MASSACHUSETTS LABORERS HEALTH AND WELFARE FUND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MASSACHUSETTS LABORERS HEALTH AND WELFARE FUND (EIN 04-2214296)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-01
- IRS object ID
- 201230619349302708
- Schema version
- 2010v3.4
- 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 | 2012-03-01T15:16:14-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SASLOW LUFKIN & BUGGY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TEN TOWER LANE | AddressLine1 |
| City | AVON | City |
| State | CT | State |
| ZIP Code | 06001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042214296 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS LABORERS' HEALTH & WELFARE FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MASS | NameControl |
| Phone | 7812721000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 NEW ENGLAND EXECUTIVE PARK NO | AddressLine1 |
| Address Line2 | 200 | AddressLine2 |
| City | BURLINGTON | City |
| State | MA | State |
| ZIP Code | 018030900 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BARRY C MCANARNEY | Name |
| Title | FUND ADMINISTRATOR | Title |
| Phone | 7812721000 | Phone |
| Date Signed | 2012-03-01 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8606789200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BARRY C MCANARNEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 NEW ENGLAND EXECUTIVE PARK NO | AddressLine1 |
| Address Line2 | 200 | AddressLine2 |
| City | BURLINGTON | City |
| State | MA | State |
| ZIP Code | 018030900 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 153050693 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1952 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE HEALTH AND WELFARE BENEFITS FOR MEMBERS OF THE UNION, THEIR FAMILIES AND DEPENDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 36 | 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 | 69289013 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 80860765 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9331377 | InvestmentIncomePriorYear |
| Investment Income Current Year | 13906591 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 124117 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 78620390 | TotalRevenuePriorYear |
| Total Revenue Current Year | 94891473 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 63412186 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 65900329 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1025865 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1502798 | 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 | 5416753 | OtherExpensePriorYear |
| Other Expenses Current Year | 5003703 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 69854804 | TotalExpensesPriorYear |
| Total Expenses Current Year | 72406830 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8765586 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 22484643 | RevenuesLessExpensesCY |
| Total Assets BOY | 231051212 | TotalAssetsBOY |
| Total Assets EOY | 275151046 | TotalAssetsEOY |
| Total Liabilities BOY | 117303113 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 121039911 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 113748099 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 154111135 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE HEALTH AND WELFARE BENEFITS FOR MEMBERS OF THE UNION, THEIR FAMILIES AND DEPENDENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | TO PROVIDE HEALTH AND WELFARE BENEFITS FOR MEMBERS OF THE UNION, THEIR FAMILIES AND DEPENDENTS. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| 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 | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | 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 | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 306 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 36 | 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 | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | 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 | BARRY C MCANARNEY FUND ADMINISTRATOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7812721000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 NEW ENGLAND EXEC PARK | AddressLine1 |
| City | BURLINGTON | City |
| State | MA | State |
| ZIP Code | 018030900 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 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 | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| LOUIS MANDARINI JR | ||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| JOSEPH BONFIGLIO | ||||||||
| CO-CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| RICHARD MCCOURT | ||||||||
| CO-SECR./TREAS. | 1.00 | X | X | 0 | 0 | 0 | ||
| THOMAS J GUNNING | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS C TROY JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM SULLIVAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JEFF CORCORAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS ANDREWS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| BARRY MCANARNEY | ||||||||
| EXECUTIVE DIRECTOR | 18.00 | X | 88194 | 107793 | 20500 | |||
| RONALD DOYLE | ||||||||
| DIRECTOR OF HEALTH & WELFARE FD. | 40.00 | X | 109005 | 0 | 10800 | X | ||
| JOHN FARINA SR | ||||||||
| FORMER SECR./TREAS. | 1.00 | 0 | 0 | 0 | X | |||
| DOUGLAS WATSON | ||||||||
