Form 990 for tax year 2024
Filed by CLEVELAND LONGSHOREMENS WELFARE FUND.
Totals
- Total revenue
- $1,568,764
- Total expenses
- $1,428,002
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,517,300
- Investment income
- $51,464
- Other revenue
- $0
- Total assets, end of year
- $1,663,068
- Total liabilities, end of year
- $9,822
- Net assets or fund balances, end of year
- $1,653,246
- 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 $1,517,300 · related or exempt $1,517,300
-
3 · Investment income
total $57,440 · excluded $57,440
-
7a · Gross sales of assets other than inventory
securities $1,791,043
-
7b · Less cost or other basis and sales expenses
securities $1,797,019
-
7c · Gain or loss
securities -$5,976
-
7d · Net gain or loss
total -$5,976 · excluded -$5,976
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $1,346,443
-
10 · Payroll taxes
total $35,517
-
11a · Fees: management
total $23,626
-
11b · Fees: legal
total $3,199
-
11c · Fees: accounting
total $14,824
-
11f · Fees: investment management
total $2,794
-
13 · Office expenses
total $1,149
-
23 · Insurance
total $322
-
24a · Other expenses: INT'L FOUNDATION EXP
total $128
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $211,541 · end of year $473,208
-
2 · Savings and temporary cash investments
beginning of year $550,653 · end of year $368,035
-
4 · Accounts receivable
beginning of year $267 · end of year $43
-
9 · Prepaid expenses and deferred charges
beginning of year $80,207 · end of year $76,557
-
11 · Investments: publicly traded securities
beginning of year $617,988 · end of year $693,280
-
15 · Other assets
beginning of year $49,686 · end of year $51,945
-
17 · Accounts payable and accrued expenses
beginning of year $5,978 · end of year $9,822
-
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 $1,504,364 · end of year $1,653,246
Mission and programs · 2024
Mission
TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS AND DEPENDENTS UNDER THE CLEVELAND LONGSHOREMEN'S HEALTH AND WELFARE FUND.
Activities or mission (Part I)
TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS AND DEPENDENTS (CONTINUED ON SCHEDULE O)UNDER THE CLEVELAND LONGSHOREMEN'S HEALTH AND WELFARE FUND.
-
TO PROVIDE BENEFITS TO PARTICIPANTS AND THEIR DEPENDENTS INCLUDING TERM LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE, SHORT TERM DISABILITY BENEFITS, SURGICAL, MEDICAL, MAJOR MEDICAL, DENTAL, HOLIDAY, VACATION, FUNERAL LEAVE AND SUPPLEMENTAL OFF-SEASON BENEFITS.
As filed on the 2024 return.
Listed in Part VII
-
Morgan C BaileyMORGAN C BAILEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John D Baker JrJOHN D BAKER JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michel BriseboisMICHEL BRISEBOIS
TRUSTEE, 4/1/24-12/31/24
- Total calculated
- $0
- Hours/week
- 2
-
Christopher DugasCHRISTOPHER DUGAS
TRUSTEE, 1/1/25-3/31/25
- Total calculated
- $0
- Hours/week
- 2
-
Ed ThorneED THORNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
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.
-
CLEVELAND LONGSHOREMEN'S PENSION FUND
401 · PROVIDES PENSION BENEFITS TO RETIRED MEMBERS · OH
-
INTERNATIONAL LONGSHOREMEN'S ASSOCIATION LOCAL NO 1317 AFL-CIO
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.
-
FEDERAL MARINE TERMINALS INC
-
C-PORT MARITIME INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 2 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202610439349302026
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