TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- TEAMSTERS LOCAL UNION NO 727 HEALTH AND WELFARE FUND (EIN 36-6069119)
- Tax period
- 2010-03-01 to 2011-02-28
- Filed
- 2012-03-13
- IRS object ID
- 201210739349301101
- Schema version
- 2010v3.4
- 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 | 2012-03-13T16:04:32-05:00 | Timestamp |
| Tax Period End Date | 2011-02-28 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANSLEY & KIENER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8745 W HIGGINS RD | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60631 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-03-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366069119 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEAMSTERS LOCAL 727 HEALTH AND WELFARE FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TEAM | NameControl |
| Phone | 7736850340 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5940 W MONTROSE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60634 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS J MORIARTY | Name |
| Title | TRUSTEE | Title |
| Phone | 7736850340 | Phone |
| Date Signed | 2012-03-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL MERKEL | Name |
| Phone | 3122632700 | Phone |
| Date Prepared | 2012-03-03 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | THOMAS J MORIARTY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5940 W MONTROSE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60634 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 36270305 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1961 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS OF TEAMSTERS LOCAL 727 AND THEIR DEPENDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | 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 | 30591947 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 30579277 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1612781 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2480260 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 36922 | OtherRevenuePriorYear |
| Other Revenue Current Year | 28782 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 29016088 | TotalRevenuePriorYear |
| Total Revenue Current Year | 33088319 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 27303759 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 31145144 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 813696 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 834122 | 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 | 614355 | OtherExpensePriorYear |
| Other Expenses Current Year | 556552 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 28731810 | TotalExpensesPriorYear |
| Total Expenses Current Year | 32535818 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 284278 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 552501 | RevenuesLessExpensesCY |
| Total Assets BOY | 57719371 | TotalAssetsBOY |
| Total Assets EOY | 64125084 | TotalAssetsEOY |
| Total Liabilities BOY | 13527120 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15791681 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 44192251 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 48333403 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS OF TEAMSTERS LOCAL 727 AND THEIR DEPENDENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | PROVIDE HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE MEMBERS OF TEAMSTERS LOCAL 727 AND THEIR DEPENDENTS. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 799 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| 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 | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | 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 | WILLIAM COLI FUND ADMINISTRATOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7736850340 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5940 W MONTROSE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60634 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JOHN COLI | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| THOMAS J MORIARITY | |||||||
| TRUSTEE | 2.50 | X | 0 | 36000 | 0 | ||
| CARL TOMINBERG | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| GREG YOUMANS | |||||||
| TRUSTEE | 3.00 | X | 0 | 21000 | 0 | ||
| ROBERT SHEEHY | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| JOSEPH COLI | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| JOHN T COLI JR | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| STEPHANIE BRINSON | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| WILLIAM COLI | |||||||
| FUND MANAGER | 35.00 | 0 | 180037 | 54361 | X | ||
| BENEDICT AFFETTO | |||||||
| CFR | 20.00 | 0 | 101538 | 38662 | X | ||
| ROBERT MACARTHUR | |||||||
| CFR | 26.00 | 0 | 101538 | 38662 | X | ||
| MELVIN PRYOR | |||||||
| CFR | 30.00 | 0 | 101538 | 38662 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 541651 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 170347 | 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 |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | |||||
| 300 E RANDOLPH | CHICAGO | IL | 60601 | CLAIMS ACCESS FEES | 1084025 |
| ELITE ADMINISTRATION AND INSURANCE GROUP | |||||
| 1300 W HIGGINS ROAD SUITE 208 | PARK RIDGE | IL | 60068 | CLAIMS ADMINISTRATOR | 529871 |
| BANSLEY AND KIENER LLP | |||||
| 8745 W HIGGINS SUITE 200 | CHICAGO | IL | 60631 | ACCOUNTING FEES | 245325 |
| 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 | 29547132 | 29547132 |
| PAYROLL AUDIT COLLECTI | 900099 | 832989 | 832989 |
| PARTICIPANT CONTRIBUIT | 900099 | 199156 | 199156 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 30579277 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2427847 | TotalRevenueColumn |
| Exclusion | $2,427,847 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3234399 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3181986 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 52413 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 52413 | TotalRevenueColumn |
| Exclusion | $52,413 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | COBRA SUBSIDY INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 28782 | TotalRevenueColumn |
| Related Or Exempt Function Income | 28782 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 28782 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33088319 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30608059 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,480,260 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31145144 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183955 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405768 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143551 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57716 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43132 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78634 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247828 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18671 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27103 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54843 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16061 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30332 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6752 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29825 | Total |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| ADMINISTRATIVE EXPENSES | 42464 |
| MEMBERSHIP FEES | 4039 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32535818 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261189 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7152460 | BOY |
| EOY | 5410215 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3221730 | BOY |
| EOY | 3649303 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39775 | BOY |
| EOY | 25401 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 164840 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 139253 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32339 | BOY |
| EOY | 25587 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33354497 | BOY |
| EOY | 37696128 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12987495 | BOY |
| EOY | 16099352 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 669886 | BOY |
| EOY | 1219098 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57719371 | BOY |
| EOY | 64125084 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120999 | BOY |
| EOY | 117797 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13406121 | BOY |
| EOY | 15673884 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13527120 | BOY |
| EOY | 15791681 | 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 | 44192251 | BOY |
| EOY | 48333403 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44192251 | BOY |
| EOY | 48333403 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57719371 | BOY |
| EOY | 64125084 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 552501 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3588651 | 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 |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 43162 | OtherCostOrOtherBasis |
| Depreciation | 23801 | Depreciation |
| Book Value | 19361 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 121678 | OtherCostOrOtherBasis |
| Depreciation | 115452 | Depreciation |
| Book Value | 6226 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 25587 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMERICA MID CAP INDEX FUND | 1378364 | F |
| COMERICA SMALL CAP INDEX FUND | 590814 | F |
| COMERICA LARGE CAP INDEX FUND | 14130174 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 16099352 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO RELATED ORGANIZATIONS | $236,295 |
| CLAIMS INCURRED BUT NOT REPORTED | $3,200,000 |
| ACCUMULATED ELIGIBILITY | $11,894,000 |
| CASH OVERDRAFT | $343,589 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 15673884 | TotalOfAmounts |
| Total Revenue | 33088319 | TotalRevenue |
| Total Expenses | 32535818 | TotalExpenses |
| Excess Or Deficit For Year | 552501 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3588651 | NetUnrealizedGLOnInvestments |
