2022-09-13T12:27:06-05:00 2021-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2021-01-01 221337490 INT'L BROTHERHOOD OF TEAMSTERS LOCAL NO 560 INTL 2018640051 707 SUMMIT AVENUE UNION CITY NJ 07087 JOSEPH DIPALMA PRESIDENT 2018640051 2022-09-13 1 JOSEPH DIPALMA 999009999 RAYMOND HARGADON P01780635 9082727000 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOSEPH DIPALMA 707 SUMMIT AVENUE UNION CITY NJ 07087 2477873 0 0320 X N/A X 1911 NJ ORGANIZATION AND REPRESENTATION OF WORKERS. 7 0 9 0 0 0 2134335 2210635 0 0 9813 10097 24739 145379 2168887 2366111 0 0 0 0 1620920 1388104 0 0 0 794262 808362 2415182 2196466 -246295 169645 1157521 1280296 166415 44909 991106 1235387 ORGANIZATION AND REPRESENTATION OF WORKERS. 0 0 REPRESENTATION OF MEMBERS IN THE COLLECTIVE BARGAINING PROCESS. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 9 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 0 0 0 X LOUIS RODRIGUEZ 2018640051 707 SUMMIT AVENUE UNION CITY NJ 07087 ANTHONY VALDNER PRESIDENT 40.00 X 80115 0 62538 JOSEPH DILEO RECORDING SECRETARY 40.00 X 102416 0 83627 LOUIS RODRIGUEZ SECRETARY-TREASURER 40.00 X 106393 0 74479 JOSEPH DIPALMA TRUSTEE 40.00 X 103572 0 79149 NICHOLAS JAYME TRUSTEE 40.00 X 100593 0 72631 HAROLD WELSH JR VICE PRESIDENT 40.00 X 102631 0 90900 KEVIN BIGLEY FORMER TRUSTEE 40.00 X 0 0 93 NELSON BUENTES TRUSTEE 5.00 X 0 0 0 595720 0 463417 5 0 1 0 PAUL A MONTALBANO ESQ LLC 669 RIVER DRIVE SUITE 125 ELMWOOD PARK NJ 07407 LEGAL 145513 1 2044220 166415 2210635 8984 8984 112875 111762 1113 1113 1113 OTHER INCOME 900099 143236 143236 FUNDS FOR TRANSMITTAL 900099 2143 2143 145379 2366111 145379 0 10097 595720 123834 402969 204561 61020 145513 18000 17574 35409 56721 6546 466105 12829 15438 EQUIPMENT RENTAL AND MA 20473 MISCELLANEOUS 5127 CONTRIBUTIONS 2850 REFUNDS - DUES AND INIT 2753 3024 2196466 42041 177591 179158 104520 436033 374150 392 61883 365228 375025 570702 561277 1157521 1280296 44909 166415 0 166415 44909 X 866106 1110387 125000 125000 991106 1235387 1157521 1280296 169645 74636 0 X 0 1 X 0 0 1 1 0 194036 194036 0 241997 180114 61883 61883 INVESTMENT IN LOCAL 560 BUILDING CORP 561277 C 561277 X 2440747 74636 74636 2366111 0 2366111 2196466 0 2196466 0 2196466 PART X, LINE 2: THE LOCAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE. THE SUBSIDIARY, LOCAL 560 BUILDING CORP, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THE LOCAL 560/478 MERGER, LLC IS CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LOCAL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LOCAL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE LOCAL, SUBSIDIARY, AND LLC HAVE FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2018 TO 2021 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE LOCAL, SUBSIDIARY, AND LLC ARE NOT CURRENTLY UNDER AUDIT NOR HAS LOCAL, SUBSIDIARY, AND LLC BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. 0 0 0 HAROLD WELSH JR VICE PRESIDENT 102145 0 0 0 486 0 63450 0 27450 0 193531 0 0 0 JOSEPH DILEO RECORDING SECRETARY 102145 0 0 0 271 0 61669 0 21958 0 186043 0 0 0 JOSEPH DIPALMA TRUSTEE 102145 0 0 0 1427 0 51699 0 27450 0 182721 0 0 0 LOUIS RODRIGUEZ SECRETARY-TREASURER 105914 0 0 0 479 0 47029 0 27450 0 180872 0 0 0 NICHOLAS JAYME TRUSTEE 99584 0 0 0 1009 0 45181 0 27450 0 173224 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LOCAL UNION CONSISTS OF MEMBERS EMPLOYED UNDER COLLECTIVE BARGAINING AGREEMENTS IN WHICH THE LOCAL UNION IS A PARTY. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS IN GOOD STANDING ARE ELIGBLE TO VOTE IN THE ELECTION OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE EXECUTIVE BOARD, INCLUDING AMENDMENTS TO THE LOCAL UNION'S BY-LAWS, ARE SUBJECT TO APPROVAL BY THE GENERAL MEMBERSHIP AND/OR THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS GENERAL EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY EACH OF THE MEMBERS OF THE EXECUTIVE BOARD. THE EXECUTIVE BOARD IS THE GOVERNING BODY OF THE LOCAL UNION AND CONSISTS OF ALL OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED REPORTS, RECORDS, AND DOCUMENTS ARE MADE AVAILABLE AT THE LOCAL'S OFFICES UPON REQUEST. LOCAL 560478 MERGER LLC 707 SUMMIT AVENUE UNION CITY NJ 07087 830492807 EMPLOY FORMER LOCAL 478 EMPLOYEES NJ N/A LOCAL 560 BUILDING CORPORATION 707 SUMMIT AVENUE UNION CITY NJ 07087 223272489 HOLD & OPERATE BUILDING FOR TAX-EXEMPT ORGANIZATION NJ 501(C)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 LOCAL 560 BUILDING CORPORATION S 95977 CASH LOCAL 560 BUILDING CORPORATION N N/A