STRUCTURAL IRON WORKERS-1 WELFARE FUND: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- STRUCTURAL IRON WORKERS-1 WELFARE FUND (EIN 36-2196735)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-25
- IRS object ID
- 202242989349300929
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-25T09:11:25-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362152389 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANSLEY AND KIENER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8745 W HIGGINS RD STE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606312704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362196735 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRUCTURAL IRON WORKERS LOCAL 1 WELFARE | BusinessNameLine1Txt |
| Business Name Line2 | FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STRU | BusinessNameControlTxt |
| Phone | 7083661188 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7700 INDUSTRIAL DRIVE | AddressLine1Txt |
| City | FOREST PARK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60130 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN F GARDINER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7083661188 | PhoneNum |
| Signature | 2022-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | GARDINER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIE KAZMIERCZAK | PreparerPersonNm |
| PTIN | P01422951 | PTIN |
| Phone | 3122632700 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN F GARDINER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7700 INDUSTRIAL DR | AddressLine1Txt |
| City | FOREST PARK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $94,636,059 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IWLOCAL1.COM | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1951 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE PARTICIPANTS AND THEIR BENEFICIARIES BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | 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 | $33,051,602 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,513,374 | CYProgramServiceRevenueAmt |
| PY Investment Income | $762,804 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,525,357 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,228,109 | PYOtherRevenueAmt |
| CY Other Revenue | $2,477,266 | CYOtherRevenueAmt |
| PY Total Revenue | $36,042,515 | PYTotalRevenueAmt |
| CY Total Revenue | $49,515,997 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $37,930,698 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $38,447,500 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $859,943 | PYOtherExpensesAmt |
| CY Other Expenses | $730,019 | CYOtherExpensesAmt |
| PY Total Expenses | $38,790,641 | PYTotalExpensesAmt |
| CY Total Expenses | $39,177,519 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,748,126 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,338,478 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $60,833,653 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,161,512 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,764,452 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,524,213 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,069,201 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,637,299 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE PARTICIPANTS AND THEIR BENEFICIARIES BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE PLAN PROVIDES MEDICAL, DENTAL, OPTICAL, HEARING AIDS, DISABILITY, DEATH BENEFITS AND HEALTH REIMBURSEMENT ACCOUNTS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES. | Desc |
| 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 | 0 | 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 | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 0 | 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 | 0 | 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 | 0 | 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 | CARI SONNEFELDT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7083661188 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7700 INDUSTRIAL DR | AddressLine1Txt |
| City | FOREST PARK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60130 | 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 |
|---|---|---|---|---|---|---|
