2025-11-12T10:23:46-08:00 2024-12-31 451621265 TED SOILEAU CPA LLC 429 GOVERNMENT ST FL 2 BATON ROUGE LA 70802 990 2024-01-01 720782786 INTERNATIONAL ASSOCIATION OF HEAT & 53 A INTE 5044689654 2001 VETERANS BLVD STE 201 KENNER LA 70062 KRISTOPHER COMEAUX Trustee 2025-11-12 true true Ted A Soileau P00852991 2257667910 2024 2025-03-06 01:10:19Z KRISTOPHER COMEAUX 2001 VETERANS BLVD STE 201 KENNER LA 70062 227422 false X N/A X 1976 LA TO PROVIDE INSULATION TRAINING TO MEMBERS AND APPRENTICES BY TRAINED FACULTY TEACHING AN APPROVED CURRICULUM. 6 6 11 5 0 19557 16678 168305 199586 5243 8223 279 2935 193384 227422 0 0 112208 103271 0 0 127823 109546 240031 212817 -46647 14605 271897 287097 900 1495 270997 285602 TO PROVIDE INSULATION TRAINING TO MEMBERS AND APPRENTICES BY TRAINED FACULTY TEACHING AN APPROVED CURRICULUM. false false 162015 227422 THE FUND RECEIVES COMTRIBUTIONS FROM PARTICIPATING CONTRACTORS UNDER A COLLECTIVE - BARGAINING AGREEMENT ON BEHALF OF MEMBERS OF THE LOCAL UNION BASED ON HOURS OF COVERED EMPLOYEMENT. THE FUNDS ARE USED TO PROVIDE TRAINING TO MEMBERS AND APPRENTICES. 162015 true true false false false false false false false false true false false false false true true false 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 false true false true 0 0 true 11 true false false false false false false false 0 false false false false false false false X 6 6 false false false false true true false true true false false true true true true true true false false false X GARRETT GIGLIO 5044689654 2001 VETERANS BLVD STE 201 KENNER LA 70062 X GARRETT F GIGLIO TRAINING DIRECTOR 40.00 0.00 57536 0 24881 SCOTT EPTON Trustee 5.00 0.00 X 0 0 0 JOHNNY MATTO Trustee 1.00 0.00 X 0 0 0 KIRK ROUSSEL Trustee 1.00 0.00 X 0 0 0 KRISTOPHER COMEAUX Trustee 1.00 0.00 X 0 0 0 ROBERT SHEPARD Trustee 1.00 0.00 X 0 0 0 FREDDIE HOGGATT Trustee 0.00 0.00 X 0 0 0 57536 24881 0 false false false 0 16678 16678 CONTRACTOR CONTRIBUTIONS 561000 190473 190473 REIMBURSEMENT 561000 9113 9113 199586 8223 8223 0 0 0 0 0 0 0 MISC. INCOME 561000 2935 2935 2935 227422 202521 8223 0 0 0 0 57536 57536 0 2967 2967 17561 17561 25207 25207 0 0 0 9778 9778 0 0 0 0 3862 3862 8197 8197 0 0 16335 16335 0 0 17840 17840 0 0 9126 9126 3504 3504 TRAINING EXP 33888 33888 MAINTENANCE 5302 5302 TOOLS 1228 1228 UTILITIES 428 428 58 58 212817 162015 50802 0 164 74028 212350 162732 0 13756 13835 0 0 0 0 0 151247 114745 45627 36502 0 0 0 0 0 271897 287097 900 1495 900 1495 X 270997 285602 270997 285602 271897 287097 14605 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93756 57254 36502 57491 57491 36502 X 227422 227422 227422 212817 212817 212817 Part X : FIN48 Footnote PART X - FIN 48 FOOTNOTE ACCOUNTING FOR THE UNCERTAINTY OF TAX POSITIONS CAN IMPACT THE FINANCIAL STATEMENTS. EVEN THOUGH THE FUND IS EXEMPT FROM INCOME TAXES, THE FUND MUST STILL CONSIDER WHETHER ITS EXEMPT INCOME AND OTHER ACTIVITIES OF THE FUND MIGHT BE DETERMINED TO BE UNRELATED BUSINESS INCOME, AND WHETHER THE FUND