Civic Intelligence

Amalgamated Union Local 450-A

EIN 06-1697982 • 501(c)9 • Bayside, NY

Profile

To provide health & welfare benefits to eligible participants in the plan.

PO Box 604921Bayside, NY 11360-4921

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Net Margin

41st percentile

0.2%

Higher net margin than 41% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

3.0%

Faster asset growth than 44% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

5.6%

Faster revenue growth than 51% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$606,470

Up $17,733 (+3.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$606,470

Up $17,733 (+3.0%) from 2023

Revenue

Up

$8,127,285

Up $433,480 (+5.6%) from 2023

Expenses

Up

$8,109,552

Up $454,931 (+5.9%) from 2023

Net Income

Down

$17,733

Down $21,451 (-55%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2013: $308,581Liabilities 2013: $0Net Assets 2013: $308,5812013Assets 2014: $489,636Liabilities 2014: $0Net Assets 2014: $489,6362014Assets 2015: $521,707Liabilities 2015: $0Net Assets 2015: $521,7072015Assets 2016: $505,936Liabilities 2016: $0Net Assets 2016: $505,9362016Assets 2017: $503,633Liabilities 2017: $22,295Net Assets 2017: $481,3382017Assets 2018: $488,660Liabilities 2018: $0Net Assets 2018: $488,6602018Assets 2019: $525,756Liabilities 2019: $0Net Assets 2019: $525,7562019Assets 2020: $542,223Liabilities 2020: $0Net Assets 2020: $542,2232020Assets 2021: $565,930Liabilities 2021: $0Net Assets 2021: $565,9302021Assets 2022: $549,553Liabilities 2022: $0Net Assets 2022: $549,5532022Assets 2023: $588,737Liabilities 2023: $0Net Assets 2023: $588,7372023Assets 2024: $606,470Liabilities 2024: $0Net Assets 2024: $606,4702024

Highlighted filing

2024

Assets$606,470
Liabilities$0
Net Assets$606,470

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2013: $7,644,030Expenses 2013: $7,469,794Net Income 2013: $174,2362013Revenue 2014: $7,574,196Expenses 2014: $7,393,141Net Income 2014: $181,0552014Revenue 2015: $5,777,116Expenses 2015: $5,745,045Net Income 2015: $32,0712015Revenue 2016: $5,223,663Expenses 2016: $5,239,434Net Income 2016: -$15,7712016Revenue 2017: $6,050,734Expenses 2017: $6,075,332Net Income 2017: -$24,5982017Revenue 2018: $7,062,808Expenses 2018: $7,055,486Net Income 2018: $7,3222018Revenue 2019: $7,509,620Expenses 2019: $7,472,524Net Income 2019: $37,0962019Revenue 2020: $7,583,848Expenses 2020: $7,567,381Net Income 2020: $16,4672020Revenue 2021: $6,546,063Expenses 2021: $6,522,356Net Income 2021: $23,7072021Revenue 2022: $7,034,401Expenses 2022: $7,050,778Net Income 2022: -$16,3772022Revenue 2023: $7,693,805Expenses 2023: $7,654,621Net Income 2023: $39,1842023Revenue 2024: $8,127,285Expenses 2024: $8,109,552Net Income 2024: $17,7332024

Highlighted filing

2024

Revenue$8,127,285
Expenses$8,109,552
Net Income$17,733

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.2
Gross Receipts
$8,127,285
Mission and Program Overview

Mission

To provide health & welfare benefits to eligible participants in the plan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$579,737$606,470▲ $26,733
Prepaid Expenses and Deferred Charges$9,000$0▼ $9,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$588,737$606,470▲ $17,733
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$588,737$606,470▲ $17,733
Total Liabilities and Net Assets / Fund Balance$588,737$606,470▲ $17,733
Compensation and Service Providers

