Civic Intelligence

South Florida Hotel & Culinary Employee Welfare Fund

EIN 59-2031804 • 501(c)9 • Pembroke Pines, FL

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Profile

The Fund is a multi-employer plan established for the purpose of providing health and welfare benefits to eligible participants and their dependents under the terms of various collective bargaining agreements.

2010 NW 150th Avenue STE Suite 200Pembroke Pines, FL 33028
Siviq Scores

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

Liabilities / Assets

62nd percentile

0.09x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.09x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

58th percentile

8.3%

Higher net margin than 58% 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

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$34,928,322

Up $4,060,933 (+13%) from 2023

Liabilities

Down

$3,181,641

Down $3,973,021 (-56%) from 2023

Net Assets

Up

$31,746,681

Up $8,033,954 (+34%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin58th percentile

Revenue

Up

$34,731,815

Up $3,433,749 (+11%) from 2023

Expenses

Up

$31,853,865

Up $5,561,950 (+21%) from 2023

Net Income

Down

$2,877,950

Down $2,128,201 (-43%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

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

$40M$30M$20M$10M$0Assets 2011: $8,376,781Liabilities 2011: $3,121,837Net Assets 2011: $5,254,9442011Assets 2012: $8,857,281Liabilities 2012: $4,142,647Net Assets 2012: $4,714,6342012Assets 2013: $8,171,985Liabilities 2013: $5,035,511Net Assets 2013: $3,136,4742013Assets 2014: $7,244,491Liabilities 2014: $4,457,117Net Assets 2014: $2,787,3742014Assets 2015: $7,292,972Liabilities 2015: $5,921,000Net Assets 2015: $1,371,9722015Assets 2016: $7,366,343Liabilities 2016: $6,479,878Net Assets 2016: $886,4652016Assets 2017: $8,530,165Liabilities 2017: $7,665,681Net Assets 2017: $864,4842017Assets 2018: $11,537,430Liabilities 2018: $7,640,641Net Assets 2018: $3,896,7892018Assets 2019: $18,649,841Liabilities 2019: $9,955,449Net Assets 2019: $8,694,3922019Assets 2020: $14,708,037Liabilities 2020: $9,119,522Net Assets 2020: $5,588,5152020Assets 2021: $21,634,060Liabilities 2021: $5,770,485Net Assets 2021: $15,863,5752021Assets 2022: $25,796,622Liabilities 2022: $7,632,114Net Assets 2022: $18,164,5082022Assets 2023: $30,867,389Liabilities 2023: $7,154,662Net Assets 2023: $23,712,7272023Assets 2024: $34,928,322Liabilities 2024: $3,181,641Net Assets 2024: $31,746,6812024

Highlighted filing

2024

Assets$34,928,322
Liabilities$3,181,641
Net Assets$31,746,681
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $13,008,733Expenses 2011: $12,945,674Net Income 2011: $63,0592011Revenue 2012: $14,292,456Expenses 2012: $14,975,201Net Income 2012: -$682,7452012Revenue 2013: $16,784,614Expenses 2013: $18,174,681Net Income 2013: -$1,390,0672013Revenue 2014: $19,022,059Expenses 2014: $19,395,346Net Income 2014: -$373,2872014Revenue 2015: $21,591,374Expenses 2015: $22,936,143Net Income 2015: -$1,344,7692015Revenue 2016: $25,439,764Expenses 2016: $25,834,342Net Income 2016: -$394,5782016Revenue 2017: $29,218,150Expenses 2017: $29,374,377Net Income 2017: -$156,2272017Revenue 2018: $34,714,486Expenses 2018: $31,563,216Net Income 2018: $3,151,2702018Revenue 2019: $35,518,459Expenses 2019: $31,234,860Net Income 2019: $4,283,5992019Revenue 2020: $26,069,193Expenses 2020: $29,936,922Net Income 2020: -$3,867,7292020Revenue 2021: $28,066,603Expenses 2021: $18,304,673Net Income 2021: $9,761,9302021Revenue 2022: $27,697,523Expenses 2022: $24,638,591Net Income 2022: $3,058,9322022Revenue 2023: $31,298,066Expenses 2023: $26,291,915Net Income 2023: $5,006,1512023Revenue 2024: $34,731,815Expenses 2024: $31,853,865Net Income 2024: $2,877,9502024

