I B E W LOCAL 25 HEALTH AND BENEFIT FUND: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- I B E W LOCAL 25 HEALTH AND BENEFIT FUND (EIN 11-1630810)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-08-05
- IRS object ID
- 202202179349300205
- Schema version
- 2021v4.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-05T07:06:00-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131577780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHULTHEIS & PANETTIERI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 WIRELESS BLVD | AddressLine1Txt |
| City | HAUPPAUGE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11788 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111630810 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IBEW LOCAL 25 HEALTH & BENEFIT FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IBEW | BusinessNameControlTxt |
| Phone | 6314343344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 372 VANDERBILT MOTOR PARKWAY | AddressLine1Txt |
| City | HAUPPAUGE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11788 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN CASEY | PersonNm |
| Person Title | UNION TRUSTEE | PersonTitleTxt |
| Phone | 6314343344 | PhoneNum |
| Signature | 2022-08-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEVIN | PersonFirstNm |
| Person Last | CASEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAROL WESTFALL | PreparerPersonNm |
| PTIN | P00539069 | PTIN |
| Phone | 6312734778 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 372 VANDERBILT MOTOR PARKWAY | AddressLine1Txt |
| City | HAUPPAUGE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11788 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $89,269,830 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1950 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $39,300,030 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $44,805,029 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,902,796 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,177,286 | CYInvestmentIncomeAmt |
| PY Other Revenue | $33,306 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $42,236,132 | PYTotalRevenueAmt |
| CY Total Revenue | $46,982,315 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $40,652,306 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $41,222,747 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,179,368 | PYOtherExpensesAmt |
| CY Other Expenses | $1,393,384 | CYOtherExpensesAmt |
| PY Total Expenses | $41,831,674 | PYTotalExpensesAmt |
| CY Total Expenses | $42,616,131 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $404,458 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,366,184 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $74,580,288 | TotalAssetsBOYAmt |
| Total Assets EOY | $77,411,415 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,412,059 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,252,254 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $69,168,229 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $73,159,161 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSA ARREAGA-NEGRON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6314343344 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 372 VANDERBILT MOTOR PARKWAY | AddressLine1Txt |
| City | HAUPPAUGE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 117885133 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| JAMES KENNEDY | |||||||
| EMPLOYER TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CYNTHIA LASALA | |||||||
| EMPLOYER TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAT SANTORO | |||||||
| EMPLOYER TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CLIFFORD SEAMAN | |||||||
| EMPLOYER TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER CALLAHAN -EFF 921 | |||||||
| UNION TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| KEVIN CASEY | |||||||
| UNION TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES MALLEY | |||||||
| UNION TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JOSHUA MARGOLIS - EFF 921 | |||||||
| UNION TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| EDWARD O'BRIEN - THRU 921 | |||||||
| UNION TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GODFREY KING JR - THRU 921 | |||||||
| UNION TRUSTEE | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL HEINZEL - THRU 121 | |||||||
| FUND MANAGER | 12.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| ROSA ARREAGA-NEGRON -EFF 321 | |||||||
| FUND MANAGER | 12.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MAGNACARE ADMINISTRATIVE SERVICES LLC | |||||
| 1600 STEWART AVE | WESTBURY | NY | 11590 | HEALTHCARE PROVIDER | $1,257,408 |
