Civic Intelligence

Local 354 Building Association

990 • Fiscal year 2022 • EIN 74-2443113

Jan 01, 2022 to Dec 31, 2022 • Filed on May 08, 2023

Organization Profilewww.ibew354.org
2100 South 3400 WestSalt Lake City, UT 84119

(801) 972-9354

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2022

Net Margin

50th percentile

12%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$133,428

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 50.6% of source-year revenue.

2022 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2022

Asset Growth

73rd percentile

2.3%

Faster asset growth than 73% of similar nonprofits.

2022 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.5%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$1,357,986

Up $31,020 (+2.3%) from 2021

Net Assets

Up

$1,357,986

Up $31,020 (+2.3%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin50th percentile

Revenue

Down

$263,944

Down $1,252 (-0.5%) from 2021

Expenses

Up

$232,924

Up $55,075 (+31%) from 2021

Net Income

Down

$31,020

Down $56,327 (-64%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,852,254Liabilities 2010: $1,438,886Net Assets 2010: $413,3682010Assets 2011: $1,774,417Liabilities 2011: $1,309,793Net Assets 2011: $464,6242011Assets 2012: $1,647,423Liabilities 2012: $1,165,414Net Assets 2012: $482,0092012Assets 2013: $1,552,596Liabilities 2013: $1,063,461Net Assets 2013: $489,1352013Assets 2014: $1,584,945Liabilities 2014: $1,171,892Net Assets 2014: $413,0532014Assets 2015: $1,517,643Liabilities 2015: $1,187,213Net Assets 2015: $330,4302015Assets 2016: $1,451,749Liabilities 2016: $1,251,348Net Assets 2016: $200,4012016Assets 2017: $1,400,921Liabilities 2017: $0Net Assets 2017: $1,400,9212017Assets 2018: $1,366,914Liabilities 2018: $0Net Assets 2018: $1,366,9142018Assets 2019: $1,293,049Liabilities 2019: $0Net Assets 2019: $1,293,0492019Assets 2020: $1,239,619Liabilities 2020: $0Net Assets 2020: $1,239,6192020Assets 2021: $1,326,966Liabilities 2021: $0Net Assets 2021: $1,326,9662021Assets 2022: $1,357,986Liabilities 2022: $0Net Assets 2022: $1,357,9862022Assets 2023: $2,387,388Liabilities 2023: $0Net Assets 2023: $2,387,3882023Assets 2024: $3,016,214Liabilities 2024: $0Net Assets 2024: $3,016,2142024

Highlighted filing

2022

Assets$1,357,986
Liabilities$0
Net Assets$1,357,986
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $260,6952010Expenses 2011: $240,5922011Revenue 2012: $291,009Expenses 2012: $273,624Net Income 2012: $17,3852012Revenue 2013: $275,721Expenses 2013: $268,595Net Income 2013: $7,1262013Revenue 2014: $194,911Expenses 2014: $270,993Net Income 2014: -$76,0822014Revenue 2015: $194,891Expenses 2015: $277,514Net Income 2015: -$82,6232015Revenue 2016: $195,511Expenses 2016: $325,540Net Income 2016: -$130,0292016Revenue 2017: $194,910Expenses 2017: $245,120Net Income 2017: -$50,2102017Revenue 2018: $214,212Expenses 2018: $248,219Net Income 2018: -$34,0072018Revenue 2019: $141,996Expenses 2019: $215,861Net Income 2019: -$73,8652019Revenue 2020: $136,038Expenses 2020: $189,468Net Income 2020: -$53,4302020Revenue 2021: $265,196Expenses 2021: $177,849Net Income 2021: $87,3472021Revenue 2022: $263,944Expenses 2022: $232,924Net Income 2022: $31,0202022Revenue 2023: $1,264,591Expenses 2023: $235,189Net Income 2023: $1,029,4022023Revenue 2024: $926,645Expenses 2024: $297,819Net Income 2024: $628,8262024

Highlighted filing

2022

Revenue$263,944
Expenses$232,924
Net Income$31,020
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 8, 2023
Return Version
2022v5.0
Gross Receipts
$263,944
Mission and Program Overview

Mission

TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THAT PROPERTY, AND REMIT ALL INCOME TO AN ORGANIZATION EXEMPT UNDER SECTION 501 (c)(5).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,271,835$1,279,834▲ $7,999
Cash and Non-Interest-Bearing Accounts$55,131$78,152▲ $23,021
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,326,966$1,357,986▲ $31,020
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,326,966$1,357,986▲ $31,020
Total Net Assets Fund Balance$1,326,966$1,357,986▲ $31,020
Total Liabilities and Net Assets / Fund Balance$1,326,966$1,357,986▲ $31,020

