Civic Intelligence

Ironworkers Intermountain Health & Welfare Trust

990 • Fiscal year 2020 • EIN 87-6123188

Nov 01, 2019 to Oct 31, 2020 • Filed on Aug 17, 2021

1293 West 2200 South Suite ASalt Lake City, UT 84119

(801) 606-2425

Siviq Scores

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

Liabilities / Assets

69th percentile

0.15x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.23x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2020

Net Margin

49th percentile

6.8%

Higher net margin than 49% of similar nonprofits.

2020 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2020 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2020

Asset Growth

62nd percentile

11%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

-0.8%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$32,140,353

Up $3,273,207 (+11%) from 2019

Net Assets

Up

$27,471,341

Up $1,871,666 (+7.3%) from 2019

Liabilities

Up

$4,669,012

Up $1,401,541 (+43%) from 2019

Revenue

Down

$20,008,058

Down $160,528 (-0.8%) from 2019

Expenses

Up

$18,652,154

Up $982,166 (+5.6%) from 2019

Net Income

Down

$1,355,904

Down $1,142,694 (-46%) from 2019

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

2020

Assets$32,140,353
Liabilities$4,669,012
Net Assets$27,471,341

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

2020

Revenue$20,008,058
Expenses$18,652,154
Net Income$1,355,904
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Aug 17, 2021
Return Version
2019v5.0
Gross Receipts
$20,008,058
Mission and Program Overview

Mission

Provide health & welfare benefits

Provide heath & welfare benefits

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$25,599,675$27,471,341▲ $1,871,666
Investments in Publicly Traded Securities$20,230,151$27,416,592▲ $7,186,441
Accounts Receivable$2,352,696$2,527,125▲ $174,429
Cash and Non-Interest-Bearing Accounts$4,044,425$2,114,221▼ $1,930,204
Prepaid Expenses and Deferred Charges$5,866$74,525▲ $68,659
Savings and Temporary Cash Investments$2,234,008$7,890▼ $2,226,118
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$28,867,146$32,140,353▲ $3,273,207
Other Assets Total-$0-
Liabilities
Other Liabilities$2,466,467$3,499,910▲ $1,033,443
Accounts Payable and Accrued Expenses$801,004$1,169,102▲ $368,098
Total Liabilities$3,267,471$4,669,012▲ $1,401,541
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,599,675$27,471,341▲ $1,871,666
Total Liabilities and Net Assets / Fund Balance$28,867,146$32,140,353▲ $3,273,207
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,540,123
Investment Income
$451,777
Other Revenue
$16,158
Change in Net Assets
$1,355,904

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,987,622
Revenue Not Reported on Financial Statements
$20,436
Revenue Not Reported on Form 990
$515,762
Total Revenue per Audited Statements
$20,503,384
Total Revenue per Form 990
$20,008,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,468,656
Salaries, Compensation, and Employee Benefits$28,134
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$17,155,364
All Other Expenses---$266,751
Fees for Services Legal---$110,364
Other Expenses---$109,215
Fees for Services Accounting---$69,226
Payroll Taxes---$28,134
Conferences and Meetings---$3,107
Total Functional Expenses$0$0$0$18,652,154

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,652,154
Expenses per Audited Statements$18,631,718
Total Expenses per Audited Statements$18,631,718
Expenses Not Reported on Financial Statements$20,436
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$3,390,457
Contractor Deposits$75,401
Accrued Expenses & Other Liabilities$34,052
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
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
1293 WEST 2200 SOUTH SUITE A, SALT LAKE CITY, UT 84119

Signing Officer

Name
Lillian Santillanes
Title
Trustee
Signed
2021-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lillian Santillanes
Voting Board Members
10
Independent Board Members
10
Employees
75

Preparer

Firm
Haynie & Company
Address
1785 WEST 2300 SOUTH, SALT LAKE CITY, UT 84119
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/ProgramServiceRevenueGrp/Desc0CONTRIBUTIONS BARGAINING
IRS990/ProgramServiceRevenueGrp/Desc1CONTRIBUTIONS NON-BARGAIN
IRS990/ProgramServiceRevenueGrp/Desc2CONTRIBUTIONS SELF PAY AC
IRS990/ProgramServiceRevenueGrp/Desc3CONTRIBUTIONS SELF PAY RE
IRS990/ProgramServiceRevenueGrp/Desc4RECIPROCAL TRANSFERS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017457421
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1742258
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt293252
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3793003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4391376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017457421
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1742258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt293252
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3793003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4391376
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt016110799
IRS990/PYInvestmentIncomeAmt0234535
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01546355
IRS990/PYOtherRevenueAmt024646
IRS990/PYProgramServiceRevenueAmt019909405
IRS990/PYRevenuesLessExpensesAmt02498598
IRS990/PYSalariesCompEmpBnftPaidAmt012834
IRS990/PYTotalExpensesAmt017669988
IRS990/PYTotalRevenueAmt020168586
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01355904
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt025599675
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt027471341
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02234008
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07890
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt020436
IRS990ScheduleD/ExpensesSubtotalAmt018631718
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt020436
IRS990ScheduleD/InvestmentExpensesNotIncldAmt020436
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0515762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034052
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt175401
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23390457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES & OTHER LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Contractor Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Health Reimbursement
IRS990ScheduleD/RevenueNotReportedAmt0515762
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt020436
IRS990ScheduleD/RevenueSubtotalAmt019987622
IRS990ScheduleD/TotalExpensesPerForm990Amt018652154
IRS990ScheduleD/TotalLiabilityAmt03499910
IRS990ScheduleD/TotalRevenuePerForm990Amt020008058
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020503384
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt018631718
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt028867146
IRS990/TotalAssetsEOYAmt032140353
IRS990/TotalAssetsGrp/BOYAmt028867146
IRS990/TotalAssetsGrp/EOYAmt032140353
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt075
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt018652154
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03267471
IRS990/TotalLiabilitiesEOYAmt04669012
IRS990/TotalLiabilitiesGrp/BOYAmt03267471
IRS990/TotalLiabilitiesGrp/EOYAmt04669012
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025599675
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027471341
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt062813
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt062813
IRS990/TotalProgramServiceRevenueAmt019540123
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020008058
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt020008058
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028867146
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032140353
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01293 WEST 2200 SOUTH SUITE A
IRS990/USAddress/CityNm0SALT LAKE CITY
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084119
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LILLIAN SANTILLANES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRONWORKERS INTERMOUNTAIN HEALTH &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WELFARE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0876123188
ReturnHeader/Filer/PhoneNum08016062425
ReturnHeader/Filer/USAddress/AddressLine1Txt01293 WEST 2200 SOUTH SUITE A
ReturnHeader/Filer/USAddress/CityNm0SALT LAKE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084119
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870325228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAYNIE & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01785 WEST 2300 SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALT LAKE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084119
ReturnHeader/PreparerPersonGrp/PhoneNum08019724800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen M Halley CPA
ReturnHeader/ReturnTs02021-08-17T15:59:49-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-11-01
ReturnHeader/TaxPeriodEndDt02020-10-31
ReturnHeader/TaxYr02019

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