Civic Intelligence

Local 272 Welfare Fund

990 • Fiscal year 2015 • EIN 13-5555808

Dec 01, 2014 to Nov 30, 2015 • Filed on Oct 17, 2016

220 East 23rd Street 805New York, NY 10010-4606

(212) 726-9730

Siviq Scores

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

Liabilities / Assets

97th percentile

1.29x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

0.36x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2015

Net Margin

54th percentile

4.4%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

95th percentile

$361,200

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2015 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2015

Asset Growth

22nd percentile

-5.2%

Faster asset growth than 22% of similar nonprofits.

2015 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2013 to 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

Down

$8,025,677

Down $900,670 (-10%) from 2013

Net Assets

Down

-$2,308,871

Down $2,115,913 (-1097%) from 2013

Liabilities

Up

$10,334,548

Up $1,215,243 (+13%) from 2013

Revenue

$28,348,270

No earlier filing loaded for comparison.

Expenses

Up

$27,093,945

Up $2,703,952 (+11%) from 2013

Net Income

$1,254,325

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $11,313,816Liabilities 2010: $7,423,209Net Assets 2010: $3,890,6072010Assets 2011: $11,276,288Liabilities 2011: $7,808,031Net Assets 2011: $3,468,2572011Assets 2012: $10,888,167Liabilities 2012: $7,555,780Net Assets 2012: $3,332,3872012Assets 2013: $8,926,347Liabilities 2013: $9,119,305Net Assets 2013: -$192,9582013Assets 2015: $8,025,677Liabilities 2015: $10,334,548Net Assets 2015: -$2,308,8712015Assets 2016: $8,623,703Liabilities 2016: $7,486,097Net Assets 2016: $1,137,6062016Assets 2017: $9,204,468Liabilities 2017: $7,020,884Net Assets 2017: $2,183,5842017Assets 2018: $9,542,198Liabilities 2018: $6,780,263Net Assets 2018: $2,761,9352018Assets 2019: $14,680,173Liabilities 2019: $6,106,612Net Assets 2019: $8,573,5612019Assets 2020: $17,500,828Liabilities 2020: $5,210,460Net Assets 2020: $12,290,3682020Assets 2021: $23,483,086Liabilities 2021: $5,103,599Net Assets 2021: $18,379,4872021Assets 2022: $33,709,724Liabilities 2022: $4,628,786Net Assets 2022: $29,080,9382022Assets 2023: $42,476,869Liabilities 2023: $5,570,342Net Assets 2023: $36,906,5272023Assets 2024: $50,261,786Liabilities 2024: $5,779,397Net Assets 2024: $44,482,3892024

Highlighted filing

2015

Assets$8,025,677
Liabilities$10,334,548
Net Assets-$2,308,871

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $20,262,6062010Expenses 2011: $20,112,8552011Expenses 2012: $21,963,8002012Expenses 2013: $24,389,9932013Revenue 2015: $28,348,270Expenses 2015: $27,093,945Net Income 2015: $1,254,3252015Revenue 2016: $27,680,220Expenses 2016: $24,176,083Net Income 2016: $3,504,1372016Revenue 2017: $29,564,425Expenses 2017: $28,749,189Net Income 2017: $815,2362017Revenue 2018: $32,271,893Expenses 2018: $33,668,281Net Income 2018: -$1,396,3882018Revenue 2019: $37,593,159Expenses 2019: $31,968,123Net Income 2019: $5,625,0362019Revenue 2020: $31,184,640Expenses 2020: $27,644,079Net Income 2020: $3,540,5612020Revenue 2021: $31,834,962Expenses 2021: $26,010,236Net Income 2021: $5,824,7262021Revenue 2022: $34,791,395Expenses 2022: $21,873,676Net Income 2022: $12,917,7192022Revenue 2023: $35,864,581Expenses 2023: $29,071,451Net Income 2023: $6,793,1302023Revenue 2024: $38,227,973Expenses 2024: $32,634,341Net Income 2024: $5,593,6322024

Highlighted filing

2015

Revenue$28,348,270
Expenses$27,093,945
Net Income$1,254,325
Jump To
Filing Snapshot
Filing Period
Dec 1, 2014 to Nov 30, 2015
Signed
Oct 17, 2016
Return Version
2014v6.0
Gross Receipts
$30,785,366
Mission and Program Overview

Mission

To provide health and related benefits to eligible union members and their dependents.

