2022-11-15T10:15:11-06:00 2021-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2021-01-01 136132502 IBEW - 363 WELFARE FUND IBEW 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 PAMELA BROWN PLAN ADMINISTRATOR 8457833500 2022-11-15 1 PAMELA BROWN 999009999 JON S GAGLIARDI CPA P00528721 9082727000 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PAMELA BROWN 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 45834347 0 X WWW.IBEWLU363.ORG X 1956 NY TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS 12 7 20 0 0 0 0 0 21990411 25599668 1788472 1840624 625010 585678 24403893 28025970 0 0 21033484 25366304 813632 795104 0 0 0 605134 651336 22452250 26812744 1951643 1213226 47751842 52283639 7245714 9313275 40506128 42970364 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 20 1 0 0 0 0 0 0 0 0 0 0 X 12 7 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 231612 55983 GIL HEIM UNION TRUSTEE 1.00 39.00 X 0 153490 55983 STEVE NEUGEBAUER UNION TRUSTEE 1.00 39.00 X 0 150029 55983 JOHN DICKSON UNION TRUSTEE 1.00 39.00 X 0 149330 55983 JOHN A MARAIA UNION TRUSTEE 1.00 39.00 X 0 150029 55983 JAMES MATICH UNION TRUSTEE 1.00 X 0 0 0 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 PAMELA BROWN PLAN ADMINISTRATOR 12.00 28.00 X 149330 0 55983 149330 834490 335898 1 0 1 0 AETNA 151 FARMINGTON AVENUE HARTFORD CT 06156 CLAIMS PROCESSING 182056 MALONEY ASSOCIATES INC 371 MERRICK ROAD ROCKVILLE CENTRE NY 11570 CLAIMS PROCESSING 120133 2 EMPLOYERS' CONTRIBUTIONS 900099 23087103 23087103 EMPLOYEES' CONTRIBUTIONS 900099 1881197 1881197 RETIREE DRUG SUBSIDY 900099 631368 631368 25599668 569945 569945 19079056 17808377 1270679 1270679 1270679 REIMBURSED BY AFFILIATES 900099 585417 585417 MISCELLANEOUS INCOME 900099 261 261 585678 28025970 26185346 0 1840624 25366304 149330 331321 105518 166381 42554 7606 27600 147085 353162 43824 25606 18066 100 22484 AFFORDABLE CARE ACT FEE 5803 26812744 12775667 13965355 649334 683025 3432963 3746174 73005 62505 0 10500 30792566 33739980 101312 138605 47751842 52283639 18136 12982 7227578 9300293 7245714 9313275 X 0 0 0 0 40506128 42970364 40506128 42970364 47751842 52283639 1213226 1251010 0 X X 0 1 X 1 0 73005 62505 10500 10500 MEMBERS' VACATION PAYABLE 8936014 CONTRACTORS' SECURITY DEPOSITS 179867 DUE TO RELATED FUNDS 41487 RECIPROCALS PAYABLE 142925 9300293 X 28544478 1251010 1251010 27293468 147085 585417 732502 28025970 26080242 -585417 -585417 26665659 147085 147085 26812744 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 31,2021, 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 585,417. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS -585,417. X 0 0 0 SAMUEL FRATTO UNION TRUSTEE 0 231612 0 0 0 0 0 34065 0 21918 0 287595 0 0 GIL HEIM UNION TRUSTEE 0 153490 0 0 0 0 0 34065 0 21918 0 209473 0 0 STEVE NEUGEBAUER UNION TRUSTEE 0 150029 0 0 0 0 0 34065 0 21918 0 206012 0 0 JOHN A MARAIA UNION TRUSTEE 0 150029 0 0 0 0 0 34065 0 21918 0 206012 0 0 JOHN DICKSON UNION TRUSTEE 0 149330 0 0 0 0 0 34065 0 21918 0 205313 0 0 PAMELA BROWN PLAN ADMINISTRATOR 149330 0 0 0 0 0 34065 0 21918 0 205313 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 18066 USAGE OF BUILDING IBEW #363 MONEY PURCHASE PENSION FUND Q 160424 TIME ANALYSIS IBEW #363 GENERAL FUND Q 112950 TIME ANALYSIS IBEW #363 APPRENTICE FUND Q 103692 TIME ANALYSIS IBEW #363 LMCC FUND Q 31050 TIME ANALYSIS IBEW #363 PENSION FUND Q 126345 TIME ANALYSIS IBEW #363 SUB FUND Q 69617 TIME ANALYSIS IBEW #363 GENERAL FUND P 112950 TIME ANALYSIS/USAGE OF EXPENSES