IBEW-654 HEALTH AND WELFARE FUND: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: IBEW-654 HEALTH AND WELFARE FUND (EIN 23-1613860)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-10-13
IRS object ID: 201542869349300204
Schema version: 2014v5.0
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
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-10-13T07:49:57-05:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	611436956	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	NOVAK FRANCELLA LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	ONE PRESIDENTIAL BLVD SUITE 330	AddressLine1Txt
City	BALA CYNWYD	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19004	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	231613860	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	IBEW #654 H & W FUND TRUSTEES	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IBEW	BusinessNameControlTxt
Phone	8567730868	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27 ROLAND AVENUE NO 200	AddressLine1Txt
City	MOUNT LAUREL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	080541038	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WILLIAM ADAMS	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	6104942820	PhoneNum
Signature	2015-10-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LOUIS VERZELLA CPA	PreparerPersonNm
PTIN	P00360279	PTIN
Phone	6106689400	PhoneNum
Preparation	2015-10-06	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	WILLIAM ADAMS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3729 CHICHESTER AVENUE	AddressLine1Txt
City	BOOTHWYN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	190613135	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$20,740,517	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Trust	Yes (X)	TypeOfOrganizationTrustInd
Formation	1961	FormationYr
Legal Domicile State	PA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT HOSPITALIZATION, MEDICAL-SURGICAL, MAJOR MEDICAL BENEFITS AND DENTAL BENEFITS TO MEMEBERS.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	6	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$6,144,616	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,400,541	CYProgramServiceRevenueAmt
PY Investment Income	$161,108	PYInvestmentIncomeAmt
CY Investment Income	$279,434	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$6,305,724	PYTotalRevenueAmt
CY Total Revenue	$7,679,975	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$6,010,987	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$6,341,977	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$293,234	PYOtherExpensesAmt
CY Other Expenses	$304,882	CYOtherExpensesAmt
PY Total Expenses	$6,304,221	PYTotalExpensesAmt
CY Total Expenses	$6,646,859	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,503	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,033,116	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,249,976	TotalAssetsBOYAmt
Total Assets EOY	$8,349,475	TotalAssetsEOYAmt
Total Liabilities BOY	$38,922	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$43,979	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,211,054	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,305,496	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT HOSPITALIZATION, MEDICAL-SURGICAL, MAJOR MEDICAL BENEFITS AND DENTAL BENEFITS TO MEMEBERS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	TO PROVIDE LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT HOSPITALIZATION, MEDICAL-SURGICAL, MAJOR MEDICAL BENEFITS AND DENTAL BENEFITS TO MEMEBERS.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	6	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FRANK M VACCARO & ASSOCIATES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8567730868	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27 ROLAND AVENUE	AddressLine1Txt
City	MOUNT LAUREL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	080541038	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
WILLIAM ADAMS
UNION TRUSTEE	1.00	40.00	Yes (X)	$0	$107,112	$36,796
JOHN BONDROWSKI
UNION TRUSTEE	1.00	40.00	Yes (X)	$0	$107,112	$36,796
JEFFREY SCARPELLO ESQ
MANAGEMENT TRUSTEE	1.00	40.00	Yes (X)	$0	$408,592	$76,956
PAUL MULLEN
UNION TRUSTEE	1.00	40.00	Yes (X)	$0	$121,084	$36,796
ANTHONY ENNIS
MANAGEMENT TRUSTEE	1.00		Yes (X)	$0	$0	$0
ROBERT HOBBS
MANAGEMENT TRUSTEE	1.00		Yes (X)	$0	$0	$0
KEVIN MCDEVITT
UNION TRUSTEE	1.00		Yes (X)	$0	$0	$0
CHARLES MACDONALD
MANAGEMENT TRUSTEE	1.00		Yes (X)	$0	$0	$0
JAMES COYLE
MANAGEMENT TRUSTEE	1.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$743,900	TotReportableCompRltdOrgAmt
Total Other Compensation	$187,344	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FRANK M VACCARRO & ASSOCIATES	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27 ROLAND AVENUE SUITE 200	AddressLine1Txt
City	MOUNT LAUREL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08054	ZIPCd

Field	Value	IRS element (for citing)
Services	ADMINISTRATOR	ServicesDesc
Compensation	$215,925	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS	525100	$7,231,396	$7,231,396
COBRA & DIRECT PAY CONTRIBUTIONS	525100	$169,145	$169,145

