LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LOCAL 522 WELFARE FUND OF NEW YORK & NEW JERSEY (EIN 22-6062063)
- Tax period
- 2024-08-01 to 2025-07-31
- Filed
- 2026-04-14
- IRS object ID
- 202641049349301739
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-14T16:50:30-05:00 | ReturnTs |
| Tax Period End | 2025-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470900880 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIBRE CPA GROUP PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 462 SEVENTH AVENUE 16TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 226062063 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOCAL 522 WELFARE | BusinessNameLine1Txt |
| Business Name Line2 | FUND OF NEW YORK AND NEW JERSEY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOCA | BusinessNameControlTxt |
| Phone | 7188592326 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2137 UTICA AVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11234 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES KANE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 7188592326 | PhoneNum |
| Signature | 2026-04-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH MORELLO | PreparerPersonNm |
| PTIN | P02146706 | PTIN |
| Phone | 2126951300 | PhoneNum |
| Preparation | 2026-04-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES KANE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2137 UTICA AVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11234 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $36,125,066 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1954 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $28,081,105 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,869,970 | CYProgramServiceRevenueAmt |
| PY Investment Income | $813,933 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,597,824 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $28,895,038 | PYTotalRevenueAmt |
| CY Total Revenue | $25,467,794 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $30,047,433 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $28,207,856 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $785,961 | PYOtherExpensesAmt |
| CY Other Expenses | $900,327 | CYOtherExpensesAmt |
| PY Total Expenses | $30,833,394 | PYTotalExpensesAmt |
| CY Total Expenses | $29,108,183 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,938,356 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,640,389 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,196,784 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,107,164 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,001,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,615,204 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,195,784 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,491,960 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE PLAN PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7188592326 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2137 UTICA AVE | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11234 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JAMES KANE | ||||||
| TRUSTEE | 2.00 | 40.00 | Yes (X) | $0 | $116,600 | $50,060 |
| DANIEL KANE SR | ||||||
| TRUSTEE | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 |
| JOHN WAGNER | ||||||
| TRUSTEE | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 |
| DENNIS MCGUIRE | ||||||
| TRUSTEE | 2.00 | 2.00 | Yes (X) | $2,000 | $2,000 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $118,600 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $50,060 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AETNA LIFE INSURANCE CO | |||||
| 151 FARMINGTON AVENUE | HARTFORD | CT | 06156 | MEDICAL ADMINISTRATOR | $861,550 |
| UNITED TEAMSTER FUND | |||||
| 2137 UTICA AVENUE | BROOKLYN | NY | 11234 | THIRD PARTY ADMINISTRATOR | $564,250 |
| DJ O'GRADY CONSULTANT | |||||
| 3219 E TREMONT AVENUE | BRONX | NY | 10461 | MENTAL HEALTH CONSULTING | $187,303 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 525100 | $23,846,335 | $23,846,335 |
| COBRA CONTRIBUTIONS | 525100 | $23,635 | $23,635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,869,970 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $175,531 | TotalRevenueColumnAmt |
| Exclusion | $175,531 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,079,565 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,657,272 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,422,293 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,422,293 | TotalRevenueColumnAmt |
