Form 990, Part VI, Section A, Line 6
“Collectively bargained multiemployer plan for members and retirees of local 17 smw”
990 • Fiscal year 2015 • EIN 04-2088633
Scores are not available for this record yet.
Assets
Flat$53,774,041
Flat from 2015
Net Assets
Flat$49,141,212
Flat from 2015
Liabilities
Flat$4,632,829
Flat from 2015
Revenue
Flat$32,291,375
Flat from 2015
Expenses
Flat$29,046,287
Flat from 2015
Net Income
Flat$3,245,088
Flat from 2015
To provide health and welfare benefits to eligible participants
To provide health benefits for eligible participants
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $49,859,863 | $49,141,212 | ▼ $718,651 |
| Investments Other Securities | $22,658,406 | $24,004,862 | ▲ $1,346,456 |
| Investments in Publicly Traded Securities | $23,535,537 | $21,607,616 | ▼ $1,927,921 |
| Accounts Receivable | $4,870,570 | $4,728,138 | ▼ $142,432 |
| Land, Buildings, and Equipment, Net | $680,730 | $651,274 | ▼ $29,456 |
| Savings and Temporary Cash Investments | $1,058,371 | $547,165 | ▼ $511,206 |
| Prepaid Expenses and Deferred Charges | $32,540 | $21,711 | ▼ $10,829 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $54,892,611 | $53,774,041 | ▼ $1,118,570 |
| Other Assets Total | $2,056,457 | $2,213,275 | ▲ $156,818 |
| Liabilities | |||
| Other Liabilities | $4,519,853 | $4,324,695 | ▼ $195,158 |
| Accounts Payable and Accrued Expenses | $512,895 | $308,134 | ▼ $204,761 |
| Total Liabilities | $5,032,748 | $4,632,829 | ▼ $399,919 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $49,859,863 | $49,141,212 | ▼ $718,651 |
| Total Liabilities and Net Assets / Fund Balance | $54,892,611 | $53,774,041 | ▼ $1,118,570 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $638,574 | $169,086 | $807,660 |
| Equipment | $12,700 | $332,732 | $345,432 |
| Other Securities | $8,738,731 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Robert Keogh | Administrator | FT | $208,518 | $92,471 | $300,989 |
| Name | Title |
|---|---|
| Festus Joyce | Trustee |
| Fred Creager | Trustee |
| Jack Desmond | Trustee |
| James Wool | Trustee |
| Joseph Cullen | Trustee |
| Kevin Gill | Trustee |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Blue Cross Blue Shield | Health Claims Administration | 401 PARK DRIVE, Boston, MA 02215 | $1,017,577 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $662,231 |
| Other Expenses | $654,430 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Benefits to Members | - | - | - | $27,729,626 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $209,964 |
| Other Salaries and Wages | - | - | - | $174,086 |
| Pension Plan Contributions | - | - | - | $169,608 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $164,314 |
| Other Employee Benefits | - | - | - | $84,864 |
| Occupancy | - | - | - | $44,660 |
| Fees for Services Other | - | - | - | $39,292 |
| Depreciation Depletion | - | - | - | $29,455 |
| Information Technology | - | - | - | $26,019 |
| Payroll Taxes | - | - | - | $23,709 |
| Insurance | - | - | - | $23,583 |
| Fees for Services Accounting | - | - | - | $19,950 |
| Office Expenses | - | - | - | $11,162 |
| Travel | - | - | - | $10,551 |
| Fees for Services Legal | - | - | - | $9,334 |
| Other Expenses | - | - | - | $8,079 |
| All Other Expenses | - | - | - | $2,700 |
| Total Functional Expenses | $0 | $0 | $0 | $29,046,287 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $29,077,131 |
| Total Expenses per Audited Statements | $29,077,131 |
| Total Expenses per Form 990 | $29,046,287 |
| Expenses Not Reported on Form 990 | $0 |
| Expenses Not Reported on Financial Statements | $-30,844 |
| Other Expense Adjustments | $-195,158 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Incurred But Not Reported Claims | $4,047,051 |
| Benefits Payable | $277,644 |
“Collectively bargained multiemployer plan for members and retirees of local 17 smw”
“Board of trustees has given authority to the fund administrator to review all tax documentation before filing.”
“As an employee benefit plan we are subject to the conflicts of interest requirements of erisa.”
“Compensation is reviewed annually by the board of trustees.”
“AVAILABLE UPON REQUEST”
“Process has not changed from prior year.”
“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 (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the department of labor and internal revenue service. The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of november 30, 2015, 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.”
“Net change in benefit obligations -195,158.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 308134 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4728138 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2700 |
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| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 27729626 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ROBERT KEOGH |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6174265646 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1157 ADAMS STREET 1ST FLOOR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DORCHESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02124 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
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| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
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| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
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| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | BLUE CROSS BLUE SHIELD |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | HEALTH CLAIMS ADMINISTRATION |
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| IRS990/CYOtherExpensesAmt | 0 | 654430 |
| IRS990/CYOtherRevenueAmt | 0 | 480827 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 27170183 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 662231 |
| IRS990/CYTotalExpensesAmt | 0 | 29046287 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/CYTotalRevenueAmt | 0 | 32291375 |
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| IRS990/Desc | 0 | TO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDANTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN. |
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| IRS990/FormationYr | 0 | 1950 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
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| IRS990/GrossReceiptsAmt | 0 | 48195421 |
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| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
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| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 928384 |
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| IRS990/PYTotalRevenueAmt | 0 | 27791104 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 547165 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 169086 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 807660 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 12700 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 332732 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 345432 |
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| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | -30844 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 29077131 |
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| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -3963739 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | -195158 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4047051 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 277644 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INCURRED BUT NOT REPORTED CLAIMS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | BENEFITS PAYABLE |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 7640865 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 3744452 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 3880814 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 3 | 8738731 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | AMALGAMATED LONGVIEW ULTRA |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | INSTITUTIONAL SENIOR LOAN FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | MESIROW MULTISTRATEGY |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 3 | DPT CORE PLUS |
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| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 3 | F |
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| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 32127061 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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 (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE DEPARTMENT OF LABOR AND INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF NOVEMBER 30, 2015, 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. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | NET CHANGE IN BENEFIT OBLIGATIONS -195,158. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 29077131 |
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| IRS990/ScheduleJRequiredInd | 0 | 1 |
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| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN FOR MEMBERS AND RETIREES OF LOCAL 17 SMW |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD OF TRUSTEES HAS GIVEN AUTHORITY TO THE FUND ADMINISTRATOR TO REVIEW ALL TAX DOCUMENTATION BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AS AN EMPLOYEE BENEFIT PLAN WE ARE SUBJECT TO THE CONFLICTS OF INTEREST REQUIREMENTS OF ERISA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XII, LINE 2C |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 6 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 7 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 8 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 9 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 10 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 11 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 12 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 13 | NH |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 14 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 15 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 16 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 17 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 18 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 19 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 20 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 21 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 22 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 23 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 24 | ME |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 25 | NH |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 26 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 27 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 28 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 29 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 30 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 31 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 32 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 33 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 34 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 35 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 36 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 37 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 38 | RI |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 39 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 40 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 41 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 42 | RI |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 43 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 44 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 45 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 46 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 47 | RI |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 48 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 49 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 50 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 51 | RI |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 52 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 53 | MA |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.