| FORMER TRUSTEE (RET'D. 6/10) | 1.00 | 0 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 197199 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 107793 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 31300 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SEGAL COMPANY | |||||
| 116 HUNTINGTON AVENUE 8TH FLOOR | BOSTON | MA | 02116 | CONSULTING | 208425 |
| LOOMIS-SAYLES & CO | |||||
| ONE FINANCIAL CENTER 34TH FLOOR | BOSTON | MA | 02111 | INVESTMENT MGMT. | 167189 |
| STATE STREET CORPORATION | |||||
| 1200 CROWN COLONY DRIVE | QUINCY | MA | 02169 | INVESTMENT MGMT. | 126455 |
| MARQUE MILLENIUM CAP MGMT | |||||
| 850 THIRD AVENUE 18TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT MGMT. | 119191 |
| SEGAL ROITMAN LLP | |||||
| 111 DEVONSHIRE STREET | BOSTON | MA | 02109 | INVESTMENT MGMT. | 104745 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EMPLOYER CONTRIBUTIONS | Description |
| Business Code | 525100 | BusinessCode |
| Total Revenue Column | 80860765 | TotalRevenueColumn |
| Related Or Exempt Function Income | 80860765 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 80860765 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6310884 | TotalRevenueColumn |
| Exclusion | $6,310,884 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 65754927 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 58159220 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7595707 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7595707 | TotalRevenueColumn |
| Exclusion | $7,595,707 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 124117 | TotalRevenueColumn |
| Exclusion | $124,117 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 124117 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94891473 | TotalRevenueColumn |
| Related Or Exempt Function Income | 80860765 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $14,030,708 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65900329 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 302751 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 712580 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 410833 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76634 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215647 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58441 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 412835 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 293100 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 190895 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103053 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193879 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10206 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62203 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14425 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38156 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| BCBS ACCESS AND ADMIN. | 3374837 |
| MISCELLANEOUS EXPENSE | 16628 |
| BANK FEES | 11188 |
| DUES AND SUBSCRIPTIONS | 4131 |
| RENTAL EXPENSE | 4079 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72406830 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3925566 | BOY |
| EOY | 3941846 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8848279 | BOY |
| EOY | 10704640 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26298 | BOY |
| EOY | 2011979 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 727642 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 727642 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14425 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 218226848 | BOY |
| EOY | 258479681 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9796 | BOY |
| EOY | 12900 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 231051212 | BOY |
| EOY | 275151046 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1280290 | BOY |
| EOY | 1264584 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116022823 | BOY |
| EOY | 119775327 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117303113 | BOY |
| EOY | 121039911 | 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 | 113748099 | BOY |
| EOY | 154111135 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113748099 | BOY |
| EOY | 154111135 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 231051212 | BOY |
| EOY | 275151046 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 22484643 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 17878393 | 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 Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 99721 | InvestmentCostOrOtherBasis |
| Depreciation | 99721 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 627921 | InvestmentCostOrOtherBasis |
| Depreciation | 627921 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SHORT TERM INVESTMENT FUNDS | 1431595 | F |
| BONDS AND NOTES | 3524 | F |
| COMMON AND PREFERRED STOCKS | 17705352 | F |
| COMMON COLLECTIVE TRUSTS | 191606518 | F |
| REGISTERED INVESTMENT COMPANY | 22214186 | F |
| LIMITED PARTNERSHIP | 17392786 | F |
| LIMITED LIABILITY COMPANIES | 8125720 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 258479681 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LIABILITY FOR FUTURE BENEFITS | $70,320,000 |
| LIABILITY FOR UNPROCESSED CLAIMS AND IBNR | $6,657,000 |
| POST-RETIREMENT BENEFITS OBLIGATION | $42,798,327 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 119775327 | TotalOfAmounts |
| Total Revenue | 94891473 | TotalRevenue |
| Total Expenses | 72406830 | TotalExpenses |
