LABORERS WELFARE FUND OF DELA 199 & 847: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
LABORERS WELFARE FUND OF DELA 199 & 847 (EIN 51-6015930)
Tax period
2009-05-01 to 2010-04-30
Filed
2011-03-09
IRS object ID
201110689349300611
Schema version
2009v1.7
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)
Timestamp2011-03-09T13:26:56-06:00Timestamp
Tax Period End Date2010-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Belfint Lyons & Shuman PABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11011 Centre Rd STE 310AddressLine1
CityWilmingtonCity
StateDEState
ZIP Code19805ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN516015930EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Laborers Welfare Fund of Delaware Local Nos 199BusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLABONameControl
Phone3027986801Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 Naamans Rd Brandywine CorporateAddressLine1
Address Line2Ctr No 303AddressLine2
CityClaymontCity
StateDEState
ZIP Code19703ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJohn J McMahon JrName
TitleTrusteeTitle
Phone3027986801Phone
Date Signed2011-03-07DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMichael Wollaston CPAName
Phone3022250600Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJohn McMahon JrNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1650 Naamans Rd Brandywine CorporateAddressLine1
Address Line2Ctr NoAddressLine2
CityClaymontCity
StateDEState
ZIP Code19703ZIPCode
FieldValueIRS element (for citing)
Gross Receipts8856795GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization TrustXTypeOfOrganizationTrust
Year Formation1959YearFormation
State Legal DomicileDEStateLegalDomicile
Activity Or Mission DescriptionWELFARE BENEFIT PLANActivityOrMissionDescription
Nbr Voting Members Governing Body8NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year2321762ProgramServiceRevenuePriorYear
Program Service Revenue CY1768036ProgramServiceRevenueCY
Investment Income Prior Year251568InvestmentIncomePriorYear
Investment Income Current Year191541InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year2573330TotalRevenuePriorYear
Total Revenue Current Year1959577TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year3952309BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY3131284BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year298024OtherExpensePriorYear
Other Expenses Current Year299211OtherExpensesCurrentYear
Total Expenses Prior Year4250333TotalExpensesPriorYear
Total Expenses Current Year3430495TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-1677003RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-1470918RevenuesLessExpensesCY
Total Assets BOY5836557TotalAssetsBOY
Total Assets EOY4855820TotalAssetsEOY
Total Liabilities BOY28826TotalLiabilitiesBOY
Total Liabilities EOY43642TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY5807731NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY4812178NetAssetsOrFundBalancesEOY
Mission DescriptionTo provide health, disability insurance, and death benefits to members of the Laborers International Union of North America, AFL-CIO Local No. 199 Union and their families.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionMedical insurance and prescription drug benefits for 440 participants.Description

Activity2 Activity2

FieldValueIRS element (for citing)
DescriptionLife, disability, and dental benefits for 440 participants.Description
FieldValueIRS element (for citing)
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Balance Sheet Amounts Reported0BalanceSheetAmountsReported
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 Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096146NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
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
Nbr Voting Governing Body Members8NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1GEMGROUP LPBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3027986801TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1650 NAAMANS RD Suite 303AddressLine1
CityClaymontCity
StateDEState
ZIP Code19703ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
Raymond Pocino
Co-Chairman2.00X000
William Carter
Trustee2.00X000
John J McMahon Jr
Co-Chairman2.00X000
Toby Lamb
Trustee2.00X000
James Maravelias
Trustee2.00X000
Charles Showell Jr
Trustee2.00X000
Anthony Rizzo
Trustee2.00X000
KATHLEEN THOMAS
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
Number Of Contractors GT100 K0NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Employer contributions52510015320961532096
Payments by members525100235940235940
FieldValueIRS element (for citing)
Total Program Service Revenue1768036TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column170838TotalRevenueColumn
Exclusion$170,838ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities6917921Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities6897218Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities20703Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column20703TotalRevenueColumn
Exclusion$20,703ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1959577TotalRevenueColumn
Related Or Exempt Function Income1768036RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$191,541ExclusionAmount

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total3131284Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total101868Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total50387Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total46842Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total46285Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total27813Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total12108Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total6900Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotal
FIDUCIARY RESPONSIBILIT4097
Miscellaneous Expenses1798
Trustee Bond526
BLOOD BANK INSURANCE301
Dues and Subscriptions286

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total3430495Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY253215BOY
EOY181490EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY259687BOY
EOY25460EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY470035BOY
EOY189807EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY4744552BOY
EOY4351404EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY109068BOY
EOY107659EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY5836557BOY
EOY4855820EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY28826BOY
EOY43642EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY28826BOY
EOY43642EOY
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)
BOY5807731BOY
EOY4812178EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5807731BOY
EOY4812178EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5836557BOY
EOY4855820EOY
FieldValueIRS element (for citing)
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 Revenue1959577TotalRevenue
Total Expenses3430495TotalExpenses
Excess Or Deficit For Year-1470918ExcessOrDeficitForYear
Net Unrealized GL On Investments475365NetUnrealizedGLOnInvestments
Total Adjustments475365TotalAdjustments
Excess Or Deficit Per FS-995553ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt2388657TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments475365NetUnrealizedGainsInvestments
Revenue Not Rptd F990475365RevenueNotRptdF990
Revenue Subtotal1913292RevenueSubtotal
Investment Expenses Not Included46285InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt46285RevenueNotRptdOnFinStmt
Total Revenue Per Form9901959577TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt3384210TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal3384210ExpensesSubtotal
Investment Expenses Not Included246285InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt46285ExpensesNotRptdOnFinStmt
Total Expenses Per Form9903430495TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section B, line 11The Board of Trustees have authorized the Co-Chairmen to sign the report after reviewing the Form 990 with the Fund's tax preparer.
Form 990, Part VI, Section B, line 12cThe Fund complies with the conflict of interest regulations promulgated by ERISA. All conflicts of interest, if any, are revealed on an annual basis.
Form 990, Part VI, Section C, line 19The Fund will make governing documents, conflict of interest policy, and financial statements available to the public upon an individual's formal request submitted to the Fund office. The Fund complies will all such ERISA provisions.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSection
Laborers Annuity Fund
650 NAAMANS ROAD SUITE 303ClaymontDE19703516168953Annuity BenefitsDE501(a)
laborers Pension Fund
650 NAAMANS ROAD SUITE 303claymontDE19703516024937Pension BenefitsDE501(a)
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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