2025-11-13T08:03:45-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 220743980 INTERNATIONAL ASSOCIATION OF HEAT LOCAL NO 32 INTE 7325453210 318 CLEVELAND AVE HIGHLAND PARK NJ 089041845 JOHN DWYER JR FINANCIAL SECRETARY 7325453210 2025-11-13 1 1 ROBERT J JANNELLI CPA P00450209 9082727000 2024 2025-03-06 01:10:19Z JOHN DWYER JR 318 CLEVELAND AVE HIGHLAND PARK NJ 089041845 1975011 0 X LOCAL32JAC.ORG X LOCAL UNION 1960 NJ THE IAHFIAW WORKERS LOCAL UNION NO. 32 WAS ESTABLISHED TO PROVIDE FOR BETTER WORKING CONDITIONS, WAGES, AND BENEFITS FOR MEMBERS OF THE UNION. 11 0 6 0 0 0 1851925 1848762 3440 1290 43884 81816 13045 43143 1912294 1975011 0 0 51583 29046 1167823 1193345 0 0 0 804125 835190 2023531 2057581 -111237 -82570 4047316 3952767 123563 112076 3923753 3840691 THE HFIAW WORKERS LOCAL UNION NO. 32 WAS ESTABLISHED TO PROVIDE FOR BETTER WORKING CONDITIONS, WAGES, AND BENEFITS FOR MEMBERS OF THE UNION. 0 0 THE HFIAW WORKERS LOCAL UNION NO. 32 WAS ESTABLISHED TO PROVIDE FOR BETTER WORKING CONDITIONS, WAGES, AND BENEFITS FOR MEMBERS OF THE UNION. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 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 4 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 11 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 X HFIAW LOCAL NO 32 7325453210 318 CLEVELAND AVENUE HIGHLAND PARK NJ 089041845 JOHN M DWYER JR BUSINESS MANAGER/FST 40.00 X 164628 0 129283 JERAMIAH FARMER BUSINESS AGENT 1.00 X 157809 0 127949 MARVIN LOWERY RECORDING SECRETARY 1.00 X 0 0 0 STEPHEN SULLIVAN E. BOARD/ORGANIZER 1.00 X 132618 0 105569 DOMINICK BOLDI EXECUTIVE BOARD 1.00 X 0 0 0 JESSIE JOHNSON EXECUTIVE BOARD 1.00 X 0 0 0 DEREK VERGARI PRESIDENT/APP COORD 1.00 39.00 X 0 142707 78463 JERONIMO ROQUE EXECUTIVE BOARD 1.00 X 0 0 0 BRIAN PENT VICE PRESIDENT 1.00 X 8562 0 5131 JOSEPH MCCONNELL EXECUTIVE BOARD 1.00 X 0 0 0 MIKE SAPORITO SGT. AT ARMS 1.00 X 0 0 0 463617 142707 446395 3 0 1 0 0 1848762 1848762 MEMBERS CONTRIBUTIONS 230000 1290 1290 1290 81816 81816 MISCELLANEOUS INCOME 230000 32643 32643 TRADE IN VALUE FOR AUT 230000 10500 10500 43143 1975011 44433 0 81816 29046 831549 146176 34722 125320 55578 11070 9000 2645 26574 17425 51000 22832 95840 85479 41951 DUES AND MEMBERSHIP 272443 MEMBERS ENTERTAINMENT 103071 DONATIONS 47045 OTHER EXPENSES 26869 21946 2057581 766369 769890 171614 172525 38188 28064 1966306 931059 1064811 1035247 1977083 1927462 29251 19579 4047316 3952767 55374 53996 68189 58080 123563 112076 X 3923753 3840691 3923753 3840691 4047316 3952767 -82570 -492 0 X X 0 1 X 1 0 0 0 0 1848762 1702212 779992 922220 264094 151067 113027 1035247 OPERATING LEASE LIABILITIES 19579 DUE TO RELATED ENTITIES 38501 58080 X 2019603 -492 45084 44592 1975011 0 1975011 2120520 62939 62939 2057581 0 2057581 PART X, LINE 2: THE LOCAL IS A NONPROFIT ORGANIZATION, AND DOES NOT OPERATE FOR THE PRIMARY PURPOSE OF MAKING A PROFIT. THE ASSETS AND INCOME CANNOT BE DISTRIBUTED TO OR BENEFIT MEMBERS, DIRECTORS, OR OFFICERS. THE LOCAL HAS OBTAINED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE. THE LOCAL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. BROADWAY VERONA CORP, INC. OBTAINED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. 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 AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS THAT MIGHT BE 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 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF SUBSIDAIRY WHICH FILES A FORM 990 45,084. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF SUBSIDIARY WHICH FILES A FORM 990 62,939. X 0 0 0 JOHN M DWYER JR BUSINESS MANAGER/FST 164628 0 0 0 0 0 87954 0 41329 0 293911 0 0 0 JERAMIAH FARMER BUSINESS AGENT 157809 0 0 0 0 0 86620 0 41329 0 285758 0 0 0 STEPHEN SULLIVAN E. BOARD/ORGANIZER 132618 0 0 0 0 0 71618 0 33951 0 238187 0 0 0 DEREK VERGARI PRESIDENT/APP COORD 0 142707 0 0 0 0 0 43659 0 34804 0 221170 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LOCAL UNION HAS REGULAR MEMBERS AND APPRENTICES AND RETIREES. THERE WERE 414 MEMBERS AS OF DECEMBER 31, 2022. ONLY ACTIVE MEMBERS HAVE VOTING RIGHTS. THERE WERE 210 ACTIVE MEMBERS AS OF DECEMBER 31, 2022. FORM 990, PART VI, SECTION A, LINE 7A ALL THE LOCAL 32 ACTIVE MEMBERS HAVE VOTING ELIGIBILITY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS REVIEWED BY AN OFFICER AND APPROVED PRIOR TO ITS FILING AND A COPY OF THE FILED FORM 990 IS MADE AVAILABLE UPON REQUEST TO ANY MEMBER OF THE GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 LOCAL DISCLOSES SUCH INFORMATION ON THE FORM 990, WHICH IS A PUBLIC DOCUMENT. ALL OF THIS INFORMATION IS DISCLOSED IN THE ORGANIZATIONS GOVERNING CONSTITUTION AND BYLAWS. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE EXECUTIVE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. HFIAW LOCAL NO 32 EDUCATION FUND 318 CLEVELAND AVENUE HIGHLAND PARK NJ 089041845 227011355 TO PROVIDE TRAINING THROUGH EDUCATION PROGRAM TO QUALIFIED MEMBERS NJ 501(C)(5) 0 BROADWAY VERONA CORP 318 CLEVELAND AVENUE HIGHLAND PARK NJ 089041845 222087521 TO PROVIDE OFFICE AND EDUCATION FACILITIES NJ 501(C)(2) 0 HFIAW LOCAL NO 32 WELFARE FUND 318 CLEVELAND AVENUE HIGHLAND PARK NJ 089041845 237159212 TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS NJ 501(C)(9) 0 HFIAW LOCAL NO 32 PENSION FUND 318 CLEVELAND AVENUE HIGHLAND PARK NJ 089041845 221715513 TO PROVIDE A PENSION RETIREMENT BENEFIT TO MEMBERS NJ 401(A) 0 HFIAW LOCAL NO 32 ANNUITY FUND 318 CLEVELAND AVENUE HIGHLAND PARK NJ 089041845 222410262 TO PROVIDE AN INDIVIDUAL ANNUITY ACCOUNT TO MEMBERS NJ 401(A) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 BROADWAY VERONA CORP K 51000 ESTIMATED USAGE OF BUILDING