NEW ENGLAND ELECTRICAL WORKERS BENEFIT FUND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NEW ENGLAND ELECTRICAL WORKERS BENEFIT FUND (EIN 06-0860627)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-09-29
- IRS object ID
- 201132729349300508
- 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 | 2011-09-29T10:48:21-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVAK FRANCELLA LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PRESIDENTIAL BLVD SUITE 330 | AddressLine1 |
| City | BALA CYNWYD | City |
| State | PA | State |
| ZIP Code | 19004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060860627 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW ENGLAND ELECTRICAL WORKERS BENEFITS FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWE | NameControl |
| Phone | 2032697741 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O INS PROGRAMMERS INC10 TECHNOLOG | AddressLine1 |
| Address Line2 | DRIVE | AddressLine2 |
| City | WALLINGFORD | City |
| State | CT | State |
| ZIP Code | 06492 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JERRY BELANGER | Name |
| Title | TRUSTEE | Title |
| Phone | 2032697741 | Phone |
| Date Signed | 2011-09-29 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LOUIS VERZELLA CPA | Name |
| Phone | 6106689400 | Phone |
| Date Prepared | 2011-09-28 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JERRY BELANGER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 WEST STREET | AddressLine1 |
| City | WALPOLE | City |
| State | MA | State |
| ZIP Code | 02081 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 58690164 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1977 | YearFormation |
| State Legal Domicile | CT | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE HEALTH BENEFITS AND LIFE INSURANCE TO PARTICIPANTS OF THE PLAN. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | 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 | 34090740 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 39673822 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 904806 | InvestmentIncomePriorYear |
| Investment Income Current Year | 548777 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 673987 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2034 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 35669533 | TotalRevenuePriorYear |
| Total Revenue Current Year | 40224633 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 37798282 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 39842368 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | 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 | 3192071 | OtherExpensePriorYear |
| Other Expenses Current Year | 2979467 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 40990353 | TotalExpensesPriorYear |
| Total Expenses Current Year | 42821835 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -5320820 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2597202 | RevenuesLessExpensesCY |
| Total Assets BOY | 16004852 | TotalAssetsBOY |
| Total Assets EOY | 13126332 | TotalAssetsEOY |
| Total Liabilities BOY | 1210752 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 528442 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14794100 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 12597890 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE HEALTH BENEFITS AND LIFE INSURANCE TO PARTICIPANTS OF THE PLAN. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | HEALTH AND WELFARE PAYMENTS FOR MEMBERS BENEFITS. A TOTAL OF APPROXIMATELY 3,468 PERSONS WERE PARTICIPANTS IN OR BENEFICIARY OF THE PLAN DURING THE YEAR. | 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 | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | 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 | 0 | 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 | 3354 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 1 | 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 | INSURANCE PROGRAMMERS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2032697741 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5817 | AddressLine1 |
| City | WALLINGFORD | City |
| State | CT | State |
| ZIP Code | 06492 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| GLENN KINGSBURY | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| JERRY BELANGER | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| THOMAS M DRISCOLL | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| MICHAEL GILCHRIST | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| CYNTHIA PHINNEY | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| SEBASTIAN TROVATO | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| TILER F EATON | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| JOSEPH M CASEY | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| DANIEL D'ALMA | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| MILTON R MOFFITT JR | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| RICHARD DEERING | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| G THOMAS CHABOT | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| DAVID FENTON | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| STEPHEN SCARPONI | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| MICHAEL SMITH | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| JEFFREY WIMETTE | |||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | 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 |
|---|---|---|---|---|---|
| INSURANCE PROGRAMMERS INC | |||||
| 10 TECHNOLOGY DRIVE | WALLINGFORD | CT | 06492 | CLAIMS ADMINISTRATION AND THIRD PARTY AD | 1085570 |
| ANTHEM BC BS OF CONNETICUT | |||||
| 307 BASSETT ROAD | NORTH HAVEN | CT | 06473 | CLAIMS ADMINISTRATION | 761439 |
| CIGNA | |||||
| 123 YORK STREET | NEW HAVEN | CT | 06511 | CLAIMS ADMINISTRATION | 648863 |
| NOVAK FRANCELLA LLC | |||||
| ONE PRESIDENTIAL BLVD STE 330 | BALA CYNWYD | PA | 19004 | ACCOUNTING | 109800 |
| ROBERT M CHEVERIE & ASSOC PC | |||||
| 333 E RIVER DR STE 101 | EAST HARTFORD | CT | 06108 | ATORNEY | 103638 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 525100 | 36653662 | 36653662 |
| SELF PAY CONTRIBUTIONS | 525100 | 2432039 | 2432039 |
| COBRA PREMIUM ASSISTAN | 525100 | 588121 | 588121 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 39673822 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 453760 | TotalRevenueColumn |
| Exclusion | $453,760 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18560548 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18465531 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 95017 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 95017 | TotalRevenueColumn |
| Exclusion | $95,017 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MISCELLANEOUS | 900099 | 1923 | $1,923 |
