2023-03-24T13:02:31-05:00 2022-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2022-01-01 221010215 IBEW LOCAL UNION #456 INTE 7322462122 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 MICHAEL G MCLAUGHLIN PRESIDENT 7322462122 2023-03-24 1 MICHAEL MCLAUGHLIN 999009999 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL G MCLAUGHLIN 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 5146351 0 X N/A X UNION 1915 NJ CONDUCTING OF COLLECTIVE BARGAINING ACTIVITIES ON BEHALF OF MEMBERS. 14 0 26 0 0 0 0 0 3284999 2940266 652026 478347 49286 124347 3986311 3542960 0 0 0 0 2525354 2583720 0 0 0 1321278 1529863 3846632 4113583 139679 -570623 20214352 18313830 439875 237712 19774477 18076118 TO PROMOTE THE WELFARE OF ITS MEMBERS AND TO STRIVE TO ENHANCE THE WORKING CONDITIONS FOR ITS MEMBERS EMPLOYED IN THE ELECTRICAL CONSTRUCTION INDUSTRY. 0 0 LABOR UNION ORGANIZED TO REPRESENT ELECTRICAL WORKERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 0 1 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X LOCAL UNION 7322462122 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 JOSEPH V EGAN BUSINESS MANAGER 40.00 X 265972 0 150569 FRANCIS T LEAKE FORMER ASST BUS MGR 40.00 X 64242 0 33463 MICHAEL G MCLAUGHLIN PRESIDENT 40.00 X 229890 0 131470 KEVIN P EGAN BUS. REPRESENTATIVE 40.00 X 222452 0 131470 ALAN BULVANOSKI BUS. REPRESENTATIVE 40.00 X 222452 0 131470 WAYNE MARTIAK SR BUS. REPRESENTATIVE 40.00 X 222452 0 131470 EDWARD SOFIELD EXEC BOARD 3.00 X 2789 0 0 DENNIS F CRONIN EXEC BOARD 3.00 X 2789 0 0 JOSEPH SHERRY FORMER EXEC BOARD 3.00 X 2789 0 0 ANDREW BRYS VICE PRESIDENT 3.00 X 1858 0 0 CATHERINE GALLAGHER FORMER EXEC BOARD 5.00 X 2510 0 0 MICHAEL BLACK RECORDING SECRETARY 4.00 X 3719 0 0 RICHARD SHINE JR EXEC BOARD 3.00 X 4358 0 0 RICKY CARR EXEC BOARD 3.00 X 2789 0 0 TIMOTHY MCMAHON EXEC BOARD 3.00 X 9936 0 0 WARREN SMITH TREASURER 6.00 X 8419 0 0 BRYAN WITHAM EXEC BOARD 3.00 X 2741 0 0 1272157 0 709912 5 0 1 0 NEW BRUNSWICK ELECTRICIANS CLUB INC 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 RENT 207424 UBS FINANCIAL SERVICES INC 500 CAMPUS DRIVE FLORHAM PARK NJ 07932 INVESTMENT FEES 128768 2 ASSESSMENTS 900099 2920795 2920795 DUES - LOCAL UNION SHARE 900099 19471 19471 2940266 304091 304091 1777647 1603391 174256 174256 174256 GAIN ON SALE OF ASSETS 900099 96217 96217 OTHER INCOME 900099 28130 28130 124347 3542960 3238869 0 304091 1272157 171603 470524 567382 102054 729 37000 156026 27231 63020 11168 207424 136016 34987 123750 70053 MEMBERSHIP DEVELOPMENT 173894 MARKET RECOVERY AWARDS 125000 DINNER TICKETS & ADVERT 95131 MEMBERSHIP AFFAIRS & EV 78939 189495 4113583 1760652 1426541 4693068 4058895 237333 0 26532 0 1379156 827561 471177 551595 12958061 12210120 67529 66679 20214352 18313830 169718 0 270157 237712 439875 237712 X 18564309 16763788 1210168 1312330 19774477 18076118 20214352 18313830 X -570623 -1036184 -91552 X X 0 1 X 1 0 1 1 0 361692 149722 211970 1017464 677839 339625 551595 CONTRACTOR DEPOSITS PAYABLE 237712 237712 X 2506776 -1036184 -1036184 3542960 0 3542960 4113583 0 4113583 0 4113583 PART X, LINE 2: THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LOCAL UNION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LOCAL UNION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2022 AND 2021. THE LOCAL FILES ITS FORM 990 IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2019, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. X 0 0 0 JOSEPH V EGAN BUSINESS MANAGER 265972 0 0 0 0 0 103189 0 47380 0 416541 0 0 0 MICHAEL G MCLAUGHLIN PRESIDENT 229890 0 0 0 0 0 86266 0 45204 0 361360 0 0 0 KEVIN P EGAN BUS. REPRESENTATIVE 222452 0 0 0 0 0 86266 0 45204 0 353922 0 0 0 ALAN BULVANOSKI BUS. REPRESENTATIVE 222452 0 0 0 0 0 86266 0 45204 0 353922 0 0 0 WAYNE MARTIAK SR BUS. REPRESENTATIVE 222452 0 0 0 0 0 86266 0 45204 0 353922 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOSEPH V. EGAN AND KEVIN P. EGAN - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 IBEW LOCAL 456 HAS 982 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS BOTH ACTIVE AND RETIRED MEMBERS WHO HAVE THE RIGHT TO VOTE AND ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS ARE SUBJECT TO THE APPROVAL OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION IS PROVIDED WITH A CLIENT COPY OF THE RETURN FOR REVIEW PURPOSES PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT -91,552. FORM 990 - PART XII, LINE 2C THE EXECUTIVE BOARD OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS. NEW BRUNSWICK ELECTRICIANS CLUB INC 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 510171128 HOLDING CORPORATION LEASES OFFICE SPACE TO THE LOCAL UNION NJ 501(C)(2) 0 IBEW LOCAL 456 JATC 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 222103358 TO PROVIDE EDUCATION BENEFITS TO THE JATC'S PARTICIPANTS. NJ 501(C)(3) 0 HEALTH & WELFARE FUND LOCAL 456 IBEW 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 222317253 TO PROVIDE HEALTH AND WELFARE BENEFITS TO THE PARTICIPANTS. NJ 501(C)(9) 0 IBEW LOCAL 456 ELECTRICIANS ANNUITY FUND 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 222180156 TO PROVIDE ANNUITY BENEFITS TO THE PARTICIPANTS. NJ 401(A) 0 IBEW LOCAL 456 PENSION FUND 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 226238995 TO PROVIDE PENSION BENEFITS TO THE PARTICIPANTS. NJ 401(A) 0 IBEW LOCAL 456 SUPPLEMENTAL WELFARE FUND 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 200500732 TO PROVIDE SUPPLEMENTAL WELFARE BENEFITS TO THE PARTICIPANTS. NJ 501(C)(9) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 NEW BRUNSWICK ELECTRICIANS CLUB INC K 207424 APPRAISAL