2024-10-17T10:34:35-05:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 135569067 LABORERS INTERNATIONAL UNION OF NORTH AMERICA 147 LOCAL UNION LABO 7189946664 4332 KATONAH AVENUE BRONX NY 10470 CHRISTOPHER FITZSIMMONS SECRETARY TREASURER 7189946664 2024-10-17 1 1 ROBERT J JANNELLI CPA P00450209 9082727000 2023 2024-10-15 13:58:12Z CHRISTOPHER FITZSIMMONS 4332 KATONAH AVENUE BRONX NY 10470 1631194 0 0121 X WWW.SANDHOGS147.ORG X LOCAL UNION 1883 NY THE LOCAL IS A LABOR ORGANIZATION COVERING SUBSTANTIALLY ALL MEMBERS OF LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 147. 6 0 6 0 0 0 225991 218766 189714 360213 160595 91704 1218 464 577518 671147 0 0 12000 1500 981457 999916 0 0 0 295038 336965 1288495 1338381 -710977 -667234 3688832 3152121 114695 115759 3574137 3036362 TO REPRESENT UNION MEMBERS IN DEALING WITH CONTRACTORS BY SETTLING GRIEVANCES AND NEGOTIATING CONTRACTS. 0 0 TO REPRESENT UNION MEMBERS IN DEALING WITH CONTRACTORS BY SETTLING GRIEVANCES AND NEGOTIATING CONTRACTS. 0 0 0 1 0 0 0 0 0 1 0 0 0 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 1 0 0 1 2 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE LOCAL UNION 7189946664 4332 KATONAH AVENUE BRONX NY 10470 RICHARD T FITZSIMMONS BUSINESS MANAGER 40.00 X 263936 0 263168 CHRISTOPHER FITZSIMMONS SECRETARY TREASURER 40.00 X 170955 32932 205851 JOHN RYAN PRESIDENT 10.00 X 16175 0 6695 RICHARD T FITZSIMMONS JR EXECUTIVE BOARD MEMBER 5.00 X 10520 0 7952 GERARD SCHNELL RECORDING SECRETARY 5.00 X 4800 0 0 ANDREW JOSEPH VICE PRESIDENT 5.00 X 0 0 0 JERAMIAH RIORDAN EXECUTIVE BOARD MEMBER 5.00 X 0 0 0 THOMAS J SMITH SERGEANT AT ARMS 5.00 X 0 26969 7821 466386 59901 491487 2 0 0 0 0 218766 218766 EMPLOYERS' CONTRIBUTIO 230000 360213 360213 360213 81371 81371 970380 960047 10333 10333 10333 OTHER INCOME 230000 464 464 464 671147 360677 0 91704 1500 466386 1921 261133 247737 22739 1000 15000 7906 5100 27590 33608 28981 16883 18762 PER CAPITA 135408 DONATIONS 25085 EQUIPMENT RENTAL 10979 MISCELLANEOUS EXPENSES 7378 3285 1338381 96532 104384 50198 140706 25415 39887 4721 4941 884518 663153 238248 221365 3228572 2601423 45146 39415 3688832 3152121 69342 71049 19239 23925 26114 20785 114695 115759 X 3574137 3036362 3574137 3036362 3688832 3152121 -667234 129459 0 X X 0 1 X 1 0 X 313094 292212 274704 416923 579443 1876376 313094 292212 274704 416923 579443 1876376 0 0 0 1876376 151152 115146 104528 85266 81371 537463 151152 115146 104528 85266 81371 537463 464246 407358 379232 502189 660814 2413839 0.77730 0.73860 0.22270 0.26140 X 1 0 0 125000 99457 25543 698526 503290 195236 56190 55604 586 4802 4802 0 221365 X 800606 129459 129459 671147 0 671147 1338381 0 1338381 0 1338381 PART X, LINE 2: THE LOCAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. 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 SOURCE 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 2023 AND 2022. THE LOCAL HAS FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2020 TO 2023 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE LOCAL IS NOT CURRENTLY UNDER AUDIT NOR HAS LOCAL BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. TUNWORK IS A TAXABLE CORPORATION FOR BOTH FEDERAL AND NEW YORK STATE TAX PURPOSES. HOWEVER, THE LEASE AGREEMENT BETWEEN THE LOCAL AND TUNWORK IS A TRIPLE NET LEASE WHERE THE LOCAL PAYS FOR ALL REAL ESTATE TAXES, BUILDING INSURANCE, AND MAINTENANCE IN ADDITION TO ANY NORMAL FEES THAT ARE EXPECTED UNDER THE AGREEMENT (UTILITIES). IN SUCH A LEASE, THE LOCAL, AS THE TENANT, IS RESPONSIBLE FOR ALL COSTS ASSOCIATED WITH THE REPAIR AND MAINTENANCE OF ANY COMMON AREA. THEREFORE, THERE IS NO TAXABLE INCOME FOR TUNWORK FOR FEDERAL PURPOSES, AND THE ONLY STATE TAXES ARE THE NON INCOME BASED MINIMUM TAXES REQUIRED BY NEW YORK STATE. TUNWORK FILES ITS FORM 1120 IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2020, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. 