2024-11-15T09:18:26-06:00 2023-12-31 310800053 CLARK SCHAEFER HACKETT & CO 1656 HENTHORNE DR SUITE 400 MAUMEE OH 43537 990 2023-01-01 340695505 PAINTING INDUSTRY INSURANCE FUND PAIN 4402600615 8257 DOW CIRCLE STRONGSVILLE OH 44136 SHAWN KROEGER ADMINISTRATOR 4402600615 2024-10-25 1 0 KRISTI L LEETH P00182413 4198412848 2024-10-25 2023 2024-10-15 13:58:12Z SHAWN KROEGER 8257 DOW CIRCLE STRONGSVILLE OH 44136 17511107 0 X N/A X 1950 OH WELFARE BENEFIT PLAN 8 8 0 0 0 0 0 0 14333318 14761627 64928 112690 204607 189724 14602853 15064041 0 0 12623243 11936519 0 0 0 0 0 1238466 1914552 13861709 13851071 741144 1212970 9897909 11263586 2626041 2477559 7271868 8786027 WELFARE BENEFIT PLAN 0 0 DISBURSEMENTS TO OR FOR MEMBERS FOR HOSPITALIZATION AND OTHER MEDICAL EXPENSES 0 0 0 0 0 0 0 1 0 1 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 0 0 0 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 X X SHAWN KROEGER 4402600615 8257 DOW CIRCLE STRONGSVILLE OH 44136 GARY BROWN TRUSTEE/CHAIRMAN 1.00 X X 0 0 0 APRIL SMOLIK TRUSTEE 1.00 X 0 0 0 JIM SHERWOOD SECRETARY TREASURER 1.00 X X 0 0 0 LOU FERRANTE TRUSTEE 1.00 X 0 0 0 JIM BLACK TRUSTEE 1.00 X 0 0 0 JON BETTAC TRUSTEE 1.00 X 0 0 0 PAM BOSZVAI TRUSTEE 1.00 X 0 0 0 MATT FORTUNA TRUSTEE 1.00 X 0 0 0 SHAWN KROEGER ADMINISTRATOR 40.00 X 0 115553 43512 0 115553 43512 0 0 1 0 0 CONTRIBUTIONS RECEIVED ERS & PTCP 525100 14761627 14761627 14761627 172281 172281 2387475 2447066 -59591 -59591 -59591 MISCELLANEOUS INCOME 524292 144800 144800 EMPLOYER ASSESSMENTS 525100 44924 44924 189724 15064041 14951351 0 112690 11936519 63984 25238 12987 665267 29160 108582 31551 3596 1564 589065 PAYROLL/ADMIN EXPENSE 347444 MISCELLANEOUS EXPENSE 30165 TELEPHONE 5949 13851071 3711010 4568292 87310 123830 1147975 1281830 16053 15104 66145 60642 4218 5503 4931343 5269027 9897909 11263586 1147253 736330 1478788 1741229 2626041 2477559 X 0 0 0 0 7271868 8786027 7271868 8786027 9897909 11263586 1212970 301189 0 X X 0 1 X 1 0 0 1 X 66145 60642 5503 5503 X 15352243 301189 301189 15051054 12987 12987 15064041 14249007 0 14249007 12987 -410923 -397936 13851071 PART IV, LINE 2B: CONTRIBUTIONS FOR INSURANCE, PENSION, ANNUITY AND OTHER COLLECTIVELY BERGAINED WITHHOLDINGS AND ASSESSMENTS ARE REMITTED AT THE SAME TIME BY EMPLOYERS. THESE MONIES ARE DEPOSITED IN AN ACCOUNT IN THE NAME OF THE PAINTING INDUSTY INSURANCE FUND, FROM WHICH THEY ARE PERIODICALLY DISTRIBUTED TO THE APPROPRIATE ORGANIZATION. THIS ACCOUNT IS ADMINISTERED BY THE TRUSTEES AND EMPLOYEES OF THE PAINTING INDUSTRY INSURANCE FUND. PART X, LINE 2: THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT THE VEBA TRUST ESTABLISHED UNDER THE PLAN WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. PART XII, LINE 4B - OTHER ADJUSTMENTS: HEALTH CLAIMS PAYABLE AND ACCRUED INSURANCE PREMIUMS -410,923. 0 0 0 SHAWN KROEGER ADMINISTRATOR 0 115553 0 0 0 0 0 0 0 43512 0 159065 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD OF TRUSTEES AND THE ADMINISTRATIVE MANAGER. FORM 990, PART VI, SECTION C, LINE 19 FEDERAL TAX LAW DOES NOT REQUIRE THESE DOCUMENTS TO BE MADE PUBLICLY AVAILABLE. PART XII, LINE 2(C) THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. PAINTING INDUSTRY FUNDS INC 8257 DOW CIRCLE STRONGSVILLE OH 44136 341840443 ADMINISTRATIVE FUNCTION OH 501(C)(5) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 PAINTING INDUSTRY FUNDS INC M 337752 ACTUAL COSTS BILLED PART V, LINE 2(C) THE VALUE OF THE SERVICES WAS DETERMINED BY THE REIMBURSEMENTS PAID TO THE RELATED ORGANIZATION BASED UPON THE COST OF THE SERVICES.