STRATEGY STUDIO / PUBLIC DATA EXPLORER

I B E W LOCAL 98 HEALTH & WELFARE FUND: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
I B E W LOCAL 98 HEALTH & WELFARE FUND (EIN 23-2082042)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-04-17
IRS object ID
201811079349301706
Schema version
2016v3.0
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)
Return2018-04-17T16:11:21-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611436956PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NOVAK FRANCELLA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE PRESIDENTIAL BLVD SUITE 330AddressLine1Txt
CityBALA CYNWYDCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN232082042EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IBEW LOCAL 98 HEALTH & WELFARE FUNDBusinessNameLine1Txt
Business Name Line2BOARD OFBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlIBEWBusinessNameControlTxt
Phone2155996436PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11719 SPRING GARDEN STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191303915ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
Personbrian burrowsPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2155996436PhoneNum
Signature2018-04-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLouis Verzella CPAPreparerPersonNm
PTINP00360279PTIN
Phone6106689400PhoneNum
Preparation2018-03-29PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address162.211.205.39IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-04-17IPDt
IP Tm16:09:40IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdA96940F3BC1CB41A42F1C40DCB182A9E8131B64BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal Officerbrian burrowsPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11719 SPRING GARDEN STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191303915ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$229,034,086GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1953FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTo provides hospitalization, surgical, medical, dental, vision, prescription drug, death, accidental death and dismemberment, and weekly disability benefits to eligible members (and dependents) of International Brotherhood of Electrical Workers Local Union No. 98.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee82TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$70,039,889PYProgramServiceRevenueAmt
CY Program Service Revenue$86,193,608CYProgramServiceRevenueAmt
PY Investment Income$576,575PYInvestmentIncomeAmt
CY Investment Income$889,482CYInvestmentIncomeAmt
PY Other Revenue$80,937PYOtherRevenueAmt
CY Other Revenue$15,944CYOtherRevenueAmt
PY Total Revenue$70,697,401PYTotalRevenueAmt
CY Total Revenue$87,099,034CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$63,964,407PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$65,094,817CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$905,260PYOtherExpensesAmt
CY Other Expenses$1,368,732CYOtherExpensesAmt
PY Total Expenses$64,869,667PYTotalExpensesAmt
CY Total Expenses$66,463,549CYTotalExpensesAmt
PY Revenues Less Expenses$5,827,734PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$20,635,485CYRevenuesLessExpensesAmt
Total Assets BOY$71,026,645TotalAssetsBOYAmt
Total Assets EOY$93,503,015TotalAssetsEOYAmt
Total Liabilities BOY$1,884,441TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,179,282TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$69,142,204NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$91,323,733NetAssetsOrFundBalancesEOYAmt
MissionTo provides hospitalization, surgical, medical, dental, vision, prescription drug, death, accidental death and dismemberment, and weekly disability benefits to eligible members (and dependents) of International Brotherhood of Electrical Workers Local Union No. 98.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE FUND PROVIDES MEDICAL, HOSPITAL-SURGICAL, LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT, PRESCRIPTION, DENTAL, VISION AND DISABILITY BENEFITS FOR MEMBERS AND THIER DEPENDENTS.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 Equipment0ReportLandBuildingEquipmentInd
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 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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document456IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee82EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADMINISTRATORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2155996436PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11719 SPRING GARDEN STREETAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19130ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
EDWARD COPPINGER
UNION TRUSTEE2.0040.00Yes (X)$0$152,919$90,135
ED DUFF
EMPLOYER TRUSTEE2.00Yes (X)$0$0$0
BRIAN BURROWS
UNION TRUSTEE2.0040.00Yes (X)$0$185,773$107,127
JEFF SCARPELLO
EMPLOYER TRUSTEE2.0040.00Yes (X)$0$433,752$66,625
KEN MYERS
EMPLOYER TRUSTEE2.00Yes (X)$0$0$0
MICHAEL KANE
UNION TRUSTEE2.00Yes (X)$0$0$0
DOUG SMITH
EMPLOYER TRUSTEE2.00Yes (X)$0$0$0
LOU ACAMPORA
UNION TRUSTEE2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$772,444TotReportableCompRltdOrgAmt
Total Other Compensation$263,887TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FRANK M VACCARO & ASSOCIATES INC
27 ROLAND AVENUEMOUNT LAURELNJ08054ADMINSTRATION SERVICES$710,109
CHEIRON INC
1000 ATRIUM WAYMOUNT LAURELNJ08054ACTUARY SERVICES$288,883
PART D ADVISORS INC
17199 N LAUREL PARK DR STE 400LIVONIAMI48152PHARMACY SUBSIDY ADVISOR$129,422
NOVAK FRANCELLA LLC
