2024-04-10T14:14:54-05:00 2023-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 100 JERICHO QUADRANGLE SUITE 342 JERICHO NY 11753 990 2022-07-01 111628170 INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 138 WELFARE FUND INTE 6315925725 PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 JOHN DUFFY TRUSTEE 6315925725 2024-04-01 1 JOHN DUFFY 999009999 0 JOSEPH A REINHARDT P00197433 5169313100 2024-04-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 48282555 0 X HTTP://WWW.LOCAL138.COM X WELFARE FUND 1952 NY THE PRIMARY PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL, DEATH, OPTICAL, DENTAL, VACATION AND UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 9 3 4 0 0 0 0 0 42255032 46799033 288811 413829 0 0 42543843 47212862 0 0 37039196 44668806 633845 616658 0 0 0 658258 610434 38331299 45895898 4212544 1316964 28205674 31324545 11661079 13529715 16544595 17794830 THE PRIMARY PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL, DEATH, OPTICAL, DENTAL, VACATION AND UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 0 0 THE PRIMARY PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL,DEATH, OPTICAL, DENTAL, VACATION AND UNEMPLOYMENT BENEFITSTO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 8 0 4 1 0 0 0 0 0 0 0 0 0 0 X 9 3 1 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 1 0 X THE FUND 6316942140 PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 JOHN DUFFY TRUSTEE 2.00 38.00 X X 0 345015 81275 JOHN J DUFFY TRUSTEE 2.00 38.00 X 0 293046 95547 DENNIS ADRIAN TRUSTEE 2.00 38.00 X 0 288237 95547 WILLIAM DUFFY JR CHAIRMAN/ADMINISTRATOR 2.00 38.00 X X 0 290386 96747 JAMES PRATT III TRUSTEE 2.00 4.00 X 0 0 0 JAMES HANEY III TRUSTEE 2.00 4.00 X 0 0 0 MARC HERBST TRUSTEE 2.00 4.00 X 0 0 0 ANTHONY MALIZIA TRUSTEE 2.00 38.00 X 0 293295 95547 VINCENT D RAZZANO APPRENTICE DIRECTOR 2.00 38.00 X 0 234788 77872 STEPHEN BARNETT PLAN ADMINISTRATOR 18.00 22.00 X 0 281211 75948 SHAWN COLES BUSINESS AGENT 0.00 40.00 X 0 288381 95547 CHRISTOPHER DUFFY ANNUITY ADMIN 0.00 40.00 X 0 222714 62585 SCOTT TIERNEY INSTRUCTOR 0.00 40.00 X 0 180888 74758 LISA HARDEN CLAIMS ADMIN 40.00 0.00 X 104128 0 33838 ANNE MCDONNAUGH BOOKKEEPER 38.00 2.00 X 100387 0 33838 204515 2717961 919049 2 0 1 0 BERDON LLP 360 MADISON AVE NEW YORK NY 10017 ACCOUNTING 459507 CST DESIGNS INC 67 FORT SALONGA RD NORTHPORT NY 11768 INFORMATION TECHNOLOGY 289665 2 EMPLOYER CONTRIB. 900099 34886272 34886272 PARTICIPANT CONT 900099 8001989 8001989 PRESCRIPTION REBATES 900099 2181542 2181542 CLAIMS REFUNDS 900099 1079804 1079804 STOP-LOSS REIMBURSEMENTS 900099 649426 649426 46799033 426356 426356 1057166 1069693 -12527 -12527 -12527 47212862 47212862 0 0 44668806 443240 72703 71061 29654 69680 101924 37727 214692 9644 101800 1999 2534 PRINTING & POSTAGE 37872 ACTUARY FEES 29500 AUTO 2651 CONSULTING 411 45895898 13142335 2194517 3378221 17506043 3558272 3134227 126658 317078 86182 74995 9770 11187 6838486 7132615 1151932 1028878 28205674 31324545 613285 883286 11047794 12646429 11661079 13529715 X 0 0 0 0 16544595 17794830 16544595 17794830 28205674 31324545 1316964 -66729 0 X 0 1 X 1 0 86182 74995 11187 11187 CLAIMS INCURRED BUT NOT REPORTED 12606000 DUE TO RELATED ORGANIZATIONS 40429 12646429 X 43197634 -66729 -66729 43264363 37727 3910772 3948499 47212862 40346399 0 40346399 37727 5511772 5549499 45895898 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("GAAP") REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 4B THE FOLLOWING ARE RECLASSIFICATIONS FROM EXPENSES ON THE FINANCIAL STATEMENTS, REPORTED AS REVENUE ON THE FORM 990. 