WELFARE FUND TRUST OF ARCHITECTURAL IRONWORKERS LOCAL NO 63: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WELFARE FUND TRUST OF ARCHITECTURAL IRONWORKERS LOCAL NO 63 (EIN 36-3251688)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-03-11
- IRS object ID
- 202430719349300958
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-11T09:20:01-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470900880 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIBRE CPA GROUP PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 WEST MONROE ST STE310 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363251688 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARCH IRONWORKERS LOCAL 63 WELFARE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARCH | BusinessNameControlTxt |
| Phone | 6304720627 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 ENTERPRISE DR | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605238813 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL WENDE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6304720627 | PhoneNum |
| Signature | 2024-03-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PAUL | PersonFirstNm |
| Person Last | WENDE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AARON PLATH | PreparerPersonNm |
| PTIN | P01360263 | PTIN |
| Phone | 3126550037 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL WENDE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 ENTERPRISE DR | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605238813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $49,584,984 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE MEDICAL, DENTAL, DISABILITY, AND DEATH BENEFITS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 67 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,454,043 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,398,633 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,095,338 | PYInvestmentIncomeAmt |
| CY Investment Income | $529,030 | CYInvestmentIncomeAmt |
| PY Other Revenue | $115 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $28,549,496 | PYTotalRevenueAmt |
| CY Total Revenue | $23,927,663 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $26,982,778 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $30,522,952 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,626 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $47,593 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,755,444 | PYOtherExpensesAmt |
| CY Other Expenses | $1,718,411 | CYOtherExpensesAmt |
| PY Total Expenses | $28,782,848 | PYTotalExpensesAmt |
| CY Total Expenses | $32,288,956 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$233,352 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$8,361,293 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $104,401,164 | TotalAssetsBOYAmt |
| Total Assets EOY | $98,519,717 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,712,470 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,511,965 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,688,694 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $71,007,752 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE MEDICAL, DENTAL, VISION, DISABILITY, DEATH AND OTHER WELFARE BENEFITS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE FUND PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE FUND PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 67 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRIS KRZYSKO AT BENEFITS MGMT GROUP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6304720627 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 ENTERPRISE DRIVE | AddressLine1Txt |
| City | OAKBROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60523 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|
| MICHAEL SWANBERG | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL WENDE | ||||||
| CHAIRMAN | 3.00 | Yes (X) | $0 | $197,229 | $133,407 | 49.00 |
| TIM BELL | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MARK LABUZ | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| DAVE MURRAY | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $174,472 | $123,396 | 46.00 |
