Civic Intelligence

Local Union No 369 Electrical Workers Building Corporation

990 • Fiscal year 2016 • EIN 61-6058530

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 20, 2017

4315 Preston Highway No 102Louisville, KY 40213-2031

(502) 368-2568

Siviq Scores

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

Liabilities / Assets

57th percentile

0.28x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

2.60x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Net Margin

65th percentile

39%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Asset Growth

22nd percentile

-4.0%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

10%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,234,501

Down $94,248 (-4.0%) from 2015

Net Assets

Up

$1,608,480

Up $92,799 (+6.1%) from 2015

Liabilities

Down

$626,021

Down $187,047 (-23%) from 2015

Revenue

Up

$240,644

Up $21,984 (+10%) from 2015

Expenses

Up

$147,845

Up $4,661 (+3.3%) from 2015

Net Income

Up

$92,799

Up $17,323 (+23%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,696,009Liabilities 2011: $1,359,806Net Assets 2011: $1,336,2032011Assets 2012: $2,602,957Liabilities 2012: $1,229,207Net Assets 2012: $1,373,7502012Assets 2013: $2,514,863Liabilities 2013: $1,090,190Net Assets 2013: $1,424,6732013Assets 2014: $2,422,693Liabilities 2014: $982,488Net Assets 2014: $1,440,2052014Assets 2015: $2,328,749Liabilities 2015: $813,068Net Assets 2015: $1,515,6812015Assets 2016: $2,234,501Liabilities 2016: $626,021Net Assets 2016: $1,608,4802016Assets 2017: $2,534,555Liabilities 2017: $384,734Net Assets 2017: $2,149,8212017Assets 2018: $2,513,790Liabilities 2018: $83,875Net Assets 2018: $2,429,9152018Assets 2019: $2,594,459Liabilities 2019: $0Net Assets 2019: $2,594,4592019Assets 2020: $2,598,977Liabilities 2020: $0Net Assets 2020: $2,598,9772020Assets 2021: $2,940,515Liabilities 2021: $0Net Assets 2021: $2,940,5152021Assets 2022: $2,950,088Liabilities 2022: $0Net Assets 2022: $2,950,0882022Assets 2023: $4,717,609Liabilities 2023: $0Net Assets 2023: $4,717,6092023Assets 2024: $6,086,446Liabilities 2024: $2,493,272Net Assets 2024: $3,593,1742024

Highlighted filing

2016

Assets$2,234,501
Liabilities$626,021
Net Assets$1,608,480

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $200,1782011Expenses 2012: $174,6942012Revenue 2013: $213,735Expenses 2013: $162,812Net Income 2013: $50,9232013Revenue 2014: $186,232Expenses 2014: $170,700Net Income 2014: $15,5322014Revenue 2015: $218,660Expenses 2015: $143,184Net Income 2015: $75,4762015Revenue 2016: $240,644Expenses 2016: $147,845Net Income 2016: $92,7992016Revenue 2017: $306,322Expenses 2017: $152,061Net Income 2017: $154,2612017Revenue 2018: $347,976Expenses 2018: $134,760Net Income 2018: $213,2162018Revenue 2019: $295,251Expenses 2019: $130,707Net Income 2019: $164,5442019Revenue 2020: $201,048Expenses 2020: $196,530Net Income 2020: $4,5182020Revenue 2021: $536,817Expenses 2021: $195,279Net Income 2021: $341,5382021Revenue 2022: $237,311Expenses 2022: $227,738Net Income 2022: $9,5732022Revenue 2023: $2,177,665Expenses 2023: $410,144Net Income 2023: $1,767,5212023Revenue 2024: $377,433Expenses 2024: $471,913Net Income 2024: -$94,4802024

Highlighted filing

2016

Revenue$240,644
Expenses$147,845
Net Income$92,799
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 20, 2017
Return Version
2016v3.0
Gross Receipts
$257,988
Mission and Program Overview

Mission

NONE

Holding title to property, collecting and remitting the income, less expenses, to an exempt organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,318,239$2,227,264▼ $90,975
Cash and Non-Interest-Bearing Accounts$10,510$7,237▼ $3,273
Total Assets$2,328,749$2,234,501▼ $94,248
Liabilities
Mortgage Notes Payable Secured by Investment Property$813,068$626,021▼ $187,047
Total Liabilities$813,068$626,021▼ $187,047
Net Assets / Fund Balance
Unrestricted Net Assets$1,515,681$1,608,480▲ $92,799
Total Net Assets Fund Balance$1,515,681$1,608,480▲ $92,799
Total Liabilities and Net Assets / Fund Balance$2,328,749$2,234,501▼ $94,248

