Skip to content
Nonprofiteer
← LOCAL 2222 IBEW BENEVOLENT FUND TR

Form 990 for tax year 2023

Filed by LOCAL 2222 IBEW BENEVOLENT FUND TR.

Totals

Total revenue
$38,181
Total expenses
$33,046
Contributions and grants received
$28,851
Grants paid
$32,853
Program service revenue
$2,100
Investment income
$19
Other revenue
$7,211
Total assets, end of year
$41,179
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$41,179
Program services expenses (Part IX)
$32,853
Management and general expenses
$193
Fundraising expenses
$0
Program service expenses (Part III)
$32,853

Program services were 99.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $14,625

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $14,226

  • 1g · Noncash contributions included above

    $0

  • 2f · All other program service revenue

    total $2,100 · related or exempt $2,100 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $19 · related or exempt $19 · unrelated business $0 · excluded $0

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

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $23,224

  • 8a · Fundraising events: contributions included on line 1c

    $14,625

  • 8b · Fundraising events: direct expenses

    $16,013

  • 8c · Net income from fundraising events

    total $7,211 · unrelated business $0 · excluded $7,211

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $32,853 · program services $32,853

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $158 · program services $0 · management and general $158 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: MA Form PC Filing Fee

    total $35 · program services $0 · management and general $35 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

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 $36,044 · end of year $41,179

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 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

  • 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 $36,044 · end of year $41,179

Mission and programs · 2023

Mission

Raises money to help support worthwhile community and other projects that need funding such as school sports teams, police and fire department causes, scholarships and disease research.

Activities or mission (Part I)

Raises money to help support worthwhile community projects that need funding, such as, sponsoring school sports teams, police and fire department causes and various disease research, etc.

  • Local 2222 IBEW Benevolent Fund raised money during our Holiday Donation drive. All money received specifically for the Housing Families organization was disbursed to this organization. This worthwhile organization was founded to end family homelessness and offers shelter and supportive services. The Benevolent Fund also donated to their Teen Camp Outing, 5K Race and their Annual Breakfast.

    Expenses $6,403 · Revenue $1,000

  • Local Union 2222 Benevolent Fund Trust donated $23,150 to various charities and causes in 2023 from donations to our organization and the Jack O'Shea Golf Tournament proceeds.

    Expenses $23,150 · Revenue $14,226

  • Local 2222 Benevolent Fund raised money for " Bread of Life" during our holiday drive. All money raised was disbursed to Bread of Life. This worthwhile organization is a nonprofit, nondenominational, faith-based food security organization based in Malden, MA that provides over 1.5 million pounds of free food a year for economically struggling and disadvantaged families, individuals, youth and senior citizens in the North metro Boston area.

    Expenses $3,300 · Revenue $1,100

As filed on the 2023 return.

Listed in Part VII

  • Edward V Hastings

    PRESIDENT TRUSTEE/ Retired 12/2023- Deceased

    Total calculated
    $182,379
    From this org
    $0
    From related orgs
    $173,869
    Other
    $8,510
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $173,869 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $173,869 related

  • Kevin J Holland

    VICE PRESIDENT TRUSTEE

    Total calculated
    $178,606
    From this org
    $0
    From related orgs
    $170,259
    Other
    $8,347
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $170,259 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $170,259 related

  • Paul G English

    TREASURER/TRUSTEE

    Total calculated
    $27,412
    From this org
    $0
    From related orgs
    $27,412
    Other
    $0
    Hours/week
    1 + 9 related

  • Keith R Bonasoro

    TRUSTEE

    Total calculated
    $11,520
    From this org
    $0
    From related orgs
    $11,520
    Other
    $0
    Hours/week
    0.5 + 4 related

  • Julio D De La Cruz

    TRUSTEE

    Total calculated
    $8,792
    From this org
    $0
    From related orgs
    $8,792
    Other
    $0
    Hours/week
    0.5 + 3 related

  • Jeffrey N Orender

    TRUSTEE

    Total calculated
    $6,511
    From this org
    $0
    From related orgs
    $6,511
    Other
    $0
    Hours/week
    0.5 + 2.25 related

  • Janelle M Quinn

    TRUSTEE

    Total calculated
    $2,854
    From this org
    $0
    From related orgs
    $2,854
    Other
    $0
    Hours/week
    0.5 + 1 related

  • Robert J Cinelli

    TRUSTEE

    Total calculated
    $2,606
    From this org
    $0
    From related orgs
    $2,606
    Other
    $0
    Hours/week
    0.5 + 1 related

  • Francis E Hernon

    TRUSTEE

    Total calculated
    $1,912
    From this org
    $0
    From related orgs
    $1,912
    Other
    $0
    Hours/week
    0.5 + 0.5 related

  • John J Kent

    TRUSTEE - (Effec. 4/5/2023)

    Total calculated
    $677
    From this org
    $0
    From related orgs
    $677
    Other
    $0
    Hours/week
    0.25 + 0.25 related

  • John T Soderlund

    TRUSTEE/Retired 4/5/2023

    Total calculated
    $0
    Hours/week
    0

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
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

  • Housing Families Inc

    $5,250

    Support Holiday Drive, 5K, Annual Breakfast, Canobie Lake Outing (Teen Camp)Expenses

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.

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2024
IRS schema version
2023v5.0
Source object
202401299349302225

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.