STRUCTURAL IRON WORKERS-1 WELFARE FUND: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- STRUCTURAL IRON WORKERS-1 WELFARE FUND (EIN 36-2196735)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-13
- IRS object ID
- 201333179349305543
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-13T16:48:54-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362152389 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANSLEY AND KIENER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8745 WEST HIGGINS ROAD SUITE 200 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606312704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362196735 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STRU | NameControl |
| Phone | 7083661188 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7700 INDUSTRIAL DRIVE | AddressLine1 |
| City | FOREST PARK | City |
| State | IL | State |
| ZIP Code | 60130 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEAN NEMCEK | Name |
| Title | FUND REPRESENTATIVE | Title |
| Phone | 7083661188 | Phone |
| Date Signed | 2013-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL A MERKEL | Name |
| PTIN | P00420901 | PTIN |
| Phone | 3122632700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEAN NEMCEK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7700 INDUSTRIAL DR | AddressLine1 |
| City | FOREST PARK | City |
| State | IL | State |
| ZIP Code | 60130 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 48599015 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.IWLOCAL1.COM | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1951 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE PARTICIPANTS AND THEIR BENEFICIARIES BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 24252486 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 25916455 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 733119 | InvestmentIncomePriorYear |
| Investment Income Current Year | 620251 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 893 | OtherRevenuePriorYear |
| Other Revenue Current Year | 103059 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 24986498 | TotalRevenuePriorYear |
| Total Revenue Current Year | 26639765 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 19258746 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 21908850 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 799111 | OtherExpensePriorYear |
| Other Expenses Current Year | 811163 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20057857 | TotalExpensesPriorYear |
| Total Expenses Current Year | 22720013 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4928641 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3919752 | RevenuesLessExpensesCY |
| Total Assets BOY | 37901872 | TotalAssetsBOY |
| Total Assets EOY | 42482981 | TotalAssetsEOY |
| Total Liabilities BOY | 22922305 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 21948936 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14979567 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 20534045 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE PARTICIPANTS AND THEIR BENEFICIARIES BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE PLAN PROVIDES MEDICAL, DENTAL, OPTICAL, HEARING AIDS, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEAN NEMCEK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7083661188 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7700 INDUSTRIAL DR | AddressLine1 |
| City | FOREST PARK | City |
