PIPE FITTERS TRAINING FUND: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
PIPE FITTERS TRAINING FUND (EIN 36-2536349)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-14
IRS object ID
201813189349309361
Schema version
2017v2.3
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)
Return2018-11-14T15:17:49-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN320043599PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LEGACY PROFESSIONALS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 WESTBROOK CORPORATE CENTER SUITEAddressLine1Txt
Address Line2700AddressLine2Txt
CityWESTCHESTERCityNm
State AbbreviationILStateAbbreviationCd
ZIP60154ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN362536349EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PIPE FITTERS' TRAINING FUND LOCAL 597BusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPIPEBusinessNameControlTxt
Phone7083269240PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110850 W 187TH STREETAddressLine1Txt
CityMOKENACityNm
State AbbreviationILStateAbbreviationCd
ZIP60448ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTOPHER HERNANDEZPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3126330597PhoneNum
Signature2018-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICTOR ANCICHPreparerPersonNm
PTINP00201493PTIN
Phone3123680500PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.235.239.120IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-14IPDt
IP Tm15:18:03IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD458F851A7B76F6041B1E5C0FC4AE3DB83C9F751AtSubmissionCreationDeviceId
At Submission Filing Device IdDBF743AF1216C3B70D6C9C598EE47CA4DBC4F1E6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHRISTOPHER HERNANDEZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110850 W 187TH STREETAddressLine1Txt
CityMOKENACityNm
State AbbreviationILStateAbbreviationCd
ZIP60448ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$50,066,783GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.PF597.ORGWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1949FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTRAINING AND DEVELOPMENT OF SKILLS OF APPRENTICES AND JOURNEYMEN IN THE PIPE FITTING INDUSTRY.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee902TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$22,286,910PYProgramServiceRevenueAmt
CY Program Service Revenue$21,127,982CYProgramServiceRevenueAmt
PY Investment Income$354,966PYInvestmentIncomeAmt
CY Investment Income$477,899CYInvestmentIncomeAmt
PY Other Revenue$337,541PYOtherRevenueAmt
CY Other Revenue$95,801CYOtherRevenueAmt
PY Total Revenue$22,979,417PYTotalRevenueAmt
CY Total Revenue$21,701,682CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$15,148,358PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$14,522,048CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,518,932PYOtherExpensesAmt
CY Other Expenses$8,535,480CYOtherExpensesAmt
PY Total Expenses$24,667,290PYTotalExpensesAmt
CY Total Expenses$23,057,528CYTotalExpensesAmt
PY Revenues Less Expenses-$1,687,873PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,355,846CYRevenuesLessExpensesAmt
Total Assets BOY$50,717,097TotalAssetsBOYAmt
Total Assets EOY$51,355,952TotalAssetsEOYAmt
Total Liabilities BOY$1,579,942TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,235,256TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$49,137,155NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$48,120,696NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE TRAINING IN THE PIPE FITTING TRADE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTO PROVIDE TRAINING EDUCATION AND ON THE JOB TRAINING FOR APPRENTICES AND JOURNEYMEN IN THE PIPE FITTING TRADE.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee902EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATT MAJSZAKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7083269240PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110850 W 187TH STREETAddressLine1Txt
CityMOKENACityNm
State AbbreviationILStateAbbreviationCd
ZIP60448ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
KEVIN MORRISSEY
TRUSTEE0.500.00Yes (X)$0$0$0
THOMAS KOTEL
TRUSTEE0.500.00Yes (X)$0$0$0
JILL MCCALL - NEW
TRUSTEE0.500.00Yes (X)$0$0$0
JOHN CURRAN
TRUSTEE0.500.00Yes (X)$0$0$0
MARC PITTAS
TRUSTEE0.500.00Yes (X)$0$0$0
STEPHEN LAMB
TRUSTEE0.500.00Yes (X)$0$0$0
MICHAEL MALONEY
TRUSTEE0.5010.00Yes (X)$0$205,499$84,816
CHRISTOPHER HERNANDEZ
TRUSTEE0.500.00Yes (X)$0$0$0
GREGORY KROH - PAST
TRUSTEE0.500.00Yes (X)$0$0$0
MONTE KIMES
TRAINING DIRECTOR44.000.00$170,255$0$59,271Yes (X)
RICHARD GEBKA
INSTRUCTOR40.000.00$140,737$0$62,460Yes (X)
KEVIN LAKOMIAK
INSTRUCTOR40.000.00$144,002$0$60,808Yes (X)
JONATHAN WALKER
INSTRUCTOR40.000.00$139,340$0$64,735Yes (X)
RANDY SMITH
INSTRUCTOR40.000.00$157,094$0$64,735Yes (X)
JOHN LEEN
ASS'T TRAINING DIRECTOR44.000.00$183,213$0$93,994Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$934,641TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$205,499TotReportableCompRltdOrgAmt
Total Other Compensation$490,819TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K25IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CHICAGO TUBE AND IRON
1 CHICAGO TUBE DRIVEROMEOVILLEIL60446BLDG MAINTENANCE/TRAINING & EDU. MATERIA$520,698
TOTAL ELECTRIC INC
16308 S 107TH AVENUEORLAND PARKIL60467BUILDING MAINTENANCE$419,870
ABM JANITORIAL SERVICES
180 NORTH LASALLE STCHICAGOIL60601BLDG MAINTENANCE/TRAINING & EDU. MATERIA$327,276
THE LINCOLN ELECTRIC COMPANY
115 E CROSSROAD PKWY STE ABOLINGBROOKIL60521BLDG MAINTENANCE/TRAINING & EDU. MATERIA$207,576
PRAXAIR DISTRIBUTION INC
7400 S CENTRAL AVEBEDFORD PARKIL60638BLDG MAINTENANCE/TRAINING & EDU. MATERIA$179,501
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS900099$20,280,670$20,280,670
REIMB. ADMIN. EXPENSES900099$644,044$644,044
EDUCATIONAL FEES900099$162,775$162,775
LIQUIDATED DAMAGES900099$40,493$40,493
FieldValueIRS element (for citing)
Total Program Service Revenue$21,127,982TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$280,806TotalRevenueColumnAmt
Exclusion$280,806ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$95,801RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$95,801RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$95,801TotalRevenueColumnAmt
