SHEET METAL WORKERS-38 INSURANCE AND WELFARE FUND: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- SHEET METAL WORKERS-38 INSURANCE AND WELFARE FUND (EIN 13-1739693)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-10-15
- IRS object ID
- 201542889349301704
- Schema version
- 2014v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-10-15T16:18:26-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 611436956 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVAK FRANCELLA LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 SEVENTH AVENUE SUITE 3500 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131739693 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHEET METAL WORKERS UNION LOCAL 38 | BusinessNameLine1Txt |
| Business Name Line2 | INSURANCE AND WELFARE FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHEE | BusinessNameControlTxt |
| Phone | 8452789633 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 STARR RIDGE ROAD | AddressLine1Txt |
| City | BREWSTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10509 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN TARR | PersonNm |
| Person Title | UNION TRUSTEE | PersonTitleTxt |
| Phone | 8452789633 | PhoneNum |
| Signature | 2015-10-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LOUIS VERZELLA CPA | PreparerPersonNm |
| PTIN | P00360279 | PTIN |
| Phone | 2122794262 | PhoneNum |
| Preparation | 2015-10-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN TARR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 STARR RIDGE ROAD | AddressLine1Txt |
| City | BREWSTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10509 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,962,230 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SHEETMETALLOCAL38.ORG | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1948 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | V.E.B.A. PLAN THAT PROVIDES HOSPITALIZATION, MAJOR MEDICAL, PRESCRIPTION DRUG, DENTAL, VISION, DISABILITY AND DEATH BENEFITS TO MEMBERS AND THEIR DEPENDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,654,815 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,066,824 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,192,781 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,189,744 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $362,370 | CYOtherRevenueAmt |
| PY Total Revenue | $8,847,596 | PYTotalRevenueAmt |
| CY Total Revenue | $8,618,938 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $8,258,865 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $9,066,512 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $345,923 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $394,751 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $265,244 | PYOtherExpensesAmt |
| CY Other Expenses | $328,986 | CYOtherExpensesAmt |
| PY Total Expenses | $8,870,032 | PYTotalExpensesAmt |
| CY Total Expenses | $9,790,249 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$22,436 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,171,311 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $20,515,893 | TotalAssetsBOYAmt |
| Total Assets EOY | $19,281,208 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,369 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $88,344 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,495,524 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,192,864 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE PLAN PROVIDES HOSPITALIZATION, MAJOR MEDICAL, PRESCRIPTION DRUG, DENTAL, VISION, DISABILITY AND DEATH BENEFITS TO MEMBERS AND THEIR DEPENDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE PLAN PROVIDES HOSPITALIZATION, MAJOR MEDICAL, PRESCRIPTION DRUG, DENTAL, VISION, DISABILITY AND DEATH BENEFITS TO MEMBERS AND THEIR DEPENDENTS. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUND MANAGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8452789633 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 STARR RIDGE ROAD | AddressLine1Txt |
| City | BREWSTER | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10509 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| LAWRENCE STURGIS | |||||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DENNIS LAVOPA | |||||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GILBERT LESTER JR | |||||||
| UNION TRUSTEE | 2.00 | Yes (X) | $0 | $112,736 | $0 | 40.00 | |
| JOHN TARR | |||||||
| UNION TRUSTEE | 2.00 | Yes (X) | $0 | $119,768 | $0 | 40.00 | |
| JAMES D'ANNIBALE | |||||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS COLOMBO JR | |||||||
| UNION TRUSTEE | 2.00 | Yes (X) | $0 | $112,737 | $0 | ||
| RICHARD P PAGANO | |||||||
| UNION TRUSTEE (P) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD P PAGANO | |||||||
| FUND MANAGER | 2.00 | $74,556 | $18,523 | $80,713 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $74,556 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $363,764 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $80,713 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AETNA INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 13049 | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07188 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CLAIMS ADMINISTRATION | ServicesDesc |
| Compensation | $276,578 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 525100 | $6,832,023 | $6,832,023 |
| PARTICIPANT CONTRIBUTIO | 525100 | $190,590 | $190,590 |
| COBRA CONTRIBUTIONS | 525100 | $44,211 | $44,211 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,066,824 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $444,362 | TotalRevenueColumnAmt |
| Exclusion | $444,362 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,088,674 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,343,292 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $745,382 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $745,382 | TotalRevenueColumnAmt |
| Exclusion | $745,382 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| STOP LOSS REIMBURSEMENT | 525100 | $360,253 | $360,253 | |
| OTHER INCOME | 900099 | $2,117 | $2,117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $362,370 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,618,938 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,427,077 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,191,861 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,066,512 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,626 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,298 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,271 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,556 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,554 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,593 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,085 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,500 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,503 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,688 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,786 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,460 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,471 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,804 | TotalAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| FEES MANDATED BY THE AF | $60,490 |
| TRUSTEE EXPENSES | $2,052 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,790,249 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,488,508 | BOYAmt |
| EOY | $1,221,714 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $876,455 | BOYAmt |
| EOY | $455,709 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,514 | BOYAmt |
| EOY | $632,227 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,642,416 | BOYAmt |
| EOY | $16,971,558 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,515,893 | BOYAmt |
| EOY | $19,281,208 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $764 | BOYAmt |
| EOY | $5,938 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,605 | BOYAmt |
| EOY | $82,406 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,369 | BOYAmt |
| EOY | $88,344 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,495,524 | BOYAmt |
| EOY | $19,192,864 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,495,524 | BOYAmt |
| EOY | $19,192,864 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,515,893 | BOYAmt |
| EOY | $19,281,208 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,171,311 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$131,349 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO PROFIT SHARING FUND | $25,796 |
| FEES MANDATED BY THE AFFORDABLE CARE ACT | $56,610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $82,406 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,109,251 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$131,349 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$131,349 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,240,600 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $18,085 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $360,253 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $378,338 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,618,938 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,411,911 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,411,911 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $18,085 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $360,253 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $378,338 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,790,249 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | 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 U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, PLAN TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE PLAN. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STOP LOSS REIMBURSEMENT 360,253. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STOP LOSS REIMBURSEMENT 360,253. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD P PAGANO | PersonNm |
| Title | FUND MANAGER | TitleTxt |
| Base Compensation Filing Org | $74,556 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $18,523 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $30,771 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $4,388 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $39,869 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $5,685 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $145,196 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $28,596 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | SHEET METAL WORKERS UNION LOCAL 38 INSURANCE AND WELFARE FUND'S FORM 990 IS PREPARED BY ITS INDEPENDENT PUBLIC ACCOUNTANT WHO THEN FORWARDS THE COMPLETED FORM TO THE FUND' ADMINISTRATOR FOR REVIEW. THE ADMINISTRATOR THEN PRESENTS THE FORM 990 TO THE FUND'S GOVERNING BODY FOR REVIEW AND SIGNATURE. |