Highlighted filing

2024

Revenue$34,731,815
Expenses$31,853,865
Net Income$2,877,950
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$34,928,322
Liabilities
$3,181,641
Net assets
$31,746,681
Revenue
$34,731,815
Expenses
$31,853,865
Net income
$2,877,950
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.9$3.18$31.7$34.7$31.9$2.88
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$7.15$23.7$31.3$26.3$5.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$7.63$18.2$27.7$24.6$3.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.6$5.77$15.9$28.1$18.3$9.76
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$9.12$5.59$26.1$29.9$3.87
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$9.96$8.69$35.5$31.2$4.28
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$7.64$3.90$34.7$31.6$3.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.53$7.67$0.86$29.2$29.4$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.37$6.48$0.89$25.4$25.8$0.39
2015Detailed filing. Detailed filing data is available for this year.$7.29$5.92$1.37$21.6$22.9$1.34
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.24$4.46$2.79$19.0$19.4$0.37
2013Summary only. Only limited summary data is available for this year.$8.17$5.04$3.14$16.8$18.2$1.39
2012Summary only. Only limited summary data is available for this year.$8.86$4.14$4.71$14.3$15.0$0.68
2011Summary only. Only limited summary data is available for this year.$8.38$3.12$5.25$13.0$12.9$0.06
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
$43,458,064
Mission and Program Overview

Mission

The Fund is a multi-employer plan established for the purpose of providing health and welfare benefits to eligible participants and their dependents under the terms of various collective bargaining agreements.

The Funds purpose is to provide health and welfare benefits to eligible participants and their dependents under the terms of various collectively bargained agreements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,667,427$26,751,518▲ $6,084,091
Savings and Temporary Cash Investments$7,011,165$4,892,857▼ $2,118,308
Accounts Receivable$3,188,797$3,283,947▲ $95,150
Total Assets$30,867,389$34,928,322▲ $4,060,933
Liabilities
Other Liabilities$7,120,000$3,140,000▼ $3,980,000
Accounts Payable and Accrued Expenses$34,662$41,641▲ $6,979
Total Liabilities$7,154,662$3,181,641▼ $3,973,021
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,712,727$31,746,681▲ $8,033,954
Total Net Assets Fund Balance$23,712,727$31,746,681▲ $8,033,954
Total Liabilities and Net Assets / Fund Balance$30,867,389$34,928,322▲ $4,060,933
Compensation and Service Providers
Top Officer Pay44th percentile

Board Members and Trustees

NameTitle
George GreeneTrustee
Jeremy CruzTrustee
Michael D'AngeloTrustee
Wendi WalshTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$32,828,620
Investment Income
$1,894,955
Other Revenue
$8,240
Change in Net Assets
$2,877,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$34,577,696
Revenue Not Reported on Financial Statements
$154,119
Revenue Not Reported on Form 990
$526,004
Total Revenue per Audited Statements
$35,103,700
Total Revenue per Form 990
$34,731,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,049,146
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$30,804,719--$30,804,719
Fees for Services Management$540,901--$540,901
Fees for Service Investment Mgmnt Fees$154,119--$154,119
Office Expenses$107,655--$107,655
Fees for Services Legal$86,500--$86,500
Fees for Services Other$78,000--$78,000
Fees for Services Accounting$48,081--$48,081
Other Expenses$13,556--$13,556
Insurance$11,277--$11,277
All Other Expenses$8,018--$8,018
Conferences and Meetings$1,039--$1,039
Total Functional Expenses$31,853,865$0$0$31,853,865

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$31,853,865
Expenses per Audited Statements$31,049,746
Total Expenses per Audited Statements$31,049,746
Expenses Not Reported on Financial Statements$804,119
Other Expense Adjustments$650,000
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
Federal income taxes$3,140,000
Current Benefit Obligations-
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 return is prepared by the Funds independent certified public accountants which also perform an audit of the Funds books and records. The return is then provided to the Trustees for review and signature”

Form 990, Part VI, Section C, Line 19

“As required by ERISA the Funds governing documents, policies, financial statements and tax returns are available upon written request to the Funds Administrator and requesting a copy.”

Filing and Contact Details

Filer

Filer Name
South Florida Hotel & Culinary Employee Welfare Fund
EIN
59-2031804
Phone
9542666322
Address
2010 NW 150th Avenue STE Suite 200, Pembroke Pines, FL 33028

Signing Officer

Name
Wendi Walsh
Title
Chair
Phone
9542666322
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendi Walsh
Formed
1980
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
LaPadula Carlson Co
Address
550 Biltmore Way Suite 1200, Coral Gables, FL 33134
Preparer
Sharon Carlson
Phone
3055299300
Supplemental Narrative

Additional Explanations

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

“The Fund is subject to ERISA and the Trustees conform to its regulations. Section 404 and 406 of ERISA contain strict fiduciary rules and conflicts of interest prohibitions. The Trustees monitor and enforce the Funds compliance with ERISA with the assistance of the Funds professionals.”

Form 990, Part XI, Line 9

“During the current years review, management identified a reporting error in the prior Form 990, which resulted in an understatement of net assets. In the prior filing, estimated future insurance premiums were reported as a reduction of net assets and as an increase to benefits paid. These estimated premiums represented non current liabilities and did not meet the criteria for recognition as current year expenses or liabilities under generally accepted accounting principles. Accordingly, the current Form 990 reflects a correction of this error through a prior period adjustment to beginning net assets. The adjustment removes the previuosly recorded non current liability and the related overstatement of benefits paid. This correction has no impact on current year operations, cash flows, or benefits actually paid to participants. As a result of this adjustments, beginning net assets increased by 4,630,000 reflecting the proper classification of teh prior period reporting error.”

Financial Statement Notes

X 2

“The Trustees have evaluated the tax positions taken by the Fund and have concluded that as of December 31, 2024, there are no uncertain positions taken or expected to be taken, that would require the recognition of a liability or asset or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions until the applicable statute of limitations expires however, there are currently no audits for any tax periods in progress.”

XII 4B

“Increase in obligations for current benefit coverage.”

Raw XML Appendix321 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
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IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08018
IRS990/AllOtherExpensesGrp/TotalAmt08018
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt030804719
IRS990/BenefitsToMembersGrp/TotalAmt030804719
IRS990/BooksInCareOfDetail/PersonNm0South Florida Hotel Culinary Employ
IRS990/BooksInCareOfDetail/PhoneNum09542666322
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02010 NW 150 Ave Suite 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0Pembroke Pines
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033028
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/BusinessRlnWithOrgMemInd0false
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IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
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IRS990/CompensationProcessOtherInd0false
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IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt030804719
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01894955
IRS990/CYOtherExpensesAmt01049146
IRS990/CYOtherRevenueAmt08240
IRS990/CYProgramServiceRevenueAmt032828620
IRS990/CYRevenuesLessExpensesAmt02877950
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt031853865
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt034731815
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Medical and health benefits to eligible participants and their dependents
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt031853865
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
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IRS990/FeesForServicesLegalGrp/ProgramServicesAmt086500
IRS990/FeesForServicesLegalGrp/TotalAmt086500
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0540901
IRS990/FeesForServicesManagementGrp/TotalAmt0540901
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt078000
IRS990/FeesForServicesOtherGrp/TotalAmt078000
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt0154119
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0154119
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Wendi Walsh
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael D'Angelo
IRS990/Form990PartVIISectionAGrp/PersonNm2Jeremy Cruz
IRS990/Form990PartVIISectionAGrp/PersonNm3George Greene
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0729743
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossAmountSalesAssetsGrp/OtherAmt09455992
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt020667427
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IRS990/MinutesOfCommitteesInd0true
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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0PCORI Fees
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrincipalOfficerNm0Wendi Walsh
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IRS990/ProgramServiceRevenueGrp/Desc0Employer Contributions
IRS990/ProgramServiceRevenueGrp/Desc1Participant Contributions
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IRS990/PYProgramServiceRevenueAmt030171170
IRS990/PYRevenuesLessExpensesAmt05006151
IRS990/PYTotalExpensesAmt026291915
IRS990/PYTotalRevenueAmt031298066
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02877950
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07011165
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04892857
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0804119
IRS990ScheduleD/ExpensesSubtotalAmt031049746
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0154119
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0154119
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0526004
IRS990ScheduleD/OtherExpensesNotIncludedAmt0650000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03140000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Current Benefit Obligations
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0526004
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0154119
IRS990ScheduleD/RevenueSubtotalAmt034577696
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Trustees have evaluated the tax positions taken by the Fund and have concluded that as of December 31, 2024, there are no uncertain positions taken or expected to be taken, that would require the recognition of a liability or asset or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions until the applicable statute of limitations expires however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Increase in obligations for current benefit coverage.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 4b
IRS990ScheduleD/TotalExpensesPerForm990Amt031853865
IRS990ScheduleD/TotalLiabilityAmt03140000
IRS990ScheduleD/TotalRevenuePerForm990Amt034731815
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt035103700
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt031049746
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The return is prepared by the Funds independent certified public accountants which also perform an audit of the Funds books and records. The return is then provided to the Trustees for review and signature
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Fund is subject to ERISA and the Trustees conform to its regulations. Section 404 and 406 of ERISA contain strict fiduciary rules and conflicts of interest prohibitions. The Trustees monitor and enforce the Funds compliance with ERISA with the assistance of the Funds professionals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2As required by ERISA the Funds governing documents, policies, financial statements and tax returns are available upon written request to the Funds Administrator and requesting a copy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During the current years review, management identified a reporting error in the prior Form 990, which resulted in an understatement of net assets. In the prior filing, estimated future insurance premiums were reported as a reduction of net assets and as an increase to benefits paid. These estimated premiums represented non current liabilities and did not meet the criteria for recognition as current year expenses or liabilities under generally accepted accounting principles. Accordingly, the current Form 990 reflects a correction of this error through a prior period adjustment to beginning net assets. The adjustment removes the previuosly recorded non current liability and the related overstatement of benefits paid. This correction has no impact on current year operations, cash flows, or benefits actually paid to participants. As a result of this adjustments, beginning net assets increased by 4,630,000 reflecting the proper classification of teh prior period reporting error.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IV, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt030867389
IRS990/TotalAssetsEOYAmt034928322
IRS990/TotalAssetsGrp/BOYAmt030867389
IRS990/TotalAssetsGrp/EOYAmt034928322
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt031853865
IRS990/TotalFunctionalExpensesGrp/TotalAmt031853865
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07154662
IRS990/TotalLiabilitiesEOYAmt03181641
IRS990/TotalLiabilitiesGrp/BOYAmt07154662
IRS990/TotalLiabilitiesGrp/EOYAmt03181641
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023712727
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt031746681
IRS990/TotalProgramServiceExpensesAmt031853865
IRS990/TotalProgramServiceRevenueAmt032828620
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt034731815
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030867389
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt034928322
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02010 NW 150th Avenue Suite 200
IRS990/USAddress/CityNm0Pembroke Pines
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033028
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Wendi Walsh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum09542666322
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0South Florida Hotel & Culinary Employee Welfare Fund
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0592031804
ReturnHeader/Filer/PhoneNum09542666322
ReturnHeader/Filer/USAddress/AddressLine1Txt02010 NW 150th Avenue STE Suite 200
ReturnHeader/Filer/USAddress/CityNm0Pembroke Pines
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033028
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650292391
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LaPadula Carlson Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0550 Biltmore Way Suite 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Coral Gables
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033134
ReturnHeader/PreparerPersonGrp/PhoneNum03055299300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sharon Carlson
ReturnHeader/ReturnTs02025-11-12T03:39:10-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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