Civic Intelligence

Local 272 Welfare Fund

990 • Fiscal year 2016 • EIN 13-5555808

Dec 01, 2015 to Nov 30, 2016 • Filed on Oct 12, 2016

Organization ProfileWWW.272WELFARE.COM

View Organization Page

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

94th percentile

0.87x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.27x

Higher debt load relative to revenue than 81% of similar nonprofits.

2016 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2016

Net Margin

73rd percentile

13%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$361,200

Higher top officer pay than 94% of similar nonprofits.

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

2016 filings • 501(c)9 • $25M-$50M nonprofits • Source year 2016

Asset Growth

61st percentile

7.5%

Faster asset growth than 61% of similar nonprofits.

2016 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-2.4%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)9 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$8,623,703

Up $598,026 (+7.5%) from 2015

Net Assets

Up

$1,137,606

Up $3,446,477 (+149%) from 2015

Liabilities

Down

$7,486,097

Down $2,848,451 (-28%) from 2015

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin73rd percentile

Revenue

Down

$27,680,220

Down $668,050 (-2.4%) from 2015

Expenses

Down

$24,176,083

Down $2,917,862 (-11%) from 2015

Net Income

Up

$3,504,137

Up $2,249,812 (+179%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

2016

Assets$8,623,703
Liabilities$7,486,097
Net Assets$1,137,606
Open 2016 Filing

Operations Trend

Revenue Growth28th percentile

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

2016

Revenue$27,680,220
Expenses$24,176,083
Net Income$3,504,137
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
Oct 12, 2016
Return Version
2015v3.0
Gross Receipts
$30,410,998
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$3,452,310$3,495,765▲ $43,455
Accounts Receivable$2,739,089$2,752,054▲ $12,965
Cash and Non-Interest-Bearing Accounts$1,565,046$2,054,662▲ $489,616
Rtn Earn Endowment Incm Other Fnds$-2,308,871$1,137,606▲ $3,446,477
Savings and Temporary Cash Investments$139,796$190,642▲ $50,846
Prepaid Expenses and Deferred Charges$6,071$6,038▼ $33
Total Assets$8,025,677$8,623,703▲ $598,026
Other Assets Total$123,365$124,542▲ $1,177
Liabilities
Other Liabilities$9,938,808$7,084,609▼ $2,854,199
Accounts Payable and Accrued Expenses$395,740$401,488▲ $5,748
Total Liabilities$10,334,548$7,486,097▼ $2,848,451
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,308,871$1,137,606▲ $3,446,477
Total Liabilities and Net Assets / Fund Balance$8,025,677$8,623,703▲ $598,026

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$311,892$311,892
Equipment-$26,580$26,580
Leasehold Improvements-$2,086$2,086
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria BanchsAssist. FundFT$90,402$90,402$180,804
Marc a GoodmanFund ManagerFT$167,700$12,900$180,600
Carolyn EcholsClaim ExaminFT$108,640-$108,640
Maria BanchsAssist. Fund Manager-$84,027$6,375$90,402

Board Members and Trustees

NameTitle
Fred AlstonTrustee
Gordon HammTrustee
Joseph MattesiTrustee
Kenneth RosenblattTrustee
Lance HowardTrustee
Matthew BruccoleriTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,526,489
Investment Income
$153,731
Other Revenue
$0
Change in Net Assets
$3,504,137

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,636,925
Revenue Not Reported on Financial Statements
$43,295
Revenue Not Reported on Form 990
$-57,660
Other Revenue Adjustments
$37,261
Total Revenue per Audited Statements
$27,579,265
Total Revenue per Form 990
$27,680,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$947,306
Salaries, Compensation, and Employee Benefits$754,022
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$22,474,755
Other Salaries and Wages---$473,759
Fees for Services Legal---$216,700
Information Technology---$195,807
Current Officers, Directors, Trustees, and Key Employees---$180,600
Occupancy---$151,059
Office Expenses---$112,198
Fees for Services Accounting---$107,272
Pension Plan Contributions---$59,280
Payroll Taxes---$40,383
Fees for Services Other---$36,909
Insurance---$35,237
Other Expenses---$8,051
Fees for Service Investment Mgmnt Fees---$6,619
Total Functional Expenses$0$0$0$24,176,083

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$24,176,083
Expenses per Audited Statements$24,132,788
Total Expenses per Audited Statements$24,132,788
Expenses Not Reported on Financial Statements$43,295
Other Expense Adjustments$37,261
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$6,288,714
Book Overdraft$795,895
Due to Local 272 Pension Fund-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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”

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
Marc a Goodman
Title
Fund Manager
Phone
2127269730
Signed
2016-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc a Goodman
Formed
1951
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
12

Preparer

Firm
Fitzsimmons 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 -37,261 cobra 37,261”

Financial Statement Notes

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

“COBRA 37,261”

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

“COBRA 37,261”

Raw XML Appendix386 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/ProgSrvcAccomActyOtherGrp/Desc0THE PLAN IS A MULTI-EMPLOYER BENEFIT PLAN PROVIDING HEALTH BENEFITS TO ACTIVE PARTICIPANTS AND CERTAIN BENEFITS TO THEIR DEPENDENTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt025404510
IRS990/PYInvestmentIncomeAmt0258604
IRS990/PYOtherExpensesAmt0955252
IRS990/PYProgramServiceRevenueAmt028089666
IRS990/PYRevenuesLessExpensesAmt01254325
IRS990/PYSalariesCompEmpBnftPaidAmt0734183
IRS990/PYTotalExpensesAmt027093945
IRS990/PYTotalRevenueAmt028348270
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03504137
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2308871
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01137606
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0139796
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0190642
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026580
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt043295
IRS990ScheduleD/ExpensesSubtotalAmt024132788
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06034
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06034
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02086
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02086
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-57660
IRS990ScheduleD/OtherExpensesNotIncludedAmt037261
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0311892
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0311892
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06288714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1795895
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BENEFIT OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BOOK OVERDRAFT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO LOCAL 272 PENSION FUND
IRS990ScheduleD/OtherRevenuesNotIncludedAmt037261
IRS990ScheduleD/RevenueNotReportedAmt0-57660
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt043295
IRS990ScheduleD/RevenueSubtotalAmt027636925
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COBRA 37,261
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COBRA 37,261
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalExpensesPerForm990Amt024176083
IRS990ScheduleD/TotalLiabilityAmt07084609
IRS990ScheduleD/TotalRevenuePerForm990Amt027680220
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027579265
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt024132788
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0167700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt184027
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount012900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount16375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt012900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt16375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0167700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt184027
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARC A GOODMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARIA BANCHS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FUND MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSIST. FUND MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt190402
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt190402
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
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 -37,261 COBRA 37,261
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/TotalAssetsBOYAmt08025677
IRS990/TotalAssetsEOYAmt08623703
IRS990/TotalAssetsGrp/BOYAmt08025677
IRS990/TotalAssetsGrp/EOYAmt08623703
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt024176083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010334548
IRS990/TotalLiabilitiesEOYAmt07486097
IRS990/TotalLiabilitiesGrp/BOYAmt010334548
IRS990/TotalLiabilitiesGrp/EOYAmt07486097
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2308871
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01137606
IRS990/TotalProgramServiceRevenueAmt027526489
IRS990/TotalReportableCompFromOrgAmt0379642
IRS990/TotalRevenueGrp/ExclusionAmt0108335
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027571885
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027680220
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08025677
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08623703
IRS990/TotReportableCompRltdOrgAmt0271002
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/PersonNm0MARC A GOODMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FUND MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02127269730
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-12
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 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/PreparationDt02017-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRIE ABRAMS
ReturnHeader/ReturnTs02017-10-16T12:15:01-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-12-01
ReturnHeader/TaxPeriodEndDt02016-11-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,623,703
Liabilities
$7,486,097
Net assets
$1,137,606
Revenue
$27,680,220
Expenses
$24,176,083
Net income
$3,504,137
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
2016Detailed filing. Detailed filing data is available for this year.$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