Civic Intelligence

International Brotherhood of Boilermaker Local 500

990 • Fiscal year 2014 • EIN 93-0872356

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 10, 2014

6404 North Pittsburg99217-7553

(509) 489-1891

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

51st percentile

0.00x

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

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Net Margin

2nd percentile

-104%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$0

Down $178,195 (-100%) from 2013

Net Assets

Down

$0

Down $146,130 (-100%) from 2013

Liabilities

Down

$0

Down $32,065 (-100%) from 2013

Revenue

$57,105

No earlier filing loaded for comparison.

Expenses

Down

$116,489

Down $370,014 (-76%) from 2013

Net Income

-$59,384

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $389,631Liabilities 2010: $0Net Assets 2010: $389,6312010Assets 2011: $435,165Liabilities 2011: $0Net Assets 2011: $435,1652011Assets 2012: $338,753Liabilities 2012: $5,525Net Assets 2012: $333,2282012Assets 2013: $178,195Liabilities 2013: $32,065Net Assets 2013: $146,1302013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $531,0962010Expenses 2011: $484,8722011Expenses 2012: $579,0872012Expenses 2013: $486,5032013Revenue 2014: $57,105Expenses 2014: $116,489Net Income 2014: -$59,3842014

Highlighted filing

2014

Revenue$57,105
Expenses$116,489
Net Income-$59,384
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 10, 2014
Return Version
2013v3.0
Gross Receipts
$57,105
Mission and Program Overview

Mission

The International Brotherhood of Boilermakers, Iron Shipbuilders. Blacksmiths, Forgers & Helpers, Local Lodge Number 500 (Local 500) is a trade union established to represent individuals working in various employment fields, including the boilermaker and related trades. The union promotes employment of union members, organizes employees, settles grievances, negotiates labor contracts and provides various programs for the benefit of its members.

The corporation is organized to function as a local union affiliated with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers. The purposes are entirely benevolent and protective for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$163,568$0▼ $163,568
Cash and Non-Interest-Bearing Accounts$14,627$0▼ $14,627
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$178,195$0▼ $178,195
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,000--
Accounts Payable and Accrued Expenses$7,065--
Total Liabilities$32,065$0▼ $32,065
Net Assets / Fund Balance
Unrestricted Net Assets$146,130$0▼ $146,130
Total Net Assets Fund Balance$146,130$0▼ $146,130
Total Liabilities and Net Assets / Fund Balance$178,195$0▼ $178,195
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Doug VelarudInterim Business ManagerFT$52,033$52,033
Darin McCarthyFormer Bus Mgr/Sec-TreasFT$27,525$27,525
Steve BurgerTrustee-$7,981$7,981

Board Members and Trustees

NameTitle
Mike BradleyPresident
Kurt WubbenhorstVice President
Glenn BarkerTrustee
Jerald ThorpInside Guard
Joel BelgardeRecording Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$46,087
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$11,018
Change in Net Assets
$-59,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$57,105
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$57,105
Total Revenue per Form 990
$57,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$99,428
Other Expenses$16,986
Grants and Similar Amounts Paid$75
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$35,145
Other Salaries and Wages---$30,146
Pension Plan Contributions---$18,117
Other Employee Benefits---$11,022
Payments to Affiliates---$6,113
Payroll Taxes---$4,998
Occupancy---$2,170
Fees for Services Accounting---$1,935
Depreciation Depletion---$1,381
Information Technology---$1,131
Office Expenses---$1,074
Interest---$728
Other Expenses---$250
Grants to Domestic Orgs---$75
Total Functional Expenses$0$0$0$116,489

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$116,489
Total Expenses per Audited Statements$116,489
Total Expenses per Form 990$116,489
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Local 500 is a qualified labor union local with dues paying members. Eligibility and application for membership shall be in accordance with the International Brotherhood Constitution and International Brotherhood policy as established by the International Executive Council. An applicant for membership in the Brotherhood shall be one who has reached the minimum working age prescribed by statutory laws regardless of race, creed, color, sex, or national origin and who is working at some branch of the trade or employed in a shop, plant, or industrial facility where the International Brotherhood has jurisdiction at the time of making application and who, if a former member, has been suspended from membership for non-payment of dues for more than 48 continuous months. Generally, all members in good standing of Local 500 are entitled to be seated and to participate in meetings, vote in elections, have the right to express their views, arguments, or opinions upon any business properly before the meeting subject to the Constitutions and Local 500's bylaws.

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

Members nominate and elect officers to the Executive Board in accordance with the Constitution. All elections are by all-mail ballot in accordance with instructions from the International president.

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

During the year ended June 30, 2014, Local 500 ceased operations and all assets and liabilities were transferred to Local 242. During this terminal year, some of the governance decisions were assumed by International and by Local 242.

Form 990, Part VI, Section B, line 11

During the year ended June 30, 2014, Local 500 ceased operations and all assets and liabilities were transferred to Local 242. The Form 990 was prepared under the guidance of the Local 242's management by the independent accounting firm SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC. Draft copies of Local 500's tax return were reviewed for accuracy and completeness by the business manager / secretary-treasurer of Local 242. All questions, concerns or issues raised by the business manager / secretary-treasurer were addressed and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Executive Board of Local 242 for its review and approval. All additional questions, concerns or issues raised by the Executive Board of Local 242 were addressed and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed, approved and filed by the Executive Board of Local 242.