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,400,541	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$142,172	TotalRevenueColumnAmt
Exclusion	$142,172	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$13,197,804	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$13,060,542	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$137,262	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$137,262	TotalRevenueColumnAmt
Related Or Exempt Func Income	$137,262	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,679,975	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,537,803	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$142,172	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$6,341,977	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$24,820	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$13,563	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$20,163	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$230,105	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,526	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$4,692	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,043	TotalAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	REGULATORY FEES AND TAX	Desc
Total	$1,970	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,646,859	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$81,030	BOYAmt
EOY	$167,428	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$832,593	BOYAmt
EOY	$1,012,353	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$661,359	BOYAmt
EOY	$659,059	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$8,904	BOYAmt
EOY	$10,166	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$5,617,561	BOYAmt
EOY	$6,443,601	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$48,529	BOYAmt
EOY	$56,868	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,249,976	BOYAmt
EOY	$8,349,475	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$10,954	BOYAmt
EOY	$7,439	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$6,684	BOYAmt
EOY	$1,569	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$21,284	BOYAmt
EOY	$34,971	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$38,922	BOYAmt
EOY	$43,979	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$7,211,054	BOYAmt
EOY	$8,305,496	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,211,054	BOYAmt
EOY	$8,305,496	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,249,976	BOYAmt
EOY	$8,349,475	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,033,116	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$61,326	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	RECIPROCAL PAYABLE	Desc
Amt	$34,971	Amt

Field	Value	IRS element (for citing)
Total Liability	$34,971	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$7,721,138	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$61,326	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$61,326	RevenueNotReportedAmt
Revenue Subtotal	$7,659,812	RevenueSubtotalAmt
Investment Expenses Not Incld	$20,163	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$20,163	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$7,679,975	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$6,626,696	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$6,626,696	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$20,163	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$20,163	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$6,646,859	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, PLAN TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE PLAN.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEFFREY SCARPELLO ESQ
MANAGEMENT TRUSTEE	$0	$350,000	$0	$55,000	$0	$3,592	$0	$38,250	$0	$38,706	$0	$485,548	$0	$0
PAUL MULLEN
UNION TRUSTEE	$0	$121,084	$0	$0	$0	$0	$0	$14,706	$0	$22,090	$0	$157,880	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS PROVIDED TO THE ORGANIZATION BY THE FORM'S PREPARER, AND INDEPENDENT PUBLIC ACCOUNTANT, AT ONE OF THE TRUSTEE MEETINGS WHERE ITS IS REVIEWED AND SIGNED.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VII	WILLIAM ADAMS - 3729 CHICHESTER AVENUE, BOOTHWYN, PA 19061-3135. JOHN BONDROWSKI - 104 DOUGHERTY LANE, ASTON, PA 19014. JEFFREY SCARPELLO, ESQ. - 2003 RENAISSANCE BLVD., KING OF PRUSSIA, PA 19406. PAUL MULLEN - 3729 CHICHESTER AVENUE, BOOTHWYN, PA 19061-3135. ANTHONY ENNIS - 333 WINTHROP STREET, SOUTH WILLIAMSPORT, PA 17702. KEVIN MCDEVITT - 812 MONTBARD DRIVE, WEST CHESTER, PA 19382. CHARLES MACDONALD - 994 OLD EAGLE SCHOOL RD, WAYNE, PA 19087.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION'S BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT WHO PERFROMS THE AUDIT.
FORM 990, PART V, LINE 2A:	IBEW #654 H&W FUND HAS NO EMPLOYEES BUT IT PROVIDES DISABILITY BENEFITS TO PARTICIPANTS. THE FUND FILES FORMS W-2 WITH THE IRS FOR THOSE PARTICIPANTS THAT RECEIVE DISABILITY BENEFITS. 6 FORMS W-2 WERE FILE FOR THE 2014 TAX PERIOD.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Controlled OrganizationControlledOrganizationInd
IBEW LOCAL UNION # 654 - DEFINED BENEFIT PENSION PLAN
27 ROLAND AVE C/O FRANK M VACCARO A	MOUNT LAUREL	NJ	080541038	236538183	PENSION FUND	PA	401 (A)/ 501 (A)	0
IBEW LOCAL UNION # 654 DEFINED CONTRIBUTION PLAN
27 ROLAND AVE C/O FRANK M VACCARO A	MOUNT LAUREL	NJ	080541038	236538183	PENSION FUND	PA	401 (A)/ 501 (A)	0
IBEW LOCAL 654
3729 CHICHESTER AVENUE	BOOTHWYN	PA	19061	236293543	LABOR UNION	PA	501(C)(5)	0
PENN DEL JERSEY CHPATER NECA
2003 RENAISSANCE BLVD	KING OF PRUSSIA	PA	19406	231279973	BUSINESS LEAGEUE	PA	501(C)(6)	0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (60 entries)

Legal Domicile StateLegalDomicileStateCd
ACE ELECTRIC CONTRACTING
PA
AJM ELECTRIC INC
PA
AMBER ELECTRIC CONSTRUCTION
PA
ARRELL & SNOW ELECTRICAL
PA
ATLAS SECURITY
NY
B LAWRENCE ELECTRIC INC
PA
BELLES ELECTRICT CONTRACTORS LLC
PA
BILLITIER ELECTRIC INC
PA
BUILDING CONTROL SYSTEMS
PA
CAD ELECTRIC INC
PA
CAHILL CONTROLS INC
PA
CARR & DUFF INC
PA
CHARLES H MACDONALD ELEC
PA
COBRA ELECTRIC
PA
DAY & ZIMMERMANN NPS INC
PA
DEVON ELECTRIC INC
PA
DONALD A PUSEY INC
PA
EVETS ELECTRIC INC
PA
FORD BROTHERS ELECTRICAL
PA
GENERAL CONTROLS INC
PA
GOLDHORN ELEC CONST
PA
GOLDSMITH ASSOCIATES INC
PA
HB FRAZER CO
PA
HARRISON ELECTRIC LLC
PA
HATZEL & BUEHLER INC
PA
HOBBS AND COMPANY INC
PA
J R METZGER INC
PA
JJ WHITE INC
PA
JW CARRIGAN INC
PA
JOSEPH MADDEN ELEC CON
PA
K & A ELECTRIC INC
PA
LINCOLN WAY ELECTRIC INC
PA
LMI ELECTRIC INC
PA
MATRIX SERVICES
PA
MBR CONSTRUCTION
PA
MCGOLDRICK ELECTRIC INC
PA
MIRARCHI BROTHERS INC
PA
NOOTER CONSTRUCTION
PA
OMNI ELECTRICAL SYSTEMS
PA
ORLANDO DIEFENDERFER ELEC
PA
PAGODA ELEC & MECH INC
PA
PECA ELECTRIC CORP
PA
PETER D FURNESS ELECTRIC
DE
PINNACLE CONTROL SYSTEMS LLC
NJ
PRINGLE ELECTRIC INC
PA
R & A ELECTRIC INC
PA
RAFF ELECTRIC INC
PA
RAY ANGELINI INC
PA
RIGGS DISTLER & CO INC
PA
SCHAUER ELECTRIC INC
PA
SHELLY ELECTRIC CO INC
PA
SMITH & SON ELECTRIC LLC
PA
SMITH CONTROLS INSTALLATION LLC
PA
STRADDICK ELECTRIC
PA
SUPERIOR ELECTRIC SERVICE
PA
THE WILLIAMS GROUP ELECTCONT
PA
UNION ELEC CONTR CO
PA
VASOLI ELEC CO INC
PA
WADE CONSULTING INC
PA
WILLIAM H CLINGER CORP
PA

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

IBEW-654 HEALTH AND WELFARE FUND: Form 990, tax year 2014

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

Form 990 IRS990

US Address USAddress

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

US Address USAddress

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Contractor Address ContractorAddress

US Address USAddress

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

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

Total Revenue TotalRevenueGrp

Benefits To Members BenefitsToMembersGrp

Fees For Services Legal FeesForServicesLegalGrp

Fees For Services Accounting FeesForServicesAccountingGrp

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Fees For Services Other FeesForServicesOtherGrp

Office Expenses OfficeExpensesGrp

Conferences Meetings ConferencesMeetingsGrp

Insurance InsuranceGrp

Other Expenses OtherExpensesGrp

Total Functional Expenses TotalFunctionalExpensesGrp

Cash Non Interest Bearing CashNonInterestBearingGrp

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Accounts Receivable AccountsReceivableGrp

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Other Assets Total OtherAssetsTotalGrp

Total Assets TotalAssetsGrp

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Deferred Revenue DeferredRevenueGrp

Other Liabilities OtherLiabilitiesGrp

Total Liabilities TotalLiabilitiesGrp

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FS Audited Basis FSAuditedBasisGrp

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

Supplemental Information Detail SupplementalInformationDetail

Schedule J IRS990ScheduleJ

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (60 entries)

Comments