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$566,240$1,279,845$1,846,085
Leasehold Improvements$494,050$1,318,471$1,812,521
Land$205,000-$205,000
Other Land Buildings$11,828$72,898$84,726
Equipment$2,716$23,537$26,253
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleOtherTotal
Steve WoodmanBus Mgr/fin Sec$133,428$133,428
Codey LindsayPres/exec Brd$117,825$117,825
Jared BrydsonRec Sec/exec Bd$112,177$112,177
Bryce HardingExec Brd/job St$25,511$25,511
Derek CaldwellTreas/exec Brd$20,755$20,755
Gary SatterfieldExec Brd/job St$15,770$15,770
William MyersVP/job St/exam$11,403$11,403
Todd BaughExecutive Board$10,059$10,059
Shawn StewartExec Brd/job St$7,430$7,430
Boyce ChristensenExecutive Board$4,575$4,575
Michael RobertsExec Brd/comm$3,356$3,356
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$263,944
Change in Net Assets
$31,020

Audited Revenue Reconciliation

Revenue per Audited Statements
$263,944
Total Revenue per Audited Statements
$263,944
Total Revenue per Form 990
$263,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,924
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---$83,139
Other Expenses---$37,470
Office Expenses---$5,269
Total Functional Expenses$0$0$0$232,924

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$232,924
Total Expenses per Audited Statements$232,924
Total Expenses per Form 990$232,924
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A draft 990 is prepared by the outside CPA and provided to officers. Once approved, the outside CPA is authorized to file the 990 electronically.”

Form 990, Part VI, Section B, Line 12C

“Conflicts of interest are required to be reported as they arise. These are monitored during regular board meetings.”

Form 990, Part VI, Section B, Line 15A

“Compensation is provided through related entity - XXX-XX-XXXX. Compensation through that entity is determined in compliance with the Local By-Laws and/or collective bargaining agreement. By-laws and collective bargaining agreements are voted upon and ratified by the membership.”

Form 990, Part VI, Section B, Line 15B

“Compensation is provided through related entity - XXX-XX-XXXX. Compensation through that entity is determined in compliance with the Local By-Laws and/or collective bargaining agreement. By-laws and collective bargaining agreements are voted upon and ratified by the membership.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are not made available to the general public.”

Filing and Contact Details

Filer

Filer Name
Local 354 Building Association
EIN
74-2443113
Phone
8019729354
Address
2100 SOUTH 3400 WEST, SALT LAKE CITY, UT 84119

Signing Officer

Name
Steve Woodman
Title
Bus Mngr/fincl Sec
Signed
2023-05-08
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
11
Independent Board Members
0
Employees
0

