Form 990 for tax year 2022
Filed by DIVISION 1181 ATU - NEW YORK EMPLOYEES WELFARE FUND AND PLAN.
Totals
- Total revenue
- $124,286,953
- Total expenses
- $103,803,320
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $120,695,337
- Investment income
- $1,469,360
- Other revenue
- $2,122,256
- Total assets, end of year
- $94,779,317
- Total liabilities, end of year
- $2,310,270
- Net assets or fund balances, end of year
- $92,469,047
- 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 $109,302,776 · related or exempt $109,302,776
-
2b · Program service revenue: EMPLOYEE CONTRIBUTIONS
total $11,344,423 · related or exempt $11,344,423
-
2c · Program service revenue: COBRA
total $48,138 · related or exempt $48,138
-
3 · Investment income
total $1,469,360 · excluded $1,469,360
-
11a · Other revenue: REIMBURSEMENTS FOR SHARED SERVICE
total $1,334,841 · related or exempt $1,334,841
-
11b · Other revenue: OTHER INCOME
total $787,415 · related or exempt $787,415
-
11e · Other revenue, total
$2,122,256
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $99,628,136
-
5 · Compensation of officers, directors and key employees
total $386,529
-
7 · Other salaries and wages
total $1,670,452
-
8 · Pension plan contributions
total $85,275
-
9 · Other employee benefits
total $466,377
-
10 · Payroll taxes
total $165,376
-
11b · Fees: legal
total $198,037
-
11c · Fees: accounting
total $195,875
-
11f · Fees: investment management
total $4,992
-
11g · Fees: other
total $40,500
-
13 · Office expenses
total $275,990
-
14 · Information technology
total $62,119
-
16 · Occupancy
total $263,284
-
22 · Depreciation, depletion and amortization
total $22,260
-
23 · Insurance
total $75,062
-
24a · Other expenses: BAD DEBT EXPENSES
total $224,386
-
24b · Other expenses: PCORI FEES
total $38,670
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,337,721 · end of year $326,427
-
2 · Savings and temporary cash investments
beginning of year $21,048,393 · end of year $41,040,320
-
4 · Accounts receivable
beginning of year $3,222,707 · end of year $3,069,098
-
9 · Prepaid expenses and deferred charges
beginning of year $19,042 · end of year $45,305
-
10a · Land, buildings and equipment: cost or other basis
$200,813
-
10b · Land, buildings and equipment: accumulated depreciation
$144,276
-
10c · Land, buildings and equipment, net
beginning of year $63,528 · end of year $56,537
-
11 · Investments: publicly traded securities
beginning of year $52,337,235 · end of year $48,599,833
-
15 · Other assets
beginning of year $83,526 · end of year $1,641,797
-
17 · Accounts payable and accrued expenses
beginning of year $838,753 · end of year $714,760
-
24 · Unsecured notes and loans payable
beginning of year $546,775
-
25 · Other liabilities
beginning of year $31,067 · end of year $1,595,510
-
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 $76,695,557 · end of year $92,469,047
Mission and programs · 2022
Mission
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE LIFE, ACCIDENT, DISABILITY, HOSPITALIZATION, MAJOR MEDICAL, DENTAL,PRESCRIPTION DRUG AND OPTICAL BENEFITS TO ELIGIBLE PARTICIPANTSAND THEIR DEPENDENTS.
Activities or mission (Part I)
TO PROVIDE FUND'S PARTICIPANTS WITH HEALTH & WELFARE BENEFITS.
-
THE FUND PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS. THE NUMBER OF PARTICIPANTS WAS APPROXIMATELY 9,267.
As filed on the 2022 return.
Listed in Part VII
-
Michael CordielloMICHAEL CORDIELLO
UNION TRUSTEE - CHAIRMAN
- Total calculated
- $245,689
- From this org
- $0
- From related orgs
- $235,623
- Other
- $10,066
- Hours/week
- 3
Schedule J breakdown matched by us
- Base
- $0 + $235,623 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $10,066 related
- Filer's total
- $0 + $245,689 related
-
Neil StrahlNEIL STRAHL
EMPLOYER TRUSTEE-SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Jean-Claude CalixteJEAN-CLAUDE CALIXTE
UNION TRUSTEE
- Total calculated
- $215,102
- From this org
- $0
- From related orgs
- $194,559
- Other
- $20,543
- Hours/week
- 3
Schedule J breakdown matched by us
- Base
- $0 + $194,559 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $20,543 related
- Filer's total
- $0 + $215,102 related
-
James P HedgeJAMES P HEDGE
ALT. UNION TRUSTEE EFF, 7/22
- Total calculated
- $17,097
- From this org
- $17,097
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Neil MancusoNEIL MANCUSO
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Corey MuirheadCOREY MUIRHEAD
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stanley BrettschneiderSTANLEY BRETTSCHNEIDER
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tomas Fret JrTOMAS FRET JR
UNION TRUSTEE
- Total calculated
- $239,128
- From this org
- $0
- From related orgs
- $218,585
- Other
- $20,543
- Hours/week
- 3
Schedule J breakdown matched by us
- Base
- $0 + $218,585 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $20,543 related
- Filer's total
- $0 + $239,128 related
-
Anthony CordielloANTHONY CORDIELLO
UNION TRUSTEE EFF, 7/22
- Total calculated
- $153,806
- From this org
- $0
- From related orgs
- $143,329
- Other
- $10,477
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $0 + $143,329 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $10,477 related
- Filer's total
- $0 + $153,806 related
-
Robert D'UlisseROBERT D'ULISSE
FUND DIRECTOR
- Total calculated
- $226,001
- From this org
- $205,458
- From related orgs
- $0
- Other
- $20,543
- Hours/week
- 33
Schedule J breakdown matched by us
- Base
- $205,458
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $20,543
- Filer's total
- $226,001
-
Vincent ZitoVINCENT ZITO
CONTROLLER
- Total calculated
- $184,517
- From this org
- $163,974
- From related orgs
- $0
- Other
- $20,543
- Hours/week
- 27
Schedule J breakdown matched by us
- Base
- $163,974
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $20,543
- Filer's total
- $184,517
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
- 3 · Approval by the board or compensation committee
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.
-
DIVISION 1181 AMALGAMATED TRANSIT UNION NEW YORK EMPLOYEES PENSION FUND
401A · TO PROVIDE PENSION BENEFITS TO PARTICIPANTS · NY
-
AMALGAMATED TRANSIT UNION LOCAL 1181-1061
501(C)(5) · TO REPRESENT MEMBERS IN LABOR RELATED ISSUES, CONTRACT NEGOTIATIONS · NY
-
DIVISION 1181 AMALGAMATED TRANSIT FEDERAL CREDIT UNION
CREDIT UNION · NY
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ALL AMERICAN
-
ANJ SERVICES INC
-
B-ALERT
-
BAY PARKWAY MAINTENANCE
-
BOBBY'S TRANS
-
BORO TRANSIT
-
CEREBRAL PALSY TRANSPORTATION (UCP)
-
GRANDPAS BUS
-
HOYT TRANSPORTATION
-
IC ESCORTS
-
LOGAN TRANSPORTATION
-
LORISSA BUS
-
PIONEER SCHOOL BUS RENTALINC
-
PIONEER TRANSPORTATION
-
SNT BUS INC
-
IC BUS INC
-
ATU-LOCAL 1181
-
DIVISION 1181 NY PENSION FUND
-
DIVISION 1181 NY WELFARE FUND
-
DIVISION 1181 ATU FCU
-
NYC SCHOOL BUS
-
WE TRANSPORT INC
-
PIONEER TRANS OFFICE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349305055
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