| State | IL | State |
| ZIP Code | 60130 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated |
|---|---|---|---|---|---|---|
| JOHN ZAHORIK - RETIRED 22012 | ||||||
| EMPLOYER TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| JAMES CROWLEY | ||||||
| UNION TRUSTEE | 0.30 | X | 0 | 4291 | 3358 | 0.30 |
| PATRICK CLARK | ||||||
| EMPLOYER TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| MAUREEN ESPOSITO - NEW 102012 | ||||||
| EMPLOYER TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| CRAIG SATALIC | ||||||
| UNION TRUSTEE | 0.30 | X | 0 | 182014 | 92349 | 55.00 |
| JOHN GARDINER | ||||||
| UNION TRUSTEE | 0.30 | X | 0 | 148436 | 85568 | 50.00 |
| THERESA KERN-RESIGNED 102012 | ||||||
| EMPLOYER TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| DAVID QUIN - NEW 22012 | ||||||
| EMPLOYER TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 334741 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 181275 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GROUP ADMINISTRATORS LTD | |||||
| 915 NATIONAL PARKWAY STE F | SCHAUMBURG | IL | 60173 | CLAIMS PROCESSING | 417776 |
| LANER MUCHIN DOMBROW BECKER LEVIN A | |||||
| 515 N STATE STREET STE 2800 | CHICAGO | IL | 60610 | LEGAL SERVICES | 205085 |
| THE SEGAL COMPANY | |||||
| 101 N WACKER DRIVE STE 500 | CHICAGO | IL | 60606 | CONSULTING SERVICES | 161995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | 24802895 | 24802895 |
| RETIREE CO-PAYMENTS | 900099 | 836281 | 836281 |
| COBRA CONTRIBUTIONS | 900099 | 277279 | 277279 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 25916455 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 878293 | TotalRevenueColumn |
| Exclusion | $878,293 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21701208 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21959250 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -258042 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -258042 | TotalRevenueColumn |
| Related Or Exempt Function Income | -258042 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MEDICARE REIMBURSEMENT | 900099 | 102433 | 102433 |
| MISCELLANEOUS INCOME | 900099 | 626 | 626 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 103059 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26639765 | TotalRevenueColumn |
| Related Or Exempt Function Income | 25761472 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $878,293 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21908850 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 296760 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57308 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71881 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 151346 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14647 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13567 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9676 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14069 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29529 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| ADMINISTRATIVE SERVICES | 141824 |
| MISCELLANEOUS EXPENSE | 5968 |
| DUES AND SUBSCRIPTIONS | 2669 |
| OUTSIDE TEMPORARY SERVI | 1919 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22720013 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3835096 | BOY |
| EOY | 2567852 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2009967 | BOY |
| EOY | 1896697 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23447 | BOY |
