2017-08-02T06:27:39-07:00 2016-12-31 Schultheis & Panettieri LLP 210 Marcus Boulevard Hauppauge NY 117883740 990 2016-01-01 116302784 WELFARE FUND OF HEAT AND FROST INSULATORS LOCAL 12 WELF 7187848883 35-53 24th street LONG ISLAND CITY NY 11106 ALBERT WASSELL FUND MANAGER 2017-08-02 true CAROL WESTFALL P00539069 6312734778 2016 2021-01-29 14:40:06Z X 21047915 false false X N/A X 1950 NY PLAN'S PURPOSE IS TO PROVIDE MEDICAL, VACATION and other BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 10 10 3 0 0 14417723 16649590 760728 298407 0 15178451 16947997 0 16286881 13343050 451775 471916 0 0 255798 125356 16994454 13940322 -1816003 3007675 12798614 15026693 6042924 5375431 6755690 9651262 PLAN'S PURPOSE IS TO PROVIDE MEDICAL, VACATION and other BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. false false PLAN'S PURPOSE IS TO PROVIDE MEDICAL, VACATION and other BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. false false false false false false false false true false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true false false false false true 3 0 true 3 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false X ALBERT WASSELL 7187848883 35-53 24th street LONG ISLAND CITY NY 11106 NICK GRGAS UNION TRUSTEE 1.00 0.00 X 0 0 0 MATTHEW ARACICH UNION TRUSTEE 1.00 0.00 X 0 0 0 joseph lapinski union trustee 1.00 0.00 X 0 0 0 RICHARD BUDINICH ALT EMP TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH LEO EMPLYR TRUSTEE 1.00 0.00 X 0 0 0 EDWARD MAHONEY EMPLYR TRUSTEE 1.00 0.00 X 0 0 0 DONALD DONNELLY EMPLYR TRUSTEE 1.00 0.00 X 0 0 0 AL DURANTI EMPLYR TRUSTEE 1.00 0.00 X 0 0 0 CHRIS GRANDO EMPLYR TRUSTEE 1.00 0.00 X 0 0 0 GERARD FEELEY union trustee 1.00 0.00 X 0 0 0 ROBERT DEMARTINO union TRustee 1.00 0.00 X 0 0 0 frank renahan alt un trustee 1.00 0.00 X 0 0 0 ALBERT WASSELL FUND MANAGER 45.00 0.00 X 157548 0 101338 157548 101338 1 false true false SCHULTHEIS & PANETTIERI LLP 210 MARCUS BLVD HAUPPAUGE NY 11788 ACCOUNTING AND AUDIT 188091 colleran ohara & mills LLP 100 CrossWays Park Dr Woodbury NY 11797 legal representation 132383 2 0 EMPLOYERS' CONTRIB. 900099 12091770 12091770 PARTICIPANTS' CONTRIB. 900099 4557820 4557820 16649590 87361 87361 0 0 0 4310964 4099918 211046 211046 211046 0 0 0 0 16947997 16649590 298407 0 0 0 13343050 258886 0 96584 38369 57920 20157 0 152192 158026 0 0 45487 59540 0 19742 60513 0 0 0 0 1847 0 0 178 116787 printing & publications 11499 TELEPHONE 4545 REIMB TO RELATED ORG -505000 0 13940322 0 0 0 3630498 4102390 2221687 4841134 0 1448636 1528622 0 0 0 0 0 102770 10057 31413 92713 5410428 4200125 0 0 0 55952 261709 12798614 15026693 135373 112787 1272407 1238693 4635144 4023951 6042924 5375431 X 6755690 9651262 6755690 9651262 12798614 15026693 3007675 -112103 X false true X true false false true X 102770 10057 92713 92713 BENEFIT OBLIGATIONS CURRENTLY PAYABLE 3198000 DUE TO RELATED ORGANIZATIONS 825951 4023951 16790407 -112103 -112103 16902510 45487 45487 16947997 14104235 14104235 45487 -209400 -163913 13940322 Part IV, Line 2b: Explanation of escrow account liability surety deposits collected from contractors. X X false false false ALBERT WASSELL FUND MANAGER 154248 700 2600 62471 38867 258886 Part III, Additional Information ALBERT WASSELL RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS FUND MANAGER OF THE RELATED PENSION, ANNUITY, WELFARE, AND APPRENTICE-JOURNEYWORKER EDUCATIONAL FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE WELFARE FUND'S PORTION OF THESE EXPENSES IS 49% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II. Form 990, Part VI, Line 11b: Form 990 Review Process THE FORM WAS COMPLETED IN CONJUNCTION WITH THE FUND MANAGER AND WAS REVIEWED WITH THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts AS REQUIRED BY THE FUND'S CONFLICT OF INTEREST POLICY ("POLICY"), THE TRUSTEES AND MEMBERS OF THE FUND'S ADMINISTRATIVE STAFF HAVE A CONTINUOUS OBLIGATION TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THE FULL BOARD OF TRUSTEES. IN ADDITION TO THE AFORESAID CONTINUOUS OBLIGATION TO DISCLOSE, THE FUND'S POLICY REQUIRES TRUSTEES AND MEMBERS OF THE FUND'S ADMINISTRATIVE STAFF TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available NO DOCUMENTS AVAILABLE TO PUBLIC. PARTICIPANTS MAY VIEW DOCUMENTS AT THE FUND OFFICE UPON REQUEST TO THE EXTENT REQUIRED BY LAW. PENSION FD OF HEAT&FROST INSUL L12 & SUB 35-53 24th street LONG ISLAND CITY NY 11101 516045262 RETIREMENT BENEFITS NY 501(A) N/A NA false ANNUITY FD OF HEAT&FROST INSULATORS L12 35-53 24th street LONG ISLAND CITY NY 11101 136101711 RETIREMENT BENEFITS NY 501(A) N/A NA false APPRENTICE JOURNEYWORKER EDUC FD OF L12 35-53 24th street LONG ISLAND CITY NY 11101 113084552 APPRENTICE TRAINING BENEFITS NY 501(C)(3) 2 NA false IAH&F INSUL & ALLIED WKRS LOCAL 12 35-53 24th street LONG ISLAND CITY NY 11101 135574122 LABOR UNION NY 501(C)5 N/A NA false false false false false false false false false false false true false false true true false true false false FORM 990, PART VII, SECTION A CERTAIN TRUSTEES LISTED ON FORM 990, PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION OR ANY RELATED ORGANIZATION IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZATION.CERTAIN TRUSTEES LISTED ON FORM 990, PART VII, SECTION A, DO NOT RECEIVE COMPENSATION FroM THIS ORGANIZATION, BUT DO RECEIVE COMPENSATION IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF IAH&F INSUL & ALLIED WKRS LOCAL 12 (the "UNION"). ACCORDINGLY, THEIR COMPENSATION IS REPORTED ON THE FORM 990 OF THE UNION.THE INFORMATION DISCLOSED ON THE ATTACHED SCHEDULE OF RELATED PARTIES IS THAT WHICH WAS AVAILABLE TO THIS ORGANIZATION AT THE TIME OF THIS FILING.