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

The Business Manager / Secretary-Treasurer of the Local is compensated as a foreman under the terms of the Boilermakers Western States Agreement. This is a collectively bargained agreement between the Western States Joint Council of Boilermakers and Allied Trades and signatory employers in the represented industries.

Form 990, Part VI, Section C, line 19

Local 500's governing documents, financial statements and Form 990 are available to the general public upon written request sent to 6404 North Pittsburg, Spokane WA 99217-7553.

Filing and Contact Details

Filer

EIN
93-0872356
Phone
5094891891

Signing Officer

Name
Mark Keffeler
Title
Bus Mgr/Sec-Treas of Local 242
Phone
5094891891
Signed
2014-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Velarud
Formed
1984
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Preparer
Scott Opperud CPA
Phone
5097472158
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Transfer to successor organization -86,746.

Form 990, Part XII, Line 2C:

During the year ended June 30, 2014, Local 500 ceased operations and all assets and liabilities were transferred to Local 242. During this terminal year, the responsibility for the audit of the organization's financial statements were assumed by Local 242.

Raw XML Appendix375 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt15
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Amount in bank accounts on 10/1/2013.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1Fair market value derived from the final LM2 filed.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine106404 North Pittsburg
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine116404 North Pittsburg
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/City0Spokane
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/City1Spokane
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/State0WA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/State1WA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCode0992177553
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCode1992177553
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Person(s) Involved: Steve Burger, Marcia Vasend, and Douglas Veralrud
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1Explanation of Involvement: These individuals were involved in the winding down process of the organization.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2e:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 2e:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Local 500 is a qualified labor union local with dues paying members. Eligibility and application for membership shall be in accordance with the International Brotherhood Constitution and International Brotherhood policy as established by the International Executive Council. An applicant for membership in the Brotherhood shall be one who has reached the minimum working age prescribed by statutory laws regardless of race, creed, color, sex, or national origin and who is working at some branch of the trade or employed in a shop, plant, or industrial facility where the International Brotherhood has jurisdiction at the time of making application and who, if a former member, has been suspended from membership for non-payment of dues for more than 48 continuous months. Generally, all members in good standing of Local 500 are entitled to be seated and to participate in meetings, vote in elections, have the right to express their views, arguments, or opinions upon any business properly before the meeting subject to the Constitutions and Local 500's bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members nominate and elect officers to the Executive Board in accordance with the Constitution. All elections are by all-mail ballot in accordance with instructions from the International president.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2During the year ended June 30, 2014, Local 500 ceased operations and all assets and liabilities were transferred to Local 242. During this terminal year, some of the governance decisions were assumed by International and by Local 242.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During the year ended June 30, 2014, Local 500 ceased operations and all assets and liabilities were transferred to Local 242. The Form 990 was prepared under the guidance of the Local 242's management by the independent accounting firm SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC. Draft copies of Local 500's tax return were reviewed for accuracy and completeness by the business manager / secretary-treasurer of Local 242. All questions, concerns or issues raised by the business manager / secretary-treasurer were addressed and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Executive Board of Local 242 for its review and approval. All additional questions, concerns or issues raised by the Executive Board of Local 242 were addressed and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed, approved and filed by the Executive Board of Local 242.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Business Manager / Secretary-Treasurer of the Local is compensated as a foreman under the terms of the Boilermakers Western States Agreement. This is a collectively bargained agreement between the Western States Joint Council of Boilermakers and Allied Trades and signatory employers in the represented industries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Local 500's governing documents, financial statements and Form 990 are available to the general public upon written request sent to 6404 North Pittsburg, Spokane WA 99217-7553.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Transfer to successor organization -86,746.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7During the year ended June 30, 2014, Local 500 ceased operations and all assets and liabilities were transferred to Local 242. During this terminal year, the responsibility for the audit of the organization's financial statements were assumed by Local 242.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0178195
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0178195
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt046087
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0116489
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032065
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt032065
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0146130
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt087539
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011018
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt057105
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0178195
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0146130
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine106404 North Pittsburg
IRS990/USAddress/City0Spokane
IRS990/USAddress/State0WA
IRS990/USAddress/ZIPCode0992177553
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark Keffeler
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Bus Mgr/Sec-Treas of Local 242
ReturnHeader/BusinessOfficerGrp/PhoneNum05094891891
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-12-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10International Brotherhood of Boilermaker Local 500
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0930872356
ReturnHeader/Filer/PhoneNum05094891891
ReturnHeader/Filer/USAddress/AddressLine106404 North Pittsburg
ReturnHeader/Filer/USAddress/City0Spokane
ReturnHeader/Filer/USAddress/State0WA
ReturnHeader/Filer/USAddress/ZIPCode0992177553
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910614823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SCHOEDEL & SCHOEDEL CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10422 W RIVERSIDE AVE STE 1420
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SPOKANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0992010395
ReturnHeader/PreparerPersonGrp/PhoneNum05097472158
ReturnHeader/PreparerPersonGrp/PreparationDt02014-12-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT OPPERUD CPA
ReturnHeader/ReturnTs02014-12-10T18:19:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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