Civic Intelligence

Iron Workers Welfare Fund

990 • Fiscal year 2019 • EIN 81-6696028

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileN/A

View Organization Page

1750 NEW YORK AVENUE NW Suite 700Washington, DC 20006

(202) 383-4800

Siviq Scores

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

Liabilities / Assets

66th percentile

0.04x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.01x

Higher debt load relative to revenue than 54% of similar nonprofits.

2019 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2019

Net Margin

43rd percentile

0.2%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2019 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2019

Asset Growth

11th percentile

-29%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$670,251

Down $270,910 (-29%) from 2018

Net Assets

Up

$641,423

Up $5,062 (+0.8%) from 2018

Liabilities

Down

$28,828

Down $275,972 (-91%) from 2018

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin43rd percentile

Revenue

Up

$2,255,141

Up $224,045 (+11%) from 2018

Expenses

Up

$2,250,079

Up $445,534 (+25%) from 2018

Net Income

Down

$5,062

Down $221,489 (-98%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $319,095Liabilities 2016: $310,0112016Assets 2017: $754,367Liabilities 2017: $338,558Net Assets 2017: $415,8092017Assets 2018: $941,161Liabilities 2018: $304,800Net Assets 2018: $636,3612018Assets 2019: $670,251Liabilities 2019: $28,828Net Assets 2019: $641,4232019Assets 2020: $398,747Liabilities 2020: $31,669Net Assets 2020: $367,0782020Assets 2021: $1,690,816Liabilities 2021: $292,614Net Assets 2021: $1,398,2022021Assets 2022: $1,261,041Liabilities 2022: $24,165Net Assets 2022: $1,236,8762022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2019

Assets$670,251
Liabilities$28,828
Net Assets$641,423
Open 2019 Filing

Operations Trend

Revenue Growth69th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $186,307Expenses 2016: $177,223Net Income 2016: $9,0842016Revenue 2017: $1,748,586Expenses 2017: $1,341,861Net Income 2017: $406,7252017Revenue 2018: $2,031,096Expenses 2018: $1,804,545Net Income 2018: $226,5512018Revenue 2019: $2,255,141Expenses 2019: $2,250,079Net Income 2019: $5,0622019Revenue 2020: $1,917,756Expenses 2020: $2,192,101Net Income 2020: -$274,3452020Revenue 2021: $2,079,853Expenses 2021: $1,548,729Net Income 2021: $531,1242021Revenue 2022: $1,770,720Expenses 2022: $1,916,738Net Income 2022: -$146,0182022Revenue 2023: $97,063Expenses 2023: $283,767Net Income 2023: -$186,7042023

Highlighted filing

2019

Revenue$2,255,141
Expenses$2,250,079
Net Income$5,062
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$2,255,141
Mission and Program Overview

Mission

The purpose of the organization is to provide eligible employees and their families and dependents with health and welfare benefits and such other similar benefits as established under collective bargaining agreements.

To provide eligible employees and their families and dependents with health & welfare benefits and such other similar benefits as establised under collective bargaining agreements

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$636,361$641,423▲ $5,062
Accounts Receivable$159,448$374,320▲ $214,872
Cash and Non-Interest-Bearing Accounts$781,713$295,931▼ $485,782
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$941,161$670,251▼ $270,910
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$304,800$28,828▼ $275,972
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$304,800$28,828▼ $275,972
Net Assets / Fund Balance
Total Net Assets Fund Balance$636,361$641,423▲ $5,062
Total Liabilities and Net Assets / Fund Balance$941,161$670,251▼ $270,910
Compensation and Service Providers
Top Officer Pay53rd percentile

Board Members and Trustees

NameTitle
Victor CornellierManagement Trustee/co-chair
Kenneth DeanUnion Trustee/co-chair
Peter CornellierManagement Trustee
Robert RussellManagement Trustee
Anthony RosaciUnion Trustee
John BielakUnion Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,255,141
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$5,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,255,141
Total Revenue per Audited Statements
$2,255,141
Total Revenue per Form 990
$2,255,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,625
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---$2,145,454
Fees for Services Other---$49,077
Fees for Services Accounting---$29,085
Fees for Services Legal---$20,931
Insurance---$4,842
Office Expenses---$690
Total Functional Expenses$0$0$0$2,250,079

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,250,079
Total Expenses per Audited Statements$2,250,079
Total Expenses per Form 990$2,250,079
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
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

PART VI, SECTION A, LINE 2 - FAMILY & BUSINESS RELATIONSHIPS:

“Trustees victor cornellier, peter cornellier, and bob russell all have a business relationship through tsi architectural metals inc. Victor cornellier and peter cornellier have a family relationship. Kenneth dean, john bielak and anthony rosaci all have a business relationship through international association of bridge, structural, ornamental and reinforcing iron workers.”