| DAVID QUIN | ||||||
| EMPLOYER TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | |
| PATRICK CLARK | ||||||
| EMPLOYER TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | |
| MAUREEN ESPOSITO | ||||||
| EMPLOYER TRUSTEE | 0.30 | Yes (X) | $0 | $0 | $0 | |
| CRAIG SATALIC | ||||||
| UNION TRUSTEE | 0.30 | Yes (X) | $0 | $218,172 | $176,216 | 55.00 |
| JOHN GARDINER | ||||||
| UNION TRUSTEE | 0.30 | Yes (X) | $0 | $180,368 | $154,508 | 50.00 |
| TODD VILLA | ||||||
| UNION TRUSTEE | 0.30 | Yes (X) | $0 | $184,785 | $160,069 | 50.00 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $583,325 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $490,793 | 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 (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | |||||
| 300 E RANDOLPH ST | CHICAGO | IL | 60601 | HEALTHCARE PROVIDER | $952,926 |
| GROUP ADMINISTRATORS LTD | |||||
| 953 AMERICAN LANE STE 100 | SCHAUMBURG | IL | 60173 | CLAIMS PROCESSING | $390,980 |
| REMEDY ANALYTICS | |||||
| 234 W FLORIDA ST STE 150 | MILWAUKEE | WI | 53204 | CONSULTING SERVICES | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | $29,733,566 | $29,733,566 |
| RETIREE CO-PAYMENTS | 900099 | $1,293,845 | $1,293,845 |
| COBRA CONTRIBUTIONS | 900099 | $485,963 | $485,963 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,513,374 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,370,689 | TotalRevenueColumnAmt |
| Exclusion | $2,370,689 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $58,274,730 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $45,120,062 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,154,668 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,154,668 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,154,668 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PRESCRIPTION REBATES | 900099 | $2,477,085 | $2,477,085 |
| MISCELLANEOUS INCOME | 900099 | $181 | $181 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,477,266 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $49,515,997 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $47,145,308 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,370,689 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,447,500 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,028 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,313 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,316 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,812 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,411 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,608 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,264 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ADMINISTRATIVE SERVICES | $169,155 |
| MISCELLANEOUS EXPENSE | $11,016 |
| OUTSIDE SERVICES | $7,559 |
| PCORI FEE | $7,458 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,177,519 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,483,389 | BOYAmt |
| EOY | $931,306 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,326 | BOYAmt |
| EOY | $26,715 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,735,619 | BOYAmt |
| EOY | $2,685,173 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,201 | BOYAmt |
| EOY | $62,128 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,607,228 | BOYAmt |
| EOY | $17,416,019 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,519,978 | BOYAmt |
| EOY | $34,638,908 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,395,912 | BOYAmt |
| EOY | $2,401,263 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,833,653 | BOYAmt |
| EOY | $58,161,512 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $459,205 | BOYAmt |
| EOY | $27,479 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,305,247 | BOYAmt |
| EOY | $39,496,734 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,764,452 | BOYAmt |
| EOY | $39,524,213 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,069,201 | BOYAmt |
| EOY | $18,637,299 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,069,201 | BOYAmt |
| EOY | $18,637,299 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,833,653 | BOYAmt |