| Exclusion | $1,422,293 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,467,794 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,869,970 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,597,824 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,207,856 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,403 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,738 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,951 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $600,250 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,020 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,634 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,331 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,108,183 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,792 | BOYAmt |
| EOY | $317,966 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $940,665 | BOYAmt |
| EOY | $410,281 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,682,015 | BOYAmt |
| EOY | $2,510,537 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,993 | BOYAmt |
| EOY | $110,527 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,338,319 | BOYAmt |
| EOY | $2,757,853 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,196,784 | BOYAmt |
| EOY | $6,107,164 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,000 | BOYAmt |
| EOY | $75,204 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,930,000 | BOYAmt |
| EOY | $4,540,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,001,000 | BOYAmt |
| EOY | $4,615,204 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,195,784 | BOYAmt |
| EOY | $1,491,960 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,195,784 | BOYAmt |
| EOY | $1,491,960 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,196,784 | BOYAmt |
| EOY | $6,107,164 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,640,389 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,068,518 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,083 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLAIMS INCURRED BUT NOT REPORTED | Desc |
| Amt | $4,540,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,540,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,385,408 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,068,518 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $5,083 | OtherRevenueAmt |
| Revenue Not Reported | -$1,063,435 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,448,843 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $18,951 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $18,951 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,467,794 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,479,232 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $29,479,232 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $18,951 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$390,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$371,049 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $29,108,183 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE PLAN TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF JULY 31, 2025 AND 2024, THERE WERE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | MISCELLANEOUS INVESTMENT INCOME 2,664. OTHER INCOME LITIGATION SETTLEMENT 2,419. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DECREASE IN BENEFIT OBLIGATIONS -390,000. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES KANE | PersonNm |
| Title | TRUSTEE | TitleTxt |
| Base Compensation Filing Org | $0 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $115,601 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $999 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $34,190 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $15,870 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $0 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $166,660 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | LINE 2 EXPLANATION - JAMES KANE AND DANIEL KANE, SR. - FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11B EXPLANATION - THE RETURN PREPARER E-MAILS A COPY OF THE FORM 990 TO THE PLAN ADMINISTRATOR AND TRUSTEES FOR THEIR REVIEW AND APPROVAL. INQUIRES ARE MADE TO THE PREPARER AS NEEDED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FUND'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH ITS ANNUAL FORM 5500 FILING WITH THE DOL AND IRS. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | MISCELLANEOUS INVESTMENT INCOME 2,664. OTHER INCOME LITIGATION SETTLEMENT 2,419. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| LOCAL UNION 522 IBT | ||||||||