| SETTLEMENT PROCEEDS | 900099 | 111 | $111 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2034 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40224633 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39673822 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $550,811 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39842368 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113965 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110175 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51088 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35000 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66355 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 912 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35311 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3294 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| HEALTH CLAIMS MANAGEME | 1477751 |
| THIRD PARTY CLAIMS ADMI | 767815 |
| THIRD PARTY ADMINISTRAT | 317755 |
| PRESCRIPTION CARD ADMIN | 46 |
| MEMBERSHIP DUES | 0 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42821835 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1822803 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 596201 | BOY |
| EOY | 312988 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15408651 | BOY |
| EOY | 10990541 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16004852 | BOY |
| EOY | 13126332 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249410 | BOY |
| EOY | 490494 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 961342 | BOY |
| EOY | 37948 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1210752 | BOY |
| EOY | 528442 | 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 | 2984801 | BOY |
| EOY | 2984801 | 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 | 11809299 | BOY |
| EOY | 9613089 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14794100 | BOY |
| EOY | 12597890 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16004852 | BOY |
| EOY | 13126332 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2597202 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 400992 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Other | X | MethodOfAccountingOther |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ESCROW LIABILITY | Description |
| Amount | $37,948 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 37948 | TotalOfAmounts |
| Total Revenue | 40224633 | TotalRevenue |
| Total Expenses | 42821835 | TotalExpenses |
| Excess Or Deficit For Year | -2597202 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 350703 | NetUnrealizedGLOnInvestments |
| Other | $50,289 | OtherAmount |
| Total Adjustments | 400992 | TotalAdjustments |
| Excess Or Deficit Per FS | -2196210 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 41586403 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 350703 | NetUnrealizedGainsInvestments |
| Other Revenues | 1046910 | OtherRevenues |
| Revenue Not Rptd F990 | 1397613 | RevenueNotRptdF990 |
| Revenue Subtotal | 40188790 | RevenueSubtotal |
| Investment Expenses Not Included | 43853 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -8010 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 35843 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 40224633 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 43589664 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 825528 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 825528 | ExpensesNotRptdF990 |
| Expenses Subtotal | 42764136 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 43853 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 13846 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 57699 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 42821835 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | MERGER PROCEEDS AND ELIGIBILITY BUY-IN 50,289. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN RECEIVABLES 702,289. CHANGE IN ACCRUED INCOME -19,988. CHANGE IN EARLY RETIREE REINSURANCE PROGRAM REC'L 364,609. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN ACCRUED ACCOUNTS PAYABLE -8,010. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN ACCOUNTS RECEIVABLE 825,528. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN ACCOUNTS PAYABLE 13,846. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | NEW ENGLAND ELECTRICAL WORKERS BENEFITS FUND HAS NO OTHER COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF THE NEW ENGLAND ELECTRICAL WORKERS BENEFITS FUND'S FORM 990 IS PROVIDED TO THE THIRD PARTY ADMINISTRATOR AND LEGAL COUNSEL AND REVIEWED. AFTER THEIR REVIEW, A COPY IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL. | |
| NEW ENGLAND ELECTRICAL WORKERS BENEFITS FUND'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON AN AS REQUESTED BASIS. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC | GLENN KINGSBURY - 106 RIVER STREET, WEST NEWTON, MA 02465. JERRY BELANGER - 18 HIGHWOOD AVE, OAKVILLE, CT 06779. THOMAS M. DRISCOLL - 45 BRADLEY DRIVE, WESTBROOK, ME 04092. MICHAEL GILCHRIST - 700 WHITE PLAINS ROAD, STE 271, SCARSDALE, NY 10583. CYNTHIA PHINNEY - 16 OLD WINTHROP ROAD, MANCHESTER, ME 04351. SEBASTIAN TROVATO - 127 COSTELLO ROAD, NEWINGTON, CT 06111. TILER F. EATON - 130 WEST STREET, WALPOLE, MA 02081. JOSEPH M. CASEY - 48 AIRPORT ROAD, CONCORD, NH 03301. DANIEL D'ALMA - 185 INDUSTRY AVENUE, SPRINGFIELD, MA 01104. MILTON R. MOFFITT, JR - 107 MIDDLE ROAD, SOUTHAMPTON, MA 01073. RICHARD DEERING - 379 WETHERELL STREET, MANCHESTER, CT 06045. G. THOMAS CHABOT - 3 GREGORY DRIVE, SOUTH BURLINGTON, VT 05403. DAVID FENTON - 111 RHODE ISLAND ROAD, LAKEVILLE, MA 02347. STEPHEN SCARPONI - 45 ALLEN STREET, UNIT 5, ROCHESTER, NH 03867. MICHAEL SMITH - 88A DOVER ROAD, DURHAM, NH 03824. JEFFREY WIMETTE - 238 GODDARD ROAD, LEWISTON, ME 04240. | FORM 990, PART VII |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 350,703. MERGER PROCEEDS AND ELIGIBILITY BUY-IN 50,289. TOTAL TO FORM 990, PART XI, LINE 5: 400,992. | FORM 990, PART XI, LINE 5: |
| NEW ENGLAND ELECTRICAL WORKERS BENEFITS FUND'S FINANCIAL STATEMENTS ARE PREPARED USING THE ACCRUAL BASIS OF ACCOUNTING. | FORM 990, PART XII, LINE 1: | |
| THE BOARD OF TRUSTEES ASSUMES RESPONSILBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. | 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 | NEW ENGLAND ELECTRICAL WORKERS MONEY PURCHASE PLAN AND TRUST | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5817 | AddressLine1 |
| City | WALLINGFORD | City |
| State | CT | State |
| ZIP Code | 06492 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060962207 | EIN |
| Primary Activities | PENSION FUND | PrimaryActivities |
| Legal Domicile State | CT | LegalDomicileState |
| Exempt Code Section | 401(A)/501(A) | ExemptCodeSection |
| Controlled Org | 0 | 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 | 0 | 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 | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |