2025-11-14T13:11:37-06:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 221337490 INT'L BROTHERHOOD OF TEAMSTERS LOCAL NO 560 INTL 2018640051 303 MOLNAR DRIVE ELMWOOD PARK NJ 07407 JOSEPH DIPALMA PRESIDENT 2018640051 2025-11-14 1 1 RAYMOND HARGADON CPA P01780635 9082727000 2024 2025-03-06 01:10:19Z JOSEPH DIPALMA 303 MOLNAR DRIVE ELMWOOD PARK NJ 07407 2195291 0 0320 X N/A X 1911 NJ ORGANIZATION AND REPRESENTATION OF WORKERS. 7 0 11 0 0 0 2153148 2090243 0 0 -12961 9204 59477 95844 2199664 2195291 0 0 0 0 1436276 1689600 0 0 0 862460 893916 2298736 2583516 -99072 -388225 511260 3154030 45811 33640 465449 3120390 ORGANIZATION AND REPRESENTATION OF WORKERS. 0 0 REPRESENTATION OF MEMBERS IN THE COLLECTIVE BARGAINING PROCESS. 0 0 0 1 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 6 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 0 0 0 X LOUIS RODRIGUEZ 2018640051 303 MOLNAR DRIVE ELMWOOD PARK NJ 07407 JOSEPH DIPALMA PRESIDENT 40.00 X 128427 0 87903 LOUIS RODRIGUEZ SECRETARY-TREASURER 40.00 X 123368 0 83188 JOSEPH DILEO VICE PRESIDENT 40.00 X 119757 0 92075 NICHOLAS JAYME TRUSTEE 40.00 X 118864 0 82204 ALFELIX PEREZ RECORDING SECRETARY 40.00 X 118827 0 105234 JOHN TIEDMANN TRUSTEE 40.00 X 118784 0 85732 VINCENT LATERZA TRUSTEE 5.00 X 371 0 93 728398 0 536429 6 0 1 0 PAUL A MONTALBANO ESQ LLC 669 RIVER DRIVE SUITE 125 ELMWOOD PARK NJ 07407 LEGAL 112371 1 2090243 2090243 9204 9204 OTHER INCOME 900099 95844 95844 95844 2195291 95844 0 9204 728398 184321 453194 258604 65083 122177 15000 4924 52528 98645 12349 477998 21215 16068 EQUIPMENT RENTAL & MAIN 37858 CONTRIBUTIONS 17390 MISCELLANEOUS 12361 REFUNDS - DUES & INITIA 1955 3448 2583516 109236 68107 102004 106457 273585 189271 67261 84314 213485 218266 19274 0 0 2676886 511260 3154030 45811 33640 45811 33640 X 340449 2995390 125000 125000 465449 3120390 511260 3154030 X -388225 30 3043136 X 0 1 X 0 0 1 1 0 50863 11797 39066 222722 177474 45248 84314 DUE FROM 303 MOLNAR CORP 2676886 2676886 X PART X, LINE 2: THE LOCAL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE. THE SUBSIDIARIES, LOCAL 560 IBT 303 MOLNAR REALTY CORP. & LOCAL 560 BUILDING CORP, ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THE LOCAL 560/478 MERGER, LLC IS CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. 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. THE LOCAL, SUBSIDIARIES, AND LLC HAVE FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2021 TO 2024 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE LOCAL, SUBSIDIARIES, AND LLC ARE NOT CURRENTLY UNDER AUDIT NOR HAS LOCAL, SUBSIDIARY, AND LLC BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. 0 0 0 ALFELIX PEREZ RECORDING SECRETARY 118700 0 0 0 127 0 74067 0 31167 0 224061 0 0 0 JOSEPH DIPALMA PRESIDENT 127793 0 0 0 634 0 56736 0 31167 0 216330 0 0 0 JOSEPH DILEO VICE PRESIDENT 119075 0 0 0 682 0 67239 0 24836 0 211832 0 0 0 LOUIS RODRIGUEZ SECRETARY-TREASURER 123069 0 0 0 299 0 52021 0 31167 0 206556 0 0 0 JOHN TIEDMANN TRUSTEE 118700 0 0 0 84 0 54565 0 31167 0 204516 0 0 0 NICHOLAS JAYME TRUSTEE 118775 0 0 0 89 0 51037 0 31167 0 201068 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LOCAL UNION CONSISTS OF MEMBERS EMPLOYED UNDER COLLECTIVE BARGAINING AGREEMENTS IN WHICH THE LOCAL UNION IS A PARTY. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS IN GOOD STANDING ARE ELIGBLE TO VOTE IN THE ELECTION OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE EXECUTIVE BOARD, INCLUDING AMENDMENTS TO THE LOCAL UNION'S BY-LAWS, ARE SUBJECT TO APPROVAL BY THE GENERAL MEMBERSHIP AND/OR THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS GENERAL EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY EACH OF THE MEMBERS OF THE EXECUTIVE BOARD. THE EXECUTIVE BOARD IS THE GOVERNING BODY OF THE LOCAL UNION AND CONSISTS OF ALL OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED REPORTS, RECORDS, AND DOCUMENTS ARE MADE AVAILABLE AT THE LOCAL'S OFFICES UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER FROM AFFILIATE 3,043,136. LOCAL 560478 MERGER LLC 707 SUMMIT AVENUE UNION CITY NJ 07087 830492807 EMPLOY FORMER LOCAL 478 EMPLOYEES NJ N/A LOCAL 560 BUILDING CORPORATION 707 SUMMIT AVENUE UNION CITY NJ 07087 223272489 HOLD & OPERATE BUILDING FOR TAX-EXEMPT ORGANIZATION NJ 501(C)(2) N/A 0 LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION 303 MOLNAR DRIVE ELMWOOD PARK NJ 07407 923384096 HOLD & OPERATE BUILDING FOR TAX-EXEMPT ORGANIZATION NJ 501(C)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 LOCAL 560 BUILDING CORPORATION S 3043136 CASH LOCAL 560 BUILDING CORPORATION N 0 N/A LOCAL 560 IBT 303 MOLNAR REALTY CORPORATION N 0 N/A