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Local 309 Ibew Income Security Fund

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.24M (2023)

Expenses
$544k (2023)

Total Assets
$13.3M (2023)

Total Liabilities
$146k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,240,444
Expenses
$544,476
Net Income
$695,968
Net Assets
$13,138,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,042,928
84.1%
Investment Income $283,666
22.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$100,268
Net Inventory Sales $0
Other Revenue $14,118
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,284,079
Total Liabilities $145,890
Net Assets $13,138,189
Compensation
Key Employees and Officers Compensation Related Other
Chris Hankins (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Luke Glaeser (Trustee) $0 $0 $0
Tom O'hara (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0
Billy Sebousek (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$954,401
Expenses
$550,155
Net Income
$404,246
Net Assets
$11,274,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $820,106
85.9%
Investment Income $222,562
23.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$89,629
Net Inventory Sales $0
Other Revenue $1,362
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,384,111
Total Liabilities $109,721
Net Assets $11,274,390
Compensation
Key Employees and Officers Compensation Related Other
Chris Hankins (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Charles Busch (Trustee) $0 $0 $0
Tom O'hara (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0
Billy Sebousek (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,437,379
Expenses
$775,632
Net Income
$661,747
Net Assets
$12,355,708
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $987,187
68.7%
Investment Income $226,964
15.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $222,962
15.5%
Net Inventory Sales $0
Other Revenue $266
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,449,386
Total Liabilities $93,678
Net Assets $12,355,708
Compensation
Key Employees and Officers Compensation Related Other
Chris Hankins (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Charles Busch (Trustee) $0 $0 $0
Tom O'hara (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0
Billy Sebousek (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,404,482
Expenses
$1,025,634
Net Income
$378,848
Net Assets
$11,460,695
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $873,946
62.2%
Investment Income $244,465
17.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $229,071
16.3%
Net Inventory Sales $0
Other Revenue $57,000
4.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,614,144
Total Liabilities $153,449
Net Assets $11,460,695
Compensation
Key Employees and Officers Compensation Related Other
Chris Hankins (Trustee) $0 $0 $0
Kenneth Keeney (Trustee) $0 $0 $0
Charles Busch (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0
Billy Sebousek (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,417,478
Expenses
$628,346
Net Income
$789,132
Net Assets
$10,403,342
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,065,362
75.2%
Investment Income $209,009
14.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $135,995
9.6%
Net Inventory Sales $0
Other Revenue $7,112
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,586,235
Total Liabilities $182,893
Net Assets $10,403,342
Compensation
Key Employees and Officers Compensation Related Other
Timothy Evans (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,193,695
Expenses
$798,343
Net Income
$395,352
Net Assets
$9,155,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $955,387
80.0%
Investment Income $177,048
14.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $58,290
4.9%
Net Inventory Sales $0
Other Revenue $2,970
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,296,360
Total Liabilities $140,495
Net Assets $9,155,865
Compensation
Key Employees and Officers Compensation Related Other
Timothy Evans (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,377,696
Expenses
$495,432
Net Income
$882,264
Net Assets
$9,031,285
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,015,711
73.7%
Investment Income $173,371
12.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $178,745
13.0%
Net Inventory Sales $0
Other Revenue $9,869
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,145,489
Total Liabilities $114,204
Net Assets $9,031,285
Compensation
Key Employees and Officers Compensation Related Other
Timothy Evans (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0
Michael Stuart (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,086,319
Expenses
$630,953
Net Income
$455,366
Net Assets
$8,016,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $912,199
84.0%
Investment Income $173,135
15.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $985
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,099,855
Total Liabilities $83,719
Net Assets $8,016,136
Compensation
Key Employees and Officers Compensation Related Other
Timothy Evans (Trustee) $0 $0 $0
Bradford Barnes (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,304,216
Expenses
$541,171
Net Income
$763,045
Net Assets
$7,533,115
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,083,903
83.1%
Investment Income $178,478
13.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $40,294
3.1%
Net Inventory Sales $0
Other Revenue $1,541
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,596,083
Total Liabilities $62,968
Net Assets $7,533,115
Compensation
Key Employees and Officers Compensation Related Other
Chris Hankins (Former Trustee) $0 $0 $0
Timothy Evans (Trustee) $0 $0 $0
Bradford Barnes (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0
Carole Hassall (Former Plan Administrator) $0 $0 $0
Shana Pagano (Plan Administrator) $0 $57,799 $23,845

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,273,885
Expenses
$782,770
Net Income
$491,115
Net Assets
$6,899,053
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $913,681
71.7%
Investment Income $199,149
15.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $159,968
12.6%
Net Inventory Sales $0
Other Revenue $1,087
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,952,332
Total Liabilities $53,279
Net Assets $6,899,053
Compensation
Key Employees and Officers Compensation Related Other
Chris Hankins (Former Trustee) $0 $0 $0
Timothy Evans (Trustee) $0 $0 $0
Bradford Barnes (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,140,693
Expenses
$1,186,118
Net Income
-$45,425
Net Assets
$6,414,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $765,240
67.1%
Investment Income $207,751
18.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $165,340
14.5%
Net Inventory Sales $0
Other Revenue $2,362
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,487,324
Total Liabilities $72,446
Net Assets $6,414,878
Compensation
Key Employees and Officers Compensation Related Other
Scott Hassall (Trustee) $0 $0 $0
Christopher Hankins (Trustee) $0 $0 $0
Bradford Barnes (Trustee) $0 $0 $0
Charles W Busch (Trustee) $0 $0 $0
Kenneth C Keeney (Trustee) $0 $0 $0
Matthew Eichholz (Trustee) $0 $0 $0
Gary Bland (Trustee) $0 $0 $0
Carole Hassall (Plan Administrator) $0 $87,173 $35,791

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,188,561
Expenses
$620,981
Net Income
$567,580
Net Assets
$6,511,769
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $936,301
78.8%
Investment Income $212,999
17.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $37,386
3.1%
Net Inventory Sales $0
Other Revenue $1,875
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,608,215
Total Liabilities $96,446
Net Assets $6,511,769

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,192,056
Expenses
$497,651
Net Income
$694,405
Net Assets
$5,868,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $972,862
81.6%
Investment Income $187,542
15.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,436
2.6%
Net Inventory Sales $0
Other Revenue $1,216
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,922,087
Total Liabilities $54,009
Net Assets $5,868,078

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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