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BOARD OF TRUSTEES OF NATIONAL IAM B ENEFIT TRUST FUND: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BOARD OF TRUSTEES OF NATIONAL IAM B ENEFIT TRUST FUND (EIN 36-6562520)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202313179349303916
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)
Return2023-11-13T10:31:27-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN366562520EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL IAM BENEFIT TRUST FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone2027858148PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 M STREET SE 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200034595ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYOLANDA D MONTGOMERYPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2027858148PhoneNum
Signature2023-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstYOLANDAPersonFirstNm
Person LastMONTGOMERYPersonLastNm
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
Preparation2023-11-13PreparationDt

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 OfficerYOLANDA D MONTGOMERYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 M STREET SE 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200034595ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$226,952,119GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.IAMBTF.ORGWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1973FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO PROVIDE HEALTH, WELFARE, VISION AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ESTABLISHED UNDER A COLLECTIVE BARGAINING AGREEMENT BEWTEEEN VARIOUS EMPLOYERS AND THE INTERANTIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, AFL-CIO AND AFFILIATED IAM LOCAL AND IAM DISTRICT LODGES.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee22TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$106,465,100PYProgramServiceRevenueAmt
CY Program Service Revenue$114,046,214CYProgramServiceRevenueAmt
PY Investment Income$3,343,700PYInvestmentIncomeAmt
CY Investment Income$413,960CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$28,565CYOtherRevenueAmt
PY Total Revenue$109,808,800PYTotalRevenueAmt
CY Total Revenue$114,488,739CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$105,869,079PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$102,950,895CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,616,529PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,475,860CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,905,855PYOtherExpensesAmt
CY Other Expenses$6,763,891CYOtherExpensesAmt
PY Total Expenses$114,391,463PYTotalExpensesAmt
CY Total Expenses$112,190,646CYTotalExpensesAmt
PY Revenues Less Expenses-$4,582,663PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,298,093CYRevenuesLessExpensesAmt
Total Assets BOY$108,324,998TotalAssetsBOYAmt
Total Assets EOY$101,616,678TotalAssetsEOYAmt
Total Liabilities BOY$2,118,412TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,934,306TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$106,206,586NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$95,682,372NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE HEALTH, WELFARE, VISION AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ESTABLISHED UNDER A COLLECTIVE BARGAINING AGREEMENT BETWEEN VARIOUS EMPLOYERS AND THE INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, AFL-CIO AND AFFILIATED IAM LOCAL AND IAM DISTRICT LODGES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTO PROVIDE HEALTH, WELFARE, VISION AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.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
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee22EmployeeCnt
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 Line1THE FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2027858148PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 M STREET SE 600AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200034595ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DORA CERVANTES
UNION TRUSTEE/CO-CHAIR1.0040.00Yes (X)Yes (X)$0$284,574$111,619
STEVEN M GALLOWAY
UNION TRUSTEE1.0040.00Yes (X)$0$256,815$104,734
AMY KEHOE
EMPLOYER TRUSTEE1.00Yes (X)$0$0$0
THOMAS MITCHELL
EMPLOYER TRUSTEE/CO-CHAIR1.00Yes (X)$0$0$0
MARIE UNDERWOOD
EMPLOYER TRUSTEE1.00Yes (X)$0$0$0
RICKEY WALLACE
UNION TRUSTEE1.0040.00Yes (X)$0$259,463$91,656
JAMES TIERNEY
EXECUTIVE DIRECTOR9.8032.20Yes (X)$109,918$401,391$56,181
KAREN BROWN
DIRECTOR OF OPERATIONS40.00$163,860$0$27,604Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$273,778TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,202,243TotReportableCompRltdOrgAmt
Total Other Compensation$391,794TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
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
CIGNA
900 COTTAGE GROVE RDBLOOMFIELDCT06002CLAIMS PROCESSING$4,064,048
VITECH SYSTEMS GROUP
401 PARK AVE SOUTHNEW YORKNY10016BENEFIT & ADMIN SOFTWARE$2,332,697
LINEA SOLUTIONS
4551 GLENCOR AVE STE 140MARINA DEL REYCA90292CONSULTING$489,660
RIGHTPATH RESOURCES INC
5400 LAUREL SPINRGS PKWY STE 1301SUWANEEGA30024CONSULTING$386,545
DELTA DENTAL
ONE DELTA DRIVEMECHANICSBURGPA17055CLAIMS PROCESSING$342,238
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS525100$113,446,978$113,446,978
PARTICIPANT CONTRIBUTIONS525100$599,236$599,236
FieldValueIRS element (for citing)
Total Program Service Revenue$114,046,214TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$483,214TotalRevenueColumnAmt
Exclusion$483,214ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$112,394,126SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$112,463,380SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$69,254SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$69,254TotalRevenueColumnAmt
Exclusion-$69,254ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900999BusinessCd
Total Revenue Column$28,565TotalRevenueColumnAmt
Exclusion$28,565ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$28,565OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$114,488,739TotalRevenueColumnAmt
Related Or Exempt Func Income$114,046,214RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$442,525ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$102,950,895TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$109,918TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,672,924TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$184,218TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$366,257TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$142,543TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,378TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$59,028TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$271,167TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,399,900TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$185,004TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$464,415TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$149,168TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$34,715TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,252TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$90,879TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$55,128TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
ACA FEES$30,531
LEASE EXPENSE$7,263
PERSONAL PROPERTY TAXES$6,063

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$112,190,646TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$111,863BOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,622,236BOYAmt
EOY$9,062,573EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,293,289BOYAmt
EOY$1,106,578EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$49,194BOYAmt
EOY$40,560EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,021,104LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,039,546LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,803,178BOYAmt
EOY$7,981,558EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$96,445,238BOYAmt
EOY$83,425,409EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$108,324,998BOYAmt
EOY$101,616,678EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$407,449BOYAmt
EOY$2,128,757EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$376,991BOYAmt
EOY$228,905EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,333,972BOYAmt
EOY$3,576,644EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,118,412BOYAmt
EOY$5,934,306EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$106,206,586BOYAmt
EOY$95,682,372EOYAmt

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$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$106,206,586BOYAmt
EOY$95,682,372EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$108,324,998BOYAmt
EOY$101,616,678EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,298,093ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$12,822,307NetUnrlzdGainsLossesInvstAmt
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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,021,104OtherCostOrOtherBasisAmt
Depreciation$1,039,546DepreciationAmt
Book Value$7,981,558BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,981,558TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMMON COLLECTIVE TRUST$24,686,550F
103-12 INVESTMENT ENTITIES$58,738,859F
FieldValueIRS element (for citing)
Total Book Value Securities$83,425,409TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
SELF PAY PREPAID CONTRIBUTIONS$39,728
DUE TO IAM NATIONAL PENSION FUND$2,072,621
BANK OVERDRAFT$779,200
CONTRIBUTION OVERPAYMENTS$678,898
DUE TO IAM NATIONAL 401K PLAN$6,197
FieldValueIRS element (for citing)
Total Liability$3,576,644TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$101,395,265TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$12,822,307NetUnrealizedGainsInvstAmt
Revenue Not Reported-$12,822,307RevenueNotReportedAmt
Revenue Subtotal$114,217,572RevenueSubtotalAmt
Investment Expenses Not Incld$271,167InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$271,167RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$114,488,739TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$111,919,479TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$111,919,479ExpensesSubtotalAmt
Investment Expenses Not Incld2$271,167InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$271,167ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$112,190,646TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THE TAX POSITIONS TAKEN BY THE FUND AND CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. TYPICALLY, FUND TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE FUND.ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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
JAMES TIERNEY
EXECUTIVE DIRECTOR$109,918$401,391$0$0$0$0$0$33,200$0$22,981$109,918$457,572$0$0
