2024-05-02T10:01:10-05:00 2023-06-30 141624930 TEAL BECKER & CHIARAMONTE CPAS PC 7 WASHINGTON SQUARE ALBANY NY 12205 990 2022-07-01 141437195 LABORERS' LOCAL 157 HEALTH BENEFITS FUND LABO 5183748872 348 DUANESBURG ROAD SCHENECTADY NY 12306 MICHAEL BRADY PLAN ADMINISTRATOR 5183748872 2024-04-13 1 MICHAEL BRADY 999009999 1 PAULA PIERCE CPA P00447891 5184566663 2024-04-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL BRADY 348 DUANESBURG ROAD SCHENECTADY NY 12306 8273701 0 X N/A X 1958 NY HEALTH BENEFITS FOR MEMBERS 6 6 4 0 0 0 0 0 4311776 4519540 790479 21780 3600 3600 5105855 4544920 0 0 2723278 3725537 160522 173777 0 0 0 409812 417089 3293612 4316403 1812243 228517 13731577 15944009 2656433 3619826 11075144 12324183 TO PROVIDE HEALTH INSURANCE TO IT'S MEMBERS 0 0 THE FUND PROVIDED MEMBERS WHO ARE ACTIVELY EMPLOYED IN THIS LOCAL'S JURISDICTION AND THEIR DEPENDENTS WITH THE FOLLOWING BENEFITS: LIFE INSURANCE; ACCIDENTAL DEATH & DISMEMBERMENT; LOSS OF TIME; HOSPITAL EXPENSES; SURGICAL EXPENSE; MEDICAL; LAB; X-RAY; HOME HEALTH CARE; MAJOR MEDICAL; PRESCRIPTIONS; DENTAL; VISION CARE; AND PHYSICAL EXAMS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 4 1 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 X MICHAEL P BRADY 5183748872 348 DUANESBURG ROAD SCHENECTADY NY 12306 X GLENN MAREK UNION TRUSTEE 1.00 X 0 0 0 IAN SHAUL UNION TRUSTEE 1.00 X 0 0 0 LAURA REGAN EMPLOYER TRUSTEE 1.00 X 0 0 0 TIMOTHY STANDHARDT UNION TRUSTEE 1.00 X 0 0 0 JAMES DAWSEY EMPLOYER TRUSTEE 1.00 X 0 0 0 JOHN JENKINS JR EMPLOYER TRUSTEE 1.00 X 0 0 0 MICHAEL P BRADY FUND ADMINISTRATOR 40.00 X 113425 0 25745 113425 0 25745 1 0 0 0 0 EMPLOYER CONTRIBUTIONS, NET 525100 4473565 4473565 SELF PAY CONTRIBUTIONS 525100 45975 45975 4519540 337873 337873 3412688 3728781 -316093 -316093 -316093 MISC INCOME 525100 3600 3600 3600 4544920 4523140 0 21780 3725537 72103 59455 19057 8783 14379 19180 46501 51688 12498 4368 8928 14850 3692 6260 ADMINISTRATION 197974 PLAN CONSULTANT 51150 4316403 1547931 1305921 694245 297713 932945 912447 58856 47817 14731 11039 10541725 13416889 13731577 15944009 63433 174026 2593000 3445800 2656433 3619826 X 0 0 0 0 11075144 12324183 11075144 12324183 13731577 15944009 228517 1020522 0 X X 0 1 X 1 0 17358 13376 3982 41498 34441 7057 11039 EST. LIABILITY-PMT OF FUTURE BENEFI 3445800 3445800 X 5515545 1020522 1020522 4495023 49897 49897 4544920 4266506 0 4266506 49897 49897 4316403 PART X, LINE 2: THE PLAN FOLLOWS THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. AS OF JUNE 30, 2023, THE PLAN BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS RETURNS BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTS OF EACH MATTER. THE PLAN HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND SIGNED BY THE PLAN ADMINISTRATOR. FORM 990, PART VI, SECTION B, LINE 15A THE TRUSTEES DISCUSS AND APPROVE THE PLAN ADMINISTRATOR'S COMPENSATION ANNUALLY AND IT IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A COLUMN E & F: EMPLOYER AND UNION TRUSTEES SERVE VOLUNTARILY AND ARE APPOINTED BY THEIR APPLICABLE ORGANIZATION. TRUSTEES RECEIVE NO COMPENSATION FROM THIS ORGANIZATION OR RELATED ORGANIZATIONS IN THEIR CAPACITY AS TRUSTEES OF THIS ORGANIZATION. SALARY AND BENEFITS FOR TRUSTEES ARE PAID FROM RELATED ORGANIZATIONS IN THEIR CAPACITY AS EMPLOYEES OR OFFICERS OF THE RELATED ORGANIZATIONS AND FOR CERTAIN TRUSTEES THAT ARE OFFICERS OF A RELATED ORGANIZATION THE INFORMATION IS DISCLOSED ON THEIR FORM 990 FILINGS. THE GROSS AMOUNT OF COMPENSATION LISTED FOR THE FUND ADMINISTRATOR IS PAID BY THE HEALTH BENEFIT FUND; THE PENSION AND ANNUITY FUNDS REIMBURSE 52% OF THE TOTAL COST TO THE HEALTH BENEFIT FUND. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR YEAR. LABORERS' LOCAL 157 PENSION FUND 348 DUANESBURG RD SCHENECTADY NY 12306 146076460 PROVIDE PENSION BENEFITS TO ITS MEMBERS NY 501 (A) N/A N/A 0 LABORERS' LOCAL 157 ANNUITY FUND 348 DUANESBURG RD SCHENECTADY NY 12306 141728182 PROVIDE ANNUITY BENEFITS TO ITS MEMBERS NY 501 (A) N/A N/A 0 LOCAL #157-LABORERS' INTERNATIONAL UNION OF NORTH AMERICA 348 DUANESBURG RD SCHENECTADY NY 12306 140772207 NEGOTIATE EMPLOYMENT TERMS FOR MEMBERS NY 501 (C)(5) N/A N/A 0 EASTERN CONTRACTORS ASSOCIATION INC 6 AIRLINE DRIVE ALBANY NY 12205 141438951 TO PROMOTE THE INTERESTS OF THE CONSTRUCTION INDUSTRY NY 501 (C)(6) N/A N/A 0 157 CONCRETE & EXCAVATION LLC B B L-CARLTON L L C BLUROC LLC BRAND SAFWAY SERVICES LLC C S ENERGY LLC CHARLES GAETANO CONSTRUCTION LLC CMI INSTALLATIONS LLC E M I GUIDE RAIL LLC F & R UNLIMITED LLC K J J INDUSTRIES LLC MLB CONSTRUCTION SERVICES LLC MCJ CONSTRUCTION LLC NEW CASTLE PAVING LLC PARKER & HAMMOND CONSTR LLC PROSEED RESTORATION LLC UPSTATE CONCRETE & CONSTRUCTION LLC A & K SLIP FORMING INC A G I CONSTRUCTION A J G ASSOCIATES A J S MASONRY A M C CONTRACTING A O W ASSOCIATES INC ALLIANCE MASONRY CORP ATLANTIC CONTRACTING & SPECIALTIES B W D STEEL INC BAYSTATE BLASTING INC CALLANAN INDUSTRIES INC CLOVER LEAF NURSERIES COBLESKILL STONE PRODUCTS INC COLLETT MECHANICAL INC CRISTO DEMOLITION INC D J ROSSETTI MASONRY DA COLLINS CONSTRUCTION DEBRINO CAULKING ASSOC INC DUANE BUILDERS INC DUNCAN & CAHILL INC EASTERN NY LABORERS' TRAINING CENTER ELDERLEE INC FERREIRA CONSTRUCTION GOLDEN GATE DEVELOPERS HARRISON & BURROWES BRIDGE HIGHWAY REHABILITATION CORP IBEW LOCAL 1249 PENSION & INSURANCE FUND J D R MASONRY SERVICES J J P SLIPFORMING J MULLEN & SONS JC STRUCTURES MASONRY CONTR JACKSON DEMOLITION JAMES H MALOY INC JETT INDUSTRIES INC JIM CONSTRUCTION SERVICES KIEWIT POWER CONSTRUCTORS LABORERS EMPLOYERS BENEFIT PLAN LANCASTER DEVELOPENT INC M D DRILLING & BLASTING INC M V P CONSTRUCTION M SULLIVAN CONSTRUCTION MANAFORT BROTHERS INC MULTI-PHASE CONTRACTING MURNANE CONSTRUCTION SERVICES INC NATALE MASONRY NEWPORT NEWS SHIPBUILDING NORTHEAST RIGGERS & ERECTORS PCI PAPA CONSTRUCTION PETER LUIZZI & BROS CONTRACTING INC PHELPS GUIDE RAIL QUALITY STRUCTURES INC R W DAKE CONSTRUCTION REACTION CONSTRUCTION REALE CONSTRUCTION CO INC RIFENBURG CONTRACTING CORPORATION ROZELL EAST INC SANZ CONSTRUCTION INC SCHMIDT & SCHMIDT CONST SESSLER WRECKING INC SOUTHLAND RENDA J V STRUCTURAL SERVICES OF NEW YORK INC SUPREME INDUSTRIES INC SYRSTONE INC THE WESSON GROUP THREE D RIGGING & CONSTRUCTION INC TRI-CITY SCAFFOLD CO INC TULLY CONSTRUCTION TURNER CONSTRUCTION UNITED RENTALS UNIVERSAL BLASTCO WM J KELLER & SONS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 LABORERS' LOCAL 157 PENSION FUND O 94978 ALLOCATION LABORERS' LOCAL 157 ANNUITY FUND O 87942 ALLOCATION