Form 990 for tax year 2024
Filed by MOSAIC & TERRAZZO WELFARE FUND.
Totals
- Total revenue
- $9,040,042
- Total expenses
- $8,708,231
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $8,852,840
- Investment income
- $78,694
- Other revenue
- $108,508
- Total assets, end of year
- $5,391,829
- Total liabilities, end of year
- $1,182,000
- Net assets or fund balances, end of year
- $4,209,829
- 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 $8,655,852 · related or exempt $8,655,852
-
2b · Program service revenue: RETIREES CONTRIBUTIONS
total $196,988 · related or exempt $196,988
-
3 · Investment income
total $70,957 · excluded $70,957
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $275,000
-
7b · Less cost or other basis and sales expenses
securities $267,263
-
7c · Gain or loss
securities $7,737
-
7d · Net gain or loss
total $7,737 · excluded $7,737
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other income
total $36,664 · related or exempt $36,664
-
11b · Other revenue: Stop Loss Reimbursment
total $71,844 · related or exempt $71,844
-
11e · Other revenue, total
$108,508
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $8,052,926
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $22,770
-
11c · Fees: accounting
total $30,500
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $2,208
-
11g · Fees: other
total $228,663
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $834
-
14 · Information technology
total $3,657
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,314
-
23 · Insurance
total $0
-
24a · Other expenses: Expense allocations
total $361,603
-
24b · Other expenses: Bank service charges
total $2,756
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $436,577 · end of year $607,847
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $3,676,853 · end of year $1,409,368
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$177,141
-
10b · Land, buildings and equipment: accumulated depreciation
$172,732
-
10c · Land, buildings and equipment, net
beginning of year $6,722 · end of year $4,409
-
11 · Investments: publicly traded securities
beginning of year $1,286,759 · end of year $3,370,205
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $150,296 · end of year $55,932
-
25 · Other liabilities
beginning of year $1,382,350 · end of year $1,126,068
-
31 · Retained earnings, endowment or other funds
beginning of year $3,874,265 · end of year $4,209,829
Mission and programs · 2024
Mission
The Plan was established for the purpose of providing health care and other benefits to eligible employees and retirees covered by collective bargaining agreements.
-
PROVIDED HEALTH, WELFARE AND OTHER BENEFITS TO COVERED PLAN PARTICIPANTS.
As filed on the 2024 return.
Listed in Part VII
-
Rosa Maria ToneattoROSA MARIA TONEATTO
FUND ADMIN
- Total calculated
- $149,670
- From this org
- $0
- From related orgs
- $115,588
- Other
- $34,082
- Hours/week
- 16.5 + 18.5 related
-
Nicholas HopkoNICHOLAS HOPKO
UNION TRUSTEE
- Total calculated
- $687
- From this org
- $0
- From related orgs
- $687
- Other
- $0
- Hours/week
- 1 + 2 related
-
Patrick BoniciPATRICK BONICI
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Michael MagnanMICHAEL MAGNAN
EMPLYR TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Michael KrissMICHAEL KRISS
EMPLYR TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 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.
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.
-
MOSAIC AND TERRAZZO ANNUITY FUND
501(A) · TO PROVIDE ANNUITY BENEFITS · NY
Directly controlled by NA
-
MOSAIC AND TERRAZZO PENSION FUND
501(A) · TO PROVIDE PENSION BENEFITS · NY
Directly controlled by NA
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.
-
CONTRIB EMPLOYERS SCHED ATTACHED
CONTR. EMPLOYER · NY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523119349303722
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.