Civic Intelligence

Ironworkers Intermountain Health & Welfare Trust

990 • Fiscal year 2018 • EIN 87-6123188

Nov 01, 2017 to Oct 31, 2018 • Filed on Aug 15, 2019

2156 West 2200 SouthSalt Lake City, UT 84130

(801) 606-2425

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.10x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.11x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

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

2018 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2018

Asset Growth

90th percentile

29%

Faster asset growth than 90% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

10%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$24,453,160

Up $5,504,702 (+29%) from 2017

Net Assets

Up

$22,009,091

Up $5,163,951 (+31%) from 2017

Liabilities

Up

$2,444,069

Up $340,751 (+16%) from 2017

Revenue

Up

$22,794,315

Up $2,159,172 (+10%) from 2017

Expenses

Down

$17,356,720

Down $1,538,603 (-8.1%) from 2017

Net Income

Up

$5,437,595

Up $3,697,775 (+213%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $22,085,766Liabilities 2010: $600,368Net Assets 2010: $21,485,3982010Assets 2011: $18,581,806Liabilities 2011: $506,481Net Assets 2011: $18,075,3252011Assets 2012: $17,694,743Liabilities 2012: $1,477,898Net Assets 2012: $16,216,8452012Assets 2013: $17,844,919Liabilities 2013: $1,528,116Net Assets 2013: $16,316,8032013Assets 2014: $16,971,792Liabilities 2014: $1,868,874Net Assets 2014: $15,102,9182014Assets 2015: $17,413,163Liabilities 2015: $1,949,098Net Assets 2015: $15,464,0652015Assets 2016: $16,845,498Liabilities 2016: $1,997,476Net Assets 2016: $14,848,0222016Assets 2017: $18,948,458Liabilities 2017: $2,103,318Net Assets 2017: $16,845,1402017Assets 2018: $24,453,160Liabilities 2018: $2,444,069Net Assets 2018: $22,009,0912018Assets 2019: $28,867,146Liabilities 2019: $3,267,471Net Assets 2019: $25,599,6752019Assets 2020: $32,140,353Liabilities 2020: $4,669,012Net Assets 2020: $27,471,3412020Assets 2021: $34,877,413Liabilities 2021: $5,154,741Net Assets 2021: $29,722,6722021Assets 2022: $33,523,734Liabilities 2022: $5,664,225Net Assets 2022: $27,859,5092022Assets 2023: $37,818,783Liabilities 2023: $6,910,815Net Assets 2023: $30,907,9682023Assets 2024: $45,740,636Liabilities 2024: $7,258,490Net Assets 2024: $38,482,1462024

Highlighted filing

2018

Assets$24,453,160
Liabilities$2,444,069
Net Assets$22,009,091

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $19,491,0202010Expenses 2011: $17,813,3742011Expenses 2012: $17,806,1332012Expenses 2013: $15,779,5222013Revenue 2014: $17,616,196Expenses 2014: $18,710,507Net Income 2014: -$1,094,3112014Revenue 2015: $19,749,760Expenses 2015: $18,550,542Net Income 2015: $1,199,2182015Revenue 2016: $19,041,127Expenses 2016: $18,946,446Net Income 2016: $94,6812016Revenue 2017: $20,635,143Expenses 2017: $18,895,323Net Income 2017: $1,739,8202017Revenue 2018: $22,794,315Expenses 2018: $17,356,720Net Income 2018: $5,437,5952018Revenue 2019: $20,168,586Expenses 2019: $17,669,988Net Income 2019: $2,498,5982019Revenue 2020: $20,008,058Expenses 2020: $18,652,154Net Income 2020: $1,355,9042020Revenue 2021: $19,754,771Expenses 2021: $18,632,111Net Income 2021: $1,122,6602021Revenue 2022: $19,604,764Expenses 2022: $17,460,665Net Income 2022: $2,144,0992022Revenue 2023: $21,233,427Expenses 2023: $16,833,425Net Income 2023: $4,400,0022023Revenue 2024: $24,088,802Expenses 2024: $19,584,299Net Income 2024: $4,504,5032024

Highlighted filing

2018

Revenue$22,794,315
Expenses$17,356,720
Net Income$5,437,595
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Aug 15, 2019
Return Version
2017v2.2
Gross Receipts
$22,794,315
Mission and Program Overview

Mission

Provide health & welfare benefits

Provide heath & welfare benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$16,845,140$22,009,091▲ $5,163,951
Investments in Publicly Traded Securities$13,516,623$17,741,930▲ $4,225,307
Cash and Non-Interest-Bearing Accounts$2,084,057$2,755,352▲ $671,295
Accounts Receivable$2,481,032$2,561,598▲ $80,566
Savings and Temporary Cash Investments$861,346$1,388,414▲ $527,068
Prepaid Expenses and Deferred Charges$5,400$5,866▲ $466
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$18,948,458$24,453,160▲ $5,504,702
Other Assets Total-$0-
Liabilities
Other Liabilities$1,189,003$1,587,973▲ $398,970
Accounts Payable and Accrued Expenses$914,315$856,096▼ $58,219
Total Liabilities$2,103,318$2,444,069▲ $340,751
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,845,140$22,009,091▲ $5,163,951
Total Liabilities and Net Assets / Fund Balance$18,948,458$24,453,160▲ $5,504,702
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,064,970
Investment Income
$138,849
Other Revenue
$590,496
Change in Net Assets
$5,437,595

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,770,658
Revenue Not Reported on Financial Statements
$23,657
Revenue Not Reported on Form 990
$-273,644
Total Revenue per Audited Statements
$22,497,014
Total Revenue per Form 990
$22,794,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,405,483
Salaries, Compensation, and Employee Benefits$8,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$15,942,760
All Other Expenses---$254,081
Fees for Services Legal---$98,217
Fees for Services Accounting---$73,503
Other Expenses---$69,050
Conferences and Meetings---$10,665
Payroll Taxes---$8,477
Total Functional Expenses$0$0$0$17,356,720

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$17,356,720
Expenses per Audited Statements$17,333,063
Total Expenses per Audited Statements$17,333,063
Expenses Not Reported on Financial Statements$23,657
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Reimbursement Account$1,556,605
Contractor Deposits$31,368
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is approved for filing by at least one trustee.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A business affiliate that is aware of any violations must immediately report such a violation, and the Board of Trustees investigates as appropriate.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy and financial statements are available to plan participants - not available to the general public.

