Civic Intelligence

Massachusetts Bricklayers and Masons Health & Welfare Fund

990 • Fiscal year 2024 • EIN 04-2145367

Apr 01, 2023 to Mar 31, 2024 • Filed on Feb 13, 2025

Organization ProfileN/A

View Organization Page

645 Morrissey BlvdBoston, MA 02122

(617) 436-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.06x

Higher debt load relative to assets than 57% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.10x

Higher debt load relative to revenue than 59% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

31st percentile

-0.4%

Higher net margin than 31% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$347,198

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

52nd percentile

7.4%

Faster asset growth than 52% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

8.3%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$57,010,212

Up $3,908,221 (+7.4%) from 2023

Net Assets

Up

$53,386,260

Up $2,732,383 (+5.4%) from 2023

Liabilities

Up

$3,623,952

Up $1,175,838 (+48%) from 2023

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin31st percentile

Revenue

Up

$34,685,172

Up $2,649,741 (+8.3%) from 2023

Expenses

Up

$34,834,765

Up $2,776,237 (+8.7%) from 2023

Net Income

Down

-$149,593

Down $126,496 (-548%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $28,836,173Liabilities 2010: $2,598,020Net Assets 2010: $26,238,1532010Assets 2011: $28,834,443Liabilities 2011: $2,997,729Net Assets 2011: $25,836,7142011Assets 2012: $28,647,196Liabilities 2012: $2,675,079Net Assets 2012: $25,972,1172012Assets 2013: $32,129,689Liabilities 2013: $3,300,098Net Assets 2013: $28,829,5912013Assets 2014: $37,462,567Liabilities 2014: $2,677,725Net Assets 2014: $34,784,8422014Assets 2015: $39,310,563Liabilities 2015: $2,541,246Net Assets 2015: $36,769,3172015Assets 2016: $42,566,482Liabilities 2016: $3,493,345Net Assets 2016: $39,073,1372016Assets 2017: $40,669,463Liabilities 2017: $2,796,594Net Assets 2017: $37,872,8692017Assets 2018: $43,832,148Liabilities 2018: $2,739,641Net Assets 2018: $41,092,5072018Assets 2019: $49,980,193Liabilities 2019: $2,580,092Net Assets 2019: $47,400,1012019Assets 2020: $51,740,431Liabilities 2020: $3,116,028Net Assets 2020: $48,624,4032020Assets 2021: $56,562,864Liabilities 2021: $2,976,930Net Assets 2021: $53,585,9342021Assets 2022: $55,070,264Liabilities 2022: $1,310,125Net Assets 2022: $53,760,1392022Assets 2023: $53,101,991Liabilities 2023: $2,448,114Net Assets 2023: $50,653,8772023Assets 2024: $57,010,212Liabilities 2024: $3,623,952Net Assets 2024: $53,386,2602024Assets 2025: $54,239,210Liabilities 2025: $3,224,056Net Assets 2025: $51,015,1542025

Highlighted filing

2024

Assets$57,010,212
Liabilities$3,623,952
Net Assets$53,386,260
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $22,110,6022010Revenue 2011: $19,873,053Expenses 2011: $23,881,731Net Income 2011: -$4,008,6782011Expenses 2012: $24,328,2282012Revenue 2013: $24,532,153Expenses 2013: $23,178,416Net Income 2013: $1,353,7372013Revenue 2014: $27,378,045Expenses 2014: $23,148,596Net Income 2014: $4,229,4492014Revenue 2015: $24,781,793Expenses 2015: $24,873,947Net Income 2015: -$92,1542015Revenue 2016: $27,909,522Expenses 2016: $26,251,378Net Income 2016: $1,658,1442016Revenue 2017: $26,445,017Expenses 2017: $28,989,985Net Income 2017: -$2,544,9682017Revenue 2018: $29,796,159Expenses 2018: $27,100,511Net Income 2018: $2,695,6482018Revenue 2019: $32,650,993Expenses 2019: $28,443,739Net Income 2019: $4,207,2542019Revenue 2020: $30,883,431Expenses 2020: $29,770,106Net Income 2020: $1,113,3252020Revenue 2021: $27,395,018Expenses 2021: $29,331,935Net Income 2021: -$1,936,9172021Revenue 2022: $32,665,597Expenses 2022: $31,054,322Net Income 2022: $1,611,2752022Revenue 2023: $32,035,431Expenses 2023: $32,058,528Net Income 2023: -$23,0972023Revenue 2024: $34,685,172Expenses 2024: $34,834,765Net Income 2024: -$149,5932024Revenue 2025: $33,994,153Expenses 2025: $36,383,311Net Income 2025: -$2,389,1582025

Highlighted filing

2024

Revenue$34,685,172
Expenses$34,834,765
Net Income-$149,593
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Feb 13, 2025
Return Version
2023v6.0
Gross Receipts
$35,846,395
Mission and Program Overview

Mission

PROVIDE MEDICAL BENEFITS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$50,653,877$53,386,260▲ $2,732,383
Investments Other Securities$45,050,493$47,671,487▲ $2,620,994
Savings and Temporary Cash Investments$3,800,819$4,986,668▲ $1,185,849
Accounts Receivable$3,729,244$3,915,399▲ $186,155
Land, Buildings, and Equipment, Net$260,909$240,807▼ $20,102
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$53,101,991$57,010,212▲ $3,908,221
Other Assets Total$260,526$195,851▼ $64,675
Liabilities
Other Liabilities$2,021,678$2,518,161▲ $496,483
Accounts Payable and Accrued Expenses$426,436$1,105,791▲ $679,355
Total Liabilities$2,448,114$3,623,952▲ $1,175,838
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,653,877$53,386,260▲ $2,732,383
Total Liabilities and Net Assets / Fund Balance$53,101,991$57,010,212▲ $3,908,221

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$240,807$750,740$991,547
Other Securities$7,584,865--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chuck Raso IiExecutive Director and TrusteePT$82,260$119,961$202,221

Board Members and Trustees

NameTitle
Anthony AntonuccioTrustee
Charles RasoTrustee
Gregory SalvucciTrustee
James Dailey JrTrustee
James PimentalTrustee
Joseph GrenhamTrustee
Joseph IacopucciTrustee
Leslie CarrioTrustee
Patrick Folan IiiTrustee
Richard LavoieTrustee
Richard PachecoTrustee
Robert RizziTrustee
Robert VeseyTrustee
Stephen GrandeTrustee
Thomas MccormickTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Cross Blue ShieldHealthcare And Stop Loss Insurance401 PARK DRIVE, Boston, MA 02215$842,984
Delta DentalDental Care465 MEDFORD STREET, Boston, MA 02129$101,349
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$31,965,743
Investment Income
$2,719,429
Other Revenue
$0
Change in Net Assets
$-149,593

Audited Revenue Reconciliation

Revenue per Audited Statements
$34,602,077
Revenue Not Reported on Financial Statements
$83,095
Revenue Not Reported on Form 990
$2,881,976
Total Revenue per Audited Statements
$37,484,053
Total Revenue per Form 990
$34,685,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,612,272
Salaries, Compensation, and Employee Benefits$550,513
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$32,671,980
Other Salaries and Wages---$326,260
Other Employee Benefits---$100,775
Fees for Service Investment Mgmnt Fees---$83,095
Current Officers, Directors, Trustees, and Key Employees---$82,260
Information Technology---$79,487
Fees for Services Other---$74,250
Occupancy---$65,628
Fees for Services Legal---$53,019
Payroll Taxes---$41,218
Fees for Services Accounting---$36,630
Insurance---$22,875
Depreciation Depletion---$22,426
Office Expenses---$15,594
Conferences and Meetings---$8,179
Other Expenses---$7,918
Travel---$7,609
All Other Expenses---$3,653
Interest---$1,278
Total Functional Expenses$0$0$0$34,834,765

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$34,834,765
Expenses per Audited Statements$34,189,435
Total Expenses per Audited Statements$34,189,435
Expenses Not Reported on Financial Statements$645,330
Other Expense Adjustments$562,235
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Claims Payable$2,433,688
Right-of-use Operating Liability, Net of Current$84,473
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Collectively bargained multiemployer plan for members of masachusetts bricklayers and masons union”

Form 990, Part VI, Section B, Line 11B

“Trustees review and approve the form 990 prior to filing”

Form 990, Part VI, Section B, Line 12

“Fund is subject to rules and regulations of employee retirement security act (erisa)”

Form 990, Part VI, Section B, Line 15A

“Compensation subject to approval of the board of trustees”

Form 990, Part VI, Section C, Line 19

“No documents available to public”

Filing and Contact Details

Filer

Filer Name
Massachusetts Bricklayers & Masons
EIN
04-2145367
Phone
6174365000
Address
645 MORRISSEY BLVD, BOSTON, MA 02122

Signing Officer

Name
Charles Raso Ii
Title
Executive Director
Phone
6174965003
Signed
2025-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Raso Ii
Formed
1952
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
40
Volunteers
0

Preparer

Firm
Manzi & Associates LLC
Address
855 TURNPIKE STREET, NORTH ANDOVER, MA 01845
Preparer
Jeannie Mickel
Phone
9789751099
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has not changed its oversight process during the year.”

Financial Statement Notes

PART X, LINE 2:

“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 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 march 31, 2024, 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.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Change in plans total benefit obligation 562,235.”

Raw XML AppendixShowing 400 of 1,108 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES DAILEY JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR AND TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01952
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02227402
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03388625
IRS990/GrossReceiptsAmt035846395
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt079487
IRS990/InsuranceGrp/TotalAmt022875
IRS990/InterestGrp/TotalAmt01278
IRS990/InvestmentIncomeGrp/ExclusionAmt0492027
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0492027
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt045050493
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt047671487
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0750740
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0260909
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0240807
IRS990/LandBldgEquipCostOrOtherBssAmt0991547
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01161223
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE MEDICAL BENEFITS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt050653877
IRS990/NetAssetsOrFundBalancesEOYAmt053386260
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02227402
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02227402
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02881976
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt065628
IRS990/OfficeExpensesGrp/TotalAmt015594
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0260526
IRS990/OtherAssetsTotalGrp/EOYAmt0195851
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0100775
IRS990/OtherExpensesGrp/Desc0STOP LOSS PREMIUMS
IRS990/OtherExpensesGrp/Desc1CONSULTING FEES - BCBS
IRS990/OtherExpensesGrp/Desc2PCORI TRANSITIONAL REIN
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/TotalAmt01084978
IRS990/OtherExpensesGrp/TotalAmt134187
IRS990/OtherExpensesGrp/TotalAmt211466
IRS990/OtherExpensesGrp/TotalAmt37918
IRS990/OtherLiabilitiesGrp/BOYAmt02021678
IRS990/OtherLiabilitiesGrp/EOYAmt02518161
IRS990/OtherSalariesAndWagesGrp/TotalAmt0326260
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt041218
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES RASO II
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYEE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030587354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11378389
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030587354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11378389
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt029880577
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0954872
IRS990/PYOtherExpensesAmt01526278
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt031080559
IRS990/PYRevenuesLessExpensesAmt0-23097
IRS990/PYSalariesCompEmpBnftPaidAmt0651673
IRS990/PYTotalExpensesAmt032058528
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt032035431
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-149593
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt050653877
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt053386260
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03800819
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04986668
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0645330
IRS990ScheduleD/ExpensesSubtotalAmt034189435
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt083095
IRS990ScheduleD/InvestmentExpensesNotIncldAmt083095
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02881976
IRS990ScheduleD/OtherExpensesNotIncludedAmt0562235
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0240807
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0750740
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0991547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02433688
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt184473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH CLAIMS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RIGHT-OF-USE OPERATING LIABILITY, NET OF CURRENT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt014296544
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt117424531
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt28365547
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt37584865
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INTERMEDIATE US GOVT/CRD BOND FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1STATE STREET S&P 500 FLAGSHIP FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PRU CORE PLUS BOND FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INCOME RESEARCH MANAGEMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/RevenueNotReportedAmt02881976
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt083095
IRS990ScheduleD/RevenueSubtotalAmt034602077
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING 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 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 MARCH 31, 2024, 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/ExplanationTxt1CHANGE IN PLANS TOTAL BENEFIT OBLIGATION 562,235.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0240807
IRS990ScheduleD/TotalBookValueSecuritiesAmt047671487
IRS990ScheduleD/TotalExpensesPerForm990Amt034834765
IRS990ScheduleD/TotalLiabilityAmt02518161
IRS990ScheduleD/TotalRevenuePerForm990Amt034685172
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt037484053
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt034189435
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt082260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0144977
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0108551
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHUCK RASO II
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR AND TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0202221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0144977
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN FOR MEMBERS OF MASACHUSETTS BRICKLAYERS AND MASONS UNION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FUND IS SUBJECT TO RULES AND REGULATIONS OF EMPLOYEE RETIREMENT SECURITY ACT (ERISA)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION SUBJECT TO APPROVAL OF THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd1CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1MA

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,010,212
Liabilities
$3,623,952
Net assets
$53,386,260
Revenue
$34,685,172
Expenses
$34,834,765
Net income
-$149,593
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$54.2$3.22$51.0$34.0$36.4$2.39
2024Detailed filing. Detailed filing data is available for this year.$57.0$3.62$53.4$34.7$34.8$0.15
2023Detailed filing. Detailed filing data is available for this year.$53.1$2.45$50.7$32.0$32.1$0.02
2022Detailed filing. Detailed filing data is available for this year.$55.1$1.31$53.8$32.7$31.1$1.61
2021Detailed filing. Detailed filing data is available for this year.$56.6$2.98$53.6$27.4$29.3$1.94
2020Detailed filing. Detailed filing data is available for this year.$51.7$3.12$48.6$30.9$29.8$1.11
2019Detailed filing. Detailed filing data is available for this year.$50.0$2.58$47.4$32.7$28.4$4.21
2018Detailed filing. Detailed filing data is available for this year.$43.8$2.74$41.1$29.8$27.1$2.70
2017Detailed filing. Detailed filing data is available for this year.$40.7$2.80$37.9$26.4$29.0$2.54
2016Detailed filing. Detailed filing data is available for this year.$42.6$3.49$39.1$27.9$26.3$1.66
2015Detailed filing. Detailed filing data is available for this year.$39.3$2.54$36.8$24.8$24.9$0.09
2014Detailed filing. Detailed filing data is available for this year.$37.5$2.68$34.8$27.4$23.1$4.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$3.30$28.8$24.5$23.2$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$2.68$26.0$24.3
2011Summary only. Only limited summary data is available for this year.$28.8$3.00$25.8$19.9$23.9$4.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$2.60$26.2$22.1