Employees

NameTitleOtherTotal
Charles FerzolaTrustee$46,000$46,000

Board Members and Trustees

NameTitle
Paul SchauberTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Dioscuri Administrators INCThird Party AdminPO BOX 604921, Bayside, NY 11360-4921$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,127,285
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$17,733

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,127,285
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,127,285
Total Revenue per Form 990
$8,127,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,432
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$7,957,120
Fees for Services Other---$113,600
Fees for Services Legal---$18,000
Fees for Services Accounting---$16,200
Insurance---$4,422
Office Expenses---$210
Total Functional Expenses$0$0$0$8,109,552

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,109,552
Total Expenses per Audited Statements$8,109,552
Total Expenses per Form 990$8,109,552
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is sent to the trustees for review. Upon approval, a waiver is signed authorizing the electronic submission of the form.

Form 990, Part VI, Section B, Line 12C

Annually at the board of trustees meetings.

Form 990, Part VI, Section B, Line 15

Increases in compensation are approved by the board of trustees and are compared to industry standards.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Amalgamated Union Local 450-a
EIN
06-1697982
Phone
7184284167
Address
PO BOX 604921, BAYSIDE, NY 11360-4921

Signing Officer

Name
Charles Ferzola
Title
Trustee
Phone
7184284167
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Ferzola
Formed
2003
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
100 JERICHO QUADRANGLE SUITE 342, JERICHO, NY 11753
Preparer
John Antinore
Phone
5169313100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The financial statements have been prepared on the modified cash basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the united states of america ("u.s. Gaap"). That basis differs from u.s. Gaap principally because employer contributions are recognized when received rather than when earned. Accordingly, receivables from employer contributions and their related effects on earnings have not been recognized in these financial statements. However, investment income is recorded when earned and expenses are recorded when incurred.

Financial Statement Notes

PART X, LINE 2:

The plan administrator has analyzed the tax positions taken by the plan, and has concluded that as of december 31, 2024 and 2023 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. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML Appendix305 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/DescribedInSection501c3Ind00
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IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt146000
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08127285
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentInJointVentureInd00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0588737
IRS990/NetAssetsOrFundBalancesEOYAmt0606470
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0210
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023 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. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SENT TO THE TRUSTEES FOR REVIEW. UPON APPROVAL, A WAIVER IS SIGNED AUTHORIZING THE ELECTRONIC SUBMISSION OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY AT THE BOARD OF TRUSTEES MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INCREASES IN COMPENSATION ARE APPROVED BY THE BOARD OF TRUSTEES AND ARE COMPARED TO INDUSTRY STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCIAL STATEMENTS HAVE BEEN PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS A BASIS OF ACCOUNTING OTHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("U.S. GAAP"). THAT BASIS DIFFERS FROM U.S. GAAP PRINCIPALLY BECAUSE EMPLOYER CONTRIBUTIONS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED. ACCORDINGLY, RECEIVABLES FROM EMPLOYER CONTRIBUTIONS AND THEIR RELATED EFFECTS ON EARNINGS HAVE NOT BEEN RECOGNIZED IN THESE FINANCIAL STATEMENTS. HOWEVER, INVESTMENT INCOME IS RECORDED WHEN EARNED AND EXPENSES ARE RECORDED WHEN INCURRED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1:
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0606470
IRS990/TotReportableCompRltdOrgAmt046000
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 604921
IRS990/USAddress/CityNm0BAYSIDE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0113604921
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES FERZOLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07184284167
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMALGAMATED UNION LOCAL 450-A
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0AMAL
ReturnHeader/Filer/EIN0061697982
ReturnHeader/Filer/PhoneNum07184284167
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 604921
ReturnHeader/Filer/USAddress/CityNm0BAYSIDE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0113604921
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872525370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 JERICHO QUADRANGLE SUITE 342
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011753
ReturnHeader/PreparerPersonGrp/PhoneNum05169313100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN ANTINORE
ReturnHeader/ReturnTs02025-09-25T11:45:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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