CHICAGO & VICINITY LABORERS DISTRICT COUNCIL HEALTH & WELFARE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO & VICINITY LABORERS DISTRICT COUNCIL HEALTH & WELFARE (EIN 36-2151212)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-01-10
- IRS object ID
- 201110129349300036
- Schema version
- 2009v1.4
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-10T10:42:03-06:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANSLEY AND KIENER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8745 W HIGGINS RD | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60631 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362151212 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEALTH & WELFARE DEPT OF THE CONSTR & | BusinessNameLine1 |
| Business Name Line2 | GEN LBRS DIST CNCL OF CH & VICIN | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HEAL | NameControl |
| Phone | 7085620200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11465 CERMAK ROAD | AddressLine1 |
| City | WESTCHESTER | City |
| State | IL | State |
| ZIP Code | 60154 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES S JORGENSEN | Name |
| Title | ADMINISTRATOR | Title |
| Phone | 7085620200 | Phone |
| Date Signed | 2011-01-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL A MERKEL | Name |
| Phone | 3122632700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES S JORGENSEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11465 CERMAK ROAD | AddressLine1 |
| City | WESTCHESTER | City |
| State | IL | State |
| ZIP Code | 60154 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 658918504 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.chicagolaborersfunds.com | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1950 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | SEE STATEMENT A | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 96 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 203258667 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 166056774 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7859619 | InvestmentIncomePriorYear |
| Investment Income Current Year | -2764044 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 211118286 | TotalRevenuePriorYear |
| Total Revenue Current Year | 163292730 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 167314772 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 167093352 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6675921 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7357558 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4399980 | OtherExpensePriorYear |
| Other Expenses Current Year | 4608661 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 178390673 | TotalExpensesPriorYear |
| Total Expenses Current Year | 179059571 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 32727613 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -15766841 | RevenuesLessExpensesCY |
| Total Assets BOY | 256589810 | TotalAssetsBOY |
| Total Assets EOY | 242607122 | TotalAssetsEOY |
| Total Liabilities BOY | 125437304 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 101562094 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 131152506 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 141045028 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Fund Provides Health, prescription, Dental, Vision and Loss of Time Benefits to eligible participants and dependents. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | To provide Health, prescription, Dental, Vision and Loss of Time Benefits to eligible participants and dependents. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 548 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 96 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MR JAMES S JORGENSEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7085620200 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11465 CERMAK ROAD | AddressLine1 |
| City | WESTCHESTER | City |
| State | IL | State |
| ZIP Code | 60154 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| CHARLES GALLAGHER | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| ALAN ESCHE | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| DAVID LORIG | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| TIM SCULLY | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| RICHARD GRABOWSKI | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| DENNIS MARTIN | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| JAMES CONNOLLY | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| MARTIN FLANAGAN | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| RICHARD KUCZKOWSKI | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| SCOTT PAVLIS | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| RICHARD SHERMAN | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| TIM RILEY | |||||||
| TRUSTEE | 2.50 | X | 0 | 0 | 0 | ||
| JAMES S JORGENSEN | |||||||
| ADMINISTRATOR | 15.00 | 260410 | 0 | 110302 | X | ||
| patrick wallace | |||||||
| IN-HOUSE FUND ATTORNEY | 20.00 | 130013 | 0 | 63920 | X | ||
| SALLY ETZ | |||||||
| DIRECTOR IS DEPARTMENT | 36.00 | 128612 | 0 | 61082 | X | ||
| EUGENIA MASHOS | |||||||
| DIRECTOR FIELD DEPARTMEN | 20.00 | 117563 | 0 | 59720 | X | ||
| JERROD OLSZEWSKI | |||||||
| IN-HOUSE FUND ATTORNEY | 20.00 | 117960 | 0 | 61402 | X | ||
| LORI WILLIAMS | |||||||
| DIRECTOR CLAIM DEPARTMEN | 40.00 | 117990 | 0 | 56134 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 872548 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 412560 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| THE SEGAL COMPANY | |||||
| 101 N WACKER DRIVE SUITE 500 | CHICAGO | IL | 60606 | BENEFIT CONSULTING AND ACTUARIAL SERVICE | 370571 |
| BANSLEY AND KIENER LLP | |||||
| 8745 W HIGGINS ROAD SUITE 200 | CHICAGO | IL | 60631 | ACCOUNTING SERVICES | 367614 |
| ALLISON SLUTSKY & KENNEDY PC | |||||
| 230 W MONROE SUITE 2600 | CHICAGO | IL | 60606 | LEGAL SERVICES | 345340 |
| LEVINSON SIMON & SPRUNG PC | |||||
| 566 W LAKE STREET SUITE 3 WEST | CHICAGO | IL | 60661 | ACCOUNTING SERVICES | 264384 |
| OGLETREE DEAKINSNASH SMOAK & STEWART | |||||
| 20 S CLARK STREET 25TH FLOOR | CHICAGO | IL | 60603 | LEGAL SERVICES | 245378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | 158009169 | 158009169 |
| SUPPLEMENTAL EARLY RET | 900099 | 3456845 | 3456845 |
| COBRA PAYMENTS | 900099 | 3053794 | 3053794 |
| GOVERNMENT DRUG SUBSID | 900099 | 802982 | 802982 |
| LIQUIDATED DAMAGES - D | 900099 | 615375 | 615375 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 118609 | TotalRevenueColumn |
| Related Or Exempt Function Income | 118609 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 166056774 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5727690 | TotalRevenueColumn |
| Exclusion | $5,727,690 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 487134040 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 495625774 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -8491734 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8491734 | TotalRevenueColumn |
| Exclusion | -$8,491,734 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 163292730 | TotalRevenueColumn |
| Related Or Exempt Function Income | 166056774 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$2,764,044 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167093352 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171584 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4213006 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1374528 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1250946 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347494 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1215596 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 338753 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 609961 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 251239 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 811780 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 315936 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 483246 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23660 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 211008 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136714 | Total |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| outside seRVICES | 156300 |
| general expenses | 45029 |
| continued professional | 9439 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 179059571 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16425246 | BOY |
| EOY | 13605833 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76634 | BOY |
| EOY | 61206 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4349477 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3991973 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 470904 | BOY |
| EOY | 357504 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 161443148 | BOY |
| EOY | 187644767 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36157049 | BOY |
| EOY | 19453444 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42016829 | BOY |
| EOY | 21484368 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 256589810 | BOY |
| EOY | 242607122 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4662323 | BOY |
| EOY | 2663435 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120774981 | BOY |
| EOY | 98898659 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125437304 | BOY |
| EOY | 101562094 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131152506 | BOY |
| EOY | 141045028 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 131152506 | BOY |
| EOY | 141045028 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 256589810 | BOY |
| EOY | 242607122 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4167230 | OtherCostOrOtherBasis |
| Depreciation | 3822110 | Depreciation |
| Book Value | 345120 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 182247 | OtherCostOrOtherBasis |
| Depreciation | 169863 | Depreciation |
| Book Value | 12384 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 357504 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| private equity partnership | 6215377 | F |
| mutual funds | 10901269 | F |
| real estate investment fun | 2336798 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 19453444 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| EMPLOYER CONTRIBUTIONS - NET OF ALLOWANCE | 17069308 |
| DUE FROM BROKERS | 461583 |
| ACCRUED INTEREST | 926327 |
| MEDICAL CLAIMS REIMBURSEMENT | 2578558 |
| DUE FROM OTHER FUNDS | 448592 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 21484368 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| BANK OVERDRAFT | $1,537,924 |
| CLAIMS CURRENTLY PAYABLE | $4,116,800 |
| ESTIMATED LIABILITIES FOR CLAIMS INCURRED, NOT REPORTED | $16,467,400 |
| ESTIMATED LIABILITIES FOR ACCUMULATED ELIGIBILITY | $63,430,000 |
| ESTIMATED LIABILITY FOR HRA PROGRAM BENEFITS PAYABLE | $13,346,535 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 98898659 | TotalOfAmounts |
| Total Revenue | 163292730 | TotalRevenue |
| Total Expenses | 179059571 | TotalExpenses |
| Excess Or Deficit For Year | -15766841 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 25659363 | NetUnrealizedGLOnInvestments |
| Other | -$4,839,527 | OtherAmount |
| Total Adjustments | 20819836 | TotalAdjustments |
| Excess Or Deficit Per FS | 5052995 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 188342132 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 25659363 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 25659363 | RevenueNotRptdF990 |
| Revenue Subtotal | 162682769 | RevenueSubtotal |
| Investment Expenses Not Included | 609961 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 609961 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 163292730 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 183289137 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 183289137 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 609961 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -4839527 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -4229566 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 179059571 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | decrease in benefit obligations: -4839527. |
| Part XIII, Line 4b - Other Adjustments: | DECREASE IN BENEFIT OBLIGATIONS |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES S JORGENSEN | |||||||||||||
| 260410 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55151 | 55151 | 315561 | 55151 | 279182 | 44853 |
| patrick wallace | |||||||||||||
| 130013 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31960 | 31960 | 161973 | 31960 | 147410 | 26248 |
| SALLY ETZ | |||||||||||||
| 128612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54974 | 6108 | 183586 | 6108 | 155213 | 4760 |
| EUGENIA MASHOS | |||||||||||||
| 117563 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29860 | 29860 | 147423 | 29860 | 135731 | 24799 |
| JERROD OLSZEWSKI | |||||||||||||
| 117960 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30701 | 30701 | 148661 | 30701 | 135203 | 25056 |
| LORI WILLIAMS | |||||||||||||
| 117990 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56134 | 0 | 174124 | 0 | 143631 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 8b | There are no subcommittees with authority to act on behalf of the board of trustees. |
| Form 990, Part VI, Section B, line 11 | THE BOARD AUTHORIZES THE FUND ADMINISTRATOR, JAMES JORGENSEN, TO REVIEW AND APPROVE THE FORM 990 PRIOR TO THE DATE THAT FILING OCCURS WITH THE IRS. |
| Form 990, Part VI, Section B, line 12 | THE FUND'S LEGAL COUNSEL INFORMS THE BOARD OF TRUSTEES OF THEIR FIDUCIARY OBLIGATIONS AND WHAT CONSTITUTES A CONFLICT OF INTEREST. |
| THE BOARD OF TRUSTEES DETERMINE AND APPROVE THE SALARY FOR THE OFFICE EMPLOYEES AND THE FUND ADMINISTRATOR, JAMES JORGENSEN. THE FUND ADMINISTRATOR'S SALARY IS PAID BY THE WELFARE FUND AND ALLOCATED WITH AND REIMBURSED BY THE LABORERS' PENSION FUND AND THE LABORERS' STAFF PENSION FUND. | |
| Form 990, Part VI, Section C, line 19 | PARTICIPANTS OF THE FUND MAY REQUEST GOVERNING AND OTHER POLICY DOCUMENTS UPON REQUEST OR THEY MAY ACCESS certain documents from THE FUND'S WEBSITE. |
| PART XI, LINE 2C | THE PLAN ADMINISTRATOR IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THE BOARD OF TRUSTEES SELECTS THE INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|
| LABORERS' PENSION FUND | ||||||||
| 11465 CERMAK ROAD | WESTCHESTER | IL | 60154 | 362514514 | PENSION FUND | IL | 401(A) | N/A |
| LABORERS' STAFF PENSION PLAN | ||||||||
| 11465 CERMAK ROAD | WESTCHESTER | IL | 60154 | 366550487 | PENSION FUND | IL | 401(A) | N/A |
| LABORERS' EXCESS BENEFIT PLAN | ||||||||
| 11465 CERMAK ROAD | WESTCHESTER | IL | 60154 | 320017035 | PENSION FUND | IL | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| LABORERS' PENSION FUND | |
| N | 1355530 |
| LABORERS' PENSION FUND | |
| M | 333940 |
| laBORERS' PENSION FUND | |
| P | 2089961 |