ONE PRESIDENTIAL BLVD STE 330BALA CYNWYDPA19004ACCOUNTING SERVICES$125,897
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS525100$82,155,854$82,155,854
RETIREE AND COBRA CONTRIBUTIONS525100$4,037,754$4,037,754
FieldValueIRS element (for citing)
Total Program Service Revenue$86,193,608TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$912,979TotalRevenueColumnAmt
Exclusion$912,979ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$141,911,555SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$141,935,052SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$23,497SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$23,497TotalRevenueColumnAmt
Exclusion-$23,497ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther incomeDesc
Business900099BusinessCd
Total Revenue Column$15,944TotalRevenueColumnAmt
Exclusion$15,944ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$15,944OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$87,099,034TotalRevenueColumnAmt
Related Or Exempt Func Income$86,193,608RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$905,426ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$65,094,817TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$60,102TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$113,106TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$214,047TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$868,727TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$64,330TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,200TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,290TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmt
PCORI FEES$17,987
HEALTH FAIR$6,943

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$66,463,549TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$940,723BOYAmt
EOY$1,000,758EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$28,363,737BOYAmt
EOY$21,866,719EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,260,185BOYAmt
EOY$8,830,872EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$52,649BOYAmt
EOY$50,009EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$25,368,454BOYAmt
EOY$44,262,025EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,409,575BOYAmt
EOY$14,794,296EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,631,322BOYAmt
EOY$2,698,336EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$71,026,645BOYAmt
EOY$93,503,015EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$646,634BOYAmt
EOY$788,626EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,237,807BOYAmt
EOY$1,390,656EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,884,441BOYAmt
EOY$2,179,282EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$69,142,204BOYAmt
EOY$91,323,733EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$69,142,204BOYAmt
EOY$91,323,733EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$71,026,645BOYAmt
EOY$93,503,015EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$20,635,485ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,546,044NetUnrlzdGainsLossesInvstAmt
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

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
103-12 INVESTMENT ENTITY$7,801,324F
HEDGE FUND - FOREIGN MUTUAL FUND$22,612F
HEDGE FUND OF FUNDS - LIMITED PARTNESHIP$4,088,760F
LIMITED PARTNERSHIP - REAL ESTATE$2,881,600F
FieldValueIRS element (for citing)
Total Book Value Securities$14,794,296TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DUE TO AFFILIATES$1,236,538
DUE TO RELATED PARTY$29,118
due to broker$125,000
FieldValueIRS element (for citing)
Total Liability$1,390,656TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$88,431,031TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,546,044NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,546,044RevenueNotReportedAmt
Revenue Subtotal$86,884,987RevenueSubtotalAmt
Investment Expenses Not Incld$214,047InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$214,047RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$87,099,034TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$66,249,502TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$66,249,502ExpensesSubtotalAmt
Investment Expenses Not Incld2$214,047InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$214,047ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$66,463,549TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationAccounting 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 if the Plan has taken an uncertain position that, more likely than not, would not be sustained upon examination by the U.S. Federal, state, or local taxing authorities. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Typically, Plan tax years will remain open for three years; however, this may differ depending upon the circumstances of the Plan.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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
EDWARD COPPINGER
UNION TRUSTEE$0$152,919$0$0$0$0$0$47,882$0$42,253$0$243,054$0$0
BRIAN BURROWS
UNION TRUSTEE$0$185,773$0$0$0$0$0$56,551$0$50,576$0$292,900$0$0
JEFF SCARPELLO
EMPLOYER TRUSTEE$0$370,800$0$60,000$0$2,952$0$39,750$0$26,875$0$500,377$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V LINE 2B:IBEW LOCAL 98 HEALTH & WELFARE FUND DOES NOT HAVE ANY EMPLOYEES. W-2'S ARE ISSUED TO THOSE PARTICIPANTS THAT RECEIVE TAXABLE BENEFITS.
Form 990, Part VI, Section B, line 11bIBEW LOCAL 98 HEALTH & WELFARE FUND'S FORM 990 IS PREPARED BY ITS INDEPENDENT PUBLIC ACCOUNTANT. THE RETURN IS THEN FORWARDED TO THE TRUSTEES FOR REVEIW AND SIGNATURE.
