HAWAII ELECTRICIANS HEALTH & WELFARE FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
HAWAII ELECTRICIANS HEALTH & WELFARE FUND (EIN 99-0104618)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-08-08
IRS object ID
202512209349301906
Schema version
2023v6.0
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

FieldValueIRS element (for citing)
Return2025-08-08T17:00:09-05:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN952302617PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SINGERLEWAK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 ALA MOANA BLVD 2 302AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96813ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN990104618EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HAWAII ELECTRICIANS HEALTH AND WELFAREBusinessNameLine1Txt
Business Name Line2FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHAWABusinessNameControlTxt
Phone8088416169PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11935 HAU STREET SUITE 450AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96819ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTRACY HAYASHI AL ITAMOTOPersonNm
Person TitleUNION TRUSTEE/EMPLOYER TRUSTEEPersonTitleTxt
Phone8088416169PhoneNum
Signature2025-07-30SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJUDITH CHOCKPreparerPersonNm
PTINP01072809PTIN
Phone8085336254PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTRACY HAYASHI AL ITAMOTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11935 HAU STREET SUITE 450AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96819ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$122,516,340GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1962FormationYr
Legal Domicile StateHILegalDomicileStateCd
Activity Or MissionORGANIZATION IS A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ACCORDING TO PLAN RULES AND REGULATIONS.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$22,396,937PYProgramServiceRevenueAmt
CY Program Service Revenue$24,540,617CYProgramServiceRevenueAmt
PY Investment Income$2,276,437PYInvestmentIncomeAmt
CY Investment Income$4,901,311CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$24,673,374PYTotalRevenueAmt
CY Total Revenue$29,441,928CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$21,453,358PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$28,454,641CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,487,847PYOtherExpensesAmt
CY Other Expenses$2,352,494CYOtherExpensesAmt
PY Total Expenses$23,941,205PYTotalExpensesAmt
CY Total Expenses$30,807,135CYTotalExpensesAmt
PY Revenues Less Expenses$732,169PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,365,207CYRevenuesLessExpensesAmt
Total Assets BOY$92,159,114TotalAssetsBOYAmt
Total Assets EOY$100,045,464TotalAssetsEOYAmt
Total Liabilities BOY$1,039,549TotalLiabilitiesBOYAmt
Total Liabilities EOY$425,025TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$91,119,565NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$99,620,439NetAssetsOrFundBalancesEOYAmt
MissionORGANIZATION IS A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ACCORDING TO PLAN RULES AND REGULATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$26,932,397ExpenseAmt
DescTO PROVIDE SELF INSURED BENEFITS TO ELIGIBLE PARTICIPANTS. MEDICAL $20,171,647; DRUG $3,839,163; DENTAL $2,640,360; VISION $281,227.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,522,244ExpenseAmt
DescTO PROVIDE GROUP INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS BY PAYING MONTHLY INSURANCE PREMIUMS TO INSURANCE CARRIERS. HMSA / HUMANA $744,574; PACIFIC GUARDIAN LIFE (TDI) $584,601; PACIFIC GUARDIAN LIFE (LIFE) $70,613; ULLICO (STOP LOSS) $122,456.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$906,604ExpenseAmt
DescTO PAY FOR ADMINISTRATIVE FEES ASSOCIATED WITH SELF-INSURED CLAIMS PROCESSING. MEDICAL $660,195; DENTAL $170,718; DRUG $38,714; VISION $36,977.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$29,361,245TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HI ELECTRICIANS ADMINISTRATIVE OFFICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8088416169PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11935 HAU STREET SUITE 450AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96819ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAMIEN KIM
UNION TRUSTEE0.50Yes (X)$0$0$0
LEYTON TORDA
UNION TRUSTEE0.50Yes (X)$0$0$0
TRACY HAYASHI
UNION TRUSTEE0.50Yes (X)$0$0$0
ROBERT AQUINO
UNION TRUSTEE (ALT)0.50Yes (X)$0$0$0
DOUGLAS OKI
EMPLOYER TRUSTEE0.50Yes (X)$0$0$0
JODY HANAMOTO
EMPLOYER TRUSTEE0.50Yes (X)$0$0$0
DARYL SUEHIRO
EMPLOYER TRUSTEE0.50Yes (X)$0$0$0
AL ITAMOTO
EMPLOYER TRUSTEE (ALT)0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HAWAII ELECTRICIANS ADMINISTRATIVE OFFIC
1935 HAU STREET SUITE 450HONOLULUHI96819ADMINISTRATIVE OFFICE$719,160
HWMG
737 BISHOP STREET SUITE 1200HONOLULUHI96813MEDICAL CLAIMS ADMINISTRATOR$660,195
SEGAL
180 HOWARD STREET SUITE 1100SAN FRANCISCOCA94105PLAN CONSULTANT$208,460
HAWAII DENTAL SERVICE
700 BISHOP STREET SUITE 700HONOLULUHI96813DENTAL CLAIMS ADMINISTRATOR$170,718
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS900099$23,428,976$23,428,976
RETIREES CONTRIBUTIONS900099$961,436$961,436
SELF PAY CONTRIBUTIONS900099$112,839$112,839
LIQUIDATED DAMAGES900099$26,215$26,215
OTHER900099$11,151$11,151
FieldValueIRS element (for citing)
Total Program Service Revenue$24,540,617TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,025,791TotalRevenueColumnAmt
Exclusion$2,025,791ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$95,949,932SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$93,074,412SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,875,520SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,875,520TotalRevenueColumnAmt
Exclusion$2,875,520ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,441,928TotalRevenueColumnAmt
Related Or Exempt Func Income$24,540,617RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,901,311ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$28,454,641TotalAmt
Program Services$28,454,641ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$906,604TotalAmt
Program Services$906,604ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,100TotalAmt
Management And General$11,100ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$66,869TotalAmt
Management And General$66,869ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$359,726TotalAmt
Management And General$359,726ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$219,715TotalAmt
Management And General$219,715ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$27,034TotalAmt
Management And General$27,034ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,190TotalAmt
Management And General$10,190ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,887TotalAmt
Management And General$15,887ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
HI ELECTRICIANS ADMIN O$719,160$719,160
PCORI FEES$7,929$7,929
HEALTH FAIR$7,028$7,028
BANK FEES$1,252$1,252

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$30,807,135TotalAmt
Program Services$29,361,245ProgramServicesAmt
Management And General$1,445,890ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$291,462BOYAmt
EOY$329,217EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,677,063BOYAmt
EOY$5,974,555EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,376,338BOYAmt
EOY$3,492,769EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$61,574BOYAmt
EOY$7,995EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,209LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,209LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$49,384,104BOYAmt
EOY$59,901,497EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$25,561,324BOYAmt
EOY$28,844,615EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,807,249BOYAmt
EOY$1,494,816EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$92,159,114BOYAmt
EOY$100,045,464EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$295,549BOYAmt
EOY$219,571EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$744,000BOYAmt
EOY$205,454EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,039,549BOYAmt
EOY$425,025EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$91,119,565BOYAmt
EOY$99,620,439EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$91,119,565BOYAmt
EOY$99,620,439EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$92,159,114BOYAmt
EOY$100,045,464EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,365,207ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,866,081NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,209OtherCostOrOtherBasisAmt
Depreciation$2,209DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
FORT WASHINGTON HIGH YIELD INVESTORS II, LLC$2,232,961F
STRUCTURED NOTES$26,611,654F
FieldValueIRS element (for citing)
Total Book Value Securities$28,844,615TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
WAIVER OF PREMIUM RESERVE$120,000
SECURITIES PURCHASED PAYABLE$85,214
DUE TO CATV PENSION$240
FieldValueIRS element (for citing)
Total Liability$205,454TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$38,948,283TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$9,866,081NetUnrealizedGainsInvstAmt
Revenue Not Reported$9,866,081RevenueNotReportedAmt
Revenue Subtotal$29,082,202RevenueSubtotalAmt
Investment Expenses Not Incld$359,726InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$359,726RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$29,441,928TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$30,447,409TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$30,447,409ExpensesSubtotalAmt
Investment Expenses Not Incld2$359,726InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$359,726ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$30,807,135TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FINANCIAL STATEMENTS CONTAINS THE FOLLOWING DISCLOSURE PERTAINING TO FIN 48 (ASC 740): "THE TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED AUGUST 3, 1992, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME, THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2024 AND 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. U.S. GAAP REQUIRES 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 THAN LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND CONCLUDED THAT, AS OF SEPTEMBER 30, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY, ASSET, OR DISCLOSURE IN THE FINANCIAL STATEMENTS."ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BALL DOCUMENTS ARE REVIEWED BY ONE LABOR TRUSTEE AND ONE MANAGEMENT TRUSTEE PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE POLICY IS DISCUSSED WITH THE BOARD OF TRUSTEES
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION ABEING THAT THE MEMBERS OF THE BOARD OF TRUSTEES SERVE THE ORGANIZATION AS VOLUNTEERS, THE ORGANIZATION MADE A REASONABLE EFFORT TO SECURE INFORMATION ON ANY COMPENSATION PAID TO THE TRUSTEES BY RELATED ORGANIZATION(S), BUT WAS UNABLE TO OBTAIN NOR ESTIMATE SUCH INFORMATION FOR PURPOSES OF REPORTING ON PART VII.
