Civic Intelligence

Millwrights Local Union No 443

EIN 55-0571785 • 501(c)3 • Parkersburg, WV

Profile

NONE

4600 Camden AvenueParkersburg, WV 26101

wvapprenticeships.com

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.13x

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

501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$171,853

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 59.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

44th percentile

0.7%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

4.2%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$956,743

Up $6,813 (+0.7%) from 2019

Liabilities

Up

$37,770

Up $37,770 from 2019

Net Assets

Down

$918,973

Down $30,957 (-3.3%) from 2019

Revenue

Up

$291,507

Up $11,765 (+4.2%) from 2019

Expenses

Down

$322,464

Down $335 (-0.1%) from 2019

Net Income

Up

-$30,957

Up $12,100 (+28%) from 2019

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,263,559Liabilities 2011: $7,500Net Assets 2011: $1,256,0592011Assets 2012: $1,219,055Liabilities 2012: $8,121Net Assets 2012: $1,210,9342012Assets 2013: $1,188,650Liabilities 2013: $8,818Net Assets 2013: $1,179,8322013Assets 2014: $1,150,404Liabilities 2014: $6,321Net Assets 2014: $1,144,0832014Assets 2015: $1,190,770Liabilities 2015: $12,946Net Assets 2015: $1,177,8242015Assets 2016: $1,112,608Liabilities 2016: $14,978Net Assets 2016: $1,097,6302016Assets 2017: $999,730Liabilities 2017: $11,024Net Assets 2017: $988,7062017Assets 2019: $949,930Liabilities 2019: $0Net Assets 2019: $949,9302019Assets 2020: $956,743Liabilities 2020: $37,770Net Assets 2020: $918,9732020

Highlighted filing

2020

Assets$956,743
Liabilities$37,770
Net Assets$918,973

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $383,028Expenses 2011: $324,876Net Income 2011: $58,1522011Revenue 2012: $291,126Expenses 2012: $336,251Net Income 2012: -$45,1252012Revenue 2013: $250,635Expenses 2013: $281,737Net Income 2013: -$31,1022013Revenue 2014: $230,823Expenses 2014: $266,572Net Income 2014: -$35,7492014Revenue 2015: $332,616Expenses 2015: $298,875Net Income 2015: $33,7412015Revenue 2016: $291,573Expenses 2016: $371,767Net Income 2016: -$80,1942016Revenue 2017: $262,481Expenses 2017: $371,405Net Income 2017: -$108,9242017Revenue 2019: $279,742Expenses 2019: $322,799Net Income 2019: -$43,0572019Revenue 2020: $291,507Expenses 2020: $322,464Net Income 2020: -$30,9572020

Highlighted filing

2020

Revenue$291,507
Expenses$322,464
Net Income-$30,957

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 27, 2021
Return Version
2019v5.1
Gross Receipts
$291,507
Mission and Program Overview

Mission

NONE

To provide training for apprentice and journeymen millwrights so they can perform their occupations in a skilled manner

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$949,930$918,973▼ $30,957
Land, Buildings, and Equipment, Net$721,294$693,378▼ $27,916
Savings and Temporary Cash Investments$141,555$141,823▲ $268
Cash and Non-Interest-Bearing Accounts$12,081$46,542▲ $34,461
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$949,930$956,743▲ $6,813
Other Assets Total$75,000$75,000→ $0
Liabilities
Other Liabilities$0$37,770▲ $37,770
Total Liabilities$0$37,770▲ $37,770
Net Assets / Fund Balance
Total Net Assets Fund Balance$949,930$918,973▼ $30,957
Total Liabilities and Net Assets / Fund Balance$949,930$956,743▲ $6,813

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$585,689$479,249$1,064,938
Equipment$103,389$205,011$308,400
Land$4,300-$4,300
Other Assets Org$75,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clinton SuggsChairman
Jesse StacyCo-chairman
Denzil MaloneTrustee
Jonathan MillerTrustee
Kevin WituckyTrustee
Rich DelucaTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$12,000
Program Service Revenue
$263,344
Investment Income
$268
Other Revenue
$15,895
All Other Contributions
$12,000
Change in Net Assets
$-30,957

