Civic Intelligence

Laco Elec Inc

990 • Fiscal year 2019 • EIN 95-1474820

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 24, 2020

Organization ProfileN/A
297 N Marengo AvePasadena, CA 91101

(626) 243-9700

Siviq Scores

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

Liabilities / Assets

45th percentile

0.07x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

44th percentile

0.43x

Higher debt load relative to revenue than 44% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Net Margin

4th percentile

-319%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

66th percentile

$129,748

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 38.5% of source-year revenue.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Asset Growth

8th percentile

-9.1%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-8.9%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$2,009,438

Down $201,048 (-9.1%) from 2018

Net Assets

Down

$1,863,637

Down $202,355 (-9.8%) from 2018

Liabilities

Up

$145,801

Up $1,307 (+0.9%) from 2018

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin4th percentile

Revenue

Down

$337,157

Down $33,064 (-8.9%) from 2018

Expenses

Up

$1,414,198

Up $404,452 (+40%) from 2018

Net Income

Down

-$1,077,041

Down $437,516 (-68%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$15M$10M$5.0M$0Assets 2011: $2,355,758Liabilities 2011: $115,666Net Assets 2011: $2,240,0922011Assets 2012: $2,753,542Liabilities 2012: $133,877Net Assets 2012: $2,619,6652012Assets 2013: $2,667,978Liabilities 2013: $133,024Net Assets 2013: $2,534,9542013Assets 2014: $2,704,079Liabilities 2014: $137,080Net Assets 2014: $2,566,9992014Assets 2015: $2,842,971Liabilities 2015: $134,511Net Assets 2015: $2,708,4602015Assets 2016: $2,634,714Liabilities 2016: $131,716Net Assets 2016: $2,502,9982016Assets 2017: $2,421,809Liabilities 2017: $149,878Net Assets 2017: $2,271,9312017Assets 2018: $2,210,486Liabilities 2018: $144,494Net Assets 2018: $2,065,9922018Assets 2019: $2,009,438Liabilities 2019: $145,801Net Assets 2019: $1,863,6372019Assets 2020: $10,676,263Liabilities 2020: $140,753Net Assets 2020: $10,535,5102020Assets 2021: $10,349,930Liabilities 2021: $94,585Net Assets 2021: $10,255,3452021Assets 2022: $6,676,848Liabilities 2022: $95,242Net Assets 2022: $6,581,6062022Assets 2023: $3,792,390Liabilities 2023: $0Net Assets 2023: $3,792,3902023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2019

Assets$2,009,438
Liabilities$145,801
Net Assets$1,863,637
Open 2019 Filing

Operations Trend

Revenue Growth23rd percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $435,715Expenses 2011: $726,684Net Income 2011: -$290,9692011Revenue 2012: $433,619Expenses 2012: $689,012Net Income 2012: -$255,3932012Revenue 2013: $472,253Expenses 2013: $773,400Net Income 2013: -$301,1472013Revenue 2014: $479,913Expenses 2014: $759,631Net Income 2014: -$279,7182014Revenue 2015: $476,325Expenses 2015: $860,751Net Income 2015: -$384,4262015Revenue 2016: $479,421Expenses 2016: $996,188Net Income 2016: -$516,7672016Revenue 2017: $483,415Expenses 2017: $1,029,056Net Income 2017: -$545,6412017Revenue 2018: $370,221Expenses 2018: $1,009,746Net Income 2018: -$639,5252018Revenue 2019: $337,157Expenses 2019: $1,414,198Net Income 2019: -$1,077,0412019Revenue 2020: $9,576,308Expenses 2020: $821,235Net Income 2020: $8,755,0732020Revenue 2021: $313,287Expenses 2021: $710,888Net Income 2021: -$397,6012021Revenue 2022: $202,316Expenses 2022: $3,353,949Net Income 2022: -$3,151,6332022Revenue 2023: $79,098Expenses 2023: $3,000,155Net Income 2023: -$2,921,0572023Revenue 2024: -$176,435Expenses 2024: $4,038,481Net Income 2024: -$4,214,9162024

Highlighted filing

2019

Revenue$337,157
Expenses$1,414,198
Net Income-$1,077,041
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 24, 2020
Return Version
2018v3.1
Gross Receipts
$337,157
Mission and Program Overview

