2020-11-03T16:11:13-06:00 2019-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2019-01-01 136132502 IBEW - 363 WELFARE FUND IBEW 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 PAMELA BROWN PLAN ADMINISTRATOR 8457833500 2020-11-03 1 JON S GAGLIARDI P00528721 9082727000 107.0.40.162 2020-11-03 16:11:08 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7F926D27CAB0024D623411054CF6F75958FCCFC4 2019 2021-04-22 16:20:28Z PAMELA BROWN 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 40417638 0 X WWW.IBEWLU363.ORG X 1956 NY TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS 12 7 23 0 0 0 0 0 20399046 25548560 657853 668381 486943 634744 21543842 26851685 0 0 16876357 18571746 662225 790750 0 0 0 552860 565139 18091442 19927635 3452400 6924050 32796111 45191962 6212966 9210108 26583145 35981854 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 23 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 218277 52354 GIL HEIM UNION TRUSTEE 1.00 39.00 X 0 142780 52354 STEVE NEUGEBAUER UNION TRUSTEE 1.00 39.00 X 0 139319 52354 JOHN DICKSON UNION TRUSTEE 1.00 39.00 X 0 138620 52354 JOHN A MARAIA UNION TRUSTEE 1.00 39.00 X 0 139319 52354 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 128220 0 52354 128220 778315 314124 1 0 1 0 AETNA 151 FARMINGTON AVENUE HARTFORD CT 06156 CLAIMS PROCESSING 163729 MALONEY ASSOCIATES INC 371 MERRICK ROAD ROCKVILLE CENTRE NY 11570 CLAIMS PROCESSING 112537 2 CONTRACTOR CONTRIBUTIONS 900099 24365750 24365750 EMPLOYEES' CONTRIBUTIONS 900099 1057827 1057827 RETIREE DRUG SUBSIDY 900099 124983 124983 25548560 506077 506077 13728257 13565953 162304 162304 162304 REIMBURSED BY AFFILIATES 900099 631742 631742 MISCELLANEOUS INCOME 900099 3002 3002 634744 26851685 26183304 0 668381 18571746 128220 327775 108310 187764 38681 7791 28217 97546 324042 38654 25615 19397 5773 306 12695 AFFORDABLE CARE ACT FEE 5103 19927635 9756787 15100345 525672 737307 3434937 3916917 62505 62334 477 171 19021136 25359085 57102 78137 32796111 45191962 1772 34161 6211194 9175947 6212966 9210108 X 0 0 0 0 26583145 35981854 26583145 35981854 32796111 45191962 6924050 2474659 0 X X 0 1 X 1 0 62505 62334 171 171 MEMBERS' VACATION PAYABLE 8716501 CONTRACTORS' SECURITY DEPOSITS 190662 RECIPROCALS PAYABLE 244950 DUE TO BROKER 23834 9175947 X 28597056 2474659 2474659 26122397 97546 631742 729288 26851685 19198347 -631742 -631742 19830089 97546 97546 19927635 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 31,2019, 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. 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 631,742. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS -631,742. X 0 0 0 SAMUEL FRATTO UNION TRUSTEE 0 218277 0 0 0 0 0 30306 0 22048 0 270631 0 0 GIL HEIM UNION TRUSTEE 0 142780 0 0 0 0 0 30306 0 22048 0 195134 0 0 STEVE NEUGEBAUER UNION TRUSTEE 0 139319 0 0 0 0 0 30306 0 22048 0 191673 0 0 JOHN DICKSON UNION TRUSTEE 0 138620 0 0 0 0 0 30306 0 22048 0 190974 0 0 JOHN A MARAIA UNION TRUSTEE 0 139319 0 0 0 0 0 30306 0 22048 0 191673 0 0 PAMELA BROWN PLAN ADMINISTRATOR 128220 0 0 0 0 0 30306 0 22048 0 180574 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 19397 USAGE OF BUILDING IBEW #363 MONEY PURCHASE PENSION FUND Q 165211 TIME ANALYSIS IBEW #363 GENERAL FUND Q 98922 TIME ANALYSIS IBEW #363 APPRENTICE FUND Q 111869 TIME ANALYSIS IBEW #363 LMCC FUND Q 32830 TIME ANALYSIS IBEW #363 PENSION FUND Q 131612 TIME ANALYSIS IBEW #363 SUB FUND Q 69692 TIME ANALYSIS IBEW #363 GENERAL FUND P 98922 TIME ANALYSIS/USAGE OF EXPENSES