Skip to content
Nonprofiteer
← ROOFERS LOCAL 74203 WELFARE FUND

Form 990 for tax year 2023

Filed by ROOFERS LOCAL 74203 WELFARE FUND.

Totals

Total revenue
$4,771,660
Total expenses
$4,868,460
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$4,304,428
Investment income
$199,869
Other revenue
$267,363
Total assets, end of year
$8,289,815
Total liabilities, end of year
$4,729
Net assets or fund balances, end of year
$8,285,086
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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 $4,260,282 · related or exempt $4,260,282

  • 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS

    total $44,146 · related or exempt $44,146

  • 3 · Investment income

    total $219,292 · excluded $219,292

  • 7a · Gross sales of assets other than inventory

    securities $4,035,184

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

    securities $4,054,607

  • 7c · Gain or loss

    securities -$19,423

  • 7d · Net gain or loss

    total -$19,423 · excluded -$19,423

  • 11a · Other revenue: PRESCRIPTION REBATES

    total $265,351 · related or exempt $265,351

  • 11b · Other revenue: CLASS ACTION PROCEEDS

    total $1,797 · related or exempt $1,797

  • 11c · Other revenue: SUNDRY REVENUE

    total $215 · related or exempt $215

  • 11e · Other revenue, total

    $267,363

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $4,379,608

  • 5 · Compensation of officers, directors and key employees

    total $66,623

  • 7 · Other salaries and wages

    total $51,859

  • 8 · Pension plan contributions

    total $24,002

  • 9 · Other employee benefits

    total $17,917

  • 10 · Payroll taxes

    total $10,454

  • 11b · Fees: legal

    total $7,532

  • 11c · Fees: accounting

    total $32,325

  • 11f · Fees: investment management

    total $29,389

  • 11g · Fees: other

    total $161,726

  • 13 · Office expenses

    total $49,733

  • 14 · Information technology

    total $22,447

  • 19 · Conferences, conventions and meetings

    total $7,377

  • 22 · Depreciation, depletion and amortization

    total $3,728

  • 23 · Insurance

    total $3,740

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $456,268 · end of year $10,577

  • 2 · Savings and temporary cash investments

    beginning of year $433,264 · end of year $818,908

  • 4 · Accounts receivable

    beginning of year $425,277 · end of year $432,993

  • 9 · Prepaid expenses and deferred charges

    end of year $4,769

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

    $44,957

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

    $14,199

  • 10c · Land, buildings and equipment, net

    beginning of year $34,486 · end of year $30,758

  • 11 · Investments: publicly traded securities

    beginning of year $6,057,894 · end of year $6,298,778

  • 12 · Investments: other securities

    beginning of year $384,410 · end of year $546,315

  • 15 · Other assets

    beginning of year $68,365 · end of year $146,717

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,889 · end of year $4,729

  • 25 · Other liabilities

    beginning of year $1,338

  • 31 · Retained earnings, endowment or other funds

    beginning of year $7,853,737 · end of year $8,285,086

Mission and programs · 2023

Mission

TO PROVIDE MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS.

  • THE FUND PROVIDED MEDICAL BENEFITS TO MEMBERS, INCLUDING HEALTH, MEDICAL EXPENSE REIMBURSEMENT, DISABILITY, DEATH BENEFITS AND DENTAL AND VISION COVERAGE TO ELIGIBLE PARTICIPANTS.

As filed on the 2023 return.

Listed in Part VII

  • Michael Doyle

    UNION TRUSTE

    Total calculated
    $153,725
    From this org
    $0
    From related orgs
    $97,076
    Other
    $56,649
    Hours/week
    2 + 44 related

    Schedule J breakdown matched by us

    Base
    not reported + $97,076 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $56,649 related
    Filer's total
    not reported + $153,725 related
  • Luke Baecker

    FUND ADMINIS

    Total calculated
    $106,873
    From this org
    $87,469
    From related orgs
    $0
    Other
    $19,404
    Hours/week
    20
  • Philip Lester

    UNION TRUSTE

    Total calculated
    $98,533
    From this org
    $0
    From related orgs
    $61,843
    Other
    $36,690
    Hours/week
    2 + 40 related
  • Mark Carpenter

    UNION TRUSTE

    Total calculated
    $55,567
    From this org
    $0
    From related orgs
    $32,135
    Other
    $23,432
    Hours/week
    2 + 40 related
  • Sean Bernas

    UNION TRUSTE

    Total calculated
    $6,349
    From this org
    $791
    From related orgs
    $3,595
    Other
    $1,963
    Hours/week
    2 + 1 related
  • Patrick Byrne

    EMPLOYER TRU

    Total calculated
    $0
    Hours/week
    2
  • Jeff Embow

    CHAIRMAN/EMP

    Total calculated
    $0
    Hours/week
    2
  • Peter Griffiths

    EMPLOYER TRU

    Total calculated
    $0
    Hours/week
    2
  • Russ McGlynn

    EMPLOYER TRU

    Total calculated
    $0
    Hours/week
    2
  • Wendy Sanders

    EMPLOYER TRU

    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. 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.

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.

  • CHARLES F EVANS CO INC

    CONTRACTOR

  • DIAMOND ROOFING INC

    CONTRACTOR

  • DURANT ASSOCIATES LLC

    CONTRACTOR

  • ELMER W DAVIS

    CONTRACTOR

  • GROVE ROOFING SVCS INC

    CONTRACTOR

  • JAMESON ROOFING CO INC

    CONTRACTOR

  • JOSEPH SANDERS & SONS

    CONTRACTOR

  • KB SERVICES LLC

    CONTRACTOR

  • NEW BRITAIN ROOFERS CO

    CONTRACTOR

  • PROGRESSIVE ROOFING INC

    CONTRACTOR

  • TITAN ROOFING

    CONTRACTOR

  • WEATHERMASTER ROOFING CO

    CONTRACTOR

  • WEAVER METAL & RFG CO

    CONTRACTOR

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202521329349303772

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.