2017-09-15T13:06:15-07:00 2016-12-31 Schultheis & Panettieri LLP 210 Marcus Boulevard Hauppauge NY 117883740 990 2016-01-01 131739693 SHEET METAL WORKERS UNION LOCAL 38 INSURANCE AND WELFARE FUND SHEE 8452789633 38 STARR RIDGE ROAD BREWSTER NY 10509 WALTER GREENWOOD EMPLOYER TRSTE 2017-09-15 true CAROL WESTFALL P00539069 6312734778 2016 2021-01-29 14:40:06Z 16213558 false false X N/A X 1948 NY TO PROVIDE MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 6 6 3 0 0 8279310 7071242 1946291 677452 51043 10225601 7799737 0 10661713 10515138 345279 268457 0 0 449148 373659 11456140 11157254 -1230539 -3357517 18382451 14905672 2310881 1919426 16071570 12986246 TO PROVIDE MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. false false TO PROVIDE MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. false false false false false false false false false false false 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 10 0 false 3 true false false false false false false false false false false false false X 6 6 false false false false false false false true false false false true false false false false false false false false X RICHARD PAGANO 8452789633 38 STARR RIDGE ROAD BREWSTER NY 10509 X LAWRENCE STURGIS - thru 916 EMPLOYER TRSTE 2.00 0.00 X 0 0 0 DENNIS LAVOPA EMPLOYER TRSTE 2.00 0.00 X 0 0 0 JAMES D'ANNIBALE EMPLOYER TRSTE 2.00 0.00 X 0 0 0 GILBERT LESTER JR UNION TRUSTEE 2.00 40.00 X 0 0 0 JOHN TARR UNION TRUSTEE 2.00 40.00 X 0 0 0 NICHOLAS COLOMBO JR UNION TRUSTEE 2.00 40.00 X 0 0 0 WALTER GREENWOOD - EFF 916 EMPLOYER TRSTE 2.00 0.00 X 0 0 0 RICHARD P PAGANO FUND MANAGER 38.00 7.00 X 0 116399 90409 116399 90409 0 false true false AETNA INC PO BOX 13049 NEWARK NJ 07188 CLAIMS ADMIN 258166 1 0 EMPLOYER CONTRIBUTIONS 525100 6683009 6683009 PARTICIPANT CONTRIBUTIONS 525100 388233 388233 7071242 420961 420961 0 0 0 8670312 8413821 256491 256491 256491 0 0 0 ADMIN FEE INCOME 900099 35574 35574 SETTLEMENT 900099 15469 15469 51043 7799737 7122285 677452 0 0 0 10515138 0 0 157079 75905 22743 12730 0 128364 106258 0 0 14760 8500 0 14190 30876 0 50880 4929 0 6571 0 0 0 8331 0 11157254 0 0 0 353826 217539 681143 1033905 0 1497860 853123 0 0 0 0 0 0 15849622 12801105 0 0 0 0 18382451 14905672 161411 47506 2149470 1871920 2310881 1919426 X 16071570 12986246 16071570 12986246 18382451 14905672 -3357517 272193 X false true X true false BENE OBLIGATIONS CURRENTLY PAYABLE 1421000 DUE TO RELATED ORG. 380435 LITIGATION SETTLEMENTS 70485 1871920 8057170 272193 272193 7784977 14760 14760 7799737 11114494 11114494 14760 28000 42760 11157254 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S CHANGE IN BENEFITS PAYABLE $28000 false false false RICHARD P PAGANO FUND MANAGER 116399 73367 17042 206808 Part III, Additional Information RICHARD PAGANO RECEIVES COMPENSATION AND BENFITS PAID BY THE SHEET METAL WORKERS LOCAL NO. 38 PROFIT SHARING PLAN IN HIS CAPACITY AS FUND MANAGER OF THE FILING ORGANIZATION WITH REIMBURSEMENTS MADE ACCORDINGLY. THE FILING ORGANIZATION REIMBURSES 59% OF COMPENSATION AND BENEFITS. Form 990, Part VI, Line 11b: Form 990 Review Process THE FORM 990 WAS PREPARED IN COORDINATION WITH THE FUND MANAGER WHO WORKS FULL TIME FOR THE ORGANIZATION. ONCE COMPLETED THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A COMPENSATION AND BENEFITS REPORTED IN PART VII, SECTION A, COLUMNS E AND F AND SCHEDULE J, PART II IS PAID TO THE FUND MANAGER OF THE FILING ORGANIZATION AND THE SHEET METAL WORKERS LOCAL NO. 38 PROFIT SHARING PLAN WHERE HE WORKS 45 HOURS PER WEEK. COMPENSATION AND BENFITS ARE PAID BY THE PROFIT SHARING PLAN WITH REIMBURSEMENTS FROM THE PLAN BASED ON ESTIMATED BENEFITS RECEIVED. SHEET METAL WORKERS UNION LOCAL 38 38 STARR RIDGE ROAD BREWSTER NY 10509 131739691 LABOR UNION NY 501(C)(5) N/A false SMW LOCAL 38 PROFIT SHARING PLAN 38 STARR RIDGE ROAD BREWSTER NY 10509 133319782 TO PROVIDE RETIREMENT BENEFITS NY 401 N/A NA false false false false false false false false false false false true false false true true false false false false SCHEDULE R, PART II AND IV: CERTAIN TRUSTEES LISTED ON FORM 990 PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION OR RELATED ORGANIZATIONS IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZATION.CERTAIN TRUSTEES LISTED ON FORM 990 PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION BUT DO RECEIVE COMPENSATION FROM SHEET METAL WORKERS UNION LOCAL 38 (THE "UNION") IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF THE UNION. THEIR COMPENSATION IS REPORTED ON THE FORM 990 OF THE UNION.