649,426 - STOP-LOSS REIMBURSEMENTS 2,181,542 - PRESCRIPTION REBATES 1,079,804 - CLAIMS REFUNDS 3,910,772 - TOTAL RECLASSIFICATION TO REVENUE FORM 990, SCHEDULE D, PART XII, LINE 4B THE FOLLOWING ARE RECLASSIFICATIONS FROM EXPENSES ON THE FINANCIAL STATEMENTS, REPORTED AS REVENUE ON THE FORM 990. 649,426 - STOP-LOSS REIMBURSEMENTS 2,181,542 - PRESCRIPTION REBATES 1,079,804 - CLAIMS REFUNDS 3,910,772 - TOTAL RECLASSIFICATION TO REVENUE CHANGE IN CLAIMS INCURRED BUT NOT REPORTED (IBNR) AND BENEFITS PAYABLE OF 1,601,000 ARE REPORTED ON THE FORM 990, BUT NOT REPORTED ON THE FINANCIAL STATEMENTS 1,601,000 - CHANGE IN BENEFITS PAYABLE AND IBNR 3,910,772 - RECLASSIFICATION PER ABOVE 5,511,772 - TOTAL REPORTED ON LINE 4B X 0 0 0 JOHN DUFFY TRUSTEE 0 345015 0 0 0 0 0 0 0 81275 0 426290 0 0 ANTHONY MALIZIA TRUSTEE 0 293295 0 0 0 0 0 0 0 95547 0 388842 0 0 JOHN J DUFFY TRUSTEE 0 293046 0 0 0 0 0 0 0 95547 0 388593 0 0 WILLIAM DUFFY JR CHAIRMAN/ADMINISTRATOR 0 290386 0 0 0 0 0 0 0 96747 0 387133 0 0 SHAWN COLES BUSINESS AGENT 0 288381 0 0 0 0 0 0 0 95547 0 383928 0 0 DENNIS ADRIAN TRUSTEE 0 288237 0 0 0 0 0 0 0 95547 0 383784 0 0 STEPHEN BARNETT PLAN ADMINISTRATOR 0 281211 0 0 0 0 0 0 0 75948 0 357159 0 0 VINCENT D RAZZANO APPRENTICE DIRECTOR 0 234788 0 0 0 0 0 0 0 77872 0 312660 0 0 CHRISTOPHER DUFFY ANNUITY ADMIN 0 222714 0 0 0 0 0 0 0 62585 0 285299 0 0 SCOTT TIERNEY INSTRUCTOR 0 180888 0 0 0 0 0 0 0 74758 0 255646 0 0 FORM 990, PART VI, SECTION A, LINE 2 CERTAIN TRUSTEES OF THE FUND ARE DIRECT FAMILY MEMBERS OF OTHER TRUSTEES. THE RELATIONSHIPS ARE AS FOLLOWS: JOHN DUFFY AND WILLIAM DUFFY JR. - UNCLE/NEPHEW JOHN DUFFY AND JOHN J. DUFFY - FATHER/SON WILLIAM DUFFY AND JOHN J. DUFFY - COUSINS FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE TRUSTEES PRIOR TO SIGNATURE AND SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEES COMPENSATION IS SUBJECT TO APPROVAL AND REVIEW BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION RELEASES THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENT UPON FORMAL REQUEST. LOCAL 138 138A & 138B IUOE POLITICAL PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 912088929 POLITCIAL ORG NY 527 N/A IUOE LCL 138 1 138 BOULEVARD BUILDING CORP PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 116010819 TITLE HLDG NY 501(C)(2) N/A IUOE LCL 138 1 IUOE LOCAL 138 APPRENTICESHIP FUND PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 112000172 EDUCATIONAL NY 501(C)(3) LINE 2 N/A 0 LOCAL 138 138A & 138B IUOE ANNUITY FUND PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 112653717 RETIREMENT NY 501(A) N/A N/A 0 LOCAL 138 138A & 138B LEGAL FUND PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 112428038 LEGAL NY 501(C)(9) N/A N/A 0 JAMES DUFFY SR LOCAL 138 SCHOLARSHIP FD PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 116471119 EDUCATIONAL NY 501(C)(3) LINE 10 N/A 0 LOCAL 138 JOINT INDUSTRY ADVANCEMENT PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 421643369 LABOR NY 501(C)(5) N/A N/A 0 IUOE LOCAL 138 UNION PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 110908470 LABOR UNION NY 501(C)(5) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 LOCAL 138 APPRENTICE TRAINING FUND O 229324 ACTUAL PAYMENTS 138 BOULEVARD BUILDING CORP N 101800 ACTUAL PAYMENTS LOCAL 138 ANNUITY FUND Q 269108 ACTUAL PAYMENTS LOCAL 138 APPRENTICE TRAINING FUND Q 257295 ACTUAL PAYMENTS IUOE LOCAL 138 P 63374 ACTUAL PAYMENTS IUOE LOCAL 138 Q 513506 ACTUAL PAYMENTS LOCAL 138 APPRENTICE TRAINING FUND P 84517 ACTUAL PAYMENTS