2021-05-13T11:44:33-05:00 2020-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2020-01-01 221010215 IBEW LOCAL UNION #456 INTE 7322462122 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 MICHAEL G MCLAUGHLIN PRESIDENT 7322462122 2021-05-13 1 MICHAEL MCLAUGHLIN 999009999 PATRICK M TROMBETTA P00450410 9082727000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL G MCLAUGHLIN 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 7034270 0 X N/A X UNION 1915 NJ CONDUCTING OF COLLECTIVE BARGAINING ACTIVITIES ON BEHALF OF MEMBERS. 16 0 19 0 0 0 0 0 4158446 4532554 479997 470618 152683 106551 4791126 5109723 0 0 0 0 2466134 2452905 0 0 0 2197240 2011802 4663374 4464707 127752 645016 18292946 19308996 237640 391784 18055306 18917212 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 19 1 0 0 0 0 0 0 0 0 0 0 X 16 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 251472 0 148458 FRANCIS T LEAKE ASST BUS MGR 40.00 X 213357 0 132738 MICHAEL G MCLAUGHLIN PRESIDENT 40.00 X 213355 0 127911 KEVIN P EGAN BUS. REPRESENTATIVE 40.00 X 205732 0 127911 ALAN BULVANOSKI BUS. REPRESENTATIVE 40.00 X 205732 0 127952 WAYNE MARTIAK SR BUS. REPRESENTATIVE 40.00 X 205732 0 127915 EDWARD SOFIELD EXEC BOARD 3.00 X 2637 0 0 DENNIS F CRONIN EXEC BOARD 3.00 X 2637 0 0 JOSEPH SHERRY EXEC BOARD 3.00 X 2637 0 0 ANDREW BRYS VICE PRESIDENT 3.00 X 1758 0 0 CATHERINE GALLAGHER EXEC BOARD 5.00 X 2637 0 0 MICHAEL BLACK RECORDING SEC'Y 4.00 X 3516 0 0 RICHARD SHINE JR EXEC BOARD 3.00 X 2637 0 0 RICKY CARR EXEC BOARD 3.00 X 2637 0 0 TIMOTHY MCMAHON EXEC BOARD 3.00 X 4395 0 0 WARREN SMITH TREASURER 6.00 X 5275 0 0 1326146 0 792885 6 0 1 0 NEW BRUNSWICK ELECTRICIANS CLUB INC 1295 LIVINGSTON AVENUE NORTH BRUNSWICK NJ 08902 RENT 203057 UBS FINANCIAL SERVICES INC 500 CAMPUS DRIVE FLORHAM PARK NJ 07932 INVESTMENT FEES 109324 2 ASSESSMENTS 900099 4498636 4498636 DUES - LOCAL UNION SHARE 900099 33918 33918 4532554 312175 312175 2082990 1924547 158443 158443 158443 OTHER INCOME 900099 63477 63477 INSURANCE REFUND 900099 43074 43074 106551 5109723 4797548 0 312175 1326146 122648 516688 404906 82517 1098 39000 137773 6801 47967 16416 203057 42913 7247 168900 50881 MARKET RECOVERY AWARDS 817000 MEMBERSHIP DEVELOPMENT 145118 DONATIONS AND GIFTS 129351 DINNER TICKETS AND ADVE 52354 145926 4464707 1812096 1542872 3991503 4971046 456033 343090 31730 39468 1328152 753365 692562 574787 11241493 11770204 67529 67529 18292946 19308996 27626 161072 210014 230712 237640 391784 X 16753452 17949996 1301854 967216 18055306 18917212 18292946 19308996 645016 216890 0 X X 0 1 X 1 0 1 1 0 4532554 361691 132244 229447 966461 621121 345340 574787 CONTRACTOR DEPOSITS PAYABLE 223108 CREDIT CARD PAYABLE 7604 230712 X 5297036 216890 -29577 187313 5109723 0 5109723 4435130 0 4435130 29577 29577 4464707 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, 2020 AND 2019. THE LOCAL FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2017, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS X 0 0 0 JOSEPH V EGAN BUSINESS MANAGER 251472 0 0 0 0 0 100589 0 47869 0 399930 0 0 0 FRANCIS T LEAKE ASST BUS MGR 213357 0 0 0 0 0 86775 0 45963 0 346095 0 0 0 MICHAEL G MCLAUGHLIN PRESIDENT 213355 0 0 0 0 0 82329 0 45582 0 341266 0 0 0 ALAN BULVANOSKI BUS. REPRESENTATIVE 205732 0 0 0 0 0 82333 0 45619 0 333684 0 0 0 WAYNE MARTIAK SR BUS. REPRESENTATIVE 205732 0 0 0 0 0 82333 0 45582 0 333647 0 0 0 KEVIN P EGAN BUS. REPRESENTATIVE 205732 0 0 0 0 0 82329 0 45582 0 333643 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 939 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 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 203057 APPRAISAL