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ELECTRICAL WORKERS HEALTH AND WELFARE FUND LOCAL 103 IBEW: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ELECTRICAL WORKERS HEALTH AND WELFARE FUND LOCAL 103 IBEW (EIN 04-6063733)
Tax period
2018-12-01 to 2019-11-30
Filed
2020-08-05
IRS object ID
202002189349301015
Schema version
2018v3.2
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

FieldValueIRS element (for citing)
Return2020-08-05T11:04:26-05:00ReturnTs
Tax Period End2019-11-30TaxPeriodEndDt

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 Begin2018-12-01TaxPeriodBeginDt

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
Signature2020-07-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEANNIE MICKELPreparerPersonNm
PTINP01058630PTIN
Phone9789751099PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address173.162.188.213IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-08-05IPDt
IP Tm12:03:03IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7ADBD96C547CBE419AC9B87DCFC7EE63ECE44F7BAtSubmissionCreationDeviceId
At Submission Filing Device Id57CAB1478FA21B4BB6BCA0ED5F2D8E49AC86AE59AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

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$436,189,696GrossReceiptsAmt
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, DISABILITY, AND DEATH BENEFITS FOR ELIGIBLE MEMBERS AND THEIR FAMILIES, AS SPECIFIED IN THE PLAN.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$141,409,038PYProgramServiceRevenueAmt
CY Program Service Revenue$150,368,555CYProgramServiceRevenueAmt
PY Investment Income$3,838,360PYInvestmentIncomeAmt
CY Investment Income$12,380,987CYInvestmentIncomeAmt
PY Other Revenue$1,998,000PYOtherRevenueAmt
CY Other Revenue$1,824,000CYOtherRevenueAmt
PY Total Revenue$147,245,398PYTotalRevenueAmt
CY Total Revenue$164,573,542CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$106,769,129PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$121,109,596CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,483,508PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,186,379CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,455,322PYOtherExpensesAmt
CY Other Expenses$2,576,988CYOtherExpensesAmt
PY Total Expenses$111,707,959PYTotalExpensesAmt
CY Total Expenses$125,872,963CYTotalExpensesAmt
PY Revenues Less Expenses$35,537,439PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$38,700,579CYRevenuesLessExpensesAmt
Total Assets BOY$360,392,432TotalAssetsBOYAmt
Total Assets EOY$420,279,849TotalAssetsEOYAmt
Total Liabilities BOY$17,719,466TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,480,570TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$342,672,966NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$399,799,279NetAssetsOrFundBalancesEOYAmt
MissionTHE HEALTH BENEFIT PLAN PROVIDES FOR ACCIDENT, HOSPITAL, MEDICAL, PHARMACEUTICAL, SURGICAL, DENTAL, DISABILITY, 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, DISABILITY, 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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 MemYes (1)BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document162IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee25EmployeeCnt
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
LOU ANTONELLIS
TRUSTEE1.00Yes (X)$0$0$0
GLENN KINGSBURY
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL MCDONALD
TRUSTEE1.00Yes (X)$0$0$0
ROBERT SHEEHAN JR
TRUSTEE1.00Yes (X)$0$0$0
RICHARD ANTONELLIS
TRUSTEE1.00Yes (X)$0$0$0
ALAN SCHARFE
TRUSTEE1.00Yes (X)$0$0$0
MICHAEL DONOVAN
FUND ADMINISTRATOR22.00$77,502$116,253$63,07133.00Yes (X)
JOSHUA WOOD
ACCOUNTING MANAGER9.80$27,420$84,498$54,43530.20Yes (X)
RICHARD GAMBINO
FUND ADMINISTRATOR24.75$62,968$76,961$47,51430.25Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$167,890TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$277,712TotReportableCompRltdOrgAmt
Total Other Compensation$165,020TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
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$2,474,245
DELTA DENTAL
46 MEDFORD STREETBOSTONMA02129HEALTH CARE ADMINISTRATION$330,444
MODERN ASSISTANCE
1458 HANCOCK STREETQUINCYMA02169HEALTH CARE ADMINISTRATION$262,862
LOOMIS SAYLES
ONE FINANCIAL CENTERBOSTONMA02111INVESTMENT MANAGEMENT$256,205
ZENITH AMERICAN SOLUTIONS
33 EASTLAND STREETSPRINGFIELDMA01109HEALTH CARE ADMINISTRATION$211,782
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS$146,454,617$146,454,617
PARTICIPANT SELF-PAYMENTS$3,913,938$3,913,938
FieldValueIRS element (for citing)
Total Program Service Revenue$150,368,555TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,406,318TotalRevenueColumnAmt
Exclusion$7,406,318ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$276,590,823SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$271,616,154SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,974,669SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,974,669TotalRevenueColumnAmt
Exclusion$4,974,669ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescADMIN EXPENSE REIMBURSEMENTSDesc
Total Revenue Column$1,824,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,824,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,824,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$164,573,542TotalRevenueColumnAmt
Related Or Exempt Func Income$152,192,555RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$12,380,987ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$121,109,596TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$209,046TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,075,370TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$294,948TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$505,756TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$101,259TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$208,147TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,500TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$910,822TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$403,478TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$111,067TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$224,733TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$59,884TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$46,209TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$77,922TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
REPAIRS & MAINTENANCE$265,929
POSTAGE$104,143
EQUIPMENT LEASES$46,893
PCORI FEES$28,979

