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ELECTRICAL WORKERS HEALTH AND WELFARE FUND LOCAL 103 IBEW: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ELECTRICAL WORKERS HEALTH AND WELFARE FUND LOCAL 103 IBEW (EIN 04-6063733)
Tax period
2023-12-01 to 2024-11-30
Filed
2025-06-30
IRS object ID
202541819349301454
Schema version
2023v6.0
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)
Return2025-06-30T15:07:40-05:00ReturnTs
Tax Period End2024-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043508036PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MANZI & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1855 TURNPIKE STREETAddressLine1Txt
CityNORTH ANDOVERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01845ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN046063733EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HEALTH AND WELFARE TRUST FUNDBusinessNameLine1Txt
Business Name Line2LOCAL 103 IBEWBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHEALBusinessNameControlTxt
Phone6172885999PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1256 FREEPORT STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02122ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL P DONOVANPersonNm
Person TitleFUND ADMINISTRATORPersonTitleTxt
Phone6172885999PhoneNum
Signature2025-06-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEANNIE MICKELPreparerPersonNm
PTINP01058630PTIN
Phone9789751099PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL P DONOVANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1256 FREEPORT STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02122ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$346,334,657GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TRUSTFUNDS103.COMWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1953FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE HEALTH BENEFIT PLAN PROVIDES FOR ACCIDENT, HOSPITAL, MEDICAL, PHARMACEUTICAL, SURGICAL, DENTAL,VISION, DISABILITY, FERTILITY, PARENTAL LEAVE, AND DEATH BENEFITS FOR ELIGIBLE MEMBERS AND THEIR FAMILIES, AS SPECIFIED IN THE PLAN.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee23TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$145,133,299PYProgramServiceRevenueAmt
CY Program Service Revenue$136,908,207CYProgramServiceRevenueAmt
PY Investment Income$7,896,136PYInvestmentIncomeAmt
CY Investment Income$23,176,522CYInvestmentIncomeAmt
PY Other Revenue$1,626,000PYOtherRevenueAmt
CY Other Revenue$1,993,000CYOtherRevenueAmt
PY Total Revenue$154,655,435PYTotalRevenueAmt
CY Total Revenue$162,077,729CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$153,149,191PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$162,841,038CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,677,310PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,847,615CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,688,690PYOtherExpensesAmt
CY Other Expenses$2,860,940CYOtherExpensesAmt
PY Total Expenses$158,515,191PYTotalExpensesAmt
CY Total Expenses$168,549,593CYTotalExpensesAmt
PY Revenues Less Expenses-$3,859,756PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,471,864CYRevenuesLessExpensesAmt
Total Assets BOY$468,434,698TotalAssetsBOYAmt
Total Assets EOY$500,306,674TotalAssetsEOYAmt
Total Liabilities BOY$25,181,941TotalLiabilitiesBOYAmt
Total Liabilities EOY$38,921,463TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$443,252,757NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$461,385,211NetAssetsOrFundBalancesEOYAmt
MissionTHE HEALTH BENEFIT PLAN PROVIDES FOR ACCIDENT, HOSPITAL, MEDICAL, PHARMACEUTICAL, SURGICAL, DENTAL,VISION, DISABILITY, FERTILITY, PARENTAL LEAVE, AND DEATH BENEFITS FOR ELIGIBLE MEMBERS AND THEIR FAMILIES, AS SPECIFIED IN THE PLAN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE HEALTH BENEFIT PLAN PROVIDES FOR ACCIDENT, HOSPITAL, MEDICAL, PHARMACEUTICAL, SURGICAL, DENTAL,VISION, DISABILITY, FERTILITY, PARENTAL LEAVE, AND DEATH BENEFITS FOR ELIGIBLE MEMBERS AND THEIR FAMILIES, AS SPECIFIED IN THE PLAN.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 Document191IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee23EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
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 Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMICHAEL P DONOVANPersonNm
Phone6172885999PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1256 FREEPORT STREET 2ND FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02122ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
LOUIS J ANTONELLIS
TRUSTEE1.00Yes (X)$0$0$0
RICHARD ANTONELLIS JR
TRUSTEE1.00Yes (X)$0$0$0
ROBERT S SHEEHAN JR
TRUSTEE1.00Yes (X)$0$0$0
RENEELEONA DOZIER
TRUSTEE1.00Yes (X)$0$0$0
WILLIAM E WEBER JR
TRUSTEE1.00Yes (X)$0$0$0
KRISTEN E GOWIN
TRUSTEE1.00Yes (X)$0$0$0
KATHLEEN E GUINEE
TRUSTEE1.00Yes (X)$0$0$0
JOHN MCLAUGHLIN
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL P DONOVAN
FUND ADMINISTRATOR29.00$289,422$0$72,77626.00Yes (X)
JOSHUA H WOOD
CONTROLLER13.00$154,990$0$59,84327.00Yes (X)
LAUREN E BRONSKE
REMIT./ELIG. SUPERVISOR22.00$109,784$0$59,28018.00Yes (X)
VERONICA MULKERN
H & W SUPERVISOR39.00$110,237$0$59,2861.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$664,433TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$251,185TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
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
BLUE CROSS BLUE SHIELD
401 PARK DRIVEBOSTONMA02215HEALTH CLAIMS ADMINISTRATION$3,053,478
ASMED HEALTH LLC
1800 SE 3RD AVEFORT LAUDERDALEFL33316HEALTH CARE CONSULTANTS$982,990
DELTA DENTAL
46 MEDFORD STREETBOSTONMA02129HEALTH CARE ADMINISTRATION$414,053
LOOMIS SAYLES
ONE FINANCIAL CENTERBOSTONMA02111INVESTMENT MANAGEMENT$375,710
MODERN ASSISTANCE
1458 HANCOCK STREETQUINCYMA02169HEALTH CARE ADMINISTRATION$352,759
