Totals
- Total revenue
- $42,772,104
- Total expenses
- $47,730,760
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $42,249,316
- Investment income
- $522,788
- Other revenue
- $0
- Total assets, end of year
- $23,603,159
- Total liabilities, end of year
- $12,596,038
- Net assets or fund balances, end of year
- $11,007,121
- Program services expenses (Part IX)
- $46,801,874
- Management and general expenses
- $928,886
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $46,801,874
Program services were 98.1% 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: CONTRACTOR LATE FEES
total $55,332 · related or exempt $55,332
-
2b · Program service revenue: EMPLOYER CONTRIBUTIONS
total $36,252,503 · related or exempt $36,252,503
-
2c · Program service revenue: PRESCRIPTION REBATES
total $4,123,785 · related or exempt $4,123,785
-
2d · Program service revenue: RETIREE CONTRIBUTIONS
total $537,820 · related or exempt $537,820
-
2e · Program service revenue: STOP LOSS REIMBURSEMENT
total $1,279,876 · related or exempt $1,279,876
-
3 · Investment income
total $522,788 · related or exempt $522,788
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
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 $46,801,874 · program services $46,801,874
-
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 $746,912 · management and general $746,912
-
11b · Fees: legal
total $41,573 · management and general $41,573
-
11c · Fees: accounting
total $40,767 · management and general $40,767
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $40,263 · management and general $40,263
-
11g · Fees: other
total $24,474 · management and general $24,474
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $15,443 · management and general $15,443
-
14 · Information technology
total $0
-
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 $0
-
23 · Insurance
total $3,270 · management and general $3,270
-
24a · Other expenses: PCORI FEES
total $16,184 · management and general $16,184
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,578,884 · end of year $1,872,778
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $5,035,328 · end of year $6,600,333
-
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
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $15,821,393 · end of year $14,098,869
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,055,902 · end of year $1,031,179
-
17 · Accounts payable and accrued expenses
beginning of year $1,745,052 · end of year $4,061,313
-
25 · Other liabilities
beginning of year $6,176,000 · end of year $8,534,725
-
29 · Capital stock, trust principal or current funds
beginning of year $15,570,455 · end of year $11,007,121
Mission and programs · 2024
Mission
PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS
-
PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS
Expenses $46,801,874 · Revenue $42,249,316
As filed on the 2024 return.
Listed in Part VII
-
Daniel CosnerDANIEL COSNER
Trustee
- Total calculated
- $457,364
- From this org
- $0
- From related orgs
- $290,790
- Other
- $166,574
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- not reported + $290,790 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $150,455 related
- Nontaxable benefits
- not reported + $16,119 related
- Filer's total
- not reported + $457,364 related
-
Charles Della VecchiaCHARLES DELLA VECCHIA
Trustee
- Total calculated
- $403,653
- From this org
- $0
- From related orgs
- $252,860
- Other
- $150,793
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- not reported + $252,860 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $130,834 related
- Nontaxable benefits
- not reported + $19,959 related
- Filer's total
- not reported + $403,653 related
-
Steven DimatteoSTEVEN DIMATTEO
Trustee
- Total calculated
- $326,915
- From this org
- $0
- From related orgs
- $202,293
- Other
- $124,622
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- not reported + $202,293 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $104,663 related
- Nontaxable benefits
- not reported + $19,959 related
- Filer's total
- not reported + $326,915 related
-
Jeffrey HoudeJEFFREY HOUDE
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Joseph Knecht JrJOSEPH KNECHT JR
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Thomas PetersonTHOMAS PETERSON
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. 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.
-
501(C)(5) · LABOR UNION · NJ
-
SOUTH JERSEY ELECTRICAL WORKERS TDB FUND
501(C)(9) · TO PROVIDE TEMPORARY DISABILITY BENEFITS · NJ
-
IBEW LOCAL 351 SURETY PLAN
401(A) · TO PROVIDE ANNUITY BENEFITS · NJ
-
IBEW LOCAL 351 PENSION PLAN
401(A) · TO PROVIDE PENSION BENEFITS · NJ
-
IBEW LOCAL 351 WELFARE SUPPLEMENTAL PLAN
501(C)(9) · TO PROVIDE WELFARE BENEFITS · NJ
-
501(C)(3) · TO PROVIDE TRAINING TO ITS MEMBERSHIP · NJ
-
IBEW LOCAL UNION #351 BUILDING ASSN
501(C)(2) · HOLDING COMPANY FOR REAL PROPERTY · NJ
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542799349301344
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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