Form 990, Part VI, Section C, line 19IBEW LOCAL 98 HEALTH & WELFARE FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:IBEW LOCAL 98 HEALTH & WELFARE FUND'S BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDPENDENT ACCOUNTANT WHO PERFORMS THE AUDIT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationInd
IBEW LOCAL UNION 98 PENSION PLAN
1719 SPRING GARDEN STREETPHILADELPHIAPA19130231990722PENSION PLANPA401(A)/501(A)0
IBEW LOCAL UNION 98 PROFIT SHARING PLAN
1719 SPRING GARDEN STREETPHILADELPHIAPA19130232289872PENSION PLANPA401(A)/501(A)0
IBEW LOCAL UNION 98 SOUND AND COMMUNICATIONS WORKERS HEALTH AND WELFARE FUN
1719 SPRING GARDEN STREETPHILADELPHIAPA19130232959495HEALTH & WELFARE BENEFIT FUNDPA501(C)(9)0
APPRENTICE TRAINING FUND FOR THE ELECTRICAL INDUSTRY
1719 SPRING GARDEN STREETPHILADELPHIAPA19130231308075EDUCATION AND TRAINING FUNDPA501(C)(5)0
IBEW LOCAL UNION 98
1719 SPRING GARDEN STREETPHILADELPHIAPA19130230724610LABOR UNIONPA501(C)(5)0
PENN DEL JERSEY CHAPTER NECA
2003 RENAISSANCE BLVDKING OF PRUSSIAPA19406231279973EMPLOYER ASSOCIATIONPA501(C)(6)0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (220 entries)

A & B ELECTRICAL
A&S ELECTRIC INC
A-1 ELECTRIC
ABSOLUTE ELECTRICAL CON
ACE ELECTRIC
ADAMS ELECTRICAL CONSTR
AJM ELECTRIC INC
ALBARELL ELECTRIC
ALL SYSTEMS ELECTRIC
ALLAN BRITE-WAY ELEC C
ALOHA COMMUNICATIONS CO
ALTEC BUILDING SYSTEMS
ANMAR ELECTRICAL CONTRA
ARMOUR & SONS ELECTRICI
ARROW ELECTRIC SERVICES
ATLANTIC COAST COMMINC
ATLANTIC PLANT MAINTENA
ATLAS SECURITY LLC
AVIMAN MANAGEMENT
BARTLESON ELECTRIC INC
BATTAGLIA ELECTIRC INC
BELLES ELECTRICAL CONTR
BELLES NETWORK SERVICES
BENSALEM PARK MAINTENAN
BILLITIER ELECTRIC INC
BLACKBOX NETWORK SERVIC
BLUESTONE COMMUNICATION
BRADLEY-SCIOCCHETTI IN
BREAKER ELECTRIC INC
BRIGHT LIGHTS ELECTRICA
BROWNE ELECTRICAL SERVI
BRUCE & MERRILEES ELEC
BUILDING CONTROL SYSTEM
BUILDING CONTROLS INC
BURLINGTON ELECTRICAL T
C & R COMMUNICATIONS
CAD ELECTRIC INC
CAHILL CONTROLS INC
CARR AND DUFF INC
CASCIO ELECTRIC INC
CBI SERVICES INC
CHARLES H MACDONALD ELE
CITY SIGN SERVICE INC
CLEAR CHANNEL OUTDOOR I
COASTAL COMM (PW)
COBRA ELECTRIC
COMMERCIAL LINE AND ELE
COMPASS SIGN CO LLC
CONLEY ELECTRICAL LLC
CURRENT ELECTRICAL SOLU
DC ELECTRIC INC
DELTA LINE CONSTRUCTION
DEVON ELECTRIC INC
DIEHL ELECTRIC INC
DNARPO ELECTRIC
DONALD PUSEYINC
DOUGHERTY ELECTRIC INC
DURIAN ELECTRIC LLC
EJ ELECTRIC INC
EAGLE I ELECTRIC INC
EAST GOSHEN ELECTRICAL
EASTERN SIGN TECH
EIGHTH DISTRICT ELECTRI
ELECTRACOM INC
ELEY ELECTRICAL CONTRAC
ELLIOTT LEWIS
EMMS ELECTRIC
ENERFAB ELECTRIC INC
ENTERPRISE CABLE GROUP
FIBER PRO DBA D&W TECHN
FISHER ELECTRIC
FJM ELECTRICAL CONSTRUC
FLEMINGTON INSTRUMENT C
FLUIDICS INC
FORD BROTHERS ELECTRICI
FOX CHASE ELECTRICAL IN
G & M ELECTRICAL CONSTR
GR SPONAUGLE & SONS I
GATEWAY COMMUNICATIONS
GENERAL CONTROLS INC
GLOBAL SPECTRUM-CITIZEN
GM ELECTRIC INC
GNG ELECTRICAL CONTRACT
GOLDHORN ELECTRICAL CO
GOLDSMITH ASSOCIATES IN
GONZALEZ DISANDRO INC
