Civic Intelligence

Furniture & Industrial

EIN 94-2621654 • 501(c)9 • Pleasanton, CA

Profile

To provide health and welfare benefits to participants and their dependents.

7180 KOLL CENTER PARKWAY Suite 200Pleasanton, CA 94566

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.35x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.37x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2023

Net Margin

21st percentile

-10.0%

Higher net margin than 21% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

$1M-$5M nonprofits • Source year 2022

Asset Growth

57th percentile

5.1%

Faster asset growth than 57% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

6.9%

Faster revenue growth than 57% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,265,775

Up $197,266 (+6.4%) from 2023

Liabilities

Up

$1,321,853

Up $244,539 (+23%) from 2023

Net Assets

Down

$1,943,922

Down $47,273 (-2.4%) from 2023

Revenue

Up

$3,495,368

Up $604,910 (+21%) from 2023

Expenses

Up

$3,542,641

Up $363,757 (+11%) from 2023

Net Income

Up

-$47,273

Up $241,153 (+84%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,268,635Liabilities 2011: $281,815Net Assets 2011: $986,8202011Assets 2012: $1,229,093Liabilities 2012: $390,884Net Assets 2012: $838,2092012Assets 2013: $1,173,128Liabilities 2013: $443,486Net Assets 2013: $729,6422013Assets 2014: $1,004,542Liabilities 2014: $324,923Net Assets 2014: $679,6192014Assets 2015: $1,022,484Liabilities 2015: $393,524Net Assets 2015: $628,9602015Assets 2016: $1,443,427Liabilities 2016: $635,652Net Assets 2016: $807,7752016Assets 2017: $1,639,474Liabilities 2017: $553,039Net Assets 2017: $1,086,4352017Assets 2018: $1,906,560Liabilities 2018: $482,075Net Assets 2018: $1,424,4852018Assets 2019: $2,439,210Liabilities 2019: $765,243Net Assets 2019: $1,673,9672019Assets 2020: $2,615,235Liabilities 2020: $797,565Net Assets 2020: $1,817,6702020Assets 2021: $2,911,817Liabilities 2021: $845,394Net Assets 2021: $2,066,4232021Assets 2022: $2,918,680Liabilities 2022: $639,059Net Assets 2022: $2,279,6212022Assets 2023: $3,068,509Liabilities 2023: $1,077,314Net Assets 2023: $1,991,1952023Assets 2024: $3,265,775Liabilities 2024: $1,321,853Net Assets 2024: $1,943,9222024

Highlighted filing

2024

Assets$3,265,775
Liabilities$1,321,853
Net Assets$1,943,922

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,520,829Expenses 2011: $2,549,282Net Income 2011: -$28,4532011Revenue 2012: $2,936,342Expenses 2012: $3,084,953Net Income 2012: -$148,6112012Revenue 2013: $2,921,649Expenses 2013: $3,030,216Net Income 2013: -$108,5672013Revenue 2014: $3,200,441Expenses 2014: $3,250,464Net Income 2014: -$50,0232014Revenue 2015: $3,236,940Expenses 2015: $3,287,599Net Income 2015: -$50,6592015Revenue 2016: $2,827,062Expenses 2016: $2,648,247Net Income 2016: $178,8152016Revenue 2017: $3,203,128Expenses 2017: $2,924,468Net Income 2017: $278,6602017Revenue 2018: $3,415,319Expenses 2018: $3,077,269Net Income 2018: $338,0502018Revenue 2019: $2,958,894Expenses 2019: $2,709,412Net Income 2019: $249,4822019Revenue 2020: $2,703,679Expenses 2020: $2,559,976Net Income 2020: $143,7032020Revenue 2021: $2,897,688Expenses 2021: $2,648,935Net Income 2021: $248,7532021Revenue 2022: $2,703,295Expenses 2022: $2,490,097Net Income 2022: $213,1982022Revenue 2023: $2,890,458Expenses 2023: $3,178,884Net Income 2023: -$288,4262023Revenue 2024: $3,495,368Expenses 2024: $3,542,641Net Income 2024: -$47,2732024

Highlighted filing

2024

Revenue$3,495,368
Expenses$3,542,641
Net Income-$47,273

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.27$1.32$1.94$3.50$3.54$0.05
2023Detailed filing. Detailed filing data is available for this year.$3.07$1.08$1.99$2.89$3.18$0.29
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.64$2.28$2.70$2.49$0.21
2021Detailed filing. Detailed filing data is available for this year.$2.91$0.85$2.07$2.90$2.65$0.25
2020Detailed filing. Detailed filing data is available for this year.$2.62$0.80$1.82$2.70$2.56$0.14
2019Detailed filing. Detailed filing data is available for this year.$2.44$0.77$1.67$2.96$2.71$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.91$0.48$1.42$3.42$3.08$0.34
2017Detailed filing. Detailed filing data is available for this year.$1.64$0.55$1.09$3.20$2.92$0.28
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.64$0.81$2.83$2.65$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.39$0.63$3.24$3.29$0.05
2014Summary only. Only limited summary data is available for this year.$1.00$0.32$0.68$3.20$3.25$0.05
2013Summary only. Only limited summary data is available for this year.$1.17$0.44$0.73$2.92$3.03$0.11
2012Summary only. Only limited summary data is available for this year.$1.23$0.39$0.84$2.94$3.08$0.15
2011Summary only. Only limited summary data is available for this year.$1.27$0.28$0.99$2.52$2.55$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Mar 20, 2025
Return Version
2023v6.0
Gross Receipts
$3,495,368
Mission and Program Overview

Mission

To provide health and welfare benefits to participants and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,361,342$2,242,320▼ $119,022
Rtn Earn Endowment Incm Other Fnds$1,991,195$1,943,922▼ $47,273
Cash and Non-Interest-Bearing Accounts$440,251$690,439▲ $250,188
Accounts Receivable$266,127$331,811▲ $65,684
Prepaid Expenses and Deferred Charges$789$1,205▲ $416
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
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,068,509$3,265,775▲ $197,266
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$1,059,365$1,321,581▲ $262,216
Accounts Payable and Accrued Expenses$17,949$272▼ $17,677
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,077,314$1,321,853▲ $244,539
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,991,195$1,943,922▼ $47,273
Total Liabilities and Net Assets / Fund Balance$3,068,509$3,265,775▲ $197,266
Compensation and Service Providers

Board Members and Trustees

NameTitle
Francis X VignolesChair (eff. 04/18/2024)
Arturo RodriguezCo-chair
Gerardo BlumTrustee
Mike Desimoni JrTrustee
Mark VignolesTrustee (thru 11/08/2023)
See Sch O for CompensationPaid by Related Organizations
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,461,161
Investment Income
$34,207
Other Revenue
$0
Change in Net Assets
$-47,273

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,495,368
Total Revenue per Audited Statements
$3,495,368
Total Revenue per Form 990
$3,495,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$167,200
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---$3,375,441
Fees for Services Management---$73,734
Fees for Services Other---$34,708
Fees for Services Accounting---$25,158
Insurance---$14,042
Fees for Services Legal---$10,101
Office Expenses---$6,576
Conferences and Meetings---$2,881
Total Functional Expenses$0$0$0$3,542,641

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,542,641
Expenses per Audited Statements$3,357,265
Total Expenses per Audited Statements$3,357,265
Expenses Not Reported on Financial Statements$185,376
Other Expense Adjustments$185,376
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accumulated Eligibilty Credits$846,860
Due to Related Plans$474,721
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
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3:

The governing body has appointed management duties to a third party administrator.

FORM 990, PART VI, SECTION A, LINE 8B:

There is no comittee with authority to act on behalf of the governing body.

FORM 990, PART VI, SECTION B, LINE 11B:

A copy of the form 990 was provided to the board of trustees for review before it was filed.

FORM 990, PART VI, SECTION B, LINE 12C:

Each trustee, officer and management employee with delegated powers who can influence the actions of furniture & industrial carpenters trust funds is provided with a copy of the conflict-of-interest policy. The organization consistently monitors and enforces compliance with the conflict-of-interest policy. Any conflicts or potential conflicts are reportable to the chairman of the board of trustees and legal counsel for the plan.

FORM 990, PART VI, SECTION C, LINE 19:

The organization make its governing documents, conflict-of-interest policy and financial statements available to the public upon request.

FORM 990, PART VII, SECTION A, LINE 1A:

Compensation paid to trustees employed by other related organizations is reported on the form 990 filed with the internal revenue service by the related tax-exempt organization. If you would like additional information please contact the third-party administrator, benesys inc.

Filing and Contact Details

Filer

Filer Name
Furniture & Industrial
EIN
94-2621654
In Care Of
% BENESYS ADMINISTRATORS
Phone
4085883768
Address
7180 KOLL CENTER PARKWAY Suite 200, PLEASANTON, CA 94566

Signing Officer

Name
Arturo Rodriguez
Title
Co-chair
Phone
4085883768
Signed
2025-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arturo Rodriguez
Formed
1954
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Withumsmithbrownpc
Address
6101 BOLLINGER CANYON RD STE 400, SAN RAMON, CA 94583
Preparer
Sunny Baek
Phone
9252779100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of trustees assumes responsibility for oversight of the audit and the selection of an independent auditor. The process has not changed.

Financial Statement Notes

PART X, LINE 2:

The plan's administrator has analyzed the tax positions taken by the plan, and has concluded that, as of may 31, 2024, and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The plan is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax peiods in progres.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Change in benefit obligation

Raw XML AppendixShowing 400 of 440 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PLANS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN'S ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT, AS OF MAY 31, 2024, AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PEIODS IN PROGRES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN BENEFIT OBLIGATION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleD/TotalLiabilityAmt01321581
IRS990ScheduleD/TotalRevenuePerForm990Amt03495368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03495368
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03357265
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY HAS APPOINTED MANAGEMENT DUTIES TO A THIRD PARTY ADMINISTRATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS NO COMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH TRUSTEE, OFFICER AND MANAGEMENT EMPLOYEE WITH DELEGATED POWERS WHO CAN INFLUENCE THE ACTIONS OF FURNITURE & INDUSTRIAL CARPENTERS TRUST FUNDS IS PROVIDED WITH A COPY OF THE CONFLICT-OF-INTEREST POLICY. THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT-OF-INTEREST POLICY. ANY CONFLICTS OR POTENTIAL CONFLICTS ARE REPORTABLE TO THE CHAIRMAN OF THE BOARD OF TRUSTEES AND LEGAL COUNSEL FOR THE PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKE ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION PAID TO TRUSTEES EMPLOYED BY OTHER RELATED ORGANIZATIONS IS REPORTED ON THE FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE BY THE RELATED TAX-EXEMPT ORGANIZATION. IF YOU WOULD LIKE ADDITIONAL INFORMATION PLEASE CONTACT THE THIRD-PARTY ADMINISTRATOR, BENESYS INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII, SECTION A, LINE 1A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Industrial Carpenters and Precast Pensio
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Carpenters Local 2236
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0946284211
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1943068368
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(5)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE PART VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SEE PART VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07180 KOLL CENTER PARKWAY SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1115 Broadway
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PLEASANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Oakland
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CA
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER TRUST THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS. AS OF MAY 31, 2024, THERE ARE APPROXIMATELY 8 EMPLOYERS THAT CONTRIBUTE TO THE TRUST. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS, INCLUDING NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. THE FEDERAL TAX CLASIFICATION (DISREGARDED ENTITY, TAX-EXEMPT ORGANIZATION, PARTNERSHIP, TAXABLE CORPORATION OR TRUST) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND IT COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE NAMES OF THE CONTRIBUTING EMPLOYERS ARE LISTED ON PART VII, BELOW, AND NOT ON PARTS II THROUGH IV BY FEDERAL TAX CLASSIFICATION. ACOSTA & SONS INC. BURNETT & SONS CHANNEL LUMBER COMPANY COMMERCIAL DESIGN COMPU-TECH LUMBER, INC. HERZONG TRANSIT SERVICES, INC. VALLEY OAK PARK WALTER & WOLF PRECAST
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt1INDUSTRIAL CARPENTERS AND PRECAST PENSION PLAN: TO PROVIDE PENSION BENEFITS TO THE PARTICIPANTS. CARPENTERS LOCAL 2236: TO IMPROVE WELFARE AND WORKING CONDITIONS OF MEMBERS.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R, IDENTIFICATION OF RELATED ORGANIZATIONS:
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE R, PART II, (b) PRIMARY ACTIVITY
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