2024-11-14T15:59:28-06:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 131739738 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 363 GENERAL FUND INTE 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 SAMUEL FRATTO BUS. MANAGER/FINANCIAL SECRETARY 8457833500 2024-11-14 1 1 JON S GAGLIARDI CPA P00528721 9082727000 2023 2024-10-15 13:58:12Z SAMUEL FRATTO 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 38389842 0 X WWW.IBEWLU363.ORG X 1925 NY TO ORGANIZE ALL WORKERS AND TO SECURE IMPROVED WAGES, BENEFITS AND WORKING CONDITIONS THROUGH ORGANIZING AND COLLECTIVE BARGAINING. 1945 1945 9 0 0 0 779415 1056007 3277492 3387646 465044 1605288 191387 141188 4713338 6190129 0 0 0 0 1847778 1836711 0 0 0 1952540 2022334 3800318 3859045 913020 2331084 17117891 19716219 451806 388052 16666085 19328167 TO ORGANIZE ALL WORKERS AND TO SECURE IMPROVED WAGES, BENEFITS AND WORKING CONDITIONS THROUGH ORGANIZING AND COLLECTIVE BARGAINING. 0 0 ORGANIZING, NEGOTIATION & ARBITRATION GRIEVANCE PROCEDURES FOR MEMBERS IN RELATIONS WITH CONTRACTORS' ASSOCIATION, SUPPLY HOUSE, MUNICIPALITIES, & UTILITY COMPANIES. 0 0 0 0 0 0 0 0 0 1 1 0 0 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 11 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 1945 1945 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 X IBEW #363 GENERAL FUND 8457833500 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 SAMUEL FRATTO BUS. MANAGER/FIN. SECRETAR 40.00 X 254580 0 0 FRANK PERUGINO PRESIDENT/ASST. BUS. MGR 40.00 X 171800 0 275 STEPHEN NEUGEBAUER ASST. BUS. MGR/E-BOARD 40.00 X 171800 0 360 JOHN DICKSON ASST. BUS. MGR/E-BOARD 40.00 X 171800 0 60 GARY COLANDREA FORMER VICE PRESIDENT 1.00 X 0 0 100 GERARD MURTAGH VICE PRESIDENT 1.00 X 0 0 200 KYLE PARENZEN TREASURER 40.00 X 0 0 100 JAMES MOORE EXECUTIVE BOARD 1.00 X 0 0 180 JOHN DISPENSA FORMER EXECUTIVE BOARD 1.00 X 0 0 0 KENNETH SUTTON EXECUTIVE BOARD 1.00 X 0 0 360 MARK GRAD FORMER EXECUTIVE BOARD 1.00 X 0 0 0 MIKE FERGUSON EXECUTIVE BOARD 1.00 X 0 0 180 GREG HOOVER EXECUTIVE BOARD 1.00 X 0 0 180 NICK HEIM EXECUTIVE BOARD 1.00 X 0 0 180 WILLAM EDWARDS RECORDING SECRETARY 1.00 X 0 157240 66426 ZARARIAH DICKSON EXECUTIVE BOARD 1.00 X 0 0 120 JOHN A MARAIA ASSISTANT BUSINESS MANAGER 40.00 X 171800 0 0 HARRY MILLER ASSISTANT BUSINESS MANAGER 40.00 X 171800 0 0 THOMAS KNAPP ASSISTANT BUSINESS MANAGER 40.00 X 157240 0 0 1270820 157240 68721 7 0 1 0 0 1056007 1056007 ASSESSMENTS 900099 3387646 3387646 3387646 453180 453180 33326247 25574 32148852 50861 1177395 -25287 1152108 1152108 REIMBURSED BY AFFILIATED FUNDS 900099 138260 138260 MISCELLANEOUS INCOME 900099 2928 2928 141188 6190129 3528834 0 1605288 1273464 280221 182739 100287 103211 40010 49423 130526 57979 183609 40399 825164 65539 72097 PUBLIC RELATIONS 154337 MANAGEMENT EXPENSES 114344 OFFICE, SECRETARIAL, & 90667 CONTRIBUTIONS 69114 25915 3859045 20629 1261001 1336672 907567 697435 516016 7929 17266 846110 581442 309862 264668 7816901 10461247 6415181 5781937 513282 506517 17117891 19716219 88997 64013 362809 324039 451806 388052 X 16666085 19328167 16666085 19328167 17117891 19716219 2331084 330998 0 X X 0 1 X 1 0 522016 435882 86134 324094 145560 178534 264668 U.S. GOVERNMENT SECURITIES 4919257 F CORPORATE BONDS 862680 F 5781937 DUE TO BROKER 33964 OPERATING LEASE LIABILITY 290075 324039 X 6382867 330998 330998 6051869 138260 138260 6190129 3720785 -138260 -138260 3859045 0 3859045 PART X, LINE 2: THE LOCAL IS EXEMPT FROM THE FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 (C)(5) OF THE INTERNAL REVENUE CODE AND FILES FORM 990. 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 UNION 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. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS 138,260. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSED BY AFFILIATED FUNDS -138,260. X 0 0 0 SAMUEL FRATTO BUS. MANAGER/FIN. SECRETAR 254580 0 0 0 0 0 36032 0 23088 0 313700 0 0 0 FRANK PERUGINO PRESIDENT/ASST. BUS. MGR 171800 0 0 0 0 0 36032 0 23088 0 230920 0 0 0 STEPHEN NEUGEBAUER ASST. BUS. MGR/E-BOARD 171800 0 0 0 0 0 36032 0 23088 0 230920 0 0 0 JOHN DICKSON ASST. BUS. MGR/E-BOARD 171800 0 0 0 0 0 36032 0 23088 0 230920 0 0 0 JOHN A MARAIA ASSISTANT BUSINESS MANAGER 171800 0 0 0 0 0 36032 0 23088 0 230920 0 0 0 HARRY MILLER ASSISTANT BUSINESS MANAGER 171800 0 0 0 0 0 36032 0 23088 0 230920 0 0 0 WILLAM EDWARDS RECORDING SECRETARY 0 157240 0 0 0 0 0 40185 0 26066 0 223491 0 0 THOMAS KNAPP ASSISTANT BUSINESS MANAGER 157240 0 0 0 0 0 36032 0 23088 0 216360 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 1,945 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO HAVE THE RIGHT TO VOTE AND ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS ARE SUBJECT TO THE APPROVAL OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION IS PROVIDED WITH A CLIENT COPY OF THE RETURN FOR REVIEW PURPOSES PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XXI, LINE 2C THE TRUSTEES ARE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT AUDITORS. IBEW 363 JAT RE CORP 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 133765269 CORPORATION THAT OPERATES BY LEASING OFFICE SPACE TO OTHER 363 FUNDS. NY 501(C)(2) 0 IBEW 363 LMCC FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 133800212 PROVIDES EDUCATIONAL AND PROMOTIONAL SERVICES. NY 501(C)(5) 0 IBEW 363 APPRENTICESHIP FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 136132505 PROVIDES TRAINING FOR APPRENTICES AND MEMBERS. NY 501(C)(3) 0 IBEW 363 WELFARE FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 136132502 PROVIDES MEDICAL AND VACATION BENEFITS TO ELIGIBLE PARTICIPANTS. NY 501(C)(9) 0 IBEW 363 SCHOLARSHIP FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 204423030 PROVIDES SCHOLARSHIPS TO ELIGIBLE STUDENTS. NY 501(C)(3) 0 IBEW 363 PENSION FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 516041178 PROVIDES PENSION BENEFITS FOR ELIGIBLE MEMBERS. NY 401(A) 0 IBEW 363 SUPPLY HOUSE PENSION FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 132972311 PROVIDES PENSION BENEFITS FOR ELIGIBLE SUPPLY HOUSE PARTICIPANTS. NY 401(A) 0 IBEW 363 MONEY PURCHASE PENSION FUND 67 COMMERCE DRIVE SOUTH HARRIMAN NY 10926 136530041 PROVIDES ANNUITY BENEFITS FOR ELIGIBLE PARTICIPANTS. NY 401(A) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 IBEW 363 JAT RE CORP K 50925 USAGE OF BUILDING IBEW 363 WELFARE FUND P 90666 TIME ANALYSIS IBEW 363 MPP (ANNUITY) FUND Q 23800 TIME ANALYSIS/USAGE OF EXPENSES IBEW 363 JAT FUND Q 14089 TIME ANALYSIS/USAGE OF EXPENSES IBEW 363 LMCC Q 10054 TIME ANALYSIS/USAGE OF EXPENSES IBEW 363 PENSION FUND Q 21109 TIME ANALYSIS/USAGE OF EXPENSES IBEW 363 SUB FUND Q 18480 TIME ANALYSIS/USAGE OF EXPENSES IBEW 363 WELFARE FUND Q 22880 TIME ANALYSIS/USAGE OF EXPENSES