2025-09-05T12:03:51-07:00 2024-10-31 341638235 Yurchyk & Davis CPA's Inc 3701 Boardman-Canfield Rd 2 Canfield OH 44406 990 2023-11-01 346573626 CANTON ELECTRICAL WELFARE FUND CANT 3302700453 3660 STUTZ DRIVE CANFIELD OH 44406 CURT MOORE TRUSTEE 3302700453 2025-09-05 true true DAVID A EYSTER CPA CMA P00031027 3305335000 2025-09-05 2023 2025-03-06 01:10:19Z CURT MOORE 3660 STUTZ DRIVE SUITE 101 CANFIELD OH 44406 23771753 false X N/A X 1965 OH TO PROVIDE MEDICAL, VISION, DENTAL, DISABILITY, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF IBEW 540 AND THEIR FAMILIES. 8 8 23 0 0 0 0 10281625 10755420 519080 445376 30 35796 10800735 11236592 0 7708964 11450364 7923 13922 0 0 1634616 1841169 9351503 13305455 1449232 -2068863 21297425 21619699 289862 500008 21007563 21119691 TO PROVIDE MEDICAL, VISION, DENTAL, DISABILITY, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF IBEW 540 AND THEIR FAMILIES. false false THE ORGANIZATION PROVIDES MEDICAL, VISION, DENTAL, LIFE INSURANCE, AN ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO ELIGIBLE MEMBERS OF THE IBEW LOCAL UNION 540 AND THEIR MEMBERS. false false false false false false false false false false false false false true true 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 false false false true 0 0 23 true false false false false false false X 8 8 false false false false false false false true true false false true true true true true true false true false X BENESYS INC 3302700453 3660 STUTZ DRIVE SUITE 101 CANFIELD OH 44406 X ERIK HANN TRUSTEE 1.00 X 0 0 0 BRENT FATZINGER TRUSTEE 1.00 X 0 0 0 CURT MOORE TRUSTEE 1.00 X 0 0 0 MITCH NEISEL TRUSTEE 1.00 X 2535 0 0 JAMES DECKERT TRUSTEE 1.00 X 0 0 0 JOHN SCOTT TRUSTEE 1.00 X 0 0 0 PHILIP WILLIAMS TRUSTEE 1.00 X 0 0 0 NATHAN POWELL TRUSTEE 1.00 X 0 0 0 2535 0 0 false false false EMPLOYER CONTRIBUTIONS 525100 7837920 0 0 PARTICIPANT CONTRIBUTIONS 525100 1142898 0 0 OFFICE AND SALARY 525100 1774602 0 0 10755420 577140 0 577140 12403397 12535161 -131764 -131764 -131764 0 0 OTHER 525100 35796 35796 0 0 35796 11236592 10659452 0 577140 11450364 0 2535 0 0 0 11387 0 0 0 105738 0 0 0 42992 0 0 0 21400 0 0 0 9500 0 0 0 843174 0 0 0 13395 0 0 0 783295 0 0 0 POSTAGE AND PRNTING EXPENSE 16947 0 0 0 RECIPROCITY EXPENSE 2480 0 0 0 MISCELLANEOUS EXPENSE 2248 0 0 0 13305455 0 0 0 3137269 2355941 80974 157778 1299366 1404910 19988 35538 16759828 17665532 21297425 21619699 159889 251996 129973 248012 289862 500008 X 21007563 21119691 21007563 21119691 21297425 21619699 -2068863 2180991 X false true X true false CONTRIBUTIONS RECEIVED FOR FUTURE BENEFITS 79143 PAYROLL TAXES WITHHELD 1369 HEALTH REIMBURSEMENT ACCOUNT 167500 248012 X 14779359 2180991 1371276 3552267 11227092 9500 9500 11236592 14667231 1371276 1371276 13295955 9500 9500 13305455 Pt X, Line 2 The Trust established under the Plan to hold the Plans net assets is qualified pursuant to Section (501)(c)(9) of the Internal Revenue Code and, accordingly, the Trusts net investment income is exempt from income taxes. The Sponsor believes that the Plan, as amended, continues to qualify and to operate as designed. The Plan has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Plan has analyzed tax positions taken for filing with the Internal Revenue Service. The Plan believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Plans financial condition, results of operations or cash flows. Accordingly, the Plan has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at October 31, 2024. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Pt XI, Line 2d REFUNDS FROM BENEFITS PAID. Pt XII, Line 2d REFUNDS FROM BENEFITS PAID. Pt XI, Line 4b INVESTMENT EXPENSES. Pt XII, Line 4b INVESTMENT EXPENSES. Pt VI, Line 11b THE FORM 990 WAS REVIEWED BY ALL TRUSTEES OF THE BOARD AT THE QUARTERLY BOARD MEETING AND WAS AUTHORIZED TO BE SIGNED. Pt VI, Line 12c TRUSTEES DISCLOSE ANY CONFLICT OF INTEREST POLICY. Pt VI, Line 15b TRUSTEES ARE REIMBURSED WAGES FOR THEIR TIME AT THE QUARTERLY BOARD MEETING, IF THE MEETING IS HELD DURING NORMAL BUSINESS HOURS. Pt VI, Line 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE FUND OFFICE.