Mission

TITLE-HOLDING ENTITY

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,096,835$1,899,446▼ $197,389
Rtn Earn Endowment Incm Other Fnds$1,865,992$1,663,637▼ $202,355
Cap Stk Tr Prin Current Funds$200,000$200,000→ $0
Prepaid Expenses and Deferred Charges$101,082$101,289▲ $207
Cash and Non-Interest-Bearing Accounts$11,053$8,703▼ $2,350
Accounts Receivable$1,516$0▼ $1,516
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
Pd in Cap Srpls Land Bldg Eqp Fund$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$2,210,486$2,009,438▼ $201,048
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$132,115$131,906▼ $209
Other Liabilities$12,379$12,379→ $0
Deferred Revenue$0$1,516▲ $1,516
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$144,494$145,801▲ $1,307
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,065,992$1,863,637▼ $202,355
Total Liabilities and Net Assets / Fund Balance$2,210,486$2,009,438▼ $201,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$851,859$3,818,584$4,670,443
Land$1,047,587-$1,047,587
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleOtherTotal
Joel BartonBus. Mgr./fin. Sec.$129,748$129,748
Gaylord RotenPresident$102,695$102,695
Charles Webb JrTreasurer$89,012$89,012
Art DiazTrustee$8,105$8,105
Herbert CampbellTrustee$7,946$7,946
Jerry PaviaTrustee$4,885$4,885
Benjamin FrankTrustee - Past$4,882$4,882
Chris GuerraTrustee - Past$4,633$4,633
John Parks JrTrustee$4,441$4,441
Michael HawkinsTrustee$4,441$4,441
Virgle BensonTrustee$3,997$3,997
David GrabowskiSecretary$500$500

Board Members and Trustees

NameTitle
Jane TemplinVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$337,157
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,077,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$337,157
Revenue Not Reported on Form 990
$874,686
Total Revenue per Audited Statements
$1,211,843
Total Revenue per Form 990
$337,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,414,198
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
Occupancy---$283,676
Depreciation Depletion---$235,135
Insurance---$70,125
Other Expenses---$50,810
All Other Expenses---$44,245
Fees for Services Accounting---$27,230
Fees for Services Legal---$13,879
Conferences and Meetings---$3,950
Total Functional Expenses$0$0$0$1,414,198

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,414,198
Total Expenses per Audited Statements$1,414,198
Total Expenses per Form 990$1,414,198
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
Security Deposits$12,379
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
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, LINE 6:

“INTERNATIONAL Brotherhood of Electrical Workers Local 11 IS THE sole SHAREHOLDER OF Laco Elec, Inc. Part VI, Line 7: Regular members of INTERNATIONAL Brotherhood of Electrical Workers Local 11 elect members of the corporation's governing body and approve the decisions of the governing body. PART VI, LINE 8B: THE CORPORATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Part VI, Line 11B: Form 990 was reviewed by an officer before it was filed. Part VI, Line 12c: Officers are required to notify the corporation of any changes in their interests that could give rise to conflicts. Part VI, Line 15: Officers of the corporation serve without compensation. Part VI, Line 19: The corporation's governing documents, conflict of interest policy and financial statements are maintained in the corporation's office and available upon request. Part XI, Line 9 - Reconciliation of net assets: Write-off intercompany - International Brotherhood of Electrical Workers Local Union No. 11 - $874,686.”

Filing and Contact Details

Filer

Filer Name
Laco Elec Inc
EIN
95-1474820
In Care Of
% GAYLORD ROTEN
Phone
6262439700
Address
297 N MARENGO AVE, PASADENA, CA 91101

Signing Officer

Name
Gaylord Roten
Title
president
Phone
6262439700
Signed
2020-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel Barton
Formed
1947
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Miller Kaplan Arase Llp
Address
4123 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91602-2828
Preparer
Alexandra Chernyak
Phone
8187692010
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Laco Elec, Inc. and recognize a tax liability if the Laco Elec, Inc. has taken a tax position that more likely than not would not be sustained upon examination by a tax authority. The Laco Elec, Inc. is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Part XI, Line 2d: Write-off Intercompany - International Brotherhood of Electrical Workers Local Union No. 11 - $874,686”

