NOITU INSURANCE TRUST FUND: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NOITU INSURANCE TRUST FUND (EIN 11-1740492)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-05
- IRS object ID
- 201203109349300420
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-05T09:41:43-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131578842 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUCHBINDER TUNICK & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PENN PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 101190219 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111740492 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOITU INSURANCE TRUST FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NOIT | NameControl |
| Phone | 7182913434 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148-06 HILLSIDE AVENUE | AddressLine1 |
| City | JAMAICA | City |
| State | NY | State |
| ZIP Code | 114353331 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CANDICE STARK | Name |
| Title | CO-ADMINISTRATOR | Title |
| Phone | 7182913434 | Phone |
| Date Signed | 2012-10-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00293700 | PTIN |
| Phone | 2126955003 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CANDICE STARK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148-06 HILLSIDE AVENUE | AddressLine1 |
| City | JAMAICA | City |
| State | NY | State |
| ZIP Code | 114353331 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 46710065 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NOITU.ORG | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1954 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | MULTI-EMPLOYER ERISA HEALTH & WELFARE PLAN PROVIDING HEALTH BENEFITS FOR MEMBERS AND THEIR DEPENDENTS OF THE NATIONAL ORGANIZATION OF INDUSTRIAL TRADE UNIONS AND ITS AFFILIATED LOCALS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 34 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 30952931 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 31681702 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 358413 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3717151 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 558317 | OtherRevenuePriorYear |
| Other Revenue Current Year | 434014 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 31869661 | TotalRevenuePriorYear |
| Total Revenue Current Year | 35832867 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 27045370 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 25633364 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3468003 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3796269 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3509000 | OtherExpensePriorYear |
| Other Expenses Current Year | 3005426 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 34022373 | TotalExpensesPriorYear |
| Total Expenses Current Year | 32435059 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2152712 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3397808 | RevenuesLessExpensesCY |
| Total Assets BOY | 60296246 | TotalAssetsBOY |
| Total Assets EOY | 63773413 | TotalAssetsEOY |
| Total Liabilities BOY | 3904970 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4985400 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 56391276 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 58788013 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE HEALTH BENEFITS TO PARTICIPANTS AND DEPENDENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE FUND PROVIDES HOSPITAL, MEDICAL, SURGICAL, PRESCRIPTION DRUG, OPTICAL AND DEATH BENEFITS TO APPROXIMATELY 5,500 PARTICIPANTS AND THEIR DEPENDENTS. IN ADDITION, THE FUND'S MEDICAL AND DENTAL CENTERS PROVIDE MEDICAL AND DENTAL EXAMINATIONS AND TREATMENT TO PARTICIPANTS AND THEIR DEPENDENTS. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 234 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 34 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 4 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN O'DONNELLCONTROLLERCO NOITU INSURANCE TRUST FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7182913434 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148-06 HILLSIDE AVE | AddressLine1 |
| City | JAMAICA | City |
| State | NY | State |
| ZIP Code | 114353331 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DANIEL LASKY | |||||||
| CO-ADMINISTRATOR/UNION TRUSTEE | 39.00 | X | X | 183000 | 0 | 0 | |
| CANDICE STARK | |||||||
| CO-ADMINISTRATOR/UNION TRUSTEE | 45.00 | X | X | 203795 | 8100 | 62128 | |
| GERALD HUSTICK JR | |||||||
| UNION TRUSTEE | 24.00 | X | 0 | 0 | 0 | ||
| PEDRO PACHECHO | |||||||
| UNION TRUSTEE | 23.00 | X | 0 | 0 | 0 | ||
| DONALD SASLOW | |||||||
| EMPLOYER TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT ROGOFF | |||||||
| EMPLOYER TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| IRWIN SIEGEL | |||||||
| EMPLOYER TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| CHARLES REICHMANN | |||||||
| EMPLOYER TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| SUSAN BRENARD | |||||||
| ALTERNATE UNION TRUSTEE | 49.00 | X | 198619 | 0 | 62128 | ||
| KEVIN O'DONNELL | |||||||
| CONTROLLER | 37.00 | 160529 | 14285 | 62076 | X | ||
| ARTHUR ORZANO | |||||||
| DEPT SUPERVISOR-BENEFITS | 40.00 | 161557 | 0 | 42208 | X | ||