Related Or Exempt Func Income$95,801RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$28,412,194SecuritiesAmt
Other$150,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$28,365,101SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$47,093SecuritiesAmt
Other$150,000OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$197,093TotalRevenueColumnAmt
Exclusion$197,093ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,701,682TotalRevenueColumnAmt
Related Or Exempt Func Income$21,223,783RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$477,899ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$224,877TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,855,071TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,589,019TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,981,694TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$871,387TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$90,534TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,800TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$152,854TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$244,468TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$159,042TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,287,527TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,507TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$68,750TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$1,012,737TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,628,414TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$208,783TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
EDUCATIONAL EXPENSES$2,142,177
LOSS ON DISPOSAL OF PRO$412,429
DRUG SCREENING$37,741
SERVICES PROVIDED BY WE$24,510

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$29,207TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,057,528TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,801,825BOYAmt
EOY-$94,784EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,835,520BOYAmt
EOY$2,644,109EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,134,206BOYAmt
EOY$2,043,544EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$34,944BOYAmt
EOY$198,664EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$44,830,317LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,008,046LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$30,235,173BOYAmt
EOY$32,822,271EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$13,675,429BOYAmt
EOY$13,742,148EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$50,717,097BOYAmt
EOY$51,355,952EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,220,071BOYAmt
EOY$1,518,953EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$1,347,517EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$359,871BOYAmt
EOY$368,786EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,579,942BOYAmt
EOY$3,235,256EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$49,137,155BOYAmt
EOY$48,120,696EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$49,137,155BOYAmt
EOY$48,120,696EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$50,717,097BOYAmt
EOY$51,355,952EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,355,846ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$339,387NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,499,812OtherCostOrOtherBasisAmt
Book Value$2,499,812BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$34,996,589OtherCostOrOtherBasisAmt
Depreciation$6,904,215DepreciationAmt
Book Value$28,092,374BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,385,441OtherCostOrOtherBasisAmt
Depreciation$4,253,205DepreciationAmt
Book Value$2,132,236BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$948,475OtherCostOrOtherBasisAmt
Depreciation$850,626DepreciationAmt
Book Value$97,849BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$32,822,271TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
POSTRETIREMENT BENEFIT OBLIGATION$348,419
DUE TO BROKER$19,621
DUE TO PIPE FITTERS' WELFARE FUND, LOCAL 597$746
FieldValueIRS element (for citing)
Total Liability$368,786TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,038,069TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$339,387NetUnrealizedGainsInvstAmt
Revenue Not Reported$339,387RevenueNotReportedAmt
Revenue Subtotal$21,698,682RevenueSubtotalAmt
Investment Expenses Not Incld$3,000InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$3,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,701,682TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,054,528TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$23,054,528ExpensesSubtotalAmt
Investment Expenses Not Incld2$3,000InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$3,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,057,528TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FUND TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL MALONEY
TRUSTEE$0$200,587$0$0$0$4,912$0$62,141$0$22,675$0$290,315$0$0
MONTE KIMES
TRAINING DIRECTOR$165,606$0$0$0$4,649$0$41,043$0$18,228$0$229,526$0$0$0
RICHARD GEBKA
INSTRUCTOR$140,737$0$0$0$0$0$44,232$0$18,228$0$203,197$0$0$0
KEVIN LAKOMIAK
INSTRUCTOR$144,002$0$0$0$0$0$42,580$0$18,228$0$204,810$0$0$0
JONATHAN WALKER
INSTRUCTOR$139,340$0$0$0$0$0$46,507$0$18,228$0$204,075$0$0$0
RANDY SMITH
INSTRUCTOR$157,094$0$0$0$0$0$46,507$0$18,228$0$221,829$0$0$0
JOHN LEEN
ASS'T TRAINING DIRECTOR$183,213$0$0$0$0$0$75,766$0$18,228$0$277,207$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND PROVIDED TO THE ENTIRE GOVERNING BODY FOR THEIR CAREFUL REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION B, LINE 15BSALARIES ARE REVIEWED ANNUALLY AND APPROVED BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICE OF THE FUND.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
PIPE FITTERS' WELFARE FUND LOCAL 597
45 NORTH OGDEN AVENUECHICAGOIL60607362141703PROVIDES HEALTH AND WELFARE BENEFITSIL501(C)9NOT APPLICABLE0
PIPE FITTERS' RETIREMENT FUND LOCAL 597
45 NORTH OGDEN AVENUECHICAGOIL60607626105084PROVIDES RETIREMENT BENEFITSIL401(A)NOT APPLICABLE0
PIPE FITTERS' ASSOCIATION LOCAL 597 401(K) PLAN
45 NORTH OGDEN AVENUECHICAGOIL60607361820310PROVIDES RETIREMENT BENEFITSIL401(A)NOT APPLICABLE0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.