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$46,282TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$125,872,963TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,316,574BOYAmt
EOY$11,300,626EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$37,522,754BOYAmt
EOY$33,906,161EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,976,192BOYAmt
EOY$14,463,636EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$66,257BOYAmt
EOY$50,729EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,190,537LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$629,433LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$563,970BOYAmt
EOY$561,104EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$206,733,982BOYAmt
EOY$248,692,141EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$92,998,078BOYAmt
EOY$108,574,662EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,214,625BOYAmt
EOY$2,730,790EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$360,392,432BOYAmt
EOY$420,279,849EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$316,083BOYAmt
EOY$227,336EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,403,383BOYAmt
EOY$20,253,234EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,719,466BOYAmt
EOY$20,480,570EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$342,672,966BOYAmt
EOY$399,799,279EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$342,672,966BOYAmt
EOY$399,799,279EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$360,392,432BOYAmt
EOY$420,279,849EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$38,700,579ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$18,425,734NetUnrlzdGainsLossesInvstAmt
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$676,648OtherCostOrOtherBasisAmt
Depreciation$429,873DepreciationAmt
Book Value$246,775BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$473,389OtherCostOrOtherBasisAmt
Depreciation$175,260DepreciationAmt
Book Value$298,129BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$40,500OtherCostOrOtherBasisAmt
Depreciation$24,300DepreciationAmt
Book Value$16,200BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$561,104TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
S&P 500 COMMON TRUST$76,340,335F
MEPT EDGEMOOR LP-CLASS B$32,234,327F
FieldValueIRS element (for citing)
Total Book Value Securities$108,574,662TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
DUE TO INVESTMENT ACQUISITIONS$2,036,049
CONTRACTOR DEPOSITS$305,524
DUE TO RELATED PARTIES$2,727,415
BENEFITS CLAIMS PAYABLE$11,303,507
DUE TO RECIPROCALS$135,537
DUE TO HEALTH PROVIDER$3,745,202
FieldValueIRS element (for citing)
Total Liability$20,253,234TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$182,088,454TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$18,425,734NetUnrealizedGainsInvstAmt
Revenue Not Reported$18,425,734RevenueNotReportedAmt
Revenue Subtotal$163,662,720RevenueSubtotalAmt
Investment Expenses Not Incld$910,822InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$910,822RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$164,573,542TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$123,090,086TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$123,090,086ExpensesSubtotalAmt
Investment Expenses Not Incld2$910,822InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$1,872,055OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$2,782,877ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$125,872,963TotalExpensesPerForm990Amt

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, 2019, 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 1,872,055.

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 (3 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 DONOVAN
FUND ADMINISTRATOR$77,502$116,253$0$0$0$0$40,607$0$22,464$0$140,573$116,253$0$0
JOSHUA WOOD
ACCOUNTING MANAGER$27,420$84,498$0$0$0$0$31,971$0$22,464$0$81,855$84,498$0$0
RICHARD GAMBINO
FUND ADMINISTRATOR$62,968$76,961$0$0$0$0$30,666$0$16,848$0$110,482$76,961$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonKAITLYN SHERMANPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFAMILY MEMBER OF OFFICERRelationshipDescriptionTxt
Transaction$29,829TransactionAmt
TransactionCOMPENSATIONTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

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, THE FINAL COPY IS PROVIDED TO THE FULL BOARD OF TRUSTEES FOR REVIEW PRIOR TO ITS FILING.
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 (187 entries)

