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WELFARE FUND TRUST OF ARCHITECTURAL IRONWORKERS LOCAL NO 63: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WELFARE FUND TRUST OF ARCHITECTURAL IRONWORKERS LOCAL NO 63 (EIN 36-3251688)
Tax period
2021-06-01 to 2022-05-31
Filed
2023-03-31
IRS object ID
202310909349301406
Schema version
2021v4.2
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

FieldValueIRS element (for citing)
Return2023-03-31T11:08:04-05:00ReturnTs
Tax Period End2022-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN470900880PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CALIBRE CPA GROUP PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1230 WEST MONROE STREET SUITE 310AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363251688EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARCH IRONWORKERS LOCAL 63 WELFARE FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARCHBusinessNameControlTxt
Phone6304720627PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1625 ENTERPRISE DRAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP605238813ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPAUL WENDEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6304720627PhoneNum
Signature2023-03-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPAULPersonFirstNm
Person LastWENDEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOWARD SIMONPreparerPersonNm
PTINP00158008PTIN
Phone3126550037PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerPAUL WENDEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1625 ENTERPRISE DRAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP605238813ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$55,801,771GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1983FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO PROVIDE MEDICAL, DENTAL, DISABILITY, AND DEATH BENEFITS.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee82TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$164,597NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$23,082,035PYProgramServiceRevenueAmt
CY Program Service Revenue$21,454,043CYProgramServiceRevenueAmt
PY Investment Income$5,777,099PYInvestmentIncomeAmt
CY Investment Income$7,095,338CYInvestmentIncomeAmt
PY Other Revenue$50,489PYOtherRevenueAmt
CY Other Revenue$115CYOtherRevenueAmt
PY Total Revenue$28,909,623PYTotalRevenueAmt
CY Total Revenue$28,549,496CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$27,387,067PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$26,982,778CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$17,558PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$44,626CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,629,106PYOtherExpensesAmt
CY Other Expenses$1,755,444CYOtherExpensesAmt
PY Total Expenses$30,033,731PYTotalExpensesAmt
CY Total Expenses$28,782,848CYTotalExpensesAmt
PY Revenues Less Expenses-$1,124,108PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$233,352CYRevenuesLessExpensesAmt
Total Assets BOY$121,630,364TotalAssetsBOYAmt
Total Assets EOY$104,401,164TotalAssetsEOYAmt
Total Liabilities BOY$24,671,434TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,712,470TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$96,958,930NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$79,688,694NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE MEDICAL, DENTAL, VISION, DISABILITY, DEATH AND OTHER WELFARE BENEFITSMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE FUND PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS. A TEMPORARY SUPPLEMENTAL UNEMPLOYMENT AND SICKNESS BENEFIT WAS IMPLEMENTED EFFECTIVE MARCH 23, 2020 AND ENDED EFFECTIVE 12/31/20.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescTHE FUND PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee82EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHRIS KRZYSKO AT BENEFITS MGMT GROUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6304720627PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11520 KENSINGTONAddressLine1Txt
CityOAKBROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
MICHAEL SWANBERG
TRUSTEE3.00Yes (X)$0$0$0
PAUL WENDE
CHAIRMAN3.00Yes (X)$0$183,742$133,45049.00
TIM BELL
TRUSTEE3.00Yes (X)$0$0$0
JACK CANNIFF
FORMER TRUSTEE3.00Yes (X)$0$161,627$124,89846.00
MARK LABUZ
TRUSTEE3.00Yes (X)$0$0$0
DAVE MURRAY
TRUSTEE3.00Yes (X)$0$162,981$124,89846.00
FLETCHER HOLMES
TRUSTEE3.00Yes (X)$0$162,456$124,89846.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$670,806TotReportableCompRltdOrgAmt
Total Other Compensation$508,144TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BCBS
300 E RANDOLPHCHICAGOIL60601CLAIMS PAYOR$963,759
BENEFITS MANAGEMENT GROUP
903 COMMERCE DRIVE STE 304OAK BROOKIL60523THIRD PARTY ADMIN.$363,549
CERNER CORPORATION
PO BOX 959156ST LOUISMO63195HEALTH CARE MANAGEMENT COMPANY$269,803
SAV-RX
224 NORTH PARK AVENUEFREEMONTNE68025PRESCRIPTION DRUG SERVICE PROVIDER$108,718
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS900099$19,718,319$19,718,319
EMPLOYEE CONTRIBUTIONS900099$1,285,131$1,285,131
COBRA PREMIUM ASSISTANCE900099$275,800$275,800
MEDICARE PART D SUBSIDY900099$174,793$174,793
FieldValueIRS element (for citing)
Total Program Service Revenue$21,454,043TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,371,686TotalRevenueColumnAmt
Exclusion$2,371,686ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$31,975,927SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$27,252,275SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,723,652SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,723,652TotalRevenueColumnAmt
Exclusion$4,723,652ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescLIQUIDATED DAMAGESDesc
Business900099BusinessCd
Total Revenue Column$115TotalRevenueColumnAmt
Related Or Exempt Func Income$115RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$115OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,549,496TotalRevenueColumnAmt
Related Or Exempt Func Income$21,454,158RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7,095,338ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$26,982,778TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$44,626TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$327,492TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$54,930TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$34,067TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$213,467TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,036,752TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$76,141TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,955TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,036TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescACA FEESDesc
Total$3,604TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$28,782,848TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,357,442BOYAmt
EOY$4,539,873EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,589,362BOYAmt
EOY$2,222,248EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,357,408BOYAmt
EOY$2,062,247EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$246,773EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,332,662LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$93,580LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,239,082EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$93,889,376BOYAmt
EOY$84,963,732EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$18,099,594BOYAmt
EOY$8,607,848EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$337,182BOYAmt
EOY$519,361EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$121,630,364BOYAmt
EOY$104,401,164EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$155,614BOYAmt
EOY$175,131EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,515,820BOYAmt
EOY$24,537,339EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,671,434BOYAmt
EOY$24,712,470EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$96,958,930BOYAmt
EOY$79,688,694EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$96,958,930BOYAmt
EOY$79,688,694EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$121,630,364BOYAmt
EOY$104,401,164EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$233,352ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$17,036,884NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,332,662OtherCostOrOtherBasisAmt
Depreciation$93,580DepreciationAmt
Book Value$1,239,082BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,239,082TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
FIRST LIGHT FOCUS FUND, LIMITED PARTNERSHIP$7,100,117F
STERLING BAY CAPITAL PARTNERS III, LP$1,507,731F
FieldValueIRS element (for citing)
Total Book Value Securities$8,607,848TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
EXTENDED ELIGIBILITY$13,689,000
CLAIMS INCURRED BUT NOT PAID$3,581,280
ACCUMULATED MRA ACCOUNT BALANCES$7,266,182
DUE TO RELATED ENTITIES$877
FieldValueIRS element (for citing)
Total Liability$24,537,339TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,124,352TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$17,036,884NetUnrealizedGainsInvstAmt
Revenue Not Reported-$17,036,884RevenueNotReportedAmt
Revenue Subtotal$28,161,236RevenueSubtotalAmt
Investment Expenses Not Incld$213,467InvestmentExpensesNotIncldAmt
Other Revenues Not Included$174,793OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$388,260RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$28,549,496TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$28,373,946TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$28,373,946ExpensesSubtotalAmt
Investment Expenses Not Incld2$213,467InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$195,435OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$408,902ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$28,782,848TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:AS OF MAY 31, 2022, 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, 2022, THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO THE FISCAL YEAR ENDED MAY 31, 2019.
PART XI, LINE 4B - OTHER ADJUSTMENTS:MEDICARE PART D SUBSIDY 174,793.
PART XII, LINE 4B - OTHER ADJUSTMENTS:CHANGE IN BENEFIT OBLIGATIONS 20,642. MEDICARE PART D SUBSIDY 174,793.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PAUL WENDE
CHAIRMAN$0$181,762$0$0$0$1,980$0$106,128$0$27,322$0$317,192$0$0
DAVE MURRAY
TRUSTEE$0$161,175$0$0$0$1,806$0$97,576$0$27,322$0$287,879$0$0
FLETCHER HOLMES
TRUSTEE$0$161,167$0$0$0$1,289$0$97,576$0$27,322$0$287,354$0$0
JACK CANNIFF
FORMER TRUSTEE$0$161,154$0$0$0$473$0$97,576$0$27,322$0$286,525$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3LINE 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 11BTHE 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 12CTHE 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 19A 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 2CTHERE 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/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationInd
IRONWORKERS LOCAL 63 PENSION FUND
1520 KENSINGTON SUITE 200OAKBROOKIL60523363519910PENSION FUNDIL401 (A)0
IRONWORKERS LOCAL 63 UNION
2525 W LEXINGTON STREETBROADVIEWIL60153360743355LABOR UNIONIL501(C)(5)0
IRONWORKERS LOCAL 63 TRAINING SCHOOL
2523 W LEXINGTON STREETBROADVIEWIL60153362365717TRAININGIL501(C)(5)0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (155 entries)

3F CORPORATION
4-S ERECTION INC
ACORN FENCE & CONSTRUCTION INC
ACSEM INC
ACTION FENCE CONTRACTORS INC
ADL INSTALLERS INC
ADVANCE STEEL ERECTION INC
ADVANCED STEEL ERECTORS LLC
ALDRIDGE ELECTRIC
ALLEN ARCHITECTURAL METALS INC
ALLIANCE FENCE CORPORATION
ALLIANCE GLASS & METAL INC
ALUMINUM SERVICES INC
ANAGNOS DOOR CO INC
ARCHITECTURAL PANEL SYSTEMS INC
ARCORP STRUCTURES LLC
ARCWALL
AREA ERECTORS INC
ASC WINDOW CORPORATION
BAKES STEEL ERECTORS INC
BAM DECKING INC
BCBM LLC
BENSON INDUSTRIES INC
BERGLUND CONSTRUCTION COMPANY
BEVERLY GLASS SERVICES
BLACK SECURITY PRODUCTS
BLUE SKY LLC
BUILDERS CHICAGO CORP
BUILT BEST FENCE CO INC
C & B GLASS INC
CAPUTO STEEL ERECTORS LLC
CELTIC IRON INC
CHICAGO DECKING INC
CHICAGO FLYHOUSE INC
CHICAGO HEIGHTS GLASS INC
CHICAGO ORNAMENTAL IRON INC
CHRISTOPHER GLASS & ALUMINUM
CK II CONTRACTING INC
COMPLETE CANOPY SERVICES INC
COMPOSITE STEEL PRODUCTS INC
CONSTRUCTION & MECHANICAL CONTRACTORS LLC
CONTRACT GLAZIERS INC
CONVEYOR SPECIALTIES INC
CORE ERECTORS IL LLC
CORSETTI STRUCTURAL STEEL INC
CROWN CORR INC
D & M ARCHITECTURAL METALS INC
DALTON FENCE LLC
DEPASQUALE STEEL ERECTORS INC
DIVERSIFIED CONSTRUCTION SERVICES LLC
DOOR SERVICE INC
DOOR SYSTEMS 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
GLASS DESIGNERS INC
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
HOUSE OF DOORS INC
IG COMMERCIAL INC
ILLINOIS CONTRACT GLAZING INC
IMPACT IRON LLC
INDEPENDENT MECHANICAL INDUSTRIES 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
J & S CANOPY SERVICES LLC
JB ERECTORS INC
JP CULLEN & SONS INC
K & K IRON WORKS INC
KOLAR STEEL CONSTRUCTION INC
KUJO INC
KWCC INC
LANE SUPPLY INC
LEECO CONSTRUCTION INC
LEECO CONSULTANTS INC
LEGNA IRON WORKS INCLEGNA INSTALLERS
LINDBLAD CONSTRUCTION
LOUIS HOFFMANN CO
M&M STEEL ERECTORS LLC
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
NPSG GLOBAL LLC
ORNOFF'S WELDING DBA OWS ENT INC
P & P ARTEC INC
PACIFIC FENCE INC
PERMASTEELISA NORTH AMERICA CORP
PIERINI IRON WORKS INC
PIW GROUP LLC
PORTA-WELD INC
PRIME ARCHITECTURAL METAL & GLASS INC
PRIMERA IRON WORKS
PRO FENCE II INC
QUINCO STEEL INC
R & I ORNAMENTAL IRON INC
REFLECTION WINDOW COMPANY LLC
ROCKET FENCE
ROSSI CONTRACTORS INC
SCHMIDT STEEL INC
SECURITY DOOR INC
SERVIN UNION FENCE LLC
SG METAL & GLASS INC
SITELINE INTERIOR CARPENTRY INC
SOUTHERN FOLGER CONTRACTING NO VACATION
SPECIALTY CONSTRUCTION LLC
STAIR ONE INC
STEVENS ENGINEERS & CONSTRUCTORS
STRATA CONTRACTORS LTD
STRUCTURAL STRATEGIES INC
SUMMIT ARCHITECTURAL METALS LLC
TAYLOR ELECTRIC COMPANY
THE BARTECH GROUP
THE BOLDT COMPANY
UNDERLAND ARCH SYSTEMS
UNITY FENCING COMPANY
VEI SOLUTIONS INC
WASHINGTON CONSTRUCTION CO LLC
WEITZ INDUSTRIAL LLC
WESTERN ARCHITECTURAL IRON COMPANY
WILLIAM STEEL ERECTORS
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd