PSC-CUNY WELFARE FUND: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
PSC-CUNY WELFARE FUND (EIN 13-6220695)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-03-27
IRS object ID
201540869349300319
Schema version
2013v4.0
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)
Return2015-03-27T12:50:35-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN464001827PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SAXBST LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line128 WEST 44TH STREETAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10036ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136220695EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PSC - CUNY WELFARE FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlPSC-BusinessNameControlTxt
Phone2123545230PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line161 BROADWAYAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10006ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLARRY MORGANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2123545230PhoneNum
Signature2015-03-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICK C STINESPreparerPersonNm
PTINP01592735PTIN
Phone2126618640PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLARRY MORGANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line161 BROADWAYAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10006ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$52,174,801GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscSINGLE-EMPLOYER, DEFINED BENEFIT, HOtherOrganizationDsc
Formation1967FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$47,710,567PYProgramServiceRevenueAmt
CY Program Service Revenue$51,707,369CYProgramServiceRevenueAmt
PY Investment Income$44,257PYInvestmentIncomeAmt
CY Investment Income$90,727CYInvestmentIncomeAmt
PY Other Revenue$236,887PYOtherRevenueAmt
CY Other Revenue$173,592CYOtherRevenueAmt
PY Total Revenue$47,991,711PYTotalRevenueAmt
CY Total Revenue$51,971,688CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$42,576,876PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$46,409,661CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,284,704PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,300,710CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$579,403PYOtherExpensesAmt
CY Other Expenses$631,823CYOtherExpensesAmt
PY Total Expenses$44,440,983PYTotalExpensesAmt
CY Total Expenses$48,342,194CYTotalExpensesAmt
PY Revenues Less Expenses$3,550,728PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,629,494CYRevenuesLessExpensesAmt
Total Assets BOY$23,593,433TotalAssetsBOYAmt
Total Assets EOY$27,162,569TotalAssetsEOYAmt
Total Liabilities BOY$539,271TotalLiabilitiesBOYAmt
Total Liabilities EOY$425,556TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$23,054,162NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,737,013NetAssetsOrFundBalancesEOYAmt
MissionTHROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH THE CITY UNIVERSITY OF NEW YORK, THE FUND COLLECTS CONTRIBUTIONS AND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH THE CITY UNIVERSITY OF NEW YORK, THE FUND COLLECTS CONTRIBUTIONS AND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
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 RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document22IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee16EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PSC - CUNY WELFARE FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Phone2123545230PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line161 BROADWAYAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10006ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
BARBARA BOWEN
CHAIRMAN2.00Yes (X)$0$0$0
DAVID KOTELCHUCK
TRUSTEE1.00Yes (X)$0$0$0
STEVEN LONDON
EXECUTIVE OFFICER10.00Yes (X)$0$0$10,737
LESLIE WILLIAMS
TRUSTEE1.00Yes (X)$0$0$0
TERRENCE MARTELL
TRUSTEE2.00Yes (X)$0$0$0
SHERRIAN GRANT FORDHAM
TRUSTEE1.00Yes (X)$0$0$11,660
GLORIANA WATERS
TRUSTEE1.00Yes (X)$0$0$0
PAULA WHITLOCK
TRUSTEE1.00Yes (X)$0$0$0
TERRY PARKER
TRUSTEE1.00Yes (X)$0$0$0
ROBERT CERMELE
TREASURER12.00$10,737$0$0Yes (X)
DANIEL PINELLO
SECRETARY1.00$0$0$0Yes (X)
LARRY MORGAN
EXECUTIVE DIRECTOR40.00$173,021$0$59,152Yes (X)
DONNA COSTA
ASSOCIATE DIRECTOR40.00$114,374$0$49,166Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$298,132TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$130,715TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
MEDCO
100 PARSONS POND DRIVE MVL 1-3FRANKLIN LAKESNJ07417ADMINISTRATIVE FEES$849,385
GUARDIAN
3900 BURGESS PLACEBETHLEHEMPA18017SERVICE FEES$594,694
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYERS CONTRIBUTION900099$51,231,382$51,231,382
SURVIVOR CONTRIBUTION900009$323,151$323,151
COBRA REIMBURSEMENTS900099$152,836$152,836
FieldValueIRS element (for citing)
Total Program Service Revenue$51,707,369TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$99,916TotalRevenueColumnAmt
Exclusion$99,916ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$193,924SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$203,113SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$9,189SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$9,189TotalRevenueColumnAmt
Exclusion-$9,189ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INCREASE IN ACCRUED PENSION LIABI900099$97,266$97,266
REBATES900099$76,326$76,326
FieldValueIRS element (for citing)
Other Revenue Total$173,592OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,971,688TotalRevenueColumnAmt
Related Or Exempt Func Income$51,880,961RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$90,727ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$46,409,661TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$242,910TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$723,710TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$83,389TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$183,747TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$66,954TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$69,053TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$43,000TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$19,406TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$72,260TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$117,909TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$46,000TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$205,202TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$20,245TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,361TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,046TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPAYROLL PROCESSINGDesc
Total$3,341TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$48,342,194TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,018,508BOYAmt
EOY$6,113,535EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,689,154BOYAmt
EOY$239,739EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,539,874BOYAmt
EOY$563,408EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$138,570LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$97,031LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$52,098BOYAmt
EOY$41,539EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,750,802BOYAmt
EOY$11,313,236EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,542,997BOYAmt
EOY$8,891,112EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,593,433BOYAmt
EOY$27,162,569EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$221,096BOYAmt
EOY$231,388EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$318,175BOYAmt
EOY$194,168EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$539,271BOYAmt
EOY$425,556EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

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$23,054,162BOYAmt
EOY$26,737,013EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,054,162BOYAmt
EOY$26,737,013EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,593,433BOYAmt
EOY$27,162,569EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$3,629,494ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$53,352NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$5OtherChangesInNetAssetsAmt
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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,930OtherCostOrOtherBasisAmt
Depreciation$28,492DepreciationAmt
Book Value$25,438BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$84,640OtherCostOrOtherBasisAmt
Depreciation$68,539DepreciationAmt
Book Value$16,101BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$41,539TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
MEDICAL REBATES AND REFUNDS RECEIVABLE$8,579,613
ACCRUED INTEREST & DIVIDENDS$19,436
OTHER RECEIVABLES$70,314
ACCRUED PENSION OBLIGATIONS$221,749
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,891,112TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCONTRIBUTIONS RECEIVED IN ADVANCEDesc
Amt$194,168Amt
FieldValueIRS element (for citing)
Total Liability$194,168TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$51,908,368TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$53,352NetUnrealizedGainsInvstAmt
Revenue Not Reported$53,352RevenueNotReportedAmt
Revenue Subtotal$51,855,016RevenueSubtotalAmt
Investment Expenses Not Incld$19,406InvestmentExpensesNotIncldAmt
Other Revenues Not Included$97,266OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$116,672RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$51,971,688TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$48,322,788TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$48,322,788ExpensesSubtotalAmt
Investment Expenses Not Incld2$19,406InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$19,406ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$48,342,194TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE ORGANIZATION HAS BEEN CLASSIFIED AS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF JUNE 30, 2012 AND 2013. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2010, AND PRIOR.
PART XI, LINE 4B - OTHER ADJUSTMENTS:THE AMOUNT REPRESENTED ON LINE SCHEDULE D, LINE 4B REPRESENTS THE DECREASE IN ACCRUED PENSION LIABILITY

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LARRY MORGAN
EXECUTIVE DIRECTOR$173,021$0$0$0$0$0$36,705$0$22,447$0$232,173$0$0$0
DONNA COSTA
ASSOCIATE DIRECTOR$114,374$0$0$0$0$0$24,263$0$24,903$0$163,540$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE FUND HAS NO SUBCOMMITEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 11THE BOARD OF TRUSTEES REVIEWS THE 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND CAN BE EXAMINED AT THE FUND OFFICE.
FORM 990, PART XI, LINE 9:PRIOR YEAR ADJUSTMENT (FINANCIAL STATEMENT AND TAX RETURN) 5.
FORM 990, PART XII, LINE 2C:THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED.
FORM 990, PART X, LINE 33FORM 990, PART X, LINE 33: NET ASSETS PER THE AUDITED FINANCIAL STATEMENTS DO NOT INCLUDE ESTIMATED CURRENT CLAIMS OBLIGATIONS OF $3,543,737 AND ESTIMATED POST-RETIREMENT OBLIGATIONS OF $531,000,000. THEY ARE REPORTED ON A SEPARATE SCHEDULE AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PROFESSIONAL STAFF CONGRESSBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line161 BROADWAY 15TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10006ZIPCode
FieldValueIRS element (for citing)
EIN132638049EIN
Primary ActivitiesLABOR UNION OF PLAN PARTICIPANTSPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(5)ExemptCodeSectionTxt
Controlled Organization0ControlledOrganizationInd
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 OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PROFESSIONAL STAFF CONGRESS
K$205,202FAIR MARKET VALUE
PROFESSIONAL STAFF CONGRESS
O$57,038ACTUAL COST
PROFESSIONAL STAFF CONGRESS
P$227,598CASH TRANSFERRED

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