Form 990 for tax year 2022
Filed by HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL UNION NO 32.
Totals
- Total revenue
- $7,148,083
- Total expenses
- $8,975,598
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $7,345,661
- Investment income
- -$209,122
- Other revenue
- $11,544
- Total assets, end of year
- $5,682,077
- Total liabilities, end of year
- $1,340,092
- Net assets or fund balances, end of year
- $4,341,985
- 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: EMPLOYER CONTRIBUTIONS
total $7,054,298 · related or exempt $7,054,298
-
2b · Program service revenue: PARTICIPANT CONTRIBUTIONS
total $291,363 · related or exempt $291,363
-
3 · Investment income
total $120,644 · excluded $120,644
-
7a · Gross sales of assets other than inventory
securities $3,447,919
-
7b · Less cost or other basis and sales expenses
securities $3,777,685
-
7c · Gain or loss
securities -$329,766
-
7d · Net gain or loss
total -$329,766 · excluded -$329,766
-
11a · Other revenue: COBRA SUBSIDY ASSISTANCE
total $11,011 · related or exempt $11,011
-
11b · Other revenue: MISCELLANEOUS
total $533 · related or exempt $533
-
11e · Other revenue, total
$11,544
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $8,495,649
-
11a · Fees: management
total $135,740
-
11b · Fees: legal
total $44,696
-
11c · Fees: accounting
total $25,135
-
11f · Fees: investment management
total $24,993
-
11g · Fees: other
total $228,514
-
13 · Office expenses
total $739
-
19 · Conferences, conventions and meetings
total $1,303
-
23 · Insurance
total $4,811
-
24a · Other expenses: BANK CHARGES
total $11,325
-
24b · Other expenses: PCORI FEE
total $2,080
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $340
-
24d · Other expenses: PRINTING & POSTAGE
total $273
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,376,147 · end of year $447,525
-
2 · Savings and temporary cash investments
beginning of year $2,867 · end of year $93,477
-
4 · Accounts receivable
beginning of year $738,792 · end of year $591,283
-
9 · Prepaid expenses and deferred charges
beginning of year $4,273 · end of year $4,168
-
11 · Investments: publicly traded securities
beginning of year $5,541,476 · end of year $4,295,085
-
15 · Other assets
beginning of year $199,262 · end of year $250,539
-
17 · Accounts payable and accrued expenses
beginning of year $1,010,323 · end of year $1,333,063
-
25 · Other liabilities
beginning of year $38,479 · end of year $7,029
-
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 $6,814,015 · end of year $4,341,985
Mission and programs · 2022
Mission
THE FUND WAS ESTABLISHED TO PROVIDE HEALTH, DEATH, VACATION AND SCHOLARSHIP BENEFITS TO ELIGIBLE MEMBERS BASED UPON COLLECTIVE BARGAINING AGREEMENT.
Activities or mission (Part I)
THE FUND WAS ESTABLISHED TO PROVIDE HEALTH AND DEATH BENEFITS TO ELIGIBLE MEMBERS BASED UPON COLLECTIVE BARGAINING AGREEMENT.
-
THE FUND WAS ESTABLISHED TO PROVIDE HEALTH, DEATH, VACATION AND SCHOLARSHIP BENEFITS TO ELIGIBLE MEMBERS BASED UPON COLLECTIVE BARGAINING AGREEMENT AND IS FUNDED BY EMPLOYER CONTRIBUTIONS BASED ON SET RATES FOR EACH HOUR WORKED BY MEMBERS.
As filed on the 2022 return.
Listed in Part VII
-
John DwyerJOHN DWYER
UNION TRUSTEE
- Total calculated
- $278,793
- From this org
- $0
- From related orgs
- $160,202
- Other
- $118,591
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $160,202 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $80,886 related
- Nontaxable benefits
- $0 + $37,705 related
- Filer's total
- $0 + $278,793 related
-
Paul LegrandPAUL LEGRAND
FORMER UNION TRUSTEE
- Total calculated
- $178,034
- From this org
- $0
- From related orgs
- $77,313
- Other
- $100,721
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $77,313 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $63,016 related
- Nontaxable benefits
- $0 + $37,705 related
- Filer's total
- $0 + $178,034 related
-
Jc FarmerJC FARMER
UNION TRUSTEE
- Total calculated
- $172,836
- From this org
- $0
- From related orgs
- $92,656
- Other
- $80,180
- Hours/week
- 1 + 2 related
Schedule J breakdown matched by us
- Base
- $0 + $92,656 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $53,466 related
- Nontaxable benefits
- $0 + $26,714 related
- Filer's total
- $0 + $172,836 related
-
Brian PentBRIAN PENT
UNION TRUSTEE
- Total calculated
- $8,480
- From this org
- $0
- From related orgs
- $4,873
- Other
- $3,607
- Hours/week
- 1 + 1 related
-
John MazorJOHN MAZOR
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rick BaptistaRICK BAPTISTA
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey ChaplinJEFFREY CHAPLIN
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kurt NaleKURT NALE
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dereck VergariDERECK VERGARI
UNION TRUSTEE
- Total calculated
- $221,968
- From this org
- $0
- From related orgs
- $149,745
- Other
- $72,223
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $149,745 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $40,472 related
- Nontaxable benefits
- $0 + $31,751 related
- Filer's total
- $0 + $221,968 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
None.
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.
-
501(C)(5) · TO PROVIDE TRAINING THROUGH EDUCATION PROGRAM TO QUALIFIED MEMBERS · NJ
-
HFIAW LOCAL 32 BROADWAY VERONA CORP INC
501(C)(2) · TO PROVIDE OFFICE AND EDUCATION FACILITIES · NJ
-
501(C)(5) · TO PROVIDE CERTAIN MEMBER BENEFITS UNDER COLLECTIVE BARGAINING AGREEMENTS · NJ
-
HFIAW LOCAL 32 PENSION FUND
401 (A) · TO PROVIDE A PENSION RETIREMENT BENEFIT TO MEMBERS · NJ
-
HFIAW LOCAL 32 ANNUITY FUND
401 (A) · TO PROVIDE AN INDIVIDUAL ANNUITY ACCOUNT TO MEMBERS · NJ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303139349302370
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.