OPERATING ENGINEERS SECURITY FUND: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
OPERATING ENGINEERS SECURITY FUND (EIN 95-6049026)
Tax period
2009-10-01 to 2010-09-30
Filed
2011-06-29
IRS object ID
201121809349301252
Schema version
2009v1.4
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

FieldValueIRS element (for citing)
Timestamp2011-06-29T17:46:41-05:00Timestamp
Tax Period End Date2010-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Henningfield & Associates IncBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line127913 Smyth DriveAddressLine1
CityValenciaCity
StateCAState
ZIP Code91355ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN956049026EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1OPERATING ENGINEERS LOCAL 501 SECURITY FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlOPERNameControl
Phone8664454294Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line113191 CROSSROADS PKWY NORTH No 205AddressLine1
CityCITY OF INDUSTRYCity
StateCAState
ZIP Code91746ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCHRISTOPHER BROWNName
TitleTRUSTEETitle
Phone8664454294Phone
Date Signed2011-06-29DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRANDY D HENNINGFIELDName
Phone6612953363Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonCHRISTOPHER BROWNNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line12405 WEST 3RD STREETAddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code90057ZIPCode
FieldValueIRS element (for citing)
Gross Receipts35380120GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization TrustXTypeOfOrganizationTrust
Year Formation1952YearFormation
State Legal DomicileCAStateLegalDomicile
Activity Or Mission DescriptionHEALTH & WELFARE BENEFITS PROVIDED TO MEMBERS WHO ARE COVERED BY COLLECTIVE BARGAINING AGREEMENTS BETWEEN UNION AND EMPLOYERS.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year30456686ProgramServiceRevenuePriorYear
Program Service Revenue CY33047981ProgramServiceRevenueCY
Investment Income Prior Year387199InvestmentIncomePriorYear
Investment Income Current Year320482InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year30843885TotalRevenuePriorYear
Total Revenue Current Year33368463TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year32094418BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY27802655BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year1727472OtherExpensePriorYear
Other Expenses Current Year1770271OtherExpensesCurrentYear
Total Expenses Prior Year33821890TotalExpensesPriorYear
Total Expenses Current Year29572926TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-2978005RevenuesLessExpensesPriorYear
Revenues Less Expenses CY3795537RevenuesLessExpensesCY
Total Assets BOY11599289TotalAssetsBOY
Total Assets EOY14148791TotalAssetsEOY
Total Liabilities BOY9980965TotalLiabilitiesBOY
Total Liabilities EOY8734930TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1618324NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5413861NetAssetsOrFundBalancesEOY
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionHEALTH & WELFARE BENEFITS PROVIDED TO MEMBERS WHO ARE COVERED BY COLLECTIVE BARGAINING AGREEMENTS BETWEEN UNION AND EMPLOYERS.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense29572926Expense
FieldValueIRS element (for citing)
Total Of Other Program Service Exp29572926TotalOfOtherProgramServiceExp
Total Program Service Expense29572926TotalProgramServiceExpense
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10964195NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1MS KATHY DYCHEBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number8664454294TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line113191 CROSSROADS PKWY NORTHAddressLine1
CityCITY OF INDUSTRYCity
StateCAState
ZIP Code91746ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
PAUL BENSI
TRUSTEE5.00X000
MIKE LATHAM
TRUSTEE5.00X000
CHRISTOPHER BROWN
TRUSTEE5.00X000
EDWARD CURLY
TRUSTEE5.00X000
MILLIE BISONO
TRUSTEE5.00X000
JESS ATKINSON
TRUSTEE5.00X000
WENDY NUTT
TRUSTEE5.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
EMPLOYER CONTRIBUTIONS5413003103134631031346
RETIREE CONTRIBUTIONS54130018352371835237
EMPLOYEE COBRA CONTRIB541300181398181398
FieldValueIRS element (for citing)
Total Program Service Revenue33047981TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column358297TotalRevenueColumn
Exclusion$358,297ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities1973842Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities2011657Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-37815Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-37815TotalRevenueColumn
Exclusion-$37,815ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column33368463TotalRevenueColumn
Related Or Exempt Function Income33047981RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$320,482ExclusionAmount

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total27802655Total
Program Services27802655ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total38768Total
Program Services38768ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total46467Total
Program Services46467ProgramServices

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total25018Total
Program Services25018ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
CONTRACT ADMINISTRATION908214908214
COST CONTAINMENT FEES311361311361
ADMINISTRATION - DENTAL117129117129
POSTAGE7690076900
CONSULTANTS' FEES6500065000

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total181414Total
Program Services181414ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total29572926Total
Program Services29572926ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY140809BOY
EOY2442309EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY8557729BOY
EOY8344450EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY2757472BOY
EOY3285153EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY143279BOY
EOY76879EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY11599289BOY
EOY14148791EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY191433BOY
EOY182186EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY9789532BOY
EOY8552744EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY9980965BOY
EOY8734930EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY1618324BOY
EOY5413861EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1618324BOY
EOY5413861EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY11599289BOY
EOY14148791EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
PREMIUMS PAYABLE$1,069,744
ESTIMATED LAIB. FOR CLAIMS PENDING & IBNR$4,281,000
ESTIMATED FUTURE ELIGIBILITY BENEFITS$3,202,000
FieldValueIRS element (for citing)
Total Of Amounts8552744TotalOfAmounts
Total Revenue33368463TotalRevenue
Total Expenses29572926TotalExpenses
Excess Or Deficit For Year3795537ExcessOrDeficitForYear
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS3795537ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt33368463TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal33368463RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form99033368463TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt30809714TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal30809714ExpensesSubtotal
Other Expenses Not Included-1236788OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt-1236788ExpensesNotRptdOnFinStmt
Total Expenses Per Form99029572926TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierPart XIII, Line 4b - Other Adjustments:Identifier
ExplanationINCREASE IN ESTIMATED LIABILITIES (IBNR): -1392000. CHANGES IN PREMIUMS PAYABLE: 155212.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Form 990, Part VI, Section B, line 11A COPY OF FORM 990 WAS PRESENTED TO THE TRUSTEES FOR REVIEW AND SIGNATURE.
Form 990, Part VI, Section C, line 19SUMMARY ANNUAL REPORTS ARE PROVIDED TO ALL PARTICIPANTS ANNUALLY AND SPDS ARE AVAILABLE FROM THE ADMINISTRATOR UPON REQUEST.
Form 990, Part VIIPAUL BENSI - 13191 CROSSROADS PKWY NORTH, NO.205, CITY OF INDUSTRY, CA 91746. MIKE LATHAM - 921 E. 61ST STREET, LOS ANGELES, CA 90017. CHRISTOPHER BROWN - 2405 WEST THIRD STREET, LOS ANGELES, CA 90057. EDWARD CURLY - 2405 WEST THIRD STREET, LOS ANGELES, CA 90057. MILLIE BISONO - 13191 CROSSROADS PKWY NORTH, NO.205, CITY OF INDUSTRY, CA 91746. JESS ATKINSON - 301 DEAURILLE ST., LAS VEGAS, NV 89106. WENDY NUTT - 13191 CROSSROADS PKWY NORTH, NO.205, CITY OF INDUSTRY, CA 91746.Contact Addresses for Officers, Directors, Etc

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