IBEW LOCAL 90 BENEFIT FUND: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
IBEW LOCAL 90 BENEFIT FUND (EIN 06-0712954)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-10-10
IRS object ID
201222849349300532
Schema version
2011v1.2
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)
Timestamp2012-10-10T16:23:12-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN060971924EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BEERS HAMERMAN & CO PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1234 CHURCH STREETAddressLine1
CityNEW HAVENCity
StateCTState
ZIP Code06510ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN060712954EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1IBEW LOCAL UNION 90 BENEFIT FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlIBEWNameControl
Phone2032697741Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 TECHNOLOGY DRIVE PO BOX 5817AddressLine1
CityWALLINGFORDCity
StateCTState
ZIP Code06492ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameFRANK J HALLORAN JRName
TitleTRUSTEETitle
Phone8004468646Phone
Date Signed2012-10-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePETER GRAEBName
PTINP00013424PTIN
Phone2037876527Phone
Date Prepared2012-10-10DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonFRANK J HALLORAN JRNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line110 TECHNOLOGY DRIVE PO BOX 5817AddressLine1
CityWALLINGFORDCity
StateCTState
ZIP Code06492ZIPCode
FieldValueIRS element (for citing)
Gross Receipts6497694GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization OtherXTypeOfOrganizationOther
Type Of Org Other DescriptionEMPLOYEE BENEFIT PLANTypeOfOrgOtherDescription
Year Formation1952YearFormation
State Legal DomicileCTStateLegalDomicile
Activity Or Mission DescriptionPROVIDES MEDICAL, DENTAL, DRUG, AND DISABILITY BENEFITS FOR MEMBERS.ActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members6NbrIndependentVotingMembers
Total Nbr Employees16TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year6865945ProgramServiceRevenuePriorYear
Program Service Revenue CY6349812ProgramServiceRevenueCY
Investment Income Prior Year152828InvestmentIncomePriorYear
Investment Income Current Year147882InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year7018773TotalRevenuePriorYear
Total Revenue Current Year6497694TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year6880876BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY6724323BenefitsPaidToMembersCY
Salaries Etc Prior Year349729SalariesEtcPriorYear
Salaries Etc Current Year292629SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year457164OtherExpensePriorYear
Other Expenses Current Year481625OtherExpensesCurrentYear
Total Expenses Prior Year7687769TotalExpensesPriorYear
Total Expenses Current Year7498577TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-668996RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-1000883RevenuesLessExpensesCY
Total Assets BOY6436179TotalAssetsBOY
Total Assets EOY5284958TotalAssetsEOY
Total Liabilities BOY762590TotalLiabilitiesBOY
Total Liabilities EOY704209TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY5673589NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY4580749NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionEMPLOYERS CONTRIBUTE TO THE IBEW LOCAL UNION 90 BENEFIT FUND SO THAT THE FUND CAN PROVIDE FOR HOSPITALIZATION, LIFE INSURANCE, DISABILITY INSURANCE, SURGERY, DENTAL AND OTHER MEDICAL EXPENSES FOR THE EMPLOYEES OF THE CONTRIBUTING EMPLOYERS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense5124702Expense
Revenue6349812Revenue
DescriptionMEDICAL, DENTAL AND DISABILITY MEDICAL CLAIMSDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense2038923Expense
DescriptionMEDICAL PRESCRIPTIONSDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense77596Expense
DescriptionDISABILITY BENEFITSDescription

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense257356Expense
DescriptionOTHER MEDICAL RELATED EXPENSES AND ADMINISTRATION EXPENSESDescription
FieldValueIRS element (for citing)
Total Of Other Program Service Exp257356TotalOfOtherProgramServiceExp
Total Program Service Expense7498577TotalProgramServiceExpense
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096423NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees16NumberOfEmployees
Employment Tax Returns Filed0EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed0Form8899Filed
Form1098 C Filed0Form1098CFiled
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members6NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1INSURANCE PROGRAMMERS INCBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number8004468646TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line110 TECHNOLOGY DRIVE PO BOX 5817AddressLine1
CityWALLINGFORDCity
StateCTState
ZIP Code06492ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
JACK FIORA
TRUSTEE2.00X000
JAMES MALONE
TRUSTEE5.00X000
WILLIAM MACKEY
TRUSTEE2.00X000
THOMAS GRENNAN
TRUSTEE2.00X000
FRANK J HALLORAN JR
TRUSTEE2.00X000
SEAN DALY
TRUSTEE2.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1INSURANCE PROGRAMMERS INCBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line110 TECHNOLOGY DRIVE PO BOX 5817AddressLine1
CityWALLINGFORDCity
StateCTState
ZIP Code06492ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesMEDICAL CLAIMS PROCESSING FEESDescriptionOfServices
Compensation262911Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionMEMBERSHIP CONTRIBUTIODescription
Business Code525100BusinessCode
Total Revenue Column6349812TotalRevenueColumn
Related Or Exempt Function Income6349812RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue6349812TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column147882TotalRevenueColumn
Exclusion$147,882ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column6497694TotalRevenueColumn
Related Or Exempt Function Income6349812RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$147,882ExclusionAmount

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total6724323Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total292629Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total41699Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total19240Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotal
CLAIMS PROCESSING181740
ADMINISTRATION FEE81171
ACTUARIAL & CONSULTING65322
OFFICE,PRINTING, & OTHE37461

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total54992Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total7498577Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
EOY28074EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY391721BOY
EOY305736EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY533603BOY
EOY661692EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY36289BOY
EOY29776EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY5191536BOY
EOY4146656EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY283030BOY
EOY113024EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6436179BOY
EOY5284958EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY762590BOY
EOY704209EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY762590BOY
EOY704209EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY5673589BOY
EOY4580749EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5673589BOY
EOY4580749EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6436179BOY
EOY5284958EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-1000883ReconcilationRevenueExpenses
Reconcilation Other Changes-91957ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings
Total Revenue6497694TotalRevenue
Total Expenses7498577TotalExpenses
Excess Or Deficit For Year-1000883ExcessOrDeficitForYear
Other-$91,957OtherAmount
Total Adjustments-91957TotalAdjustments
Excess Or Deficit Per FS-1092840ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt6497694TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal6497694RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9906497694TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt7498577TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal7498577ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9907498577TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierPART XI, LINE 8 - OTHER ADJUSTMENTS:Identifier
ExplanationUNREALIZED DEPRECIATION OF INVESTMENTS -91,957.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 6ACTIVE MEMBERS OF THE I.B.E.W. LOCAL 90 WHO PARTICIPATE IN THE HEALTH FUND.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS CAN VOTE ON TRUSTEES AT REGULARLY SCHEDULED ELECTIONS.
FORM 990, PART VI, SECTION B, LINE 11FORM 990 IS PRESENTED TO THE GOVERNING BODY AT A BOARD MEETING BEFORE IT IS FILED.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 5:UNREALIZED DEPRECIATION OF INVESTMENTS -91,957. TOTAL TO FORM 990, PART XI, LINE 5: -91,957.CHANGES IN NET ASSETS OR FUND BALANCES:
THE BOARD OF TRUSTEES REVIEWS THE FINANCIAL STATEMENTS PREPARED BY THE AUDITORS ANNUALLY. THERE HAS NOT BEEN ANY CHANGES IN THIS POLICY OR PROCEDURE.COMMITTEE OVERSIGHT OF AUDITORS

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