| Excess Or Deficit For Year | 22484643 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 17878393 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 17878393 | TotalAdjustments |
| Excess Or Deficit Per FS | 40363036 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 112357031 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 17878393 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 17878393 | RevenueNotRptdF990 |
| Revenue Subtotal | 94478638 | RevenueSubtotal |
| Investment Expenses Not Included | 412835 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 412835 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 94891473 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 66944918 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 66944918 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 412835 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 5049077 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 5461912 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 72406830 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE FUND ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH CERTAIN PROVISIONS OF FASB ASC 740, "INCOME TAXES," WHICH PROVIDES A FRAMEWORK FOR HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR FINANCIAL STATEMENTS. UNDER FASB ASC 740, THE FUND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FUND DID NOT RECORD ANY UNRECOGNIZED TAX BENEFITS FOR THE YEAR ENDING JUNE 30, 2011 AND 2010. THEREFORE, FASB ASC 740 HAD NO IMPACT ON THE 2011 AND 2010 FINANCIAL STATEMENTS. THE FUND ANTICIPATES THAT IT WILL NOT HAVE A CHANGE IN UNRECOGNIZED TAX BENEFITS DURING THE NEXT TWELVE MONTHS THAT WOULD HAVE A MATERIAL IMPACT ON THE FUND'S FINANCIAL STATEMENTS. THE FUND'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAXES AS A COMPONENT OF INTEREST AND PENALTY EXPENSE. AS OF AND FOR THE YEAR ENDING JUNE 30, 2011 AND 2010, THE FUND DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. THE FUND'S PRIOR THREE TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN BENEFITS OBLIGATION 5,049,077. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BARRY MCANARNEY | NamePerson |
| Base Compensation Filing Org | 88194 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 107793 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 9225 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 11275 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 97419 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 119068 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE INITIAL REVIEW OF THE FORM 990 IS PERFORMED BY THE ACCOUNTING/AUDITING DIRECTOR AFTER THE INDEPENDENT AUDITORS HAVE PREPARED AND PROCESSED THE TAX RETURN. THE EXECUTIVE DIRECTOR PERFORMS A FINAL REVIEW BEFORE THE FORM 990 IS FILED. AT THE FIRST BOARD MEETING FOLLOWING THE FILING OF THE RETURN, FORM 990 IS PRESENTED BY THE EXECUTIVE DIRECTOR, AT WHICH TIME THE BOARD DISCUSSES AND APPROVES THE RETURN AS FILED. | |
| EACH TRUSTEE AND MEMBER OF THE BOARD MUST ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT A COPY OF THE CONFLICT OF INTEREST POLICY WAS RECEIVED AND READ, AND ANY POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED. EACH TRUSTEE AND MEMBER MUST ALSO AFFIRM THAT THEY UNDERSTAND THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH ITS PROVISIONS. POTENTIAL CONFLICTS BROUGHT BEFORE THE BOARD ARE REVIEWED AND APPROPRIATE RESOLUTION, CORRECTIVE ACTION OR DISCIPLINARY ACTION IS TAKEN AS NECESSARY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| A YEARLY MEETING IS HELD WITH THE ADMINISTRATIVE COMMITTEE AND THE BOARD OF TRUSTEES TO REVIEW PERFORMANCE AND TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. THE LAST COMPENSATION REVIEW OCCURED ON JANUARY 18, 2012. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 17,878,393. | FORM 990, PART XI, LINE 5: |
| THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS, AND FOR THE SELECTION OF AN INDEPENDENT AUDITING FIRM. THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR AUDITOR SELECTION OR FINANCIAL STATEMENT AUDIT OVERSIGHT FROM THE PRIOR YEAR. | FORM 990, PART XI, LINE 2C: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS LABORERS' ANNUITY FUND | ||||||||||
| 14 NEW ENGLAND EXECUTIVE PARK SUITE | BURLINGTON | MA | 018030900 | 046553616 | ANNUITY FUND | MA | 401(A); 501(A) | N/A | N/A | 0 |
| MASSACHUSETTS LABORERS' PENSION FUND | ||||||||||
| 14 NEW ENGLAND EXECUTIVE PARK SUITE | BURLINGTON | MA | 018030900 | 046128298 | PENSION FUND | MA | 401(A); 501(A) | N/A | N/A | 0 |
| MASSACHUSETTS LABORERS' LEGAL SERVICES FUND | ||||||||||
| 14 NEW ENGLAND EXECUTIVE PARK SUITE | BURLINGTON | MA | 018035201 | 046357603 | WELFARE BENEFIT PLAN | MA | 501(C)(9) | N/A | N/A | 0 |
| LABORERS' PENSION - BURLINGTON INVESTMENT CORP | ||||||||||
| 14 NEW ENGLAND EXECUTIVE PARK SUITE | BURLINGTON | MA | 018030900 | 043249480 | REAL ESTATE TITLE HOLDING COMPANY | MA | 501(C)(25) | N/A | N/A | 0 |
| 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 | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| LABORERS' PENSION - BURLINGTON INVESTMENT CORP | ||
| J | 187749 | CASH TRANSFERRED |
| THE ORGANIZATION PARTICIPATES IN A JOINT OPERATING ACCOUNT FUND WITH THE | ||
| O | 7923 | CASH TRANSFERRED |
| MASS LABORERS'S PENSION FUND AND THE MASS LABORERS' ANNUITY FUND | ||
| P | ||
| THIS JOINT OPERATING ACCOUNT IS UTILIZED AS A MECHANISM FOR THE RELATED | ||
| FUNDS TO TRACK AND SETTLE VARIOUS SHARED COMMON COSTS | ||