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K11CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS$131,873,645$131,873,645
PARTICIPANT SELF-PAYMENTS$5,034,562$5,034,562
FieldValueIRS element (for citing)
Total Program Service Revenue$136,908,207TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,843,428TotalRevenueColumnAmt
Exclusion$12,843,428ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$194,590,022SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$184,256,928SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$10,333,094SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,333,094TotalRevenueColumnAmt
Related Or Exempt Func Income$10,333,094RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADMIN EXPENSE REIMBURSEMENTSDesc
Total Revenue Column$1,993,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,993,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,993,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$162,077,729TotalRevenueColumnAmt
Related Or Exempt Func Income$149,234,301RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$12,843,428ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$162,841,038TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$314,797TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,435,285TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$370,942TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$586,133TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$140,458TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$183,921TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$43,775TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$889,109TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$236,800TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$152,283TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$321,895TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$43,996TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$54,980TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$101,443TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
REPAIRS & MAINTENANCE$442,620
POSTAGE$198,108
PRINTING$53,190
EQUIPMENT LEASES$52,424

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$86,396TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$168,549,593TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$17,396,873BOYAmt
EOY$39,443,920EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$16,789,587BOYAmt
EOY$9,651,263EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,450,717BOYAmt
EOY$10,262,636EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$94,659BOYAmt
EOY$290,100EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,547,183LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$841,008LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$761,156BOYAmt
EOY$706,175EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$272,157,580BOYAmt
EOY$302,794,347EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$142,455,906BOYAmt
EOY$133,123,549EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,328,220BOYAmt
EOY$4,034,684EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$468,434,698BOYAmt
EOY$500,306,674EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$192,815BOYAmt
EOY$167,227EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,989,126BOYAmt
EOY$38,754,236EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,181,941BOYAmt
EOY$38,921,463EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$443,252,757BOYAmt
EOY$461,385,211EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$443,252,757BOYAmt
EOY$461,385,211EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$468,434,698BOYAmt
EOY$500,306,674EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$6,471,864ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$24,604,318NetUnrlzdGainsLossesInvstAmt
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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$880,150OtherCostOrOtherBasisAmt
Depreciation$270,415DepreciationAmt
Book Value$609,735BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$605,494OtherCostOrOtherBasisAmt
Depreciation$521,361DepreciationAmt
Book Value$84,133BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$61,539OtherCostOrOtherBasisAmt
Depreciation$49,232DepreciationAmt
Book Value$12,307BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$706,175TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
BGO DIVERSIFIED US PROPERTY FUND LP-CLASS B$38,206,032F
UNION LABOR RUSSELL 3000 INDEX SL CTF$94,917,517F
FieldValueIRS element (for citing)
Total Book Value Securities$133,123,549TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
DUE TO INVESTMENT ACQUISITIONS$464,520
CONTRACTOR DEPOSITS$330,524
DUE TO RELATED PARTIES$22,496,835
BENEFITS CLAIMS PAYABLE$15,297,691
RIGHT-OF-USE FINANCE LEASE LIABILITY$113,168
RIGHT-OF-USE OPERATING LEASE LIABILITY$51,498
FieldValueIRS element (for citing)
Total Liability$38,754,236TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$185,792,938TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$24,604,318NetUnrealizedGainsInvstAmt
Revenue Not Reported$24,604,318RevenueNotReportedAmt
Revenue Subtotal$161,188,620RevenueSubtotalAmt
Investment Expenses Not Incld$889,109InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$889,109RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$162,077,729TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$170,652,549TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$170,652,549ExpensesSubtotalAmt
Investment Expenses Not Incld2$889,109InvestmentExpensesNotIncld2Amt
Other Expenses Not Included-$2,992,065OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$2,102,956ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$168,549,593TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE DEPARTMENT OF LABOR AND INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF NOVEMBER 30, 2024, 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.
