CHICAGO & VICINITY LABORERS DISTRICT COUNCIL HEALTH & WELFARE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: CHICAGO & VICINITY LABORERS DISTRICT COUNCIL HEALTH & WELFARE (EIN 36-2151212)
Tax period: 2010-06-01 to 2011-05-31
Filed: 2012-03-28
IRS object ID: 201240889349300419
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-03-28T11:32:17-05:00	Timestamp
Tax Period End Date	2011-05-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BANSLEY AND KIENER LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	8745 W HIGGINS RD	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60631	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-06-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	362151212	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HEALTH & WELFARE DEPT OF THE CONSTR &	BusinessNameLine1
Business Name Line2	GEN LBRS DIST CNCL OF CH & VICIN	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	HEAL	NameControl
Phone	7085620200	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11465 CERMAK ROAD	AddressLine1
City	WESTCHESTER	City
State	IL	State
ZIP Code	60154	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JAMES S JORGENSEN	Name
Title	ADMINISTRATOR	Title
Phone	7085620200	Phone
Date Signed	2012-03-26	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	PAUL A MERKEL	Name
Phone	3122632700	Phone
Date Prepared	2012-03-26	DatePrepared

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	JAMES S JORGENSEN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	11465 CERMAK ROAD	AddressLine1
City	WESTCHESTER	City
State	IL	State
ZIP Code	60154	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	650362247	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.CHICAGOLABORERSFUNDS.COM	WebSite
Type Of Organization Trust	X	TypeOfOrganizationTrust
Year Formation	1950	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	SEE STATEMENT A	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	96	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	166056774	ProgramServiceRevenuePriorYear
Program Service Revenue CY	177994571	ProgramServiceRevenueCY
Investment Income Prior Year	-2764044	InvestmentIncomePriorYear
Investment Income Current Year	7304047	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	163292730	TotalRevenuePriorYear
Total Revenue Current Year	185298618	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	167093352	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	166550627	BenefitsPaidToMembersCY
Salaries Etc Prior Year	7357558	SalariesEtcPriorYear
Salaries Etc Current Year	7241660	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	4608661	OtherExpensePriorYear
Other Expenses Current Year	4993188	OtherExpensesCurrentYear
Total Expenses Prior Year	179059571	TotalExpensesPriorYear
Total Expenses Current Year	178785475	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-15766841	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	6513143	RevenuesLessExpensesCY
Total Assets BOY	242607122	TotalAssetsBOY
Total Assets EOY	272904803	TotalAssetsEOY
Total Liabilities BOY	101562094	TotalLiabilitiesBOY
Total Liabilities EOY	120117811	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	141045028	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	152786992	NetAssetsOrFundBalancesEOY
Mission Description	THE FUND PROVIDES HEALTH, PRESCRIPTION, DENTAL, VISION AND LOSS OF TIME BENEFITS TO ELIGIBLE PARTICIPANTS AND DEPENDENTS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Description	TO PROVIDE HEALTH, PRESCRIPTION, DENTAL, VISION AND LOSS OF TIME BENEFITS TO ELIGIBLE PARTICIPANTS 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	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	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	0	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	465	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	96	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	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	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	0	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	0	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	0	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
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MR JAMES S JORGENSEN	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	7085620200	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	11465 CERMAK ROAD	AddressLine1
City	WESTCHESTER	City
State	IL	State
ZIP Code	60154	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (21 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
CHARLES GALLAGHER
TRUSTEE	2.50	X	0	0	0
ALAN ESCHE
TRUSTEE	2.50	X	0	0	0
DAVID LORIG
TRUSTEE	2.50	X	0	0	0
TIM SCULLY
TRUSTEE	2.50	X	0	0	0
RICHARD GRABOWSKI
TRUSTEE	2.50	X	0	0	0
DENNIS MARTIN
TRUSTEE	2.50	X	0	0	0
JAMES CONNOLLY
TRUSTEE	2.50	X	0	0	0
MARTIN FLANAGAN
TRUSTEE	2.50	X	0	0	0
RICHARD KUCZKOWSKI
TRUSTEE	2.50	X	0	0	0
SCOTT PAVLIS
TRUSTEE	2.50	X	0	0	0
RICHARD SHERMAN
TRUSTEE	2.50	X	0	0	0
TIM RILEY
TRUSTEE	2.50	X	0	0	0
RYAN HILL
TRUSTEE	2.50	X	0	0	0
CLIFTON HORN
TRUSTEE	2.50	X	0	0	0
CHARLES LOVERDE III
TRUSTEE	2.50	X	0	0	0
JAMES S JORGENSEN
ADMINISTRATOR	15.00		254297	0	113618	X
PATRICK WALLACE
IN-HOUSE FUND ATTORNEY	20.00		130620	0	69578		X
SALLY ETZ
DIRECTOR IS DEPARTMENT	36.00		129085	0	65945		X
EUGENIA MASHOS
DIRECTOR FIELD DEPARTMENT	20.00		118120	0	65658		X
JERROD OLSZEWSKI
IN-HOUSE FUND ATTORNEY	20.00		129021	0	69182		X
LORI WILLIAMS
DIRECTOR CLAIM DEPARTMENT	40.00		117895	0	60597		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	879038	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	444578	TotalOtherCompensation
Number Individuals GT100 K	11	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
ALLISON SLUTSKY & KENNEDYPC
230 W MONROE SUITE 2600	CHICAGO	IL	60606	LEGAL SERVICES	340803
OGLETREE DEAKINSNASH SMOAK & STEWART
20 S CLARK STREET 25TH FLOOR	CHICAGO	IL	60603	LEGAL SERVICES	303144
BANSLEY AND KIENER LLP
8745 W HIGGINS ROAD SUITE 200	CHICAGO	IL	60631	ACCOUNTING SERVICES	286365
THE SEGAL COMPANY
101 N WACKER DRIVE SUITE 500	CHICAGO	IL	60606	BENEFIT CONSULTING AND ACTUARIAL SERVICE	272639
DOWD BLOCH & BENNETT
8 S MICHIGAN AVE 19TH FLOOR	CHICAGO	IL	60603	LEGAL SERVICES	246915

