2025-11-03T11:27:31-08:00 2024-12-31 451621265 TED SOILEAU CPA LLC 429 GOVERNMENT ST FL 2 BATON ROUGE LA 70802 990 2024-01-01 461757206 SHEET METAL WORKERS LOCAL 214 SUPPLEMENTAL WELFARE PLAN SHEE 2259273930 2061 BEAUMONT DR BATON ROUGE LA 70806 JAY PARRISH Executive Director 2025-11-03 true true Ted A Soileau P00852991 2257667910 2024 2025-03-06 01:10:19Z JAY PARRISH 2061 BEAUMONT DR BATON ROUGE LA 70806 203898 false X N/A X 2013 LA TO RECEIVE, HOLD AND ADMINISTER THE TRUST PLAN, IN ORDER TO PROVIDE HEALTH WELFARE BENEFITS TO PARTICIPANTS AND THEIR BENEFICIARIES AS NEEDED. 2 2 8 2 0 0 12983 11841 35390 41515 49 7 48422 53363 0 114700 98100 20733 14645 0 0 30500 19559 165933 132304 -117511 -78941 600436 550639 139 0 600297 550639 TO RECEIVE, HOLD AND ADMINISTER THE TRUST PLAN, IN ORDER TO PROVIDE HEALTH WELFARE BENEFITS TO PARTICIPANTS AND THEIR BENEFICIARIES AS NEEDED. false false TO RECEIVE, HOLD AND ADMINISTER THE TRUST PLAN, IN ORDER TO PROVIDE HEALTH WELFARE BENEFITS TO PARTICIPANTS AND THEIR BENEFICIARIES AS NEEDED. false false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false true true true false true 1 0 true 8 true false false false false false false false false X 2 2 false true false false true true false true true false false true false false false false false false X TERRI NEFF 2259273930 2061 BEAUMONT DR BATON ROUGE LA 70806 X ROBBIE CHATELAIN Trustee 1.00 0.00 X 0 0 0 JAY PARRISH Trustee 1.00 0.00 X 0 0 0 0 false false false 0 0 EMPLOYER CONTRIBUTIONS 525100 11841 11841 11841 18002 18002 0 0 0 174048 150535 23513 23513 23513 0 0 0 MISC 525100 7 7 7 53363 35361 18002 0 0 0 98100 0 0 14645 0 0 0 0 390 13550 0 0 2678 0 0 253 0 0 0 0 0 0 0 0 0 1093 BANK FEES 1595 0 132304 0 0 0 19842 37926 0 0 1880 1276 0 0 0 0 0 0 345924 48542 232319 462895 0 0 471 0 600436 550639 139 139 0 X 600297 550639 600297 550639 600436 550639 -78941 19357 9926 X false true X true false 462895 X 70042 19357 19357 50685 2678 2678 53363 129626 129626 2678 2678 132304 Part X : FIN48 Footnote PART-FIN 48 FOOTNOTE ACCOUNTING FOR THE UNCERTAINTY OF TAX PSOITIONS CAN IMPACT THE FINANCIAL STATEMENTS. EVEN THROUGH THE SUPPLEMENTAL WELFARE PLAN IS EXEMPT FROM INCOME TAXES, THE SUPPLEMENTAL WELFARE PLAN MUST STILL CONSIDER WHEATHER ITS EXEMPT INCOME AND OTHER ACTIVITIES OF THE PLAN MIGHT BE DETERMINED TO BE UNRELATED BUSINESS INCOME, AND WHETHER THE PLAN HAS PROPERLY MAINTAINED ITS TAX-EXEMPT STATUS. FASB ASC 740-10-5 I.E. FORMERLY FIN 48, PUBLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD, ADDRESSES THE ISSUE OF ACCOUNTING FOR THE UNCERTAINTY OF MATERIAL TAX POSITIONS IMPACTING THE FINANCIAL STATEMENTS. THE TRUSTEES HAVE ADOPTED THE PROVISIONS OF FASB ASC 740-10-5, I.E. FORMERLY FIN 48 EFFECTIVE DECEMBER 31, 2013. THE ACCOUNTING FOR ALL MATERIAL POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ANY INCOME TAX RETURN IS GOVERNED BY FASB ASC 740-10-5. INCOME TAX RETURNS INCLUDE THOSE POSITIONS THAT WERE FILLED OF THAT SHOULD HAVE BEEN FILED WITH FEDERAL TAXING AUTHORITIES. IT IS THE TRUSTEES' POLICY TO ASSESS ALL MATERIAL POSITIONS TAKEN ON ANY FEDERAL INCOME TAX RETURN. THE TRUSTEES WILL REQUIRE ITS LEGAL AND TAX COUNSEL TO COMMUNICATE