DORA CERVANTES
UNION TRUSTEE/CO-CHAIR$0$263,812$0$0$0$20,762$0$85,954$0$25,665$0$396,193$0$0
STEVEN M GALLOWAY
UNION TRUSTEE$0$238,153$0$0$0$18,662$0$79,546$0$25,188$0$361,549$0$0
RICKEY WALLACE
UNION TRUSTEE$0$238,152$0$21,311$0$0$0$78,370$0$13,286$0$351,119$0$0
KAREN BROWN
DIRECTOR OF OPERATIONS$163,860$0$0$0$0$0$20,417$0$7,187$0$191,464$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TRUSTEES DORA CERVANTES, RICKEY WALLACE, AND STEVEN M. GALLOWAY HAVE A BUSINESS RELATIONSHIP THROUGH GRAND LODGE INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, RESPECTIVELY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM, ENGAGED BY THE FUND, WHO PROVIDES A DRAFT COPY OF THE RETURN TO THE FUND OFFICE FOR THEIR INTERNAL REVIEW AND COMMENT. A FINAL DRAFT IS THEN FORWARDED TO THE FUND OFFICE WHICH IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL COVERED PERSONS, TRUSTEES AND FUND EMPLOYEES, ARE REQUIRED ON AN ANNUAL BASIS TO AFFIRM IN WRITING THAT THEY HAVE RECEIVED, UNDERSTOOD, AND WILL COMPLY WITH THE FUND'S CODE OF CONDUCT.
FORM 990, PART VI, SECTION B, LINE 15THE SALARY FOR THE FUND DIRECTOR IS DETERMINED BY THE BOARD OF TRUSTEES. ALL OTHER COMPENSATION OF THE NON-BARGAINING UNIT STAFF IS DETERMINED BY THE FUND DIRECTOR. ALL OTHER COMPENSATION OF THE BARGAINING UNIT STAFF IS DETERMINED BY THE COLLECTIVE BARGAINING AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19PARTICIPANTS CAN REQUEST COPIES OF DOCUMENTS OR REVIEW DOCUMENTS AT THE FUND OFFICE.
FORM 990. PART XII, LINE 2C:THE REVIEW PROCESS IS UNCHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (38 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationInd
IAM NATIONAL PENSION FUND
99 M STREET SE 600WASHINGTONDC200033799516031295RETIREMENT PLANDC401(A)0
IAM NATIONAL 401K PLAN
99 M STREET SE 600WASHINGTONDC200033799320443423RETIREMENT PLANDC401(A)0
AIR TRANSPORT DISTRICT 142
BOROUGH OF BELLWOOD
CITY OF GREENDALE
IAM NATIONAL PENSION FUND
IAM & AW DISTRICT LODGE 1
IAM & AW DISTRICT LODGE 112
IAM & AW DISTRICT LODGE 131
IAM & AW DISTRICT LODGE 15
IAM & AW DISTRICT LODGE 166
IAM & AW DISTRICT LODGE 171
IAM & AW DISTRICT LODGE 1888
IAM & AW DISTRICT LODGE 2020
IAM & AW DISTRICT LODGE 26
IAM & AW DISTRICT LODGE 34
IAM & AW DISTRICT LODGE 4
IAM & AW DISTRICT LODGE 5
IAM & AW DISTRICT LODGE 54
IAM & AW DISTRICT LODGE 60
IAM & AW DISTRICT LODGE 75
IAM & AW DISTRICT LODGE 776
IAM & AW DISTRICT LODGE 8
IAM & AW DISTRICT LODGE 98
IAM & AW GRAND LODGE
IAM & AW LOCAL LODGE 126
IAM & AW LOCAL LODGE 2003
IAM & AW LOCAL LODGE 2515
IAM & AW LOCAL LODGE 519
IAM & AW LOCAL LODGE 65
IAM & AW LOCAL LODGE 794
IAM & AW LOCAL LODGE 851
IAM & AW LOCAL LODGE 933
IAM CREST
NATL FEDERATION OF FEDERAL EMPLOYEES
TCUIAM TRAINING SERVICES DEPARTMENT
TENNESSEE VALLEY AUTHORITY (TVA)
UNION SPORTSMEN'S ALLIANCE

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (164 entries)

ABM PARKING SERVICES-NASHVILLE AIRPORT
AHOLD USA
AIR TRANSPORT DISTRICT 142
AKIMA LLC
AKRON BRASS COMPANY
ALLEN-MITCHELL & CO
ALLIED AVIATION-HOUSTON
ALLIED AVIATION-NEWARK
AMENTUM SERVICES INC
ANDERSON GLOBAL INC
ARNOLD ENGINEERING
ASRC COMMUNICATIONS LTD
ASRC COMMUNICATIONS LTD - FL
AVIATION TRAINING CONSULTING LLC
BALTIMORE TRUCK CENTER INC
BARTH INDUSTRIES
BCS LIFE SUPPORT
BOLANA ENTERPRISES INC
BOROUGH OF BELLWOOD
BOWHEAD INTEGRATED SUPPORT SERVICES
BOWLING TRANSPORTATION INC
C MARTIN COMPANY INC
CAE USA MISSION SOLUTIONS INC
CENTRAL RUBBER COMPANY
CHENEGA SECURITY AND SUPPORT SOLUTIONS LLC (CS3)
CLARKE FIRE PROTECTION INC
CLARKE POWER SERVICES INC
CLC INC
CNH INDUSTRIAL LLC
CREATIVE MANAGEMENT TECHNOLOGY (CMTI)
CRESCENT PLASTICS INC
