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WELFARE FUND HEAT AND FROST INSULATORS LOCAL 12: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
WELFARE FUND HEAT AND FROST INSULATORS LOCAL 12 (EIN 11-6302784)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-08-02
IRS object ID
202302149349300645
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)
Return2023-08-02T14:28:00-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131577780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SCHULTHEIS & PANETTIERI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1450 WIRELESS BLVDAddressLine1Txt
CityHAUPPAUGECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11788ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN116302784EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WELFARE FUND OF HEAT AND FROSTBusinessNameLine1Txt
Business Name Line2INSULATORS LOCAL 12BusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWELFBusinessNameControlTxt
Phone7187848883PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line135-53 24TH STREETAddressLine1Txt
CityLONG ISLAND CITYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11106ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAGALI AVILAPersonNm
Person TitleINTERIM FUND MANAGERPersonTitleTxt
Phone7187848883PhoneNum
Signature2023-08-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMAGALIPersonFirstNm
Person LastAVILAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAROL WESTFALLPreparerPersonNm
PTINP00539069PTIN
Phone6312734778PhoneNum

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 OfficerMAGALI AVILAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line135-53 24TH STREETAddressLine1Txt
CityLONG ISLAND CITYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11106ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,948,256GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1950FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPLAN'S PURPOSE IS TO PROVIDE MEDICAL, VACATION, HRA AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$39,865CYContributionsGrantsAmt
PY Program Service Revenue$17,586,636PYProgramServiceRevenueAmt
CY Program Service Revenue$15,781,582CYProgramServiceRevenueAmt
PY Investment Income$774,629PYInvestmentIncomeAmt
CY Investment Income$560,760CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$85,000CYOtherRevenueAmt
PY Total Revenue$18,361,265PYTotalRevenueAmt
CY Total Revenue$16,467,207CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$15,708,882PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$16,941,919CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$355,881PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$418,177CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$428,554PYOtherExpensesAmt
CY Other Expenses$423,715CYOtherExpensesAmt
PY Total Expenses$16,493,317PYTotalExpensesAmt
CY Total Expenses$17,783,811CYTotalExpensesAmt
PY Revenues Less Expenses$1,867,948PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,316,604CYRevenuesLessExpensesAmt
Total Assets BOY$34,847,538TotalAssetsBOYAmt
Total Assets EOY$30,527,836TotalAssetsEOYAmt
Total Liabilities BOY$6,066,932TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,827,368TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$28,780,606NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$24,700,468NetAssetsOrFundBalancesEOYAmt
MissionPLAN'S PURPOSE IS TO PROVIDE MEDICAL, VACATION, HRA AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPLAN'S PURPOSE IS TO PROVIDE MEDICAL, VACATION, HRA AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
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 Footnote0IncludeFIN48FootnoteInd
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
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
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 PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGALI AVILABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7187848883PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line135-53 24TH STREETAddressLine1Txt
CityLONG ISLAND CITYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11106ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ALBERT WASSELL - THRU 1122
FUND MANAGER6.0039.00Yes (X)$168,616$0$117,137
MAGALI AVILA - EFF 1122
INTERIM FUND MANAGER6.0029.00Yes (X)$61,937$0$50,505
MARK BAYALA - EFF 0522
UNION TRUSTEE1.000.00$0$0$0Yes (X)
CHRISTOPHER COOK
UNION TRUSTEE1.000.00$0$0$0Yes (X)
NICHOLAS GRGAS - EFF 0722
UNION TRUSTEE1.000.00$0$0$0Yes (X)
JOHN JOVIC
UNION TRUSTEE1.000.00$0$0$0Yes (X)
STEPHEN MCCANN - EFF 0722
UNION TRUSTEE1.000.00$0$0$0Yes (X)
OCTAVIO SOARES - EFF 0522
ALT UNION TRUSTEE1.000.00$0$0$0Yes (X)
MARK BAYALA - THRU 0522
ALT UNION TRUSTEE1.000.00$0$0$0Yes (X)
JOHN BOHLMANN - THRU 0522
UNION TRUSTEE1.000.00$0$0$0Yes (X)
JOSEPH LAPINSKI - THRU 0722
UNION TRUSTEE1.000.00$0$0$0Yes (X)
GERARD FEELEY - THRU 0722
UNION TRUSTEE1.000.00$0$0$0Yes (X)
RICHARD BUDINICH
EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
DONALD DONNELLY
EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
AL DURANTI
EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
CHRISTOPHER GRANDO
EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
TIM HARTNETT - EFF 0222
EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
BRIAN AULL - EFF 0222
ALT EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
TIM HARTNETT - THRU 0222
ALT EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
JOSEPH LEO - THRU 0222