| EOY | $58,161,512 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $10,338,478 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$11,831,080 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$3,939,300 | PriorPeriodAdjustmentsAmt |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMON AND COLLECTIVE TRUSTS | $28,721,806 | F |
| REAL ESTATE FUNDS | $5,917,102 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $34,638,908 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| ESTIMATED LIABILITY FOR FUTURE BENEFITS | $28,990,000 |
| ESTIMATED LIABILITY FOR CLAIMS PAYABLE AND CLAIMS INCURRED AND NOT REPORTED | $4,291,000 |
| OBLIGATION FOR HEALTH REIMBURSEMENT ACCOUNTS | $6,130,000 |
| DUE TO PENSION | $4,736 |
| DUE TO OTHER FUNDS | $80,998 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $39,496,734 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $37,570,601 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$11,831,080 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$11,831,080 | RevenueNotReportedAmt |
| Revenue Subtotal | $49,401,681 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $114,316 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $114,316 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $49,515,997 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,848,203 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,848,203 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $114,316 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$785,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$670,684 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $39,177,519 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS RULED THAT THE PLAN QUALIFIES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC) AND IS, THEREFORE, NOT SUBJECT TO TAX UNDER PRESENT INCOME TAX LAW. ONCE QUALIFIED, THE PLAN IS REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN ITS QUALIFICATION. THE TRUSTEES OF THE PLAN ARE NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE PLAN'S QUALIFIED STATUS. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN CLAIMS PAYABLE -785,000. |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CRAIG SATALIC | ||||||||||||||
| UNION TRUSTEE | $0 | $215,963 | $0 | $0 | $0 | $2,209 | $0 | $133,660 | $0 | $42,556 | $0 | $394,388 | $0 | $0 |
| TODD VILLA | ||||||||||||||
| UNION TRUSTEE | $0 | $183,769 | $0 | $0 | $0 | $1,016 | $0 | $119,996 | $0 | $40,073 | $0 | $344,854 | $0 | $0 |
| JOHN GARDINER | ||||||||||||||
| UNION TRUSTEE | $0 | $177,369 | $0 | $0 | $0 | $2,999 | $0 | $115,821 | $0 | $38,687 | $0 | $334,876 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE CHAIRMAN PRIOR TO THE DUE DATE OF THE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | COMPLIANCE WITH THE POLICIES ARE REVIEWED AND MONITORED THROUGH DISCUSSION AT THE TRUSTEES' MEETINGS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PLAN PARTICIPANTS UPON REQUEST. |
| FORM 990, PART XI, LINE 2C: | THE ORGANIZATION'S BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| STRUCTURAL IRON WORKERS LOCAL NO 1 UNION | ||||||||
| 7720 INDUSTRIAL DRIVE | FOREST PARK | IL | 60130 | 361263955 | LABOR UNION | IL | 501 (C) 5 | 0 |
| BOARD OF TRUSTEES OF STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FD | ||||||||
| 7700 INDUSTRIAL DRIVE | FOREST PARK | IL | 60130 | 362196735 | PLAN SPONSOR AND ADMINISTRATOR | IL | 0 | |
| STRUCTURAL IRON WORKERS LOCAL NO 1 PENSION FUND | ||||||||
| 7700 INDUSTRIAL DRIVE | FOREST PARK | IL | 60130 | 362872442 | PENSION FUND | IL | 401A | 0 |
| STRUCTURAL IRON WORKERS LOCAL NO 1 APPRENTICE FUND | ||||||||
| 7700 INDUSTRIAL DRIVE | FOREST PARK | IL | 60130 | 362405186 | APPRENTICE FUND | IL | 501 (C) 5 | 0 |
| IRONWORKERS LOCAL NO 1 ORGANIZATIONAL FUND | ||||||||
| 7700 INDUSTRIAL DRIVE | FOREST PARK | IL | 60130 | 367093483 | ORGANIZATIONAL FUND | IL | 501 (C) 5 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (160 entries)
| ALDRIDGE ELECTRIC INC |
| AREA ERECTORSINC |
| BANE-NELSON INC |
| BERGLUND CONSTRUCTION CO |
| CHICAGO TRANSIT AUTHORITY |
| DEARBORN CRANE & ENGINEERING |
| DANNYS CONSTRUCTION CO |
| GILCO SCAFFOLDING CO |
| HERLIHY MID-CONTINENT |
| FK KETLER CO |
| LINDBLAD CONSTRUCTION CO |
| MC HUGH CONSTRUCTION CO JAMES |
| MORRISON CONSTRUCTION CO |
| WALSH CONSTR CO OF ILL |
| MARTIN CEMENT COMPANY |
| ICC GROUP INC |
| M-JTJ CONTRACTORS & BLDRS INC |