CRESLINE PLASTIC PIPE CO
CURTO-LIGONIER FOUNDRY
CYMSTAR SERVICES LLC
DAIRY CONVEYOR CORPORATION
DELAWARE RESOURCE GROUP - DOVER
DELAWARE RESOURCE GROUP - JPATS
DELAWARE RESOURCE GROUP - MOODY AFB
DELAWARE RESOURCE GROUP - T38
DELAWARE RESOURCE GROUP - TUCSON AZ
DELAWARE RESOURCE GROUP III
DELAWARE RESOURCE GROUP-MOUNTAIN HOME
DELAWARE RESOURCE GROUP-SEYMOUR JOHNSON
DELAWARE RESOURCE GROUP-TRAVIS
DELAWARE RESOURCES GROUP - SHAW AFB
DELAWARE RESOURCES GROUP - HILL
DELAWARE RESOURCES GROUP - NELLIS
DENMAR SERVICES INC-FORT RUCKER
DIRECT VIZ SOLUTIONS LLC
DIVERSE TECHNOLOGY KORPS INC
DIVERSIFIED SERVICE CONTRACTING INC
DREIS & KRUMP MFG CO
DYNCORP INTERNATIONAL LLC - CONROE
DYNCORP INTERNATIONAL LLC - NIAGARA FALLS
DYNCORP INTERNATIONAL LLC EL PASO
DYNCORP INTERNATIONAL LLC- FARMINGDALE NY
E & J TRUCK SERVICES INC
EBERHARD MFG
ELECTRIC MOTOR SERVICES
ERICA LANE ENTERPRISES INC
FELINS USA INC
FIDELITY TECHNOLOGIES CORPORATION - CHERRY POINT
FIDELITY TECHNOLOGIES CORPORATION - NEW RIVER
FINKL STEEL
FIRST VEHICLE SERVICES
FIVE RIVERS SERVICES
FLINT & WALLING INC
FORMTEK INC
FRANK MILLARD AND COMPANY
GARDNER MFG
GEMINI TECH SERVICES LLC
GEN 4 SERVICES LLC
GERRESHEIMER GLASS
GLENMOOR COMPANY
GOLDBELT C6
HENRY PRATT COMPANYLLC
JACOBS TECHNOLOGY INC
KELLOGGS SNACKS
KENNA HOMES COOPERATIVE CORP
KING AEROSPACE
KIRA GOVERNMENT SERVICES
KOPPERS INDUSTRIES INC
L-3 TECHNOLOGIES VERTEX AEROSPACE
LB&B ASSOCIATES INC
LUKAYVA INC
M1 SUPPORT SERVICES
M1 SUPPORT SERVICES-FORT RUCKER
M-B COMPANIES
MCGEE AIR SERVICES - EVERETT
MCGEE AIR SERVICES - LOS ANGELES
MCGEE AIR SERVICES - OAKLAND
MCGEE AIR SERVICES - PHOENIX
MCGEE AIR SERVICES - PORTLAND
MCGEE AIR SERVICES - SAN JOSE
MCGEE AIR SERVICES - SEATTLE
MCTEAGUEHIGBEE
MELGAR FACILITY MAINTENANCE
METRO PROFESSIONAL SERVICES
MONTAGUE MACHINE CO 'B'
MOUNT JOY WIRE CO
NATIONAL IAM BENEFIT TRUST FUND
NATIONAL RIVET MFG CO
NATL FEDERATION OF FEDERAL EMPLOYEES
NAVIGATOR INTERNATIONAL LLC
NEKOOSA CORPORATION
NELOGIS
NORCO
NUK USA
ORSA TECHNOLOGIES
PAE APPLIED TECHNOLOGIES
PAE AVIATION AND TECH SVCS-TYNDALL AFB
PAE AVIATION AND TECHNICAL SERVICES LLC SOFTWARE
PAE JOHNSON SPACE CENTER
PAE-SGT PARTNERS (PSP)
PINNACLE SOLUTIONS
PRECISION MARSHALL STEEL
PRESSED METAL CORP
ROTHE ENTERPRISES INC
RYESON CORP
S&K TECHNOLOGIES INC
SA-TECHINC
SATELLITE SERVICES INC (SSI)
SC JONES SERVICES
SILGAN CONTAINERS CORP (ROCHELLE)
SILGAN WHITE CAP
SKOOKUM CONTRACT SERVICES
SKYQUEST AVIATION LLC
SODEXO-MAINE MARITIME ACADEMY
SOLUTION ONE INDUSTRIES INC
SONNEBORN LLC
SONORAN TECHNOLOGY & PROFESSIONAL SVCS
SOUTHWEST RANGE SERVICES LLC
STA CONTRACTING INC
STANDARD HORSE NAIL
SUPERIOR-LIDGERWOOD-MUNDY
SYSTEM DYNAMICS INTERNATIONAL INC (SDI)
SYSTEMS APPLICATION AND TECHNOLOGIES INC
T & H SERVICES LLC
T SQUARE LOGISTICS SERVICES CORP
TCUIAM TRAINING SERVICES DEPARTMENT
TECHSYSTEMS
TECNOCAP LLC
TENNESSEE VALLEY AUTHORITY (TVA)
THE GEO GROUP INC - BROOKS
THE GEO GROUP INC - COASTAL
THE GEO GROUP INC - HIDALGO
TIVOLY INC
TK&K SERVICES LLC
TOWERS IN WESTCHESTER PARK
TRIANGLE PACKAGE MACHINERY COMPANY
TRIUS INC
UNION ELECTRIC STEEL CORPORATION
UNION MACHINE & TOOL WORKS INC
UNION SPORTSMEN'S ALLIANCE
VALIANT GLOBAL DEFENSE SERVICES INC - NAS WHIDBEY
VAUGHN MANUFACTURING CO
VILLAGE OF NORTHFIELD
VISHAY INTERTECHNOLOGY INC
WALSINGHAM GROUP INC
WELD TOOLING CORPORATION
WICHITA CLUTCH
WOLF CREEK FEDERAL SERVICES
WYMAN GORDON COMPANY
ZIA ENGINEERING & ENVIRONMENTAL CONSULTANTS LLC
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 FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
IAM NATIONAL PENSION FUND
N$1,294,416CASH BASIS
IAM NATIONAL PENSION FUND
O$524,527CASH BASIS