TO THEM ALL SUCH UNCERTAIN TAX POSITIONS IN ORDER TO EVALUATE THE IMPACT OF THE TAX POSITION AND THE REPORTING AND DISCLOUSRE REQUIRED. THE REQUIREMENT WILL APPLY TO NOT ONLY THE CURRENT REPORTING YEAR BUT ALSO TO ALL PRIOR OPEN REPORTING YEARS THAT COULD STILL BE SUBJECT TO EXAMINATION BY A TAXING AUTHORITY. THE TRUSTEES HAVE DETERMINED THAT ANY MATERIAL UNCERTAIN TAX POSITIONS THAT ARE PRESENTED TO THE OFFICERS WILL RECOGNIZED AND MEASURED USNG A MORE-LIKELY-THAN-NOT, MLTN THRESHOLD. THE MLTN THRESHOLD MEANS THAT 1. A BENEFIT RELATED TO AN UNCERTAIN TAX POSITION MAY NOT BE RECOGNIZED IN THE FINANCIAL STATEMENTS UNLESS IT IS MLTN THAT THE POSITION WILL BE SUSTAINED BASED ON ITS TECHNICAL MERITS, AND 2. THERE MUST BE MORE THE A 50 PERCENT LIKELIHOOD THAT POSITON WOULD BE SUSTAINED IF CHALLENGED AND CONSIDERED BY THE HIGHEST COURT IN THE RELEVANT JURISDICTION. MEASURMENT OF ANY UNCERTAIN TAX POSITION WILL REQUIRED CALCULATING THE CUMULATIVE PROBABILITY OF AN OUTCOME EITHER FOR OR AGAINST THE TAX POSITION. THE TAX BENEFIT OF A QUALIFYING POSITION IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50 PERCENT LIKELY TO BE REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. INITIAL RECOGNITION OF AN UNCERTAIN TAX POSITION WILL REQUIRE CONTINUED REASSESSMENT OF THE TAX POSITION OF AN ANNUAL BASIS. AS OF EACH YEAR END ANY UNRESOLVED UNCERTAIN TAX POSITION MUST BE REASSESSED, AND THE TRUSTEES MUST DETERMIND WHETHER 1. THE FACTORS UNDERLYING THE SUSTAINABILITY ASSERTIONS HAVE CHANGED AND, 2. THE AMOUNT OF THE RECOGNIZED TAX BENEFIT IS STILL APPROPIATE. DEVELOPMENTS SUCH AS CASE LAW, CHANGES IN TAX LAW, NEW RULINGS OR REGUALTIONS ISSUED BY TAXING AUTHORITIES, COULD AFFECT WHEATHER A TAX POSTIONS SHOULD BE RECOGNIZED OR THE AMOUNT THAT SHOULD BE REPORTED. THE SUPPLEMENTAL WELFARE PLAN WILL BE REQUIRED TO ACCRUE INTEREST AND PENALTIES THAT, UNDER PRESENT TAX LAW, THE SUPPLEMENTAL WELFARE PLAN WOULD INCUR OF THE UNCERTAIN TAX POSITION ULTIMATELY WERE NOT SUSTAINED. FOR THE YEAR ENDING DECEMBER 31, 2024, NO UNCERTAIN TAX POSTIONS WERE DETERMIND TO EXIST. Form 990, Part VI, Section A, Line 3 A THIRD PARTY ADMINISTRATOR HAS BEEN RETAINED BY THE BOARD OF TRUSTEES TO HANDLE THE ADMINISTRATIVE DUTIES OF THE PLAN. THOSE DUTIES INCLUDE PAYING HEALTH INSURANCE BENEFITS, PAYING ADMINISTRATIVE BILLS, PROCESSING MONTHLY AND ANNUAL REPORTS. SEE SCHEDULE R FOR THE IDENTIFIED ENTITY. Form 990, Part VI, Section A, Line 6 THE ELIGIBLE MEMBERS OF THIS ORGANIZATION ARE THOSE WHO ARE COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS IN FORCE BETWEEN THE REPRESENTED SHEET METAL WORKERS LOCAL UNION 214 AND THE PARTICIPATING EMPLOYERS WHO EMPLOY THOSE MEMBERS. THE ORGANIZATION IS OPERATED BY A BOARD OF TRUSTEES WHO ARE MEMBERS OF THE ORGANIZATION AUTHORIZED TO OPERATE THIS MULTI-EMPLOYER PLAN. Form 990, Part VI, Section B, Line 11b A CERTIFIED PUBLIC ACCOUNTING FIRM IS RETAINED TO PREPARE THE ANNUAL IRS FORM 990. THE CPA FIRM PROVIDES A COPY OF THE COMPLETED FORM TO THE CHAIRMAN, SECRETARY OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL. A COPY OF THE FORM 990 WAS PROVIDED TO THE PLAN ADMINISTRATOR FOR THEIR REVIEW. Form 990, Part VI, Section