Form 990 for tax year 2022
Filed by I B E W LOCAL NO 400 SUPPLEMENTAL BENEFIT FUND.
Totals
- Total revenue
- $948,233
- Total expenses
- $869,622
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $876,099
- Investment income
- $72,134
- Other revenue
- $0
- Total assets, end of year
- $683,024
- Total liabilities, end of year
- $11,736
- Net assets or fund balances, end of year
- $671,288
- Program services expenses (Part IX)
- $743,494
- Management and general expenses
- $126,128
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $743,494
Program services were 85.5% 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 $876,099 · related or exempt $876,099
-
3 · Investment income
total $72,134 · related or exempt $72,134
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $743,494 · program services $743,494
-
11a · Fees: management
total $45,814 · management and general $45,814
-
11b · Fees: legal
total $6,846 · management and general $6,846
-
11c · Fees: accounting
total $8,376 · management and general $8,376
-
11f · Fees: investment management
total $49,017 · management and general $49,017
-
13 · Office expenses
total $3,321 · management and general $3,321
-
19 · Conferences, conventions and meetings
total $12,381 · management and general $12,381
-
23 · Insurance
total $373 · management and general $373
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $145,501 · end of year $209,448
-
4 · Accounts receivable
beginning of year $104,618 · end of year $84,395
-
9 · Prepaid expenses and deferred charges
beginning of year $292 · end of year $240
-
12 · Investments: other securities
beginning of year $3,228,528 · end of year $263,941
-
15 · Other assets
beginning of year $125,000 · end of year $125,000
-
17 · Accounts payable and accrued expenses
beginning of year $23,797 · end of year $11,736
-
29 · Capital stock, trust principal or current funds
beginning of year $3,580,142 · end of year $671,288
-
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 $0 · end of year $0
Mission and programs · 2022
Mission
PROVIDE HEALTHCARE REIMBURSEMENT BENEFITS TO PARTICIPANTS
-
PROVIDE HEALTHCARE REIMBURSEMENT BENEFITS TO PARTICIPANTS
Expenses $743,494 · Revenue $948,233
As filed on the 2022 return.
Listed in Part VII
-
Robert ShimkoROBERT SHIMKO
TRUSTEE
- Total calculated
- $340,822
- From this org
- $0
- From related orgs
- $199,311
- Other
- $141,511
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $199,311 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $75,738 related
- Nontaxable benefits
- $0 + $65,773 related
- Filer's total
- $0 + $340,822 related
-
Robert IngmanROBERT INGMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Edward WellsEDWARD WELLS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael TomasielloMICHAEL TOMASIELLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William JonesWILLIAM JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas O Johnston EsqTHOMAS O JOHNSTON ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Manzo EsqELIZABETH MANZO ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael RiccaMICHAEL RICCA
TRUSTEE
- Total calculated
- $307,871
- From this org
- $0
- From related orgs
- $180,041
- Other
- $127,830
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $180,041 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $68,416 related
- Nontaxable benefits
- $0 + $59,414 related
- Filer's total
- $0 + $307,871 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.
-
LOCAL UNION 400 IBEW PENSION PLAN
401(A) · PENSION FUND · NJ
-
LOCAL UNION 400 IBEW WELFARE PLAN
501(c)(9) · PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS · NJ
-
LOCAL UNION 400 IBEW JOINT ANNUITY FUND
401(A) · PROVIDE ANNUITY BENEFITS TO PARTICIPANTS · NJ
-
501(c)(5) · REPRESENT UNION MEMBERS FOR THE PURPOSE OF COLLECTIVE BARGAINING · NJ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440339349300424
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.