IBEW LOCAL 102 WELFARE FUND: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: IBEW LOCAL 102 WELFARE FUND (EIN 22-6487222)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-10-28
IRS object ID: 202023029349300617
Schema version: 2019v5.1
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
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-10-28T07:42:37-07:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SHAUGHNESSY GIELLA CPA PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	23 KULICK ROAD	AddressLine1Txt
City	FAIRFIELD	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07004	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	226487222	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	IBEW LOCAL 102 WELFARE FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IBEW	BusinessNameControlTxt
Phone	9738871718	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	50 PARSIPPANY ROAD	AddressLine1Txt
City	PARSIPPANY	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07054	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BERNARD CORRIGAN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	9738871718	PhoneNum
Signature	2020-10-28	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL GIELLA	PreparerPersonNm
PTIN	P01399319	PTIN
Phone	9738820228	PhoneNum
Preparation	2020-10-28	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	69.204.130.199	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-10-28	IPDt
IP Tm	07:42:24	IPTm
IP Timezone	PD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	24473E137B69A5BD35ECFFE26AE177937AB1F347	AtSubmissionCreationDeviceId
At Submission Filing Device Id	24473E137B69A5BD35ECFFE26AE177937AB1F347	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BERNARD CORRIGAN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	50 PARSIPPANY ROAD	AddressLine1Txt
City	PARSIPPANY	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07054	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$99,005,436	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Trust	Yes (X)	TypeOfOrganizationTrustInd
Formation	1991	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	WELFARE FUND - HEALTH/MEDICAL BENEFITS	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$48,026,767	PYProgramServiceRevenueAmt
CY Program Service Revenue	$52,633,892	CYProgramServiceRevenueAmt
PY Investment Income	$3,937,805	PYInvestmentIncomeAmt
CY Investment Income	$4,129,723	CYInvestmentIncomeAmt
PY Other Revenue	-$3,814,940	PYOtherRevenueAmt
CY Other Revenue	$7,390,121	CYOtherRevenueAmt
PY Total Revenue	$48,149,632	PYTotalRevenueAmt
CY Total Revenue	$64,153,736	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$51,559,729	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$54,163,684	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,345,437	PYOtherExpensesAmt
CY Other Expenses	$3,366,359	CYOtherExpensesAmt
PY Total Expenses	$54,905,166	PYTotalExpensesAmt
CY Total Expenses	$57,530,043	CYTotalExpensesAmt
PY Revenues Less Expenses	-$6,755,534	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,623,693	CYRevenuesLessExpensesAmt
Total Assets BOY	$120,812,569	TotalAssetsBOYAmt
Total Assets EOY	$125,557,670	TotalAssetsEOYAmt
Total Liabilities BOY	$7,982,514	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$6,103,922	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$112,830,055	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$119,453,748	NetAssetsOrFundBalancesEOYAmt
Mission	WELFARE FUND - HEALTH/MEDICAL BENEFITS	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	PROVIDING HEALTH & MEDICAL BENEFITS TO THE PARTICIPANTS	Desc
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	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	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	false	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	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	41	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
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
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (true)	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	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	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	IE SHAFFER PLAN ADMINISTRATORS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6098836688	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	830 BEAR TAVERN ROAD	AddressLine1Txt
City	WEST TRENTON	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08628	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JAMES ESTABROOK
TRUSTEE	1.00	Yes (X)	$0	$0	$0
BERNIE CORRIGAN
TRUSTEE	1.00	Yes (X)	$0	$0	$0
DAVID FIORE
TRUSTEE	1.00	Yes (X)	$0	$0	$0
LOUIS VITO
TRUSTEE	1.00	Yes (X)	$0	$0	$0
ROBERT WILLIAMSON III
TRUSTEE	1.00	Yes (X)	$0	$0	$0
MARK ROCHE
TRUSTEE	1.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	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
HORIZON BC BS
3 PENN PLAZA EAST	NEWARK	NJ	07105	CONTRACT ADMINISTRATOR	$1,011,926
GLOBAL PHARMACEUTICAL BENEFITS LLC
222 LAFAYETTE STREET	NEWARK	NJ	07105	CONTRACT ADMINISTRATOR	$486,100
FABIAN & BYRN LLC
204 EAGLE ROCK AVE	ROSELAND	NJ	07068	CLAIMS PROCESSING	$542,396
IE SHAFFER CO
830 BEAR TAVERN ROAD	WEST TRENTON	NJ	08628	THIRD PARTY ADMINISTRATOR	$431,150
ZELIS HEALTHCAREINC
2 CROSSROADS DRIVE	BEDMINSTER	NJ	07921	CLAIMS REVIEW	$410,185

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	EMPLOYER & PARTICIPANT CONTRIBUTIONS	Desc
Business	525100	BusinessCd
Total Revenue Column	$52,633,892	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$52,633,892	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,147,695	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$3,147,695	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$35,833,728	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$34,851,700	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$982,028	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$982,028	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$982,028	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	UNREALIZED DEPRECIATION OF INVESTMENTS	Desc
Business	525100	BusinessCd
Total Revenue Column	$7,390,121	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$7,390,121	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$7,390,121	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$64,153,736	TotalRevenueColumnAmt
Related Or Exempt Func Income	$52,633,892	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$11,519,844	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$54,163,684	TotalAmt
Program Services	$0	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$30,723	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$28,350	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$267,141	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,106	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$7,692	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
ACTUARY	$4,000	$0	$0	$0
OFFICE, PRINTING & POSTAGE	$29,522	$0	$0	$0
CONTRACT ADMINISTRATOR FEES	$2,881,757	$0	$0	$0
BANK CHARGES	$16,851	$0	$0	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$99,217	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$57,530,043	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$6,980,405	BOYAmt
EOY	$9,564,176	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,722,501	BOYAmt
EOY	$6,292,608	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$107,156,823	BOYAmt
EOY	$108,572,045	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$952,840	BOYAmt
EOY	$1,128,841	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$120,812,569	BOYAmt
EOY	$125,557,670	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,982,514	BOYAmt
EOY	$6,103,922	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,982,514	BOYAmt
EOY	$6,103,922	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$112,830,055	BOYAmt
EOY	$119,453,748	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$112,830,055	BOYAmt
EOY	$119,453,748	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$120,812,569	BOYAmt
EOY	$125,557,670	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$6,623,693	ReconcilationRevenueExpnssAmt
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
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Rev Etc Audited Fincl Stmt	$63,886,595	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$63,886,595	RevenueSubtotalAmt
Investment Expenses Not Incld	$267,141	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$267,141	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$64,153,736	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$59,131,116	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$7,216,163	OtherExpensesIncludedAmt
Expenses Not Reported	$7,216,163	ExpensesNotReportedAmt
Expenses Subtotal	$51,914,953	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$267,141	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$5,347,949	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$5,615,090	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$57,530,043	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt XII, Line 2d	ACCRUED HEALTH CLAIMS 12/31/18 INCLUDED IN BENEFIT OBLIGATIONS STATEMENT.
Pt XII, Line 4b	ACCRUED HEALTH CLAIMS 12/31/19 INCLUDED IN BENEFIT OBLIGATIONS STATEMENT

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 3	THE ORGANIZATION UTILIZES THE SERVICES OF I.E. SHAFFER, A THIRD PARTY ADMINISTRATOR, AND FABIAN & BYRN, LLC A CLAIMS ADMINISTRATOR.
Pt VI, Line 11b	A COPY OF THE FORM 990 IS PROVIDED TO EACH TRUSTEE AT A
Pt VI, Line 11b	MEETING PRIOR TO THE FILING DATE, WHERE QUESTIONS THAT A
Pt VI, Line 11b	TRUSTEE MAY HAVE ARE ADDRESSED.
Pt VI, Line 12c	THE ORGANIZATION HAS A REGULARLY SCHEDULED QUARTERLY
Pt VI, Line 12c	MEETING WHERE IT MONITORS COMPLIANCE WITH THE POLICY.
Pt VI, Line 15a	NO COMPENSATION - EMPLOYEE BENEFIT PLAN.
Pt VI, Line 19	THE DOCUMENTS ARE AVAILABLE TO PARTICIPANTS AND THE PUBLIC
Pt VI, Line 19	UPON REQUEST.

IBEW LOCAL 102 WELFARE FUND: Form 990, tax year 2019

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Form 990 IRS990

US Address USAddress

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

US Address USAddress

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

Contractor Compensation ContractorCompensationGrp (5 entries)

Program Service Revenue ProgramServiceRevenueGrp

Investment Income InvestmentIncomeGrp

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Gain Or Loss GainOrLossGrp

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Other Revenue Misc OtherRevenueMiscGrp

Total Revenue TotalRevenueGrp

Benefits To Members BenefitsToMembersGrp

Fees For Services Legal FeesForServicesLegalGrp

Fees For Services Accounting FeesForServicesAccountingGrp

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Conferences Meetings ConferencesMeetingsGrp

Insurance InsuranceGrp

Other Expenses OtherExpensesGrp (4 entries)

All Other Expenses AllOtherExpensesGrp

Total Functional Expenses TotalFunctionalExpensesGrp

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Accounts Receivable AccountsReceivableGrp

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Other Assets Total OtherAssetsTotalGrp

Total Assets TotalAssetsGrp

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Total Liabilities TotalLiabilitiesGrp

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FS Audited Basis FSAuditedBasisGrp

Schedule D IRS990ScheduleD

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Comments