| DAVID LIEBERMAN | |||||||
| DENTIST | 40.00 | 121267 | 0 | 47082 | X | ||
| RAVI KUTTALIL | |||||||
| COMPUTER TECHNICIAN | 40.00 | 116872 | 0 | 28321 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1145639 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 22385 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 303943 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| PROSKAUER ROSE LLP | |||||
| 11 TIMES SQUARE | NEW YORK | NY | 10036 | LEGAL SERVICES | 227769 |
| DANIEL LASKY | |||||
| 148-06 HILLSIDE AVE | JAMAICA | NY | 11435 | CONTRACT ADMINISTRATOR | 183000 |
| LISA M SOLOMON | |||||
| 305 MADISON AVE STE4700 | NEW YORK | NY | 10165 | LEGAL SERVICES | 175011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | 31229579 | 31229579 |
| COBRA & AT LARGE MEMBE | 900099 | 452123 | 452123 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 31681702 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 329460 | TotalRevenueColumn |
| Exclusion | $329,460 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 6211 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 6211 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6211 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6211 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12505889 | Securities |
| Other | 1759000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9881091 | Securities |
| Other | 996107 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2624798 | Securities |
| Other | 762893 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3387691 | TotalRevenueColumn |
| Exclusion | $3,387,691 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PRESCRIPTION DRUG REHA | 900099 | 227486 | 227486 |
| REIMBURSED EXPENSES | 900099 | 109772 | 109772 |
| ORTHODONTIC FEES | 900099 | 77764 | 77764 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12781 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12781 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 427803 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35832867 | TotalRevenueColumn |
| Related Or Exempt Function Income | 32115716 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,717,151 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25633364 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1145639 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1791978 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 494846 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138950 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224856 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 248315 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54124 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110811 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80747 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241513 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198806 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 361821 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 487 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29542 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 372851 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31004 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| CLAIMS ADJUDICATION | 732556 |
| POSTRETIREMENT BENEFITS | 327703 |
| MEDICAL CLAIMS CONSULTA | 118777 |
| AUTOMOBILE RENTAL | 66251 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30118 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32435059 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 204820 | BOY |
| EOY | 201982 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1320439 | BOY |
| EOY | 10872457 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55996 | BOY |
| EOY | 51401 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79890 | BOY |
| EOY | 68540 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2722028 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1664338 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2731105 | BOY |
| EOY | 1057690 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4706329 | BOY |
| EOY | 6672295 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45250975 | BOY |
| EOY | 37163516 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5759440 | BOY |
| EOY | 5759440 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187252 | BOY |
| EOY | 1926092 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60296246 | BOY |
| EOY | 63773413 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72985 | BOY |
| EOY | 383291 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3831985 | BOY |
| EOY | 4602109 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3904970 | BOY |
| EOY | 4985400 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56391276 | BOY |
| EOY | 58788013 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56391276 | BOY |
| EOY | 58788013 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60296246 | BOY |
| EOY | 63773413 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3397808 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1001071 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 783045 | OtherCostOrOtherBasis |
| Depreciation | 245718 | Depreciation |
| Book Value | 537327 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1938983 | OtherCostOrOtherBasis |