GORDON GROUP
GREENTECH ENERGY SERVIC
H J KOWAL AND SON LLC
HB FRAZER COMPANY - P
HATZEL AND BUEHLER INC
HENKELS & MCCOY
HIGH VOLTAGE MAINTENANC
HOBBS AND CO INC
HOLLAND POWER AND LIGHT
HYDE ELECTRIC CORPORATI
I B ABEL CO
ICON IDENTITY SOLUTIONS
INDEPENDENCE ELECTRIC I
INDEPENDENT WIRING CO
ION ELECTRICAL CONTRACT
J & J ELECTRIC INC (JUR
J J WHITE INC
JA LEE ELECTRIC INC
J P RAINEY & CO INC
JV GOTTSCHALL & CO IN
JW CARRIGAN LLC
JACK COHEN & CO INC
JCI SERVICES INC
JE CON 35
JOULE ELECTRIC INC
JT ELECTRICAL LLC
JUDGE ELECTRICAL INC
KAHMAR ELECTRIC INC
KAPP ELECTRICAL
KEI
KOLA ELECTRIC
KWASIGROCH ELECTRIC INC
LANCONNECT INC
LANMARK ELECTRIC INC
LARRY C MCCRAE INC
LEX ELECTRIC COMPANY IN
LIBERTY INTEGRATED ELEC
LINCOLN WAY ELECTRIC IN
LINECOMINC
L-M SERVICE CO INC
LMI
LYNDEE CORP
M GITLIN CO INC
M J KELLY ELECTRIC IN
MADDEN ELECTRIC ASSOC I
MARANO ELECTRIC INC
MATRIX INC
MBR CONSTRUCTION SERVIC
MCCRAE
MCCULLISS AND CARLIN
MCGOLDRICK ELECTRIC INC
MERCEDES INC
METRO ELECTRIC
MILLER BROS
MILLS ELECTRIC INC
MJF ELECTRICAL CONTRACT
MIRARCHI BROTHERS INC
MJK ELECTRICAL CORPORAT
MONTEMURO ELEC CONSTR
MULHERN ELECTRIC COMPAN
NW SIGN INDUSTRY
NEW LIGHT ELECT INC
NOOTER CONSTRUCTION
NUCERO ELEC CONSTRUCTIO
OMNI ELECTRICAL SYSTEMS
ORLANDO DIEFENDERFER IN
PAGODA ELECTRICALINC
PALMAN ELECTRIC INC
PAR 4 ELECTRICAL SERVIC
PARAMOUNT ELECTRICAL SE
PECA ELECTRIC CORP
PHILADELPHIA BUILDING T
PHILADELPHIA EAGLES LLC
PHILADELPHIA HOUSING AU
PHILADELPHIA PARKING AU
PHILADELPHIA SIGN CO
PHILLY ELECTRICAL SERVI
PINNACLE CONTROLS SYSTE
PINNACLE ELECTRICAL CON
PRECISION ELECTRICINC
PREFERRED ELECTRIC INC
PRINGLE ELECTRIC
R & A ELECTRIC
RAY ANGELINI INC
R PALMIERI ELECTRICAL
RJT ELECTRIC INC
RAFF ELECTRIC INC
RAY ANGELINI INC
RCR ELECTRICAL CONTRACT
RIGGS-DISTLER & CO INC
Rite Way
RITE-WAY ELECTRIC INC
ROBERT FORD ELECTRIC
RTM ELECTRICAL CONTRACT
RUE ELECTRIC INC
SJTHOMAS COMPANYINC
SALP (SPECTRUM)
SCARPONI ELECTRIC
SCHLEIG ELECTRIC INC
SCOTT TESTING INC
SHELBY MECHANICAL INC
SHELLY ELECTRIC CO
SHORELINE ELECTRIC INC
SIGNORA ELEC CO
SILAS BOLEF CO
STARKO ELECTRIC SERVICE
STRADDICK ELECTRIC SYST
STRUCTURED CABLE SOLUTI
SUNLIGHT ELECTRICAL CON
TJ SIGN SERVICE & LIG
TAGGART & SONS ELECTRIC
TANGENT CABLE SYSINC (
TECH ELECTRIC
TEL-DAT COMMUNICATIONS
TEMPERATURE CONTROLS IN
THE WILLIAMS GROUP ELEC
TRICOMM SERVICES CORPOR
TNL ELECTRIC LLC
TOWNES MECHANICAL CONTR
TRAVISINC
TWO M ELECTRIC INC
ULTRA-LUM ENTERPRISES I
UNION ELECTRIC CONTRACT
UNITY ELECTRIC LLC
VALIANT POWER GROUP
VANALT ELEC CONSTRUCTI
VASOLI ELECTRIC CO
VISION ELECTRICAL CONTR
VTV ELECTRIC
WEST SIDE ELECTRIC HA
WHITEMARSH ELECTRICAL C
WILLIAM A J SHAEFFERS S
WILLIAMS GRP ELECTCONT
YORK RIVER ELECTRIC
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 Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1IBEW LOCAL UNION 98 PENSION PLANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeSTransactionTypeTxt
Involved$2,421,366InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt