PAVERS & ROAD BUILDERS DISTRICT COUNCIL WELFARE FUND: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PAVERS & ROAD BUILDERS DISTRICT COUNCIL WELFARE FUND (EIN 13-5562753)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-29
- IRS object ID
- 202403039349301830
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-29T15:57:41-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 462725636 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CASTIGLIA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 BURR RD | AddressLine1Txt |
| City | EAST NORTHPORT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11731 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562753 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAVERS & ROADBUILDERS DC | BusinessNameLine1Txt |
| Business Name Line2 | WELFARE FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PAVE | BusinessNameControlTxt |
| Phone | 7189616963 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17-20 WHITESTONE EXPRESSWAY STE 200 | AddressLine1Txt |
| City | WHITESTONE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11357 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEITH LOSCALZO | PersonNm |
| Person Title | UNION TRUSTEE | PersonTitleTxt |
| Phone | 7189616963 | PhoneNum |
| Signature | 2024-10-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT V CASTIGLIA CPA | PreparerPersonNm |
| PTIN | P00627612 | PTIN |
| Phone | 6314867830 | PhoneNum |
| Preparation | 2024-10-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEITH LOSCALZO | PrincipalOfficerNm |
| Gross Receipts | $242,754,646 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1950 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | COLLECTIVELY BARGAINED MULTI-EMPLOYER WELFARE FUND CREATED TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS & THEIR DEPENDENTS | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $71,578,951 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $75,293,419 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,008,681 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,340,958 | CYInvestmentIncomeAmt |
| PY Other Revenue | $507,343 | PYOtherRevenueAmt |
| CY Other Revenue | $1,157,480 | CYOtherRevenueAmt |
| PY Total Revenue | $73,094,975 | PYTotalRevenueAmt |
| CY Total Revenue | $80,791,857 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $63,138,879 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $70,955,933 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $684,093 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $804,441 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,822,418 | PYOtherExpensesAmt |
| CY Other Expenses | $1,675,704 | CYOtherExpensesAmt |
| PY Total Expenses | $65,645,390 | PYTotalExpensesAmt |
| CY Total Expenses | $73,436,078 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,449,585 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,355,779 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $156,206,938 | TotalAssetsBOYAmt |
| Total Assets EOY | $173,525,464 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,859,223 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,357,100 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $141,347,715 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $156,168,364 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COLLECTIVELY BARGAINED MULTI-EMPLOYER WELFARE FUND CREATED TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS & THEIR DEPENDENTS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | COLLECTIVELY BARGAINED MULTI-EMPLOYER WELFARE FUND CREATED TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS & THEIR DEPENDENTS | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS & THEIR DEPENDENTS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAVERS WELFARE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7189616964 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17-20 WHITESTONE EXPRESSWAY STE 200 | AddressLine1Txt |
| City | WHITESTONE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11357 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JOSEPH MONTELLE | ||||||||
| ADMIN/TR. DI | 22.00 | 18.00 | Yes (X) | $0 | $280,498 | $125,463 | ||
| KEITH LOSCALZO | ||||||||
| UNION TRUSTE | 0.00 | 0.00 | $0 | $273,698 | $125,463 | Yes (X) | ||
| FRANCISCO FERNANDEZ | ||||||||
| UNION TRUSTE | 0.00 | 0.00 | $0 | $219,351 | $125,463 | Yes (X) | ||
| MARY CIMINO | ||||||||
| ASST ADMINIS | 16.00 | 24.00 | Yes (X) | $0 | $128,802 | $89,520 | ||
| FERNANDO NETO | ||||||||
| FUND EMPLOYE | 16.00 | 24.00 | $139,028 | $0 | $0 | Yes (X) | ||
| JOHN KOBEL | ||||||||
| FUND EMPLOYE | 0.00 | 40.00 | $135,065 | $0 | $0 | Yes (X) | ||
| CYNTHIA WONG | ||||||||
| FUND EMPLOYE | 12.00 | 28.00 | $127,950 | $0 | $0 | Yes (X) | ||
| DENISE ALIOTO | ||||||||
| FUND EMPLOYE | 37.00 | 3.00 | $113,996 | $0 | $0 | Yes (X) | ||
| MARK ROSEN | ||||||||
