2023-11-13T14:49:17-06:00 2022-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2022-01-01 136132502 IBEW - 363 WELFARE FUND IBEW 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 PAMELA BROWN PLAN ADMINISTRATOR 8457833500 2023-11-13 1 PAMELA BROWN 999009999 1 JON S GAGLIARDI CPA P00528721 9082727000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAMELA BROWN 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 48308187 0 X WWW.IBEWLU363.ORG X 1956 NY TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS 12 8 13 0 0 0 0 0 25599668 26586979 1840624 748028 585678 600797 28025970 27935804 0 0 25366304 24848118 795104 763914 0 0 0 651336 689954 26812744 26301986 1213226 1633818 52283639 49611534 9313275 10091682 42970364 39519852 TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS 0 0 PROVIDE ACCIDENT,HOSPITAL,MEDICAL,SURGICAL,DISABILITY,OPTICAL VACATION BENEFITS FOR ELIGIBLE PARTICIPANTS & DEPENDENTS 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X IBEW #363 WELFARE FUND 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 SAMUEL FRATTO UNION TRUSTEE 1.00 39.00 X 0 243653 58714 STEVE NEUGEBAUER UNION TRUSTEE 1.00 39.00 X 0 160980 58714 JOHN DICKSON UNION TRUSTEE 1.00 39.00 X 0 160980 58714 JOHN A MARAIA UNION TRUSTEE 1.00 39.00 X 0 160980 58714 JOSEPH DELEONARDIS EMPLOYER TRUSTEE 1.00 X 0 0 0 ROBERT KAEHLER EMPLOYER TRUSTEE 1.00 X 0 0 0 JAMES JOHANNEMANN EMPLOYEE TRUSTEE 1.00 X 0 0 0 RICHARD SCHWARZBECK EMPLOYEE TRUSTEE 1.00 X 0 0 0 JEFFREY SEIDEL EMPLOYER TRUSTEE 1.00 X 0 0 0 ROBERT METZ EMPLOYEE TRUSTEE 1.00 X 0 0 0 NICK HEIM UNION TRUSTEE 1.00 X 0 0 0 FRANK PERUGINO UNION TRUSTEE 1.00 X 0 0 0 PAMELA BROWN PLAN ADMINISTRATOR 12.00 28.00 X 160980 0 57714 160980 726593 292570 1 0 1 0 AETNA 151 FARMINGTON AVENUE HARTFORD CT 06156 CLAIMS PROCESSING 202359 MALONEY ASSOCIATES INC 371 MERRICK ROAD ROCKVILLE CENTRE NY 11570 CLAIMS PROCESSING 121676 2 EMPLOYERS' CONTRIBUTIONS 900099 23919657 23919657 EMPLOYEES' CONTRIBUTIONS 900099 1888903 1888903 RETIREE DRUG SUBSIDY 900099 778419 778419 26586979 635046 635046 20485365 20372383 112982 112982 112982 REIMBURSED BY AFFILIATES 900099 600146 600146 MISCELLANEOUS INCOME 900099 651 651 600797 27935804 27187776 0 748028 24848118 160980 288916 112155 165542 36321 7071 27600 136959 391280 51126 40267 17115 656 41 11789 AFFORDABLE CARE ACT FEE 6050 26301986 13965355 14421725 683025 611438 3746174 5061985 82238 62546 10500 19692 33739980 29290847 138605 205847 52283639 49611534 12982 10576 9300293 10081106 9313275 10091682 X 0 0 0 0 42970364 39519852 42970364 39519852 52283639 49611534 1633818 -5084330 0 X X 0 1 X 1 0 82238 62546 19692 19692 MEMBERS' VACATION PAYABLE 9858607 CONTRACTORS' SECURITY DEPOSITS 174867 RECIPROCALS PAYABLE 47632 10081106 X 22114369 -5084330 -5084330 27198699 136959 600146 737105 27935804 25564881 -600146 -600146 26165027 136959 136959 26301986 PART X, LINE 2: THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501 (C)(9) OF THE INTERNAL REVENUE CODE ("IRC") AND, ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE TRUST HAS OBTAINED A FAVORABLE TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE, AND THE PLAN SPONSOR BELIEVES THAT THE TRUST, AS AMENDED, CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC. 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 (OR ASSET) IFTHE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31,2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS 600,146. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS -600,146. X 0 0 0 SAMUEL FRATTO UNION TRUSTEE 0 243653 0 0 0 0 0 35906 0 22808 0 302367 0 0 STEVE NEUGEBAUER UNION TRUSTEE 0 160980 0 0 0 0 0 35906 0 22808 0 219694 0 0 JOHN DICKSON UNION TRUSTEE 0 160980 0 0 0 0 0 35906 0 22808 0 219694 0 0 JOHN A MARAIA UNION TRUSTEE 0 160980 0 0 0 0 0 35906 0 22808 0 219694 0 0 PAMELA BROWN PLAN ADMINISTRATOR 160980 0 0 0 0 0 34906 0 22808 0 218694 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW PURPOSES PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE FUND HAS A BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS. IBEW #363 SUB FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 020546331 PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS NY SECTION 501(C)(9) 0 IBEW #LMCC FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 133800212 TO PROVIDE EDUCATIONAL AND PROMOTIONAL SERVICES NY SECTION 501(C)(5) 0 L 363 JAT RE CORP 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 133765269 ACTS AS A CORP THAT OPERATES BY RENTING OFFICE SPACE TO OTHER 363 FUNDS NY SECTION 501(C)(2) 0 IBEW #363 APPRENTICESHIP FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 136132505 TO PROVIDE TRAINING FOR APPRENTICES AND MEMBERS NY SECTION 501(C)(3) 0 IBEW #363 SCHOLARSHIP FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 204423030 TO PROVIDE SHCOLARSHIPS TO ELIGIBLE STUDENTS NY SECTION 501(C)(3) 0 IBEW #363 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 131739738 TO PROVIDE ORGANIZING,NEGOTIATIONS & ARBITRATIONS FOR MEMBERS NY SECTION 501(C)(5) 0 IBEW #363 PENSION FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 516041178 TO PROVIDE PENSION BENEFITS FOR ELIBIBLE PARTICIPANTS NY SECTION 401(A) 0 IBEW #363 SUPPLY HOUSE PENSION 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 132972311 TO PROVIDE PENSION BENEFITS FOR ELIBIBLE SUPPLY HOUSE PARTICIPANTS NY SECTION 401(A) 0 IBEW #363 MONEY PURCHASE PENSION 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 136530041 TO PROVIDE ANNUITY BENEFITS FOR ELIGIBLE PARTICIPANTS NY SECTION 401(A) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 IBEW #363 JAT RE CORP K 17115 USAGE OF BUILDING IBEW #363 MONEY PURCHASE PENSION FUND Q 156932 TIME ANALYSIS IBEW #363 GENERAL FUND Q 105315 TIME ANALYSIS IBEW #363 APPRENTICE FUND Q 97956 TIME ANALYSIS IBEW #363 LMCC FUND Q 29638 TIME ANALYSIS IBEW #363 PENSION FUND Q 121205 TIME ANALYSIS IBEW #363 SUB FUND Q 70029 TIME ANALYSIS IBEW #363 GENERAL FUND P 31385 TIME ANALYSIS/USAGE OF EXPENSES