EMPLOYER TRUSTEE1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$230,553TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$167,642TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNITED HEALTHCARE SERVICES LLC
9700 HEALTH CARE LNMINNETONKAMN55343CLAIMS PROCESSING$574,783
THE SEGAL COMPANY
CHURCH STREET STATION PO BOX 4058NEW YORKNY10261CONSULTING$317,345
SCHULTHEIS & PANETTIERI LLP
450 WIRELESS BOULEVARDHAUPPAUGENY11788ACCOUNTING & AUDIT$214,575
COLLERAN O'HARA & MILLS
100 CROSSWAYS PARK DRIVEWOODBURYNY11797LEGAL FEES$165,314
PROSKAUER ROSE LLP
ELEVEN TIMES SQUARENEW YORKNY100368299LEGAL FEES$122,389
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$39,865GovernmentGrantsAmt
Total Contributions$39,865TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYERS' CONTRIB.238220$11,357,073$11,357,073
PARTICIPANTS' CONTRIB.238220$4,424,509$4,424,509
FieldValueIRS element (for citing)
Total Program Service Revenue$15,781,582TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$367,004TotalRevenueColumnAmt
Exclusion$367,004ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,674,805SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,481,049SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$193,756SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$193,756TotalRevenueColumnAmt
Exclusion$193,756ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business235220BusinessCd
Total Revenue Column$85,000TotalRevenueColumnAmt
Related Or Exempt Func Income$85,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$85,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,467,207TotalRevenueColumnAmt
Related Or Exempt Func Income$15,866,582RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$560,760ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$16,941,919TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$394,067TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$24,110TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$276,790TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$202,020TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$67,778TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$212,530TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$41,279TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$75,640TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$16,256TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,197TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$132,225TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescREIMB TO RELATED ORGDesc
Total-$611,000TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,783,811TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,618,054BOYAmt
EOY$9,094,924EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,590,916BOYAmt
EOY$39,817EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,717,072BOYAmt
EOY$2,935,693EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$112,204LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$71,416LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$50,985BOYAmt
EOY$40,788EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$11,337,979BOYAmt
EOY$9,296,933EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$9,199,977BOYAmt
EOY$8,850,691EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$332,555BOYAmt
EOY$268,990EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$34,847,538BOYAmt
EOY$30,527,836EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$270,409BOYAmt
EOY$176,877EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$1,479,394BOYAmt
EOY$1,504,365EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$39,865BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,277,264BOYAmt
EOY$4,146,126EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,066,932BOYAmt
EOY$5,827,368EOYAmt
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$28,780,606BOYAmt
EOY$24,700,468EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,780,606BOYAmt
EOY$24,700,468EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$34,847,538BOYAmt
EOY$30,527,836EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,316,604ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,763,534NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$112,204OtherCostOrOtherBasisAmt
Depreciation$71,416DepreciationAmt
Book Value$40,788BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,788TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMMON COLLECTIVE TRUST FUNDS$6,093,311F
PARTNERSHIPS/JOINT VENTURES$1,744,483F
UNALLOCATED CONTRACT$1,012,897F
FieldValueIRS element (for citing)
Total Book Value Securities$8,850,691TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO RELATED ORGANIZATIONS$1,127,326
BENEFIT OBLIGATIONS CURRENTLY PAYABLE$3,018,800
FieldValueIRS element (for citing)
Total Liability$4,146,126TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$13,635,895TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,763,534NetUnrealizedGainsInvstAmt
Revenue Not Reported-$2,763,534RevenueNotReportedAmt
Revenue Subtotal$16,399,429RevenueSubtotalAmt
Investment Expenses Not Incld$67,778InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$67,778RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,467,207TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,984,733TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$17,984,733ExpensesSubtotalAmt
Investment Expenses Not Incld2$67,778InvestmentExpensesNotIncld2Amt
Other Expenses Not Included-$268,700OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$200,922ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,783,811TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:SURETY DEPOSITS COLLECTED FROM CONTRACTORS.