| MAYO STEEL ERECTORS INC |
| GATEWAY CONSTR CO INC |
| JV CRANE & ENGINEERING INC |
| DYWIDAG SYSTEMS INT'L USA INC |
| S & J CONSTRUCTION CO INC |
| GUARDIAN CONST PROD INC |
| AREA EQUIPMENT INC |
| COST OF WISCONSIN INC |
| REVCON CONSTRUCTION CORP |
| MA REBAR MA STEEL ERECTORS |
| STRESCORE INC |
| MECCOR INDUSTRIES LTD |
| II IN ONE CONTRACTORS INC |
| SUPERIOR CONSTRUCTION |
| BAKE'S STEEL ERECTORS |
| MID-AMERICA STEEL ERECTORS |
| MTH INDUSTRIES |
| IMPERIAL CONSTRUCTION ASSOC |
| AREATHA CONSTRUCTION COMPANY |
| TESTA CONSTRUCTION COMPANY |
| S HAINES PAVING & ESCAVATING |
| ROGER & SONS CONSTRUCTION INC |
| D CONSTRUCTIONINC |
| JJB STEELINC |
| JOLIET STEEL CONSTRUCTION INC |
| AMBARINC |
| MITCHELL STEELINC |
| LILJA CORPORATION |
| II IN ONE REBARINC |
| JP CULLEN & SONSINC |
| ADVANCE STEEL ERECTION INC |
| II IN ONE CONTRREBAR JV |
| PRO-BEL ENTERPRISES LIMITED |
| PREMIUM CONCRETEINC |
| PRIME SCAFFOLDINC |
| QUINCO STEEL INC |
| WILLIAMS STEEL ERECTORS |
| MECHANICAL & INDUSTRIAL STEEL |
| USA HOIST COINC |
| CHICAGO DECKINGINC |
| BARNHART CRANE & RIGGING CO |
| J COYNE CONSTRUCTION INC |
| WESTERN REMAC INC |
| WEB PROD & FABR INC |
| THE STATE GROUP INDUS (USA)LTD |
| METROPOLITAN STEEL INC |
| OVERHEAD CONVEYOR COMPANY |
| KUJO INC |
| STRUCTURAL STRATEGIES INC |
| PRIME INDUSTRIAL CONTR INC |
| ALLIANCE SPECIALTY TRADES |
| CORSETTI STRUCTURAL STEEL |
| DEPASQUALE STEEL ERECTORS INC |
| GENESYS INDUSTRIAL CORP |
| R OLSON CONSTR CO CONTR |
| ALL AMERICAN IRON WORKS |
| KAPO CONSTRUCTION INC |
| HAMPTON IRONWORKS INC |
| PLATINUM STEEL LLC |
| STATELINE CORPORATION |
| DORAL CORPORATION |
| NATIONAL MACHINERY & CONVEYOR |
| ALL AMERICAN STEEL INC |
| DIVERSIFIED CONSTR SERVICES |
| AC IRONLLC |
| BRIESER CONSTRUCTION |
| OWS ENT INC |
| CLAUSEN STRUCTURES INC |
| 4-S ERECTION INC |
| DUBURG IRON WORKS INC |
| TRI-STATE ENTERPRISES INC |
| CHICAGO STEEL CONSTRUCTION LLC |
| INT'L INDUSTRIAL CONTRACTING |
| SCHMIDT STEEL INC |
| WALSH CONSTR COMPANY II LLC |
| CANNON EQUIPMENT COMPANY INC |
| HAUTER BROTHERS INC |
| STEVENS ENGINEERS & CONSTRUCT |
| WAITE EQUIPMENT COMPANY |
| K & K IRON WORKS LLC |
| ADVANCED STEEL ERECTORS |
| JB ERECTORS INC |
| NELCONEW ENGLAND LEAD BURNING |
| SAFWAY ATLANTIC LLC |
| NEW HORIZON STEEL |
| MJ ERECTORS |
| TBS CONSTRUCTION INC |
| ATMI DYNACORE II LLC |
| ELITE IRONWORKS INC |
| CSI 3000 INC |
| POLSTEEL CONSTRUCTION LTD |
| GREAT LAKES STEEL ERECTION |
| COPENHAVER CONSTRUCTION |
| BMWC CONSTRUCTORS |
| HARRIS DAVIS REBARREBAR PLACI |
| MVP ERECTORS LLC |
| VMR CONTRACTORS |
| MORCOM CONSTRUCTION CO |
| MICHELS CORP |
| CELTIC IRON INC |
| RAUSCH INFRASTRUCTURE LLC |
| BOLDT COMPANY |
| HOOSIER CRANE SERVICE CO |
| REYNOLDS RIGGING & CRANE CHICA |
| LAYTON STEEL ERECTORS |
| KURE STEEL ERECTION INC |
| ARCORP STRUCTURES |
| ACMS GROUP INC |
| DEARBORN MID-WEST CO LLC |
| TITON STEEL LLC |
| WEILAND STEEL INC |
| IMPACT IRON LLC |
| KEY WEST METAL INDUSTRIES INC |
| SUMIT CONSTRUCTION |
| P & G ENGINEERING CO |
| KADILEX CONSTRUCTION INC |
| WASHINGTON CONSTRUCTION CO |
| RAMCO CONSTRUCTION |
| DEAC ACQUISITION CORP |
| STEELEDGE ERECTORS |
| JLL CONSTRUCTION SERVICES INC |
| MCHUGH CONCRETE CONSTRUCTION |
| ALL J STEEL INC |
| GRANITE CONSTRUCTION |
| KELLER N A |
| BAM DECKING |
| MM PETERS CONSTRUCTION INC |
| SPECIALITY CONSTRUCTION |
| SUPERIOR ERECTORS INC |
| FORT WAYNE REINFORCING INC |
| GONZALEZ IRON WORKS LLC |
| WEITZ INDUSTRIAL LLC |
| GH CRANES & COMPONENTS |
| VARGCO LLC |
| CONSOLIDATED RIGGERS INC |
| WALTZ-HOLST BLOW PIPE CO INC |
| KOLAR STEEL CONSTUCTION INC |
| WHITE CONSTRUCTION |
| MICHELS PIPELINE INC |
| DESIGN BY THREE CONSTRUCTION |
| TORRES CONCRETE INC |
| 7 COUNTY CONCRETE CONST LLC |
| MICHELS CONSTRUCTION INC |
| 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 | Yes (1) | 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 | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE R, PART IV | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS A MULTI-EMPLOYER COLLECTIVELY BARGAINED EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO THE PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA). AS REQUIRED, ONLY THE NAMES OF THE CONTRIBUTING EMPLOYERS OF THE ORGANIZATION ARE LISTED IN PART IV OF SCHEDULE R. | ExplanationTxt |