| FLETCHER HOLMES | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $174,277 | $123,396 | 46.00 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $545,978 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $380,199 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BCBS | |||||
| 300 E RANDOLPH | CHICAGO | IL | 60601 | CLAIMS PAYOR | $961,431 |
| CERNER CORPORATION | |||||
| PO BOX 959156 | ST LOUIS | MO | 63195 | HEALTH CARE MANAGEMENT COMPANY | $940,433 |
| BENEFITS MANAGEMENT GROUP | |||||
| 625 ENTERPRISE DR | OAK BROOK | IL | 60523 | THIRD PARTY ADMIN. | $382,737 |
| UNION EYES | |||||
| 3460 S HALSTED ST | CHICAGO | IL | 60608 | VISION CLAIMS ADMINISTRATOR | $282,999 |
| SAV-RX | |||||
| 224 NORTH PARK AVENUE | FREEMONT | NE | 68025 | PRESCRIPTION DRUG SERVICE PROVIDER | $122,128 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | $21,918,724 | $21,918,724 |
| EMPLOYEE CONTRIBUTIONS | 900099 | $1,387,641 | $1,387,641 |
| MEDICARE PART D SUBSIDY | 900099 | $92,268 | $92,268 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,398,633 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,791,180 | TotalRevenueColumnAmt |
| Exclusion | $2,791,180 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,395,171 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,657,321 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$2,262,150 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,262,150 | TotalRevenueColumnAmt |
| Exclusion | -$2,262,150 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,927,663 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,398,633 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $529,030 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,522,952 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,593 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,127 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,662 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,950 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,164 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $972,979 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,600 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,138 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACA FEES | Desc |
| Total | $3,791 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,288,956 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,539,873 | BOYAmt |
| EOY | $5,341,108 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,222,248 | BOYAmt |
| EOY | $941,723 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,062,247 | BOYAmt |
| EOY | $2,182,921 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,773 | BOYAmt |
| EOY | $191,085 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,398,780 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $236,885 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,239,082 | BOYAmt |
| EOY | $1,161,895 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,963,732 | BOYAmt |
| EOY | $77,474,194 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,607,848 | BOYAmt |
| EOY | $10,737,211 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $519,361 | BOYAmt |
| EOY | $489,580 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,401,164 | BOYAmt |
| EOY | $98,519,717 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,131 | BOYAmt |
| EOY | $130,989 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,537,339 | BOYAmt |
| EOY | $27,380,976 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,712,470 | BOYAmt |
| EOY | $27,511,965 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,688,694 | BOYAmt |
| EOY | $71,007,752 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,688,694 | BOYAmt |
| EOY | $71,007,752 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,401,164 | BOYAmt |
| EOY | $98,519,717 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$8,361,293 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$319,649 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,398,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $236,885 | DepreciationAmt |
| Book Value | $1,161,895 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,161,895 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FIRST LIGHT FOCUS FUND, LIMITED PARTNERSHIP | $9,080,403 | F |