| EOY | 58439 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 216939 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 167697 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63311 | BOY |
| EOY | 49242 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11885669 | BOY |
| EOY | 10051644 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19962077 | BOY |
| EOY | 27405117 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122305 | BOY |
| EOY | 453990 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37901872 | BOY |
| EOY | 42482981 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146919 | BOY |
| EOY | 80906 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22775386 | BOY |
| EOY | 21868030 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22922305 | BOY |
| EOY | 21948936 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14979567 | BOY |
| EOY | 20534045 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14979567 | BOY |
| EOY | 20534045 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37901872 | BOY |
| EOY | 42482981 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 3919752 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1634726 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 156955 | OtherCostOrOtherBasis |
| Depreciation | 107713 | Depreciation |
| Book Value | 49242 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 59984 | OtherCostOrOtherBasis |
| Depreciation | 59984 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 49242 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CERTIFICATES OF DEPOSIT | 150294 | F |
| COMMON AND COLLECTIVE TRUSTS | 20654553 | F |
| MUTUAL FUNDS | 6184855 | F |
| CORPORATE BONDS AND NOTES | 415415 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 27405117 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ESTIMATED LIABILITY FOR FUTURE BENEFITS | $19,153,400 |
| ESTIMATED LIABILITY FOR CLAIMS PAYABLE AND CLAIMS INCURRED AND NOT REPORTED | $2,714,630 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 21868030 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 28202610 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1634726 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1634726 | RevenueNotRptdF990 |
| Revenue Subtotal | 26567884 | RevenueSubtotal |
| Investment Expenses Not Included | 71881 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 71881 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 26639765 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 23457327 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 23457327 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 71881 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -809195 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -737314 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 22720013 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XII, LINE 4B - OTHER ADJUSTMENTS: | Identifier |
| Explanation | CHANGE IN CLAIMS PAYABLE -809,195. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CRAIG SATALIC | ||||||||||||||
| UNION TRUSTEE | 0 | 182014 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92349 | 0 | 274363 | 0 | 0 |
| JOHN GARDINER | ||||||||||||||
| UNION TRUSTEE | 0 | 148436 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85568 | 0 | 234004 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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 11 | FORM 990 IS REVIEWED BY THE TRUSTEES AT THE MEETING PRECEDING 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
