2025-11-06T12:06:27-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 221668940 TEAMSTERS LOCAL UNION NO 408 IB OF T WELFARE FUND TEAM 9089649177 1907 MORRIS AVENUE UNION NJ 070833506 JOSEPH DIPALMA TRUSTEE 9089649177 2025-11-06 1 1 RAYMOND HARGADON CPA P01780635 9082727000 2024 2025-03-06 01:10:19Z JOSEPH DIPALMA 1907 MORRIS AVENUE UNION NJ 070833506 15921591 0 X N/A X 1960 NJ TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS. 5 2 3 0 529219 0 0 0 3218999 3158258 638592 1070617 6511 3463 3864102 4232338 0 0 3616886 2837573 181103 191709 0 0 0 416061 456005 4214050 3485287 -349948 747051 12727013 13367434 494406 62427 12232607 13305007 TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS. 0 0 PROVIDED HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR ELIGIBLE 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 15 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X BOARD OF TRUSTEES 9089649177 1907 MORRIS AVE UNION NJ 07083 JOSEPH DIPALMA TRUSTEE 1.00 40.00 X 0 128427 87903 JOSEPH DILEO TRUSTEE 1.00 40.00 X 0 119757 92075 ROBERT HRYSZKO SR TRUSTEE 1.00 X 0 0 0 ROBERT KLEIN TRUSTEE 1.00 X 0 0 0 THOMAS MISKEWITZ TRUSTEE 1.00 X 0 0 0 ROSALIND TOMEIO FUND MANAGER 40.00 X 57381 55131 64343 57381 303315 244321 0 0 1 0 0 EMPLOYERS' CONTRIBUTIONS 525100 3148113 3148113 MEMBERS' COBRA CONTRIBUTIONS 525100 10145 10145 3158258 529219 529219 12230651 11689253 541398 541398 541398 RENTAL INCOME 525100 2651 2651 OTHER INCOME 525100 812 812 3463 4232338 3161721 529219 541398 2837573 57381 50450 51035 24246 8597 12124 44527 85557 246807 16713 15322 20056 2354 2789 6691 OTHER BENEFIT FEES 3065 3485287 323099 300805 551687 823851 242579 205164 40204 37415 11276381 12205363 535642 0 12727013 13367434 494406 62427 494406 62427 X 0 0 0 0 12232607 13305007 12232607 13305007 12727013 13367434 747051 325349 0 X X 0 1 X 0 0 26585 26585 122330 113098 9232 93664 92066 1598 37415 DUE TO BROKER FOR SECURITIES PURCHASED 51670 DUE TO AFFILIATES 10757 62427 X 4463653 325349 -8477 316872 4146781 85557 85557 4232338 3391253 -8477 -8477 3399730 85557 85557 3485287 PART X, LINE 2: THE PLAN OBTAINED A DETERMINATION LETTER IN WHICH THE INTERNAL REVENUE SERVICE (IRS) STATES THAT THE PLAN, AS DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REAL ESTATE TAX EXPENSE INCLUDED IN NET RENTAL INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: REAL ESTATE TAX EXPENSE INCLUDED IN NET RENTAL INCOME FORM 990, SCHEDULE D, PART XI, LINE 2D & PART XII, LINE 2D REAL ESTATE TAXES ARE INCLUDED IN NET RENTAL LOSS FROM INVESTMENTS. X 0 0 0 JOSEPH DIPALMA TRUSTEE 0 127793 0 0 0 634 0 56736 0 31167 0 216330 0 0 JOSEPH DILEO TRUSTEE 0 119075 0 0 0 682 0 67239 0 24836 0 211832 0 0 ROSALIND TOMEIO FUND MANAGER 57381 55131 0 0 0 0 22246 21374 10569 10154 90196 86659 0 0 FORM 990, PART VI, SECTION A, LINE 2 FUND MANAGER ROSALIND TOMEIO IS THE SISTER OF TRUSTEE JOSEPH DILEO. EMPLOYER TRUSTEE THOMAS MISKEWITZ IS EMPLOYED BY A COMPANY THAT HAS A COLLECTIVE BARGAINING AGREEMENT WITH TEAMSTERS LOCAL UNION NO. 560 (FORMERLY LOCAL UNION NO. 408) IN WHICH UNION TRUSTEES JOSEPH DIPALMA AND JOSEPH DILEO ARE OFFICERS. MEMBERS OF THE LOCAL UNION ARE EMPLOYED BY THE EMPLOYER TRUSTEES' COMPANIES AND THE TERMS AND CONDITIONS OF THAT EMPLOYMENT ARE NEGOTIATED BY THE EMPLOYERS AND THE LOCAL UNION IN THE COLLECTIVE BARGAINING PROCESS. FORM 990, PART VI, SECTION A, LINE 7A UNION TRUSTEES ARE APPOINTED BY THE EXECUTIVE BOARD OF TEAMSTERS LOCAL UNION NO. 560 (FORMERLY TEAMSTERS LOCAL UNION NO. 408). EMPLOYER TRUSTEES ARE SELECTED BY THE EMPLOYERS HAVING COLLECTIVE BARGAINING AGREEMENTS WITH THE LOCAL UNION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY THE FUND'S COUNSEL AT THE REQUEST OF THE TRUSTEES AND INQUIRES WERE MADE OF VARIOUS TRUSTEES AND PERSONNEL. THE BOARD OF TRUSTEES IS THE GOVERNING BODY OF THE FUND AND CONSITS OF ALL OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS AN EMPLOYEE BENEFIT PLAN COVERED