| EMPLOYER TRU | $0 | $0 | $0 | Yes (X) | ||||
| ROBERT WESSELS | ||||||||
| EMPLOYER TRU | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $516,039 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $902,349 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $465,909 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EMPIRE BLUE CROSS | |||||
| 165 BROADWAY | NEW YORK | NY | 10006 | CLAIMS ADM | $1,134,431 |
| ZENITH AMERICAN SOLUTION | |||||
| 10440 LITTLE PATUXENT PKWY | COLUMBIA | MD | 21044 | THIRD PART ADMI | $394,668 |
| GORLICK KRAVITZ & LISTHAUS | |||||
| 17 STATE ST 4TH FLOOR | NEW YORK | NY | 10004 | LEGAL | $282,340 |
| INTERCONTINENTAL | |||||
| 1270 SOLDIERS FIELD ROAD | BOSTON | MA | 02135 | INVESTMENT FEES | $137,977 |
| CASTIGLIA LLP | |||||
| 134 BURR ROAD | EAST NORTHPORT | NY | 11731 | AUDITING | $127,947 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| EMPLOYER CONTRIBUTIONS | $52,676,870 | $52,676,870 |
| CONTRIBUTIONS VACATION | $22,502,038 | $22,502,038 |
| COBRA MEMBER CONTRIBUTIONS | $114,511 | $114,511 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $75,293,419 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,340,705 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $954,644 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,386,061 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $160,950,520 | SecuritiesAmt |
| Other | $12,522 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $161,962,789 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,012,269 | SecuritiesAmt |
| Other | $12,522 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$999,747 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$999,747 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| MEDICARE PART D | $476,492 | $476,492 |
| INT & LIQ DAMAGES-DELINQ EMPL | $340,715 | $340,715 |
| MISCELLANEOUS INCOME | $340,273 | $340,273 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,157,480 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,791,857 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $76,405,796 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,386,061 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,955,933 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $463,462 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,882 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $176,016 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,081 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,349 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,947 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,970 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,838 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,641 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,299 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,551 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,948 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,502 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,366 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ADMINISTRATIVE FEES | $394,668 |
| HEALTH FAIR PICNIC | $74,600 |
| STORAGE EXPENSE | $9,606 |
| DUES AND SUBSCRIPTIONS | $419 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,436,078 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337 | BOYAmt |
| EOY | $385 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,729,067 | BOYAmt |
| EOY | $31,491,861 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,864,382 | BOYAmt |
| EOY | $10,487,871 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,269 | BOYAmt |
| EOY | $12,830 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $142,264 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $93,847 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,308 | BOYAmt |
| EOY | $48,417 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,866,769 | BOYAmt |
| EOY | $127,418,537 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,665,806 | BOYAmt |
| EOY | $4,065,563 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,206,938 | BOYAmt |
| EOY | $173,525,464 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $239,341 | BOYAmt |
| EOY | $184,753 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,619,882 | BOYAmt |
| EOY | $17,172,347 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,859,223 | BOYAmt |
| EOY | $17,357,100 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,347,715 | BOYAmt |
| EOY | $156,168,364 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,347,715 | BOYAmt |
| EOY | $156,168,364 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,206,938 | BOYAmt |
| EOY | $173,525,464 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,355,779 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,464,870 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,917 | OtherCostOrOtherBasisAmt |
| Depreciation | $50,309 | DepreciationAmt |