PART XII, LINE 4B - OTHER ADJUSTMENTS:CHANGE IN BENEFIT OBLIGATIONS CURRENTLY PAYABLE -268,700.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonALBERT WASSELL - THRU 1122PersonNm
TitleFUND MANAGERTitleTxt
Base Compensation Filing Org$166,016BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$2,600OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$75,228DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$41,909NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$285,753TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990 SCHEDULE J SUPPLEMENTAL INFORMATIONFormAndLineReferenceDesc
ExplanationALBERT WASSELL RECEIVED COMPENSATION AND BENEFITS IN HIS CAPACITY AS FUND MANAGER OF THE RELATED PENSION, ANNUITY, WELFARE, AND APPRENTICE-JOURNEYWORKER EDUCATIONAL FUNDS WHERE HE WORKED 45 HOURS PER WEEK THRU NOVEMBER 2022. COMPENSATION AND BENEFITS WERE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE WELFARE FUND'S PORTION OF THESE EXPENSES IS 45% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM WAS COMPLETED IN CONJUNCTION WITH THE FUND MANAGER AND WAS REVIEWED WITH THE BOARD OF TRUSTEES PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CAS REQUIRED BY THE FUND'S CONFLICT OF INTEREST POLICY ("POLICY"), THE TRUSTEES AND MEMBERS OF THE FUND'S ADMINISTRATIVE STAFF HAVE A CONTINUOUS OBLIGATION TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THE FULL BOARD OF TRUSTEES. IN ADDITION TO THE AFORESAID CONTINUOUS OBLIGATION TO DISCLOSE, THE FUND'S POLICY REQUIRES TRUSTEES AND MEMBERS OF THE FUND'S ADMINISTRATIVE STAFF TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREES TO COMPLY WITH THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. PARTICIPANTS MAY VIEW DOCUMENTS AT THE FUND OFFICE UPON REQUEST, TO THE EXTENT REQUIRED BY LAW.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
PENSION FUND OF HEAT & FROST INSULATORS LOCAL 12
35-53 24TH STREETLONG ISLAND CITYNY11106516045262RETIREMENT BENEFITSNY501(A)N/AN/A0
ANNUITY FUND OF HEAT & FROST INSULATORS LOCAL 12
35-53 24TH STREETLONG ISLAND CITYNY11106136101711RETIREMENT BENEFITSNY501(A)N/AN/A0
APPRENTICE JOURNEYWORKER EDUCATION FUND OF HEAT & FROST INSULATORS LOCAL 12
35-53 24TH STREETLONG ISLAND CITYNY11106113084552APPRENTICE TRAINING BENEFITSNY501(C)(3)LINE_2_SCHOOL_DESCRIN/A0
INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATORS & ALLIED WORKERS LCL 1
35-53 24TH STREETLONG ISLAND CITYNY11106135574122LABOR UNIONNY501(C)(5)N/AN/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE R SUPPLEMENTAL INFORMATIONBusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE R SUPPLEMENTAL INFORMATIONBusinessNameLine1Txt
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 OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VII, SECTION ACERTAIN TRUSTEES LISTED ON FORM 990, PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION OR ANY RELATED ORGANIZATION IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZATION. CERTAIN TRUSTEES LISTED ON FORM 990, PART VII, SECTION A, DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION, BUT DO RECEIVE COMPENSATION IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF IAH&F INSUL & ALLIED WKRS LOCAL 12 (THE UNION"). ACCORDINGLY, THEIR COMPENSATION IS REPORTED ON THE FORM 990 OF THE UNION. THE INFORMATION DISCLOSED ON THE SCHEDULE R SUPPLEMENTAL INFORMATION FOR RELATED PARTIES IS THAT WHICH WAS AVAILABLE TO THIS ORGANIZATION AT THE TIME OF THIS FILING.
FORM 990, SCHEDULE R ATTACHMENT, RELATED ORGANIZATIONSPART III, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP (A)NAME ATLANTIC CONTRACTING & SPECIALTIES, LLC ADRIA INFRASTRUCTURE, LLC BRAND ENERGY SERVICES LLC HORIZON CONTRACTING LLC LEGACY INSULATION, LLC MECHANICAL ADVANTAGE CONSTRUCTION, LLC XTREME MECH. INSULATION LLC WELKIN MECHANICAL LLC
FORM 990, SCHEDULE R ATTACHMENT, RELATED ORGANIZATIONSPART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST (A)NAME 4 STAR INSULATION INC. A.M.P. CONSTRUCTON CORP. AIR-TEK MECHANICAL INC. AIRTONE CORPORATION ALPINE ENTERPRISES NY LTD AMR SERVICES INC. BISSETTA & LIST, INC. BROTHERS INSULATION INC CARDOZA PLUMBING CORP. CENTRAL MECHANICAL SYSTEMS INC DAY & NITE DMN INSULATION INC. EASTERN PLUMBING & MECHANICAL CONTR.,INC ECO THERMAL CONTRACTING, INC. ECOLINE INS. INC. EFTIS GROUP INC. EMPIRE CONTROL ABATEMENT INC. EVELICH II INSULATION EXPERT INSULATION CORP G.M INSULATION CORP. GATEWAY INSULATION HAILEY INSULATION CORP HART INSULATION HBH MECHANICAL INSULATION INC IAR INDUSTRIAL PIPE INSULATION J.E.S. PLUMBING & HEATING CORP JGE CONTRACTING JOHN'S INSULATION KIMCO GROUP, INC. KLAIRGAR INC. KORDUN CONSTRUCTION CORP. LIBERTY UNIVERSAL CONTRACTING LJR INS.& GEN'L. CONT.,INC. MARTINEZ ASSOCIATES INC. MATE MATURA AND SONS INC. MATURA INSULATION MBC CO. MEDINA INSULATION CORP. MINOSIS GROUP INC. NB INSULATION CORP PAM THERMAL PEQUA INSULATION MECH.INC. PREMIER INSULATION SERVICES IN R LACH CONTRACTING INC RAC MECH. RFJ RWB CONTRACTING SOLAR INSULATION CO., INC. STATE UNIVERSITY TAMEER, INC THERMO TECH MECHANICAL, INC. TJN CORP. TRISTAN CONTRACTING CORP TWIN FORKS INSULATION INC. VARSITY PLUMBING & HEATING, INC. VC INSULATION INC. WHM PLUMBING & HEATING CONTRACTORS INC. X-CELL INSULATION CORPORATION YOU & US MECHANICAL SERVICES ZHL GROUP, INC