The plan is a multi-employer benefit plan providing health & welfare benefits to active participants and certain benefits to their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,373,039$3,452,310▼ $920,729
Accounts Receivable$1,797,964$2,739,089▲ $941,125
Cash and Non-Interest-Bearing Accounts$842,728$1,565,046▲ $722,318
Savings and Temporary Cash Investments$109,989$139,796▲ $29,807
Prepaid Expenses and Deferred Charges-$6,071-
Rtn Earn Endowment Incm Other Fnds$-3,404,192$-2,308,871▲ $1,095,321
Total Assets$7,257,121$8,025,677▲ $768,556
Other Assets Total$133,401$123,365▼ $10,036
Liabilities
Other Liabilities$9,931,311$9,938,808▲ $7,497
Accounts Payable and Accrued Expenses$730,002$395,740▼ $334,262
Total Liabilities$10,661,313$10,334,548▼ $326,765
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,404,192$-2,308,871▲ $1,095,321
Total Liabilities and Net Assets / Fund Balance$7,257,121$8,025,677▲ $768,556

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$340,558$340,558
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Marc a GoodmanFund Manager$167,700$12,900$180,600
Maria BanchsAssist. Fund$89,250$89,250$178,500
Carolyn EcholsClaim Examin$108,640-$108,640
Maria BanchsAssist. Fund Manager$82,875$6,375$89,250

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$28,089,666
Investment Income
$258,604
Other Revenue
$0
Change in Net Assets
$1,254,325

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,305,338
Revenue Not Reported on Financial Statements
$42,932
Revenue Not Reported on Form 990
$-159,004
Other Revenue Adjustments
$35,642
Total Revenue per Audited Statements
$28,146,334
Total Revenue per Form 990
$28,348,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$955,252
Salaries, Compensation, and Employee Benefits$734,183
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$25,404,510
Other Salaries and Wages---$451,283
Fees for Services Legal---$314,386
Current Officers, Directors, Trustees, and Key Employees---$180,600
Occupancy---$155,344
Fees for Services Accounting---$122,169
Office Expenses---$108,348
Information Technology---$78,581
Pension Plan Contributions---$59,280
Fees for Services Other---$56,619
Payroll Taxes---$43,020
Insurance---$29,078
Other Expenses---$9,566
Fees for Service Investment Mgmnt Fees---$7,823
Total Functional Expenses$0$0$0$27,093,945

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$27,093,945
Expenses per Audited Statements$27,051,013
Total Expenses per Audited Statements$27,051,013
Expenses Not Reported on Financial Statements$42,932
Other Expense Adjustments$35,642
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
Benefit Obligations$6,545,167
Book Overdraft$3,220,887
Due to Local 272 Pension Fund$172,754
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 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 c, line 18: it is the organization's policy to fully comply with the federal public disclosure requirements with respect to the irs form 990. Our organization will fulfill all requests for the forms made in writing or in person, or some combination of these avenues in order to comply with the federal public disclosure requirements.

Form 990, Page 6, Part VI, Line 6

Employees of employers signed to their respective collectyive bargaining agreements.

Form 990, Page 6, Part VI, Line 11B

The organization's policy requires the signatory board member to review the irs form 990 that is prepared on the organization's behalf before it is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

The organization requires written notification of any possible conflict of interest that is reviewed by legal counsel.

Form 990, Page 6, Part VI, Line 15A

The board of trustees uses consultants to help with the review of compensation.

Form 990, Page 6, Part VI, Line 15B

The other officers or key employees uses consultants to help with the review of compensation.

Form 990, Page 6, Part VI, Line 19

If the governing documents of our organization are subject to the federal public disclsure rules, these documents will be made available as applicable law may require. Otherwise, the governing documents will be provided to the public at the discretion of management.

Filing and Contact Details

Filer

Filer Name
Local 272 Welfare Fund
EIN
13-5555808
Phone
2127269730
Address
220 EAST 23RD STREET 805, NEW YORK, NY 10010-4606

Signing Officer

Name
Fred Alston
Title
Trustee
Phone
2127269730
Signed
2016-10-17
Discuss with paid preparer
Yes

Organization Details

Formed
1951
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
12

Preparer

Firm
Fitzsimmons Krantz and Abrams Llp
Address
59 E 54TH ST RM 82, NEW YORK, NY 10022-9207
Preparer
Barrie Abrams
Phone
2127594949
Supplemental Narrative

Additional Explanations

Form 990

Prior year process has not changed.

Form 990, Page 2, Part III, Line 4D

The plan is a multi-employer benefit plan providing health benefits to active participants and certain benefits to their dependents.

