Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $128,148,474 · related or exempt $128,148,474

• 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS-VAC

  total $23,089,883 · related or exempt $23,089,883

• 2c · Program service revenue: PARTICIPANT CONTRIBUTIONS

  total $14,887,130 · related or exempt $14,887,130

• 3 · Investment income

  total $12,193,858 · unrelated business $2,791 · excluded $12,191,067

• 7a · Gross sales of assets other than inventory

  securities $231,371,168

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

  securities $234,346,036

• 7c · Gain or loss

  securities -$2,974,868

• 7d · Net gain or loss

  total -$2,974,868 · excluded -$2,974,868

• 11a · Other revenue: OTHER

  total $590,482 · related or exempt $590,482

• 11e · Other revenue, total

  $590,482

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $162,382,023

• 5 · Compensation of officers, directors and key employees

  total $358,754

• 7 · Other salaries and wages

  total $3,241,139

• 8 · Pension plan contributions

  total $639,990

• 9 · Other employee benefits

  total $522,079

• 10 · Payroll taxes

  total $182,977

• 11b · Fees: legal

  total $201,682

• 11c · Fees: accounting

  total $87,000

• 11f · Fees: investment management

  total $918,906

• 11g · Fees: other

  total $808,095

• 13 · Office expenses

  total $749,940

• 14 · Information technology

  total $432,558

• 16 · Occupancy

  total $220,275

• 17 · Travel

  total $22,569

• 19 · Conferences, conventions and meetings

  total $151,362

• 22 · Depreciation, depletion and amortization

  total $514,179

• 23 · Insurance

  total $1,023,612

• 24a · Other expenses: REIMB TO/FROM RELATED O

  total -$4,103,540

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $142 · end of year $142

• 2 · Savings and temporary cash investments

  beginning of year $36,440,858 · end of year $40,322,862

• 4 · Accounts receivable

  beginning of year $34,424,554 · end of year $38,300,295

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,752,265 · end of year $2,193,768

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

  $1,982,631

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

  $708,227

• 10c · Land, buildings and equipment, net

  beginning of year $1,287,356 · end of year $1,274,404

• 11 · Investments: publicly traded securities

  beginning of year $297,224,277 · end of year $573,436,260

• 12 · Investments: other securities

  beginning of year $74,958,716 · end of year $270,521,846

• 15 · Other assets

  beginning of year $17,715 · end of year $6,309,862

• 17 · Accounts payable and accrued expenses

  beginning of year $4,203,311 · end of year $1,664,577

• 25 · Other liabilities

  beginning of year $26,127,827 · end of year $39,385,154

• 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 $415,774,745 · end of year $891,309,708

The filer's explanations (Part III)

SCHEDULE J - SUPPLEMENTAL INFORMATION

PETER TONIA WAS PAID BY THE CARPENTERS HEALTH AND WELFARE FUND OF PHILADELPHIA AND VICINITY (UNRELATED ORGANIZATION) IN 2022. THE PLAN REIMBURSED $206,045 BASED ON AN HOURLY RATE COMMENSURATE WITH THE AMOUNT OF TIME SPENT AS THE EASTERN ATLANTIC STATES CARPENTERS FUNDS DIRECTOR.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• SEE SCHEDULE R SUPPLEMENTAL INFORMATION

Related corporations and trusts

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

• SEE SCHEDULE R SUPPLEMENTAL INFORMATION