2024-07-22T17:57:33-05:00 2023-12-31 510435869 Needles & Associates LLC 350 Interlocken Blvd STE 360 Broomfield CO 80021 990 2023-07-01 824038622 UGSOA Health and Welfare Fund UGSO 8643700711 2879 Cranberry Highway East Wareham MA 02538 Jeff Miller 7/22/24 8643700711 2024-07-22 1 Jeff Miller 999009999 0 Kurt Needles CPA P00850236 3034304225 2024-07-22 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Jeff Miller 2879 Cranberry Highway East Wareham MA 02538 5497507 0 X UGSOA.com X 2017 SC The organization is a collectively bargained multiemployer benefit plan that provides health benefits to eligible participants and their dependents. 4 0 0 0 0 0 0 0 9883154 5497507 0 0 1280610 0 11163764 5497507 0 0 9081611 5224442 0 0 0 0 0 726520 455191 9808131 5679633 1355633 -182126 3710383 3296110 1854764 1622617 1855619 1673493 The organization is a collectively bargained multiemployer benefit plan that provides health benefits to eligible participants and their dependents. 0 0 The organization is a collectively bargained multiemployer benefit plan that provides health benefits to eligible participants and their dependents. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X Board of Trustees 8643700711 PO Box 6708 Greenville SC 29606 X Jeff Miller Chairman 1.00 X 0 0 0 Mike LeBlanc Trustee 1.00 X 0 0 0 Matt Sipos Trustee 1.00 X 0 0 0 0 0 0 0 0 0 0 Benefit Source Inc PO Box 6708 Greenville SC 29606 Administrative 216858 1 Employers' contributions 525100 5497507 5497507 5497507 5497507 0 0 5497507 5224442 16325 9776 15000 216858 28325 4263 Reimbursement to Pensio 163449 Employee Training Expen 1195 5679633 2002770 1995384 1550254 1265867 122500 38732 3873 34859 34859 3710383 3296110 74341 41473 1780423 1581144 1854764 1622617 X 1855619 1673493 1855619 1673493 3710383 3296110 -182126 0 X 0 1 X 1 0 38732 3873 34859 34859 Claims payable and claims incurred but not reported 768382 Premium obligation 175894 Due to other funds 197984 Dollar bank accumulative eligibility obligation 438884 1581144 X 5497507 0 5497507 0 5497507 5679633 0 5679633 0 5679633 Part X, Line 2: The trust funding benefits of the Plan received an exemption letter from the Internal Revenue Service stating that the trust is tax-exempt under the provision of Section 501(c)9 of the Internal Revenue Code. The Plan and the trust are required to operate in conformity with the Internal Revenue Code to maintain the tax-exempt status of the trust. Plan management believes that the Plan is being operated in compliance with the applicable requirements of the Internal Revenue Code. Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if it has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Plan management has evaluated the Plan's tax positions and concluded that the Plan has taken no uncertain tax positions that would require financial statement recognition or disclosure for the years ended December 31, 2023 and 2022. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for the current tax period in progress. Part XII, Line 2d - Other Adjustments: Change in benefit obligations Form 990, Part VI, Section B, line 11b Form 990 was provided to the Trustees prior to filing. Form 990, Part VI, Section B, line 12c There will be a Board of Trustees meeting and any interested person can disclose annually interests that could give rise to conflict. Then the board can make a vote and decide. Form 990, Part VI, Section C, line 19 The organization's governing documents are available upon request. Please see attached letter for reasonable cause. We are the responsible party for completing for the Board of Trustees review and approval the form 990 for the above-mentioned Plan. The firm of Needles & Associates, LLC files approximately 68 form 990s for our clients annually. We have been doing this for my entire career of over 40 years. In my recent memory I can only remember one time a form was not filed timely, and only by a couple of days. There have not been any other times that I can remember. The UGSOA Health and Welfare Fund changed the plan year from a fiscal June 30th to a calendar year end. We filed the final fiscal June 30, 2023 form 990 in April 2024. After the form was filed, we tried to file the extension for 12/31/2023. This was April 22, 2024. We believe that the staff rolled over the software and filed the extension for the 990 but he did not change the date to December 2023. (The software used June 2024) He left the firm May 31, 2024, but all indications show that this was the issue. We assigned his duties to a new manager and when he was reviewing the prior staff's work, he noticed that the extension was rejected. On June 17, 2024 he tried to correct the extension with the correct dates. When he was filing this change, he did not change the email address and the rejection went to the prior staff's account. We are now preparing the form 5500 for this short year and again we saw the rejection of the extension that was originally filed in April 2024. We have called your help line several times and were told by the agent she could see we tried to file. We attempted twice to correct our error. There is no attempt by us or the plan not to file timely. This is a regrettable error but we attempted to file the extension, tried to fix the dates as timely as possible so you can see we are diligently trying to correct and file the form 990. Please abate any penalty because neither the Plan or Needles & Associates attempted to avoid filing. Thank you for your consideration in this matter. Under the penalty of perjury, United Government Security Officers of America 2879 Cranberry Highway East Wareham MA 02538 841214798 Labor Organization MA 501(c) 0 UGSOA Retirement Plan 2879 Cranberry Highway East Wareham MA 02538 464857037 Retirement Trust Fund MA 401(a), 401(k) & 501 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0