Form 990 for tax year 2023
Filed by CENTRAL NEW YORK LABORERS HEALTH AND WELFARE FUND.
Totals
- Total revenue
- $3,376,507
- Total expenses
- $2,273,020
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $2,871,306
- Investment income
- $416,550
- Other revenue
- $88,651
- Total assets, end of year
- $11,173,256
- Total liabilities, end of year
- $145,985
- Net assets or fund balances, end of year
- $11,027,271
- Program services expenses (Part IX)
- $2,273,020
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,273,020
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 $2,739,848 · related or exempt $2,739,848
-
2b · Program service revenue: COBRA & SELF PAY
total $131,458 · related or exempt $131,458
-
3 · Investment income
total $458,021 · excluded $458,021
-
7a · Gross sales of assets other than inventory
securities $2,096,359
-
7b · Less cost or other basis and sales expenses
securities $2,137,830
-
7c · Gain or loss
securities -$41,471
-
7d · Net gain or loss
total -$41,471 · excluded -$41,471
-
11a · Other revenue: MADOFF RECOVERY
total $45,319 · related or exempt $45,319
-
11b · Other revenue: MISC INCOME
total $43,332 · related or exempt $43,332
-
11e · Other revenue, total
$88,651
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $1,798,743 · program services $1,798,743
-
7 · Other salaries and wages
total $55,418 · program services $55,418
-
9 · Other employee benefits
total $25,290 · program services $25,290
-
10 · Payroll taxes
total $5,632 · program services $5,632
-
11b · Fees: legal
total $52,742 · program services $52,742
-
11c · Fees: accounting
total $31,084 · program services $31,084
-
11f · Fees: investment management
total $36,839 · program services $36,839
-
11g · Fees: other
total $203,114 · program services $203,114
-
13 · Office expenses
total $8,856 · program services $8,856
-
14 · Information technology
total $6,884 · program services $6,884
-
16 · Occupancy
total $33,512 · program services $33,512
-
19 · Conferences, conventions and meetings
total $92 · program services $92
-
22 · Depreciation, depletion and amortization
total $8,614 · program services $8,614
-
23 · Insurance
total $4,873 · program services $4,873
-
24a · Other expenses: TAXES
total $1,055 · program services $1,055
-
24b · Other expenses: BANK CHARGES
total $152 · program services $152
-
24c · Other expenses: FOUNDATION DUES
total $120 · program services $120
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $220,727 · end of year $187,223
-
2 · Savings and temporary cash investments
beginning of year $438,764 · end of year $132,989
-
4 · Accounts receivable
beginning of year $368,333 · end of year $441,075
-
10a · Land, buildings and equipment: cost or other basis
$428,787
-
10b · Land, buildings and equipment: accumulated depreciation
$427,352
-
10c · Land, buildings and equipment, net
beginning of year $10,049 · end of year $1,435
-
11 · Investments: publicly traded securities
beginning of year $8,518,941 · end of year $10,194,244
-
12 · Investments: other securities
beginning of year $178,593 · end of year $182,949
-
15 · Other assets
beginning of year $74,083 · end of year $33,341
-
17 · Accounts payable and accrued expenses
beginning of year $91,331 · end of year $82,431
-
19 · Deferred revenue
beginning of year $18,887 · end of year $14,653
-
25 · Other liabilities
beginning of year $53,520 · end of year $48,901
-
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 $9,645,752 · end of year $11,027,271
Mission and programs · 2023
Mission
PROVIDE MEDICAL, DENTAL, DISABILITY AND DEATH BENEFITS TO UNION MEMBERS AND THEIR DEPENDENTS.
-
THE FUND PROVIDES MEDICAL, DENTAL, DISABILITY AND DEATH BENEFITS FOR UNION MEMBERS AND THEIR DEPENDENTS.
Expenses $2,273,020
As filed on the 2023 return.
Listed in Part VII
-
Beth BellingerBETH BELLINGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen CompagniSTEPHEN COMPAGNI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Earl R HallEARL R HALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph Solazzo IIIJOSEPH SOLAZZO III
RECORDING SECRETARY
- Total calculated
- $21,320
- From this org
- $0
- From related orgs
- $21,320
- Other
- $0
- Hours/week
- 1 + 40 related
-
Gabriel Rosetti IIIGABRIEL ROSETTI III
BUSINESS MANAGER
- Total calculated
- $124,791
- From this org
- $0
- From related orgs
- $124,791
- Other
- $0
- Hours/week
- 1 + 40 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.
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.
-
RETIREMENT BENEFITS FOR MEMBERS
401(A) · RETIREMENT BENEFITS FOR MEMBERS · NY
-
CENTRAL NEW YORK LABORERS' ANNUITY FUND
401(A) · RETIREMENT BENEFITS FOR MEMBERS · NY
-
UPSTATE NEW YORK LABORERS' EDUCATION & TRAINING
501(C)(3) · TRAINING SCHOOL FOR MEMBERS · NY
-
LABORERS' INTERNATIONAL UNION OF NA LOCAL 633
501(C)(5) · LABOR UNION · NY
-
CENTRAL NEW YORK LABORERS' TRAINING FUND
501(C)(3) · TRAINING BENEFITS FOR MEMBERS · NY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531359349305708
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