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← LICENSED PRACTICAL NURSES WELFARE FUND

Form 990 for tax year 2022

Filed by LICENSED PRACTICAL NURSES WELFARE FUND.

Totals

Total revenue
$978,561
Total expenses
$1,068,670
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$818,800
Investment income
$138,145
Other revenue
$21,616
Total assets, end of year
$6,221,469
Total liabilities, end of year
$63,471
Net assets or fund balances, end of year
$6,157,998
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 $818,344 · related or exempt $818,344

  • 2b · Program service revenue: COBRA CONTRIBUTION

    total $456 · related or exempt $456

  • 3 · Investment income

    total $133,976 · excluded $133,976

  • 7a · Gross sales of assets other than inventory

    securities $4,169

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

    securities $0

  • 7c · Gain or loss

    securities $4,169

  • 7d · Net gain or loss

    total $4,169 · excluded $4,169

  • 11a · Other revenue: OTHER INCOME

    total $21,616 · related or exempt $21,616

  • 11e · Other revenue, total

    $21,616

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $955,187

  • 11b · Fees: legal

    total $15,000

  • 11c · Fees: accounting

    total $15,700

  • 11g · Fees: other

    total $60,540

  • 13 · Office expenses

    total $3,029

  • 24a · Other expenses: ADMINISTRATIVE OVERHEAD

    total $19,214

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $256,927 · end of year $169,722

  • 2 · Savings and temporary cash investments

    beginning of year $341,074 · end of year $195,950

  • 4 · Accounts receivable

    beginning of year $601,016 · end of year $642,702

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,404 · end of year $12,142

  • 11 · Investments: publicly traded securities

    beginning of year $5,961,687 · end of year $5,177,807

  • 15 · Other assets

    beginning of year $9,553 · end of year $23,146

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,064 · end of year $55,495

  • 25 · Other liabilities

    beginning of year $342 · end of year $7,976

  • 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 $7,165,255 · end of year $6,157,998

Mission and programs · 2022

Mission

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS

Activities or mission (Part I)

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

  • PROVIDED HEALTH AND OTHER BENEFITS TO APPROX. 475 ELIGIBLE PARTICIPANTS

As filed on the 2022 return.

Listed in Part VII

  • Fabiola Buddan-Mais

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kim Cameron

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Valerie Goffe

    TRUSTEE - FORMER

    Total calculated
    $0
    Hours/week
    1
  • Saundra Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gerard Cadet

    UNION TRUSTEE - FORMER

    Total calculated
    $0
    Hours/week
    1 + 34 related
  • Joyce Neil

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 34 related
  • Maria Castaneda

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 34 related
  • Naomi Stowe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stacylea Gray

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 34 related
  • Dan Ratner

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 34 related
  • Donna Rey

    EXECUTIVE OFFICER

    Total calculated
    $898,888
    From this org
    $0
    From related orgs
    $611,487
    Other
    $287,401
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $577,286 related
    Bonus
    $0
    Other
    $0 + $34,201 related
    Deferred
    $0 + $65,233 related
    Nontaxable benefits
    $0 + $222,168 related
    Filer's total
    $0 + $898,888 related
  • Lorraine Monchak

    CHIEF INVESTMENTS OFFICER

    Total calculated
    $1,694,405
    From this org
    $0
    From related orgs
    $1,136,861
    Other
    $557,544
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,119,879 related
    Bonus
    $0
    Other
    $0 + $16,982 related
    Deferred
    $0 + $126,546 related
    Nontaxable benefits
    $0 + $430,998 related
    Filer's total
    $0 + $1,694,405 related
  • Van Dunn

    CHIEF MEDICAL OFFICER

    Total calculated
    $642,927
    From this org
    $0
    From related orgs
    $431,054
    Other
    $211,873
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $408,941 related
    Bonus
    $0
    Other
    $0 + $22,113 related
    Deferred
    $0 + $46,210 related
    Nontaxable benefits
    $0 + $165,663 related
    Filer's total
    $0 + $642,927 related
  • Mercedes Mambru

    CHIEF FINANCIAL OFFICER

    Total calculated
    $407,682
    From this org
    $0
    From related orgs
    $272,819
    Other
    $134,863
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $269,290 related
    Bonus
    $0
    Other
    $0 + $3,529 related
    Deferred
    $0 + $30,430 related
    Nontaxable benefits
    $0 + $104,433 related
    Filer's total
    $0 + $407,682 related
  • Joshua Sorensen

    NBF- PORTFOLIO MANAGER

    Total calculated
    $529,186
    From this org
    $0
    From related orgs
    $354,522
    Other
    $174,664
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $352,346 related
    Bonus
    $0
    Other
    $0 + $2,176 related
    Deferred
    $0 + $39,815 related
    Nontaxable benefits
    $0 + $134,849 related
    Filer's total
    $0 + $529,186 related
  • Brandy Shiloh

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $857,571
    From this org
    $0
    From related orgs
    $578,463
    Other
    $279,108
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $565,116 related
    Bonus
    $0
    Other
    $0 + $13,347 related
    Deferred
    $0 + $63,858 related
    Nontaxable benefits
    $0 + $215,250 related
    Filer's total
    $0 + $857,571 related
  • Stacey Millman

    CHIEF COMMUNICATIONS OFFIC

    Total calculated
    $578,981
    From this org
    $0
    From related orgs
    $394,332
    Other
    $184,649
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $372,442 related
    Bonus
    $0
    Other
    $0 + $21,890 related
    Deferred
    $0 + $42,086 related
    Nontaxable benefits
    $0 + $142,563 related
    Filer's total
    $0 + $578,981 related
  • Angela Scott

    CHIEF OF BENEFIT OPERATIONS

    Total calculated
    $512,892
    From this org
    $0
    From related orgs
    $346,740
    Other
    $166,152
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $329,639 related
    Bonus
    $0
    Other
    $0 + $17,101 related
    Deferred
    $0 + $37,249 related
    Nontaxable benefits
    $0 + $128,903 related
    Filer's total
    $0 + $512,892 related
  • Dilay Altiner

    NBF - PORTFOLIO MANAGER

    Total calculated
    $570,103
    From this org
    $0
    From related orgs
    $381,632
    Other
    $188,471
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,632 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $43,124 related
    Nontaxable benefits
    $0 + $145,347 related
    Filer's total
    $0 + $570,103 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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349330438

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