| 1308 PIERCE STREET | RAHWAY | NJ | 07065 | 221585985 | LABOR UNION | NY | 501(C)(5) | 0 |
| LOCAL 522 PENSION FUND | ||||||||
| 2137 UTICA AVE | BROOKLYN | NY | 11234 | 116171611 | PENSION BENEFIT FUND | NY | 501(A) | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (76 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|
| 700 SHORE ROAD WATERSEDGE | |
| CONTRIBUTING EMPLOYER | 0 |
| AABR INC | |
| CONTRIBUTING EMPLOYER | 0 |
| ABBE LUMBER | |
| CONTRIBUTING EMPLOYER | 0 |
| ABCO REFRIGERATION | |
| CONTRIBUTING EMPLOYER | 0 |
| ABM INDUSTRY | |
| CONTRIBUTING EMPLOYER | 0 |
| ALLIED BUILDING PRODUCT CORP | |
| CONTRIBUTING EMPLOYER | 0 |
| BAY RIDGE NISSAN | |
| CONTRIBUTING EMPLOYER | 0 |
| BEARINGS LIMITED | |
| CONTRIBUTING EMPLOYER | 0 |
| BIRCH LUMBER | |
| CONTRIBUTING EMPLOYER | 0 |
| BROOKLYN AUDI | |
| CONTRIBUTING EMPLOYER | 0 |
| BROWN BUILDERS | |
| CONTRIBUTING EMPLOYER | 0 |
| BUILDERS GENERAL SUPPLY | |
| CONTRIBUTING EMPLOYER | 0 |
| CBF TRUCKING INC | |
| CONTRIBUTING EMPLOYER | 0 |
| CITY LUMBER | |
| CONTRIBUTING EMPLOYER | 0 |
| COLGATE RENTALS CORP | |
| CONTRIBUTING EMPLOYER | 0 |
| CORE MAIN | |
| CONTRIBUTING EMPLOYER | 0 |
| CUSTOM EP LLC | |
| CONTRIBUTING EMPLOYER | 0 |
| DEEPDALE COUNTRY CLUB | |
| CONTRIBUTING EMPLOYER | 0 |
| ELCONGDON & SONS | |
| CONTRIBUTING EMPLOYER | 0 |
| EASTERN MILLWORK | |
| CONTRIBUTING EMPLOYER | 0 |
| EASTERN STEEL | |
| CONTRIBUTING EMPLOYER | 0 |
| ELECTRONIC HARDWARE CORP | |
| CONTRIBUTING EMPLOYER | 0 |
| FERRARA LUMBER CORP | |
| CONTRIBUTING EMPLOYER | 0 |
| FIREBIRD FREIGHT | |
| CONTRIBUTING EMPLOYER | 0 |
| FRED'S SERVICE CENTER | |
| CONTRIBUTING EMPLOYER | 0 |
| FRESH MEADOWS COUNTRY CLUB | |
| CONTRIBUTING EMPLOYER | 0 |
| GARBER BUILDING SUPPLIES | |
| CONTRIBUTING EMPLOYER | 0 |
| GARDEN STATE LUMBER PRODUCTS | |
| CONTRIBUTING EMPLOYER | 0 |
| GEMTOR | |
| CONTRIBUTING EMPLOYER | 0 |
| GERSHOW RECYCLING CORP | |
| CONTRIBUTING EMPLOYER | 0 |
| I RAUCH'S & SONS | |
| CONTRIBUTING EMPLOYER | 0 |
| ISLAND AUTOMOTIVE | |
| CONTRIBUTING EMPLOYER | 0 |
| J ALPERIN | |
| CONTRIBUTING EMPLOYER | 0 |
| JAD CORP | |
| CONTRIBUTING EMPLOYER | 0 |
| JFK TRUCKING | |
| CONTRIBUTING EMPLOYER | 0 |
| KINGS AUTOMOTIVE | |
| CONTRIBUTING EMPLOYER | 0 |
| KSK AUTOMOTIVE | |
| CONTRIBUTING EMPLOYER | 0 |
| LENOBLE | |
| CONTRIBUTING EMPLOYER | 0 |
| LOCAL UNION NO 522 | |
| CONTRIBUTING EMPLOYER | 0 |
| MANUFACTURES RESERVE SUPPLY | |
| CONTRIBUTING EMPLOYER | 0 |
| MAYFLOWER SALES CO | |
| CONTRIBUTING EMPLOYER | 0 |
| MERCURY PAINT | |
| CONTRIBUTING EMPLOYER | 0 |
| MILLERS AUTO PARTS OF MT KISKO | |
| CONTRIBUTING EMPLOYER | 0 |
| MOTIVE PARTS | |
| CONTRIBUTING EMPLOYER | 0 |
| MRZ TRUCKING | |
| CONTRIBUTING EMPLOYER | 0 |
| NEAT HEAT CLIMATE CONTROL | |
| CONTRIBUTING EMPLOYER | 0 |
| NEW ERA LUMBER | |
| CONTRIBUTING EMPLOYER | 0 |
| OMNI RECYCLING OF WESTBURY | |
| CONTRIBUTING EMPLOYER | 0 |
| OMNI RECYCLING OF INWOOD | |
| CONTRIBUTING EMPLOYER | 0 |
| OPERATIVE CAKE | |
| CONTRIBUTING EMPLOYER | 0 |
| PARTS AUTHORITY | |
| CONTRIBUTING EMPLOYER | 0 |
| POINT BAY FUEL | |
| CONTRIBUTING EMPLOYER | 0 |
| POST AIR FREIGHT TRUCKING | |
| CONTRIBUTING EMPLOYER | 0 |
| PRIME AUTO PARTS | |
| CONTRIBUTING EMPLOYER | 0 |
| PRO LINE WAREHOUSING | |
| CONTRIBUTING EMPLOYER | 0 |
| PUBLIC SERVICE TRUCK | |
| CONTRIBUTING EMPLOYER | 0 |
| RAMADA PLAZA | |
| CONTRIBUTING EMPLOYER | 0 |
| RONDI AUTOMOBILE | |
| CONTRIBUTING EMPLOYER | 0 |
| ROSENZWEIG LUMBER COMPANY | |
| CONTRIBUTING EMPLOYER | 0 |
| RP BAKING LLC | |
| CONTRIBUTING EMPLOYER | 0 |
| S&J SHEET METAL SUPPLY | |
| CONTRIBUTING EMPLOYER | 0 |
| SFELDMAN | |
| CONTRIBUTING EMPLOYER | 0 |
| SHEA NASSAU SUFFOLK DELIVERY | |
| CONTRIBUTING EMPLOYER | 0 |
| SHORE POINT DISTRIBUTING | |
| CONTRIBUTING EMPLOYER | 0 |
| SKYLINE WINDOWS | |
| CONTRIBUTING EMPLOYER | 0 |
| SRS DISTRIBUTION | |
| CONTRIBUTING EMPLOYER | 0 |
| STATION AUTO PARTS & PAINT | |
| CONTRIBUTING EMPLOYER | 0 |
| STEEL BUILDING COMPONENTS LLC | |
| CONTRIBUTING EMPLOYER | 0 |
| SYSTEM FREIGHT | |
| CONTRIBUTING EMPLOYER | 0 |
| TIFFANY LUMBER COM | |
| CONTRIBUTING EMPLOYER | 0 |
| TILDEN HUNTINGTON | |
| CONTRIBUTING EMPLOYER | 0 |
| TULNOY LUMBER | |
| CONTRIBUTING EMPLOYER | 0 |
| TYLER DISTRIBUTION CENTERS | |
| CONTRIBUTING EMPLOYER | 0 |
| UNITED SUPPLY | |
| CONTRIBUTING EMPLOYER | 0 |
| WORLD TRADE CFS LLC | |
| CONTRIBUTING EMPLOYER | 0 |
| WIL-BAR | |
| CONTRIBUTING EMPLOYER | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |