2024-09-30T14:46:32-05:00 2023-12-31 611436956 NOVAK FRANCELLA LLC 40 MONUMENT RD 5TH FLR BALA CYNWYD PA 19004 990 2023-01-01 476794596 TEAMSTERS LOCAL 237 ADMINISTRATIVE FUND TEAM 2129242000 216 W 14TH STREET NEW YORK NY 10011 GREGORY FLOYD TRUSTEE 2129242000 2024-09-30 1 0 LOUIS VERZELLA CPA P00360279 6106689400 2024-09-30 2023 2024-10-15 13:58:12Z GREGORY FLOYD 216 W 14TH STREET NEW YORK NY 10011 55005164 0 X N/A X 2015 NY TEAMSTERS LOCAL 237 ADMINISTRATIVE FUND (THE FUND), PURSUANT TO A CBA ENTERED INTO BETWEEN THE CITY AND THE UNION, RECEIVES CERTAIN NYC AGENCY EMPLOYER CONTRIBUTIONS ON BEHALF OF THE TEAMSTERS LOCAL 237 WELFARE AND RETIREES' BENEFIT FUNDS. THE TRUSTEES ARE RESPONSIBLE FOR ALLOCATING THE AMOUNTS RECEIVED AT THEIR DISCRETION. 3 0 0 0 0 0 0 0 59785380 54906305 0 0 118415 98859 59903795 55005164 0 0 0 0 74698 54147 0 0 0 59829097 54951017 59903795 55005164 0 0 9691620 10579720 9691620 10579720 0 0 X TEAMSTERS LOCAL 237 ADMINISTRATIVE FUND (THE FUND), PURSUANT TO A CBA ENTERED INTO BETWEEN THE CITY AND THE UNION, RECEIVES CERTAIN NYC AGENCY EMPLOYER CONTRIBUTIONS ON BEHALF OF THE TEAMSTERS LOCAL 237 WELFARE AND RETIREES' BENEFIT FUNDS. THE TRUSTEES ARE RESPONSIBLE FOR ALLOCATING THE AMOUNTS RECEIVED AT THEIR DISCRETION. 0 0 HOLDING ENTITY FOR CONTRIBUTIONS THAT ARE THEN ALLOCATED TO OTHER FUNDS. 0 0 0 0 0 0 0 0 0 0 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X RON GERMANA 2129242000 216 WEST 14TH STREET NEW YORK NY 10011 X GREGORY FLOYD CHAIRMAN 0.50 X 0 0 0 RUBEN TORRES TRUSTEE 0.50 X 0 0 0 DONALD ARNOLD TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 CONTRIBUTIONS 900099 54906305 54906305 54906305 EXPENSE REIMBURSEMENTS 900099 98859 98859 98859 55005164 55005164 0 0 38731 6116 6427 2873 20600 15000 8470 54906305 642 55005164 4348567 1444698 5343053 9135022 9691620 10579720 15000 15000 9676620 10564720 9691620 10579720 X 0 0 0 0 0 0 0 0 9691620 10579720 0 0 X X 0 1 X 1 0 0 DUE TO LOCAL 237 WELFARE FUND 7310040 DUE TO LOCAL 237 RETIREES' BENEFIT FUND 3254680 10564720 X 54906305 0 54906305 98859 98859 55005164 54906305 -98859 -98859 55005164 0 55005164 PART X, LINE 2: TEAMSTERS LOCAL 237 ADMINISTRATIVE FUND (THE FUND), PURSUANT TO A CBA ENTERED INTO BETWEEN THE CITY AND THE UNION, RECEIVES CERTAIN NYC AGENCY EMPLOYER CONTRIBUTIONS ON BEHALF OF THE TEAMSTERS LOCAL 237 WELFARE AND RETIREES' BENEFIT FUNDS. THE TRUSTEES ARE RESPONSIBLE FOR ALLOCATING THE AMOUNTS RECEIVED AT THEIR DISCRETION. THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO THE TAX UNDER PRESENT INCOME TAX LAWS. MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE FUND. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSE REIMBURSEMENTS 98,859. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSE REIMBURSEMENTS -98,859. FORM 990, PART VI, SECTION A, LINE 8B THE FUND HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FUND'S 990 IS PREPARED BY ITS OUTSIDE AUDITOR AND IS SUBMITTED AND REVIEWED WITH THE CONTROLLER. THE CONTROLLER THEN REVIEWS THE TAX RETURN WITH THE CHAIRPERSON OF THE BOARD OF TRUSTEES. A COPY OF THE 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS AND STAFF SALARIES ARE SET BY DEPARTMENT DIRECTORS AND APPROVED BY THE BOARD OF TRUSTEES APPOINTED BY THE UNION. INCREASES ARE EQUIVALENT TO UNION SALARY INCREASES PURSUANT TO THE COLLECTIVE BARGAINING CONTRACT IN FORCE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND CAN BE EXAMINED AT THE FUND OFFICE. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.