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N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
N Y C DISTRICT COUNCIL CARPENTERS WELFARE FUND (EIN 13-5615576)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-03-28
IRS object ID
201730879349300233
Schema version
2015v3.0
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)
Return2017-03-28T12:53:35-07:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Schultheis & Panettieri LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1210 Marcus BoulevardAddressLine1Txt
CityHauppaugeCityNm
State AbbreviationNYStateAbbreviationCd
ZIP117883740ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135615576EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NYC DISTRICT COUNCIL OF CARPENTERSBusinessNameLine1Txt
Business Name Line2WELFARE FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNYCDBusinessNameControlTxt
Phone2123667300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1395 HUDSON STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
Persondavid B stewartPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Signature2017-03-28SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAROL WESTFALLPreparerPersonNm
PTINP00539069PTIN
Phone6312734778PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$966,110,319GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1950FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee94TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$429,972,255PYProgramServiceRevenueAmt
CY Program Service Revenue$478,063,502CYProgramServiceRevenueAmt
PY Investment Income$4,177,538PYInvestmentIncomeAmt
CY Investment Income$4,377,294CYInvestmentIncomeAmt
PY Other Revenue$1,362,055PYOtherRevenueAmt
CY Other Revenue$469,207CYOtherRevenueAmt
PY Total Revenue$435,511,848PYTotalRevenueAmt
CY Total Revenue$482,910,003CYTotalRevenueAmt
PY Grants And Similar Paid$260,750PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$234,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$349,884,469PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$388,074,760CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,419,768PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,825,300CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,113,938PYOtherExpensesAmt
CY Other Expenses$6,638,810CYOtherExpensesAmt
PY Total Expenses$360,678,925PYTotalExpensesAmt
CY Total Expenses$398,773,370CYTotalExpensesAmt
PY Revenues Less Expenses$74,832,923PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$84,136,633CYRevenuesLessExpensesAmt
Total Assets BOY$508,676,744TotalAssetsBOYAmt
Total Assets EOY$618,839,765TotalAssetsEOYAmt
Total Liabilities BOY$123,571,325TotalLiabilitiesBOYAmt
Total Liabilities EOY$147,334,312TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$385,105,419NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$471,505,453NetAssetsOrFundBalancesEOYAmt
MissionTHE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTHE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.Desc
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document3240IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee94EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (true)DelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBOARD OF TRUSTEESPersonNm
Phone2123667300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1395 HUDSON STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DAVID MEBERG
EMP TSTE-CHAIRM2.000.00Yes (X)$0$0$0
PAUL O'BRIEN
EMP TRUSTEE2.000.00Yes (X)$0$0$0
KEVIN O'CALLAGHAN
EMP TRUSTEE2.000.00Yes (X)$0$0$0
CATHERINE CONDON
EMP Trustee2.000.00Yes (X)$0$0$0
JOHN DELOLLIS
EMP TRUSTEE2.000.00Yes (X)$0$0$0
MICHAEL SALGO
EMP TRUSTEE2.000.00Yes (X)$0$0$0
STEPHEN MCINNIS
UNION TRUSTEE2.000.00Yes (X)$0$0$0
JOHN SHEEHY
UNION TRUSTEE2.000.00Yes (X)$0$0$0
PAUL CAPURSO
UNION TRUSTEE2.000.00Yes (X)$0$0$0
PAUL TYZNAR
UNION TRUSTEE2.000.00Yes (X)$0$0$0
MICHAEL CAVANAUGH
UNION TRUSTEE2.000.00Yes (X)$0$0$0
JOSEPH GEIGER
UN tste-chairm2.000.00Yes (X)$0$0$0
DAVID STEWART EFF 616
Executive Dir.40.000.00$0$0$0Yes (X)
regina reardon thru 616
inter exec dir40.000.00$0$0$0Yes (X)
ROBERT LESNIEWSKI eff 616
CFO40.000.00$0$0$0Yes (X)
JENNIFER MENSCHEL thru 616
MEMBER SRVS DIR40.000.00$210,861$0$41,008Yes (X)
CHARLES JACKSON
IT DIRECTOR40.000.00$167,464$0$44,114Yes (X)
DAVID JACOBSEN
CONTROLLER40.000.00$160,909$0$43,762Yes (X)
LUKE POWERS
EMPLY SVCS DIR40.000.00$137,656$0$39,762Yes (X)
NEIL SANDY
HM EXECUTIVE DIR40.000.00$128,078$0$39,082Yes (X)
EDMOND OSHANANI
PROJECT MGR40.000.00$127,477$0$32,670Yes (X)
GINO FIACCO
REMITTANCE MGR40.000.00$124,412$0$38,223Yes (X)
BENJAMIN LAMBERT
tech systems mgr40.000.00$113,463$0$31,268Yes (X)
RYK TIERNEY
FORMER EXECUTIVE DIR0.000.00$143,653$0$19,587Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,313,973TotalReportableCompFromOrgAmt