Legal Domicile StateLegalDomicileStateCd
A MURPHY INC
MA
ADVANCED INFORMATION TECHNOLOS
MA
ADVANTAGE CONTROL & DESIGN
MA
AETNA FIRE ALARM SERVICE CO
MA
ALDON ELECTRIC INC
MA
ALL-PRO ELECTRIC LLC
MA
ALL-RON
MA
AMERICAN ELEC TESTING COMPANY
MA
AMERICAN ELECTRIC & COMMUN
PA
ASPIRE ELECTRIC
MA
ATLANTIC POWER & LIGHT CO
MA
AVERILL ELECTRIC
MA
BALFOUR BEATTY
GA
BENNETT ELECTRICAL INC
MA
BENT ELECTRICAL
MA
BLACK BOX NETWORK SERVICES
PA
BACK UP SYSTEMS
MA
BOSTON HOUSING AUTHORITY
MA
BOSTON LIGHT ELECTRICAL CONTR
MA
BOSTON LIGHTNING ROD COMPANY
MA
BRAVA ELECTRIC
MA
BROTHERS ELECTRICAL CO LLC
MA
CC ELECTRICAL CONTRACTORS INC
MA
CW ELECTRICAL CONTRACTORS
MA
CABLENET SYSTEMS INC
MA
CDS CONTRACTING
MA
BEAUMONT SOLAR CO
MA
CHAPMAN CONSTRUCTION GROUP
MA
CLEAR CHANNEL OUTDOOR
TX
COGHLIN'S INC
MA
COMM-TRACT
MA
COMMUNICATION TECHNOLOGY
MA
COVIELLO ELECTRIC & GEN
MA
CRUZ ELECTRIC INC
MA
CURTIN ELECTRICAL CONTR
MA
DAGLE ELECTRICAL CONSTRUCTION
MA
DAVID C ROBINSON ELECTRIC
MA
DELAWARE NORTH COMPANIES INC
MA
DENNIS F OBRIEN COMMUNICATION
MA
DIAMOND TECHNOLOGIES ASSOC
MA
ES BOULOS CO
ME
EDWARD G SAWYER CO
MA
EDWARD G SAWYERLCN
MA
ELECTRICAL CONSTRUCTION TR FDS
MA
ELECTRICAL CONTRACTOR ASSOC
MA
EOL ELECTRIC INC
MA
EVERMORE LIGHT & POWER INC
MA
FAHEY ELECTRICAL
MA
FALL RIVER ELECTRICAL ASSOC
MA
FIBER OPTIC SPLICING & TESTING
MA
FISCHBACH & MOORE ELECTRIC
MA
FISHER & GEORGE ELECTRICAL
MA
FOLEY ELECTRIC
MA
FRISOLI ELECTRIC INC
MA
FTG TECHNOLOGIES
MA
G A DONOVAN CONSULTING
MA
GASTON ELECTRIC COMPANY INC
MA
GLOBAL NETWORK TECHNOLOGIES
MA
GONE GREEN
MA
GREENVIEW LIGHT & POWER
MA
HALLMARK ELECTRICAL SYSTEMS
MA
HIGH VOLTAGE MAINTENANCE
OH
HIGHGATE ELECTRIC LLC
MA
IANNICIELLO ELECTRIC INC
MA
IKE ELECTRIC INC
MA
INFOWIRES CONTRACTING
MA
INFRA-RED BUILDING & POWER SER
MA
INTEGRA NETWORK SERVICES LLC
MA
INTEGRATED ELEC SYSTEMSINC
MA
MONTROND ELECTRIC INC
MA
INTERNATIONAL SOUND CORP
MD
IPC INFORMATION SYSTEMS
CT
J & M BROWN COMPANY INC
MA
J F WHITE CONTRACTING INC
MA
J M ELECTRICAL COMPANY INC
MA
JOLTKI ELECTRIC LLC
MA
JAG COMMUNICATION
NH
JASCO ELECTRIC
MA
JOHN A PENNEY COMPANY INC
MA
K & H
MA
K & M
MA
KM KELLY INC
MA
JONES LANG LASALLE
MA
LJ MISHEL ELECTRICALAL CONTR
MA
LAN-TEL COMMUNICATION
MA
PRYSMIAN CONSTRUCTION SERVICES
SC
LANTERN LIGHT & ELECTINC
MA
LEONARD MORSE HOSPITAL
MA
LIGHTHOUSE ELECTRIC INC
MA
LYNNWELL ASSOCIATES INC
MA
MJ ELECTRIC INC
MI
MAIURI ELECTRICAL CORPORATION
MA
MASS BAY ELECTRICAL CORP
MA
MASS BAY TRANSPORTATION
MA
MASS ELECTRIC CONST COMPANY
NE
