2024-11-06T11:40:39-06:00 2023-12-31 200452969 ANSEL & SLOTOPOLSKY LLP 1131 CAMPUS DRIVE WEST MORGANVILLE NJ 07751 990 2023-01-01 111488600 WORKMEN'S BENEFIT FUND OF THE USA WORK 5169386060 399 CONKLIN STREET 310 FARMINGDALE NY 117352614 RICHARD CECCHI NAT'L SECRETARY/TREASURER 5169386060 2024-11-06 1 1 MICHAEL SLOTOPOLSKY P00215062 7325365595 2024-11-05 2023 2024-10-15 13:58:12Z RICHARD CECCHI 57 CUTTER PL W BABYLON NY 11704 2130546 0 X N/A X FRATERNAL SOCIETY 1884 NY THE PRIMARY PURPOSE IS TO PROVIDE LIFE INSURANCE, ANNUITIES AND A&H BENEFITS TO ITS MEMBERS AS WELL AS PROVIDING EDUCATIONAL AND CULTURAL ACTIVITIES TO ITS MEMBERS AND LODGES 12 9 4 0 0 0 0 0 720176 607957 1216558 1181716 430760 340873 2367494 2130546 0 0 2132175 2173395 405082 378786 0 0 0 -232379 -477516 2304878 2074665 62616 55881 31213617 29769366 30126181 28677108 1087436 1092258 AS A FRATERNAL BENEFICIARY SOCIETY, WORKMENS BENEFIT FUND PROVIDES LIFE, ACCIDENT & HEALTH BENEFITS TO ITS CERTIFICATE MEMBERS AND LODGES INCLUDING EDUCATIONAL, CULTURAL ACTIVITIES. 0 0 1401902 2130546 AS A BENEFICIARY SOCIETY, THE ORGANIZATION PROVIDES LIFE,A&H BENEFITS TO ITS CERTIFICATE MEMBERS AND LODGES INCLUDING EDUCATIONAL CULTURAL ACTIVITIES. 1401902 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 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 1 321 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X WORKMENS BENEFIT FUND 5169386060 399 CONKLIN ST SUITE 310 FARMINGDALE NY 11735 CHARLES J BORG NATIONAL PRESIDENT 40.00 X X 18000 0 0 RICHARD CECCHI NATIONAL SECRETARY/TREASUR 40.00 X X 144550 0 0 JOSEPH ARNOLD NATIONAL VICE-PRESIDENT 1.00 X X 5196 0 0 LIZ KARLSMARK DIRECTOR 1.00 X 2000 0 0 PATRICIA CASEY DIRECTOR 1.00 X 2000 0 0 RICHARD HALLEX DIRECTOR 1.00 X 2000 0 0 ROBERT KESTENBAUM DIRECTOR 1.00 X 2000 0 0 PHILIP MARK DIRECTOR 1.00 X 2000 0 0 BARBARA HENDRICKSON DIRECTOR 1.00 X 2000 0 0 ARLENE KYLER DIRECTOR 1.00 X 2000 0 0 GEORGE BOEHM DIRECTOR 1.00 X 3200 0 0 MARTIN KRUPNICK DIRECTOR 1.00 X 3200 0 0 188146 0 0 1 0 0 0 0 MEMBERS PREMIUM DUES 524113 607957 607957 607957 1181716 1181716 AMORTIZATION-IMR 524298 340873 340873 340873 2130546 2130546 0 0 2173395 2173395 188146 188146 111815 111815 49738 7461 42277 8704 1306 7398 20383 3056 17327 241 241 134534 134534 12 12 1639 1639 19268 2890 16378 45035 6755 38280 61663 8686 52977 1498 225 1273 -30000 -30000 13309 1996 11313 25733 3860 21873 STATE FEES 14725 2209 12516 OFFICIAL PUBLICATIONS 12615 12615 COMMISSIONS 10411 10411 SUNDRY GENERAL 3598 540 3058 -791797 -793092 1295 2074665 1401902 672763 0 381436 386427 250 350 0 13309 29270119 27814262 1548503 1568327 31213617 29769366 30000 10024 7500 30086157 28669608 30126181 28677108 X 1087436 1092258 1087436 1092258 31213617 29769366 X 55881 -51059 X X 0 1 X 1 0 0 CONTRACT LOANS 456184 C INVESTMENT INCOME- DUE AND ACCRUED 347541 C SECURITY DEPOSIT 9605 C PREPAID PENSION 714498 C RECOVERABLE REINSURANCE 40499 C 1568327 AGGREGATE LIFE RESERVE 26100441 LIABILITY-DEPOSIT TYPE CONTRACTED 1045126 CLAIMS PAYABLE 198678 AMOUNTS WITHHELD 22333 ASSET VALUATION RESERVE 432421 INTEREST MAINT RESERVE 870609 28669608 2067084 0 2067084 63462 63462 2130546 2011203 0 2011203 63462 63462 2074665 NY INSUR DEPT REQUIRES ALLOC OF EXPNSES TO GROSS INVEST INCOME IN ANNUAL RE NEW YORK INSURANCE DEPARTMENT REQUIRES AN ALLOCATION OF EXPENSES AGAINST GROSS INVESTMENT INCOME AND REPORT SUCH ON THE ANNUAL STATEMENT SENT ANNUALLY TO THE INSURANCE DEPARTMENT PART X111. THE ALLOCATED INVESTMENT EXPENSES PER ABOVE EXPLANATION, IS ADDED BACK TO THE EXPENSES REPORTED ON THE ANNUAL STATEMENT FORM 990, PART VI, SECTION A, LINE 6 FRATERNAL SOCIETIES ARE COMPRISED OF MEMBERS WHO ARE LOCATED IN VARIOUS LODGES. EACH LODGE ELECTS ITS OWN OFFICERS. EVERY 4 YEARS A CONVENTION IS HELD MADE UP OF DELEGATES ELECTED FROM THESE LODGES WHO ELECT THE OFFICERS AND BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS EVERY 4 YEARS ELECT DELEGATES WHO ATTEND THE CONVENTION FOR THE PURPOSE OF ELECTING OFFICERS AND BOARD MEMBERS. THESE DELEGATES MAY ELECT ONE OR MORE MEMBERS FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING BODY IS THE CONVENTION WHERE OFFICERS AND BOARD MEMBERS ARE ELECTED AND CHANGES IN THE BY-LAWS AND CONSTITUTION ARE APPROVED OR DISAPPROVED FORM 990, PART VI, SECTION B, LINE 11B THE BOARD COMPARES THE FORM 990 TO THE ANNUAL STATEMENT FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD MEMBERS WILL BRING THESE MATTERS TO A REGULAR OR SPECIAL MEETINGS TO MAKE CERTAIN THAT THE SOCIETY IS IN COMPLIANCE WITH THE NY INSURANCE DEPARTMENT RULES AND REGULATIONS FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE OFFICERS ARE SET BY THE CONVENTION OF THE DELEGATES HELD EVERY FOUR YEARS FORM 990, PART VI, SECTION C, LINE 19 ANY MEMBER CAN, UPON A WRITTEN SUBMISSION, OBTAIN THIS INFORMATION FORM 990, PART XI, LINE 9: CHANGE IN ASSET VALUATION RESERVE -50,228. FRATERNAL FUND -732. UNREALIZED CAPITAL LOSS -99. SAME AS PRIOR YEAR, NO CHANGE. SAME AS PRIOR YEAR, NO CHANGE.