2025-11-12T12:00:26-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 221305230 STEAMFITTERS LOCAL UNION #475 STEA 9087541030 136 MT BETHEL ROAD PO BOX 4187 WARREN NJ 07060 SHAUN P SULLIVAN BUSINESS MANAGER 9087541030 2025-11-12 1 1 ROBERT J JANNELLI CPA P00450209 9082727000 2024 2025-03-06 01:10:19Z SHAUN P SULLIVAN 136 MT BETHEL ROAD PO BOX 4187 WARREN NJ 07060 3368990 0 X HTTP://WWW.UALOCAL475.ORG/ X LOCAL UNION 1904 NJ TO PROVIDE COLLECTIVE BARGAINING SERVICES 5 0 12 0 0 0 383692 375576 2968687 2678027 113841 91450 102660 223937 3568880 3368990 0 0 0 0 1654850 1605101 0 0 0 1351730 1498937 3006580 3104038 562300 264952 4450189 5828079 131371 1141155 4318818 4686924 THE STEAMFITTERS LOCAL UNION #475 PROTECTS AND PROMOTES THE INTERESTS OF ITS MEMBERS THROUGH COLLECTIVE BARGAINING AGREEMENTS WITH PARTICIPATING EMPLOYERS IN AN ATTEMPT TO PROVIDE BETTER WORKING CONDITIONS FOR ITS MEMBERS. 0 0 THE STEAMFITTERS LOCAL UNION #475 PROTECTS AND PROMOTES THE INTERESTS OF ITS MEMBERS THROUGH COLLECTIVE BARGAINING AGREEMENTS WITH PARTICIPATING EMPLOYERS IN AN ATTEMPT TO PROVIDE BETTER WORKING CONDITIONS FOR ITS MEMBERS. 0 0 0 1 0 0 0 0 0 1 1 0 1 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 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X STEAMFITTERS LOCAL #475 9087541030 136 MT BETHEL RD PO BOX 4187 WARREN NJ 07059 SHAUN SULLIVAN BUSINESS MANAGER/FST 40.00 X 176895 0 172702 THOMAS MANNING BUSINESS AGENT 40.00 X 171356 0 167391 JONATHAN SINNOTT BUSINESS AGENT 40.00 X 171356 0 167397 TIMOTHY MCCONWAY BUSINESS AGENT 40.00 X 171356 0 167534 JEFFREY STIEH PRESIDENT 2.00 X 1692 0 0 JOSEPH DOUGHERTY III RECORDING SECRETARY 2.00 X 1692 0 0 ROBERT DAVID STEVELY III E. BOARD MEMBER 2.00 X 3385 0 0 ANDREW MURPHY E. BOARD MEMBER 2.00 X 3338 0 0 MICHAEL HIGGINS E. BOARD MEMBER 2.00 X 1646 0 0 ANTHONY BALLETTA VICE PRESIDENT 2.00 X 3338 0 0 JEREMY SAVACOOL E. BOARD MEMBER 2.00 X 1692 0 0 707746 0 675024 4 0 1 0 0 375576 375576 WORKING DUES 900099 2051552 2051552 MARKET RECOVERY CONTRI 900099 626475 626475 2678027 91450 91450 MEMBERSHIP EVENT REVEN 900099 170955 170955 INSURANCE REIMBURSEMEN 900099 50357 50357 MISCELLANEOUS INCOME 900099 2625 2625 223937 3368990 2901964 0 91450 1382770 97717 49881 14043 60690 9600 18218 1924 54766 77799 26352 28965 605248 49962 47018 MEMBERSHIP EVENT EXPENS 218718 CONTRIBUTIONS, GIFTS, & 96994 HVAC MARKETING CAMPAIGN 85679 MISCELLANEOUS 61733 115961 3104038 2070532 2368836 429184 202805 276341 226379 1969268 2109586 134048 1123278 4450189 5828079 117901 166348 13470 974807 131371 1141155 X 4318818 4686924 4318818 4686924 4450189 5828079 264952 103154 0 X X 0 1 X 1 0 0 0 0 2427128 41071 22664 18407 179093 110552 68541 209020 69589 139431 226379 PRUDENTIAL CONTRACT 2109586 F 2109586 DEPOSITS 100 MONTHLY DUES RECEIVABLE 40283 WORKING DUES RECEIVABLE 116787 RIGHT OF USE ASSET 966108 1123278 DUE TO PENSION FUND 7619 DUE TO WELFARE FUND 1080 OPERATING LEASE LIABILITY 966108 974807 X 3472144 103154 103154 3368990 0 3368990 3104038 0 3104038 0 3104038 PART X, LINE 2: THE LOCAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(5) OF THE INTERNAL REVENUE CODE. THE EXEMPTION HAS BEEN IN EXISTENCE SINCE 1953. 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 SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS 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 THE YEAR ENDED DECEMBER 31, 2023 AND 2022. THE LOCAL FILES ITS FORM 990 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. X 0 0 0 SHAUN SULLIVAN BUSINESS MANAGER/FST 174679 0 0 0 2216 0 108490 0 64212 0 349597 0 0 0 TIMOTHY MCCONWAY BUSINESS AGENT 170168 0 0 0 1188 0 105333 0 62201 0 338890 0 0 0 JONATHAN SINNOTT BUSINESS AGENT 169618 0 0 0 1738 0 106159 0 61238 0 338753 0 0 0 THOMAS MANNING BUSINESS AGENT 169596 0 0 0 1760 0 117798 0 49593 0 338747 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 STEAMFITTERS LOCAL 475 HAS 1,437 MEMBERS. 1,437 HAVE VOTING ELIGIBILITY. FORM 990, PART VI, SECTION A, LINE 7A LIFE MEMBERS, RETIRED MEMBERS AND JOURNEYMAN MEMBERS HAVE ELIGIBILITY TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS ARE SUBJECT TO THE APPROVAL OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY IS PROVIDED TO AN OFFICER UPON ITS FILING, INFORMATION IS GATHERED BY AUDITORS VIA YEAR END AUDIT FINDINGS WHICH ARE DISCUSSED WITH MANAGEMENT PRIOR TO PREPARATION OF THE 990. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL FURNISH COPY OF FORM 990 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 LOCAL DISCLOSES SUCH INFORMATION ON FORM LM-2(AVAILABLE ON DOL WEBSITE) AND FORM 990,WHICH IS A PUBLIC DOCUMENT. ALL OF THIS INFORMATION IS DISCLOSED IN THE ORGANIZATION'S GOVERNING CONSTITUTION AND BYLAWS. FORM 990, PART XII, LINE 2C THE EXECUTIVE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. STEAMFITTERS LOCAL UNION #475 WELFARE FUND 136 MOUNT BETHEL ROAD WARREN NJ 07059 221516999 PROVIDES HEALTH BENEFITS TO MEMBERS NJ SECTION 501(C)(9) 0 STEAMFITTERS LOCAL UNION #475 PENSION FUND 136 MOUNT BETHEL ROAD WARREN NJ 07059 226029738 PROVIDES PENSION BENEFITS TO MEMBERS NJ SECTION 401(A) 0 STEAMFITTERS LOCAL UNION #475 SURETY FUND 136 MOUNT BETHEL ROAD WARREN NJ 07059 222351695 PROVIDES ANNUITY BENEFITS TO MEMBERS NJ SECTION 401(A) 0 STEAMFITTERS LOCAL UNION #475 EDUCATION FUND 136 MOUNT BETHEL ROAD WARREN NJ 07059 226033161 PROVIDES TRAINING AND EDUCATION TO MEMBERS NJ SECTION 501(C)(3) 0 STEAMFITTERS LOCAL UNION #475 VACATION FUND 136 MOUNT BETHEL ROAD WARREN NJ 07059 222351279 PROVIDES VACATION BENEFITS TO MEMBERS NJ SECTION 501(C)(9) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 STEAMFITTERS LOCAL UNION #475 PENSION FUND K 55200 ESTIMATED USAGE OF BUILDING STEAMFITTERS LOCAL UNION #475 PENSION FUND P 25649 SHARE OF ALLOCATED COST STEAMFITTERS LOCAL UNION #475 WELFARE FUND P 2096 SHARE OF ALLOCATED COST