Preparer

Firm
Haynie & Company
Address
1785 WEST 2300 SOUTH, SALT LAKE CITY, UT 84119
Preparer
Stephen M Halley CPA
Phone
8019724800
Raw XML AppendixShowing 400 of 420 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THAT PROPERTY, AND REMIT ALL INCOME TO AN ORGANIZATION EXEMPT UNDER SECTION 501 (c)(5).
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0STEVE WOODMAN
IRS990/BooksInCareOfDetail/PhoneNum08019729354
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02100 SOUTH 3400 WEST
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALT LAKE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084119
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt055131
IRS990/CashNonInterestBearingGrp/EOYAmt078152
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0232924
IRS990/CYOtherRevenueAmt0263944
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt031020
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0232924
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0263944
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt083139
IRS990/Desc0RENTED OVER 85% OF OFFICE SPACE TO THREE EXEMPT ENTITIES:I.B.E.W. LOCAL NO. 354, IBEW LOCAL UNION 57, AND THEI.B.E.W. LOCAL 354 FEDERAL CREDIT UNION
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt049.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt313.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt58.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt66.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE WOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1CODEY LINDSAY
IRS990/Form990PartVIISectionAGrp/PersonNm2JARED BRYDSON
IRS990/Form990PartVIISectionAGrp/PersonNm3BRYCE HARDING
IRS990/Form990PartVIISectionAGrp/PersonNm4DEREK CALDWELL
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY SATTERFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm7TODD BAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm8SHAWN STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm9BOYCE CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL ROBERTS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0133428
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1117825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2112177
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt325511
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt420755
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt515770
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt611403
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt710059
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt87430
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt94575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt103356
IRS990/Form990PartVIISectionAGrp/TitleTxt0BUS MGR/FIN SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRES/EXEC BRD
IRS990/Form990PartVIISectionAGrp/TitleTxt2REC SEC/EXEC BD
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXEC BRD/JOB ST
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREAS/EXEC BRD
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXEC BRD/JOB ST
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP/JOB ST/EXAM
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXEC BRD/JOB ST
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXEC BRD/COMM
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0263944
IRS990/GrossRentsGrp/RealAmt0168231
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02694751
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01271835
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01279834
IRS990/LandBldgEquipCostOrOtherBssAmt03974585
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM THAT PROPERTY, AND REMIT ALL INCOME TO AN ORGANIZATION EXEMPT UNDER SECTION 501 (c)(5).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01326966
IRS990/NetAssetsOrFundBalancesEOYAmt01357986
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0168231
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0168231
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01326966
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01357986
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt05269
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/TotalAmt055428
IRS990/OtherExpensesGrp/TotalAmt151618
IRS990/OtherExpensesGrp/TotalAmt237470
IRS990/OtherRevenueMiscGrp/Desc0INTERFUND REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt095713
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt095713
IRS990/OtherRevenueTotalAmt095713
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0177849
IRS990/PYOtherRevenueAmt0265196
IRS990/PYRevenuesLessExpensesAmt087347
IRS990/PYTotalExpensesAmt0177849
IRS990/PYTotalRevenueAmt0265196
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt031020
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/RealAmt0168231
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0566240
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01279845
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01846085
IRS990ScheduleD/EquipmentGrp/BookValueAmt02716
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023537
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026253
IRS990ScheduleD/ExpensesSubtotalAmt0232924
IRS990ScheduleD/LandGrp/BookValueAmt0205000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0205000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0494050
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01318471
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01812521
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011828
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt072898
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt084726
IRS990ScheduleD/RevenueSubtotalAmt0263944
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01279834
IRS990ScheduleD/TotalExpensesPerForm990Amt0232924
IRS990ScheduleD/TotalRevenuePerForm990Amt0263944
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0263944
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0232924
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft 990 is prepared by the outside CPA and provided to officers. Once approved, the outside CPA is authorized to file the 990 electronically.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflicts of interest are required to be reported as they arise. These are monitored during regular board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is provided through related entity - XXX-XX-XXXX. Compensation through that entity is determined in compliance with the Local By-Laws and/or collective bargaining agreement. By-laws and collective bargaining agreements are voted upon and ratified by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is provided through related entity - XXX-XX-XXXX. Compensation through that entity is determined in compliance with the Local By-Laws and/or collective bargaining agreement. By-laws and collective bargaining agreements are voted upon and ratified by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy and financial statements are not made available to the general public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IBEW LOCAL NO 354
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Labor Organization
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02100 SOUTH 3400 WEST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SALT LAKE CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd084119
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0106943
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AMOUNT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0IBEW LOCAL NO 354
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0j
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01326966
IRS990/TotalAssetsEOYAmt01357986
IRS990/TotalAssetsGrp/BOYAmt01326966
IRS990/TotalAssetsGrp/EOYAmt01357986
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0232924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01326966
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01357986
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0263944
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0263944
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01326966
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01357986
IRS990/TotReportableCompRltdOrgAmt0462289
IRS990/TransactionWithControlEntInd0true
IRS990/TravelGrp/TotalAmt00
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02100 SOUTH 3400 WEST
IRS990/USAddress/CityNm0SALT LAKE CITY
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084119
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.ibew354.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE WOODMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUS MNGR/FINCL SEC
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL 354 BUILDING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0742443113
ReturnHeader/Filer/PhoneNum08019729354

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,357,986
Liabilities
$0
Net assets
$1,357,986
Revenue
$263,944
Expenses
$232,924
Net income
$31,020
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.00$3.02$0.93$0.30$0.63
2023Summary only. Only limited summary data is available for this year.$2.39$0.00$2.39$1.26$0.24$1.03
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.26$0.23$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.00$1.33$0.27$0.18$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.24$0.14$0.19$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.29$0.14$0.22$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$0.21$0.25$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.00$1.40$0.19$0.25$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$1.25$0.20$0.20$0.33$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$1.19$0.33$0.19$0.28$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.58$1.17$0.41$0.19$0.27$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.55$1.06$0.49$0.28$0.27$0.01
2012Summary only. Only limited summary data is available for this year.$1.65$1.17$0.48$0.29$0.27$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$1.31$0.46$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$1.44$0.41$0.26