Form 990 for tax year 2022
Filed by HEAT AND FROST INSULATORS & ALLIED WORKERS LOCAL 25 WELFARE FUND.
Totals
- Total revenue
- $3,958,777
- Total expenses
- $3,918,304
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $5,096,130
- Investment income
- $189,508
- Other revenue
- -$1,326,861
- Total assets, end of year
- $10,260,097
- Total liabilities, end of year
- $335,563
- Net assets or fund balances, end of year
- $9,924,534
- Program services expenses (Part IX)
- $3,918,304
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,918,304
Program services were 100.0% 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.
-
2a · Program service revenue: Employer contributions
total $4,460,220 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Employee contributions
total $635,910 · unrelated business $0 · excluded $0
-
3 · Investment income
total $189,508 · unrelated business $0 · excluded $0
-
11a · Other revenue: Unrealized depreciation investments
total -$1,326,861 · related or exempt -$1,326,861 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
-$1,326,861
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $3,698,358 · program services $3,698,358
-
11b · Fees: legal
total $71,415 · program services $71,415 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $9,950 · program services $9,950 · management and general $0 · fundraising $0
-
11f · Fees: investment management
total $12,943 · program services $12,943 · management and general $0 · fundraising $0
-
11g · Fees: other
total $90,637 · program services $90,637 · management and general $0 · fundraising $0
-
13 · Office expenses
total $17,188 · program services $17,188 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $8,743 · program services $8,743 · management and general $0 · fundraising $0
-
23 · Insurance
total $2,631 · program services $2,631 · management and general $0 · fundraising $0
-
24a · Other expenses: Collection fees
total $6,439 · program services $6,439 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,383,149 · end of year $1,404,140
-
4 · Accounts receivable
beginning of year $510,345 · end of year $412,505
-
9 · Prepaid expenses and deferred charges
beginning of year $982 · end of year $791
-
11 · Investments: publicly traded securities
beginning of year $8,461,596 · end of year $7,976,495
-
12 · Investments: other securities
end of year $466,166
-
17 · Accounts payable and accrued expenses
beginning of year $472,011 · end of year $335,563
-
31 · Retained earnings, endowment or other funds
beginning of year $9,884,061 · end of year $9,924,534
Mission and programs · 2022
Mission
Provision of medical benefits
-
To provide medical, dental, disability, and prescription drug benefits to approximately 325 eligible participants.
Expenses $3,918,304 · Revenue $3,958,777
As filed on the 2022 return.
Listed in Part VII
-
Justin Pethke
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Curt McGlone
Trustee
- Total calculated
- $107,505
- From this org
- $0
- From related orgs
- $107,505
- Other
- $0
- Hours/week
- 1
-
Michael O'Connell
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Paul McEachren
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Thomas O'Connell
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Chambers
Trustee
- Total calculated
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0
-
Walter Howard
Trustee
- Total calculated
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0
-
Robert Wright
Trustee
- Total calculated
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0
-
Scott Nolan
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
David Innis
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Micah Vincent
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. 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.
-
Union · MI
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 partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
Rand Environmental Services
Heat & Frost Contractor · MI · 0% owned
-
RLBondy Insulation LLC
Heat & Frost Contractor · MI · 0% owned
-
Rival Insulation LLC
Heat & Frost Contractor · MI · 0% owned
-
Resource Mechanical Insulation
Heat & Frost Contractor · MI · 0% owned
-
Brand Energy Services LLC
Heat & Frost Contractor · 0% owned
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
API Inc
Heat & Frost Contractor · MN · 0% owned
-
Arbor Contracting Inc
Heat & Frost Contractor · MI · 0% owned
-
Master Mechanical Insulation
Heat & Frost Contractor · MI · 0% owned
-
Michigan Mechanical Insulation
Heat & Frost Contractor · MI · 0% owned
-
Depcon Inc
FHeat & Frost Contractor · MI · 0% owned
-
Mechanincal Heat & Frost
Heat & Frost Contractor · MI · 0% owned
-
Babcock & Wilcox Construction
Heat & Frost Contractor · OH · 0% owned
-
Kiewit Powers Constructors Co
Heat & Frost Contractor · NC · 0% owned
-
JT Thorpe
Heat & Frost Contractor · CA · 0% owned
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342919349300724
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