2018-11-06T16:05:17-06:00 2017-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2017-01-01 136132502 IBEW - 363 WELFARE FUND IBEW 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 PAMELA BROWN PLAN ADMINISTRATOR 8457833500 2018-11-06 1 JON S GAGLIARDI P00528721 9082727000 107.0.40.162 2018-11-06 16:05:05 ES P 8121CA463AABFA4EFE5158FD2073B628CA1C8F6D BBC6FF48F749624228983DC5C77016F783C914CC 2017 2018-06-14 16:35:46Z PAMELA BROWN 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 31638436 0 X WWW.IBEWLU363.ORG X 1956 NY TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS 12 7 7 0 0 0 0 0 16335375 21104538 261701 499769 517199 528010 17114275 22132317 0 0 11105256 13537449 671925 642031 0 0 0 505521 555124 12282702 14734604 4831573 7397713 20101583 30566750 4372472 6162808 15729111 24403942 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 3 0 1 7 1 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 GIL HEIM UNION TRUSTEE 1.00 39.00 X 0 121005 18648 JOHN A MARAIA UNION TRUSTEE 1.00 39.00 X 0 117965 6968 STEVE NEUGEBAUER UNION TRUSTEE 1.00 39.00 X 0 117965 13719 SAMUEL FRATTO III UNION TRUSTEE 1.00 39.00 X 0 183474 12387 JOHN DICKSON UNION TRUSTEE 1.00 X 0 117965 17463 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 PARKER 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 107258 0 0 107258 658374 69185 1 0 1 0 AETNA 151 FARMINGTON AVENUE HARTFORD CT 06156 CLAIMS PROCESSING 140014 1 CONTRACTOR CONTRIBUTIONS 900099 19982442 19982442 EMPLOYEES' CONTRIBUTIONS 900099 1085102 1085102 RETIREE DRUG SUBSIDY 900099 36994 36994 21104538 288817 288817 9717071 9506119 210952 210952 210952 REIMBURSED BY AFFILIATES 900099 494698 494698 MISCELLANEOUS INCOME 900099 33312 33312 528010 22132317 21921365 0 210952 13537449 107258 262175 105049 134797 32752 78193 30444 60141 295378 39728 13420 19397 3327 2412 8123 AFFORDABLE CARE ACT FEE 4561 14734604 6677211 9048034 274158 428444 2624293 3190352 62505 59789 5129 2716 10497759 17842230 23033 54974 20101583 30566750 14469 10109 4358003 6152699 4372472 6162808 X 0 0 0 0 15729111 24403942 15729111 24403942 20101583 30566750 7397713 1277118 0 X X 0 1 X 1 0 62505 59789 2716 2716 MEMBERS' VACATION PAYABLE 5570704 CONTRACTORS' SECURITY DEPOSITS 250662 RECIPROCALS PAYABLE 325038 DUE TO BROKER 6295 6152699 X 22854596 1277118 1277118 21577478 60141 494698 554839 22132317 14179765 -494698 -494698 14674463 60141 60141 14734604 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 31,2017, 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 494,698. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS -494,698. X 0 0 0 SAMUEL FRATTO III UNION TRUSTEE 0 183474 0 0 0 0 0 0 0 0 0 183474 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 PRIOR YEAR. 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 122296 TIME ANALYSIS IBEW #363 GENERAL FUND Q 136583 TIME ANALYSIS IBEW #363 APPRENTICE FUND Q 73094 TIME ANALYSIS IBEW #363 LMCC FUND Q 20433 TIME ANALYSIS IBEW #363 PENSION FUND Q 89968 TIME ANALYSIS IBEW #363 SUB FUND Q 39705 TIME ANALYSIS IBEW #363 GENERAL FUND P 18607 TIME ANALYSIS/USAGE OF EXPENSES