STRATEGY STUDIO / PUBLIC DATA EXPLORER

UNION BUILDING FUND: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
UNION BUILDING FUND (EIN 20-0009629)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-09
IRS object ID
201331299349301873
Schema version
2012v2.1
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)
Timestamp2013-05-09T13:52:18-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN362152389EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BANSLEY AND KIENER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line18745 WEST HIGGINS ROAD SUITE 200AddressLine1
CityCHICAGOCity
StateILState
ZIP Code606312704ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN200009629EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1UNION BUILDING FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlUNIONameControl
Phone6304684080Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 OAKMONT LANEAddressLine1
CityWESTMONTCity
StateILState
ZIP Code60559ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDAVE RICHMONDName
TitleTREASURERTitle
Phone6304684080Phone
Date Signed2013-05-07DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROBERT J HANNIGANName
PTINP00421015PTIN
Phone3122632700Phone
Date Prepared2013-05-07DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDAVE RICHMONDNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1500 OAKMONT LANEAddressLine1
CityWESTMONTCity
StateILState
ZIP Code60559ZIPCode
FieldValueIRS element (for citing)
Gross Receipts720000GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2003YearFormation
State Legal DomicileILStateLegalDomicile
Activity Or Mission DescriptionTITLE HOLDING CORPORATIONActivityOrMissionDescription
Nbr Voting Members Governing Body5NbrVotingMembersGoverningBody
Nbr Independent Voting Members5NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year720000ProgramServiceRevenuePriorYear
Program Service Revenue CY720000ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year155OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year720155TotalRevenuePriorYear
Total Revenue Current Year720000TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year630014OtherExpensePriorYear
Other Expenses Current Year612184OtherExpensesCurrentYear
Total Expenses Prior Year630014TotalExpensesPriorYear
Total Expenses Current Year612184TotalExpensesCurrentYear
Revenues Less Expenses Prior Year90141RevenuesLessExpensesPriorYear
Revenues Less Expenses CY107816RevenuesLessExpensesCY
Total Assets BOY4562043TotalAssetsBOY
Total Assets EOY4530050TotalAssetsEOY
Total Liabilities BOY3289389TotalLiabilitiesBOY
Total Liabilities EOY3149580TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1272654NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1380470NetAssetsOrFundBalancesEOY
Mission DescriptionTITLE HOLDING CORPORATIONMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionTO HOLD AND MANAGE REAL ESTATE FOR THE ILLINOIS FEDERATION OF TEACHERS AND THE WEST SUBURBAN TEACHERS UNION-LOCAL 571.Description
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members5NbrVotingGoverningBodyMembers
Number Independent Voting Members5NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DAVID RICHMONDBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6304684080TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1500 OAKMONT LANEAddressLine1
CityWESTMONTCity
StateILState
ZIP Code605595523ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
ALICE KAUTSKY
DIRECTOR1.00X030000
DANIEL MONTGOMERY
DIRECTOR1.00X02025440
MARCIA CAMPBELL
DIRECTOR1.00X0640320
JANE RUSSELL
V-PRES1.00033000X
DAVID RICHMOND
TREAS1.0001775710X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs450447TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionRENTAL INCOMEDescription
Business Code532000BusinessCode
Total Revenue Column720000TotalRevenueColumn
Related Or Exempt Function Income720000RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue720000TotalProgramServiceRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column720000TotalRevenueColumn
Related Or Exempt Function Income720000RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total1174Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total2000Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total243Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total38803Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total4261Total

Interest Interest

FieldValueIRS element (for citing)
Total151010Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total106217Total

Insurance Insurance

FieldValueIRS element (for citing)
Total6397Total

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotal
BUIDING & EQUIPMENT MAI157629
REAL ESTATE TAXES89424
TELEPHONE55026

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total612184Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY313918BOY
EOY389320EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1179BOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis5503617LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1362887LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY4246946BOY
EOY4140730EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY4562043BOY
EOY4530050EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY144610BOY
EOY150309EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY42000EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY2668178BOY
EOY2480670EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY476601BOY
EOY476601EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY3289389BOY
EOY3149580EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1272654BOY
EOY1380470EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1272654BOY
EOY1380470EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY4562043BOY
EOY4530050EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses107816ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis1451200OtherCostOrOtherBasis
Book Value1451200BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis3310890OtherCostOrOtherBasis
Depreciation841757Depreciation
Book Value2469133BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis741527OtherCostOrOtherBasis
Depreciation521130Depreciation
Book Value220397BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings4140730TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO AFFILIATESDescription
Amount$476,601Amount
FieldValueIRS element (for citing)
Total Of Amounts476601TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt720000TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal720000RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990720000TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt612184TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal612184ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990612184TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
DANIEL MONTGOMERY
DIRECTOR020254400000006576002683040203449
DAVID RICHMOND
TREAS017757100000006267202402430178236

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11THE THREE OFFICERS AND TWO DIRECTORS REVIEW THE FORM 990 PRIOR TO ITS SIGNING AND ISSUANCE TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH JANUARY, ALL OFFICERS AND PROFESSIONAL STAFF ARE NOTIFIED OF THEIR LEGAL REQUIREMENT TO COMPLY WITH THE LABOR/MANAGEMENT REPORTING ACT AND ARE TO FILE FORM LM-30 AND TO PROVIDE A COPY TO THE IFT
FORM 990, PART VI, SECTION C, LINE 19NO GOVERNING DOCUMENTS OR FINANCIAL REPORTS ARE MADE AVAILABLE TO THE PUBLIC

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrg
ILLINOIS FEDERATION OF TEACHERS
500 OAKMONT LANEWESTMONTIL60559362338589LABOR ORGANIZATIONIL501(C)(5)70 OWNER0
WEST SUBURBAN TEACHERS UNION
500 OAKMONT LANEWESTMONTIL60559362144948LABOR ORGANIZATIONIL501(C)(5)30 OWNER0
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs1RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
ILLINOIS FEDERATION OF TEACHERS
J504000
WEST SUBURBAN TEACHERS UNION
J216000