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← SUPPLEMENTAL UNEMPLOYMENT TRUST FUND OF THE LOCAL UNION 85 UNITED

Form 990 for tax year 2022

Filed by SUPPLEMENTAL UNEMPLOYMENT TRUST FUND OF THE LOCAL UNION 85 UNITED.

Totals

Total revenue
$421,884
Total expenses
$268,922
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$398,402
Investment income
$23,226
Other revenue
$256
Total assets, end of year
$1,710,579
Total liabilities, end of year
$18,736
Net assets or fund balances, end of year
$1,691,843
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$268,922

Program services were 0.0% 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 $398,402 · related or exempt $398,402

  • 3 · Investment income

    total $27,741 · related or exempt $27,741

  • 7a · Gross sales of assets other than inventory

    securities $495,247

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

    securities $499,762

  • 7c · Gain or loss

    securities -$4,515

  • 7d · Net gain or loss

    total -$4,515 · related or exempt -$4,515

  • 11a · Other revenue: LIQUIDATING DAMAGES

    total $256 · related or exempt $256

  • 11e · Other revenue, total

    $256

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $223,171

  • 7 · Other salaries and wages

    total $13,217

  • 11a · Fees: management

    total $7,113

  • 11b · Fees: legal

    total $7,644

  • 11c · Fees: accounting

    total $9,078

  • 11f · Fees: investment management

    total $7,853

  • 13 · Office expenses

    total $462

  • 23 · Insurance

    total $384

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,125 · end of year $132,490

  • 2 · Savings and temporary cash investments

    beginning of year $400,743 · end of year $451,411

  • 4 · Accounts receivable

    beginning of year $33,579 · end of year $32,040

  • 11 · Investments: publicly traded securities

    beginning of year $1,098,688 · end of year $1,088,854

  • 15 · Other assets

    beginning of year $3,881 · end of year $5,784

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,621 · end of year $4,464

  • 25 · Other liabilities

    beginning of year $18,253 · end of year $14,272

  • 27 · Net assets without donor restrictions

    beginning of year $1,531,142 · end of year $1,691,843

Mission and programs · 2022

Mission

THE U.A. LOCAL 85 SUPPLEMENTAL UNEMPLOYMENT BENEFITS IS A TAFT HARTLEY MULTI-EMPLOYER EMPLOYEE BENEFIT FUND ORGANIZED UNDER A COLLECTIVE BARGAINING AGREEMENT, WHICH WAS CREATED TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO UNION MEMBERS.

  • THE U.A. LOCAL 85 SUPPLEMENTAL UNEMPLOYMENT BENEFITS IS A TAFT HARTLEY MULTI-EMPLOYER EMPLOYEE BENEFIT FUND ORGANIZED UNDER A COLLECTIVE BARGAINING AGREEMENT, WHICH WAS CREATED TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO UNION MEMBERS.

    Expenses $268,922 · Revenue $398,402

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JUSTIN POMERVILLE

    TRUSTEE

    Total calculated
    $151,652
    From this org
    $0
    From related orgs
    $151,652
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $151,652 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $151,652 related
  • JAMES BADOUR

    TRUSTEE

    Total calculated
    $108,142
    From this org
    $0
    From related orgs
    $108,142
    Other
    $0
    Hours/week
    1 + 40 related
  • RYAN KATZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ANDREW MARTIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • FRANK RUMP

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • JASON SAMPLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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
27 October 2023
IRS schema version
2022v5.0
Source object
202303039349300115

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