PART VI, SECTION A, LINE 7A - SELECTION OF TRUSTEES:

“The board of trustees shall consist of 6 natural persons designated as follows: (1) 3 trustees shall be designated by the general president of the international association of bridge, structural, ornamental and reinforcing iron workers (trustees"). (2) 3 trustees shall be designated by the contributing employers who make up the management committee (collectively, "employer trustees"). The total number of union and employer trustees so desginated shall at all times be equal, regardless of the number of employer groups or other contributing employers who may be contributing to the trust fund or parties to this indenture. The board of trustees shall maintain and administer the fund and the plan as provided for in this trust.”

PART VI, SECTION A, LINE 8B - OTHER COMMITTEES:

“No other committees exist.”

PART VI, SECTION B, LINE 11A - FORM 990 REVIEW PROCESS:

“The form 990 is prepared by an independent certified public accountant firm ('cpa firm'), engaged by the fund, who distributed a draft copy of the return to the fund administrator, board of trustees and outside legal counsel for their review and comment. Upon completion of their review, any recommended changes or questions are sent to the cpa firm for discussion and upon any final revisions, a new draft is submitted for the board of trustees approval prior to the electronic filing of the return. Return.”

PART VI, SECTION C, LINE 19-AVAILABILITY OF GOVERNING DOCUMENTS:

“The governing documents are available upon request to the public and provided to covered individuals under the plan as required by the employee retirement income security act of 1974.”

Filing and Contact Details

Filer

Filer Name
Iron Workers Welfare Fund
EIN
81-6696028
In Care Of
% JULIE SHUMEK
Phone
2023834800
Address
1750 NEW YORK AVENUE NW Suite 700, WASHINGTON, DC 20006

Signing Officer

Name
Kenneth Dean
Title
Trustee
Phone
2023834800
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Dean
Formed
2016
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Withumsmithbrownpc
Address
4600 EAST WEST HWY 900, BETHESDA, MD 20814-3423
Preparer
Richard L Ruvelson
Phone
3012726000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2 - FIN 48 FOOTNOTE:

“Accounting principles generally accepted in the united states of america require management of the plan to evaluate tax positions taken and recognize a tax liability if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 2019, there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements.”