| EXPRESS SCRIPTS INC | |||||
| 100 PARSONS POND DR | FRANKLIN LAKES | NJ | 07417 | HEALTHCARE PROVIDER | $160,449 |
| BANK OF NEW YORK MELLON | |||||
| BNY MELLON CENTER RM 151-1015 | PITTSBURGH | PA | 15230 | INVESTMENT CUSTODIAN | $110,255 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 238210 | $41,524,537 | $41,524,537 |
| PARTICIPANT CONTRIBUTIONS | 238210 | $3,280,492 | $3,280,492 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $44,805,029 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,117,816 | TotalRevenueColumnAmt |
| Exclusion | $1,117,816 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,346,985 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $42,287,515 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,059,470 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,059,470 | TotalRevenueColumnAmt |
| Exclusion | $1,059,470 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,982,315 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $44,805,029 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,177,286 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,222,747 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,203 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,100 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,106 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,550 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,712 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,400 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,508 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,805 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,616,131 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,408,654 | BOYAmt |
| EOY | $2,640,626 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,720,221 | BOYAmt |
| EOY | $6,217,229 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,937,701 | BOYAmt |
| EOY | $59,426,541 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,463,712 | BOYAmt |
| EOY | $9,077,019 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $50,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,580,288 | BOYAmt |
| EOY | $77,411,415 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,234 | BOYAmt |
| EOY | $881,454 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,208,825 | BOYAmt |
| EOY | $3,370,800 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,412,059 | BOYAmt |
| EOY | $4,252,254 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,168,229 | BOYAmt |
| EOY | $73,159,161 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,168,229 | BOYAmt |
| EOY | $73,159,161 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,580,288 | BOYAmt |
| EOY | $77,411,415 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,366,184 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$375,252 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMON COLLECTIVE TRUST | $8,333,345 | F |
| CORP DEBT OBLIG - 144A | $743,674 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,077,019 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BENE OBLIGATIONS CURRENTLY PAYABLE | Desc |
| Amt | $3,370,800 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,370,800 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $46,432,957 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$375,252 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$375,252 | RevenueNotReportedAmt |
| Revenue Subtotal | $46,808,209 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $174,106 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $174,106 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $46,982,315 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $44,045,525 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $44,045,525 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $174,106 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$1,603,500 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$1,429,394 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,616,131 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART XII, LINE 4B - OTHER ADJUSTMENTS: | FormAndLineReferenceDesc |
| Explanation | CHANGE IN BENEFIT OBLIGATION CURRENTLY PAYABLE -1,603,500. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL HEINZEL - THRU 121 | ||||||||||||
| FUND MANAGER | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| ROSA ARREAGA-NEGRON -EFF 321 | ||||||||||||
| FUND MANAGER | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J SUPPLEMENTAL | FormAndLineReferenceDesc |
| Explanation | PAUL HEINZEL RECEIVED COMPENSATION AND BENEFITS PAID BY THE ELECTRICAL INDUSTRY BOARD OF NASSAU AND SUFFOLK COUNTIES NEW YORK (UNRELATED ORGANIZATION) IN HIS CAPACITY AS FUND MANAGER OF THE FILING ORGANIZATION THROUGH JANUARY 31, 2021 WITH REIMBURSEMENTS MADE ACCORDINGLY. EFFECTIVE MARCH 1, 2021, ROSA ARREAGA-NEGRON WAS HIRED AS FUND MANAGER AND RECEIVED COMPENSATION AND BENEFITS UNDER THE SAME ARRANGEMENT. THE FILING ORGANIZATION REIMBURSES 39.7% OF COMPENSATION AND BENEFITS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED IN COORDINATION WITH THE FUND MANAGER WHO WORKS FULL TIME FOR THE ORGANIZATION. ONCE COMPLETED THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY DICTATES THAT ANY CONFLICT MUST BE DISCLOSED IMMEDIATELY, THEREFORE, THE POLICY IS REGULARLY MONITORED BY EACH MEMBER OF THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| IBEW LOCAL 25 VACATION AND HOLIDAY | ||||||||||
| 372 VANDERBILT MOTOR PARKWAY | HAUPPAUGE | NY | 117885133 | 111730718 | PROVIDE VACATION AND HOLIDAY BENEFITS TO ELIG PARTICIPANTS | NY | 501C(9) | N/A | N/A | 0 |
| IBEW LOCAL UNION 25 | ||||||||||
| 370 MOTOR PARKWAY | HAUPPAUGE | NY | 11788 | 110907965 | LABOR ORGANIZATION | NY | 501(C)(5) | N/A | N/A | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE R SUPPLEMENTAL INFORMATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 2021 FORM 990, SCHEDULE R ATTACHMENT, RELATED ORGANIZATIONS | PART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST BANA ELECTRIC CORP. GORDON L. SEAMAN, INC. E-J ELECTRIC A.S.R. ELECTRICAL L.E.B. ELECTRIC LTD. ROLAND'S ELECTRIC, INC HAUGLAND ENERGY GROUP LLC HINCK ELECTRIC B & G ELECTRICAL CONTRACTORS OF NY COMMANDER ELECTRIC SUNRISE ELECTRICAL SERVICES LLC ELDOR CONTRACTING DI FAZIO POWER & ELECTRIC, LLC PALACE ELECTRICAL CONT VINCON ELECTRIC CO., INC WELSBACH ELECTRIC S.U.N.Y. AT STONY BROOK B & R MECHANICAL, INC. JVR ELECTRIC INC. CRK CONTRACTING COOPER POWER & LIGHTING NORTHGATE ELECTRIC CORP CARDINAL CONTROL SYS KND LICENSED ELEC. THREE BROTHERS ELECTRIC CERTIFIED MULTI MEDIA SOLUTIONS LTD ELEMCO SERVICES, INC. MDE CONTRACTING CORP CORPORATE ELECTRICAL TECHNOLOGY IDL COMMUNICATIONS & ELECTRIC INC LB ELECTRIC COMPANY LLC BALTRAY ENT NATIONAL SOUND INDUST ELECNOR HAWKEYE, LLC I.T.P., LLC LPC INC. VSC ELECTRIC INC. DEER PARK ELECTRIC, INC. ALL SERVICE ELECTRIC ARTEL ELECTRICAL CONTRACTORS GEORGE ROPPELT ELECTRICAL AMERICAN ELECTRICAL TESTING PINTO & TEGER ELECTRIC JOHNSON ELECTRIC CONS MATHEW D. BORCINA NUSTAR ELECTRIC JOHNPAUL ELECTRIC INC. MEGA ELECTRICAL SOL SOURCE ENERGY CORP NEW YORK TRENCHLESS, INC. WEST BABYLON ELECTRIC CALTECH ELECTRICAL INC. COMMERCIAL INSTRUMENTATION SERVICES COM-BELL SYSTEMS T.R. RICOTTA ELECT HICKEY ELECTRIC CO. PARAGON ELECTRIC CORP. CDJ ELECTRIC INC NEW YORK RACING ASSOC A & F ELECTRICAL TESTING CARDINALE INDUSTRIES INC BRINKMANN ELECTRIC RICH BRZESKI ELECTRIC INC. ALL-NU ELECTRICAL ISLAND PUMP AND TANK UNITY ELECTRIC CO. INC. WIRE TO WATER, INC. POLARIS ELECTRICAL CONSTRUCTION CHARLES J HOYLER INC. ESSIG ELECTRICAL SERVICES NORTH SHORE NEON SIGN J.P. DALY & SONS INC NATIONAL MAINTENANCE BENSIN CONTRACTING, INC. DELCON SYSTEMS BEL-AIR ELECTRIC CONSTRUCTION, INC. GLOBAL NETWORK SOLUTIONS AVENTURA ENVIRONMENTAL CORP. J&L ELECTRICAL & COMMUNICATION LAKE GROVE ELECTRIC MURPHY ELECTRIC & INDUSTRIAL CONTR GOTHAM ELECTRIC INC AEG MANAGEMENT NASSAU, LLC HYLAN DATACOM & ELECTRIC SOUTH SHORE ELECTRIC T&J ELECTRICAL ASSOCIATES LLC FM ELECTRIC INC. EMPIRE SYSTEMS & DESIGN LLC MAXGEN ENERGY SERVICES CORPORATION RAPID TELECOM RB ELECTRIC & SON S. J. ELECTRIC,INC. SIGN ACQUISITION LLC DISCOVER ELECTRIC ULTIMATE SIGNS & DESIGNS CONTROL SPEC SYSTEMS RADDCOMM GROUP CORP E.E.C.O. ELECTRIC GOING SIGN & SERVICING CO INC PRYSMIAN CONTRUCTION SERVICES INC STRIANO ELECTRIC CO., INC. BMW COMMUNICATIONS INC. GML ELECTRIC INC L.I. CRAFTSMANSHIP INC. HELLMAN ELECTRIC LLC NELLO ELECTRIC HUGH O'KANE ELECTRIC CO. ZELKA ELECTRIC INC K. SCHRAGE & SON, INC. PATRIOT DATA & ELECTRIC,INC. ICON IDENTITY SOLUTIONS NEWBRIDGE DATACOM INC LEXX COMMUNICATIONS INC. T.J. SIGNS, INC. FRESH MEADOW ELECTRICAL CONT LLC KC NILSEN ELECTRICAL CAPITOL ELECTRIC VALIANT POWER GROUP KDC ELECTRIC LLC JOE THE ELECTRICIAN SMART HOME ENERGY SOURCE LLC STRATUS UNLIMITED LLC |
| SCHEDULE R, PART II AND IV: | CERTAIN TRUSTEES LISTED ON FORM 990 PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION OR RELATED ORGANIZATIONS IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZATION. CERTAIN TRUSTEES LISTED ON FORM 990 PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION BUT DO RECEIVE COMPENSATION FROM I.B.E.W. LOCAL 25 (THE UNION") IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF THE UNION. THEIR COMPENSATION IS REPORTED ON THE FORM 990 OF THE UNION. |