0 0 0 RICHARD T FITZSIMMONS BUSINESS MANAGER 263936 0 0 0 0 0 148531 0 114637 0 527104 0 0 0 CHRISTOPHER FITZSIMMONS SECRETARY TREASURER 170955 32932 0 0 0 0 100755 16633 73192 15271 344902 64836 0 0 FORM 990, PART VI, SECTION A, LINE 2 RICHARD T. FITZSIMMONS AND CHRISTOPHER FITZSIMMONS ARE BROTHERS. RICHARD T. FITZSIMMONS JR. IS THE SON OF RICHARD T. FITZSIMMONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPRISED OF VARIOUS CLASSES OF UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE UNION MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO A VOTE BY THE LOCAL UNION MEMBERS TO DETERMINE IF IT IS APPROVED. FORM 990, PART VI, SECTION B, LINE 11B THE ORGNIZATION HAS DESIGNATED OFFICERS THAT REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS INCLUDED IN THE CODE OF BEST PRACTICES THAT IS PART OF THE CONSTITUTION BY WHICH OUR ORGANIZATION IS GOVERNED. ANY MEMBER OR EMPLOYEE OF THE ORGANIZATION CAN CONTACT THE LIUNA (AN AFFILIATED ORGANIZATION ALSO GOVERNED BY THE CONSTITUTION)GENERAL PRESIDENT WITH ANY COMPLAINT ARISING UNDER THE CONSTITUTION, THE CODE OF BEST PRACTICES, OR ANY OTHER DISCIPLINARY RULE, REGULATION, PRACTICE, OR PROCDURE ADOPTED BY THE LIUNA GENERAL EXECUTIVE BOARD. THE CODE OF BEST PRACTICES EXPLAINS THE DISCIPLINARY PROCEDURES THAT MUST BE FOLLOWED WHEN NECESSARY AND THE INDEPENDENT OFFICERS WHO ARE ENTRUSTED TO ENFORCE THE CODE. THE U.S. DEPARTMENT OF LABOR REQUIRES ALL NON-CLERICAL EMPLOYEES TO REPORT ON FROM LM-30 POTENTIAL SITUATIONS WHERE THERE MAY BE CONFLICTS OF INTEREST. THIS INFORMATION IS OPEN TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 THE CONSTIUTION (GOVERNING DOCUMENT) AND CODE OF BEST PRACTICES (CONFLICT OF INTEREST POLICY) IS AVAILABLE THROUGH THE UNITED STATES DEPARTMENT OF LABOR, OLMS, ONLINE PUBLIC DISCLOSURE ROOM. THE INFORMATION IS FILED UNDER LABORERS' INTERNATIONAL UNION OF NORTH AMERICA, WHICH FILES THE INFORMATION ON BEHALF OF ALL AFFILIATED ORGANIZATONS. IN ADDITION, OUR ORGANIZATION FILES AN ANNUAL FINANCIAL REPORT WITH THE DEPARTMENT OF LABOR WHICH CAN ALSO BE OBTAINED ON THE ONLINE PUBLIC DISCLOSURE ROOM. FORM 990 PART XII, LINE 2C THE BOARD OF TRUSTEES OVERSEE THE AUDIT OF THE FINANCIAL STATEMENTS. CONSTRUCTION WORKERS LOCAL 147 TRAINING FUND 4332 KATONAH AVE BRONX NY 10470 137237968 TRAINING AND EDUCATION OF UNION MEMBERS NY 501(C)(3) PF N/A 0 CONSTRUCTION WORKERS LOCAL 147 ANNUITY FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 133161716 DEFINED CONTRIBUTION RETIREMENT PLAN NY 401(A) N/A N/A 0 CONSTRUCTION WORKERS LOCAL 147 ADDITIONAL SECURITY BENEFITS FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 133161717 HEALTH AND WELFARE BENEFIT FUND NY 501(C)(9) N/A N/A 0 CONSTRUCTION WORKERS LOCAL 147 RETIREMENT FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 136528181 DEFINED BENEFIT RETIREMENT FUND NY 401(A) N/A N/A 0 CONSTRUCTION WORKERS LOCAL 147 WELFARE FUND 36 HOPATCHUNG ROAD HOPATCONG NJ 07843 136101595 HEALTH AND WELFARE BENEFIT FUND NY 501(C)(9) N/A N/A 0 RICHARD E FITZSIMMONS MEMORIAL WIDOWS AND ORPHANS FUND 4332 KATONAH AVE BRONX NY 10470 261813209 BENEFITS TO WIDOWS AND ORPHANS OF MEMBERS NY 501(C)(9) N/A 0 TUNWORK CORP 4332 KATONAH AVE BRONX NY 10470 133636327 OWNER OF COMMERICAL BUILDING OCCUPIED BY RELATED ENTITIES NY C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 TUNWORK CORPORATION P 8466 PROPORTIONATE SHARE OF COSTS