LABORERS DISTRICT COUNCIL OF: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LABORERS DISTRICT COUNCIL OF (EIN 25-6035806)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202433139349302743
- Schema version
- 2023v5.1
- 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 | 2024-11-08T13:37:02-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 874193037 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENNETH M WASSERMAN CPA & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3616 LIBERTY AVENUE | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 152011326 | 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 | 256035806 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LABORERS' DISTRICT COUNCIL OF WESTERN | BusinessNameLine1Txt |
| Business Name Line2 | PENNSYLVANIA WELFARE FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LABO | BusinessNameControlTxt |
| Phone | 4122630900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 EIGHTH STREET 5TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP AMERISPAUL SCABILLONI | PersonNm |
| Person Title | CHAIRMAN/SECRETARY TREASURER | PersonTitleTxt |
| Phone | 4122630900 | PhoneNum |
| Signature | 2024-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KENNETH M WASSERMAN CPA | PreparerPersonNm |
| PTIN | P01050350 | PTIN |
| Phone | 4126217737 | PhoneNum |
| 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 | PHILIP AMERISPAUL SCABIL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 EIGHTH STREET SUITE 500 | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $272,821,599 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | LCFOWPA.COM | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1953 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE GROUP BENEFITS SUCH AS MEDICAL, PRESCRIPTION DRUG, VISION, AND LIFE INSURANCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $111,325,954 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $108,111,125 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$730,175 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,423,356 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $110,595,779 | PYTotalRevenueAmt |
| CY Total Revenue | $128,534,481 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $84,966,305 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $82,702,271 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,018,921 | PYOtherExpensesAmt |
| CY Other Expenses | $4,217,443 | CYOtherExpensesAmt |
| PY Total Expenses | $87,985,226 | PYTotalExpensesAmt |
| CY Total Expenses | $86,919,714 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $22,610,553 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $41,614,767 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $426,531,211 | TotalAssetsBOYAmt |
| Total Assets EOY | $479,750,876 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,226,699 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,612,642 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $425,304,512 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $478,138,234 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE PROVISION OF GROUP BENEFITS FOR ELIGIBLE EMPLOYEES OF THE EMPLOYERS AND FAMILY MEMBERS OF ELIGIBLE EMPLOYEES NUMBERING APPROXIMATELY 12,537 PARTICIPANTS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $86,919,714 | ExpenseAmt |
| Desc | PROVIDED GROUP HEALTHCARE BENEFITS FOR APPROXIMATELY 12,537 PARTICIPANTS AND PLAN TO CONTINUE PROVIDING HEALTHCARE BENEFITS FOR OUR ELIGIBLE EMPLOYEES AND THEIR ELIGIBLE FAMILY MEMBERS. | Desc |
| Total Program Service Expenses | $86,919,714 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | Yes (1) | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEVIN HRIBAR ADMINISTRATOR LABORERS COMBINED FUNDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4122630900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 EIGHTH STREET 5TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|
| PHILIP AMERIS | |||||
| EMPLOYEE TRUSTEE | 4.00 | Yes (X) | $0 | $0 | $0 |
| JAMES E BOYD | |||||
| EMPLOYEE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| JOSEPH J LAQUATRA JR | |||||
| EMPLOYEE TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 |
| JEFFERY R HORNER | |||||
| EMPLOYEE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| ROBERT FURKA | |||||
| EMPLOYEE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| JASON MARKOVICH | |||||
| EMPLOYEE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| MARK G TOY | |||||
| EMPLOYEE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| PAUL V SCABILLONI | |||||
| EMPLOYER TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 |
| JAKE PLOEGER | |||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| GEORGE E MEZEY | |||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| PAUL D MARTIN | |||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| JOSEPH A WATTICK | |||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| JOHN C MASCARO JR | |||||
| EMPLOYER TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| MICHAEL A FACCHIANO JR | |||||
| EMPLOYEE TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HIGHMARK | |||||
| 120 FIFTH AVENUE | PITTSBURGH | PA | 15222 | MEDICAL CLAIMS PROCESSOR | $5,220,900 |
| LABORERS' COMBINED FUNDS | |||||
| 12 EIGHTH STREET SUITE 500 | PITTSBURGH | PA | 15222 | FUND ADMINISTRATION | $2,816,220 |
| BOSTON PARTNERS MGMT INC | |||||
| ONE BEACON ST 30TH FL | BOSTON | MA | 02108 | INVESTMENT MANAGEMENT SERVICES | $713,933 |
| HM INSURANCE GROUP | |||||
| 120 FIFTH AVENUE | PITTSBURGH | PA | 15222 | STOP LOSS INSURANCE | $593,727 |
| MONDRIAN INVESTMENT GROUP INC | |||||
| TWO COMMERCE SQUARE STE 3810 | PHILADELPHIA | PA | 19103 | INVESTMENT MANAGEMENT SERVICES | $191,260 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 525100 | $107,102,880 | $107,102,880 |
| EMPLOYEE SELF PAYMENTS | 525100 | $1,008,245 | $1,008,245 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $108,111,125 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,936,930 | TotalRevenueColumnAmt |
| Exclusion | $19,936,930 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $144,773,544 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $144,287,118 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $486,426 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $486,426 | TotalRevenueColumnAmt |
| Exclusion | $486,426 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,534,481 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $108,111,125 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,423,356 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,702,271 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,221 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,037 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,081,667 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,242 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ADMINISTRATION EXPENSE | $2,816,220 |
| PATIENT-CENTERED OUTCOM | $41,400 |
| INVESTMENT ADVISORY SER | $30,000 |
| MISCELLANEOUS EXPENSE | $656 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,919,714 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,191,787 | BOYAmt |
| EOY | $39,750,228 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,130,077 | BOYAmt |
| EOY | $9,835,988 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,680 | BOYAmt |
| EOY | $10,016 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $287,925,894 | BOYAmt |
| EOY | $328,330,416 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,557,570 | BOYAmt |
| EOY | $99,840,583 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,718,203 | BOYAmt |
| EOY | $1,983,645 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $426,531,211 | BOYAmt |
| EOY | $479,750,876 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $950,456 | BOYAmt |
| EOY | $1,064,717 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $276,243 | BOYAmt |
| EOY | $547,925 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,226,699 | BOYAmt |
| EOY | $1,612,642 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $348,950,771 | BOYAmt |
| EOY | $360,169,726 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,353,741 | BOYAmt |
| EOY | $117,968,508 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $425,304,512 | BOYAmt |
| EOY | $478,138,234 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $426,531,211 | BOYAmt |
| EOY | $479,750,876 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $41,614,767 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $11,218,955 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| 103-12 INVESTMENT ENTITY | $32,489,063 | F |
| GMO BENCHMARK-FREE ALLOC-III | $36,604,522 | F |
| BOYD WATTERSON GSA | $13,565,342 | F |
| INTERCONTINENTAL US RE FD LLC | $17,181,656 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $99,840,583 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PAYABLES FOR INVESTMENTS PURCHASED | $378,745 |