Audited Revenue Reconciliation

Revenue per Audited Statements
$291,507
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$291,507
Total Revenue per Form 990
$291,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$183,247
Other Expenses$139,217
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,324$16,645-$110,969
Other Employee Benefits$52,651$9,729-$62,380
Occupancy$41,493$7,322-$48,815
Depreciation Depletion$34,736$6,130-$40,866
Office Expenses-$10,886-$10,886
Payroll Taxes$8,413$1,485-$9,898
Fees for Services Accounting-$8,000-$8,000
Insurance-$5,988-$5,988
Fees for Services Legal-$3,263-$3,263
Other Expenses$2,478--$2,478
Conferences and Meetings$1,224--$1,224
Information Technology-$957-$957
Advertising-$600-$600
Total Functional Expenses$251,459$71,005$0$322,464

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$322,464
Total Expenses per Audited Statements$322,464
Total Expenses per Form 990$322,464
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$37,770
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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 11B

The form 990 is reviewed by the trustees and officers prior to its filing.

Form 990, Part VI, Section C, Line 19

The fund makes its governing documents and financial information available to the public only upon written request.

Filing and Contact Details

Filer

Filer Name
Millwrights Local Union No 443
EIN
55-0571785
Phone
3044221593
Address
4600 CAMDEN AVENUE, PARKERSBURG, WV 26101

Signing Officer

Name
Jesse Stacy
Title
Co-chairman
Phone
3044221593
Signed
2021-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jesse Stacy
Formed
1973
Legal Domicile
Wv
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
0

Preparer

Firm
Mspc Cpas & Advisors Pc
Address
340 NORTH AVENUE EAST, CRANFORD, NJ 07016-2496
Preparer
Robert J Jannelli
Phone
9082727000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 1

The organizations accounting method is modified cash basis of accounting. There has been no changes from previous years.

Part XII, Line 2C

The board of trustees oversees the audit of the financial statements

Financial Statement Notes

PART X, LINE 2:

The plan has obtained a determination letter in which the internal revenue service stated that the plan, as then designed, was in compliance with the applicable requirements of the internal revenue code ("irc"), and is exempt from federal income taxes under section 501(c)(3) of the irc. The plan has been amended since receiving the determination letter. However, plan management and the plan's tax counsel believe that the plan is currently designed and being operated in compliance with the applicable requirements of the irc. Therefore, they believe that the plan was qualified and the related trust was tax-exempt as of the financial statement date. Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Plan management has analyzed the tax positions taken by the plan, and has concluded that as of june 30, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN HAS OBTAINED A DETERMINATION LETTER IN WHICH THE INTERNAL REVENUE SERVICE STATED THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE ("IRC"), AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, PLAN MANAGEMENT AND THE PLAN'S TAX COUNSEL BELIEVE THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THEREFORE, THEY BELIEVE THAT THE PLAN WAS QUALIFIED AND THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF JUNE 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0693378
IRS990ScheduleD/TotalBookValueOtherAssetsAmt075000
IRS990ScheduleD/TotalExpensesPerForm990Amt0322464
IRS990ScheduleD/TotalLiabilityAmt037770
IRS990ScheduleD/TotalRevenuePerForm990Amt0291507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0291507
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0322464
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLISHES IN SCHOOL BROCHURES, MAILINGS AND PROMINENTLY DISPLAYS ITS RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT CHARGE STUDENTS FOR ADMISSION-CONTRACTORS PROVIDE FUNDS. SCHOOL DOES NOT SOLICIT CONTRIBUTIONS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0101445
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt054018
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016390
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JESSE STACY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CO-CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0171853
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE TRUSTEES AND OFFICERS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC ONLY UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS ACCOUNTING METHOD IS MODIFIED CASH BASIS OF ACCOUNTING. THERE HAS BEEN NO CHANGES FROM PREVIOUS YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MILLWRIGHTS LOCAL UNION 443
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0814239224
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE MEMBERS WITH BETTER WORKING CONDITIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04600 CAMDEN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PARKERSBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd026101
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/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0949930
IRS990/TotalAssetsEOYAmt0956743
IRS990/TotalAssetsGrp/BOYAmt0949930
IRS990/TotalAssetsGrp/EOYAmt0956743
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt012000
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071005
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0251459
IRS990/TotalFunctionalExpensesGrp/TotalAmt0322464
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt037770
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt037770
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0949930
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0918973
IRS990/TotalOtherCompensationAmt070408
IRS990/TotalProgramServiceExpensesAmt0251459

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