARD OF TRUSTEES MUST REAFFIRM COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND SIGN A LETTER TO THAT EFFECT.
IRS990ScheduleO/GeneralExplanation/Explanation4THE PROCESS FOR DETERMINING COMPENSATION OF THE TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES INCLUDES: A COMPENSATION STUDY, AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY, AND APPROVAL BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/GeneralExplanation/Explanation5AVAILABILITY IS DISCLOSED IN THE ANNUAL SAR, AND THE DOCUMENTS ARE MADE AVAILABLE AT THE FUND OFFICE UPON REQUEST BY ANY PARTICIPANT.
IRS990ScheduleO/GeneralExplanation/Explanation6TRANSFER FROM HRSA-ILA FRINGE BENEFIT ESCROW FUND 3,665,000. TOTAL TO FORM 990, PART XI, LINE 5: 3,665,000.
IRS990ScheduleO/GeneralExplanation/Explanation7THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier3CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/Identifier4THE PROCESS FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XI, LINE 2C
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine101355 INTERNATIONAL TERMINAL BLVD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine111355 INTERNATIONAL TERMINAL BLVD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine121355 INTERNATIONAL TERMINAL BLVD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine131355 INTERNATIONAL TERMINAL BLVD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine141355 INTERNATIONAL TERMINAL BLVD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine151355 INTERNATIONAL TERMINAL BLVD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City1NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City2NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City3NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City4NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City5NORFOLK
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0VA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1VA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State2VA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State3VA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State4VA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State5VA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode0235051458
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode1235051458
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode2235051458
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode3235051458
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode4235051458
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode5235051458
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg10
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg20
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg30
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg40
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg50
IRS990ScheduleR/Form990ScheduleRPartII/EIN0540506055
IRS990ScheduleR/Form990ScheduleRPartII/EIN1541220256
IRS990ScheduleR/Form990ScheduleRPartII/EIN2540852223
IRS990ScheduleR/Form990ScheduleRPartII/EIN3541218271
IRS990ScheduleR/Form990ScheduleRPartII/EIN4541160614
IRS990ScheduleR/Form990ScheduleRPartII/EIN5541839163
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501 (A)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection1501 (C) (9)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection2501 (C) (6)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection3501 (C) (9)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection4501 (C) (9)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection5501 (A)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0VA
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState1VA
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState2VA
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState3VA
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState4VA
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState5VA
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10HRSA-ILA PENSION PLAN
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine11HRSA-ILA VACATION & HOLIDAY FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine12HRSA-ILA CONTAINER ROYALTY FUND NO 1
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine13HRSA-ILA FRINGE BENEFIT ESCROW FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine14HRSA-ILA DAVID D ALSTON SCHOLARSHIP FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine15HRSA-ILA ANNUITY & SAVINGS PLAN
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0PENSION PLAN
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities1TO PROVIDE VACATION AND HOLIDAY BENEFITS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities2TO PROVIDE SUPPLEMENTAL CASH BENEFITS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities3FUNDING FOR THE HRSA-ILA WELFARE FUND
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities4TO PROVIDE SCHOLARSHIPS TO ELIGIBLE INDIVIDUALS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.22$0.48$0.00$2.99$2.99
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.23$0.77$0.00$2.74$2.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.02$0.46$0.00$3.76$3.76
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.03$0.40$0.00$3.14$3.14
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.39$0.00$3.11$3.11
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$0.00$2.93$2.93
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.02$0.44$0.00$3.30$3.30
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.57$0.00$2.82$2.82
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.60$0.01$3.12$3.11
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.51$0.01$3.41$3.40
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.29$3.64$3.35
2013Summary only. Only limited summary data is available for this year.$0.53$0.03$0.50$0.00$3.17$3.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.03$0.66$3.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$3.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.11$0.84$6.09