FORM 990, PART XII, LINE 2CNO CHANGE IN THE REVIEW PROCESS FROM THE PRIOR YEAR. BOARD OF TRUSTEES SELECTS AN INDEPENDENT AUDITOR. ADMINISTRATOR AND BOARD OF TRUSTEES FORMALLY REVIEW AND APPROVE THE FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
HAWAII ELECTRICIANS ANNUITY PLAN
1935 HAU STREET STE 450HONOLULUHI96819996020486PROVIDING ANNUITY BENEFITS TO ELIGIBLE PARTICIPANTSHI401(A)N/A0
HAWAII ELECTRICIANS VACATION AND HOLIDAY PLAN
1935 HAU STREET STE 450HONOLULUHI96819996015951PROVIDING VACATION AND HOLIDAYHI501(C)(9)N/A0
HAWAII ELECTRICIANS MARKET ENHANCEMENT PROGRAM FUND
1935 HAU STREET STE 450HONOLULUHI96819990283330PROMOTING MORE COOPERATIVE RELATIONSHIP BETWEEN LABOR AND MANAGEMENTHI501(C)(5)N/A0
HAWAII ELECTRICIANS SUPPLEMENTARY UNEMPLOYEMENT BENEFITS FUND
1935 HAU STREET STE 450HONOLULUHI96819990163846PROVIDING SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTSHI501(C)(9)N/A0
HAWAII ELECTRICIANS PENSION PLAN
1935 HAU STREET STE 450HONOLULUHI96819996005391PROVIDING PENSION BENEFITS TO ELIGIBLE PARTICIPANTSHI401(A)N/A0
HAWAII ELECTRICIANS TRAINING FUND
1935 HAU STREET STE 450HONOLULUHI96819996005392LOCAL TRAINING FUNDHI501(C)(5)N/A0
SEE SCHEDULE R ATTACHMENT

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SEE SCHEDULE R ATTACHMENTBusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
HAWAII ELECTRICANS ADMINISTRATIVE OFFICE
1935 HAU STREET STE 450HONOLULUHI96819990109237TRUST FUND ADMINISTRATIONHIN/AC0
SEE SCHEDULE R ATTACHMENT
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1HAWAII ELECTRICIANS ADMINISTRATIVE OFFICEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypePTransactionTypeTxt
Involved$719,160InvolvedAmt
Method Of Amount DeterminationPERCENTAGE ALLOCATIONMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE R, PARTS II, III, IVFormAndLineReferenceDesc
ExplanationTHE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER PLAN THAT PROVIDES HEALTH & WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE W/ THE TERMS SET FORTH IN TRUST AGREEM'TS, RULES & REGS., OF THE PLAN & CBA. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS INCLUDING THE NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. HOWEVER, THE LEGAL STRUCTURE (CORPORATION, PARTNERSHIP, ETC) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE CONTRIBUTING EMPLOYERS COULD NOT BE SEPARATED BY TYPE OF ORGANIZATION. HOWEVER THEY ARE LISTED BELOW: 808 ELECTRIC & TELECOM, LLC A A ELECTRIC, LTD A-1 A-LECTRICIAN, INC A3 ELECTRIC LLC ABLE ELECTRIC, INC. ALEUT FACILITIES SUPPORT SERV AMERICAN ELECTRIC CO, LLC AMERICAN PIPING & BOILER CO APB CONSTRUCTION B BAUTISTA ELEC CONTRACTOR, L BELL ELECTRIC CORP BOWMAN CONNECTIVITY SOLUTION, BOWMAN ELECTRIC SHOP, LTD. C & C ELECTRICAL CONTRACTOR, C & N ELECTRIC, LLC CACHE VALLEY ELECTRIC CO. COMMERCIAL ELECTRIC INC COMMUNICATION CONSULT SVCS. I CONSOLIDATED ELECTRICAL DISTR CSI ELECTRIC, INC. D. SUEHIRO ELECTRIC, INC. DI ELECTRIC LLC DIAL ELECTRIC SUPPLY CO, INC. DM ELECTRIC, INC. DORVIN D LEIS CO., INC. DU-WATTS ELECTRIC, INC. DWE INC. ELECTR CONTROL INNOVATIONS, I ELECTRICAL CONTR. HAWAII, INC ELECTRICIANS, INC. ELECTRIC-O SERVICES ELECTRITECH MAUI, INC. ELITE ELECTRICAL SERVICES, LL ENDO JACK ELECTRIC INC. FAIRWAY ELECTRIC CO., LLC GRANTCO PACIFIC, INC. HAWAII ELECTRICAL SOLUTIONS L HAWAII ELECTRICIANS AD OFFICE HAWAII ELECTRICIANS TRNG FUND HAWAIIAN ISLE ELEC HAWAIYA TECHNOLOGIES INC HENKELS & MCCOY, INC HENKELS & MCCOY, INC. HH ELECTRIC, INC. HI ELEC MKT ENHANCEMENT PROGR HMS CONSTRUCTION, INC. HOT WIRE HAWAII, LLC HOWARD T HAKIKAWA ELECTRICAL INTEGRITY NETWORKS INC INTERLINK COMMUNICATIONS, LLC ISLAND INDUSTRIAL ELECTRIC, L ISLAND LIGHTING CO, INC. KAILUA ELECTRIC SERVICES KAWAKAMI ELECTRIC, INC KOKAMI ELECTRICAL SERVICE, IN KONA ELECTRIC KONTEC LLC LELEIWI ELECTRIC,INC. LIGHTNING PROTECT LITE ELECTRIC, INC. LOCAL 1049 LOCAL 1249 LOCAL 1547 LOCAL 176 LOCAL 2 LOCAL 212 LOCAL 242 LOCAL 26 LOCAL 332 LOCAL 351 LOCAL 357 LOCAL 401 LOCAL 41 LOCAL 43 LOCAL 456 LOCAL 46 LOCAL 474 LOCAL 48 LOCAL 520 LOCAL 6 LOCAL 640 LOCAL 86 LOCAL UNION 1186 IBEW LOCAL UNION 1186 IBEW FCU M WATANABE ELECTR. CONTRACTOR M. SAKUMA ELECTRIC, INC MASS ELECTRIC CONSTRUCITON CO MK ELECTRIC, LLC MVC ELECTRICAL, LLC NAKATA ELECTRICAL INC. NIRO ELECTRIC, LLC. NORTHERN POWERLINE OSMOSE UTIL SVCS INC, DBA IKA PG ELECTRICAL SERVICE, LLC PAC ELECTRIC CO., INC PACH SECURE TECHNOLOGY LLC PACIFIC CONNECTIONS PACIFIC POWER ELECT. CONTR., PAGODA ELECTRIC & CONSTRUCTIO PAUL'S ELECTRICAL CONTRG., LL PC ENTERPRISES INC. PIONEER ELECTRIC INC. PLS POWER LLC POTELCO INC POWER WISE ELECTRICAL SVCS, L POWERNET INC. PREFERRED ELECTRICIANS PROGRESSIVE ELECTRIC CO., INC R DACUYCUY LLC RAMBAUD ELECTRIC, LLC RAMIA ELECTRIC, LLC RMH ELECTRIC CO., INC RON D ELECTRICAL LLC RON'S ELECTRIC INC. ROSENDIN ELECTRIC, INC. S & S TAYLAN ELECTRIC, INC. SANSEI ELECTRIC, LLC SCOPE ELECTRIC, INC. SEC CORPORATION SHIMMICK/TRAYLOR/GRANITE JV STOCKMAN'S ENERGY SUPERIOR ELEC, MECH & PLUMBIN TEAM PROJECTS, INC. TED'S WIRING SERVICE, LTD TRI-POLY ELECTRIC, LLC TYPHOON ELECTRIC & TELECOM LL VERIZON FEDERAL, INC. WALKER TELECOM WASA ELECTRICAL SERVICES, INCExplanationTxt

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