| Book Value | $1,608 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,695 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,695 | DepreciationAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $76,652 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,843 | DepreciationAmt |
| Book Value | $46,809 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $48,417 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| REMITTANCES COLLECTED & UNDISTRIBUTE | $9,517,220 |
| NET TRADES PENDING SETTLEMNT | $3,874,260 |
| ACCUM UNALLOCATED RECEIPTS | $1,680,832 |
| LEASE LIABILITY - ASC 842 | $1,177,907 |
| LITIGATION SETTLEMENT PAYABLE | $912,500 |
| DUE TO RELATED FUNDS | $9,628 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,172,347 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $87,404,765 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $7,464,870 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $7,464,870 | RevenueNotReportedAmt |
| Revenue Subtotal | $79,939,895 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $375,470 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $476,492 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $851,962 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $80,791,857 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $72,584,116 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$476,492 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$476,492 | ExpensesNotReportedAmt |
| Expenses Subtotal | $73,060,608 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $375,470 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $375,470 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $73,436,078 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | MEDICARE PART D REIMBURSE 476,492 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | MEDICARE PART D REFUND -476,492 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|
| JOSEPH MONTELLE | ||||
| ADMIN/TR. DIRECTOR | $280,498 | $111,000 | $14,463 | $405,961 |
| KEITH LOSCALZO | ||||
| UNION TRUSTEE | $273,698 | $111,000 | $14,463 | $399,161 |
| FRANCISCO FERNANDEZ | ||||
| UNION TRUSTEE | $219,351 | $111,000 | $14,463 | $344,814 |
| MARY CIMINO | ||||
| ASST ADMINISTRATOR | $128,802 | $75,057 | $14,463 | $218,322 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | INDEPENDENT CONTRACTORS ARE PAID FROM THE WELFARE FUND AND ALLOCATED TO THE RELATED FUNDS FOR REIMBURSEMENT. 1099S ARE ISSUED FROM THE 3RD PARTY ADMINISTATOR AND THE NET AMOUNT PAID TO CONTRACTORS IS PRESENTED IN THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4D | TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS & THEIR DEPENDENTS |
| FORM 990, PAGE 6, PART VI, LINE 11B | EMAILED TO TRUSTEES FRO REVIEW PRIOR TO FILING |
| FORM 990, PAGE 6, PART VI, LINE 15A | APPROVED BY BOARD OF TRUSTEES |
| FORM 990, PAGE 6, PART VI, LINE 15B | APPROVED BY BOARD OF TRUSTEES |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST |
| FORM 990, PART XI, LINE 9 | MEDICARE PART D REIMBURSE -476,492 MEDICARE PART D REFUND 476,492 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| PAVERS PENSION FUND | |||||||||
| 13-25 37TH AVE | FLUSHING | NY | 11354 | 131990171 | BENEFIT FD | NY | 501A | N/A | false |
| PAVERS ANNUITY FUND | |||||||||
| 13-25 37TH AVE | FLUSHING | NY | 11354 | 112629710 | BENEFIT FD | NY | 501A | N/A | false |
| PAVERS SKILL IMPROVEMENT & SAFETY | |||||||||
| 13-25 37TH AVE | FLUSHING | NY | 11354 | 113339915 | TRAINING | NY | 501C3 | N/A | false |
| LOCAL UNION 1010 | |||||||||
| 136-25 37TH AVE | FLUSHING | NY | 11354 | 135559726 | LABOR UNIO | NY | 501 C5 | N/A | false |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Business Name Line2RelatedOrganizationName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| PAVERS WELFARE FUND HOLDING CORP | ||||||||||
| 136-25 37TH AVE | FLUSHING | NY | 11354 | 132886311 | HOLDING CO | NY | N/A | C CORP | false | |
| ATTACHED | ||||||||||
| N/A | false | ATTACHED | ||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PAVERS PENSION FUND | ||
| Q | $713,486 | ALLOCATION |
| PAVERS ANNUITY FUND | ||
| Q | $519,003 | ALLOCATION |
| PAVERS PENSION FUND | ||
| O | $268,985 | ALLOCATION |
| PAVERS WELFARE FUND HOLDING | ||
| N | $79,112 | ALLOCATION |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | CERTAIN TRUSTEES LISTED ON FORM 990, PART VII, SECTION A SERVE AS VOLUNTEERS AND DO NOT RECEIVE COMPENSATION FROM THE FILING ENTITY OR ANY RELATED ORGANIZATION IN THEIR CAPACITY AS TRUSTEES OF THE FILING ORGANIZATION. CERTAIN TRUSTEES OR OFFICERS LISTED DO NOT RECEIVE COMPENSATION FROM THE FILING ORGANIZATION BUT DO RECEIVE COMPENSATION FROM A RELATED ORGANIZATION IN THEIR CAPACITY AS EMPLOYEE/OFFICERS OF THE RELATED ORGANIZATION, THEREFORE THEIR COMPENSATION IS REPORTED ON THE FORM 990 OF THAT ORGANIZATION. | ExplanationTxt |
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