2024-05-02T12:05:06-05:00 2023-12-31 390758449 WIPFLI LLP 4949 HARRISON AVENUE SUITE 300 ROCKFORD IL 61108 990 2023-01-01 362652475 NORTHERN ILLINOIS BUILDING CONTRACTORS CONSTRUCTION INDUSTRY ADVANCEMENT FUND NORT 8152295636 1111 S ALPINE ROAD 202 ROCKFORD IL 611083947 DAVID ANSPAUGH EXECUTIVE DIRECTOR 8152295636 2024-05-01 1 DAVID ANSPAUGH 999009999 0 CRAIG A GUGLIEMETTI P00230716 8153997700 2024-04-26 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DAVID ANSPAUGH 1111 S ALPINE ROAD - STE 202 ROCKFORD IL 611083947 701405 0 X WWW.NIBCA.BUILD X 1968 IL OUR MISSION IS TO STRENGTHEN OUR CONSTRUCTION INDUSTRY AND THE COMMUNITIES WE SERVICE. 7 7 0 10 0 0 0 0 545046 667286 0 33713 500 406 545546 701405 2440 5175 0 0 0 0 0 0 0 488742 531345 491182 536520 54364 164885 1382912 1547514 830 547 1382082 1546967 PROMOTE AND ADVANCE CONSTRUCTION INDUSTRY IN NORTHERN ILLINOIS. PROVIDE CONSTRUCTION INDUSTRY IN NORTHERN ILLINOIS WITH TRAINING/EDUCATIONAL PROGRAMS, SAFETY MEASURES/TRAINING, AND ADVERTISING/PUBLIC RELATIONS ON UNION CONSTRUCTION. 0 0 133345 5175 667692 ADVANCEMENT PROGRAM - PROMOTE & ADVANCE THE CONSTRUCTION INDUSTRY IN NORTHERN ILLINOIS THROUGH APPRENTICESHIP TRAINING & OTHER PROMOTIONAL/EDUCATIONAL PROGRAMS. SAFETY PROGRAM - PROMOTE & ADVANCE SAFETY MEASURES WITHIN THE CONSTRUCTION INDUSTRY OF NORTHERN ILLINOIS THROUGH JOB INSPECTIONS, TOOL BOX MEETINGS, OSHA COURSES, & OTHER EDUCATIONAL PROGRAMS. 133345 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X NIBC CONST IND ADV FUND 8152295636 1111 S ALPINE RD SUITE 202 ROCKFORD IL 611083947 DAVID ANSPAUGH EXECUTIVE DIRECTOR 15.00 40.00 X 0 147816 20673 JAKE DYKSTRA TREASURER 1.00 1.00 X X 0 0 0 JOSEPH SCANDROLI JR PRESIDENT 1.00 1.00 X X 0 0 0 NATHAN HEINRICH TRUSTEE 1.00 1.00 X 0 0 0 RANDY HOSTMAN TRUSTEE 1.00 1.00 X 0 0 0 CHRISTIE JARRETT TRUSTEE 1.00 1.00 X 0 0 0 BRENT JOHNSON TRUSTEE (TERMED 07.01.2023) 1.00 1.00 X 0 0 0 STEVE SCHMELING TRUSTEE 1.00 1.00 X 0 0 0 JOEL SJOSTROM TRUSTEE 1.00 1.00 X 0 0 0 ROBERT STENSTROM TRUSTEE (TERMED 07.01.2023) 1.00 1.00 X 0 0 0 0 147816 20673 0 0 1 0 0 MEMBERSHIP DUES AND AS 230000 620771 620771 MEMBERSHIP - SERVICE F 230000 46515 46515 667286 33713 33713 REBATES 230000 406 406 406 701405 667692 0 33713 X 5175 270000 7875 56132 40498 18378 10967 1131 4747 MEMBER SOCIAL EVENTS 86272 SUPPLIES 29370 DUES & SUBSCRIPTIONS 2377 UTILITIES 2198 1400 536520 222891 345025 1111242 1137821 45263 62137 1064 1210 68673 67352 2452 1321 1382912 1547514 830 547 830 547 X 1382082 1546967 1382082 1546967 1382912 1547514 164885 0 X X 1 X 0 1 0 0 0 0 620771 30548 30548 0 38125 36804 1321 1321 X PART X, LINE 2: THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND APPLICATION STATE LAW. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FUND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FUND AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE FEDERAL AND STATE INCOME TAX RETURNS REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES THROUGH THEIR STATUTORY PERIODS. 0 0 0 DAVID ANSPAUGH EXECUTIVE DIRECTOR 0 147816 0 0 0 0 0 0 0 20673 0 168489 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A GROUP OF BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES VOTE EVERY YEAR ON THE BOARD MEMBERS AND THE POSITIONS HELD BY THE MEMBERS. THE BOARD WILL VOTE ON ANY INDIVIDUAL THAT WISHES TO BECOME A BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES WILL USE THE REVIEWED FINANCIAL STATEMENTS AND THEIR COLLECTIVE KNOWLEDGE OF INCOME TAX PREPARATION TO REVIEW THE FORM 990. THE BOARD WILL ALSO INQUIRE OF THE ACCOUNTANT ABOUT ANY QUESTIONS THAT THEY MAY HAVE ABOUT THE PREPARATION OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRE ALL EMPLOYEES AND TRUSTEES TO COMPLETE A CONFLICT OF INTEREST STATEMENT. THE BOARD REVIEWS THE FUND'S ACTIVITY DURING THEIR MEETINGS AND DISCUSS ANY UNUSUAL ACTIVITY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES USES AN EMPLOYMENT CONTRACT FOR THE KEY EMPLOYEE. THE BOARD DETERMINES THE AMOUNT OF ANNUAL COMPENSATION AND OTHER TERMS OF THE CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL REQUIRED DOCUMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION HAS SPACE AVAILABLE WHERE ANYONE CAN COME IN AND VIEW THE DOCUMENTS OR THEY CAN HAVE COPIES MADE AND SENT TO THEM. FORM 990, PART IX, LINE 11G COLLECTION & RECORDKEEPING FEES 14,132. SAFETY CONSULTANT 42,000. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILTY FOR OVERSIGHT OF THE ANNUAL REVIEW OF THE FINANCIAL STATEMENTS. INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ARE BOARD SELECTED EVERY THREE YEARS BY THE SOLICITATION OF A FORMAL PROPOSAL FOR SERVICES AND FEES. NORTHERN ILLINOIS BUILDING CONTRACTORS ASSOCIATION INC 1111 S ALPINE RD STE 202 ROCKFORD IL 611083947 362082502 PROMOTE HIGH STANDARDS OF CONDUCT BY UNITING BUILDING CONTRACTORS IN NO. IL. IL 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 NORTHERN ILLINOIS BUILDING CONTRACTORS ASSOCIATION INC M 270000 AGREEMENT - ANALYSIS OF COSTS NORTHERN ILLINOIS BUILDING CONTRACTORS ASSOCIATION INC K 18378 SUB-LEASE AGREEMENT