Civic Intelligence

Sheet Metal Workers Vacation Fund

990 • Fiscal year 2014 • EIN 73-6101985

Jun 01, 2013 to May 31, 2014 • Filed on Oct 03, 2014

3800 N W 36th StreetOklahoma City, OK 73112

(405) 232-1453

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.95x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

74th percentile

0.12x

Higher debt load relative to revenue than 74% of similar nonprofits.

2014 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2014

Net Margin

43rd percentile

-0.0%

Higher net margin than 43% of similar nonprofits.

2014 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$133,853

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2014 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2014

Asset Growth

18th percentile

-17%

Faster asset growth than 18% of similar nonprofits.

2014 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-13%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$213,975

Down $43,143 (-17%) from 2013

Net Assets

Down

$9,831

Down $48 (-0.5%) from 2013

Liabilities

Down

$204,144

Down $43,095 (-17%) from 2013

Revenue

Down

$1,698,061

Down $247,744 (-13%) from 2013

Expenses

Down

$1,698,109

Down $249,629 (-13%) from 2013

Net Income

Up

-$48

Up $1,885 (+98%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,146,055Liabilities 2012: $1,134,243Net Assets 2012: $11,8122012Assets 2013: $257,118Liabilities 2013: $247,239Net Assets 2013: $9,8792013Assets 2014: $213,975Liabilities 2014: $204,144Net Assets 2014: $9,8312014Assets 2015: $237,880Liabilities 2015: $227,329Net Assets 2015: $10,5512015Assets 2016: $887,864Liabilities 2016: $886,334Net Assets 2016: $1,5302016Assets 2017: $775,028Liabilities 2017: $775,028Net Assets 2017: $02017Assets 2018: $882,723Liabilities 2018: $881,806Net Assets 2018: $9172018Assets 2019: $236,238Liabilities 2019: $233,445Net Assets 2019: $2,7932019Assets 2020: $955,862Liabilities 2020: $949,676Net Assets 2020: $6,1862020Assets 2021: $766,664Liabilities 2021: $758,149Net Assets 2021: $8,5152021Assets 2022: $849,954Liabilities 2022: $839,903Net Assets 2022: $10,0512022Assets 2023: $978,877Liabilities 2023: $959,557Net Assets 2023: $19,3202023Assets 2024: $325,201Liabilities 2024: $290,062Net Assets 2024: $35,1392024Assets 2025: $303,953Liabilities 2025: $256,235Net Assets 2025: $47,7182025

Highlighted filing

2014

Assets$213,975
Liabilities$204,144
Net Assets$9,831

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $2,390,4502012Revenue 2013: $1,945,805Expenses 2013: $1,947,738Net Income 2013: -$1,9332013Revenue 2014: $1,698,061Expenses 2014: $1,698,109Net Income 2014: -$482014Revenue 2015: $1,689,018Expenses 2015: $1,688,298Net Income 2015: $7202015Revenue 2016: $1,826,211Expenses 2016: $1,835,232Net Income 2016: -$9,0212016Revenue 2017: $1,669,713Expenses 2017: $1,671,243Net Income 2017: -$1,5302017Revenue 2018: $1,688,589Expenses 2018: $1,687,672Net Income 2018: $9172018Revenue 2019: $1,806,033Expenses 2019: $1,804,157Net Income 2019: $1,8762019Revenue 2020: $1,894,597Expenses 2020: $1,891,204Net Income 2020: $3,3932020Revenue 2021: $1,533,762Expenses 2021: $1,531,433Net Income 2021: $2,3292021Revenue 2022: $1,637,734Expenses 2022: $1,636,198Net Income 2022: $1,5362022Revenue 2023: $1,870,569Expenses 2023: $1,861,300Net Income 2023: $9,2692023Revenue 2024: $2,076,817Expenses 2024: $2,060,998Net Income 2024: $15,8192024Revenue 2025: $2,211,299Expenses 2025: $2,198,720Net Income 2025: $12,5792025

Highlighted filing

2014

Revenue$1,698,061
Expenses$1,698,109
Net Income-$48
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Oct 3, 2014
Return Version
2013v3.0
Gross Receipts
$1,698,061
Mission and Program Overview

Mission

Administration of vacation benefits specified as exempt under 512(a)(3)(b).

Adminstration of vacation benefits specified as exempt under 512(a)(3)(b)

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$157,315$144,103▼ $13,212
Cash and Non-Interest-Bearing Accounts$88,096$58,227▼ $29,869
Savings and Temporary Cash Investments$11,707$11,645▼ $62
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$257,118$213,975▼ $43,143
Liabilities
Accounts Payable and Accrued Expenses$247,239$204,144▼ $43,095
Total Liabilities$247,239$204,144▼ $43,095
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,879$9,831▼ $48
Total Liabilities and Net Assets / Fund Balance$257,118$213,975▼ $43,143
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jerry G HovarterTrustee$133,853$133,853
Michael D LondonTrustee$113,951$113,951
Trent LondonTrustee$87,401$87,401

Board Members and Trustees

NameTitle
Robert E DemechkoTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,697,563
Investment Income
$498
Other Revenue
$0
Change in Net Assets
$-48

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,698,061
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,698,061
Total Revenue per Form 990
$1,698,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,385
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---$1,696,724
Office Expenses---$1,385
Total Functional Expenses$0$0$0$1,698,109

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,698,109
Total Expenses per Audited Statements$1,698,109
Total Expenses per Form 990$1,698,109
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
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

M. D. London is the father of trent london.

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

All members of the organization are allowed to vote for members of the governing body.

