2026-01-29T16:38:17-05:00 2025-06-30 363141842 ERIC J FERNANDEZ & CO 895 W MAIN ST STE 1000 WEST DUNDEE IL 601182057 990 2024-07-01 361581422 IBEW LOCAL UNION NO 150 IBEW 8476801504 31290 N US HIGHWAY 45 LIBERTYVILLE IL 60048 STEVE SMART BUSINESS MANAGER 8476801504 2026-01-28 true true CARL L SWANSON P00013526 8474287400 2026-01-28 2024 2025-03-06 01:10:19Z STEVE SMART 31290 N US HWY 45 LIBERTYVILLE IL 60048 2582796 false X X 1914 IL ECONOMIC, SOCIAL AND MORAL ADVANCEMENT OF LOCAL 150 MEMBERS. 10 8 15 0 0 2213040 2300490 183544 162609 44314 118197 2440898 2581296 0 0 1339500 1395448 0 0 910739 942625 2250239 2338073 190659 243223 8033919 8319161 16875 16875 8017044 8302286 ECONOMIC, SOCIAL AND MORAL ADVANCEMENT OF LOCAL 150 MEMBERS. false false THE ECONOMIC, SOCIAL AND MORAL ADVANCEMENT OF THE MEMBERSHIP IS BEING ACCOMPLISHED THROUGH THE USE OF UNION FUNDS. false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 5 0 true 15 true false false false false false false false false X 10 8 false false false false true true true true true false false true false false false true true false X STEVE SMART 8476801504 31290 NORTH US HWY 45 LIBERTYVILLE IL 60048 STEVE SMART BUSINESS MAN 45.00 2.00 X X 143774 0 77903 JOE CATELLA PRESIDENT 2.00 2.00 X X 6110 0 0 JOHN BONNOT VICE PRESIDE 2.00 2.00 X X 1510 0 0 AARON RENDON RECORDING SE 42.00 2.00 X X 138552 0 75759 ERIC MORALES TREASURER 2.00 2.00 X X 0 0 0 MIKE WITTEN JR EXECUTIVE BO 2.00 2.00 X 1500 0 0 ERIC BLACKBURN EXECUTIVE BO 2.00 2.00 X 0 0 0 BRANDEN BOEING EXECUTIVE BO 2.00 2.00 X 0 0 0 TIM FORRO EXECUTIVE BO 2.00 2.00 X 0 0 0 ERIC LYONS EXECUTIVE BO 2.00 2.00 X 0 0 0 291446 153662 4 false true false MEMBERSHIP DUES 2300490 2300490 2300490 164109 164109 1500 -1500 -1500 -1500 MISCELLANEOUS 105177 105177 RESALE OF INVENTORY 13020 13020 118197 2581296 2417187 164109 891169 891169 9000 9000 124886 124886 314449 314449 55944 55944 16523 16523 20845 20845 1140 1140 142806 142806 16034 16034 16840 16840 15402 15402 12978 12978 475683 475683 25181 25181 27053 27053 BUILDING EXPENSES 39156 39156 PAC CONTRIBUTIONS 35200 35200 SUPPLIES FOR RESALE 26848 26848 MISCELLANEOUS 22353 22353 48583 11695 36888 2338073 1948984 389089 0 363260 326510 2485892 2555364 291809 194136 81809 97673 2847350 3084006 2255608 2255608 8033919 8319161 16875 16875 16875 16875 X 8017044 8302286 8017044 8302286 8033919 8319161 243223 42019 X false true X true false 291809 194136 97673 97673 BUIDING CORPORATION INVESTMENT 2255608 2255608 INTL DUES COLLECTED BUT UNREMITTED 16875 16875 X 2623315 42019 42019 2581296 2581296 2338073 2338073 2338073 SCHEDULE D, PAGE 3, PART X THE LOCAL HAS ADOPTED FASB ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE LOCAL WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY THE TAXING AUTHORITY. THE LOCAL CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE LOCAL'S EVALUATION ON JUNE 30, 2025 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2021 THROUGH 2023 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE LOCAL DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. false false false STEVE SMART BUSINESS MANAGER 143774 77903 221677 AARON RENDON RECORDING SECRETARY 138552 75759 214311 FORM 990, PAGE 6, PART VI, LINE 6 THE LOCAL 150 HAS APPROXIMATELY 900 MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE 900 MEMBERS OF LOCAL 150 ELECT THE GOVERNING BODY EVERY THREE YEARS. THE ELECTED POSITIONS OF THE GOVERNING BODY INCLUDES; BUSINESS MANAGER/FINANCIAL SECRETARY, PRESIDENT, VICE PRESIDENT, TREASURER, RECORDING SECRETARY, AND 5 EXECUTIVE BOARD MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B THE LOCAL 150 BYLAWS GOVERN THE SALARIES OF THE GOVERNING BODY. ANY PROPOSED CHANGE TO THE BYLAWS REQUIRES A BYLAWS AMMENDMENT THAT MUST BE VOTED ON BY THE MEMBERS OF LOCAL 150. FORM 990, PAGE 6, PART VI, LINE 11B THE GOVERNING BODY REVIEWS YEAR END AUDITS AND TAX RETURNS OF THE LOCAL AT THE JANUARY EXECUTIVE BOARD MEETING WHICH IS RECORDED IN THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 15A BUSINESS MANAGER/FINANCIAL SECRETARY SALARY IS DEFINED IN THE LOCAL 150 BYLAWS. FORM 990, PAGE 6, PART VI, LINE 15B ALL ELECTED OFFICER POSITIONS PAY IS REGULATED BY THE LOCAL 150 BYLAWS. THE OFFICE MANAGER AND ASSISTANT OFFICE MANAGER SALARIES ARE REVIEWED ANNUALLY BY THE GOVERNING BODY. ANY CHANGES TO THESE 2 POSITIONS ARE VOTED ON AND APPROVED BY THE GOVERNING BODY AND RECORDED IN THE EXECUTIVE BOARD MEETING MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. IBEW 150 - PENSION FUND 31290 N US HWY 45 LIBERTYVILLE IL 60048 366140629 PENSION IL 501C17 NA false IBEW 150 - WELFARE FUND 31290 N US HWY 45 LIBERTYVILLE IL 60048 366140629 WELFARE IL 501C9 NA false false false false false false false false false false false false false false false false false true false false