ELECTRICAL INSURANCE TRUSTEES: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ELECTRICAL INSURANCE TRUSTEES (EIN 36-1033970)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-04-11
- IRS object ID
- 201101019349300415
- Schema version
- 2009v1.7
- 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 | 2011-04-11T13:57:14-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Legacy Professionals LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 311 S Wacker Drive Ste 4000 | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 361033970 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELECTRICAL INSURANCE TRUSTEES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ELEC | NameControl |
| Phone | 3127825442 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 NORTH LASALLE STREET No 200 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | mr william t divane jr | Name |
| Title | trustee | Title |
| Phone | 3127825442 | Phone |
| Date Signed | 2011-04-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123680500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | mr william t divane jr | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 NORTH LASALLE STREET No 200 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 191187292 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1930 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE MEDICAL BENEFITS TO PLAN PARTICIPANTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 29 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 215880412 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 183468504 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 10197933 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7718788 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 226078345 | TotalRevenuePriorYear |
| Total Revenue Current Year | 191187292 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 178972151 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 211035007 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2434475 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2424911 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5295873 | OtherExpensePriorYear |
| Other Expenses Current Year | 5625621 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 186702499 | TotalExpensesPriorYear |
| Total Expenses Current Year | 219085539 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 39375846 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -27898247 | RevenuesLessExpensesCY |
| Total Assets BOY | 408166588 | TotalAssetsBOY |
| Total Assets EOY | 374023351 | TotalAssetsEOY |
| Total Liabilities BOY | 13899211 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12516140 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 394267377 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 361507211 | NetAssetsOrFundBalancesEOY |
| Mission Description | Provide medical benefits to plan participants. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | PROVIDE MEDICAL, DEATH, DISABILITY AND UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS AND DEPENDENTS IN ACCORDANCE WITH PROVISIONS OF THE PLAN. | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 36 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 29 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | 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 | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | 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 | MR SEAN P MADIX ADMINISTRATOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3127825442 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 N LASALLE ST | AddressLine1 |
| City | chicago | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Timothy Foley | |||||||
| trustee | 5.00 | X | X | 0 | 0 | 0 | |
| MICHAEL J CADDIGAN | |||||||
| TRUSTEE | 10.00 | X | X | 0 | 0 | 0 | |
| LARRY CRAWLEY | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| SAMUEL EVANS | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| JIM NORTH | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| WILLIAM T DIVANE JR | |||||||
| TRUSTEE | 10.00 | X | X | 0 | 0 | 0 | |
| KEVIN M O'SHEA | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| steven diamond | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| MICHAEL R WALSDORF | |||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | ||
| KENNETH BAUWENS | |||||||
| TRUSTEE | 5.00 | X | X | 0 | 0 | 0 | |
| SEAN MADIX | |||||||
| ADMINISTRATOR | 50.00 | X | 267935 | 0 | 117057 | ||
| MARIA M CANDIOTTI | |||||||
| DIRECTOR OF OPERATIONS | 50.00 | 110324 | 0 | 74949 | X | ||
| PETER KIM | |||||||
| DIRECTOR OF INFORMATION | 50.00 | 123979 | 0 | 38168 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 502238 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 230174 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| blue crossblue shield of illinois | |||||
| 300 e randolph | chicago | IL | 60601 | medical claims processor | 6613603 |
| cigna behavioral health | |||||
| po box 1450 nw 7307 | minneapolis | MN | 55485 | member assistance program | 655120 |
| MERCER | |||||
| 10 s wacker drive suite 1700 | chicago | IL | 60606 | consulting and actuarial services | 649677 |
| LEGACY PROFESSIONALS LLP | |||||
| 311 SOUTH WACKER DRIVE SUITE 4000 | chicago | IL | 60606 | AUDITING, PAYROLL COMPLIANCE AUDITS, CLA | 501214 |
| AMALGATRUST | |||||
| ONE WEST MONROE STREET | CHICAGO | IL | 60603 | INVESTMENT MANAGEMENT | 376436 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | 172333732 | 172333732 |
| prescription drug reba | 900099 | 3773612 | 3773612 |
| medicare part d subsid | 900099 | 2572812 | 2572812 |
| reimbursed shared expe | 900099 | 2547858 | 2547858 |
| PARTICIPANT CONTRIB. | 900099 | 1392301 | 1392301 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 848189 | TotalRevenueColumn |
| Related Or Exempt Function Income | 848189 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 183468504 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7718788 | TotalRevenueColumn |
| Exclusion | $7,718,788 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 191187292 | TotalRevenueColumn |
| Related Or Exempt Function Income | 183468504 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $7,718,788 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 211035007 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 271907 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1279023 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347906 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 416668 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109407 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 725408 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 691870 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 610028 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1422475 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 791220 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 437260 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38842 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350126 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 470317 | Total |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | miSCELLANEOUS EXPENSES | Description |
| Total | 88075 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219085539 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 380921 | BOY |
| EOY | 187164 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114997618 | BOY |