| Depreciation | 1418620 | Depreciation |
| Book Value | 520363 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1057690 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PRUDENTIAL INTERNATIONAL EQUITY FUND | 2879682 | F |
| PRUDENTIAL S&P PRIDEX FUND | 9011571 | F |
| LONG VIEW CORE BOND COM COLL TRUST FD | 25272263 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 37163516 | TotalOfBookValueSecurities |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NOITU ORGANIZATION BUILDING CORP | Description |
| Book Value | 5759440 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 5759440 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO RELATED ENTITIES | $94,134 |
| SEVERANCE PAYABLE | $1,139,889 |
| CONTRIBUTIONS RECEIVED IN ADVANCE | $601,647 |
| OBLIGATION | $2,766,439 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4602109 | TotalOfAmounts |
| Total Revenue | 35832867 | TotalRevenue |
| Total Expenses | 32435059 | TotalExpenses |
| Excess Or Deficit For Year | 3397808 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1001071 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -1001071 | TotalAdjustments |
| Excess Or Deficit Per FS | 2396737 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 34611213 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1001071 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -1001071 | RevenueNotRptdF990 |
| Revenue Subtotal | 35612284 | RevenueSubtotal |
| Investment Expenses Not Included | 110811 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 109772 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 220583 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 35832867 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 32214476 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 32214476 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 110811 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 109772 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 220583 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 32435059 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SCHEDULE D,PART XII,LINE 4B OTHER AND PART XIII, LINE 4B OTHER REIMBURSEMENT OF EXPENSES SHOWN AS A REDUCTION OF EXPENSES ON THE FINANCIAL STATEMENTS BUT SHOWN AS PART OF REVENUE ON FORM 990. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DANIEL LASKY | |||||||||||||
| 183000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 183000 | 0 | 0 | 0 |
| CANDICE STARK | |||||||||||||
| 194545 | 7800 | 9250 | 300 | 0 | 0 | 49000 | 0 | 13128 | 0 | 265923 | 8100 | 0 | 0 |
| SUSAN BRENARD | |||||||||||||
| 189113 | 0 | 9506 | 0 | 0 | 0 | 49000 | 0 | 13128 | 0 | 260747 | 0 | 0 | 0 |
| KEVIN O'DONNELL | |||||||||||||
| 153384 | 13785 | 7145 | 500 | 0 | 0 | 44948 | 4000 | 13128 | 0 | 218605 | 18285 | 0 | 0 |
| ARTHUR ORZANO | |||||||||||||
| 155788 | 0 | 5769 | 0 | 0 | 0 | 29080 | 0 | 13128 | 0 | 203765 | 0 | 0 | 0 |
| DAVID LIEBERMAN | |||||||||||||
| 116753 | 0 | 4514 | 0 | 0 | 0 | 33954 | 0 | 13128 | 0 | 168349 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | THE TRUST FUND HAS A NONQUALIFIED SEVERANCE PLAN WHICH IS UNFUNDED. THE LIABILITY IS RECORDED ON THE FINANCIAL STATEMENTS. THE PLAN CAN BE TERMINATED AT ANY TIME AT THE TRUSTEES DISCRETION. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFREY STARK DPM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SPOUSE OF TRUSTEE | Relationship |
| Amount Of Transaction | 100200 | AmountOfTransaction |
| Description Of Transaction | PROVIDER FEES FOR PODIATRY SERVICES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | A CO-ADMINISTRATOR, CANDICE STARK AND A PLAN TRUSTEE, SUSAN BRENARD ARE THE DAUGHTERS OF THE OTHER CO-ADMINISTRATOR, DANIEL LASKY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PREPARED BY THE ACCOUNTING DEPARTMENT,REVIEWED BY THE CONTROLLER,AND SUBMITTED TO THE CO-ADMINISTRATORS FOR REVIEW. A COPY OF THIS RETURN WILL BE DISTRIBUTED TO THE TRUSTEES PRIOR TO THE FILING ON 11/15/12. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS OFFICERS,DIRECTORS,TRUSTEES AND KEY EMPLOYEES PREPARE A DISCLOSURE STATEMENT WHICH IS REVIEWED BY THE BOARD OF TRUSTEES. | |
| THERE ARE ANNUAL REVIEWS AND WRITTEN EVALUATIONS WHICH ARE APPROVED BY THE PLAN CO-ADMINISTRATORS. | ||
| FORM 990, PART VI, SECTION C, LINE 19 | A COPY OF THE DECLARATION OF TRUST IS PROVIDED TO EACH EMPLOYER.COPIES ARE KEPT ON FILE AND OTHER DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,001,071. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| THE BOARD OF TRUSTEES ACTS AS THE AUDIT COMMITTEE AND THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ORGANIZATION BUILDING CORP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 148-06 HILLSIDE AVENUE | AddressLine1 |
| City | JAMAICA | City |
| State | NY | State |
| ZIP Code | 11435 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200475220 | EIN |
| Primary Activities | TITLE HOLDING CORP FOR EXEMPT ORGANIZATION | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(C)2 | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOITU INSURANCE TRUST FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NOITU ORGANIZATION BUILDING CORPORATION | ||
| J | 348146 | LEASE AGREEMENT |
| NOITU ORGANIZATION BUILDING CORPORATION | ||
| N | 99600 | ALLOCATION STUDY |