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Nonprofiteer
← BUILDING SERVICE 32BJ HEALTH FUND

Form 990 for tax year 2023

Filed by BUILDING SERVICE 32BJ HEALTH FUND.

Totals

Total revenue
$1,795,933,953
Total expenses
$1,643,426,374
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,745,905,244
Investment income
$37,082,788
Other revenue
$12,945,921
Total assets, end of year
$2,980,252,468
Total liabilities, end of year
$75,545,694
Net assets or fund balances, end of year
$2,904,706,774
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: EMPLOYERS' CONTRIBUTIONS

    total $1,745,025,096 · related or exempt $1,745,025,096

  • 2b · Program service revenue: PARTICIPANTS' CONTRIBUTIONS

    total $880,148 · related or exempt $880,148

  • 3 · Investment income

    total $24,003,395 · excluded $24,003,395

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $6,720,763

  • 6c · Rental income or loss

    real property $6,720,763 · personal property $0

  • 6d · Net rental income or loss

    total $6,720,763 · excluded $6,720,763

  • 7a · Gross sales of assets other than inventory

    securities $374,125,035

  • 7b · Less cost or other basis and sales expenses

    securities $361,045,642

  • 7c · Gain or loss

    securities $13,079,393

  • 7d · Net gain or loss

    total $13,079,393 · excluded $13,079,393

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: INTEREST INCOME - EMPLOYERS

    total $6,188,900 · excluded $6,188,900

  • 11b · Other revenue: LIQUIDATED DAMAGES - EMPLOYERS

    total $32,970 · excluded $32,970

  • 11c · Other revenue: OTHER INCOME

    total $3,288 · excluded $3,288

  • 11e · Other revenue, total

    $6,225,158

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $1,520,380,746

  • 5 · Compensation of officers, directors and key employees

    total $1,330,551

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $26,159,631

  • 8 · Pension plan contributions

    total $3,900,117

  • 9 · Other employee benefits

    total $3,983,356

  • 10 · Payroll taxes

    total $2,254,249

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $2,101,229

  • 11c · Fees: accounting

    total $2,841,582

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $1,733,634

  • 11g · Fees: other

    total $57,060,411

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $1,545,865

  • 14 · Information technology

    total $2,268,150

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $6,792,758

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $156,446

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $7,538,255

  • 23 · Insurance

    total $516,290

  • 24a · Other expenses: AFFORDABLE CARE ACT FEES

    total $496,592

  • 24b · Other expenses: BENEFIT COMMUNICATIONS

    total $784,591

  • 24c · Other expenses: COMPLIANCE PUBLICATIONS

    total $1,581,921

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $141,137,493 · end of year $109,435,448

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $175,507,711 · end of year $186,150,317

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,866,998 · end of year $7,990,042

  • 10a · Land, buildings and equipment: cost or other basis

    $220,164,695

  • 10b · Land, buildings and equipment: accumulated depreciation

    $65,838,832

  • 10c · Land, buildings and equipment, net

    beginning of year $146,114,785 · end of year $154,325,863

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $592,841,849

  • 12 · Investments: other securities

    beginning of year $2,108,657,728 · end of year $1,876,105,056

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $25,608,573 · end of year $53,403,893

  • 17 · Accounts payable and accrued expenses

    beginning of year $37,651,191 · end of year $74,563,797

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $981,897

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,567,242,097 · end of year $2,904,706,774

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

To provide health, death, life insurance, accidental death & dismemberment and long-term disability benefits to its eligible participants & dependents under collective bargaining.

  • The plan provides various health benefits to approximately 129,391 eligible participants.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • HOWARD I ROTHSCHILD

    EMPLOYER TRUSTEE

    Total calculated
    $1,033,133
    From this org
    $0
    From related orgs
    $913,133
    Other
    $120,000
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $721,133 related
    Bonus
    $0 + $192,000 related
    Other
    $0
    Deferred
    $0 + $96,804 related
    Nontaxable benefits
    $0 + $23,196 related
    Filer's total
    $0 + $1,033,133 related
  • ROBERT SCHWARTZ

    DEPUTY EMPLOYER TRUSTEE

    Total calculated
    $441,119
    From this org
    $0
    From related orgs
    $411,119
    Other
    $30,000
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $321,119 related
    Bonus
    $0 + $90,000 related
    Other
    $0
    Deferred
    $0 + $6,804 related
    Nontaxable benefits
    $0 + $23,196 related
    Filer's total
    $0 + $441,119 related
  • PETER GOLDBERGER

