Civic Intelligence

Local 7 Tile Industry Welfare Fund

EIN 38-6829766 • 501(c)9 • New York, NY

View Organization Page

Profile

The local 7 tile industry welfare fund was organized for the primary purpose of providing health/death, and supplemental unemployment,disability benefits and vacation benefits for all eligible local#7 welfare fund members.

1040 Avenue Of The Americas 24thNew York, NY 10018

n/A

Siviq Scores

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

Liabilities / Assets

40th percentile

0.01x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Net Margin

16th percentile

-8.8%

Higher net margin than 16% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $25M-$50M nonprofits • Source year 2024

Asset Growth

12th percentile

-14%

Faster asset growth than 12% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

9.3%

Faster revenue growth than 58% of similar nonprofits.

501(c)9 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$16,504,184

Down $2,652,703 (-14%) from 2023

Liabilities

Down

$145,410

Down $1,252,995 (-90%) from 2023

Net Assets

Down

$16,358,774

Down $1,399,708 (-7.9%) from 2023

Operations
Liabilities / Revenue32nd percentileNet Margin16th percentile

Revenue

Up

$29,192,380

Up $2,478,915 (+9.3%) from 2023

Expenses

Down

$31,757,168

Down $631,927 (-2.0%) from 2023

Net Income

Up

-$2,564,788

Up $3,110,842 (+55%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$40M$30M$20M$10M$0Assets 2010: $16,636,371Liabilities 2010: $529,764Net Assets 2010: $16,106,6072010Assets 2011: $20,092,113Liabilities 2011: $547,117Net Assets 2011: $19,544,9962011Assets 2012: $20,243,333Liabilities 2012: $719,284Net Assets 2012: $19,524,0492012Assets 2013: $20,552,208Liabilities 2013: $724,166Net Assets 2013: $19,828,0422013Assets 2014: $19,170,250Liabilities 2014: $659,746Net Assets 2014: $18,510,5042014Assets 2015: $23,334,827Liabilities 2015: $610,251Net Assets 2015: $22,724,5762015Assets 2016: $26,591,837Liabilities 2016: $638,537Net Assets 2016: $25,953,3002016Assets 2017: $30,526,148Liabilities 2017: $1,010,105Net Assets 2017: $29,516,0432017Assets 2018: $31,505,781Liabilities 2018: $668,503Net Assets 2018: $30,837,2782018Assets 2019: $39,920,685Liabilities 2019: $677,162Net Assets 2019: $39,243,5232019Assets 2020: $28,566,166Liabilities 2020: $838,281Net Assets 2020: $27,727,8852020Assets 2021: $25,157,538Liabilities 2021: $1,546,769Net Assets 2021: $23,610,7692021Assets 2022: $23,274,077Liabilities 2022: $1,305,857Net Assets 2022: $21,968,2202022Assets 2023: $19,156,887Liabilities 2023: $1,398,405Net Assets 2023: $17,758,4822023Assets 2024: $16,504,184Liabilities 2024: $145,410Net Assets 2024: $16,358,7742024

Highlighted filing

2024

Assets$16,504,184
Liabilities$145,410
Net Assets$16,358,774
Open 2024 Filing

Operations Trend

Revenue Growth58th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $22,103,7832010Expenses 2011: $18,268,3562011Expenses 2012: $18,835,4112012Revenue 2013: $21,468,225Expenses 2013: $21,164,232Net Income 2013: $303,9932013Revenue 2014: $20,960,404Expenses 2014: $22,277,942Net Income 2014: -$1,317,5382014Revenue 2015: $27,808,491Expenses 2015: $23,594,419Net Income 2015: $4,214,0722015Revenue 2016: $29,848,024Expenses 2016: $27,226,726Net Income 2016: $2,621,2982016Revenue 2017: $30,122,514Expenses 2017: $28,066,940Net Income 2017: $2,055,5742017Revenue 2018: $34,366,774Expenses 2018: $32,782,302Net Income 2018: $1,584,4722018Revenue 2019: $40,669,180Expenses 2019: $35,386,483Net Income 2019: $5,282,6972019Revenue 2020: $25,814,756Expenses 2020: $39,381,753Net Income 2020: -$13,566,9972020Revenue 2021: $28,639,633Expenses 2021: $35,253,740Net Income 2021: -$6,614,1072021Revenue 2022: $33,957,189Expenses 2022: $33,526,914Net Income 2022: $430,2752022Revenue 2023: $26,713,465Expenses 2023: $32,389,095Net Income 2023: -$5,675,6302023Revenue 2024: $29,192,380Expenses 2024: $31,757,168Net Income 2024: -$2,564,7882024

Highlighted filing

2024

Revenue$29,192,380
Expenses$31,757,168
Net Income-$2,564,788
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$16,504,184
Liabilities
$145,410
Net assets
$16,358,774
Revenue
$29,192,380
Expenses
$31,757,168
Net income
-$2,564,788
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.5$0.15$16.4$29.2$31.8$2.56
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$1.40$17.8$26.7$32.4$5.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$1.31$22.0$34.0$33.5$0.43
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$1.55$23.6$28.6$35.3$6.61
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$0.84$27.7$25.8$39.4$13.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.9$0.68$39.2$40.7$35.4$5.28
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.5$0.67$30.8$34.4$32.8$1.58
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.5$1.01$29.5$30.1$28.1$2.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$0.64$26.0$29.8$27.2$2.62
2015Detailed filing. Detailed filing data is available for this year.$23.3$0.61$22.7$27.8$23.6$4.21
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$0.66$18.5$21.0$22.3$1.32
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$0.72$19.8$21.5$21.2$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$0.72$19.5$18.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$0.55$19.5$18.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$0.53$16.1$22.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$29,192,380
Mission and Program Overview

Mission

The local 7 tile industry welfare fund was organized for the primary purpose of providing health/death, and supplemental unemployment,disability benefits and vacation benefits for all eligible local#7 welfare fund members.

Providing health/death, and supplemental unemployment/disability benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,758,482$16,358,774▼ $1,399,708
Investments in Publicly Traded Securities$10,511,177$9,777,803▼ $733,374
Investments Other Securities$3,509,778$3,301,063▼ $208,715
Cash and Non-Interest-Bearing Accounts$2,802,060$2,127,080▼ $674,980
Savings and Temporary Cash Investments$2,333,872$1,298,238▼ $1,035,634
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$19,156,887$16,504,184▼ $2,652,703
Liabilities
Other Liabilities$1,392,209$145,410▼ $1,246,799
Escrow Account Liability$6,196$0▼ $6,196
Total Liabilities$1,398,405$145,410▼ $1,252,995
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,758,482$16,358,774▼ $1,399,708
Total Liabilities and Net Assets / Fund Balance$19,156,887$16,504,184▼ $2,652,703

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,301,063--
Compensation and Service Providers
Top Officer Pay44th percentile

Board Members and Trustees

NameTitle
Brandon DarmstadterTrustee
Christopher AvalloneTrustee
Joe GiordanoTrustee
Joseph AndrianoTrustee
Paurie CurristinTrustee
William HillTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Daniel H Cook Associates3rd Party Administrator253 WEST 35TH STREET 12 FLOOR, New York, NY 10001$534,169
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$28,805,967
Investment Income
$386,413
Other Revenue
$0
Change in Net Assets
$-2,564,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,192,380
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$29,192,380
Total Revenue per Form 990
$29,192,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,139,473
Salaries, Compensation, and Employee Benefits$163,630
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$30,454,065
Fees for Services Management---$534,169
Fees for Services Other---$251,515
Fees for Services Legal---$201,146
Payroll Taxes---$163,630
Fees for Service Investment Mgmnt Fees---$56,551
Fees for Services Accounting---$50,850
Office Expenses---$45,242
Total Functional Expenses$0$0$0$31,757,168

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$31,757,168
Total Expenses per Audited Statements$31,757,168
Total Expenses per Form 990$31,757,168
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Escrow Deposit Payable$140,235
Member Benefit Payable$5,175
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
No
Other officer compensation reviewed
No
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

“The governing board is presented with an electronic draft copy of the form 990 for their review and approval. Once approved by board then final form is signed and filed with the irs.”

Form 990, Part VI, Section B, Line 12

“The organization monitors all conflict of interests by requesting signed conflicts of interest statements on an annual basis by all parties affected by this issue. The trustees of the plan reveiw conflicts that are brought to their attention. If member of trustees are involved in matter they can not vote on matter.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request at the organization's office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Local 7 Tile Industry Welfare Fund
EIN
38-6829766
Phone
2125055050
Address
1040 AVENUE OF THE AMERICAS 24TH, NEW YORK, NY 10018

Signing Officer

Name
Kenneth Cook
Title
Administrator
Phone
2125055050
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Cook
Formed
2005
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
995
Volunteers
0

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
20 COMMERCE DRIVE SUITE 301, CRANFORD, NJ 07016-3618
Preparer
Peter Floersch
Phone
9082726200
Supplemental Narrative

Additional Explanations

Part XII Line 2C Explanation

“The organization has a committee that assumes responsibility for oversight of the audit and selection of the independent accountant. This process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 1B:

“The entity holds tenant security deposits, whcih upon termination of lease will be refunded.”

PART X, LINE 2:

“The plan recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the plan had no uncertain tax positions that would require financial statement recognition and/or disclosure. The plan is no longer subject to examinations by the applicable taxing jurisdictions for the years ended prior to december 31, 2020.”

Raw XML Appendix338 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING HEALTH/DEATH, AND SUPPLEMENTAL UNEMPLOYMENT/DISABILITY BENEFITS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt030454065
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DANIEL H COOK ASSOCIATES INC
IRS990/BooksInCareOfDetail/PhoneNum02125055050
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01040 AVENUE OF THE AMERICAS 24TH FL
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt02802060
IRS990/CashNonInterestBearingGrp/EOYAmt02127080
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0534169
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0253 WEST 35TH STREET 12 FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010001
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DANIEL H COOK ASSOCIATES
IRS990/ContractorCompensationGrp/ServicesDesc03RD PARTY ADMINISTRATOR
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt030454065
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0386413
IRS990/CYOtherExpensesAmt01139473
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt028805967
IRS990/CYRevenuesLessExpensesAmt0-2564788
IRS990/CYSalariesCompEmpBnftPaidAmt0163630
IRS990/CYTotalExpensesAmt031757168
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt029192380
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE LOCAL 7 TILE INDUSTRY WELFARE FUND WAS ORGANIZED FOR THE PRIMARY PURPOSE OF PROVIDING HEALTH/DEATH, AND SUPPLEMENTAL UNEMPLOYMENT,DISABILITY BENEFITS AND VACATION BENEFITS FOR ALL ELIGIBLE LOCAL#7 WELFARE FUND MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0995
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt06196
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt050850
IRS990/FeesForServicesLegalGrp/TotalAmt0201146
IRS990/FeesForServicesManagementGrp/TotalAmt0534169
IRS990/FeesForServicesOtherGrp/TotalAmt0251515
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt056551
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM HILL
IRS990/Form990PartVIISectionAGrp/PersonNm1JOE GIORDANO
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTOPHER AVALLONE
IRS990/Form990PartVIISectionAGrp/PersonNm3PAURIE CURRISTIN
IRS990/Form990PartVIISectionAGrp/PersonNm4BRANDON DARMSTADTER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH ANDRIANO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt029192380
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0386413
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0386413
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03509778
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03301063
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010511177
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09777803
IRS990/IRPDocumentCnt0324
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE LOCAL 7 TILE INDUSTRY WELFARE FUND WAS ORGANIZED FOR THE PRIMARY PURPOSE OF PROVIDING HEALTH/DEATH, AND SUPPLEMENTAL UNEMPLOYMENT,DISABILITY BENEFITS AND VACATION BENEFITS FOR ALL ELIGIBLE LOCAL#7 WELFARE FUND MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt017758482
IRS990/NetAssetsOrFundBalancesEOYAmt016358774
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01165080
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt045242
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt01392209
IRS990/OtherLiabilitiesGrp/EOYAmt0145410
IRS990/OtherOrganizationDsc0UNION HEALTH & WELFARE FUND
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0163630
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KENNETH COOK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525100
IRS990/ProgramServiceRevenueGrp/BusinessCd2525100
IRS990/ProgramServiceRevenueGrp/BusinessCd3525100
IRS990/ProgramServiceRevenueGrp/Desc0RECEIPTS FOR H&W BENEFITS
IRS990/ProgramServiceRevenueGrp/Desc1VACATION CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2RECEIPTS FOR SUPP. BENEFITS
IRS990/ProgramServiceRevenueGrp/Desc3COBRA CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021493689
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14986211
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22169718
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3156349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021493689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14986211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22169718
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3156349
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt031018019
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0196115
IRS990/PYOtherExpensesAmt01229318
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt026517350
IRS990/PYRevenuesLessExpensesAmt0-5675630
IRS990/PYSalariesCompEmpBnftPaidAmt0141758
IRS990/PYTotalExpensesAmt032389095
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026713465
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-2564788
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt017758482
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016358774
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02333872
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01298238
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt06196
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt031757168
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0140235
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ESCROW DEPOSIT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER BENEFIT PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03301063
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LIMITED PARNERSHIP
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt029192380
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENTITY HOLDS TENANT SECURITY DEPOSITS, WHCIH UPON TERMINATION OF LEASE WILL BE REFUNDED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PLAN RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE PLAN HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE PLAN IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE YEARS ENDED PRIOR TO DECEMBER 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 1B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt03301063
IRS990ScheduleD/TotalExpensesPerForm990Amt031757168
IRS990ScheduleD/TotalLiabilityAmt0145410
IRS990ScheduleD/TotalRevenuePerForm990Amt029192380
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt029192380
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt031757168
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BOARD IS PRESENTED WITH AN ELECTRONIC DRAFT COPY OF THE FORM 990 FOR THEIR REVIEW AND APPROVAL. ONCE APPROVED BY BOARD THEN FINAL FORM IS SIGNED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS ALL CONFLICT OF INTERESTS BY REQUESTING SIGNED CONFLICTS OF INTEREST STATEMENTS ON AN ANNUAL BASIS BY ALL PARTIES AFFECTED BY THIS ISSUE. THE TRUSTEES OF THE PLAN REVEIW CONFLICTS THAT ARE BROUGHT TO THEIR ATTENTION. IF MEMBER OF TRUSTEES ARE INVOLVED IN MATTER THEY CAN NOT VOTE ON MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII LINE 2C EXPLANATION
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019156887
IRS990/TotalAssetsEOYAmt016504184
IRS990/TotalAssetsGrp/BOYAmt019156887
IRS990/TotalAssetsGrp/EOYAmt016504184
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt0995
IRS990/TotalFunctionalExpensesGrp/TotalAmt031757168
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01398405
IRS990/TotalLiabilitiesEOYAmt0145410
IRS990/TotalLiabilitiesGrp/BOYAmt01398405
IRS990/TotalLiabilitiesGrp/EOYAmt0145410
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017758482
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt016358774
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt028805967
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029192380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029192380
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019156887
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016504184
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01040 AVENUE OF THE AMERICAS 24TH FL
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010018
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH COOK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02125055050
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL 7 TILE INDUSTRY WELFARE FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O DANIEL H COOK ASSOCIATES INC
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0386829766
ReturnHeader/Filer/PhoneNum02125055050
ReturnHeader/Filer/USAddress/AddressLine1Txt01040 AVENUE OF THE AMERICAS 24TH
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331374517
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 COMMERCE DRIVE SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070163618
ReturnHeader/PreparerPersonGrp/PhoneNum09082726200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER FLOERSCH
ReturnHeader/ReturnTs02025-11-13T11:17:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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