| FORM 990, PART VI, SECTION C, LINE 19 | SHEET METAL WORKERS UNION LOCAL 38 INSURANCE AND WELFARE FUND'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII | LAWRENCE STURGIS - 1 PAULDING STREET, ELMSFORD, NY 10523. DENNIS LAVOPA - 3590 ROUTE 9, COLD SPRING OFFICE PARK, COLD SPRING, NY 10516. |
| FORM 990, PART XII, LINE 2C: | SHEET METAL WORKERS UNION LOCAL 38 INSURANCE AND WELFARE FUND'S GOVERNING BODY IS RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT PUBLIC ACCOUNTANT THAT PERFORMS THE AUDIT. THERE HAS BEEN NO CHANGE FROM TEH PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| SHEET METAL WORKERS UNION LOCAL 38 VACATION FUND | ||||||||
| 38 STARR RIDGE ROAD | BREWSTER | NY | 10509 | 136109887 | VEBA TRUST | NY | 501(C)(9) | 0 |
| SHEET METAL WORKERS UNION LOCAL 38 PROFIT SHARING PLAN | ||||||||
| 38 STARR RIDGE ROAD | BREWSTER | NY | 10509 | 133319872 | PENSION FUND | NY | 401(A)/501(A) | 0 |
| SHEET METAL WORKERS UNION LOCAL 38 CRAFT TRAINING FUND | ||||||||
| 38 STARR RIDGE ROAD | BREWSTER | NY | 10509 | 132622315 | TRAINING FUND | NY | 501(C)(3) | 0 |
| SHEET METAL WORKERS UNION LOCAL 38 | ||||||||
| 38 STARR RIDGE ROAD | BREWSTER | NY | 10509 | 131739691 | LABOR UNION | NY | 501(C)(5) | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (104 entries)
| Legal Domicile StateLegalDomicileStateCd |
|---|
| A & M HEATING & |
| NY |
| A BORRELLI HVAC |
| NY |
| A PROKOSCH & SON |
| NY |
| ABM AIR COND & HEATING |
| NY |
| ACCESS RISK MANAGEMENT |
| NY |
| ACCU-TEMP |
| CT |
| ACTION CHUTES INC |
| NY |
| AES MECHANICAL |
| AL |
| AIR POWER INC |
| NY |
| AIRFLOW AC HEATING & REFRIG |
| NY |
| AIRTECH OF STAMFORD INC |
| CT |
| ALL PANEL SYSTEMS LLC |
| CT |
| ALL-CITY METAL INC |
| NY |
| ALLIANCE HEATING & AIR CONDITION |
| CT |
| ALM HEATING & AIR COND INC |
| NY |
| AMX CONTRACTING CORP |
| NY |
| AMX COOLING & HEATING LLC |
| NY |
| ANDREW CANELA ROOFING |
| NJ |
| APOLLO HVAC CORP |
| NY |
| BARRETT SHEET METAL |
| CT |
| BELL ENERGY MANAGEMENT |
| NY |
| BENINATI ROOFING & SM CO INC |
| NY |
| BONLAND INDUSTRIES INC |
| NJ |
| C & C SERVICE |
| CT |
| C B STRAIN & SON |
| NY |
| CAQS INC |
| NY |
| CAREY & WALSH INC |
| NY |
| CELTIC SHEET METAL |
| NY |
| CFM TEST & BALANCE CORP |
| CT |
| CHRIS ANDERSON ROOFING |
| NJ |
| COLDSTAT REFRIGERATION |
| NJ |
| CRAFT TRAINING FUND |
| NY |
| CUSTOM COPPER |
| CT |
| CUSTOM EXTERIOR SYSTEMS INC |
| NY |
| D L FLOW TECH INC |
| NY |
| DONALD CREADORE CO INC |
| NY |
| DUTCHESS MECHANICAL INC |
| NY |
| EAST COAST TES ADJ& BALANCE |
| CT |
| EGAN GLASS |
| NY |
| ELIZABETH CONTRACTING CORP |
| NY |
| ELMSFORD SHEET METAL WORKS |
| NY |
| EMF TECHNICAL SERVICES INC |
| NY |
| FIRST CLASS SHEET METAL INC |
| CT |
| GENERAL SHEET METAL WORKS |
| CT |
| GREENWOOD INDUSTRIES |
| MA |
| HALDEAN SHEET METAL |
| NY |
| HARDEN SHEET METAL INC |
| NY |
| HUDSON VALLEY GLASS |
| NY |
| HUDSON VALLEY ROOFING & |
| NY |
| INTERNATIONAL CONTRACTORS CORP |
| NY |
| INTERNATIONAL SHEET METAL |
| NJ |
| J&M HEATING & AIR CONDITIONING |
| NY |
| JANSON'S ASSOCIATES |
| NJ |
| JESSANG CORP DBA TAPSEXPRESS |
| NY |
| JORDAN PANEL SYSTEMS |
| NY |
| KATONAH ROOFING CO INC |
| NY |
| KIRK & BLUM-CECO ENVIRONMENTAL |
| IN |
| KJC WATERPROOFING INC |
| NJ |
| KLAIRGAR INC |
| NY |
| KNM SHEET METAL INC |
| NY |
| LANDMARK OF RIDGEFIELD |
| NY |
| LINK METAL FINISHING CORP |
| NY |
| M GOTTFRIED INC |
| CT |
| MAJOR METALS INC |
| NY |
| MENGLER MECHANICAL INC |
| NY |
| MEP MECHANICAL SERVICES |
| WI |
| METROPOLIS HVAC CONTRACTORS |
| NY |
| METROPOLITAN CONSTRUCTION SYST |
| NY |
| MIDTOWN HVAC ENTERPRISE |
| NY |
| MILCON |
| NY |
| MOHAWK VALLEY SHEETMETAL |
| NY |
| MT PLEASANT AIR CONDHEAT |
| NY |
| MW METALS (QUALITY ROOFING) |
| MI |
| NORTHERN TEST & BALANCING CORP |
| CT |
| ORANGE COUNTY SHEET METAL |
| NY |
| OSMAN LTD |
| NY |
| PEARL RIVER SHEET METAL INC |
| NY |
| PINE TREE ENVIRONMENTAL SVCS |
| NY |
| R S ROOFING & SHEETMETAL CO |
| NY |
| RAMS MECHANICAL INC |
| NY |
| RBSP MECHANICAL |
| NY |
| REARDEN METAL WORKS LLC |
| NY |
| RKB SHEET METAL INC |
| NY |
| SENSIBLE SHEET METAL |
| NJ |
| SINGER HOLDING CORP |
| NY |
| STEELTECH BUILDING PROD |
| CT |
| TACONIC HEATING & COOLING CORP |
| NY |
| TESTING & BALANCING |
| NY |
| THOMAS J KEMPTON JR INC |
| NY |
| TITAN ROOFING INC |
| MA |
| TOUGHER MECHANICAL |
| NY |
| TURNER MECHANICAL SERVICES INC |
| CT |
| U S TEST & BALANCE |
| NY |
| US ALLEGRO INC |
| NY |
| VALLEY SHEET METAL CORP |
| NY |
| VAMCO SHEET METAL INC |
| NY |
| WAREHOUSE STORE FIXTURE |
| CT |
| WEATHERMASTER ROOFING |
| NY |
| WESTAL CONTRACTING CORP |
| NY |
| WILLCO SALES |
| CT |
| YANKEE SHEET METAL CO INC |
| CT |
| YONKERS CONTRACTING COMP |
| NY |
| YOUR CHOICE MECHANICAL |
| NY |
| ZODIAC INDUSTRIES INC |
| NY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| SHEET METAL WORKERS LOCAL 38 CRAFT TRAINING FUND | ||
| K | $74,786 | FMV |
| SHEET METAL WORKERS LOCAL 38 PROFIT SHARING FUND | ||
| O | $259,030 | FMV |