BY THE EMPLOYEE RETIREMENT INCOME SECURITY ACT. SECTIONS 404 AND 406 OF THAT ACT PROVIDE THE LEGAL STANDARD AND PROCEDURES WITH REGARD TO CONFLICTS OF INTEREST FOR THE BOARD OF TRUSTEES. THE TRUSTEES HAVE A STATUTORY DUTY UNDER ERISA TO AVOID CONFLICTS AND TO REPORT THEM WHEN THEY OCCUR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART XII, LINE 1 OTHER ACCOUNTING METHOD - MODIFIED CASH TEAMSTERS LOCAL UNION NO 560 707 SUMMIT AVENUE UNION CITY NJ 07087 221337490 VEBA EMPLOYER SPONSORING ORGANIZATION NJ 501(C)(5) N/A N/A 0 TEAMSTERS LOCAL 408 ANNUITY FUND 1907 MORRIS AVENUE UNION NJ 07083 223002089 VEBA EMPLOYER NJ 401(A) N/A N/A 0 TEAMSTERS LOCAL 408 PENSION FUND 1907 MORRIS AVENUE UNION NJ 07083 226172437 VEBA EMPLOYER NJ 401(A) N/A N/A 0 OXFORD CONSTRUCTION SERVICES LLC PO BOX 659 LINDEN NJ 08833 753124677 VEBA CONTRIBUTING EMPLOYER NJ N/A 0 0 ALLIED BUILDING PRODUCTS 15 E UNION AVENUE EAST RUTHERFORD NJ 07073 364173366 VEBA CONTRIBUTING EMPLOYER N/A 0 AMERICAN PILE & FOUNDATION ONE COMMERCE STREET SOMERVILLE NJ 08876 320400145 VEBA CONTRIBUTING EMPLOYER N/A 0 ANSELMI & DECICCO INC 1977 SPRINGFIELD AVE MAPLEWOOD NJ 07040 221618743 VEBA CONTRIBUTING EMPLOYER NJ N/A 0 ATLANTECH DISTRIBUTION INC PO BOX 667547 CHARLOTTE NC 28266 561804478 VEBA CONTRIBUTING EMPLOYER NC N/A C 0 BERTO CONSTRUCTION INC PO BOX 276 RAHWAY NJ 07065 221863748 VEBA CONTRIBUTING EMPLOYER N/A 0 BLUE LINX CORP 4300 WILDWOOD PARKWAY ATLANTA GA 303398440 740627351 VEBA CONTRIBUTING EMPLOYER GA N/A C 0 BONLAND INDUSTRIES INC 50 NEWARK POMPTON TURNPIKE WAYNE NJ 07470 221591400 VEBA CONTRIBUTING EMPLOYER NJ N/A 0 CEMPORT INC 33 LANCE ROAD LEBANON NJ 08833 222769320 VEBA CONTRIBUTING EMPLOYER N/A 0 CHAMPION CONTAINER CORPORATION 180 ESSEX AVENUE EAST AVENEL NJ 07001 221854495 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 COLONIAL CONCRETE COMPANY 1196 MCCARTER HIGHWAY NEWARK NJ 07104 222106400 VEBA CONTRIBUTING EMPLOYER NJ N/A 0 DEVEAU TRUCKING CORPORATION THREE EUCKER STREET RIDGEFIELD PARK NJ 07660 223077837 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 EASTERN CONCRETE MATERIALS INC 475 MARKET ST SUITE 302 ELMWOOD PARK NJ 07407 221521165 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 FERREIRA CONSTRUCTION CO INC 31 TANNERY ROAD BRANCHBURG NJ 08876 223334957 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 HI TECH DATA FLOORS INC 1885 SWARTHMORE AVE LAKEWOOD NJ 08701 222770116 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 JACOBSON & COMPANY INC 1079 E GRAND ST ELIZABETH NJ 072070511 130881070 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 NAPP GRECCO CO 1500 MCCARTER HIGHWAY NEWARK NJ 07104 221735299 VEBA CONTRIBUTING EMPLOYER N/A 0 POWER CONCRETE CO INC 221 CHESTNUT ST NEWARK NJ 07105 222813594 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 RAILROAD CONSTRUCTION CO INC 75-77 GROVE STREET PATERSON NJ 07503 222262466 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 ROMAN ASPHALT CORP 14 OGDEN STREET NEWARK NJ 07104 221912804 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 TILCON NEW YORK INC 625 MT HOPE ROAD WHARTON NJ 07885 061032119 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 VERGONA CRANE CO 180 WEST FOREST AVENUE ENGLEWOOD NJ 07631 222358417 VEBA CONTRIBUTING EMPLOYER NJ N/A 0 WJ CASEY TRUCKING & RIGGING CO INC 25 MEISTER AVE BRANCHBURG NJ 08876 221615266 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 WELDON MATERIALS INC 141 CENTRAL AVE WESTFIELD NJ 07090 222801289 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 WEST ESSEX BUILDING SUPPLY 40 DEPOT ST VERONA NJ 07044 221440934 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 J D'ANNUNZIO & SONS INC 3730 PARK AVE S PLAINFIELD NJ 07080 222403072 VEBA CONTRIBUTING EMPLOYER NJ C 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 TEAMSTERS LOCAL 408 ANNUITY FUND J 2651 CASH TEAMSTERS LOCAL 408 PENSION FUND O 100816 CASH TEAMSTERS LOCAL 408 ANNUITY FUND O 38406 CASH