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

All significant decisions made by the governing body are subject to review by the full body of union members at monthly meetings.

Form 990, Part VI, Section B, Line 11

The financial secretary/business manager, a member of the governing body, is responsible for all compliance reporting and reviews form 990 before it is filed.

Form 990, Part VI, Section C, Line 19

The 990 is posted on guidestar.com by the irs to which the public has access. The form 990 is available for inspection upon on request.

Filing and Contact Details

Filer

EIN
73-6101985
Phone
4052321453

Signing Officer

Name
Jerry G Hovarter
Title
Trustee
Phone
4052321453
Signed
2014-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry G Hovarter
Formed
1967
Legal Domicile
Ok
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Phone
4052721040
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Item 2C

The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.

Raw XML Appendix367 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/ExplanationTxt0M. D. LONDON IS THE FATHER OF TRENT LONDON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE ORGANIZATION ARE ALLOWED TO VOTE FOR MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY ARE SUBJECT TO REVIEW BY THE FULL BODY OF UNION MEMBERS AT MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCIAL SECRETARY/BUSINESS MANAGER, A MEMBER OF THE GOVERNING BODY, IS RESPONSIBLE FOR ALL COMPLIANCE REPORTING AND REVIEWS FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS POSTED ON GUIDESTAR.COM BY THE IRS TO WHICH THE PUBLIC HAS ACCESS. THE FORM 990 IS AVAILABLE FOR INSPECTION UPON ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, ITEM 2C
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TRUST FORMED BY UNION CONTRACT BETWEEN THE UNION AND CONTRACTOR FOR TRAINING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1UNION REPRESENTATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3PENSION PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4PENSION PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5ACCIDENT & HEALTH BENEFIT PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine103909 WILLOW SPRINGS AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine113800 NW36TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine123800 NW36TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine133800 NW36TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine143800 NW36TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine153800 NW36TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0OKLAHOMA CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1OKLAHOMA CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City2OKLAHOMA CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City3OKLAHOMA CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City4OKLAHOMA CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City5OKLAHOMA CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State2OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State3OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State4OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State5OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode073112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode173112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode273112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode373112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode473112
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode573112
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/TotalAssetsBOYAmt0257118
IRS990/TotalAssetsEOYAmt0213975
IRS990/TotalAssetsGrp/BOYAmt0257118
IRS990/TotalAssetsGrp/EOYAmt0213975
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01698109
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0247239
IRS990/TotalLiabilitiesEOYAmt0204144
IRS990/TotalLiabilitiesGrp/BOYAmt0247239
IRS990/TotalLiabilitiesGrp/EOYAmt0204144
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09879
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09831
IRS990/TotalOtherCompensationAmt0100785
IRS990/TotalProgramServiceExpensesAmt01696724
IRS990/TotalProgramServiceRevenueAmt01697563
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01698061
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01698061
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0257118
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0213975
IRS990/TotReportableCompRltdOrgAmt0234420
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine103800 N W 36TH STREET
IRS990/USAddress/City0OKLAHOMA CITY
IRS990/USAddress/State0OK
IRS990/USAddress/ZIPCode073112
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY G HOVARTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04052321453
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine10SHEET METAL WORKERS VACATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0SHEE
ReturnHeader/Filer/EIN0736101985
ReturnHeader/Filer/PhoneNum04052321453
ReturnHeader/Filer/USAddress/AddressLine103800 N W 36TH STREET
ReturnHeader/Filer/USAddress/City0OKLAHOMA CITY
ReturnHeader/Filer/USAddress/State0OK
ReturnHeader/Filer/USAddress/ZIPCode073112
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731225615
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SMITH CARNEY & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105100 N BROOKLINE SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0731123627
ReturnHeader/PreparerPersonGrp/PhoneNum04052721040
ReturnHeader/ReturnTs02014-10-07T17:02:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-06-01
ReturnHeader/TaxPeriodEndDt02014-05-31
ReturnHeader/TaxYr02013

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.26$0.05$2.21$2.20$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.29$0.04$2.08$2.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.96$0.02$1.87$1.86$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.84$0.01$1.64$1.64$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.76$0.01$1.53$1.53$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.95$0.01$1.89$1.89$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.23$0.00$1.81$1.80$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.88$0.00$1.69$1.69$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.78$0.00$1.67$1.67$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.89$0.00$1.83$1.84$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.23$0.01$1.69$1.69$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.20$0.01$1.70$1.70$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.25$0.01$1.95$1.95$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$1.13$0.01$2.39