PART XII, LINE 4B - OTHER ADJUSTMENTS:NET CHANGE IN BENEFITS PAYABLE -2,992,065.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
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 (4 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
MICHAEL P DONOVAN
FUND ADMINISTRATOR$289,422$0$0$0$0$0$50,312$0$22,464$0$362,198$0$0$0
JOSHUA H WOOD
CONTROLLER$154,990$0$0$0$0$0$37,379$0$22,464$0$214,833$0$0$0
VERONICA MULKERN
H & W SUPERVISOR$110,237$0$0$0$0$0$36,822$0$22,464$0$169,523$0$0$0
LAUREN E BRONSKE
REMIT./ELIG. SUPERVISOR$109,784$0$0$0$0$0$36,816$0$22,464$0$169,064$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA DRAFT VERSION OF THE FORM 990 IS REVIEWED BY THE FUND ADMINISTRATOR, WHO THEN APPROVES THE FINAL COPY FOR FILING. THE BOARD OF TRUSTEES PROVIDES THE FUND ADMINISTRATOR WITH AUTHORIZATION TO APPROVE THE FINAL COPY ON ITS BEHALF.
FORM 990, PART VI, SECTION B, LINE 12THE ORGANIZATION FOLLOWS A CONFLICT OF INTEREST POLICY IN ACCORDANCE WITH ERISA
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE ORGANIZATION'S OFFICERS IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS DID NOT CHANGE FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdControlled OrganizationControlledOrganizationIndExempt Code SectionExemptCodeSectionTxt
ELECTRICAL WORKERS PENSION PLAN LOCAL 103 IBEW
256 FREEPORT STREETBOSTONMA02122046063734BENEFIT PLANMA0
ELECTRICAL WORKERS DEFERRED INCOME FUND LOCAL 103 IBEW
256 FREEPORT STREETBOSTONMA02122042471895BENEFIT PLANMA0
ELECTRICAL INDUSTRY LABOR MANAGEMENT COOPERATION TRUST
256 FREEPORT STREETBOSTONMA02122043398237LABOR ORGANIZATIONMA0501(C)(5)
LOCAL 103 IBEW GENERAL FUND
256 FREEPORT STREETBOSTONMA02122041472080LABOR UNIONMA0501(C)(5)
JOINT APPRENTICESHIP AND TRAINING TRUST FUND LOCAL 103 IBEW
256 FREEPORT STREETBOSTONMA02122510201858TRAINING FUNDMA0501(C)(3)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (191 entries)

Legal Domicile StateLegalDomicileStateCd
ALL-RON
MA
D REED ELECTRIC
MA
EASTMAN CORP DBA HOMELIGHT BOSTON
MA
ARDEN ENGINEERING CONSTRUCTORS
RI
KB-MAC INC
MA
EH ELECTRIC & HVAC LLC
MA
ULTRA AV LLC
NH
AI SOLUTIONS INC
PA
AMERICAN ELEC TESTING COMPANY
MA
TIMOTHY BURGESS ELECTRICAL LLC
MA
ROPER ELECTRICAL CORPORATION
MA
NEWKIRK ELECTRIC ASSOCIATES INC
MI
E W AUDET & SONS INC
RI
ATLANTIC POWER & LIGHT CO
MA
ASPIRE ELECTRIC
MA
KELSO BURNETT CO
IL
AVERILL ELECTRIC
MA
BACK UP SYSTEMS
MA
BAY STATE LIGHTNING PROTECTION CO
MA
SOLUTIONS ELECTRIC INC