| EOY | 93546060 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14850402 | BOY |
| EOY | 15824830 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 480416 | BOY |
| EOY | 476867 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3476208 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1543282 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1909631 | BOY |
| EOY | 1932926 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275533773 | BOY |
| EOY | 262054477 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13827 | BOY |
| EOY | 1027 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408166588 | BOY |
| EOY | 374023351 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2564163 | BOY |
| EOY | 2427031 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 346075 | BOY |
| EOY | 410718 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10988973 | BOY |
| EOY | 9678391 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13899211 | BOY |
| EOY | 12516140 | 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 | 394267377 | BOY |
| EOY | 361507211 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 394267377 | BOY |
| EOY | 361507211 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408166588 | BOY |
| EOY | 374023351 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3476208 | OtherCostOrOtherBasis |
| Depreciation | 1543282 | Depreciation |
| Book Value | 1932926 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1932926 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN EIT INSURANCE MASTER TRUST | Description |
| Book Value | 262054477 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 262054477 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO RELATED ENTITIES | Description |
| Amount | $9,678,391 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9678391 | TotalOfAmounts |
| Total Revenue | 191187292 | TotalRevenue |
| Total Expenses | 219085539 | TotalExpenses |
| Excess Or Deficit For Year | -27898247 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 13170937 | NetUnrealizedGLOnInvestments |
| Other | -$18,032,856 | OtherAmount |
| Total Adjustments | -4861919 | TotalAdjustments |
| Excess Or Deficit Per FS | -32760166 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 201200343 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 13170937 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 13170937 | RevenueNotRptdF990 |
| Revenue Subtotal | 188029406 | RevenueSubtotal |
| Investment Expenses Not Included | 610028 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 2547858 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3157886 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 191187292 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 233960509 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 18032856 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 18032856 | ExpensesNotRptdF990 |
| Expenses Subtotal | 215927653 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 610028 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 2547858 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3157886 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 219085539 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | The individual plans file Form 5500, Annual Return/Report of Employee Benefit Plan, with the Internal Revenue Service (IRS). The Plans' returns are subject to examination until the applicable statute of limitations expires. The Trust files Form 990, Return of Organization Exempt from Income Tax. The Trust's returns are subject to examination by the Internal Revenue Service until the applicable statute of limitations expires. |
| Part XI, Line 8 - Other Adjustments: | transfer of assets to affiliated pension plan TRANSFER OF ASSETS TO OTHER UNRELATED RETIREMENT PLANS | |
| Part XII, Line 4b - Other Adjustments: | reimbursed shared expenses reported net on financial statements: 2547858. | |
| Part XIII, Line 2d - Other Adjustments: | transfer of assets to affiliated pension plan: 17882988. transfer of assets to other unrelated retirement plans: 149868. | |
| Part XIII, Line 4b - Other Adjustments: | reimbursed shared expenses reported net on financial statements: 2547858. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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 (3 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SEAN MADIX | |||||||||||||
| 258181 | 0 | 0 | 0 | 9754 | 0 | 102987 | 0 | 14070 | 0 | 384992 | 0 | 0 | 0 |
| MARIA M CANDIOTTI | |||||||||||||
| 110324 | 0 | 0 | 0 | 0 | 0 | 16869 | 0 | 58080 | 0 | 185273 | 0 | 0 | 0 |
| PETER KIM | |||||||||||||
| 123979 | 0 | 0 | 0 | 0 | 0 | 24098 | 0 | 14070 | 0 | 162147 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | PURSUANT TO A WRITTEN EMPLOYMENT AGREEMENT; Membership fees to American Airlines Admiral Club are paid by the organization on behalf of Sean Madix. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 7a | The Executive Committee of the Electrical Contractors Association appoints the Management trustees. The President of Local Union 134 IBEW appoints the Union trustees. |
| Form 990, Part VI, Section B, line 11 | A copy of the 990 was provided to the governing body prior to being filed. |
| Form 990, Part VI, Section B, line 15 | The executive committee determines compensation for top management and highest compensated employees. |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents and financial statements available for public inspection upon request. |
| FORM 990, SCHEDULE J, PART II, COLUMN B (III) - OTHER REPORTABLE COMPENSATION INCLUDES AUTOMOBILE AND LIFE INSURANCE REIMBURSEMENTS PURSUANT TO A WRITTEN EMPLOYMENT AGREEMENT. FORM 990, SCHEDULE J, PART II, COLUMN C - RETIREMENT AND OTHER DEFERRED COMPENSATION INCLUDES THE INCREASE IN THE PRESENT VALUE OF A DEFINED BENEFIT PENSION PLAN. FORM 990, SCHEDULE J, PART II, COLUMN D - NON-TAXABLE BENEFITS INCLUDE THE VALUE OF HEALTH AND WELFARE PREMIUMS AS WELL AS TUITION REIMBURSEMENTS THAT WERE MADE PURSUANT TO A WRITTEN TUITION REIMBURSEMENT AGREEMENT. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection |
|---|---|---|---|---|---|---|---|
| elec contr Assc of city of chgo&local 134 jt pen tst #2- | |||||||
| 221 n lasalle suite 200 | chicago | IL | 60601 | 516030753 | pension fund | IL | 401(a) |
| elec cont assc of city of chgo&local 134 jt pen tst #4 | |||||||
| 221 n lasalle suite 200 | chicago | IL | 60601 | 516030753 | pension fund | IL | 401(a) |
| elec cont assc of city of chgo&local 134 jt pen tst #5 | |||||||
| 221 n lasalle suite 200 | chicago | IL | 60601 | 516030753 | pension fund | IL | 401(a) |
| elec cont assc of city of chgo&local 134 jt pen tst #6 | |||||||
| 221 n lasalle suite 200 | chicago | IL | 60601 | 516030753 | pension fund | IL | 401(a) |
| electrical insurance trustees employees' retirement plan | |||||||
| 221 n lasalle suite 200 | chicago | IL | 60601 | 361033970 | PENSION FUND | IL | 401(a) |
| 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 | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| electrical insurance trustees employees' retirement plan | |
| P | 108000 |
| elec contractors assoc of the city of chic joint pension trust-Plan 2 | |
| P | 1404000 |
| elec contractors assoc of the city of chic joint pension trust-Plan 4 | |
| P | 348000 |
| elec contractors assoc of the city of chic joint pension trust-Plan 5 | |
| P | 509147 |
| elec contractors assoc of the city of chic joint pension trust-Plan 6 | |
| P | 66000 |