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,132,543$1,467,479-
Land$87,650--
Equipment$0$87,508-
Leasehold Improvements$7,071$167,007-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin KazunasPresident/trustee
Steve PetersVice President
Charles EssexTrustee
Paul DeomSecretary
Ronald E Gresham JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$220,400
Investment Income
$0
Other Revenue
$20,244
Change in Net Assets
$92,799

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,644
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$240,644
Total Revenue per Form 990
$240,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$147,845
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
Depreciation Depletion$81,423--$81,423
Interest$32,044--$32,044
Fees for Services Accounting-$6,529-$6,529
Other Expenses$971--$971
Total Functional Expenses$141,316$6,529$0$147,845

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$147,845
Total Expenses per Audited Statements$147,845
Total Expenses per Form 990$147,845
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership consists of all members of electrical workers local #369 ibew.

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

The election of officers is held every three (3) years. All members of electrical workers local #369 ibew are eligible to vote.

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

The form 990 tax return was delivered to the business manager and treasurer for review and signature. Before filing the tax return the business manager presents it to the executive board for their review.

Form 990, Part VI, Section C, Line 19

The organization makes financial statements and its tax return available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Local Union No 369 Electrical Workers
EIN
61-6058530
Phone
5023682568
Address
4315 PRESTON HIGHWAY NO 102, LOUISVILLE, KY 40213-2031

Signing Officer

Name
Ronald E Gresham Jr
Title
Treasurer
Phone
5023682568
Signed
2017-01-20

Organization Details

Principal Officer
Kevin Kazunas
Formed
1967
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Schmitz & Associates Psc
Address
3832 TAYLORSVILLE ROAD STE 2, LOUISVILLE, KY 40220-1369
Preparer
William P Schmitz
Phone
5024859100
Raw XML Appendix342 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP CONSISTS OF ALL MEMBERS OF ELECTRICAL WORKERS LOCAL #369 IBEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ELECTION OF OFFICERS IS HELD EVERY THREE (3) YEARS. ALL MEMBERS OF ELECTRICAL WORKERS LOCAL #369 IBEW ARE ELIGIBLE TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 TAX RETURN WAS DELIVERED TO THE BUSINESS MANAGER AND TREASURER FOR REVIEW AND SIGNATURE. BEFORE FILING THE TAX RETURN THE BUSINESS MANAGER PRESENTS IT TO THE EXECUTIVE BOARD FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES FINANCIAL STATEMENTS AND ITS TAX RETURN AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990/TotalLiabilitiesGrp/BOYAmt0813068
IRS990/TotalLiabilitiesGrp/EOYAmt0626021
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01515681
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01608480
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0141316
IRS990/TotalProgramServiceRevenueAmt0220400
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0220400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0240644
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt020244
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02328749
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02234501
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01515681
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01608480
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04315 PRESTON HIGHWAY
IRS990/USAddress/CityNm0LOUISVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040213
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD E GRESHAM JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05023682568
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL UNION NO 369 ELECTRICAL WORKERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BUILDING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0616058530
ReturnHeader/Filer/PhoneNum05023682568
ReturnHeader/Filer/USAddress/AddressLine1Txt04315 PRESTON HIGHWAY NO 102
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0402132031
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02193C3252224D359658EDA1A91C7059B9A2FE169
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02193C3252224D359658EDA1A91C7059B9A2FE169
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.190.189.112
ReturnHeader/FilingSecurityInformation/IPDt02017-01-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:25:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010559829
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHMITZ & ASSOCIATES PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03832 TAYLORSVILLE ROAD STE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402201369
ReturnHeader/PreparerPersonGrp/PhoneNum05024859100
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM P SCHMITZ
ReturnHeader/ReturnTs02017-02-14T09:25:26-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$2.49$3.59$0.38$0.47$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.72$0.00$4.72$2.18$0.41$1.77
2022Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$0.24$0.23$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$0.54$0.20$0.34
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.20$0.20$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.30$0.13$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.51$0.08$2.43$0.35$0.13$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.53$0.38$2.15$0.31$0.15$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.23$0.63$1.61$0.24$0.15$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.33$0.81$1.52$0.22$0.14$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.42$0.98$1.44$0.19$0.17$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.51$1.09$1.42$0.21$0.16$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$1.23$1.37$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$1.36$1.34$0.20