MA
MCLEAN TELECOM LLC
MA
LOW VOLTAGE SYSTEMS DISTRIBUTORS INC
MA
ANNESE ELECTRICAL SERVICES INC
MA
BENNETT ELECTRICAL INC
MA
ATLAS ELECTRICAL CONSTRUCTION CO
MA
BENT ELECTRICAL
MA
REVOLUTION ELECTRICAL
MA
BLACK BOX NETWORK SERVICES
PA
1 TEST CORP
MA
GLASS ELECTRIC COMPANY LLC
MA
STEWART ELECTRICAL CONTRACTING INC
MA
APPELLATION CONSTRUCTION SERVICES LLC
PA
T & J ELECTRICAL ASSOCIATES
NY
BD BOSTON ELECTRICAL LLC
MA
ALLIANCE HOLDINGS GFD INC DBA SMART GRE
RI
BOSTON HOUSING AUTHORITY
MA
BOSTON LIGHT ELECTRICAL CONTR
MA
BOSTON LIGHTNING ROD COMPANY
MA
BOWEN ELECTRIC
MA
BOSTONIAN ELECTRIC & CONTROL SOLUTIONS
MA
BRAVA ELECTRIC
MA
BROTHERS ELECTRICAL CO LLC
MA
J & M BROWN COMPANY
MA
BREITER PLANET CONSTRUCTION
MA
AMERICAN ELECTRICAL SYSTEMS INC
MA
CABLENET SYSTEMS INC
MA
CW ELECTRICAL CONTRACTORS
MA
CDS CONTRACTING
MA
CHAPMAN CONSTRUCTION GROUP
MA
COASTAL ELECTRIC INC
MA
COLLINS ELECTRIC COMPANY INC
MA
COMM-TRACT
MA
COMMUNICATION TECHNOLOGY SERV
MA
COVIELLO ELECTRIC & GEN CONTR
MA
W S ANDERSON INC
MA
JMES ELECTRIC
MA
DAGLE ELECTRICAL CONSTRUCTION
MA
CRUZ ELECTRIC INC
MA
DENNIS F OBRIEN COMMUNICATION
MA
DIAMOND TECHNOLOGIES ASSOC
MA
MATRIX NAC INC
OK
ELECTRICAL CONTRACTOR ASSOC
MA
ES BOULOS CO
ME
EPS TECHNOLOGY INC
CT
ESTEVAM ELECTRIC LLC
MA
EVERMORE LIGHT & POWER INC
MA
SEAPORT ENERGY
MA
FALL RIVER ELECTRICAL ASSOC
MA
FAHEY ELECTRICAL
MA
FIBER OPTIC SPLICING & TESTING
MA
FIREWIRE COMMUNICATION LLC
CT
FISCHBACH & MOORE ELECTRIC
MA
FISHER & GEORGE ELECTRICAL
MA
G A DONOVAN CONSULTING CORP
MA
GASTON ELECTRIC COMPANY INC
MA
GLOBAL NETWORK TECHNOLOGIES
MA
GONE GREEN
MA
GREENWORKS ENERGY INC
MA
HIGHRISE CONSOLIDATED SERVICES LLC
MA
HALLMARK ELECTRICAL SYSTEMS
MA
HIGH VOLTAGE MAINTENANCE CORP
OH
HIGHGATE ELECTRIC
MA
LANTERN LIGHT & ELECTINC
MA
HOMELAND POWER UTILITY LLC
MA
I POWER BOSTON INC
MA
IANNICIELLO ELECTRIC INC
MA
IKE ELECTRIC INC
MA
INFRA-RED BUILDING & POWER SER
MA
INFOWIRES CONTRACTING LLC
MA
INTEGRA NETWORK SERVICES LLC
MA
INTEGRATED ELEC SYSTEMSINC
MA
J M ELECTRICAL COMPANY INC
MA
JAG COMMUNICATION
NH
JASCO ELECTRIC
MA
RYCH CONNECTION INC
MA
K & H ELECTRICAL SYSTEMS INC
MA
K & M ELECTRIC CO LLC
MA
KM KELLY INC
MA
LARKIN ENTERPRISES INC
ME
LAN-TEL COMMUNICATION
MA
LEONARD MORSE HOSPITAL
MA
LIDCO ELECTRICAL CONTRACTORS
MA
LIGHTHOUSE ELECTRIC INC
MA
RTD ASSOCIATES LLC
MA
ENERGEN POWER GROUP
MA
SYNTEGRA MECHANICAL LLC
MA
LOWELL HOUSING AUTHORITY
MA
LYNNWELL ASSOCIATES INC
MA
MAIURI ELECTRICAL SERVICES LLC
