2024-09-30T14:46:32-05:00 2023-12-31 611436956 NOVAK FRANCELLA LLC 40 MONUMENT RD 5TH FLR BALA CYNWYD PA 19004 990 2023-01-01 132575626 WELFARE FUND TEAMSTERS LOCAL 237 IBT GEN ACCT TEAM 2129242000 216 WEST 14TH ST NEW YORK NY 10011 GREGORY FLOYD TRUSTEE 2129242000 2024-09-30 1 0 LOUIS VERZELLA CPA P00360279 6106689400 2024-09-30 2023 2024-10-15 13:58:12Z GREGORY FLOYD 216 WEST 14TH ST NEW YORK NY 10011 58941263 0 X WWW.LOCAL237.ORG X 1964 NY TO PROVIDE VARIOUS WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS. 7 0 55 0 0 0 0 0 42386785 42839813 493847 1116750 216422 -979001 43097054 42977562 0 0 33160611 34857209 3797957 3804453 0 0 0 1249757 1484253 38208325 40145915 4888729 2831647 73608924 80961865 8616029 7551921 64992895 73409944 TO PROVIDE DENTAL, DRUG, OPTICAL, LEGAL, DEATH, DISABILITY AND CERTAIN OTHER BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY THE CITY EMPLOYEES LOCAL UNION 237 I.B.T. 0 0 THE FUND PROVIDED DENTAL, DRUG, OPTICAL, LEGAL, DEATH, DISABILITY AND CERTAIN OTHER BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY THE CITY EMPLOYEES LOCAL UNION 237 I.B.T. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 5 0 55 1 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X GREGORY FLOYD TRUSTEE CHAIRMAN 2129242000 216 WEST 14TH STREET NEW YORK NY 10011 RUBEN TORRES TRUSTEE 0.50 40.00 X 0 178804 12335 JEANETTE TAVERAS TRUSTEE 0.50 40.00 X 0 191510 37785 GREGORY FLOYD TRUSTEE 0.50 40.00 X 0 218135 18153 DONALD ARNOLD TRUSTEE 0.50 40.00 X 0 249126 17560 DEBBIE A COLEMAN TRUSTEE 0.50 40.00 X 0 71122 0 CURTIS SCOTT TRUSTEE 0.50 40.00 X 0 178259 48588 AYANA A ALI TRUSTEE (P) 0.50 40.00 X 0 0 0 DEREK JACKSON TRUSTEE 0.50 40.00 X 0 191186 20974 MITCHELL GOLDBERG DIRECTOR 17.00 18.00 X 184990 0 60965 SHELDON PROCTOR DEPUTY DIRECTOR 36.00 4.00 X 169423 0 56437 ANTHONY MORANO CIO 40.00 X 193490 0 5384 MARY SHERIDAN CHIEF ATTORNEY 40.00 X 204754 0 121780 SARA WAGNER ASST DIRECTOR LEGAL 40.00 X 150979 0 86326 903636 1278142 486287 5 0 1 0 HEALTHPLEX 333 EARL OVINGTON BLVD SUITE 300 UNIONDALE NY 11533 DENTAL CLAIMS ADMINISTRATOR 671546 THE STACEY BRAUN ASSOCIATES INC 377 BROADWAY NEW YORK NY 10013 FINANCIAL CONSULTANT 240384 STROOCK STROOCK & LAVAN LLP 180 MAIDEN LANE NEW YORK NY 10038 ATTORNEY 185605 3 EMPLOYER CONTRIBUTIONS 900099 42833489 42833489 COBRA CONTRIBUTIONS 900099 6324 6324 42839813 1754235 1754235 883369 2117005 -1233636 -1233636 -1233636 13209211 13846696 -637485 -637485 -637485 EXPENSE REIMBURSEMENTS 900099 242278 242278 OTHER INCOME 900099 12357 12357 254635 42977562 43094448 0 -116886 34857209 245804 1957870 706976 669106 224697 185605 72000 299894 110574 142000 121640 14557 39355 118074 81481 REPAIRS AND MAINTENANCE 123650 FEES MANDATED BY THE AF 115120 EXPENSES ALLOCATED FROM 60303 40145915 2727289 1107795 8748248 10625005 10251001 11758427 115003 128102 14704847 11628769 3340638 3076078 48426745 54266458 73608924 80961865 487407 488601 8128622 7063320 8616029 7551921 X 0 0 0 0 64992895 73409944 64992895 73409944 73608924 80961865 X 2831647 4338781 1246621 X X 0 1 X 1 0 117000 117000 10776399 8191862 2584537 1446138 1441675 4463 2365310 1995232 370078 3076078 ESCROW ACCOUNT LIABILITY, LEGAL SERVICE BENEFIT 132407 ACCUMULATED POSTRETIREMENT BENEFITS OTHER THAN PENSION 6930913 7063320 X 48007807 4338781 1233636 5572417 42435390 299894 242278 542172 42977562 40837379 1233636 1233636 39603743 299894 242278 542172 40145915 PART X, LINE 2: THE PLAN OBTAINED ITS LATEST EXEMPTION LETTER DURING JUNE 1964 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 AND WAS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(9). THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE EXEMPTION LETTER. THE PLAN'S ADMINISTRATOR AND THE PLAN'S COUNSEL BELIEVE THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. 