    EXECUTIVE DIRECTOR

    Total calculated
    $376,757
    From this org
    $333,227
    From related orgs
    $0
    Other
    $43,530
    Hours/week
    24.03 + 10.97 related

    Schedule J breakdown matched by us

    Base
    $312,840
    Bonus
    $18,187
    Other
    $2,200
    Deferred
    $20,128
    Nontaxable benefits
    $23,402
    Filer's total
    $376,757
  • STEVE JENKINS

    DIRECTOR OF OPERATIONS

    Total calculated
    $325,800
    From this org
    $284,230
    From related orgs
    $0
    Other
    $41,570
    Hours/week
    24.05 + 10.95 related

    Schedule J breakdown matched by us

    Base
    $272,143
    Bonus
    $10,538
    Other
    $1,549
    Deferred
    $18,168
    Nontaxable benefits
    $23,402
    Filer's total
    $325,800
  • RANDI FARBER

    DIRECTOR, TECH & OPERATIONS

    Total calculated
    $315,874
    From this org
    $274,686
    From related orgs
    $0
    Other
    $41,188
    Hours/week
    25.97 + 9.03 related

    Schedule J breakdown matched by us

    Base
    $258,137
    Bonus
    $15,000
    Other
    $1,549
    Deferred
    $17,786
    Nontaxable benefits
    $23,402
    Filer's total
    $315,874
  • ELAINE POMMELLS

    DIR. OF FINANCE & ADMIN

    Total calculated
    $309,353
    From this org
    $266,856
    From related orgs
    $0
    Other
    $42,497
    Hours/week
    24.75 + 10.25 related

    Schedule J breakdown matched by us

    Base
    $253,676
    Bonus
    $10,385
    Other
    $2,795
    Deferred
    $17,535
    Nontaxable benefits
    $24,962
    Filer's total
    $309,353
  • THOMAS ORMSBY

    DIR. OF BILLING & EMPLOY. SVCS

    Total calculated
    $304,739
    From this org
    $263,979
    From related orgs
    $0
    Other
    $40,760
    Hours/week
    28.19 + 6.81 related

    Schedule J breakdown matched by us

    Base
    $248,056
    Bonus
    $14,423
    Other
    $1,500
    Deferred
    $17,358
    Nontaxable benefits
    $23,402
    Filer's total
    $304,739
  • CORA OPSAHL

    HEALTH FUND, DIRECTOR

    Total calculated
    $299,901
    From this org
    $259,327
    From related orgs
    $0
    Other
    $40,574
    Hours/week
    33.89 + 1.11 related

    Schedule J breakdown matched by us

    Base
    $249,712
    Bonus
    $9,615
    Other
    $0
    Deferred
    $17,172
    Nontaxable benefits
    $23,402
    Filer's total
    $299,901
  • HARRY WEINBERG

    DEPUTY EMPLOYER TRUSTEE

    Total calculated
    $298,071
    From this org
    $0
    From related orgs
    $274,875
    Other
    $23,196
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $264,875 related
    Bonus
    $0 + $10,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $23,196 related
    Filer's total
    $0 + $298,071 related
  • EMMANUEL PASTREICH

    UNION TRUSTEE - CHAIRMAN

    Total calculated
    $292,931
    From this org
    $0
    From related orgs
    $223,653
    Other
    $69,278
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,311 related
    Bonus
    $0
    Other
    $0 + $4,342 related
    Deferred
    $0 + $45,876 related
    Nontaxable benefits
    $0 + $24,594 related
    Filer's total
    $0 + $294,123 related
  • FARNAZ TAMARI

    DIRECTOR, DENTAL CENTER

    Total calculated
    $292,848
    From this org
    $249,496
    From related orgs
    $0
    Other
    $43,352
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $231,458
    Bonus
    $11,023
    Other
    $7,015
    Deferred
    $16,900
    Nontaxable benefits
    $26,452
    Filer's total
    $292,848
  • RICHARD ROBBINS

    DIRECTOR, IT INFRASTRUCTURE

    Total calculated
    $287,290
    From this org
    $247,201
    From related orgs
    $0
    Other
    $40,089
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $242,723
    Bonus
    $4,478
    Other
    $0
    Deferred
    $16,687
    Nontaxable benefits
    $23,402
    Filer's total
    $287,290
  • MALGORZATA GAPINSKA

    DIRECOTR, INFO. MANAGEMENT

    Total calculated
    $286,206
    From this org
    $244,159
    From related orgs
    $0
    Other
    $42,047
    Hours/week
    25.49 + 9.51 related

    Schedule J breakdown matched by us

    Base
    $227,304
    Bonus
    $13,435
    Other
    $3,420
    Deferred
    $16,645
    Nontaxable benefits
    $25,402
    Filer's total
    $286,206
  • JOHN SANTOS

    UNION TRUSTEE - SECY./TREAS.

    Total calculated
    $284,651
    From this org
    $0
    From related orgs
    $212,433
    Other
    $72,218
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,950 related
    Bonus
    $0
    Other
    $0 + $12,483 related
    Deferred
    $0 + $48,816 related
    Nontaxable benefits
    $0 + $24,601 related
    Filer's total
    $0 + $285,850 related
  • ROB HILL

    DEPUTY UNION TRUSTEE

    Total calculated
    $259,176
    From this org
    $0
    From related orgs
    $191,433
    Other
    $67,743
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $178,235 related
    Bonus
    $0
    Other
    $0 + $13,198 related
    Deferred
    $0 + $44,341 related
    Nontaxable benefits
    $0 + $24,762 related
    Filer's total
    $0 + $260,536 related
  • KEVIN BROWN

    DEPUTY UNION TRUSTEE

    Total calculated
    $241,293
    From this org
    $0
    From related orgs
    $176,209
    Other
    $65,084
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,325 related
    Bonus
    $0
    Other
    $0 + $10,884 related
    Deferred
    $0 + $41,682 related
    Nontaxable benefits
    $0 + $24,601 related
    Filer's total
    $0 + $242,492 related
  • SHIRLEY ALDEBOL

    UNION TRUSTEE

    Total calculated
    $241,045
    From this org
    $0
    From related orgs
    $175,961
    Other
    $65,084
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,325 related
    Bonus
    $0
    Other
    $0 + $10,636 related
    Deferred
    $0 + $41,682 related
    Nontaxable benefits
    $0 + $24,601 related
    Filer's total
    $0 + $242,244 related
  • ELIZABETH BAKER

    DEPUTY UNION TRUSTEE

    Total calculated
    $239,589
    From this org
    $0
    From related orgs
    $178,799
    Other
    $60,790
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $178,121 related
    Bonus
    $0
    Other
    $0 + $678 related
    Deferred
    $0 + $37,388 related
    Nontaxable benefits
    $0 + $24,762 related
    Filer's total
    $0 + $240,949 related
  • DENIS JOHNSTON

    DEPUTY UNION TRUSTEE

    Total calculated
    $238,631
    From this org
    $0
    From related orgs
    $173,547
    Other
    $65,084
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,325 related
    Bonus
    $0
    Other
    $0 + $8,222 related
    Deferred
    $0 + $41,682 related
    Nontaxable benefits
    $0 + $24,601 related
    Filer's total
    $0 + $239,830 related
  • LENORE FRIEDLAENDER

    DEPUTY UNION TRUSTEE

    Total calculated
    $235,156
    From this org
    $0
    From related orgs
    $169,482
    Other
    $65,674
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,190 related
    Bonus
    $0
    Other
    $0 + $1,292 related
    Deferred
    $0 + $42,272 related
    Nontaxable benefits
    $0 + $23,402 related
    Filer's total
    $0 + $235,156 related
  • LARRY ENGELSTEIN

    UNION TRUSTEE

    Total calculated
    $25,340
    From this org
    $0
    From related orgs
    $25,340
    Other
    $0
    Hours/week
    1 + 39 related
  • BROOKE JENKINS-LEWIS

    EMPLOYER TRUSTEE-EFF 10/11/23

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • FRED SURACE

    DEPUTY ER TRUSTEE-EFF 10/11/23

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • JEFFREY BRODSKY

    DEPUTY ER TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • JOHN C SANTORA

    EMPLOYER TRUSTEE-THRU 6/25/24

    Total calculated
    $0
    Hours/week
    1 + 39 related
  • FRED WARD

    EMPLOYER TRUSTEE - THRU 7/4/23

    Total calculated
    $0
    Hours/week
    1 + 39 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ABM JANITORIAL SERVICES INC

    Directly controlled by NA

  • ALLIED UNIVERSAL SECURITY SERVICES

    Directly controlled by NA

  • C&W Facility Services Inc

    Directly controlled by NA

  • COLLINS BUILDING SERVICES INC

    Directly controlled by NA

  • GUARDIAN SERVICES INDUSTRIES INC

    Directly controlled by NA

  • HARVARD MAINTENANCE

    Directly controlled by NA

  • PRITCHARD INDUSTRIES INC

    Directly controlled by NA

  • SECURITAS SECURITY SERVICES USA INC

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
14 March 2025
IRS schema version
2023v6.0
Source object
202510879349301111

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