Civic Intelligence

Sheet Metal Workers Local No 4 Vacation Fund

990 • Fiscal year 2016 • EIN 62-6080018

May 01, 2015 to Apr 30, 2016 • Filed on Feb 10, 2017

PO Box 1449Goodlettsville, TN 37070-1449

(615) 859-0131

Siviq Scores

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

Liabilities / Assets

97th percentile

1.01x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)9 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

1.00x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)9 • <$500k nonprofits • Source year 2016

Net Margin

52nd percentile

0.8%

Higher net margin than 52% of similar nonprofits.

2016 filings • 501(c)9 • <$500k nonprofits • Source year 2016

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2016 filings • 501(c)9 • <$500k nonprofits • Source year 2016

Asset Growth

34th percentile

-9.1%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)9 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-8.9%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)9 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$261,430

Down $26,151 (-9.1%) from 2015

Net Assets

Up

-$2,506

Up $2,094 (+46%) from 2015

Liabilities

Down

$263,936

Down $28,245 (-9.7%) from 2015

Revenue

Down

$264,251

Down $25,754 (-8.9%) from 2015

Expenses

Down

$262,157

Down $34,836 (-12%) from 2015

Net Income

Up

$2,094

Up $9,082 (+130%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $335,712Liabilities 2011: $327,313Net Assets 2011: $8,3992011Assets 2012: $289,120Liabilities 2012: $282,393Net Assets 2012: $6,7272012Assets 2013: $252,824Liabilities 2013: $248,235Net Assets 2013: $4,5892013Assets 2014: $268,885Liabilities 2014: $266,497Net Assets 2014: $2,3882014Assets 2015: $287,581Liabilities 2015: $292,181Net Assets 2015: -$4,6002015Assets 2016: $261,430Liabilities 2016: $263,936Net Assets 2016: -$2,5062016Assets 2017: $256,953Liabilities 2017: $258,456Net Assets 2017: -$1,5032017Assets 2018: $271,699Liabilities 2018: $273,306Net Assets 2018: -$1,6072018Assets 2019: $291,983Liabilities 2019: $305,617Net Assets 2019: -$13,6342019Assets 2020: $274,298Liabilities 2020: $281,571Net Assets 2020: -$7,2732020Assets 2021: $283,955Liabilities 2021: $292,375Net Assets 2021: -$8,4202021Assets 2022: $265,853Liabilities 2022: $266,661Net Assets 2022: -$8082022Assets 2023: $313,671Liabilities 2023: $313,134Net Assets 2023: $5372023Assets 2024: $822,980Liabilities 2024: $823,098Net Assets 2024: -$1182024Assets 2025: $839,404Liabilities 2025: $827,989Net Assets 2025: $11,4152025

Highlighted filing

2016

Assets$261,430
Liabilities$263,936
Net Assets-$2,506

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $327,169Expenses 2011: $342,963Net Income 2011: -$15,7942011Revenue 2012: $284,726Expenses 2012: $286,398Net Income 2012: -$1,6722012Revenue 2013: $249,073Expenses 2013: $251,211Net Income 2013: -$2,1382013Revenue 2014: $266,842Expenses 2014: $269,043Net Income 2014: -$2,2012014Revenue 2015: $290,005Expenses 2015: $296,993Net Income 2015: -$6,9882015Revenue 2016: $264,251Expenses 2016: $262,157Net Income 2016: $2,0942016Revenue 2017: $260,227Expenses 2017: $259,224Net Income 2017: $1,0032017Revenue 2018: $275,048Expenses 2018: $275,152Net Income 2018: -$1042018Revenue 2019: $291,032Expenses 2019: $303,059Net Income 2019: -$12,0272019Revenue 2020: $291,156Expenses 2020: $284,795Net Income 2020: $6,3612020Revenue 2021: $288,714Expenses 2021: $289,861Net Income 2021: -$1,1472021Revenue 2022: $271,990Expenses 2022: $264,378Net Income 2022: $7,6122022Revenue 2023: $315,466Expenses 2023: $314,121Net Income 2023: $1,3452023Revenue 2024: $826,281Expenses 2024: $826,936Net Income 2024: -$6552024Revenue 2025: $924,187Expenses 2025: $912,654Net Income 2025: $11,5332025

Highlighted filing

2016

Revenue$264,251
Expenses$262,157
Net Income$2,094
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Feb 10, 2017
Return Version
2015v3.0
Gross Receipts
$264,251
Mission and Program Overview

Mission

The provision of benefits to plan participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$262,770--
Cash and Non-Interest-Bearing Accounts-$235,714-
Accounts Receivable$23,662$24,961▲ $1,299
Prepaid Expenses and Deferred Charges$1,149$755▼ $394
Rtn Earn Endowment Incm Other Fnds$-4,600$-2,506▲ $2,094
Total Assets$287,581$261,430▼ $26,151
Liabilities
Accounts Payable and Accrued Expenses$292,181$263,936▼ $28,245
Total Liabilities$292,181$263,936▼ $28,245
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,600$-2,506▲ $2,094
Total Liabilities and Net Assets / Fund Balance$287,581$261,430▼ $26,151
Compensation and Service Providers

Board Members and Trustees

NameTitle
John WilliamsChairman
David W Sink JrTrustee
Wayne BenningtonTrustee
Gordon JonesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$264,191
Investment Income
$60
Other Revenue
$0
Change in Net Assets
$2,094

Audited Revenue Reconciliation

Revenue per Audited Statements
$264,251
Total Revenue per Audited Statements
$264,251
Total Revenue per Form 990
$264,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,369
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---$254,788
Fees for Services Management---$1,800
Fees for Services Accounting---$700
Office Expenses---$351
Other Expenses---$50
Total Functional Expenses$0$0$0$262,157

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$262,157
Total Expenses per Audited Statements$262,157
Total Expenses per Form 990$262,157
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
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

Sheet metal workers l.u. No. 4 sheet metal workers l.u. No. 4 chairman trustee work for same local

Form 990, Page 6, Part VI, Line 3

Southern benefit administrators, inc.

Form 990, Page 6, Part VI, Line 7A

The employer trustees are appointed to the board by the west tennessee sheet metal contractors association and the union trustees are appointed by the sheet metal workers local union no. 4.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the entire board of trustees. It is then signed and filed.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are reviewed continually and any issues that arise are handled at regular board meetings.

Form 990, Page 6, Part VI, Line 15A

The members of the board of trustees are not compensated in any way. A third party administrator was hired by the board of trustees to manage the fund and was selected, had its qualifications reviewed and compensation determined by competitive comparison by the entire board of trustees.

Form 990, Page 6, Part VI, Line 15B

The members of the board of trustees are not compensated in any way. A third party administrator was hired by the board of trustees to manage the fund and was selected, had its qualifications reviewed and compensation determined by competitive comparison by the entire board of trustees.

Form 990, Page 6, Part VI, Line 19

Available upon request. All communications include reference to documents being available upon request.

Filing and Contact Details

Filer

Filer Name
Sheet Metal Workers Local No 4
EIN
62-6080018
Phone
6158590131
Address
PO BOX 1449, GOODLETTSVILLE, TN 37070-1449

Signing Officer

Name
John Williams
Title
Chairman
Phone
6158220483
Signed
2017-02-10

Organization Details

Principal Officer
John Williams
Formed
1967
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Daniels Irwin & Aylor
Address
223 MADISON STREET SUITE 112, MADISON, TN 37115-3660
Preparer
Douglas a Irwin
Phone
6158686008
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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/ExplanationTxt0SHEET METAL WORKERS L.U. NO. 4 SHEET METAL WORKERS L.U. NO. 4 CHAIRMAN TRUSTEE WORK FOR SAME LOCAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOUTHERN BENEFIT ADMINISTRATORS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EMPLOYER TRUSTEES ARE APPOINTED TO THE BOARD BY THE WEST TENNESSEE SHEET METAL CONTRACTORS ASSOCIATION AND THE UNION TRUSTEES ARE APPOINTED BY THE SHEET METAL WORKERS LOCAL UNION NO. 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE ENTIRE BOARD OF TRUSTEES. IT IS THEN SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE REVIEWED CONTINUALLY AND ANY ISSUES THAT ARISE ARE HANDLED AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MEMBERS OF THE BOARD OF TRUSTEES ARE NOT COMPENSATED IN ANY WAY. A THIRD PARTY ADMINISTRATOR WAS HIRED BY THE BOARD OF TRUSTEES TO MANAGE THE FUND AND WAS SELECTED, HAD ITS QUALIFICATIONS REVIEWED AND COMPENSATION DETERMINED BY COMPETITIVE COMPARISON BY THE ENTIRE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE MEMBERS OF THE BOARD OF TRUSTEES ARE NOT COMPENSATED IN ANY WAY. A THIRD PARTY ADMINISTRATOR WAS HIRED BY THE BOARD OF TRUSTEES TO MANAGE THE FUND AND WAS SELECTED, HAD ITS QUALIFICATIONS REVIEWED AND COMPENSATION DETERMINED BY COMPETITIVE COMPARISON BY THE ENTIRE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST. ALL COMMUNICATIONS INCLUDE REFERENCE TO DOCUMENTS BEING AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1AMERICAN VENTURE INDUSTRIAL COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2CS3 CONTRACTING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3DAMON-MARCUS COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4JOHN W MCDOUGALL COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5KINETIC SYSTEMS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6M&W MAINTENANCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt7MORGAN & THORNBURG
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt8O H HENDRICKS & SON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt9RALPH JONES SHEET METAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt10SOUTH CENTRAL CONTRACTORS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt11STANDARD SHEET METAL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt12WALKER J WALKER
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0PHILLIPS GENERAL CONTRACTING LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1SYSTEMATIC TESTING & BALANCING LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SHEET METAL WORKERS LOCAL UNION NO
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0287581
IRS990/TotalAssetsEOYAmt0261430
IRS990/TotalAssetsGrp/BOYAmt0287581
IRS990/TotalAssetsGrp/EOYAmt0261430
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0262157
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0292181
IRS990/TotalLiabilitiesEOYAmt0263936
IRS990/TotalLiabilitiesGrp/BOYAmt0292181
IRS990/TotalLiabilitiesGrp/EOYAmt0263936
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4600
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2506
IRS990/TotalProgramServiceRevenueAmt0264191
IRS990/TotalRevenueGrp/ExclusionAmt060
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0264191
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0264251
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0287581
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0261430
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06158220483
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHEET METAL WORKERS LOCAL NO 4
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VACATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0SHEE
ReturnHeader/Filer/EIN0626080018
ReturnHeader/Filer/PhoneNum06158590131
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1449
ReturnHeader/Filer/USAddress/CityNm0GOODLETTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0370701449
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621802605
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIELS IRWIN & AYLOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0223 MADISON STREET SUITE 112
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0371153660
ReturnHeader/PreparerPersonGrp/PhoneNum06158686008
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS A IRWIN
ReturnHeader/ReturnTs02017-02-15T16:40:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.39$8.28$0.11$9.24$9.13$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.23$8.23$0.00$8.26$8.27$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$3.13$0.01$3.15$3.14$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$2.67$0.01$2.72$2.64$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$2.92$0.08$2.89$2.90$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$2.82$0.07$2.91$2.85$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$3.06$0.14$2.91$3.03$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$2.73$0.02$2.75$2.75$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.57$2.58$0.02$2.60$2.59$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.61$2.64$0.03$2.64$2.62$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.88$2.92$0.05$2.90$2.97$0.07
2014Summary only. Only limited summary data is available for this year.$2.69$2.66$0.02$2.67$2.69$0.02
2013Summary only. Only limited summary data is available for this year.$2.53$2.48$0.05$2.49$2.51$0.02
2012Summary only. Only limited summary data is available for this year.$2.89$2.82$0.07$2.85$2.86$0.02
2011Summary only. Only limited summary data is available for this year.$3.36$3.27$0.08$3.27$3.43$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)9 • <$500k nonprofits