HAS PROPERLY MAINTAINED ITS TAX EXEMPT STATUS. FASB ASC 740 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 BOARD OF TRUSTEES HAS ADOPTED THE PROVISIONS OF FASB ASC FIN 48 EFFECTIVE DECEMBER 31, 2008. THE ACCOUNTING FOR ALL MATERIAL POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ANY INCOME TAX RETURN IS GOVERNED BY FASB ASC 740 FIN 48. INCOME TAX RETURN INCLUDE THOSE POSITIONS THAT WERE FILED OR THAT SHOULD HAVE BEEN FILED WITH FEDERAL TAXING AUTHORITIES. IT IS THE BOARD OF TRUSTEES POLICY TO ASSESS ALL MATERIAL POSITIONS TAKEN ON ANY FEDERAL INCOME TAX RETURN. THE BOARD 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 DISCLOSURE REQUIRED. THE REQUIREMENT WILL APPLY TO NOT ONLY THE CURRENT REPORTING YEAR BUT ALSO THE ALL PRIOR OPEN REPORTING YEARS THAT COULD STILL BE SUBJECT TO EXAMINATION BY A TAXING AUTHORITY. THE BOARD OF TRUSTEES HAS DETERMINED THAT ANY MATERIAL UNCERTAIN TAX POSTIONS THAT ARE PRESENTED TO THE BOARD OF TRUSTEES WILL BE RECOGNIZED AND MEASURED USING A MORE-LIKELY-THAN-NOT, MLTN THRESHOLD. THE MLTN THRESHOLD MEANS THAT 1. A BENEFIT RELATED TO AN UNCERTIAN TAX POSTION MAY NOT BE RECOGNIZED IN THE FINANCIAL STATEMENTS UNLESS IT IS MLTN THAT THE POSITION WILL BE SUBSTAINED BASED ON ITS TECHNICAL MERITS, AND 2. THERE MUST BE MORE THAN A 50 LIKELIHOOD THAT THE POSITION WOULD BE SUBSTAINED IF CHALLENGED AND CONSIDERED BY THE HIGHEST COURT IN THE RELEVANT JURISDICTION. MEASUREMENT OF ANY UNCERTAIN TAX POSITION WILL REQUIRE CALCULATING THE CUMULATIVE PROBABILTY 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 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 POSTIONS MUST BE REASSESSED, AS OF EACH YEAR END ANY UNRESOLVED UNCERTAIN TAX POSITIONS MUST BE REASSESSED, AND THE TRUSTEES MUST DETERMINE WHETHER 1. THE FACTORS UNDERLYING THE SUSTAINABILITY HAVE CHANGED AND 2. THE AMOUNT OF THE RECOGNIZED TAX BENEFIT IS STILL APPROPRIATE. DEVELOPMENTS SUCH AS CASE LAW, CHANGES IN TAX LAW, NEW RULINGS OR REGULATIONS ISSUED BY TAXING AUTHORITIES, COULD AFFECT WHETHER A TAX POSITION SHOULD BE RECOGNIZED OR THE AMOUNT THAT SHOULD BE REPORTED. THE FUND WILL BE REQUIRED TO ACCRUE INTEREST AND PENALTIES THAT, UNDER PRESENT TAX LAW, THE FUND WOULD INCUR IF THE UNCERTAIN TAX POSITION ULTIMATELY WERE NOT SUSTAINED. FOR THE YEAR ENDING DECEMBER 31, 2024, NO UNCERTAIN TAX POSITIONS WERE DETERMINED TO EXIST. true true true false false true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized NEWSPAPER ADS PLACED IN LOCAL NEWSPAPER PUBLICATIONS AND RADIO ADS ALSO DISCLOSE NON DISCRIMINATION POLICY. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained NO SCHOLARSHIPS OFFERED TO ANY STUDENTS. NO TRACKING OF STUDENTS BY RACE OR BY SEX. Schedule E, Line 5 - Explanation of Organization Discrimination by Race Form 990, Part VI, Section B, Line 11b A CERTIFIED PUBLIC ACCOUNTING FIRM IS RETAINED TO PREPARE THE ANNUAL FORM 990. THE CPA FIRM PROVIDES A COPY OF THE COMPLETED FORM TO THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE TRAINING DIRECTOR FOR THEIR REVIEW AND APPROVAL. Form 990, Part VI, Section C, Line 19 OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE THE IRS FORM 990 WILL BE MADE AVAILABLE UPON WRITTEN REQUEST TO FUND MANAGEMENT. FORM 990, PART VI, LINE 12C -EXPLANATION OF MONITORING AND ENFORCE THE BOARD OF TRUSTEES MEETS PERIODICALLY TO ADDRESS POLICY ISSUES, TRAINING DIRECTOR REPORT AND MANAGEMENT FINANCIAL REPORT. DURING THESE MEETINGS ANY ISSUES IMPACTING CONFLICT OF INTEREST OR PROHIBITIVE TRANSACTIONS WILL BE ADDRESSED BY THE FULL BOARD OF TRUSTEES AND ACTED UPON. FORM 990, PART VI, LINE 6 EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDER THE ORGANIZATION CONSISTS OF MEMBERS WHO ARE ELIGIBLE UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENTS IN FORCE BETWEEN LOCAL 53 UNION HALL AND AFFILIATED FRINGE BENEFIT FUNDS AND THE PARTICIPATING EMPLOYERS WHO EMPLOY THOSE MEMBERS. FORM 990,PART VI, LINE 7A HOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING BODY THE GOVERNING BODY IS A BOARD OF TRUSTEES WHO OPERATE THE FUND IN ACCORDANCE WITH THE REQUIREMENTS OF A MULTI-EMPLOYER PLAN UNDER BOTH ERISA AND THE TAFT-HARTLEY ACT. THE TRUST AGREEMENT UNDER WHICH THE FUND WAS CREATED AND OPERATES, PROVIDES FOR APPOINTMENT OF BOTH EMPLOYER AND UNION TRUSTEES. THE EMPLOYER TRUSTEES ARE SELECTED BY THE EXISTING EMPLOYER TRUSTEES AND THE UNION TRUSTEES ARE ELECTED BY THE MEMBERSHIP OF THE LOCAL. IT IS THE DUTY OF THE BOARD OF TRUSTEES TO OVERSEE OPERATIONS OF THE FUND, SETTING POLICIES AND PROCEDURES FOR TRAINING CURRICULUM AND OTHER TRAINING BENEFITS TO PARTICIPANTS WHO WORK UNDER TERMS OF THE COLLECTIVE BARGAINING AGREEMENTS. PART IV, 34, 35A, 35B BOTH ENTITIES LISTED SCHEDULE R PART II, ASBESTOS WORKERS LOCAL 53, FID 72-0184645 AND INSULATORS LOCAL 53 PENSION FUND FID 72-0542804, ARE LISTED OUT OF AN ABUNDANCE OF CAUTION FOR DISCLOSURE PURPOSES ONLY. NEITHER ENTITY MEETS THE RELATED PARTY DISCLOSURE REQUIREMENTS FOR THIS FORM. HOWEVER, ASBESTOS WORKERS LOCAL 53 IS THE SPONSORING ENTITY FOR THE CREATION OF THIS ENTITY. THIS ENTITY NEGOTIATES ALL COLLECTIVE BARGAINING AGREEMENTS THAT DIRECTLY IMPACT THE FUNDING OF THIS ENTITY. THERE IS NO COMMON TRUSTEE CONTROL, I.E. GREATER THAN 50, BY ANY GROUP OF TRUSTEES ON THIS FUND. THE OFFICERS AND TRUSTEES OF THE OTHER TWO ENTITIES ARE NOT THE SAME AS FOR THIS FUND. SOME OFFICERS OF THIS ENTITY ARE ALSO OFFICER/TRUSTEES OF THE OTHER 2 REPORTING ENTITES. ASBESTOS WORKERS LOCAL 53 2001 VETERANS BLVS SUTIE 200 KENNER LA 70062 720184645 PLAN SPONSOR LA 501 C 5 NO NO false INSULATORS LOCAL 53 PENSION FUND 2001 VETERANS BLVD SUITE 200 KENNER LA 70062 720542804 BENEFIT PLAN LA 501 C 9 NO NO false INSULATORS LOCAL NO 53 WELFARE FUND 2001 VETERAN BLVD 201 KENNER LA 70062 720455641 BENEFIT PLAN LA 501 C 9 NO NO false false false false false false false false false false false true false false false false true false false false ASBESTOS WORKERS LOCAL 53 p 33888 COST INSULATORS LOCAL 53 PENSION FUND k 16335 COST