STRATEGY STUDIO / PUBLIC DATA EXPLORER

TEAMSTERS LOCAL 631 SECURITY FUND: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
TEAMSTERS LOCAL 631 SECURITY FUND (EIN 88-0231734)
Tax period
2010-05-01 to 2011-04-30
Filed
2012-03-12
IRS object ID
201200729349300115
Schema version
2010v3.2
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)
Timestamp2012-03-12T13:14:44-07:00Timestamp
Tax Period End Date2011-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BERRY & CO CPAS LTDBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line17030 SMOKE RANCH RDAddressLine1
CityLAS VEGASCity
StateNVState
ZIP Code891281202ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN880231734EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1TEAMSTERS LOCAL 631 SECURITY FUND FOR SOUTHERN NEVADABusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTEAMNameControl
Phone7022527001Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12901 EL CAMINO AVENUEAddressLine1
CityLAS VEGASCity
StateNVState
ZIP Code89102ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCLAY W YOUNGName
TitleTRUSTEETitle
Phone7022527001Phone
Date Signed2012-03-12DateSigned
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJOHN PHILLIPENASNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line12901 EL CAMINO AVE SUITE 206AddressLine1
CityLAS VEGASCity
StateNVState
ZIP Code89102ZIPCode
FieldValueIRS element (for citing)
Gross Receipts101615951GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization TrustXTypeOfOrganizationTrust
Year Formation1988YearFormation
State Legal DomicileNVStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE MEDICAL,DENTAL,VISION & COUNSELING BENEFITS TO PARTICIPANTSActivityOrMissionDescription
Nbr Voting Members Governing Body8NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year41319303ProgramServiceRevenuePriorYear
Program Service Revenue CY45625512ProgramServiceRevenueCY
Investment Income Prior Year523418InvestmentIncomePriorYear
Investment Income Current Year-869326InvestmentIncomeCurrentYear
Other Revenue Prior Year239395OtherRevenuePriorYear
Other Revenue Current Year825573OtherRevenueCurrentYear
Total Revenue Prior Year42082116TotalRevenuePriorYear
Total Revenue Current Year45581759TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year39886957BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY48149757BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year2423409OtherExpensePriorYear
Other Expenses Current Year2468524OtherExpensesCurrentYear
Total Expenses Prior Year42310366TotalExpensesPriorYear
Total Expenses Current Year50618281TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-228250RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-5036522RevenuesLessExpensesCY
Total Assets BOY34417409TotalAssetsBOY
Total Assets EOY48057766TotalAssetsEOY
Total Liabilities BOY81103975TotalLiabilitiesBOY
Total Liabilities EOY97304216TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-46686566NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-49246450NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROVIDE MEDICAL,DENTAL,VISION & COUNSELINGMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
DescriptionTO PROVIDE MEDICAL,DENTAL,VISION & COUNSELING BENEFITS TO PARTICIPANTS AND THEIR FAMILIES. APPROXIMATELY 3,813 ACTIVE AND 461 RETIRED PARTICIPANTS.Description
Described In501 C3falseDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10962NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members8NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1SOUTHWEST ADMINISTRATORS INCBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number7022527001TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line12901 EL CAMINO AVENUE SUITE 206AddressLine1
CityLAS VEGASCity
StateNVState
ZIP Code89102ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirector
JOHN PHILLIPENAS
TRUSTEE2.00X
KEVIN HARDISON
TRUSTEE2.00X
JOHNNY GONZALEZ
TRUSTEE2.00X
WAYNE DEY
TRUSTEE2.00X
TAYLOR ANDREWS
TRUSTEE2.00X
CLAY W YOUNG
TRUSTEE2.00X
LAURA CRAIG
TRUSTEE2.00X
THOMAS BRODEUR
TRUSTEE2.00X
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
BROWNSTEIN HYATT FARBER SCHRECK
100 CITY PARKWAY SUITE 1600LAS VEGASNV89106LEGAL334859
BERRY & CO CPA
7030 SMOKE RANCH RDLAS VEGASNV89128AUDIT AND ACCOUNTING184569
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumn
EMPLOYER CONTRIBUTIONS52510044008585
SELF-PAY CONTRIBUTIONS5251001616927
FieldValueIRS element (for citing)
Total Program Service Revenue45625512TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column255298TotalRevenueColumn
Exclusion$255,298ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities54909568Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities56034192Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-1124624Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-1124624TotalRevenueColumn
Exclusion-$1,124,624ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
COBRA REFUNDS900099762417762417
ERRP REFUNDS9000993916639166
OTHER INCOME9000992399023990
FieldValueIRS element (for citing)
Total Other Revenue825573TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column45581759TotalRevenueColumn
Related Or Exempt Function Income46451085RelatedOrExemptFunctionIncome
Exclusion-$869,326ExclusionAmount

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total48149757Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total346925Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total152418Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total308815Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total23186Total

Insurance Insurance

FieldValueIRS element (for citing)
Total14928Total

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotal
ACTUARIAL & CONSULTING FEES356295
ADMINISTRATOR FEES1265957

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total50618281Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
EOY139334EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY12123825BOY
EOY26991265EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY3722957BOY
EOY3865130EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY18131BOY
EOY84264EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY18499992BOY
EOY16977773EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY52504BOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY34417409BOY
EOY48057766EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY5160739BOY
EOY4335570EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY75943236BOY
EOY92968646EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY81103975BOY
EOY97304216EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY-46686566BOY
EOY-49246450EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-46686566BOY
EOY-49246450EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY34417409BOY
EOY48057766EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-5036522ReconcilationRevenueExpenses
Reconcilation Other Changes2476638ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule D IRS990ScheduleD

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionDUE FROM OTHER FUNDDescription

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
ACTUARIALLY CALCULATED POSTRETIREMENT BENEFIT OBLIGATION$88,173,099
ESTIMATED LIABILITY FOR FUTURE COVERAGE FOR ACTIVE PARTICIPANTS$4,675,547
EMPLOYER BOND DEPOSIT$120,000
FieldValueIRS element (for citing)
Total Of Amounts92968646TotalOfAmounts
Total Revenue45581759TotalRevenue
Total Expenses50618281TotalExpenses
Excess Or Deficit For Year-5036522ExcessOrDeficitForYear
Net Unrealized GL On Investments2476638NetUnrealizedGLOnInvestments
Other-$16,296,238OtherAmount
Total Adjustments-13819600TotalAdjustments
Excess Or Deficit Per FS-18856122ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt48058397TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments2476638NetUnrealizedGainsInvestments
Revenue Not Rptd F9902476638RevenueNotRptdF990
Revenue Subtotal45581759RevenueSubtotal
Total Revenue Per Form99045581759TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt34322044TotExpensesEtcAuditedFinclStmt
Expenses Subtotal34322044ExpensesSubtotal
Other Expenses Not Included16296238OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt16296238ExpensesNotRptdOnFinStmt
Total Expenses Per Form99050618282TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierExplanationExplanation
Pt XI Line 8CHANGE IN INCURRED CLAIMS, PROVISION FOR RETIREE AND FUTURE COVERAGE
Pt XIII Line 4bCHANGE IN INCURRED CLAIMS AND PROVISION FOR FUTURE COVERAGE

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierExplanationExplanation
Pt VI-B, Line 11aFORM 990 WAS PROVIDED TO ALL TRUSTEES FOR REVIEW PRIOR TO FILING
Pt VI-B, Line 12cTHE BOARD OF TRUSTEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS THAT HAVE ARISEN
Pt VI-C, Line 19PURSUANT TO ERISA