Raw XML AppendixShowing 400 of 402 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/AccountsPayableAccrExpnssGrp/BOYAmt0304800
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028828
IRS990/AccountsReceivableGrp/BOYAmt0159448
IRS990/AccountsReceivableGrp/EOYAmt0374320
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE ELIGIBLE EMPLOYEES AND THEIR FAMILIES AND DEPENDENTS WITH HEALTH & WELFARE BENEFITS AND SUCH OTHER SIMILAR BENEFITS AS ESTABLISED UNDER COLLECTIVE BARGAINING AGREEMENTS
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt02145454
IRS990/BooksInCareOfDetail/PersonNm0JULIE SHUMEK
IRS990/BooksInCareOfDetail/PhoneNum04124712885
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03 GATEWAY CENTER 401 LIBERTY AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PITTSBURGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015222
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0636361
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0641423
IRS990/CashNonInterestBearingGrp/BOYAmt0781713
IRS990/CashNonInterestBearingGrp/EOYAmt0295931
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt02145454
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0104625
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02255141
IRS990/CYRevenuesLessExpensesAmt05062
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02250079
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02255141
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PROVIDE ELIGIBLE EMPLOYEES AND THEIR FAMILIES AND DEPENDENTS WITH HEALTH BENEFITS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt029085
IRS990/FeesForServicesLegalGrp/TotalAmt020931
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt049077
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt239.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt539.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN BIELAK
IRS990/Form990PartVIISectionAGrp/PersonNm1PETER CORNELLIER
IRS990/Form990PartVIISectionAGrp/PersonNm2VICTOR CORNELLIER
IRS990/Form990PartVIISectionAGrp/PersonNm3KENNETH DEAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ANTHONY ROSACI
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT RUSSELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1MANAGEMENT TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2MANAGEMENT TRUSTEE/CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3UNION TRUSTEE/CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4UNION TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5MANAGEMENT TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02255141
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt04842
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE ELIGIBLE EMPLOYEES AND THEIR FAMILIES AND DEPENDENTS WITH HEALTH AND WELFARE BENEFITS AND SUCH OTHER SIMILAR BENEFITS AS ESTABLISHED UNDER COLLECTIVE BARGAINING AGREEMENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0636361
IRS990/NetAssetsOrFundBalancesEOYAmt0641423
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt0690
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KENNETH DEAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02255141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02255141
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt01720696
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt083849
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02031096
IRS990/PYRevenuesLessExpensesAmt0226551
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01804545
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02031096
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05062
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt02250079
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt02255141
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT OF THE PLAN TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. IN ADDITION, THERE HAVE BEEN NO TAX RELATED INTEREST OR PENALTIES FOR THE PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2 - FIN 48 FOOTNOTE:
IRS990ScheduleD/TotalExpensesPerForm990Amt02250079
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt02255141
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02255141
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02250079
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRUSTEES VICTOR CORNELLIER, PETER CORNELLIER, AND BOB RUSSELL ALL HAVE A BUSINESS RELATIONSHIP THROUGH TSI ARCHITECTURAL METALS INC. VICTOR CORNELLIER AND PETER CORNELLIER HAVE A FAMILY RELATIONSHIP. KENNETH DEAN, JOHN BIELAK AND ANTHONY ROSACI ALL HAVE A BUSINESS RELATIONSHIP THROUGH INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES SHALL CONSIST OF 6 NATURAL PERSONS DESIGNATED AS FOLLOWS: (1) 3 TRUSTEES SHALL BE DESIGNATED BY THE GENERAL PRESIDENT OF THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS (TRUSTEES"). (2) 3 TRUSTEES SHALL BE DESIGNATED BY THE CONTRIBUTING EMPLOYERS WHO MAKE UP THE MANAGEMENT COMMITTEE (COLLECTIVELY, "EMPLOYER TRUSTEES"). THE TOTAL NUMBER OF UNION AND EMPLOYER TRUSTEES SO DESGINATED SHALL AT ALL TIMES BE EQUAL, REGARDLESS OF THE NUMBER OF EMPLOYER GROUPS OR OTHER CONTRIBUTING EMPLOYERS WHO MAY BE CONTRIBUTING TO THE TRUST FUND OR PARTIES TO THIS INDENTURE. THE BOARD OF TRUSTEES SHALL MAINTAIN AND ADMINISTER THE FUND AND THE PLAN AS PROVIDED FOR IN THIS TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OTHER COMMITTEES EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT FIRM ('CPA FIRM'), ENGAGED BY THE FUND, WHO DISTRIBUTED A DRAFT COPY OF THE RETURN TO THE FUND ADMINISTRATOR, BOARD OF TRUSTEES AND OUTSIDE LEGAL COUNSEL FOR THEIR REVIEW AND COMMENT. UPON COMPLETION OF THEIR REVIEW, ANY RECOMMENDED CHANGES OR QUESTIONS ARE SENT TO THE CPA FIRM FOR DISCUSSION AND UPON ANY FINAL REVISIONS, A NEW DRAFT IS SUBMITTED FOR THE BOARD OF TRUSTEES APPROVAL PRIOR TO THE ELECTRONIC FILING OF THE RETURN. RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC AND PROVIDED TO COVERED INDIVIDUALS UNDER THE PLAN AS REQUIRED BY THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION A, LINE 2 - FAMILY & BUSINESS RELATIONSHIPS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION A, LINE 7A - SELECTION OF TRUSTEES:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION A, LINE 8B - OTHER COMMITTEES:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION B, LINE 11A - FORM 990 REVIEW PROCESS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION C, LINE 19-AVAILABILITY OF GOVERNING DOCUMENTS:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CONTINENTAL CONSTRUCTION INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1TSI ARCHITECTURAL METALS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2THE WHITACRE ENGINEERING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BOARD OF TTEESIRON WORKERS WELFARE FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PLAN SPONSOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06710 OXON HILL ROAD SUITE 450
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OXON HILL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020745
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0941161
IRS990/TotalAssetsEOYAmt0670251
IRS990/TotalAssetsGrp/BOYAmt0941161
IRS990/TotalAssetsGrp/EOYAmt0670251
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02250079
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0304800
IRS990/TotalLiabilitiesEOYAmt028828
IRS990/TotalLiabilitiesGrp/BOYAmt0304800
IRS990/TotalLiabilitiesGrp/EOYAmt028828
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0636361
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0641423
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt02255141
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02255141
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02255141
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0941161
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0670251
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01750 NEW YORK AVE NW 700
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020006
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH DEAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02023834800
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRON WORKERS WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0816696028
ReturnHeader/Filer/InCareOfNm0% JULIE SHUMEK
ReturnHeader/Filer/PhoneNum02023834800
ReturnHeader/Filer/USAddress/AddressLine1Txt01750 NEW YORK AVENUE NW Suite 700
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020006
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EBD8DFBC700724A96E49BF1A406FB658268A8823
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0833D9BA5299041826641AEDE5C1773806529F77E
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId022006220203215000181
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-16
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.190.253.84
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WITHUMSMITHBROWNPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04600 EAST WEST HWY 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208143423
ReturnHeader/PreparerPersonGrp/PhoneNum03012726000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD L RUVELSON
ReturnHeader/ReturnTs02020-11-16T15:33:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$670,251
Liabilities
$28,828
Net assets
$641,423
Revenue
$2,255,141
Expenses
$2,250,079
Net income
$5,062
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.10$0.28$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.02$1.24$1.77$1.92$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.29$1.40$2.08$1.55$0.53
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.03$0.37$1.92$2.19$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.03$0.64$2.26$2.25$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.30$0.64$2.03$1.80$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.34$0.42$1.75$1.34$0.41
2016Summary only. Only limited summary data is available for this year.$0.32$0.31$0.19$0.18$0.01