2026-04-02T19:27:47-05:00 2025-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 100 JERICHO QUADRANGLE SUITE 342 JERICHO NY 11753 990 2024-07-01 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 2026-03-25 1 0 JOSEPH A REINHARDT P00197433 5169313100 2026-03-25 2024 2025-03-06 01:10:19Z PO BOX 206 137 GAZZA BLVD FARMINGDALE NY 11735 57752035 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. 10 3 4 0 0 0 0 0 46631661 55166822 1058037 1196996 507783 429571 48197481 56793389 0 0 45662989 53767462 621905 708228 0 0 0 1118920 1161374 47403814 55637064 793667 1156325 33102444 39227867 14347645 19036635 18754799 20191232 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 7 0 4 1 0 0 0 0 0 0 0 0 0 0 X 10 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 368041 79044 JOHN J DUFFY TRUSTEE 2.00 38.00 X 0 320015 94344 DENNIS ADRIAN TRUSTEE 2.00 38.00 X 0 309169 94469 WILLIAM DUFFY JR CHAIRMAN/ADMINISTRATOR 2.00 38.00 X X 0 317590 95544 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 322512 94344 VINCENT D RAZZANO APPRENTICE DIRECTOR 2.00 38.00 X 0 252236 75634 SHAWN COLES TRUSTEE 0.00 40.00 X 0 322468 94344 STEPHEN BARNETT PLAN ADMINISTRATOR 18.00 22.00 X 0 308471 79068 CHRISTOPHER DUFFY ANNUITY ADMIN 0.00 40.00 X 0 307211 63676 SCOTT TIERNEY INSTRUCTOR 0.00 40.00 X 0 195964 75940 LISA HARDEN CLAIMS ADMIN 40.00 0.00 X 111493 0 38080 ANNE MCDONNAUGH BOOKKEEPER 38.00 2.00 X 107550 0 34653 ENRIQUE GUZMAN ORGANIZER 0.00 40.00 X 0 214383 79308 219043 3238060 998448 2 0 1 0 CITRIN COOPERMAN ADVISORS LLC 50 ROCKFELLER PLAZA NEW YORK NY 10020 TAX & ADVISORY AND PAYROLL AUDIT SERVICE 512326 CST DESIGNS INC 67 FORT SALONGA RD NORTHPORT NY 11768 INFORMATION TECHNOLOGY 412394 KMR SYSTEMS 6800 W JERICHO TURNPIKE 120W SYOSSET NY 11791 INFORMATION TECHNOLOGY 123500 3 EMPLOYER CONTRIB. 900099 37492415 37492415 PARTICIPANT CONT 900099 11611116 11611116 PRESCRIPTION REBATES 900099 3312649 3312649 STOP-LOSS REIMBURSEMENTS 900099 2750642 2750642 55166822 1174722 1174722 980920 958646 22274 22274 22274 PAYROLL AUDIT REIMBURSEMENT 900099 429571 429571 429571 56793389 56793389 0 0 53767462 513783 82540 75301 36604 71052 560776 36377 284581 8908 101800 3456 5041 PRINTING & POSTAGE 45362 ACTUARY FEES 30000 CONSULTING 11425 AUTO 2596 55637064 2063673 6706020 18322607 19607195 3648295 4432611 181965 201551 101692 83757 10823 17935 7448226 7656891 1426855 605664 33102444 39227867 652527 490304 13695118 18546331 14347645 19036635 X 0 0 0 0 18754799 20191232 18754799 20191232 33102444 39227867 1156325 280108 0 X 0 1 X 1 0 101692 83757 17935 17935 CLAIMS INCURRED BUT NOT REPORTED 18545000 DUE TO RELATED ORGANIZATIONS 1331 18546331 X 50544258 280108 280108 50264150 36377 6492862 6529239 56793389 44222825 0 44222825 36377 11377862 11414239 55637064 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, 2025, 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. 2,750,642 - STOP-LOSS REIMBURSEMENTS 3,312,649 - PRESCRIPTION REBATES 429,571 - PAYROLL AUDIT REIMBURSEMENTS 6,492,862 - 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. 2,750,642 - STOP-LOSS REIMBURSEMENTS 3,312,649 - PRESCRIPTION REBATES 429,571 - PAYROLL AUDIT REIMBURSEMENTS 6,492,862 - TOTAL RECLASSIFICATION TO REVENUE CHANGE IN CLAIMS INCURRED BUT NOT REPORTED (IBNR) AND BENEFITS PAYABLE OF 4,885,000 ARE REPORTED ON THE FORM 990, BUT NOT REPORTED ON THE FINANCIAL STATEMENTS 4,885,000 - CHANGE IN CLAIMS PAYABLE AND IBNR 6,492,862 - RECLASSIFICATION PER ABOVE 11,377,862 - TOTAL REPORTED ON LINE 4B X 0 0 0 JOHN DUFFY TRUSTEE 0 368041 0 0 0 0 0 0 0 79044 0 447085 0 0 ANTHONY MALIZIA TRUSTEE 0 322512 0 0 0 0 0 0 0 94344 0 416856 0 0 SHAWN COLES TRUSTEE 0 322468 0 0 0 0 0 0 0 94344 0 416812 0 0 JOHN J DUFFY TRUSTEE 0 320015 0 0 0 0 0 0 0 94344 0 414359 0 0 WILLIAM DUFFY JR CHAIRMAN/ADMINISTRATOR 0 317590 0 0 0 0 0 0 0 95544 0 413134 0 0 DENNIS ADRIAN TRUSTEE 0 309169 0 0 0 0 0 0 0 94469 0 403638 0 0 STEPHEN BARNETT PLAN ADMINISTRATOR 0 308471 0 0 0 0 0 0 0 79068 0 387539 0 0 CHRISTOPHER DUFFY ANNUITY ADMIN 0 307211 0 0 0 0 0 0 0 63676 0 370887 0 0 VINCENT D RAZZANO APPRENTICE DIRECTOR 0 252236 0 0 0 0 0 0 0 75634 0 327870 0 0 ENRIQUE GUZMAN ORGANIZER 0 214383 0 0 0 0 0 0 0 79308 0 293691 0 0 SCOTT TIERNEY INSTRUCTOR 0 195964 0 0 0 0 0 0 0 75940 0 271904 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 254632 ACTUAL PAYMENTS 138 BOULEVARD BUILDING CORP N 101800 ACTUAL PAYMENTS LOCAL 138 ANNUITY FUND Q 311576 ACTUAL PAYMENTS LOCAL 138 APPRENTICE TRAINING FUND Q 75244 ACTUAL PAYMENTS IUOE LOCAL 138 P 93194 ACTUAL PAYMENTS IUOE LOCAL 138 Q 584594 ACTUAL PAYMENTS LOCAL 138 APPRENTICE TRAINING FUND P 125576 ACTUAL PAYMENTS IUOE LOCAL 138 O 51916 ACTUAL PAYMENTS LOCAL 138 ANNUITY FUND P 55787 ACTUAL PAYMENTS