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|
| 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 | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (198 entries)
| Controlled OrgControlledOrg |
|---|
| 4-S ERECTION INC |
| 0 |
| AC IRONLLC |
| 0 |
| ACCURATE STEEL INSTALLERSINC |
| 0 |
| ADVANCE STEEL ERECTION INC |
| 0 |
| ADVANCED CRANE TECHNICIANSINC |
| 0 |
| ADVANCED WELDING & EQUIPMENT |
| 0 |
| ADVANTAGE IRON WORKING SYSTEMS |
| 0 |
| ALL AMERICAN STEEL INC |
| 0 |
| ALLIANCE SPECIALTY TRADES |
| 0 |
| AMBARINC |
| 0 |
| AMERICAN STEELWORKS INC |
| 0 |
| AMEX NOOTER |
| 0 |
| ANGUS CONTRACTORSINC |
| 0 |
| AREA EQUIPMENT INC |
| 0 |
| AREA ERECTORSINC |
| 0 |
| AREATHA CONSTRUCTION COMPANY |
| 0 |
| ASSEMBLERS INC |
| 0 |
| ASSOCIATED COST ENGINEERS INC |
| 0 |
| ATMI DYNACORE LLC |
| 0 |
| AZARCON CRANE & EQUIP SERVICE |
| 0 |
| B & D IRONWORKS INC |
| 0 |
| BAKE'S STEEL ERECTORS |
| 0 |
| BANE-NELSON INC |
| 0 |
| BARRIER CORPORATION |
| 0 |
| BCBM LLC |
| 0 |
| BERGLUND CONSTRUCTION CO |
| 0 |
| BIGGE CRANE & RIGGING COMPANY |
| 0 |
| BMW CONSTRUCTORSINC |
| 0 |
| BOND STEEL INC |
| 0 |
| BRAND ENERGY SERVICES LLC |
| 0 |
| BRANDONISIO CONSTRUCTION CORP |
| 0 |
| BRIESER CONSTRUCTION |
| 0 |
| C & B GLASS INC |
| 0 |
| CR MEYER & SONS COMPANY |
| 0 |
| CANNON EQUIPMENT COMPANY INC |
| 0 |
| CASE FOUNDATION COMPANY |
| 0 |
| CHICAGO DECKINGINC |
| 0 |
| CHICAGO HEIGHTS CONST CO |
| 0 |
| CHICAGO STEEL CONSTRUCTION LL |
| 0 |
| CHICAGO TRANSIT AUTHORITY |
| 0 |
| CLAUSEN STRUCTURES INC |
| 0 |
| CLEARSPAN FABRIC STRUCTURES |
| 0 |
| COMPOSITE STEEL PROD INC |
| 0 |
| CORDECK SALES INC |
| 0 |
| CORSETTI STRUCTURAL STEEL |
| 0 |
| COST OF WISCONSIN INC |
| 0 |
| D CONSTRUCTIONINC |
| 0 |
| DANNYS CONSTRUCTION CO |
| 0 |
| DEARBORN CRANE & ENGINEERING |
| 0 |
| DEARBORN MID-WEST CONVEYOR CO |
| 0 |
| DEPASQUALE STEEL ERECTORS INC |
| 0 |
| DESIGNED EQUIPMENT CORP |
| 0 |
| DIMENSIONAL TECHNOLOGYINC |
| 0 |
| DIVERSIFIED CONSTR SERVICES |
| 0 |
| DRILLED FOUNDATIONS INC |
| 0 |
| DUBURG IRON WORKS INC |
| 0 |
| DYWIDAG SYSTEMS INT'L USA INC |
| 0 |
| EDWARD KRAEMER & SONS |
| 0 |
| EMA CONSTRUCTION SERVICESINC |
| 0 |
| EMERALD ERECTORSINC |
| 0 |
| ESA STEEL INC |
| 0 |
| FASTRACK ERECTORS |
| 0 |
| FOUNDATION DRILLING CO INC |
| 0 |
| GATEWAY CONSTR CO INC |
| 0 |
| GATEWAY-OLD CHICAGO STEEL JV |
| 0 |
| GFS-FENCE GUARDRAIL & SIGNAGE |
| 0 |
| GILCO SCAFFOLDING CO |
| 0 |
| GRAYCOR INDUSTRIAL CONSTRUCTOR |
| 0 |
| GUARDIAN CONST PROD INC |
| 0 |
| HAMPTON IRONWORKS INC |
| 0 |
| HANSEN DECK ERECTORSINC |
| 0 |
| HANSON AGGREGATELEHIGH HANSON |
| 0 |
| HAUTER BROTHERS INC |
| 0 |
| HERITAGE STEEL CONSTR LLC |
| 0 |
| HORIZON ORNAMENTAL IRON INC |
| 0 |
| IWLOC#1 ORG&PROMOTION FUND |
| 0 |
| II IN ONE CONTRREBAR JV |
| 0 |
| II IN ONE CONTRACTORS INC |
| 0 |
| ILLINOIS CONSTRUCTORS CORP |
| 0 |
| IMPERIAL CONSTRUCTION ASSOC |
| 0 |
| IMPERIAL STEEL CONSTRUCTION |
| 0 |
| INDEPENDENT MECH INDUSTRIES |
| 0 |
| INFINITY ACCESS INC |
| 0 |
| INSTALLATION SERVICESINC |
| 0 |
| INTEGRITY BLDRSWRECKCON SPECS |
| 0 |
| INTERNATIONAL ERECTORS INC |
| 0 |
| INTERNATIONAL SCAFFOLD ERECT |
| 0 |
| IPEMA CONCRETE CONSTR INC |
| 0 |
| IW LOCAL #1 |
| 0 |
| IW LOCAL #1 (APPR HALL) |
| 0 |
| IW LOCAL #1 UNION HALL |
| 0 |
| J & B STEEL CONTRACTORS INC |
| 0 |
| J COYNE CONSTRUCTION INC |
| 0 |
| JV CRANE & ENGINEERING INC |
| 0 |
| JB ERECTORS INC |
| 0 |
| JEPP CORPORATION |
| 0 |
| JJB STEELINC |
| 0 |
| JK STEEL ERECTORSINC |
| 0 |
| JOLIET STEEL CONSTRUCTION INC |
| 0 |
| JOSEPH J HENDERSON & SONS INC |
| 0 |
| K & K IRON WORKS LLC |
| 0 |
| K-FIVE CONSTRUCTION CORP |
| 0 |
| KETLERFK COMPANY |
| 0 |
| KIEWIT INFRASTRUCTURE CO |
| 0 |
| KUJAK STEEL ERECTORS |
| 0 |
| KUJO INC |
| 0 |
| KVAERNER NAC |
| 0 |
| LEON CONSTRUCTION CO |
| 0 |
| LILJA CORPORATION |
| 0 |
| M-JTJ CONTRACTORS & BLDRS INC |
| 0 |
| MA STEEL ERECTORS INC |
| 0 |
| MAJESTIC STEEL ERECTORS |
| 0 |
| MARK 1 RESTORATION COMPANY |
| 0 |
| MARTIN CEMENT COMPANY |
| 0 |
| MAYO STEEL ERECTORS INC |
| 0 |
| MC HUGH CONSTRUCTION CO JAMES |
| 0 |
| MCHENRY CONSTRUCTION COINC |
| 0 |
| MCHUGHARIAZA JV |
| 0 |
| MCHUGHRITEWAY JOINT VENTURE |
| 0 |
| MECHANICAL & INDUSTRIAL STEEL |
| 0 |
| MEGA STEEL CORP |
| 0 |
| METROPOLITAN STEEL INC |
| 0 |
| MID-AMERICA STEEL ERECTORS |
| 0 |
| MIDWEST HOIST & TOWER CRANE |
| 0 |
| MIDWEST STEEL INC |
| 0 |
| MITCHELL STEELINC |
| 0 |
| MTH INDUSTRIES |
| 0 |
| NAES POWER CONTRACTORS |
| 0 |
| NATIONAL IRON WORKERS |
| 0 |
| NATIONAL MACHINERY & CONVEYOR |
| 0 |
| NEW ENGLAND LEAD BURNING INC |
| 0 |
| NICK'S METAL FABR & SONS INC |
| 0 |
| NORTH AMERICAN PRECAST SERVICE |
| 0 |
| OLD CHICAGO STEEL INC |
| 0 |
| OVERHEAD CONVEYOR COMPANY |
| 0 |
| OWS ENT INC |
| 0 |
| PIERINI IRON WORKSINC |
| 0 |
| PLATINUM STEEL LLC |
| 0 |
| POINT STEEL ERECTORS INC |
| 0 |
| PRAXIS CONSTRUCTION |
| 0 |
| PRECISE STEEL INC |
| 0 |
| PREMIUM CONCRETEINC |
| 0 |
| PRIME INDUSTRIAL CONTR INC |
| 0 |
| PRIME SCAFFOLDINC |
| 0 |
| PRO-BEL ENTERPRISES LIMITED |
| 0 |
| PROFESSIONAL STEEL SERVICES |
| 0 |
| PULLARA INC |
| 0 |
| QUINCO STEEL INC |
| 0 |
| R OLSON CONSTR CO CONTR |
| 0 |
| RAUSCH CONSTRUCTION CO INC |
| 0 |
| REGAL STEEL ERECTORS LLC |
| 0 |
| RELIABLE CONSTRUCTION COMPANY |
| 0 |
| REVCON CONSTRUCTION CORP |
| 0 |
| REYNOLDS TRANS & STORAGE |
| 0 |
| RIGGING SERVICESINC |
| 0 |
| RISCH CONSTRUCTION INC |
| 0 |
| ROJAS CONCRETE INC |
| 0 |
| ROSEBROOK CAREFREE POOLS |
| 0 |
| RUN-N-GUN IRONWORKS INC |
| 0 |
| S & J CONSTRUCTION CO INC |
| 0 |
| S HAINES PAVING & ESCAVATING |
| 0 |
| SAFWAY ATLANTIC LLC |
| 0 |
| SAFWAY SERVICES LLC |
| 0 |
| SCHMIDT STEEL INC |
| 0 |
| SEITHER & CHERRY QUAD CITIES |
| 0 |
| SHEPHERD STEEL ERECTORS INC |
| 0 |
| SIEVERT ELEC SERV & SALES |
| 0 |
| SKYWAY CRANE ERECTORS |
| 0 |
| SPANCRETE OF ILLINOIS INC |
| 0 |
| STAIR ONE INC |
| 0 |
| STATELINE CORPORATION |
| 0 |
| STEEL COMPONENTS CO |
| 0 |
| STEEL SERVICES ENTERPRISES |
| 0 |
| STEPPO SUPPLY & CONSTR |
| 0 |
| STEVENSON CRANE SERVICE INC |
| 0 |
| STRATA CONTRACTORS LTD |
| 0 |
| STRESCORE INC |
| 0 |
| STRUCTURAL STRATEGIES INC |
| 0 |
| SUPERIOR CONSTRUCTION |
| 0 |
| T MANNING CONCRETEINC |
| 0 |
| T MOONCOTCH INC |
| 0 |
| THE AMERICAN GROUP OF CONSTR |
| 0 |
| TNT SUPERSTEEL CORP INC |
| 0 |
| TONN AND BLANK CONSTR LLC |
| 0 |
| TOTAL SURFACE LLC |
| 0 |
| USA HOIST COINC |
| 0 |
| UNIFIED BUILDING SYSTEMS |
| 0 |
| WDC ERECTORS |
| 0 |
| WEB PROD & FABR INC |
| 0 |
| WALBRIDGE EQUIP INSTALLATION |
| 0 |
| WALSH CONSTR CO OF ILL |
| 0 |
| WALSH CONSTR COMPANY II LLC |
| 0 |
| WEILAND WELDING INC |
| 0 |
| WESTERN REMAC INC |
| 0 |
| WHEATLAND REBAR LLC |
| 0 |
| WILLIAMS STEEL ERECTORS |
| 0 |
| WINDY CITY STEEL CONSTRUCTION |
| 0 |
| ZION SOLUTIONS LLC |
| 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | FORM 990, SCHEDULE R, PART IV: | ReturnReference |
| 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. | Explanation |