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IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt070125
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
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IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03818584
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02096835
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01899446
IRS990/LandBldgEquipCostOrOtherBssAmt05718030
IRS990/LegalDomicileStateCd0CA
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TITLE-HOLDING ENTITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02065992
IRS990/NetAssetsOrFundBalancesEOYAmt01863637
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0283676
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0874686
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DEMOLITION EXPENSES
IRS990/OtherExpensesGrp/Desc1ALLOC. SALARIES AND COSTS
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3JANITORIAL SVCS. & SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt0470172
IRS990/OtherExpensesGrp/TotalAmt1107607
IRS990/OtherExpensesGrp/TotalAmt2107369
IRS990/OtherExpensesGrp/TotalAmt350810
IRS990/OtherLiabilitiesGrp/BOYAmt012379
IRS990/OtherLiabilitiesGrp/EOYAmt012379
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/BOYAmt0101082
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0101289
IRS990/PrincipalOfficerNm0JOEL BARTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0337157
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0337157
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01009746
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0370221
IRS990/PYRevenuesLessExpensesAmt0-639525
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01009746
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0370221
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1077041
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01865992
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01663637
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0851859
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03818584
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04670443
IRS990ScheduleD/ExpensesSubtotalAmt01414198
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01047587
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01047587
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012379
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0874686
IRS990ScheduleD/RevenueNotReportedAmt0874686
IRS990ScheduleD/RevenueSubtotalAmt0337157
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Laco Elec, Inc. and recognize a tax liability if the Laco Elec, Inc. has taken a tax position that more likely than not would not be sustained upon examination by a tax authority. The Laco Elec, Inc. is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Part XI, Line 2d: Write-off Intercompany - International Brotherhood of Electrical Workers Local Union No. 11 - $874,686
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01899446
IRS990ScheduleD/TotalExpensesPerForm990Amt01414198
IRS990ScheduleD/TotalLiabilityAmt012379
IRS990ScheduleD/TotalRevenuePerForm990Amt0337157
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01211843
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01414198
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTERNATIONAL Brotherhood of Electrical Workers Local 11 IS THE sole SHAREHOLDER OF Laco Elec, Inc. Part VI, Line 7: Regular members of INTERNATIONAL Brotherhood of Electrical Workers Local 11 elect members of the corporation's governing body and approve the decisions of the governing body. PART VI, LINE 8B: THE CORPORATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Part VI, Line 11B: Form 990 was reviewed by an officer before it was filed. Part VI, Line 12c: Officers are required to notify the corporation of any changes in their interests that could give rise to conflicts. Part VI, Line 15: Officers of the corporation serve without compensation. Part VI, Line 19: The corporation's governing documents, conflict of interest policy and financial statements are maintained in the corporation's office and available upon request. Part XI, Line 9 - Reconciliation of net assets: Write-off intercompany - International Brotherhood of Electrical Workers Local Union No. 11 - $874,686.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, LINE 6:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IBEW LOCAL UNION NO 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0950516994
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0local union
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0297 N MARENGO AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0pasadena
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd091101
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$2,009,438
Liabilities
$145,801
Net assets
$1,863,637
Revenue
$337,157
Expenses
$1,414,198
Net income
-$1,077,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.18$4.04$4.21
2023Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.08$3.00$2.92
2022Detailed filing. Detailed filing data is available for this year.$6.68$0.10$6.58$0.20$3.35$3.15
2021Detailed filing. Detailed filing data is available for this year.$10.3$0.09$10.3$0.31$0.71$0.40
2020Detailed filing. Detailed filing data is available for this year.$10.7$0.14$10.5$9.58$0.82$8.76
2019Detailed filing. Detailed filing data is available for this year.$2.01$0.15$1.86$0.34$1.41$1.08
2018Detailed filing. Detailed filing data is available for this year.$2.21$0.14$2.07$0.37$1.01$0.64
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.15$2.27$0.48$1.03$0.55
2016Detailed filing. Detailed filing data is available for this year.$2.63$0.13$2.50$0.48$1.00$0.52
2015Detailed filing. Detailed filing data is available for this year.$2.84$0.13$2.71$0.48$0.86$0.38
2014Summary only. Only limited summary data is available for this year.$2.70$0.14$2.57$0.48$0.76$0.28
2013Summary only. Only limited summary data is available for this year.$2.67$0.13$2.53$0.47$0.77$0.30
2012Summary only. Only limited summary data is available for this year.$2.75$0.13$2.62$0.43$0.69$0.26
2011Summary only. Only limited summary data is available for this year.$2.36$0.12$2.24$0.44$0.73$0.29