2023-10-30T14:30:26-05:00 2022-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2022-01-01 221538529 SHEET METAL WORKERS LOCAL 27 HEALTH AND WELFARE FUND SHEE 7329191988 PO BOX 847 FARMINGDALE NJ 077270847 CHRISTOPHER W GEORGE FUND ADMINISTRATOR 7329191988 2023-10-30 1 CHRISTOPHER GEORGE 999009999 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER W GEORGE PO BOX 847 FARMINGDALE NJ 077270847 13022323 0 X HTTP://WWW.SMWLU27.ORG/FUNDS.HTML X 1956 NJ TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ITS PARTICIPANTS. 6 3 2 0 0 0 0 0 8070259 8717610 1316582 356307 202375 385774 9589216 9459691 0 0 9520809 10253536 487164 476422 0 0 0 301565 285362 10309538 11015320 -720322 -1555629 14734898 10961042 967589 919398 13767309 10041644 TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ITS PARTICIPANTS. 0 0 THE PURPOSE OF THE FUND IS TO PROVIDE HEALTH AND WELFARE BENEFITS SUCH AS MEDICAL CARE, PRESCRIPTION BENEFITS, DENTAL, VISION CARE, LIFE INSURANCE AND DEATH BENEFITS FOR ITS PARTICIPANTS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 X TRUSTEES 7329191988 322 SQUANKUM YELLOWBROOK RD FARMINGDALE NJ 077270847 DAWN PASCALE TRUSTEE 1.00 X 0 0 0 RICHARD BONNER TRUSTEE 1.00 X 0 0 0 THOMAS DEBARTOLO UNION TRUSTEE 1.00 X 0 195820 122626 GERALD LYLE TRUSTEE 1.00 X 0 0 0 MATTHEW JOHNSON UNION TRUSTEE 1.00 X 0 158471 116103 MIKE KOLBASOWSKI UNION TRUSTEE 1.00 X 0 158471 115754 0 512762 354483 0 0 1 0 0 EMPLOYERS' CONTRIBUTIONS 525100 8373644 8373644 EMPLOYEES - COBRA 525100 343966 343966 8717610 250487 250487 3668452 3562632 105820 105820 105820 ALLOCATION TO OTHER FUNDS 900099 169771 169771 COBRA REBATE 900099 125564 125564 FORGIVENESS OF PPP LOAN 900099 42100 42100 48339 48339 385774 9459691 9103384 0 356307 10253536 224648 235473 16301 21324 64000 22779 9500 23767 40373 43207 24504 11516 8002 BANK FEES 8079 TELEPHONE EXPENSE 6001 PCORI FEE 2310 11015320 339881 409052 36782 418106 525310 934958 20482 18395 225201 225201 11516 0 13680317 8910619 120610 269912 14734898 10961042 88872 81134 878717 838264 967589 919398 X 0 0 0 0 13767309 10041644 13767309 10041644 14734898 10961042 -1555629 -2170036 0 X X 0 1 X 1 0 225201 225201 0 0 INTEREST AND DIVIDENDS 12996 ADVANCE DEPOSIT 114554 RIGHT OF USE ASSET 64301 DUE FROM RELATED FUNDS 78061 269912 BENEFIT OBLIGATIONS 773963 LEASE LIABILITIES 64301 838264 X 7097105 -2170036 -2170036 9267141 22779 169771 192550 9459691 10811788 -169771 -169771 10981559 22779 10982 33761 11015320 PART X, LINE 2: THE PLAN OBTAINED A FAVORABLE TAX DETERMINATION LETTER, IN WHICH THE INTERNAL REVENUE SERVICE STATED THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR AND THE PLAN'S TAX COUNSEL BELIEVE THAT THE PLAN IS DESIGNED AND IS CURRENTLY BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF EXPENSES TO OTHER FUNDS 169,771. PART XII, LINE 2D - OTHER ADJUSTMENTS: ALLOCATION OF EXPENSES TO OTHER FUNDS -169,771. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATIONS 10,982. X 0 0 0 THOMAS DEBARTOLO UNION TRUSTEE 0 195820 0 0 0 0 0 91606 0 31020 0 318446 0 0 MATTHEW JOHNSON UNION TRUSTEE 0 158471 0 0 0 0 0 84782 0 31321 0 274574 0 0 MIKE KOLBASOWSKI UNION TRUSTEE 0 158471 0 0 0 0 0 84674 0 31080 0 274225 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED, APPROVED AND SIGNED BY A TRUSTEE PRIOR TO FILING, AND WILL BE PRESENTED TO THE ENTIRE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR THE PARTICIPANTS OF THE FUND TO REVIEW AT THE FUND OFFICE. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR OVERSEEING THE AUDIT AND FOR THE SELECTION OF THE INDEPENDENT AUDITOR. SHEET METAL WORKERS LOCAL UNION 27 PO BOX 847 FARMINGDALE NJ 077270847 222374533 TO PROMOTE THE INTERESTS OF ITS MEMBERS NJ 501C(5) N/A 0 SHEET METAL WORKERS LOCAL 27 ANNUITY FUND PO BOX 847 FARMINGDALE NJ 077270847 222604860 TO PROVIDE ANNUITY BENEFITS TO PARTICIPANTS NJ 401(A) N/A 0 SHEET METAL WORKERS LOCAL 27 EDUCATION FUND PO BOX 847 FARMINGDALE NJ 077270847 222568877 TO PROVIDE EDUCATION BENEFITS TO PARTICIPANTS NJ 501C(3) N/A 0 SHEET METAL WORKERS LOCAL 27 SUPPLEMENTAL UNEMPLOYMENT FUND PO BOX 847 FARMINGDALE NJ 077270847 223201971 TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ITS PARTICIPANTS NJ 501C(9) N/A 0 SHEET METAL WORKERS LOCAL 27 PAC FUND PO BOX 847 FARMINGDALE NJ 077270847 TO MAKE CONTRIBUTIONS TO CANDIDATES THAT SUPPORT UNION LABOR NJ 527 N/A 0 SHEET METAL WORKERS LOCAL 27 CLUB FUND PO BOX 847 FARMINGDALE NJ 077270847 222832135 TO PROMOTE HARMONY AND GOODWILL THROUGHOUT THE MEMBERSHIP NJ 501C(7) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 SHEET METAL WORKERS LOCAL 27 ANNUITY FUND Q 28109 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 EDUCATION FUND N 11457 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 SUPPLEMENTAL UNEMPLOYMENT FUND N 9977 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL UNION 27 K 43207 LEASE AGREEMENT SHEET METAL WORKERS LOCAL 27 ANNUITY FUND N 24322 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 EDUCATION FUND Q 57137 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 EDUCATION FUND P 184754 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 SUPPLEMENTAL UNEMPLOYMENT FUND Q 36983 TIME STUDY ALLOCATION