MCDONALD ELEC CORP
MA
MCPHEE ELECTRIC LTD
CT
MCWADE ASSOCIATES INC
MA
MECHANICAL AIR CONTROLS
MA
MEGCO
MA
MGM ELECTRIC COMPANY INC
MA
MILTON ELECTRICAL
MA
MAIURI ELECTRICAL SERVICES LLC
MA
MURPHY ELECTRIC & INDUSTRIAL
MA
NEW ENGLAND ELECTRIC GROUP INC
MA
NEW ENGLAND SOUNDVISION LLC
NH
NORWEY ELECTRICAL CONSTRUCTION
MA
NU-COURT
MA
O'MAHONY & SONS ELEC INC
MA
O'MAHONY ELECTRICAL SERVICES
MA
OSTROW ELECTRIC COMPANY
MA
P C SERVICE
MA
NORTHLINE UTILITIES LLC
NY
WYMAN & SONS ELECTRIC INC
RI
PERFORMANCE ELECTRICAL CONTR
MA
PINE RIDGE TECHNOLOGIES
MA
R J KONING ELECTRIC INC
MA
RICHARD T LOSORDO SERV INC
MA
RICHARD W REID ELEC COMPANY
MA
RICHARDSON ELECT'L CO INC
NH
RIORDAN BROTHERS AUDIO VIDEO
MA
SANIBEL ELECTRICAL CORPORATION
MA
SEAPORT ENERGY
MA
SIEMENS INTELLIGENT TRANSPORT
CA
SONET ELECTRICAL SYSTEMS LLC
MA
SPARKS COMPANY INC
RI
STALKER ELECTRIC CONTROLS INC
MA
STATE ELECTRIC CORP
MA
STATELINE POWER & SAFETY SYS
NH
SARGENT ELECTRIC CO
PA
SULLIVAN & MCLAUGHLIN COMMUN
MA
SULLIVAN & MCLAUGHLIN ELEC
MA
SYNET INC
RI
T & J ELECTRIC CORPORATION
MA
T & T ELECTRICAL CONTR INC
MA
TANSEY ELECTRIC INC
NH
TCB ELECTRICAL SERVICESCORP
MA
TECH ELECTRIC CORP
MA
THE GLOBE NEWSPAPER COMPANY
MA
UNITED POWER GROUP INC
MA
UNITED SOLAR ASSOCIATES
MA
UNIVERSAL AUTOMATION & MECH
MA
WHITE-SKANSKA KOCH JV
MA
WHITESKANSKACONSIGLI JV
MA
WHYTE ELECTRIC LLC
MA
YOUR ELECTRICAL SOLUTION
MA
ARDEN ENGINEERING CONSTRUCTORS
RI
BAY STATE LIGHTING PROTECTION
MA
FTG SECURITY
MA
LIDCO ELECTRICAL CONTRACTORS
MA
LIDDELL BROTHERS INC
MA
PRECISION ELEC CONTR INC
PA
RONALD SEABOYER ELECTRICAL
MA
AMPS ELECTRIC INC
MA
ANDY RAMOS ELECTRIC LLC
MA
BARLETTA-FISCHBACH GREEN LINE D BRANCH
MA
BOWEN ELECTRIC
MA
BRONDER TECHNICAL SERVICES INC
PA
ESTEVAM ELECTRIC LLC
MA
FANTASIA ELECTRIC
MA
GREENWORKS ENERGY INC
MA
HAUGLAND ENERGY GROUP LLC
NY
HAVANA-MAC
MA
MICHELS POWER A DIVISION OF MICHELS CORP
WI
MOULISON LLC
ME
O'CONNELL ELECTRIC COMPANY INC
NY
PA ELECTRICAL SYSTEMS INC
MA
RICKTEL COMMUNICATIONS INC
MA
SIEMENS MOBILITY INC
TX
SINGH ELECTRICAL LLC
MA
SULLIVAN & LINDSAY ELECTRICAL
MA
SWAN CONTRACTING
MA
USNE INC
MA
W S ANDERSON INC
MA
WATERMARK ELECTRIC
MA
WELLINGTON ENERGY INC
PA
WILLIAM ROBERTS ELECTRIC CO INC
MA
A & S ELECTRICAL LLC
MA
AI SOLUTIONS INC
PA
AYER ELECTRIC
NH
COSTAL ELECTRIC INC
MA
COLLINS ELECTRIC COMPANY INC
MA
JRB ELECTRIC
MA
LOWELL HOUSING AUTHORITY
MA
NEW ERA TECHNOLOGY NE
MA
OUTKAST ELECTRICAL CONTRACTORS INC
MA
ROSSI ELECTRIC CO INC
RI
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