Form 990, Part XI, Line 9

Cobra -35,642 cobra 35,642

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

COBRA 35,642

Schedule D, Page 4, Part XII, Line 4B

COBRA 35,642

Raw XML Appendix376 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0730002
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0395740
IRS990/AccountsReceivableGrp/BOYAmt01797964
IRS990/AccountsReceivableGrp/EOYAmt02739089
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PLAN IS A MULTI-EMPLOYER BENEFIT PLAN PROVIDING HEALTH & WELFARE BENEFITS TO ACTIVE PARTICIPANTS AND CERTAIN BENEFITS TO THEIR DEPENDENTS.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt025404510
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum02127269730
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 EAST 23RD STREET NO 805
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0100104606
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0842728
IRS990/CashNonInterestBearingGrp/EOYAmt01565046
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0180600
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt025404510
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0258604
IRS990/CYOtherExpensesAmt0955252
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt028089666
IRS990/CYRevenuesLessExpensesAmt01254325
IRS990/CYSalariesCompEmpBnftPaidAmt0734183
IRS990/CYTotalExpensesAmt027093945
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt028348270
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE PLAN IS A MULTI-EMPLOYER BENEFIT PLAN PROVIDING HEALTH BENEFITS TO ACTIVE PARTICIPANTS AND CERTAIN BENEFITS TO THEIR DEPENDENTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt0122169
IRS990/FeesForServicesLegalGrp/TotalAmt0314386
IRS990/FeesForServicesOtherGrp/TotalAmt056619
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt07823
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0FRED ALSTON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH MATTESI
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW BRUCCOLERI
IRS990/Form990PartVIISectionAGrp/PersonNm3GORDON HAMM
IRS990/Form990PartVIISectionAGrp/PersonNm4LANCE HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm5KENNETH ROSENBLATT
IRS990/Form990PartVIISectionAGrp/PersonNm6MARC A GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MARIA BANCHS
IRS990/Form990PartVIISectionAGrp/PersonNm8CAROLYN ECHOLS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6180600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt789250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8108640
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6180600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt789250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6FUND MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSIST. FUND
IRS990/Form990PartVIISectionAGrp/TitleTxt8CLAIM EXAMIN
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01951
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0157688
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02594784
IRS990/GrossReceiptsAmt030785366
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt078581
IRS990/InsuranceGrp/TotalAmt029078
IRS990/InvestmentIncomeGrp/ExclusionAmt0100916
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100916
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04373039
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03452310
IRS990/IRPDocumentCnt01496
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0340558
IRS990/LandBldgEquipCostOrOtherBssAmt0340558
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02437096
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PLAN IS A MULTI-EMPLOYER BENEFIT PLAN PROVIDING HEALTH & WELFARE BENEFITS TO ACTIVE PARTICIPANTS AND CERTAIN BENEFITS TO THEIR DEPENDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-3404192
IRS990/NetAssetsOrFundBalancesEOYAmt0-2308871
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0157688
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0157688
IRS990/NetUnrlzdGainsLossesInvstAmt0-159004
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0155344
IRS990/OfficeExpensesGrp/TotalAmt0108348
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0133401
IRS990/OtherAssetsTotalGrp/EOYAmt0123365
IRS990/OtherExpensesGrp/Desc0BANK CHARGES & MISC.
IRS990/OtherExpensesGrp/Desc1POSTAGE EXPENSE
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3STORAGE, R & M
IRS990/OtherExpensesGrp/TotalAmt033922
IRS990/OtherExpensesGrp/TotalAmt122467
IRS990/OtherExpensesGrp/TotalAmt216949
IRS990/OtherExpensesGrp/TotalAmt39566
IRS990/OtherLiabilitiesGrp/BOYAmt09931311
IRS990/OtherLiabilitiesGrp/EOYAmt09938808
IRS990/OtherSalariesAndWagesGrp/TotalAmt0451283
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt043020
IRS990/PensionPlanContributionsGrp/TotalAmt059280
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06071
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1COBRA CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028054024
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028054024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135642
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE PLAN IS A MULTI-EMPLOYER BENEFIT PLAN PROVIDING HEALTH BENEFITS TO ACTIVE PARTICIPANTS AND CERTAIN BENEFITS TO THEIR DEPENDENTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt022018048
IRS990/PYInvestmentIncomeAmt0464850
IRS990/PYOtherExpensesAmt0942953
IRS990/PYOtherRevenueAmt048
IRS990/PYProgramServiceRevenueAmt020110636
IRS990/PYRevenuesLessExpensesAmt0-3114864
IRS990/PYSalariesCompEmpBnftPaidAmt0729397
IRS990/PYTotalExpensesAmt023690398
IRS990/PYTotalRevenueAmt020575534
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01254325
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-3404192
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-2308871
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109989
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0139796
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0340558
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0340558
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt042932
IRS990ScheduleD/ExpensesSubtotalAmt027051013
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt07290
IRS990ScheduleD/InvestmentExpensesNotIncldAmt07290
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-159004
IRS990ScheduleD/OtherExpensesNotIncludedAmt035642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06545167
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13220887
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2172754
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BENEFIT OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BOOK OVERDRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO LOCAL 272 PENSION FUND
IRS990ScheduleD/OtherRevenuesNotIncludedAmt035642
IRS990ScheduleD/RevenueNotReportedAmt0-159004
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt042932
IRS990ScheduleD/RevenueSubtotalAmt028305338
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COBRA 35,642
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COBRA 35,642
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalExpensesPerForm990Amt027093945
IRS990ScheduleD/TotalLiabilityAmt09938808
IRS990ScheduleD/TotalRevenuePerForm990Amt028348270
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt028146334
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt027051013
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0167700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt182875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount012900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount16375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt012900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt16375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0167700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt182875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARC A GOODMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARIA BANCHS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FUND MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSIST. FUND MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt189250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt189250
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR YEAR PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PLAN IS A MULTI-EMPLOYER BENEFIT PLAN PROVIDING HEALTH BENEFITS TO ACTIVE PARTICIPANTS AND CERTAIN BENEFITS TO THEIR DEPENDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECTION C, LINE 18: IT IS THE ORGANIZATION'S POLICY TO FULLY COMPLY WITH THE FEDERAL PUBLIC DISCLOSURE REQUIREMENTS WITH RESPECT TO THE IRS FORM 990. OUR ORGANIZATION WILL FULFILL ALL REQUESTS FOR THE FORMS MADE IN WRITING OR IN PERSON, OR SOME COMBINATION OF THESE AVENUES IN ORDER TO COMPLY WITH THE FEDERAL PUBLIC DISCLOSURE REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EMPLOYEES OF EMPLOYERS SIGNED TO THEIR RESPECTIVE COLLECTYIVE BARGAINING AGREEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S POLICY REQUIRES THE SIGNATORY BOARD MEMBER TO REVIEW THE IRS FORM 990 THAT IS PREPARED ON THE ORGANIZATION'S BEHALF BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION REQUIRES WRITTEN NOTIFICATION OF ANY POSSIBLE CONFLICT OF INTEREST THAT IS REVIEWED BY LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF TRUSTEES USES CONSULTANTS TO HELP WITH THE REVIEW OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE OTHER OFFICERS OR KEY EMPLOYEES USES CONSULTANTS TO HELP WITH THE REVIEW OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8IF THE GOVERNING DOCUMENTS OF OUR ORGANIZATION ARE SUBJECT TO THE FEDERAL PUBLIC DISCLSURE RULES, THESE DOCUMENTS WILL BE MADE AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COBRA -35,642 COBRA 35,642
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07257121
IRS990/TotalAssetsEOYAmt08025677
IRS990/TotalAssetsGrp/BOYAmt07257121
IRS990/TotalAssetsGrp/EOYAmt08025677
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt027093945
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010661313
IRS990/TotalLiabilitiesEOYAmt010334548
IRS990/TotalLiabilitiesGrp/BOYAmt010661313
IRS990/TotalLiabilitiesGrp/EOYAmt010334548
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3404192
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2308871
IRS990/TotalProgramServiceRevenueAmt028089666
IRS990/TotalReportableCompFromOrgAmt0378490
IRS990/TotalRevenueGrp/ExclusionAmt0100916
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028247354
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt028348270
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07257121
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08025677
IRS990/TotReportableCompRltdOrgAmt0269850
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.272WELFARE.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRED ALSTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02127269730
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL 272 WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0135555808
ReturnHeader/Filer/PhoneNum02127269730
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 EAST 23RD STREET 805
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0100104606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132858927
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FITZSIMMONS KRANTZ AND ABRAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt059 E 54TH ST RM 82
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100229207
ReturnHeader/PreparerPersonGrp/PhoneNum02127594949
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRIE ABRAMS
ReturnHeader/ReturnTs02016-10-17T13:24:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-12-01
ReturnHeader/TaxPeriodEndDt02015-11-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$50.3$5.78$44.5$38.2$32.6$5.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.5$5.57$36.9$35.9$29.1$6.79
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.7$4.63$29.1$34.8$21.9$12.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.5$5.10$18.4$31.8$26.0$5.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$5.21$12.3$31.2$27.6$3.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$6.11$8.57$37.6$32.0$5.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.54$6.78$2.76$32.3$33.7$1.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.20$7.02$2.18$29.6$28.7$0.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$7.49$1.14$27.7$24.2$3.50
2015Detailed filing. Detailed filing data is available for this year.$8.03$10.3$2.31$28.3$27.1$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.93$9.12$0.19$24.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$7.56$3.33$22.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$7.81$3.47$20.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$7.42$3.89$20.3