Filing and Contact Details

Filer

Filer Name
Ironworkers Intermountain Health &
EIN
87-6123188
Phone
8016062425
Address
2156 WEST 2200 SOUTH, SALT LAKE CITY, UT 84130

Signing Officer

Name
Doug Thomas
Title
Trustee
Signed
2019-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Thomas
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Haynie and Company Cpas
Address
1785 West 2300 South, Salt Lake City, UT 84119-2065
Preparer
Stephen M Halley CPA
Phone
8019724800
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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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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05400
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05866
IRS990/PrincipalOfficerNm0DOUG THOMAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIBUTIONS BARGAINING
IRS990/ProgramServiceRevenueGrp/Desc1CONTRIBUTIONS NON-BARGAIN
IRS990/ProgramServiceRevenueGrp/Desc2CONTRIBUTIONS SELF PAY RE
IRS990/ProgramServiceRevenueGrp/Desc3CONTRIBUTIONS TO SUPPLEME
IRS990/ProgramServiceRevenueGrp/Desc4RECIPROCAL TRANSFERS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019777565
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1475520
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21074837
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3121244
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4501961
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019777565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1475520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21074837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3121244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4501961
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt017481198
IRS990/PYInvestmentIncomeAmt0112581
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01403921
IRS990/PYOtherRevenueAmt01045899
IRS990/PYProgramServiceRevenueAmt019476663
IRS990/PYRevenuesLessExpensesAmt01739820
IRS990/PYSalariesCompEmpBnftPaidAmt010204
IRS990/PYTotalExpensesAmt018895323
IRS990/PYTotalRevenueAmt020635143
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05437595
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016845140
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022009091
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0861346
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01388414
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt023657
IRS990ScheduleD/ExpensesSubtotalAmt017333063
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt023657
IRS990ScheduleD/InvestmentExpensesNotIncldAmt023657
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-273644
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11556605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Contractor Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Health Reimbursement Account
IRS990ScheduleD/RevenueNotReportedAmt0-273644
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt023657
IRS990ScheduleD/RevenueSubtotalAmt022770658
IRS990ScheduleD/TotalExpensesPerForm990Amt017356720
IRS990ScheduleD/TotalLiabilityAmt01587973
IRS990ScheduleD/TotalRevenuePerForm990Amt022794315
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt022497014
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017333063
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is approved for filing by at least one trustee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A business affiliate that is aware of any violations must immediately report such a violation, and the Board of Trustees investigates as appropriate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, conflict of interest policy and financial statements are available to plan participants - not available to the general public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt018948458
IRS990/TotalAssetsEOYAmt024453160
IRS990/TotalAssetsGrp/BOYAmt018948458
IRS990/TotalAssetsGrp/EOYAmt024453160
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt017356720
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02103318
IRS990/TotalLiabilitiesEOYAmt02444069
IRS990/TotalLiabilitiesGrp/BOYAmt02103318
IRS990/TotalLiabilitiesGrp/EOYAmt02444069
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016845140
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022009091
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0113843
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0113843
IRS990/TotalProgramServiceRevenueAmt022064970
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022794315
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt022794315
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018948458
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024453160
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRONWORKERS INTERMOUNTAIN HEALTH &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WELFARE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0876123188
ReturnHeader/Filer/PhoneNum08016062425
ReturnHeader/Filer/USAddress/AddressLine1Txt02156 WEST 2200 SOUTH
ReturnHeader/Filer/USAddress/CityNm0SALT LAKE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084130
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870325228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAYNIE AND COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01785 West 2300 South
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salt Lake City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0841192065
ReturnHeader/PreparerPersonGrp/PhoneNum08019724800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen M Halley CPA
ReturnHeader/ReturnTs02019-08-15T09:23:01-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-11-01
ReturnHeader/TaxPeriodEndDt02018-10-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.7$7.26$38.5$24.1$19.6$4.50
2023Detailed filing. Detailed filing data is available for this year.$37.8$6.91$30.9$21.2$16.8$4.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.5$5.66$27.9$19.6$17.5$2.14
2021Detailed filing. Detailed filing data is available for this year.$34.9$5.15$29.7$19.8$18.6$1.12
2020Detailed filing. Detailed filing data is available for this year.$32.1$4.67$27.5$20.0$18.7$1.36
2019Detailed filing. Detailed filing data is available for this year.$28.9$3.27$25.6$20.2$17.7$2.50
2018Detailed filing. Detailed filing data is available for this year.$24.5$2.44$22.0$22.8$17.4$5.44
2017Detailed filing. Detailed filing data is available for this year.$18.9$2.10$16.8$20.6$18.9$1.74
2016Detailed filing. Detailed filing data is available for this year.$16.8$2.00$14.8$19.0$18.9$0.09
2015Detailed filing. Detailed filing data is available for this year.$17.4$1.95$15.5$19.7$18.6$1.20
2014Detailed filing. Detailed filing data is available for this year.$17.0$1.87$15.1$17.6$18.7$1.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$1.53$16.3$15.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$1.48$16.2$17.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$0.51$18.1$17.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$0.60$21.5$19.5