Form 990 for tax year 2023
Filed by GRAPHIC ARTS LOCAL 62B-PRINTING INDUSTRIES UNION SHOP WELFARE TRUS.
Totals
- Total revenue
- $1,257,223
- Total expenses
- $1,244,220
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,214,035
- Investment income
- $43,183
- Other revenue
- $5
- Total assets, end of year
- $959,992
- Total liabilities, end of year
- $26,107
- Net assets or fund balances, end of year
- $933,885
- Program services expenses (Part IX)
- $1,244,220
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,244,220
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 $1,162,558 · related or exempt $1,162,558
-
2b · Program service revenue: PARTICIPANT CONTRIBTNS
total $51,477 · related or exempt $51,477
-
3 · Investment income
total $21,673 · related or exempt $21,673
-
7a · Gross sales of assets other than inventory
securities $703,611
-
7b · Less cost or other basis and sales expenses
securities $682,101
-
7c · Gain or loss
securities $21,510
-
7d · Net gain or loss
total $21,510 · related or exempt $21,510
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $5 · related or exempt $5
-
11e · Other revenue, total
$5
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $1,212,278 · program services $1,212,278
-
11b · Fees: legal
total $6,000 · program services $6,000
-
11c · Fees: accounting
total $5,000 · program services $5,000
-
11f · Fees: investment management
total $2,079 · program services $2,079
-
13 · Office expenses
total $18,269 · program services $18,269
-
23 · Insurance
total $594 · program services $594
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $111,009 · end of year $66,342
-
2 · Savings and temporary cash investments
beginning of year $3,780 · end of year $4,801
-
4 · Accounts receivable
beginning of year $2,354 · end of year $9,382
-
11 · Investments: publicly traded securities
beginning of year $725,484 · end of year $879,467
-
17 · Accounts payable and accrued expenses
beginning of year $23,254 · end of year $26,107
-
31 · Retained earnings, endowment or other funds
beginning of year $819,373 · end of year $933,885
Mission and programs · 2023
Mission
HEALTH BENEFIT FUND
-
ALL OF THE FUND EXPENSES ARE NECESSARY IN PROVIDING HEALTH AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS.
Expenses $1,244,220
As filed on the 2023 return.
Listed in Part VII
-
Harry SelnowHARRY SELNOW
TRUSTEE
- Total calculated
- $20,951
- From this org
- $0
- From related orgs
- $18,360
- Other
- $2,591
- Hours/week
- 2 + 10 related
-
Melinda OutwaterMELINDA OUTWATER
ADMINISTRATOR
- Total calculated
- $19,244
- From this org
- $0
- From related orgs
- $18,088
- Other
- $1,156
- Hours/week
- 2 + 10 related
-
Kevin PassanteKEVIN PASSANTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2 + 4 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.
-
501C5 · LABOR UNION · NJ
-
501C9 · WELFARE FUND · NJ
-
GRAPHIC ARTS LOCAL 62B PENSION FUND
501C9 · PENSION FUND · NJ
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.
-
SEE ATTACHED EMPLOYERS
PRINTING · NJ
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SIGNATORY EMPLOYERS TO A COLLECTIVE
PRINTING · NJ
-
GRAPHIC ARTS WELFARE FUND BOARD
TRUST · NJ
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520429349301957
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