| AMOUNTS DUE LABORERS' COMBINED FUNDS | $169,180 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $547,925 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $138,671,769 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $11,218,955 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $11,218,955 | RevenueNotReportedAmt |
| Revenue Subtotal | $127,452,814 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,081,667 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $1,081,667 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $128,534,481 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $85,838,047 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $85,838,047 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,081,667 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $1,081,667 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $86,919,714 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2 - | FormAndLineReferenceDesc |
| Explanation | THERE IS NO FOOTNOTE IN THE FINANCIAL STATEMENTS THAT REPORTS THE ORGANIZATIONS TAX LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | AND 1B:EACH BOARD MEMBER HAS AN EQUAL VOTING RIGHT. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING TWO INDIVIDUAL TRUSTEES, GEORGE MEZEY AND JAKE PLOEGER, HAVE A BUSINESS RELATIONSHIP WITH TRUMBULL CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE WELFARE FUND TRUSTEES DELEGATE ADMINISTRATIVE DUTIES TO THE LABORERS' COMBINED FUNDS OF WESTERN PA. NONE OF THE ORGANIZATIONS CURRENT OR FORMER TRUSTEES WERE COMPENSATED BY THE MANAGEMENT COMPANY OR OTHER PERSONS DURING THE CALENDAR YEAR ENDING WITH OR WITHIN THE ORGANIZATION'S TAX YEAR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMPLETED FORM 990 IS PRESENTED AND REVIEWED BY THE TRUSTEES PRIOR TO FILING |
| FORM 990, PART VI, SECTION C, LINE 19 | THE SUMMARY PLAN DESCRIPTION AND FORM 5500 INCLUDING AUDITED FINANCIAL STATEMENTS AND DETAILED ASSETS HELD AT YEAR END ARE AVAILABLE ON THE LABORERS' COMBINED FUNDS OF WESTERN PA WEBSITE. TRUST AGREEMENTS ARE AVAIABLE AT THE REQUEST OF THE PARTICIPANTS. THE LABORERS' DISTRICT COUNCIL OF WESTERN PA WELFARE FUND WOULD COMPLY WITH ALL LEGAL REQUIREMENTS REGARDING PUBLIC DISCLOSURE OF FINANCIAL AND TAX DOCUMENTS |
| FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC | PHILIP AMERIS - LABORERS' DISTRICT COUNCIL W. PA, 12 EIGHTH ST.,6TH FLOOR, PITTSBURGH, PA 15222. JAMES E BOYD - LABORERS' LOCAL UNION 1451, 816 LIGONIER ST, STE 202, LATROBE, PA 15650. JOSEPH J LAQUATRA JR - LABORERS'LOCAL UNION 1058, 12 EIGHTH ST., 1ST FLOOR, PITTSBURGH, PA 15222. JEFFERY R HORNER - LABORERS' LOCAL UNION 824, 316 W. LINN ST., BELLEFONTE, PA 16823. ROBERT FURKA - LABORERS' LOCAL UNION 323, 6 CHESAPEAKE ST STE 200-A, LYNDORA, PA 16045. JASON MARKOVICH - LABORERS' LOCAL UNION 373, 611 THOMPSON RUN RD, MONROEVILLE, PA 15146. MARK G TOY - LABORERS' LOCAL 952, 186 BLANEY ROAD, KITTANNING, PA 16201. PAUL V SCABILLONI - MARSA INC, 1000 CASTLEVIEW ROAD, PITTSBURGH, PA 15234. JAKE PLOEGER - TRUMBULL CORPORATION, PO BOX 6774, PITTSBURGH, PA 15212. GEORGE E MEZEY - TRUMBULL CORPORATION,PO BOX 6774, PITTSBURGH, PA 15212. PAUL D MARTIN - MCCROSSIN FOUNDATIONS INC 2607 NICHOLSON RD BLDG 2 STE 2400, SEWICKLEY, PA 15143. JOSEPH A WATTICK - MOSITES CONSTRUCTION COMPANY, 400 MOSITES WAY, PITTSBURGH, PA 15205. JOHN C MASCARO JR - MASCARO CONSTRUCTION CO. LP, 1720 METROPOLITAN ST, PITTSBURGH, PA 15233. MICHAEL A FACCHIANO JR - MICHAEL FACCHIANO CONTRACTING INC, 801 MCNEILLY RD, PITTSBURGH, PA 15226. |
| FORM 990, PART XII LINE 2 C | THERE IS NO CHANGE FROM THE PRIOR YEAR IN HOW THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LABORERS' COMBINED FUNDS OF WESTERN PA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12 EIGHTH STREET 5TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251333639 | EIN |
| Primary Activities | ADMINISTRATION | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LABORERS' COMBINED FUNDS OF WESTERN PA | ||
| L | ||
| LABORERS' COMBINED FUNDS OF WESTERN PA | ||
| M | ||
| LABORERS' COMBINED FUNDS OF WESTERN PA | ||
| P | $2,816,220 | COMPUTER BASED FORMULA TO RECOVER |
| (no name) | ||
| ADMINISTRATIVE EXPENSES | ||
| LABORERS' COMBINED FUNDS OF WESTERN PA | ||
| R | $2,816,220 | RECOVER COST |
| LABORERS' COMBINED FUNDS OF WESTERN PA | ||
| S | $108,111,125 | BY CONTRACT |
Comments