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	7	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
EMPLOYER CONTRIBUTIONS	900099	167063819	167063819
SUPPLEMENTAL EARLY RET	900099	4020979	4020979
COBRA PAYMENTS	900099	3565911	3565911
GOVERNMENT EARLY RETIR	900099	1630795	1630795
LIQUIDATED DAMAGES - D	900099	804078	804078

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	908989	TotalRevenueColumn
Related Or Exempt Function Income	908989	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	177994571	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5875481	TotalRevenueColumn
Exclusion	$5,875,481	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	466492195	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	465063629	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	1428566	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	1428566	TotalRevenueColumn
Exclusion	$1,428,566	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	185298618	TotalRevenueColumn
Related Or Exempt Function Income	177994571	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$7,304,047	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	166550627	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	176348	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3984896	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1472314	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1287425	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	320677	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1274910	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	305576	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	558794	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	290290	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	778071	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	332589	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	433677	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	30802	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	168489	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	136853	Total

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal
OUTSIDE SERVICES	635022
GENERAL EXPENSES	40026
CONTINUED PROFESSIONAL	8089

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	178785475	Total

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	13605833	BOY
EOY	14990520	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	61206	BOY
EOY	267717	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4487481	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	4157999	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	357504	BOY
EOY	329482	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	187644767	BOY
EOY	201451505	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	19453444	BOY
EOY	32133460	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	21484368	BOY
EOY	23732119	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	242607122	BOY
EOY	272904803	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2663435	BOY
EOY	1617781	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	98898659	BOY
EOY	118500030	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	101562094	BOY
EOY	120117811	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	141045028	BOY
EOY	152786992	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	141045028	BOY
EOY	152786992	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	242607122	BOY
EOY	272904803	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	6513143	ReconcilationRevenueExpenses
Reconcilation Other Changes	5228821	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	0	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4304792	OtherCostOrOtherBasis
Depreciation	3982882	Depreciation
Book Value	321910	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	182689	OtherCostOrOtherBasis
Depreciation	175117	Depreciation
Book Value	7572	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	329482	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (4 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
PRIVATE EQUITY PARTNERSHIP	10087395	F
MUTUAL FUNDS	9863744	F
REAL ESTATE INVESTMENT FD	1460574	F
COMMON TRUST FUND	10721747	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	32133460	TotalOfBookValueSecurities

Other Assets OtherAssets (5 entries)

DescriptionDescription	Book ValueBookValue
EMPLOYER CONTRIBUTIONS - NET OF ALLOWANCE	17880456
DUE FROM BROKERS	283256
ACCRUED INTEREST	621864
MEDICAL CLAIMS REIMBURSEMENT	3754360
DUE FROM OTHER FUNDS	1192183

Field	Value	IRS element (for citing)
Total Book Value Other Assets	23732119	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescription	AmountAmount
BANK OVERDRAFT	$1,669,769
CLAIMS CURRENTLY PAYABLE	$3,830,200
ESTIMATED LIABILITIES FOR CLAIMS INCURRED, NOT REPORTED	$15,320,900
ESTIMATED LIABILITIES FOR ACCUMULATED ELIGIBILITY	$70,470,000
ESTIMATED LIABILITY FOR HRA PROGRAM BENEFITS PAYABLE	$18,189,308
NON-CURRENT PENSION LIABILITY	$9,019,853

Field	Value	IRS element (for citing)
Total Of Amounts	118500030	TotalOfAmounts
Total Revenue	185298618	TotalRevenue
Total Expenses	178785475	TotalExpenses
Excess Or Deficit For Year	6513143	ExcessOrDeficitForYear
Net Unrealized GL On Investments	14095537	NetUnrealizedGLOnInvestments
Other	-$8,866,716	OtherAmount
Total Adjustments	5228821	TotalAdjustments
Excess Or Deficit Per FS	11741964	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	198835361	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	14095537	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	14095537	RevenueNotRptdF990
Revenue Subtotal	184739824	RevenueSubtotal
Investment Expenses Not Included	558794	InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt	558794	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	185298618	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	167777008	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	167777008	ExpensesSubtotal
Investment Expenses Not Included2	558794	InvestmentExpensesNotIncluded2
Other Expenses Not Included	10449673	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	11008467	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	178785475	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	ExplanationExplanation
PART XI, LINE 8 - OTHER ADJUSTMENTS:	PENSION-RELATED CHANGES OTHER THAN NET PERIODIC COST 698,414. PIOR YEAR RECORDING OF NON-CURRENT PENSION LIABILITY -9,565,130.
PART XIII, LINE 4B - OTHER ADJUSTMENTS:	INCREASE IN BENEFIT OBLIGATIONS

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Written Employment Contract	X	WrittenEmploymentContract
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 (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
JAMES S JORGENSEN
254297	0	0	0	0	0	0	0	55911	57707	310208	57707	315561	55151
PATRICK WALLACE
130620	0	0	0	0	0	0	0	34789	34789	165409	34789	161973	31960
SALLY ETZ
129085	0	0	0	0	0	0	0	59350	6595	188435	6595	183586	6108
EUGENIA MASHOS
118120	0	0	0	0	0	0	0	32829	32829	150949	32829	147423	29860
JERROD OLSZEWSKI
129021	0	0	0	0	0	0	0	34591	34591	163612	34591	148661	30701
LORI WILLIAMS
117895	0	0	0	0	0	0	0	60597	0	178492	0	174124	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO SUBCOMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 11	THE BOARD AUTHORIZES THE FUND ADMINISTRATOR, JAMES JORGENSEN, TO REVIEW AND APPROVE THE FORM 990 PRIOR TO THE DATE THAT FILING OCCURS WITH THE IRS.
	THE FUND'S LEGAL COUNSEL INFORMS THE BOARD OF TRUSTEES OF THEIR FIDUCIARY OBLIGATIONS AND WHAT CONSTITUTES A CONFLICT OF INTEREST.	FORM 990, PART VI, SECTION B, LINE 12
	THE BOARD OF TRUSTEES DETERMINE AND APPROVE THE SALARY FOR THE OFFICE EMPLOYEES AND THE FUND ADMINISTRATOR, JAMES JORGENSEN. THE FUND ADMINISTRATOR'S SALARY IS PAID BY THE WELFARE FUND AND ALLOCATED WITH AND REIMBURSED BY THE LABORERS' PENSION FUND AND THE LABORERS' STAFF PENSION FUND.
	PARTICIPANTS OF THE FUND MAY REQUEST GOVERNING AND OTHER POLICY DOCUMENTS UPON REQUEST OR THEY MAY ACCESS CERTAIN DOCUMENTS FROM THE FUND'S WEBSITE.	FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:	NET UNREALIZED GAINS ON INVESTMENTS: 14,095,537. PENSION-RELATED CHANGES OTHER THAN NET PERIODIC COST 698,414. PIOR YEAR RECORDING OF NON-CURRENT PENSION LIABILITY -9,565,130. TOTAL TO FORM 990, PART XI, LINE 5: 5,228,821.	FORM 990, PART XI, LINE 5: