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← INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS DEATH BENEFIT TRUST

Form 990 for tax year 2023

Filed by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS DEATH BENEFIT TRUST.

Totals

Total revenue
$1,478,651
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,475,028
Investment income
$3,623
Other revenue
$0
Total assets, end of year
$1,478,651
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,478,651
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
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: RECEIPTS FROM EMPLOYER

    total $1,475,028 · related or exempt $1,475,028

  • 3 · Investment income

    total $3,623 · excluded $3,623

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $734,357

  • 4 · Accounts receivable

    end of year $744,294

  • 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 $0 · end of year $1,478,651

Mission and programs · 2023

Mission

THE EXEMPT PURPOSE IS PROVIDING BENEFITS IN THE FORM OF LIFE BENEFITS PAYABLE TO PARTICIPANTS' BENEFICIARIES UPON THE DEATH OF THE PARTICIPANTS WHILE ON THE JOB; PAYING COSTS AND EXPENSES OF THE TRUST IN THE OPERATION AND ADMINISTRATION OF THE TRUST FUND IN ACCORDANCE WITH THE TRUST AGREEMENT; AND MAKING ANY OTHER PAYMENTS AUTHORIZED BY THE TRUST AGREEMENT.

  • THE EXEMPT PURPOSE IS PROVIDING BENEFITS IN THE FORM OF LIFE BENEFITS PAYABLE TO PARTICIPANTS' BENEFICIARIES UPON THE DEATH OF THE PARTICIPANTS WHILE ON THE JOB; PAYING COSTS AND EXPENSES OF THE TRUST IN THE OPERATION AND ADMINISTRATION OF THE TRUST FUND IN ACCORDANCE WITH THE TRUST AGREEMENT; AND MAKING ANY OTHER PAYMENTS AUTHORIZED BY THE TRUST AGREEMENT.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Frank J Christensen

    CHAIRMAN AND TRUSTEE

    Total calculated
    $633,941
    From this org
    $0
    From related orgs
    $438,664
    Other
    $195,277
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $429,837 related
    Bonus
    $0
    Other
    $0 + $8,827 related
    Deferred
    $0 + $163,457 related
    Nontaxable benefits
    $0 + $31,820 related
    Filer's total
    $0 + $633,941 related
  • James K Bender II

    TRUSTEE

    Total calculated
    $594,106
    From this org
    $0
    From related orgs
    $408,848
    Other
    $185,258
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $399,748 related
    Bonus
    $0
    Other
    $0 + $9,100 related
    Deferred
    $0 + $153,438 related
    Nontaxable benefits
    $0 + $31,820 related
    Filer's total
    $0 + $594,106 related
  • Larry J McGann

    SECRETARY AND TRUSTEE

    Total calculated
    $594,688
    From this org
    $0
    From related orgs
    $409,430
    Other
    $185,258
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $399,748 related
    Bonus
    $0
    Other
    $0 + $9,682 related
    Deferred
    $0 + $153,438 related
    Nontaxable benefits
    $0 + $31,820 related
    Filer's total
    $0 + $594,688 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.

  • INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

    501(C)(5) · TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ADVANTAGES · MD

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

  • ELEVATOR INDUSTRY WORK PRESERVATION FUND

    501(C)(5) · IMPROVE LABOR-MANAGEMENT RELATIONS · MD

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

  • IUEC OFFICER & EMPLOYEES PENSION PLAN

    401(A) · TO PROVIDE PAYMENTS FOR THE OFFICERS & EMPLOYEES PENSION PLAN · MD

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

  • NATIONAL ELEVATOR CONSTRUCTORS POLITICAL ACTION COMMITTEE

    527 · TO PROVIDE SUPPORT FOR POLITICAL CAMPAIGNS · MD

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

  • IUEC POLITICAL ACCOUNT

    527 · TO PROVIDE SUPPORT FOR POLITICAL CAMPAIGNS · MD

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • IUEC REAL ESTATE LLC

    HOLD TITLE TO REAL ESTATE · MD · income $0 · assets $565,694

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

  • IUEC LAND HOLDING LLC

    HOLD TITLE TO REAL ESTATE · MD · income $435,714 · assets $4,562,140

    Directly controlled by INTERNATIONAL UNION OF ELEVATOR CONSTRUCTORS

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202423189349305052

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