MA
H&A ELECTRICAL SOLUTIONS
NH
TOP SHELF ELECTRICAL CORPORATION
MA
MASS BAY ELECTRICAL CORP
MA
MASS BAY TRANSPORTATION
MA
MASS SIGNAL SERVICE LLC
MA
MASS ELECTRIC CONSTRUCTION COMPANY
NE
P C ELECTRIC
MA
MCDONALD ELEC CORP
MA
MCPHEE ELECTRIC LTD
CT
MCWADE ASSOCIATES INC
MA
MEALEY ELECTRIC
MA
MEGCO
MA
MENTOR TECHNICAL GROUP
PR
M L SCHMITT INC
MA
MGM ELECTRIC COMPANY INC
MA
MOULISON ELECTRIC INC
ME
YOUR ELECTRICAL SOLUTION
MA
LJ MISHEL ELECTRICAL CONTR
MA
MOLLON ELECTRICAL COINC
MA
MICHELS POWER INC
WI
MONTROND ELECTRIC INC
MA
A COMER ELECTRICAL SERVICES INC
MA
A & S ELECTRICAL LLC
MA
A MURPHY INC
MA
MURPHY ELECTRIC & INDUSTRIAL CONTROL
MA
JRB ELECTRIC
MA
DELAWARE NORTH COMPANIES INC
MA
NEW ERA TECHNOLOGY NE
NY
NEW ENGLAND ELECTRIC GROUP INC
NH
NEW ENGLAND SOUNDVISION LLC
NH
NORWEY ELECTRICAL CONSTRUCTION
MA
NU-COURT ELECTRICAL CONSTRUCTN
MA
O'CONNELL ELECTRIC COMPANY INC
NY
O'MAHONY & SONS ELEC INC
MA
O'MAHONY ELECTRICAL SERVICES
MA
PAZOLT ELECTRIC
NH
OSTROW ELECTRIC COMPANY
MA
OUTKAST ELECTRICAL CONTRACTORS INC
MA
PA ELECTRICAL SYSTEMS INC
MA
CURTIN ELECTRICAL CONTR INC
MA
PATRIOT LIGHT & POWER LLC
MA
JOHN A PENNEY COMPANY INC
MA
PERFORMANCE ELECTRICAL CONTR
MA
PINE RIDGE TECHNOLOGIES
MA
EOL ELECTRIC INC
MA
RICHARD W REID ELEC COMPANY
MA
RICHARDSON ELECT'L CO INC
NH
RICKTEL COMMUNICATIONS INC
MA
RIORDAN BROTHERS AUDIO VIDEO
MA
SANIBEL ELECTRICAL CORPORATION
MA
RICHARD T LOSORDO SERV INC
MA
SANTERRE ELECTRICAL SERVICES INC
MA
EDWARD G SAWYER C0
MA
EDWARD G SAWYERLCN
MA
SINGH ELECTRICAL LLC
MA
SONET ELECTRICAL SYSTEMS LLC
MA
SPARKS COMPANY INC
MA
STALKER ELECTRIC CONTROLS INC
MA
STATE ELECTRIC CORP
MA
STATELINE POWER & SAFETY SYS
NH
SULLIVAN & MCLAUGHLIN ELEC
MA
T & J ELECTRIC CORPORATION
MA
SYNET INC
RI
T & T ELECTRICAL CONTR INC
MA
TECH ELECTRIC CORP
MA
TECWITS NETWORK CONSTRUCTION GROUP INC
MA
THE GLOBE NEWSPAPER COMPANY
MA
DAVID C ROBINSON ELECTRIC
MA
UNIVERSAL AUTOMATION & MECH
MA
UNITED POWER GROUP INC
MA
WATERMARK ELECTRIC
MA
J F WHITE CONTRACTING INC
MA
WHITESKANSKACONSIGLI JV
MA
WHITE-SKANSKA KOCH JV
MA
WHYTE ELECTRIC LLC
MA
WILLIAM ROBERTS ELECTRIC CO INC
MA
UNITED BETTER HOMES
RI
BP ELECOMM LLC
MA
ADVANCED INFORMATION TECHNOLOGIES INC
MA
AETNA FIRE ALARM SERVICE CO
MA
ALDON ELECTRIC INC
MA
ALL-PRO ELECTRIC LLC
MA
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 OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
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