| Other | $1,894,000 | OtherAmount |
| Total Adjustments | 5482651 | TotalAdjustments |
| Excess Or Deficit Per FS | 6035152 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 36658299 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3588651 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 3588651 | RevenueNotRptdF990 |
| Revenue Subtotal | 33069648 | RevenueSubtotal |
| Investment Expenses Not Included | 18671 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 18671 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 33088319 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 30623147 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 30623147 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 18671 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1894000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1912671 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 32535818 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | INCREASE IN BENEFIT OBLIGATIONS 1,894,000. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | INCREASE IN BENEFIT OBLIGATIONS 1,894,000. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WILLIAM COLI | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 157083 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 6154 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 16800 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 54361 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 234398 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 247128 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THERE IS A FAMILY RELATIONSHIP BETWEEN JOHN T. COLI, JOHN T. COLI JR., JOSEPH COLI, AND WILLIAM COLI. | |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO SUBCOMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF TRUSTEES GIVES AUTHORITY TO WILLIAM COLI, FUND MANAGER, TO REVIEW THE FORM 990 AND APPROVE THE FILING. THE BOARD OF TRUSTEES IS PRESENTED WITH THE FINAL FORM 990 AFTER FILING. | |
| PART VII, SECTION A, COLUMN E AND F: THE BOARD OF TRUSTEES APPROVES THE SALARY AND ANY INCREASE ANNUALLY FOR THE FUND MANAGER. THE FUND MANAGER'S SALARY IS PAID BY THE RELATED TEAMSTERS LOCAL UNION NO. 727 PENSION FUND (PENSION FUND) AND IS SHARED WITH THE THE RELATED TEAMSTERS LOCAL UNION NO. 727 LEGAL AND EDUCATIONAL ASSISTANCE FUND (LEGAL AND EDUCATION FUND) AND TEAMSTERS LOCAL UNION NO. 727 HEALTH AND WELFARE FUND (REPORTING FUND). TOTAL COMPENSATION FOR THE FUND MANAGER IS ALLOCATED BETWEEN THESE RELATED BENEFIT FUNDS. TOTAL ALLOCATED COMPENSATION FOR THE FUND MANAGER TO THE REPORTING FUND IS INCLUDED IN PART IX, LINE 5. THE PENSION FUND PAYS THOMAS J. MORIARTY AND GREG YOUMANS FOR SERVICES PROVIDED TO THE RELATED FUNDS. THE COMPENSATION IS ALLOCATED AMONG THE REPORTING FUND, PENSION FUND AND LEGAL AND EDUCATION FUND. TOTAL ALLOCATED COMPENSATION TO THE REPORTING FUND IS INCLUDED IN PART IX, LINE 5. | ||
| THE BOARD OF TRUSTEES WILL MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND/OR FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| ESTIMATED AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS | JOHN T. COLI - 1.5 HOURS LEGAL AND EDUCATION; 4 HOURS PENSION JOHN T. COLI, JR. - 0.5 HOURS LEGAL AND EDUCATION; 2.5 HOURS PENSION JOSEPH COLI - 0.5 HOURS LEGAL AND EDUCATION; 2.5 HOURS PENSION STEPHANIE BRINSON - 0.5 HOURS LEGAL AND EDUCATION; 2.5 HOURS PENSION THOMAS MORIARTY - 2.5 HOURS LEGAL AND EDUCATION; 2.5 HOURS PENSION CARL TOMINBERG - 0.5 HOURS LEGAL AND EDUCATON; 2.5 HOURS PENSION GREGORY YOUMANS - 1 HOUR LEGAL AND EDUCATION; 4 HOURS PENSION ROBERT SHEEHY - 0.8 HOURS LEGAL AND EDUCATION; 2.5 HOURS PENSION BENEDICT AFFETTO - 13 HOURS LEGAL AND EDUCATION; 13 HOURS PENSION ROBERT MACARTHUR - 11 HOURS LEGAL AND EDUCATION; 13 HOURS PENSION MELVIN PRYOR - 8 HOURS LEGAL AND EDUCATION; 12 HOURS PENSION WILLIAM COLI - 1 HOUR LEGAL AND EDUCATION; 12 HOURS PENSION | PART VII, SECTION A, COLUMN B |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 3,588,651. | FORM 990, PART XI, LINE 5: |
| THE FUND MANAGER IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THE BOARD OF TRUSTEES SELECTS THE INDEPENDENT ACCOUNTANT. | PART XI, LINE 2C |
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 | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| TEAMSTERS LOCAL UNION NO 727 PENSION FUND | |||||||||
| 5940 W MONTROSE AVE | CHICAGO | IL | 60634 | 366102397 | DEFINED BENEFIT PLAN | IL | 401(A) | N/A | 0 |
| TEAMSTERS LOCAL UNION NO 727 LEGAL AND EDUCATION FUND | |||||||||
| 5940 W MONTROSE AVE | CHICAGO | IL | 60634 | 363429967 | LEGAL AND EDUCATION ASSISTANCE FUND | IL | 501(C)(9) | N/A | 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 |
| 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 | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THIS RETURN IS BEING FILED BETWEEN MARCH 1, 2012 AND MARCH 30, 2012, AS DIRECTED BY THE IRS IN NOTICE 2012-4, BECAUSE ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 29, 2012. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE TO THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN. | Explanation |