2024-10-17T10:32:45-05:00 2023-12-31 222951202 MSPC CPA'S & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 133161717 LOCAL 147 CONSTRUCTION WORKERS ASB FUND C/O BASIL CASTROVINCI ASSOCIATES INC LOCA 9736013828 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 RICHARD T FITZSIMMONS TRUSTEE 7189946664 2024-10-17 1 1 ROBERT J JANNELLI CPA P00450209 9082727000 2023 2024-10-15 13:58:12Z RICHARD T FITZSIMMONS 4332 KATONAH AVENUE BRONX NY 10470 9591659 0 X SANDHOGS147.ORG X 1983 NY TO PROVIDE ADDITIONAL BENEFITS AS DESCRIBED IN PART III TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 6 3 67 0 0 0 0 0 1154217 1977083 655411 1137531 3050 1142 1812678 3115756 0 0 1013269 1587197 0 0 0 0 0 159702 161718 1172971 1748915 639707 1366841 10793223 11892187 31205 26506 10762018 11865681 TO PROVIDE ADDITIONAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 0 0 THE FUND PROVIDES ADDITIONAL BENEFITS SUCH AS UNEMPLOYMENT, WORKERS COMPENSATION, DISABILITY, ECONOMIC ASSISTANCE, EDUCATION, DEATH, SEVERANCE AND VACATION TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS WHICH ARE FUNDED BY PARTICIPATING EMPLOYERS WHICH MAKE CONTRIBUTIONS BASED ON HOURS WORKERS. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 5 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X THE FUND 9736013828 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 X RICHARD T FITZSIMMONS UNION TRUSTEE 1.00 40.00 X 0 263936 263168 JOHN RYAN UNION TRUSTEE 1.00 10.00 X 0 16175 6695 CHRISTOPHER FITZSIMMONS UNION TRUSTEE 1.00 40.00 X 0 203887 185452 ROBERT WESSELS EMPLOYER TRUSTEE 0.50 X 0 0 0 MARK ROSEN EMPLOYER TRUSTEE 0.50 X 0 0 0 PATRICK ROONEY EMPLOYER TRUSTEE 0.50 X 0 0 0 0 483998 455315 0 0 1 0 0 EMPLOYERS' CONTRIBUTIONS 230000 1977083 1977083 1977083 294412 294412 7319022 6475903 843119 843119 843119 RESTITUTION OF THEFT 900099 1142 1142 1142 3115756 1978225 0 1137531 1587197 84346 24000 20500 27636 1027 2889 BANK CHARGES 1320 1748915 655152 846174 207862 260970 45642 47576 9884567 10737467 10793223 11892187 31205 26506 31205 26506 X 0 0 0 0 10762018 11865681 10762018 11865681 10793223 11892187 1366841 -263178 0 X X 0 1 X 1 0 0 X 2824942 -263178 -263178 3088120 27636 27636 3115756 1721279 0 1721279 27636 27636 1748915 PART X, LINE 2: THE PLAN HAS RECEIVED A DETERMINATION LETTER FROM THE IRS INDICATING THAT THE PLAN HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. PLAN MANAGEMENT AND THE PLAN'S TAX COUNSEL BELIEVE THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THEREFORE, THEY BELIEVE THAT THE PLAN WAS QUALIFIED AND THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANICAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 0 0 RICHARD T FITZSIMMONS UNION TRUSTEE 0 263936 0 0 0 0 0 148531 0 114637 0 527104 0 0 CHRISTOPHER FITZSIMMONS UNION TRUSTEE 0 203887 0 0 0 0 0 112260 0 73192 0 389339 0 0 FORM 990, PART VI, SECTION A, LINE 2 RICHARD T. FITZSIMMONS AND CHRISTOPHER FITZSIMMONS ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES THIS INFORMATION UPON REQUEST FORM 990, PART VII, LINE 1A(B) CERTAIN TRUSTEES OF THE FUND ARE COMPENSATED BY THE RELATED LOCAL UNION FOR HOURS THEY WORK RELATED TO UNION BUSINESS. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES OVERSEE THE AUDIT OF THE FINANCIAL STATEMENTS. LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION #147 4332 KATONAH AVE BRONX NY 10470 135569067 LOCAL UNION SERVING ELIGIBLE MEMBERS NY 501(C)(5) N/A N/A 0 CONSTRUCTION WORKERS LOCAL 147 TRAINING FUND 4332 KATONAH AVE BRONX NY 10470 137237968 TRAINING AND EDUCTION OF LOCAL UNION MEMBERS NY 501(C)(3) PF N/A 0 CONSTRUCTION WORKERS LOCAL 147 ANNUITY FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 133161716 DEFINED CONTRIBUTION RETIREMENT PLAN NY 401(A) N/A N/A 0 CONSTRUCTION WORKERS LOCAL 147 RETIREMENT FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 136528181 DEFINED BENEFIT RETIREMENT PLAN NY 401(A) N/A N/A 0 CONSTRUCTION WORKERS LOCAL 147 WELFARE FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 136101595 HEALTH AND WELFARE BENEFIT PLAN NY 501(C)(9) N/A N/A 0 SKANSKA USA CIVIL NY LOCAL 147 TRAINING FUND NY RENESCO INC VA NORTHEAST REMSCO NJ LOCAL UNION NO147 NY WALSH CONSTRUCTION II IL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0