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PAINTERS DISTRICT COUNCIL 35 HEALTH BENEFITS FUND: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PAINTERS DISTRICT COUNCIL 35 HEALTH BENEFITS FUND (EIN 04-2150983)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-12
IRS object ID
202401039349301010
Schema version
2022v5.0
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)
Return2024-04-12T09:03:24-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611436956PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NOVAK FRANCELLA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line140 MONUMENT RD 5TH FLRAddressLine1Txt
CityBALA CYNWYDCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042150983EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAINTERS DISTRICT COUNCIL NO 35BusinessNameLine1Txt
Business Name Line2HEALTH BENEFITS FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPAINBusinessNameControlTxt
Phone6175241240PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 COLGATE ROADAddressLine1Txt
CityROSLINDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02131ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTIAN BRENNANPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6175241240PhoneNum
Signature2024-04-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHRISTIANPersonFirstNm
Person LastBRENNANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLOUIS VERZELLA CPAPreparerPersonNm
PTINP00360279PTIN
Phone6106689400PhoneNum
Preparation2024-04-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDEBORAH COTTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 COLGATE ROADAddressLine1Txt
CityROSLINDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02131ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$90,819,554GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressNWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE MEMBERS OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 35.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$28,563,000PYProgramServiceRevenueAmt
CY Program Service Revenue$31,748,073CYProgramServiceRevenueAmt
PY Investment Income$5,341,315PYInvestmentIncomeAmt
CY Investment Income$2,014,996CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$8,404CYOtherRevenueAmt
PY Total Revenue$33,904,315PYTotalRevenueAmt
CY Total Revenue$33,771,473CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$31,899,248PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$33,475,540CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$576,049PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$576,561CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,138,370PYOtherExpensesAmt
CY Other Expenses$2,125,987CYOtherExpensesAmt
PY Total Expenses$34,613,667PYTotalExpensesAmt
CY Total Expenses$36,178,088CYTotalExpensesAmt
PY Revenues Less Expenses-$709,352PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,406,615CYRevenuesLessExpensesAmt
Total Assets BOY$109,378,714TotalAssetsBOYAmt
Total Assets EOY$107,518,019TotalAssetsEOYAmt
Total Liabilities BOY$211,998TotalLiabilitiesBOYAmt
Total Liabilities EOY$226,907TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$109,166,716NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$107,291,112NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE MEMBERS OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 35.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE MEMBERS OF THE INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 35.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document1532IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 CommitteesYes (1)MinutesOfCommitteesInd
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 Line1DEBORAH COTTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175241240PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 COLGATE ROADAddressLine1Txt
CityROSLINDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02131ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEFFREY SULLIVAN
TRUSTEE (P)2.0040.00Yes (X)$0$281,884$91,891
CHRISTIAN BRENNAN
TRUSTEE2.0040.00Yes (X)$0$173,531$88,271
JOSEPH GUARINO
TRUSTEE2.0040.00Yes (X)$0$173,788$88,305
CHARLES FOGELL
TRUSTEE2.0040.00Yes (X)$0$192,146$90,784
JOSEPH ITRI
TRUSTEE (P)2.0040.00Yes (X)$0$167,992$87,523
MARK KENNEDY
TRUSTEE2.00Yes (X)$0$0$0
MATTHEW SOEP
TRUSTEE2.00Yes (X)$0$0$0
THOMAS STEEVES
TRUSTEE2.00Yes (X)$0$0$0
PETER TOWNSEND
TRUSTEE2.00Yes (X)$0$0$0
WILLIAM LEGRAND
TRUSTEE (P)2.0040.00Yes (X)$0$168,771$87,452
LAURENCE MILLER
TRUSTEE2.00Yes (X)$0$0$0
JUSTIN DESMOND
TRUSTEE2.0040.00Yes (X)$0$173,576$88,277
RAYMOND PICKUP
TRUSTEE2.0040.00Yes (X)$0$170,890$87,914
JORGE RIVERA
TRUSTEE2.0040.00Yes (X)$0$175,766$88,572
THOMAS S GUNNING
TRUSTEE2.00Yes (X)$0$0$0
DEBORAH COTTER
FUND ADMINISTRATOR19.0021.00$97,991$104,052$66,844Yes (X)
HEATHER PALMACCI
ASST FUND ADMINISTRATOR19.0021.00$54,771$58,159$64,844Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$152,762TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,840,555TotReportableCompRltdOrgAmt
Total Other Compensation$930,677TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TUFTS BENEFIT ADMINISTRATORS
225 CHAPMAN STREET SUITE 301PROVIDENCERI02905BENEFITS ADMINISTRATION$938,544
THE SEGAL COMPANY
116 HUNTINGTON AVE 8TH FLRBOSTONMA02116ACTUARIAL$169,900
DELTA DENTAL
465 MEDFORD STREETBOSTONMA02129CLAIMS PROCESSING$160,011
AMERICAN REALTY ADVISORS
801 NORTH BRAND BLVD STE 800GLENDALECA91203INVESTMENT MANAGER$106,345
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS900099$31,495,646$31,495,646
PARTICIPANT CONTRIBUTIONS900099$252,427$252,427
FieldValueIRS element (for citing)
Total Program Service Revenue$31,748,073TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,601,200TotalRevenueColumnAmt
Exclusion$1,601,200ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$57,461,877SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$57,048,081SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$413,796SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$413,796TotalRevenueColumnAmt
Exclusion$413,796ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GAIN ON SALE OF SHARED PROPERTY900099$7,539$7,539
INTEREST AND MISC. INCOME900099$865$865
FieldValueIRS element (for citing)
Other Revenue Total$8,404OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,771,473TotalRevenueColumnAmt
Related Or Exempt Func Income$31,756,477RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,014,996ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$33,475,540TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$345,332TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$144,584TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$59,954TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$26,691TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$59,143TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$63,317TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$321,666TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,209,354TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$105,257TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$84,766TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$34,435TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$29,180TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,242TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
MASSACHUSETTS SURCHARGE$152,657
FEES MANDATED BY THE AC$17,202
ADMIN. REIMBURSEMENTS$15,727
ALLOCATED DEPRECIATION$10,677

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,364TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$36,178,088TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,050,681BOYAmt
EOY$2,685,653EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,018,427BOYAmt
EOY$3,571,465EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$125BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$148,586LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$148,586LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$31,014,766BOYAmt
EOY$36,173,105EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$69,964,915BOYAmt
EOY$64,757,996EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$329,800BOYAmt
EOY$329,800EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$109,378,714BOYAmt
EOY$107,518,019EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$99,334BOYAmt
EOY$100,177EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$112,664BOYAmt
EOY$126,730EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$211,998BOYAmt
EOY$226,907EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

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$109,166,716BOYAmt
EOY$107,291,112EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$109,166,716BOYAmt
EOY$107,291,112EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$109,378,714BOYAmt
EOY$107,518,019EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,406,615ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$531,011NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$148,586OtherCostOrOtherBasisAmt
Depreciation$148,586DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
103-12 INVESTMENT ENTITIES$3,098,329F
HOUSING INVESTMENT TRUST, AFL-CIO$5,414,446F
LIMITED PARTNERSHIPS$9,147,174F
COMMON COLLECTIVE TRUSTS$38,567,898F
POOLED SEPARATE ACCOUNT$5,630,108F
HEDGE FUND$2,900,041F
FieldValueIRS element (for citing)
Total Book Value Securities$64,757,996TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO BROKERDesc
Amt$126,730Amt
FieldValueIRS element (for citing)
Total Liability$126,730TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$33,972,414TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$531,011NetUnrealizedGainsInvstAmt
Revenue Not Reported$531,011RevenueNotReportedAmt
Revenue Subtotal$33,441,403RevenueSubtotalAmt
Investment Expenses Not Incld$321,666InvestmentExpensesNotIncldAmt
Other Revenues Not Included$8,404OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$330,070RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$33,771,473TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$35,848,018TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$35,848,018ExpensesSubtotalAmt
Investment Expenses Not Incld2$321,666InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$8,404OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$330,070ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$36,178,088TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, PLAN TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE PLAN.
PART XI, LINE 4B - OTHER ADJUSTMENTS:INTEREST AND MISC. INCOME 865. GAIN ON SALE OF SHARED PROPERTY 7,539.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INTEREST AND MISC. INCOME 865. GAIN ON SALE OF SHARED PROPERTY 7,539.

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 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
JEFFREY SULLIVAN
TRUSTEE (P)$0$281,884$0$0$0$0$0$73,535$0$18,356$0$373,775$0$0
CHARLES FOGELL
TRUSTEE$0$192,146$0$0$0$0$0$72,428$0$18,356$0$282,930$0$0
DEBORAH COTTER
FUND ADMINISTRATOR$97,991$104,052$0$0$0$0$24,547$23,941$8,903$9,453$131,441$137,446$0$0
JORGE RIVERA
TRUSTEE$0$175,766$0$0$0$0$0$70,216$0$18,356$0$264,338$0$0
JOSEPH GUARINO
TRUSTEE$0$173,788$0$0$0$0$0$69,949$0$18,356$0$262,093$0$0
JUSTIN DESMOND
TRUSTEE$0$173,576$0$0$0$0$0$69,921$0$18,356$0$261,853$0$0
CHRISTIAN BRENNAN
TRUSTEE$0$173,531$0$0$0$0$0$69,915$0$18,356$0$261,802$0$0
RAYMOND PICKUP
TRUSTEE$0$170,890$0$0$0$0$0$69,558$0$18,356$0$258,804$0$0
WILLIAM LEGRAND
TRUSTEE (P)$0$168,771$0$0$0$0$0$69,096$0$18,356$0$256,223$0$0
JOSEPH ITRI
TRUSTEE (P)$0$167,992$0$0$0$0$0$69,167$0$18,356$0$255,515$0$0
HEATHER PALMACCI
ASST FUND ADMINISTRATOR$54,771$58,159$0$0$0$0$22,547$23,941$8,903$9,453$86,221$91,553$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINES 2A & 2BORGANIZATION ISSUED -0- FORMS W-2 IN 2022 FOR TAXABLE BENEFITS.
FORM 990, PART VI, SECTION B, LINE 11BTHE PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 35 HEALTH BENEFITS FUND'S FORM 990 IS PREPARED BY ITS INDEPENDENT PUBLIC ACCOUNTANT. THE RETURN IS THEN FORWARDED TO THE ADMINISTRATOR FOR REVIEW AND SIGNATURE.
FORM 990, PART VI, SECTION B, LINE 15BWITH APPROVAL OF BOARD OF DIRECTORS
FORM 990, PART VI, SECTION C, LINE 19PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 35 HEALTH BENEFITS FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO. 35 HEALTH BENEFITS FUND'S GOVERNING BODY IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTING THE INDEPENDENT ACCOUNTANT WHO CONDUCTS THE AUDIT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO 35 PENSION FUND
25 COLGATE ROADROSLINDALEMA02131046043807PENSION FUNDMA401(A)/501(A)0
PAINTERS AND ALLIED TRADES DISTRICT COUNCIL NO 35 ANNUITY FUND
25 COLGATE ROADROSLINDALEMA02131222489316PENSION FUNDMA401(A)/501(A)0
PAINTERS AND ALLIED TRADES DISTRICT COUNCIL #35
25 COLGATE ROADROSLINDALEMA02131041699540LABOR UNIONMA501(C)(5)0
FINISHING TRADES INSTITUTE OF NEW ENGLAND
25 COLGATE ROADROSLINDALEMA02131046192794TRAINING FUNDMA501(C)(3)0170(B)(1)(A)(II)
MBTA
10 PARK PLAZA STE 3910BOSTONMA02116LOCAL GOVTMA0
BOSTON HOUSING AUTHORITY
52 CHAUNCY STBOSTONMA02111CITY GOVTMA0
LOWELL HOUSING AUTHORITY
350 MOODY STLOWELLMA01854LOCAL GOVTMA0
MASSACHUSETTS BUILDING TRADES COUNCIL
35 HIGHLAND AVEMALDENMA02148237009626LABOR UNIONMA501(C)(5)0
COMMUNITY LABOR UNITED
6 BEACON STBOSTONMA02108203404034CHARITYABLE ORGMA501(C)(3)0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (151 entries)

A & A WINDOW
ACK PAINTING LLC
AAA SIGNAGE
ABSOLUTE FINISHING SYSTEMS LLC
ADVANCED EXTERIORS & GLAZING
ALLIANCE GLASS CO
ALLIED PAINTING INC
ALUMINUM & GLASS CONCEPTS
AMERICAN BENCH CRAFT LTD
AMERICAN FINISH SYSTEMS INC
AMERICAN GREEN BUILDING
AMSTAR OF WESTERN NEW YORK IN
ANGELINI PLASTERING
ARI INSTALLERS
ASSURED GLASS & ALUMINUM
ATLAS PAINTING AND SHEETING CO
ATSALIS BROS PAINTING
BACK BAY SIGN COMPANY
BEANTOWN USA
BEDROCK FINISHING LLC
BELLO PAINTING CO
BENSON INDUSTRIES INC
BEST PAINT CORP
BHI ENERGY SPECIALTY SERVICES
BOSTON BUILDERS INC
BOSTON HOUSING AUTHORITY
BOSTON PAINT COMPANY INC
BOUCHARD PAINTING CO
BRAND SAFWAY INDUSTRIES
BRIAN T MALONE COMPANY
CAPEWAY INTERIORS INC
CARDINAL WINDOW SYSTEMS INC
CAUSEWAY CONTRACTING LLC
CENTURY DRYWALL INC
CHAMPION PAINTING SPECIALTY SE
CHANDLER ARCHITECURAL PRODUCTS
CHERRY HILL GLASS CO INC
CHEVIOT CORP
CKM CONSTRUCTION LLC
COASTAL GLASS & ALUMINUM INC
COASTAL MARINE CONSTRUCTION LL
COATINGS UNLIMITED INC
COLONY DRYWALL INC
COMMUNITY LABOR UNITED
CONNECTICUT DRYWALL FINISHING
CONSTRUCTION JUNCTION
CREATIVE SIGNS INC
CUSTOM DRYWALL
D&R GLASS INC
D&W CONSTRUCTION LLC
DEMERS PLATE GLASS CO
EMC PAINTING INC
EMR DRYWALL INC
EVERGREENE PAINTING STUDIOS
FD THOMAS INC
FAZIO CONSTRUCTION CORP
FEC CORP
FIRST CHOICE FINISHES
FIRST UNION PROMO LLC
FT PAINTING CORP
FUSE BUILDS LLC
GENERAL GLASS & MIRROR CORP
GERONIMO PAINTING CO INC
GREATER BOSTON LABOR COUNCIL
H CARR & SONS INC
HARTMAN WALSH PAINTING
HIGH RISE CONSOLIDATED SERVICE
HOULIHAN PAINTING
HUB GLASS CO
INT'L MNGMT FINISHING SYSTEMS
IPSWICH BAY GLASS CO
J&K DRYWALL INC
JACKSON GLASS INC
JENKAT PAINTING
JK GLASS
JOHN CANNING & CO LTD
JOHN M KENNEDY COMPANY
JOHN W EGAN CO INC
JOHNSON & GOGLIA CONTRACTING I
K & G ENTRANCES
KARAS & KARAS GLASS CO INC
KELTIC PAINTING LLC
KIVA SYSTEMS INC
L&L PAINTING CO INC
LAMAR ADVERTISING COMPANY
LANKFORD CONSTRUCTION CO
LIBERTY MAINT
LOWELL HOUSING AUTHORITY
ML MCDONALD COMPANY
MASS ACOUSTICS INC
MASSACHUSETTS BUILDING TRADES
MASSEY'S GLASS & ALUMINUM INC
MBTA
MCADAM PAINTING CO
MCCARTNEY INTERIORS
METRO GLASS AND METAL
MG MCGRATH INC GLASS & GLAZING
MICHAEL LAHART PAINTING
MIDDLESEX INTERIORS
MIDLAND TECH LLC
MODERN GLASS & ALUMINUM
MODERN PROTECTIVE COATINGSINC
MORRIS PAINTING INC
NEECS
NEW ENGLAND FINISH SYSTEMS LLC
NEW ENGLAND GLASS & FINISHING
OASIS SHOWER DOORS
ORBIS INC
PS BRUCKEL INC
PAINT & DESIGN
PERALTA LLC
PERMASTEELISA CLADDING TECHNOL
PORCELAIN PATCH & GLAZE OF AME
PRIME COATINGS INC
PRIME CONCRETE AND SITEWORK
PRUDENTIAL DOOR & WINDOW
RETAIL STOREFRONT GROUP
SAFESPAN PLATFORM SYSTEMS
SALEM GLASS CO INC
SAVE-ON-WALL CO INC
S-CEL-O PAINTING LLC
SELECT PAINT AND FINISHING LLC
SHAW GLASS CO
SIGN ERECTION & MAINTENANCE
SIGNS AND DECAL CORP
SKYLINE DRYWALL INC
SKYLINE GLASS & GLAZING INC
SOEP PAINTING CORPORATION
SOUSA & CO PROFESSIONAL PTG
SOUTH COAST GLASS INSTALLERS I
SOUTHSIDE TEES
STROUT DRYWALL SOLUTIONS
STRUCTURAL COATINGS INC
SUNRISE ERECTORS INC
SWEENEY DRYWALL FINISHES CORP
SYNERGY CONTRACTING
TAVARES LLC
THE AULSON CO INC
TOTAL GLAZING SYSTEMS
TRIKOTE LLC
TRI-STATE CONSTRUCTION LLC
TRISTATE PAINTING INC
US DRYWALL INC
UNION INSTALLATIONS LLC
UNITY CONSTRUCTION INC
UNIVERSAL DRYWALL LLC
VECTOR-FOILTEC LLC
VILLESIDE CUSTOMS LLC
VSC EMB LLC
WOODS CONSTRUCTION INC
ZAPATA CONSTRUCTION
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 Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd