Form 990 for tax year 2022
Filed by LABORERS WELFARE FUND LOCAL 130.
Totals
- Total revenue
- $1,559,209
- Total expenses
- $1,209,111
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,554,764
- Investment income
- $4,383
- Other revenue
- $62
- Total assets, end of year
- $1,364,381
- Total liabilities, end of year
- $100,236
- Net assets or fund balances, end of year
- $1,264,145
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $1,209,111
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 $1,510,947 · related or exempt $1,510,947
-
2b · Program service revenue: EMPLOYEE CONTRIBUTIONS
total $43,817 · related or exempt $43,817
-
3 · Investment income
total $16,624 · excluded $16,624
-
7a · Gross sales of assets other than inventory
securities $359,459
-
7b · Less cost or other basis and sales expenses
securities $371,700
-
7c · Gain or loss
securities -$12,241
-
7d · Net gain or loss
total -$12,241 · excluded -$12,241
-
11a · Other revenue: LITIGATION SETTLEMENTS
total $62 · excluded $62
-
11e · Other revenue, total
$62
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $945,145
-
10 · Payroll taxes
total $536
-
11a · Fees: management
total $51,360
-
11b · Fees: legal
total $6,769
-
11c · Fees: accounting
total $15,653
-
11f · Fees: investment management
total $5,587
-
11g · Fees: other
total $6,000
-
13 · Office expenses
total $716
-
19 · Conferences, conventions and meetings
total $292
-
23 · Insurance
total $3,625
-
24a · Other expenses: RECIPROCAL TRANSFERS TO
total $171,527
-
24b · Other expenses: BANK FEES
total $1,247
-
24c · Other expenses: MEMBERSHIP DUES
total $372
-
24d · Other expenses: PCORI FEE
total $282
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $135,975 · end of year $489,195
-
2 · Savings and temporary cash investments
beginning of year $19,368 · end of year $6,300
-
4 · Accounts receivable
beginning of year $215,322 · end of year $271,644
-
9 · Prepaid expenses and deferred charges
beginning of year $8,416 · end of year $7,854
-
11 · Investments: publicly traded securities
beginning of year $569,919 · end of year $589,388
-
17 · Accounts payable and accrued expenses
end of year $7,058
-
25 · Other liabilities
beginning of year $36,971 · end of year $93,178
-
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 $912,029 · end of year $1,264,145
Mission and programs · 2022
Mission
TO PROVIDE LIFE, AD&D, LOSS OF TIME, HOSPITALIZATION, MEDICAL AND OTHER RELATED HEALTH CARE BENEFITS TO ELIGIBLE MEMBERS AND COVERED DEPENDENTS.
Activities or mission (Part I)
PROVIDES LIFE, AD&D, LOSS OF TIME, HOSPITALIZATION, MEDICAL & OTHER RELATED HEALTH CARE BENEFITS.
-
THE FUND PROVIDES LIFE, AD&D, AND MEDICAL BENEFITS TO ACTIVE AND RETIRED EMPLOYEES OF CONTRIBUTING EMPLOYERS UNDER GROUP INSURED PLANS. THE FUND ALSO PROVIDES LOSS OF TIME BENEFITS UNDER SELF-INSURED PROGRAMS.
Expenses $1,209,111
As filed on the 2022 return.
Listed in Part VII
-
Joline SobeckJOLINE SOBECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ViccicaSTEPHEN VICCICA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jacob HyderJACOB HYDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jon O'BrienJON O'BRIEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph SondayJOSEPH SONDAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Phillip AmerisPHILLIP AMERIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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.
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.
-
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL NO 130
501(C)(5) · LABOR UNION · PA
-
LABORERS' INT'L LOCAL NO 130 PENSION
401(A) · COLLECTIVELY BARGAINED MULTIEMPLOYER DEFINED BENEFIT PENSION PLAN · PA
-
LABORERS' INT'L LOCAL NO 130 ANNUITY
401(A) · COLLECTIVELY BARGAINED MULTIEMPLOYER DEFINED CONTRIBUTION PENSION PLAN · PA
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.
-
DAY & ZIMMERMAN NPS
CONTRIBUTING EMPLOYER · PA · share of income $352,903
-
PANZIETTA ENTERPRISES
CONTRIBUTING EMPLOYER · PA · share of income $197,573
-
SORDONI CONSTRUCTION
CONTRIBUTING EMPLOYER · PA · share of income $126,180
-
BILFINGER INDUSTRIAL
CONTRIBUTING EMPLOYER · PA · share of income $69,030
-
LR COSTANZO CO INC
CONTRIBUTING EMPLOYER · PA · share of income $121,983
-
ALLIANCE MASONRY CORPORATION
CONTRIBUTING EMPLOYER · NY · share of income $67,446
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440459349302079
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