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← BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL 5 NEW YORK WELFARE FUND

Form 990 for tax year 2024

Filed by BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL 5 NEW YORK WELFARE FUND.

Totals

Total revenue
$2,997,695
Total expenses
$2,703,176
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,404,086
Investment income
$593,609
Other revenue
$0
Total assets, end of year
$10,312,550
Total liabilities, end of year
$3,564,437
Net assets or fund balances, end of year
$6,748,113
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 $2,087,049 · related or exempt $2,087,049

  • 2b · Program service revenue: SELF PAYMENTS

    total $317,037 · related or exempt $317,037

  • 3 · Investment income

    total $240,704 · excluded $240,704

  • 7a · Gross sales of assets other than inventory

    securities $1,029,100

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

    securities $676,195

  • 7c · Gain or loss

    securities $352,905

  • 7d · Net gain or loss

    total $352,905 · excluded $352,905

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $2,140,791

  • 11a · Fees: management

    total $46,957

  • 11b · Fees: legal

    total $9,301

  • 11c · Fees: accounting

    total $56,803

  • 11f · Fees: investment management

    total $32,317

  • 11g · Fees: other

    total $52,500

  • 13 · Office expenses

    total $11,638

  • 19 · Conferences, conventions and meetings

    total $284

  • 22 · Depreciation, depletion and amortization

    total $845

  • 23 · Insurance

    total $8,267

  • 24a · Other expenses: STOP LOSS INSURANCE

    total $123,733

  • 24b · Other expenses: GOV'T FEES

    total $110,820

  • 24c · Other expenses: CLAIMS PROCESSING & ADM

    total $107,165

  • 24d · Other expenses: POSTAGE

    total $1,755

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,517,622 · end of year $810,988

  • 2 · Savings and temporary cash investments

    beginning of year $212,222 · end of year $382,483

  • 4 · Accounts receivable

    beginning of year $632,330 · end of year $1,371,857

  • 10a · Land, buildings and equipment: cost or other basis

    $38,870

  • 10b · Land, buildings and equipment: accumulated depreciation

    $34,643

  • 10c · Land, buildings and equipment, net

    beginning of year $5,072 · end of year $4,227

  • 11 · Investments: publicly traded securities

    beginning of year $7,856,812 · end of year $7,721,801

  • 15 · Other assets

    beginning of year $19,738 · end of year $21,194

  • 17 · Accounts payable and accrued expenses

    beginning of year $355,706 · end of year $159,752

  • 25 · Other liabilities

    beginning of year $3,735,291 · end of year $3,404,685

  • 29 · Capital stock, trust principal or current funds

    beginning of year $6,152,799 · end of year $6,748,113

  • 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 · 2024

Mission

TO PROVIDE HEALTH INSURANCE TO ITS MEMBERS.

Activities or mission (Part I)

HEALTH CARE COVERAGE

  • PROVIDE ELIGIBLE MEMBERS AND DEPENDENTS WITH COVERAGE FOR MAJOR MEDICAL BENEFITS, HOSPITAL EXPENSES, DIAG. X-RAY, LAB FEES, SURGERY, MEDICAL FEES, VISION, AND DENTAL BENEFITS.

As filed on the 2024 return.

Listed in Part VII

  • Alan Seidman

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Clifford

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • David Williams

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Matthew Pepe

    EMPLOYER 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.

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.

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.

  • BACK BROOK MASONRY LLC

  • FABCON

  • GMAC CONSTRUCTION

  • J&A PLASTERING & STUCCO

  • KJJ INDUSTRIES

  • SSB INDUSTRIES

  • SUMMITT MASONRY & BLDG RESTORATION

  • TOMAHAWK CUTTING & CORING

  • TOMAR CONSTRUCTION LLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • A&K SLIP FORMING INC

  • ACRANOM MASONRY ENTERPRISES

  • ALLIANCE MASONRY CORP

  • ARMORMAX CONSTRUCTION

  • B MILLER MASONRY INC

  • BERGEN CONCRETE MASONRY INC

  • BJCC INC

  • CARDOSO CONSTRUCTION

  • CARL WALKER CONSTRUCTION

  • CASLER MASONRY INC

  • D & J CONCRETE CORP

  • DA WILLIAMS INC

  • DJ ROSSETTI MASONRY INC

  • DARANTE CONSTRUCTION LTD

  • DEBRINO CAULKING ASSOCIATES

  • ECCO III ENTERPRISES INC

  • ESSENTIAL SEALANTS INC

  • GANEM CONTRACTING CORP

  • GRANITE WORKS INC

  • HULL CONSTRUCTION & RESTORATIO

  • HVB CONSTRUCTION

  • JJP SLIPFORMING INC

  • JAMES MCGOWAN MASONRY

  • LUPINI CONSTRUCTION

  • MACE CONTRACTING CORPORATION

  • MACEDOS CONSTRUCTION CO INC

  • MPCC CORP

  • MURNANE CONSTRUCTION SERVICES

  • NORDIC CONTRACTING CO INC

  • PCC CONTRACTING INC

  • PULLMAN SSTINC

  • REACTION CONSTRUCTION CORP

  • STEVEN LOMBARDI CONSTRUCTION C

  • UPSTATE REFRACTORY CONTRACTING

  • VIP CONSTRUCTION SERVICES

  • WORTH CONSTRUCTION CO INC

Provenance

Return type
form_990
Tax year
2024
Filed
8 October 2025
IRS schema version
2024v5.2
Source object
202502839349300310

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