IBEW LOCAL 90 BENEFIT FUND: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
IBEW LOCAL 90 BENEFIT FUND (EIN 06-0712954)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-10-14
IRS object ID
201112879349300961
Schema version
2010v3.4
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

FieldValueIRS element (for citing)
Timestamp2011-10-14T15:28:05-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

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 Date2010-01-01TaxPeriodBeginDate

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 Signed2011-09-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePETER GRAEBName
Phone2037876527Phone
Date Prepared2011-10-14DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

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 Receipts7018773GrossReceipts
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 Year8148877ProgramServiceRevenuePriorYear
Program Service Revenue CY6865945ProgramServiceRevenueCY
Investment Income Prior Year132788InvestmentIncomePriorYear
Investment Income Current Year152828InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year8281665TotalRevenuePriorYear
Total Revenue Current Year7018773TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year6548790BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY6880876BenefitsPaidToMembersCY
Salaries Etc Prior Year377012SalariesEtcPriorYear
Salaries Etc Current Year349729SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year428636OtherExpensePriorYear
Other Expenses Current Year457164OtherExpensesCurrentYear
Total Expenses Prior Year7354438TotalExpensesPriorYear
Total Expenses Current Year7687769TotalExpensesCurrentYear
Revenues Less Expenses Prior Year927227RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-668996RevenuesLessExpensesCY
Total Assets BOY7074484TotalAssetsBOY
Total Assets EOY6436179TotalAssetsEOY
Total Liabilities BOY931811TotalLiabilitiesBOY
Total Liabilities EOY762590TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6142673NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5673589NetAssetsOrFundBalancesEOY
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
Expense5341894Expense
Revenue6865945Revenue
DescriptionMEDICAL, DENTAL AND DISABILITY MEDICAL CLAIMSDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense1882987Expense
DescriptionMEDICAL PRESCRIPTIONSDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense74667Expense
DescriptionDISABILITY BENEFITSDescription

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense388221Expense
DescriptionOTHER MEDICAL RELATED EXPENSES AND ADMINISTRATION EXPENSESDescription
FieldValueIRS element (for citing)
Total Of Other Program Service Exp388221TotalOfOtherProgramServiceExp
Total Program Service Expense7687769TotalProgramServiceExpense
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
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 With1096396NumberFormsTransmittedWith1096
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
Compensation256877Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionMEMBERSHIP CONTRIBUTIODescription
Business Code525100BusinessCode
Total Revenue Column6865945TotalRevenueColumn
Related Or Exempt Function Income6865945RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue6865945TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column152828TotalRevenueColumn
Exclusion$152,828ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7018773TotalRevenueColumn
Related Or Exempt Function Income6865945RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$152,828ExclusionAmount

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total6880876Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total349729Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total41397Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total20949Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotal
CLAIMS PROCESSING178212
ADMINISTRATION FEE78665
ACTUARIAL & CONSULTING39886
OFFICE,PRINTING, & OTHE31954
TAXES ON DISABILITY PAY22378

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total43723Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total7687769Total

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY905150BOY
EOY391721EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY817324BOY
EOY533603EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY32956BOY
EOY36289EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY5319054BOY
EOY5191536EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY283030EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY7074484BOY
EOY6436179EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY931811BOY
EOY762590EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY931811BOY
EOY762590EOY
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)
BOY6142673BOY
EOY5673589EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6142673BOY
EOY5673589EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY7074484BOY
EOY6436179EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-668996ReconcilationRevenueExpenses
Reconcilation Other Changes199912ReconcilationOtherChanges
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 Revenue7018773TotalRevenue
Total Expenses7687769TotalExpenses
Excess Or Deficit For Year-668996ExcessOrDeficitForYear
Other$199,912OtherAmount
Total Adjustments199912TotalAdjustments
Excess Or Deficit Per FS-469084ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt7018773TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal7018773RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9907018773TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt7687769TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal7687769ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9907687769TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierPART XI, LINE 8 - OTHER ADJUSTMENTS:Identifier
ExplanationUNREALIZED DEPRECIATION OF INVESTMENTS 199,912.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
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.
THE ORGANIZATION MAKES FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:UNREALIZED DEPRECIATION OF INVESTMENTS 199,912. TOTAL TO FORM 990, PART XI, LINE 5: 199,912.FORM 990, PART XI, LINE 5:
COMMITTEE OVERSIGHT OF AUDITORSTHE BOARD OF TRUSTEES REVIEWS THE FINANCIAL STATEMENTS PREPARED BY THE AUDITORS ANNUALLY. THERE HAS NOT BEEN ANY CHANGE IN THIS POLICY OR PROCEDURE.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.