Total Other Compensation$329,476TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EMPIRE BLUE CROSS
ONE LIBERTY PLAZANEW YORKNY10006HEALTH CLAIM PROCESS$7,351,656
VIRGINIA & AMBINDER LLP
111 BROADWAY SUITE 1403NEW YORKNY10006LEGAL COUNSEL$1,649,584
SCHULTHEIS & PANETTIERI LLP
210 MARCUS BLVDHAUPPAUGENY11788audit/pr audit$1,531,231
novak francella llc
450 seventh avenuenew yorkNY10123pr audit$1,159,053
EXPRESS SCRIPTS INC
100 PARSONS POND DRIVEFRANKLIN LAKESNY10123PRESCR CLAIM PROCESS$1,043,752
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K26CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTION900099$316,839,974$316,839,974
EMPLOYER CONTRIBUTION-VAC900099$144,948,316$144,948,316
MEDICARE DRUG SUBSIDY900099$11,615,876$11,615,876
PARTICIPANT CONTRIBUTIONS900099$4,659,336$4,659,336
FieldValueIRS element (for citing)
Total Program Service Revenue$478,063,502TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,263,761TotalRevenueColumnAmt
Exclusion$5,263,761ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$482,313,849SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$483,200,316SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$886,467SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$886,467TotalRevenueColumnAmt
Exclusion-$886,467ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescLITIGATION/ADMIN FEE INCDesc
Business900099BusinessCd
Total Revenue Column$469,207TotalRevenueColumnAmt
Related Or Exempt Func Income$469,207RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$469,207OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$482,910,003TotalRevenueColumnAmt
Related Or Exempt Func Income$478,532,709RelatedOrExemptFuncIncomeAmt
Exclusion$4,377,294ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$234,500TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$388,074,760TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$709,945TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,477,560TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$719,097TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$755,467TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$163,231TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$186,141TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,605,773TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,425,309TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$583,736TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$492,509TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$386,085TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$24,526TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$604,374TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$22,169TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$166,771TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$174,521TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
NET REIMB TO/FROM RELATED ORG$578,815
OUTSIDE SERVICES$217,014
REPAIRS & MAINTENANCE$128,680
DATA PROCESSING$42,387

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$398,773,370TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$24,198,654BOYAmt
EOY$8,627,757EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$54,699,964BOYAmt
EOY$67,192,357EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,930,419LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,215,004LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,108,940BOYAmt
EOY$1,715,415EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$293,393,631BOYAmt
EOY$379,432,143EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$134,836,619BOYAmt
EOY$161,434,708EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$438,936BOYAmt
EOY$437,385EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$508,676,744BOYAmt
EOY$618,839,765EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,828,131BOYAmt
EOY$2,609,689EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$120,743,194BOYAmt
EOY$144,724,623EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$123,571,325BOYAmt
EOY$147,334,312EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$385,105,419BOYAmt
EOY$471,505,453EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$385,105,419BOYAmt
EOY$471,505,453EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$508,676,744BOYAmt
EOY$618,839,765EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$84,136,633ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,263,401NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$631,826OtherCostOrOtherBasisAmt
Depreciation$92,727DepreciationAmt
Book Value$539,099BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,298,593OtherCostOrOtherBasisAmt
Depreciation$4,122,277DepreciationAmt
Book Value$1,176,316BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,715,415TotalBookValueLandBuildingsAmt
Total Book Value Securities$161,434,708TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
BENE OBLIGATIONS CURRENTLY PAYABLE$65,500,000
contractor surety bonds payable$3,746,876
DUE TO RELATED ORGANIZATION$54,063,139
payable under securites lending$21,414,608
FieldValueIRS element (for citing)
Total Liability$144,724,623TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$484,589,668TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,263,401NetUnrealizedGainsInvstAmt
Revenue Not Reported$2,263,401RevenueNotReportedAmt
Revenue Subtotal$482,326,267RevenueSubtotalAmt
Investment Expenses Not Incld$583,736InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$583,736RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$482,910,003TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$385,689,634TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$385,689,634ExpensesSubtotalAmt
Investment Expenses Not Incld2$583,736InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$12,500,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$13,083,736ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$398,773,370TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart XII, Line 4b: Other revenue amounts included on 990 but not included in F/SFormAndLineReferenceDesc
Explanationchange in benefit oblig. currently payab $12500000ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND CARIBBEANRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$53,930,015RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Spent$53,930,015SubtotalSpentAmt
Total Spent$53,930,015TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd
Total501c3 Org0Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient67RecipientCnt
Cash Grant$234,500CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceAdditional Supplemental InformationFormAndLineReferenceDesc
ExplanationPROCEDURE FOR MONITORING GRANTS IN THE USSCHEDULE I, PART I, LINE 2THE NEW YORK CITY DISTRICT COUNCIL OF CARPENTERS WELFARE FUND MONITORS ITS SCHOLARSHIP PROGRAM ON AN ONGOING BASIS. THE SCHOLARSHIPS AND RECOGNITION PROGRAM, AN INDEPENDENT AND PROFESSIONAL ORGANIZATION OF THE EDUCATION TESTING SERVICE OF PRINCETON, NJ SELECTS ALL SCHOLARSHIP WINNERS BASED ON A NUMBER OF FACTORS SUCH AS HIGH SCHOOL ACADEMIC RECORD, SAT SCORES, MORAL CHARACTER AND LEADERSHIP QUALITIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
CHARLES JACKSON
IT DIRECTOR$167,464$24,192$19,922$211,578
DAVID JACOBSEN
CONTROLLER$160,909$23,840$19,922$204,671
EDMOND OSHANANI
PROJECT MGR$127,477$12,748$19,922$160,147
GINO FIACCO
REMITTANCE MGR$124,412$18,301$19,922$162,635
JENNIFER MENSCHEL thru 616
MEMBER SRVS DIR$210,861$21,086$19,922$251,869
LUKE POWERS
EMPLY SVCS DIR$137,656$19,840$19,922$177,418
NEIL SANDY
HM EXECUTIVE DIR$128,078$19,160$19,922$167,160
RYK TIERNEY
FORMER EXECUTIVE DIR$143,653$9,626$9,961$163,240

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 1a: Relevant information in regards to selections on 1a.FormAndLineReferenceDesc
ExplanationA trustee traveling to an employee benefit educational conference received first-class airfare due to a medical condition which was approved by the administrative committee in accordance with the plan's travel policy. This is not taxable compensation as this transaction satisfied the requirements of an accountable plan.ExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonMICHAEL CAVANAUGHPersonNm
Relationship With OrgFAMILY MEMBERRelationshipWithOrgTxt
Cash Grant$3,500CashGrantAmt
Type Of AssistanceSCHOLARSHIPTypeOfAssistanceTxt
Assistance PurposeCOLLEGEAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
Personlisa jackson rinaldiPersonNm
FieldValueIRS element (for citing)
Relationship Descriptionfamily memberRelationshipDescriptionTxt
Transaction$76,992TransactionAmt
TransactionemploymentTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 3: Description of Delegated Duties to Management CompanyThe nycdcc welfare fund retained healthcare strategies, inc. to provide interim executive director services during the search for a permanent executive director. regina reardon, the president of healthcare strategies, inc, was appointed as interim executive director of the plan.
Form 990, Part VI, Line 11b: Form 990 Review ProcessNYCDCC WELFARE FUND - FORM 990 IS PREPARED BY ITS INDEPENDENT PUBLIC ACCOUNTANT. THE RETURN IS THEN PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW AND SIGNATURE.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsNYCDCC WELFARE FUND MONITORS ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementNYCDCC WELFARE FUND'S BOARD OF TRUSTEES REVIEW COMPENSATION OF ALL EMPLOYEES ON AN ANNUAL BASIS AND VERIFY THAT PERSONS WITH A CONFLICT OF INTEREST WERE NOT INCLUDED IN APPROVAL PROCESS AND DOCUMENT IT IN THE MINUTES.
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableNYCDCC WELFARE FUND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO ALL PARTICIPANTS UPON REQUEST. DOCUMENTS ARE AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
NYC CARPENTERS RELIEF AND CHARITY
395 HUDSON STREETNEW YORKNY10014133490897CHARITABLE ORGANIZATIONNY501(C)(3)9NAfalse
NYCDCC PENSION FUND
395 HUDSON STREETNEW YORKNY10014510174276PENSION FUNDNY501AN/ANAfalse
NYCDCC ANNUITY FUND
395 HUDSON STREETNEW YORKNY10014510174279PENSION FUNDNY501AN/ANAfalse
NYCDCC APPRENTICESHIP JOURNEYMAN
395 HUDSON STREETNEW YORKNY10014132583087RETRAINING AND EDUCATIONAL FUNDNY501(C)32NAfalse
RETIREMENT AND PENSION FUND FOR OFFICERS
395 HUDSON STREETNEW YORKNY10014510167964PENSION FUNDNY501AN/ANAfalse
NYC DISTRICT COUNCIL OF CARPENTERS
395 HUDSON STREETNEW YORKNY10014135569960LABOR ORGANIZATIONNY501(C)5N/ANAfalse
NYC & VICINITY CORP LABOR MGMT CORP
395 HUDSON STREETNEW YORKNY10014562410898LABOR MGMT ORGANIZATIONNY501(C)6N/ANAfalse
the city of new york-office of labor rel
40 RECTOR STREETNEW YORKNY10006LOCAL GOVERNMENTNYN/AN/ANAfalse
LOCAL UNION 1556
395 HUDSON STREETNEW YORKNY10014452787952LABOR ORGANIZATIONNY501(C)(5)N/ANAfalse
LOCAL UNION 2790 OF THE UBC & JA
89-07 ATLANTIC AVENUEWOODHAVENNY11421453052631LABOR ORGANIZATIONNY501(C)(5)N/ANAfalse
UBC AND JOINERS LOCAL 20 CARPENTERS
900 SOUTH AVENUE-SUITE 54STATEN ISLANDNY10314135578155LABOR ORGANIZATIONNY501(C)(5)N/ANAfalse
UBC LOCAL UNION 157
395 HUDSON STREETNEW YORKNY10014133986049labor organizationNY501(c)(5)n/anafalse
ubc and joiners local 740 millwrights
89-07 atlantic avenuewoodhavenNY11421111086465labor organizationNY501(c)(5)n/anafalse
UBC AND RESILIENT FLR COV LOC 2287
395 HUDSON STREETNEW YORKNY10014135591944LABOR ORGANIZATIONNY501(C)(5)N/ANAfalse
UBC LOCAL UNION 45
214-38 HILLSIDE AVENUEQUEENS VILLAGENY11427113415496LABOR ORGANIZATIONNY501(C)(5)N/ANAfalse
UBC LOCAL UNION 926
373 96TH STREETBROOKLYNNY11209113416037LABOR ORGANIZATIONNY501(C)(5)N/ANAfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SUPPLEMENTAL INFORMATIONTHE INFORMATION DISCLOSED ON THE ATTACHED SCHEDULE OF RELATED ORGANIZATIONS IS THAT WHICH WAS AVAILABLE TO THE FILING ORGANIZATION AT THE TIME OF THIS FILING.
SCHEDULE R, PART II AND IV:CERTAIN TRUSTEES LISTED ON PART VII, SECTION A, SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION OR ANY RELATED ORGANIZATION.CERTAIN TRUSTEES LISTED ON PART VII, SECTION A, DO NOT RECEIVE COMPENSATION FROM THIS ORGANIZATION, BUT DO RECEIVE COMPENSATION FROM RELATED ORGANIZATIONS IN THEIR CAPACITY AS EMPLOYEES/OFFICERS OF THOSE ORGANIZATIONS. ACCORDINGLY, THEIR COMPENSATION IS ALREADY REPORTED ON THE FORM 990 OF THOSE RELATED ORGANIZATIONS.