2025-11-14T13:19:43-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 136132502 IBEW - 363 WELFARE FUND IBEW 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 PAMELA BROWN PLAN ADMINISTRATOR 8457833500 2025-11-14 1 1 JON S GAGLIARDI CPA P00528721 9082727000 2024 2025-03-06 01:10:19Z PAMELA BROWN 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 51941443 0 X WWW.IBEWLU363.ORG X 1956 NY TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS 12 8 15 0 0 0 0 0 29312497 30135980 2452988 2080527 518370 542152 32283855 32758659 0 0 26343215 27697525 745534 711680 0 0 0 715804 751200 27804553 29160405 4479302 3598254 55678439 61524722 11970843 13333505 43707596 48191217 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 2 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 8 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 SAMUEL FRATTO UNION TRUSTEE 1.00 39.00 X 0 258880 61230 STEVE NEUGEBAUER UNION TRUSTEE 1.00 39.00 X 0 179920 61230 JOHN DICKSON UNION TRUSTEE 1.00 39.00 X 0 88392 30803 JOHN A MARAIA UNION TRUSTEE 1.00 39.00 X 0 179920 61230 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 SCHWARZBECK 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 NICK HEIM UNION TRUSTEE 1.00 X 0 0 0 FRANK PERUGINO UNION TRUSTEE 1.00 X 0 183920 61230 PAMELA BROWN PLAN ADMINISTRATOR 12.00 28.00 X 179920 0 61230 179920 891032 336953 1 0 1 0 AETNA 151 FARMINGTON AVENUE HARTFORD CT 06156 CLAIMS PROCESSING 216710 ARIA EMPLOYEE BENEFIT SERVICES INC 371 MERRICK ROAD ROCKVILLE CENTRE NY 11570 CLAIMS PROCESSING 166958 MORGAN STANLEY SMITH BARNEY LLC 1585 BROADWAY AVENUE NEW YORK NY 10036 INVESTMENT MANAGER 120510 3 EMPLOYERS' CONTRIBUTIONS 900099 27114500 27114500 MEMBERS' CONTRIBUTIONS 900099 1835618 1835618 RETIREE DRUG SUBSIDY 900099 1185862 1185862 30135980 1086600 1086600 20176711 19182784 993927 993927 993927 REIMBURSED BY AFFILIATES 900099 529843 529843 MISCELLANEOUS INCOME 900099 12309 12309 542152 32758659 30678132 0 2080527 27697525 179920 243629 111452 143118 33561 18809 35330 120510 416025 73978 44167 17520 1794 16199 AFFORDABLE CARE ACT FEE 6868 29160405 2222459 4607502 15069622 16987991 3794063 3431727 80151 64961 16984 15190 34450128 36345901 125183 136411 55678439 61524722 26530 18215 11944313 13315290 11970843 13333505 X 0 0 0 0 43707596 48191217 43707596 48191217 55678439 61524722 3598254 885367 0 X X 0 1 X 1 0 80151 64961 15190 15190 BENEFIT OBLIGATIONS PAYABLE 1981000 MEMBERS' VACATION PAYABLE 10991964 CONTRACTORS' SECURITY DEPOSITS 144867 RECIPROCALS PAYABLE 109428 DUE TO RELATED FUND 77642 DUE TO BROKER 10389 13315290 X 32993673 885367 885367 32108306 120510 529843 650353 32758659 28260052 -529843 -529843 28789895 120510 250000 370510 29160405 PART X, LINE 2: THE PLAN OBTAINED ITS LATEST DETERMINATION LETTER ON APRIL 27, 1979, IN WHICH THE INTERNAL REVENUE SERVICE (IRS) STATES THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS 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 IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. 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 529,843. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS -529,843. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATIONS PAYABLE 250,000. X 0 0 0 SAMUEL FRATTO UNION TRUSTEE 0 258880 0 0 0 0 0 37382 0 23848 0 320110 0 0 FRANK PERUGINO UNION TRUSTEE 0 183920 0 0 0 0 0 37382 0 23848 0 245150 0 0 STEVE NEUGEBAUER UNION TRUSTEE 0 179920 0 0 0 0 0 37382 0 23848 0 241150 0 0 JOHN A MARAIA UNION TRUSTEE 0 179920 0 0 0 0 0 37382 0 23848 0 241150 0 0 PAMELA BROWN PLAN ADMINISTRATOR 179920 0 0 0 0 0 37382 0 23848 0 241150 0 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 THE PRIOR YEARS. 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 17520 USAGE OF BUILDING IBEW #363 MONEY PURCHASE PENSION FUND Q 152497 TIME ANALYSIS IBEW #363 GENERAL FUND Q 44269 TIME ANALYSIS IBEW #363 APPRENTICE FUND Q 133458 TIME ANALYSIS IBEW #363 PENSION FUND Q 159534 TIME ANALYSIS IBEW #363 SUB FUND Q 41700 TIME ANALYSIS IBEW #363 GENERAL FUND P 26513 TIME ANALYSIS/USAGE OF EXPENSES