B, Line 12c BOARD OF TRUSTEES MEET TO ADDRESS POLICY ISSUES, PLAN OF BENEFIT CHANGES, APPEAL OF BENEFITS, REVIEW OF EMPLOYERS CONTRIBUTION REPORTS, DELINQUENCIES AND PLAN ADMINISTRATOR REPORT. DURING THESE MEETINGS, ANY ISSUES IMPACTING CONFLICT OF INTEREST, PROHIBITIVE TRANSACTIONS WILL ADDRESSED BY THE FULL BOARD OF TRUSTEES AND ACTED UPON. Form 990, Part VI, Section C, Line 19 AS CLEARLY INDICATED IN THE ANNUAL SUMMARY REPORT TO THE PARTICIPANTS AND EMPLOYERS, A FULL COPY OF THE COMPLETE U.S. DEPARTMENT OF LABOR 5500 IS AVAILBLE UPON REQUEST ALONG WITH A COPY OF THE AUDITORS ANNUAL REPORT. THE SUMMARY ANNUAL REPORT IS MAILED ANNUALLY TO ALL PARTICIPANTS AND EMPLOYERS. THE IRS FORM 990 WILL ALSO BE MADE AVAILBLE UPON REQUEST TO THE FUND ADMINISTRATOR. FORM 990, PART IX, LINE 7 THE AMOUNT LISTED ON THIS LINE REFLECTS THE PAYMENTS DISBURSED TO MEMBERS FOR SHORT TERM DISABILITY. THESE MEMBER BENEFITS FOR DISABILITY ARE NOT EMPLOYEES. SCHEDULE R, PART II A COMMON BOARD OF TRUSTEES EXISTS FOR THIS PLAN AND FOR THE SHEET METAL WORKERS' PENSION PLAN, FID 72-0562245, SHEET METAL WORKERS 21 EDUCATION FUND, FID 72-0726707, AND SHEET METAL WORKERS INDUSTRY FUND, FID 72-6029218. BECAUSE COMMON BOARD MEMBERS EXIST, A CONTROL ELEMENT OF THE RELATED PARTY DEFINITION REQUIRES THIS ADDITIONAL DISCLOSURE. SHEET METAL WORKERS PENSION PLAN 2061 BEAUMONT DR BATON ROUGE LA 70806 720562245 RELATED PARTY LA 501C9 YES true SHEET METAL WORKERS 21 EDU FUND 2061 BEAUMONT DRIVE BATON ROUGE LA 70806 720726707 RELATED PARTY LA 501C3 YES YES true SHEET METAL WORKERS INDUSTRY FUND 2061 BEAUMONT DRIVE BATON ROUGE LA 70806 726029218 RELATED PARTY LA 501C5 NO true SHEET METAL WORKERS INTERNATIONAL 2041 BEAUMONT DRIVE BATON ROUGE LA 70806 720339361 SPONSOR ORGANIZATION LA 501C5 N/A false ACADIANA SHEET METAL 1091 MAURICE RD BROUSSARD LA 70518 CONTRIBUTING LA NO C CORP false ASCENSION ROOFING & SHEET METAL 2140 S PHILIPPE AVE GONZALES LA 70737 CONTRIBUTING LA NO C CORP false B&C SHEET METAL 530 FLORIDA AVE SE DENHAM SPRINGS LA 70726 CONTRIBUTING CA NO C CORP false ATLAS BLOWPIPE & SHEET METAL INC 1024 RIDGEWOOD DR METAIRIE LA 70001 CONTRIBUTING LA NO C CORP false CRIBBS INC 523 LIVE OAK BLVD BATON ROUGE LA 70806 720549849 SPONSORING ORGANIZATION LA NO C CORP false DELTAK MFG 39455 JOHN LANIER RD WALKER LA 70785 CONTRIBUTING LA NO C CORP false VAUGHAN ROOFING & SHEET METAL 4911 I-10 PORT ALLEN LA 70767 CONTRIBUTING LA NO C CORP false false false false false false false false false false false false true false false false false false false false ACADIANA SHEET METAL l 598 COST ASCENSION ROOFING & SHEET METAL l 2283 COST B&C SHEET METAL l 4807 ATLAS BLOWPIPE & SHEET METAL INC l 1016 COST CRIBBS INC l 148 COST DELTAK MFG l 692 COST VAUGHAN ROOFING & SHEET METAL l 2500 COST PART II IDENTIFICATION OF REALTED TAX EXEMPT ORGANIZATIONS A COMMON BOARD OF TRUSTEES EXISTS FOR THIS PLAN AND FOR THE SHEET METAL WORKERS' PENSION PLAN, FID 72-0562245, SHEET METAL WORKERS 21 EDUCATIONS FUND, FID 72-0726707, AND SHEET METAL WORKERS INDUSTRY FUND, FID 72-6029218. BEACUSE COMMON BOARD MEMBERS EXIST, A CONTROL ELEMENT OF THE RELATED PARTY DEFINTION REQUESTS THIS ADDITIONAL DISCLOSURE.