| STERLING BAY CAPITAL PARTNERS III, LP | $1,656,808 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $10,737,211 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| EXTENDED ELIGIBILITY | $14,707,000 |
| CLAIMS INCURRED BUT NOT PAID | $5,103,713 |
| ACCUMULATED MRA ACCOUNT BALANCES | $7,570,263 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $27,380,976 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,305,582 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$319,649 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$319,649 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,625,231 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $210,164 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $92,268 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $302,432 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,927,663 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,142,010 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $29,142,010 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $210,164 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $2,936,782 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,146,946 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $32,288,956 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | AS OF MAY 31, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) 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 PERIOD IN PROGRESS. AT MAY 31, 2023, THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO THE FISCAL YEAR ENDED MAY 31, 2020. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | MEDICARE PART D SUBSIDY 92,268. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN BENEFIT OBLIGATIONS 2,844,514. MEDICARE PART D SUBSIDY 92,268. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL WENDE | ||||||||||||||
| CHAIRMAN | $0 | $195,559 | $0 | $0 | $0 | $1,670 | $0 | $106,085 | $0 | $27,322 | $0 | $330,636 | $0 | $0 |
| DAVE MURRAY | ||||||||||||||
| TRUSTEE | $0 | $172,343 | $0 | $0 | $0 | $2,129 | $0 | $96,074 | $0 | $27,322 | $0 | $297,868 | $0 | $0 |
| FLETCHER HOLMES | ||||||||||||||
| TRUSTEE | $0 | $172,552 | $0 | $0 | $0 | $1,725 | $0 | $96,074 | $0 | $27,322 | $0 | $297,673 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | LINE 3 EXPLANATION - BENEFITS MANAGEMENT GROUP, INC. IS THE THIRD PARTY ADMINISTRATOR HIRED TO ADMINISTER THE FUND'S DAY-TO-DAY OPERATIONS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE TRUSTEES AUTHORIZE THE FUND'S THIRD-PARTY ADMINISTRATOR AND A DESIGNATED TRUSTEE TO REVIEW THE FORM 990 BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TRUSTEES ARE GOVERNED BY THE TRUST DOCUMENT AND A WRITTEN POLICY AND HAVE A FIDUCIARY RESPONSIBILITY UNDER ERISA TO ADMINISTER THE PLAN IN THE BEST INTEREST OF THE MEMBERSHIP. THE U.S. DEPARTMENT OF LABOR REQUIRES ALL LABOR TRUSTEES TO REPORT ON FORM LM-30 POTENTIAL SITUATIONS WHERE THERE MAY BE CONFLICTS OF INTEREST. THIS INFORMATION IS OPEN TO THE PUBLIC. |
| FORM 990, PART VI, SECTION C, LINE 19 | A SUMMARY ANNUAL REPORT IS DISTRIBUTED TO ALL PARTICIPANTS. PARTICIPANTS ARE ABLE TO REQUEST THE AUDITOR'S REPORT AND OTHER FINANCIAL INFORMATION FROM THE PLAN ADMINISTRATOR AND/OR THE U.S. DEPARTMENT OF LABOR. ALSO, FORM 5500 IS OPEN TO PUBLIC INSPECTION THROUGH THE U.S. DEPARTMENT OF LABOR. |
| PART XII, LINE 2C | THERE HAS BEEN NO CHANGE IN THE FUND'S PROCESS FROM THE PRIOR YEAR IN REGARDS TO THE OVERSIGHT PROCESS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| IRONWORKERS LOCAL 63 PENSION FUND | ||||||||
| 625 ENTERPRISE DR | OAKBROOK | IL | 60523 | 363519910 | PENSION FUND | IL | 401 (A) | 0 |
| IRONWORKERS LOCAL 63 UNION | ||||||||
| 2205 ENTERPRISE DR STE 502 | WESTCHESTER | IL | 60154 | 360743355 | LABOR UNION | IL | 501(C)(5) | 0 |
| IRONWORKERS LOCAL 63 TRAINING SCHOOL | ||||||||
| 2523 W LEXINGTON STREET | BROADVIEW | IL | 60153 | 362365717 | TRAINING | IL | 501(C)(5) | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (160 entries)
| 3F CORPORATION |
| 4-S ERECTION INC |
| ACORN FENCE & CONSTRUCTION INC |
| ACSEM INC |
| ACTION FENCE CONTRACTORS INC |
| ADL INSTALLERS INC |
| ADVANCE STEEL ERECTION INC |
| AIR & WELLNESS SAFETY TRAINING |
| ALDRIDGE ELECTRIC |
| ALL J STEEL INC |
| ALLIANCE GLASS & METAL INC |
| ALUMINUM SERVICES INC |
| AMF SPECIALISTS LLC |
| ANAGNOS DOOR CO INC |
| ARCORP STRUCTURES LLC |
| ARCWALL |
| AREA ERECTORS INC |
| ARNING COMPANIES INC |
| BAKES STEEL ERECTORS INC |
| BAM DECKING INC |
| BCBM LLC |
| BENSON INDUSTRIES INC |
| BILL WELDING & FAB DBA BWF CONSTRUCTION |
| BLUE SKY LLC AUDIT |
| BUILDERS CHICAGO CORP |
| BUILT BEST FENCE CO INC |
| C & B GLASS INC |
| CAPUTO STEEL ERECTORS LLC |
| CELTIC IRON INC |
| CHICAGO FLYHOUSE INC |
| CHICAGO HEIGHTS GLASS INC |
| CHICAGO ORNAMENTAL IRON INC |
| CHRISTOPHER GLASS SERVICES INC |
| CK II CONTRACTING INC |
| COMPLETE CANOPY SERVICES INC |
| COMPOSITE STEEL PRODUCTS INC |
| CONTRACT GLAZIERS INC |
| CORE ERECTORS IL LLC |
| CORSETTI STRUCTURAL STEEL INC |
| CROWN CORR INC |
| D & M ARCHITECTURAL METALS INC |
| DALTON FENCE LLC |
| DANIEL A LENGACHER CONSTRUCTION LLC |
| DEPASQUALE STEEL ERECTORS INC |
| DIVERSIFIED CONSTRUCTION SERVICES LLC |
| DOOR SERVICE INC |
| DOOR SYSTEMS ASSA ABLOY US INC |
| DORAL CORP |
| DUBURG IRON WORKS INC |
| DUPAGE OVERHEAD DOORS INC |
| ELEMENT IRON & RAIL INC |
| ELITE IRONWORKS INC |
| EM III ARCHITECTURAL |
| EVAN FALL PROTECTION |
| EXTREME REACHC3 PRESENTS |
| FEDERAL RENT -A- FENCE |
| FENCE PLUS INC |
| FLYNN FENCE & SUPPLY CO |
| GATEWAY GLAZING INC |
| GAUTHIER GLASS LLC |
| GMSGLASS MANAGEMENT SERVICES |
| GONZALEZ IRON WORKS |
| GRAND STAGE CO INC |
| GREAT LAKES STEEL ERECTION INC |
| GUARDIAN CONSTRUCTION PRODUCTS INC |
| HAMPTON IRONWORKS INC |
| HARMON INC |
| HART ERECTORS INC |
| HOBBS OVERHEAD DOORS INC |
| HOSS STEEL SOLUTIONS |
| HOUSE OF DOORS INC |
| IG COMMERCIAL INC |
| ILLIANA REMEDIAL ACTION INC AUDIT |
| ILLINI FACADE CORPORATION INC |
| ILLINOIS CONTRACT GLAZING INC |
| IMPACT IRON LLC |
| IMPERIAL CONSTRUCTION ASSOC INC |
| INDUSTRIAL DOOR CO OF CHG |
| INDUSTRIAL FENCE INC |
| INDUSTRIAL MATERIAL SUPPLY |
| IN-LINE FENCE & FABRICATING CO |
| INNOVATIVE INSTALLATIONS AND MANAGEMENT LLC |
| INTERNATIONAL ENTRANCES INC |
| IRONCLAD COMPANY LLC |
| IWEISS HOLDINGS LLC |
| JB ERECTORS INC |
| K & K IRON WORKS INC |
| KD JOHNSON INC |
| KLEAR VIEW LLC |
| KOLAR STEEL CONSTRUCTION INC |
| KUJO INC |
| L & M WELDING INC |
| LANE SUPPLY INC |
| LEECO CONSTRUCTION INC |
| LEECO CONSULTANTS INC |
| LEGNA IRON WORKS INCLEGNA INSTALLERS |
| LINDBLAD CONSTRUCTION |
| M&M STEEL ERECTORS LLC |
| MADISON INDUSTRIES |
| MBE FENCE INC |
| MECCOR INDUSTRIES LTD |
| MECHANICAL & INDUSTRIAL STEEL |
| MID AMERICA STEEL ERECTORS INC |
| MID-STATES GLASS & METAL |
| MIDWEST CANOPY SPECIALISTS LLC |
| MIDWEST FENCE CORP |
| MIDWEST SKYLITE SYSTEMS |
| MJ ERECTORS INC |
| MORCOM CONSTRUCTION CO |
| MTH INDUSTRIES |
| NATHAN LINN & SONS INC |
| NATIONAL SPORTS NETS LLC |
| NICKS METAL FABRICATING & SONS INC |
| NORTH CHICAGO IRON WORKS |
| NORTHERN CONTRACTING INC |
| NORTHERN ILLINOIS FENCE INC |
| NORTHWAY FENCE INC |
| NPSG GLOBAL LLC |
| OAK TREE FENCE SOLUTIONS INC |
| ORNOFF'S WELDING DBA OWS ENT INC |
| P & P ARTEC INC |
| PACIFIC FENCE INC |
| PAN-OCEANIC ENGINEERING CO INC |
| PATIO ENHANCEMENT GROUP INC |
| PERMASTEELISA NORTH AMERICA CORP |
| PIERINI IRON WORKS INC |
| PIW GROUP LLC |
| PORTA-WELD INC |
| POWER FENCE INC |
| PRIME ARCHITECTURAL METAL & GLASS INC |
| PRIMERA IRON WORKS |
| PRO FENCE II INC |
| R & I ORNAMENTAL IRON INC |
| R & S ARCHITECTURAL |
| RB3 ENTERPRISES DBA LAND STAR STEEL |
| REFLECTION WINDOW COMPANY LLC |
| ROBERT T WELSH & ASSOCIATES |
| ROCKET FENCE |
| SCHMIDT STEEL INC |
| SECURITY DOOR INC |
| SERVIN UNION FENCE LLC |
| SG METAL & GLASS INC |
| SKYLINE ORNAMENTAL LLC |
| SOUTHERN FOLGER CONTRACTING NO VACATION |
| SPECIALTY CONSTRUCTION LLC |
| STAIR ONE INC |
| STEVE'S DOOR SERVICE LLC |
| STRATA CONTRACTORS LTD |
| STRUCTURAL STRATEGIES INC |
| SUMMIT ARCHITECTURAL METALS LLC |
| TAYLOR ELECTRIC COMPANY |
| THE BARTECH GROUP |
| UNDERLAND ARCH SYSTEMS |
| UNITY FENCING COMPANY |
| VEI SOLUTIONS INC |
| VICTORY FENCE LLC |
| WASHINGTON CONSTRUCTION CO LLC |
| WEB PRODUCTION AND FABRICATORS INC |
| WESTERN ARCHITECTURAL IRON COMPANY |
| WILLIAM STEEL ERECTORS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |