2024-11-04T10:47:05-06:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 146022213 TEAMSTERS LOCAL 445 CONSTRUCTION DIV HEALTH & WELFARE FUND TEAM 8455644076 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 DANIEL MALDONADO TRUSTEE 8455644076 2024-11-04 1 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2023 2024-10-15 13:58:12Z DANIEL MALDONADO 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 10790504 0 X TEAMSTERSLOCAL445.UNIONACTIVE.COM/ X 1961 NY PROVIDE HEALTH AND WELFARE BENEFITS. 4 2 4 0 0 0 0 0 4567452 4740536 356815 178625 130085 465457 5054352 5384618 0 0 5257339 6501725 290015 265060 0 0 0 252056 257090 5799410 7023875 -745058 -1639257 5932653 4684881 1111376 1262946 4821277 3421935 PROVIDE AND ADMINISTER HEALTH AND WELFARE BENEFITS TO ALL ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 0 0 FUNDED HEALTH AND WELFARE BENEFITS FOR ELIGIBLE MEMBERS OF TEAMSTERS LOCAL UNION #445. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 39 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X TEAMSTERS LOCAL 445 8455644076 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 MARGARET FALANGA EMPLOYER TRUSTEE 2.00 X 0 0 0 NICHOLAS B CLEMENETE EMPLOYER TRUSTEE 2.00 X 0 0 0 DANIEL MALDONADO UNION TRUSTEE 2.00 X 0 113707 39530 LORI E POLESEL UNION TRUSTEE 2.00 X 0 101428 39530 0 215135 79060 0 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 4658642 4658642 EMPLOYEE CONTRIBUTIONS - COBRA 900099 81894 81894 4740536 74640 74640 5509871 5405886 103985 103985 103985 STOP LOSS REIMBURSEMENT 900099 460122 460122 OTHER INCOME 900099 5335 5335 465457 5384618 5205993 0 178625 6501725 139429 114951 10680 40717 47324 24094 64453 15963 32741 1134 4266 4732 DATA PROCESSING 12721 TELEPHONE 3862 AUTO 2085 PCORI FEES 1701 1297 7023875 379640 678104 417471 393059 45368 39762 325311 272999 72900 52312 4446138 2974805 571136 546839 5932653 4684881 36423 25518 1074953 1237428 1111376 1262946 X 0 0 0 0 4821277 3421935 4821277 3421935 5932653 4684881 -1639257 239915 0 X X 0 1 X 1 0 100809 55198 45611 224502 217801 6701 52312 INTEREST & DIVIDENDS RECEIVABLE 13174 DUE FROM AFFILIATES 24637 RIGHT OF USE ASSETS 509028 546839 HEALTH CLAIMS PAYABLE 728400 OPERATING LEASES LIABILITIES 509028 1237428 X 5140317 239915 239915 4900402 24094 460122 484216 5384618 6363559 -460122 -460122 6823681 24094 176100 200194 7023875 PART X, LINE 2: THE PLAN OBTAINED A FAVORABLE TAX DETERMINATION LETTER DATED DECEMBER 1, 1961, IN WHICH THE INTERNAL REVENUE SERVICE STATED THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR AND THE PLAN'S TAX COUNSEL BELIEVE THAT THE PLAN IS DESIGNED AND IS CURRENTLY BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. 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. THE PLAN ADMINISTRATOR 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 FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: STOP LOSS REIMBURSEMENT 460,122. PART XII, LINE 2D - OTHER ADJUSTMENTS: STOP LOSS REIMBURSEMENT -460,122. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATIONS PAYABLE 176,100. X 0 0 0 DANIEL MALDONADO UNION TRUSTEE 0 113707 0 0 0 0 0 39530 0 0 0 153237 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS A BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE PLAN'S SUMMARY PLAN DESCRIPTION AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE PLAN'S OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE ELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LOCAL UNION 445 - INT'L BROTHERHOOD OF TEAMSTERS 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 131739751 REPRESENTS MEMBERS ON EMPLOYMENT MATTERS NY SECTION 501(C)(5) 0 TEAMSTERS LOCAL 445 PENSION FUND 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 131864489 TO PROVIDE PENSION BENEFITS FOR PARTICIPANTS NY SECTION 401(A) 0 STONE CASTLE REALTY INC 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 132891975 ACTS AS A HOLDING CORPORATION TO BUILDING OCCUPIED BY LOCAL #445 NY SECTION 501(C)(2) 0 TEAMSTERS LOCAL 445 CONSTRUCTION DIV ANNUITY FUND 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 141731806 TO PROVIDE INDIVIDUAL ANNUITY ACCOUNT FOR PARTICIPANTS NY SECTION 401(A) 0 TEAMSTERS LOCAL 445 SCHOLARSHIP FUND 15 STONE CASTLE ROAD ROCK TAVERN NY 12575 383902083 TO PROVDIE FOR EDUCATION AT INSTITUTIONS OF HIGHER LEARNING NY SECTION 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 STONE CASTLE REALTY K 32741 FMV OF SQUARE FOOTAGE TEAMSTERS LOCAL 445 ANNUITY FUND Q 58374 ALLOCATION OF COMMON CHARGES TEAMSTERS LOCAL 445 PENSION FUND Q 162702 ALLOCATION OF COMMON CHARGES TEAMSTERS LOCAL 445 Q 3123 ALLOCATION OF COMMON CHARGES TEAMSTERS LOCAL 445 P 24270 TIME STUDY