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 IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, PLAN TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE PLAN. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET RENTAL EXPENSES 1,233,636. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSE REIMBURSEMENTS 242,278. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET RENTAL EXPENSES 1,233,636. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE REIMBURSEMENTS 242,278. 0 0 0 MARY SHERIDAN CHIEF ATTORNEY 204754 0 0 0 0 0 102050 0 19730 0 326534 0 0 0 DONALD ARNOLD TRUSTEE 0 249126 0 0 0 0 0 17560 0 0 0 266686 0 0 MITCHELL GOLDBERG DIRECTOR 184990 0 0 0 0 0 28359 0 32606 0 245955 0 0 0 SARA WAGNER ASST DIRECTOR LEGAL 150979 0 0 0 0 0 53720 0 32606 0 237305 0 0 0 GREGORY FLOYD TRUSTEE 0 218135 0 0 0 0 0 18153 0 0 0 236288 0 0 JEANETTE TAVERAS TRUSTEE 0 191510 0 0 0 0 0 14696 0 23089 0 229295 0 0 CURTIS SCOTT TRUSTEE 0 178259 0 0 0 0 0 8948 0 39640 0 226847 0 0 SHELDON PROCTOR DEPUTY DIRECTOR 169423 0 0 0 0 0 23831 0 32606 0 225860 0 0 0 DEREK JACKSON TRUSTEE 0 191186 0 0 0 0 0 18604 0 2370 0 212160 0 0 ANTHONY MORANO CIO 193490 0 0 0 0 0 4804 0 580 0 198874 0 0 0 RUBEN TORRES TRUSTEE 0 178804 0 0 0 0 0 12335 0 0 0 191139 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE FUND HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FUND'S 990 IS PREPARED BY ITS OUTSIDE AUDITOR AND IS SUBMITTED AND REVIEWED WITH THE CONTROLLER. THE CONTROLLER THEN REVIEWS THE TAX RETURN WITH THE CHAIRPERSON OF THE BOARD OF TRUSTEES. A COPY OF THE 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS AND STAFF SALARIES ARE SET BY DEPARTMENT DIRECTORS AND APPROVED BY THE BOARD OF TRUSTEES APPOINTED BY THE UNION. INCREASES ARE EQUIVALENT TO UNION SALARY INCREASES PURSUANT TO THE COLLECTIVE BARGAINING CONTRACT IN FORCE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND CAN BE EXAMINED AT THE FUND OFFICE. FORM 990, PART XI, LINE 9: POSTRETIREMENT BENEFIT ADJ OTHER THAN NET PERIODIC PENSION COST 1,755,233. POSTRETIREMENT BENEFIT ADJ OTHER THAN NET PERIODIC POSTRETIREMENT BEN COST -508,612. FORM 990 PART XII LINE 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. CITY EMPLOYEES UNION LOCAL 237 IBT 216 WEST 14TH STREET NEW YORK NY 10011 135616651 PROVIDE ASSISTANCE TO MEMBERS IN LABOR RELATED MATTERS NY 501(C)(5) N/A N/A 0 TEAMSTERS LOCAL 237 TRAINING AND EDUCATIONAL FUND 216 WEST 14TH STREET NEW YORK NY 10011 133017119 PROVIDE TRAINING AND EDUCATIONAL BENEFITS TO ELIGIBLE MEMBERS NY 501(C)(3) N/A N/A 0 TEAMSTERS LOCAL 237 RETIREES' BENEFIT FUND 216 WEST 14TH STREET NEW YORK NY 10011 136701607 PROVIDE WELFARE BENEFITS TO RETIREES NY 501(C)(9) N/A N/A 0 TEAMSTERS LOCAL 237 ADDITIONAL SECURITY BENEFIT FUND 216 WEST 14TH STREET NEW YORK NY 10011 132867113 PROVIDE PENSION BENEFITS TO ELIGIBLE MEMBERS NY 401(A) N/A N/A 0 TEAMSTERS LOCAL 237 SUPPLEMENTAL FUND FOR HOUSING AUTHORITY EMPLOYEES 216 WEST 14TH STREET NEW YORK NY 10011 133632883 PROVIDE PENSION BENEFITS TO ELIGIBLE MEMBERS NY 401(A) N/A N/A 0 LOCAL 237 TEAMSTERS TOWN OF ISLIP HEALTH & WELFARE FUND 216 WEST 14TH STREET NEW YORK NY 10011 237353516 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS NY 501(C)(9) N/A N/A 0 LOCAL 237 TEAMSTERS TOWN OF BABYLON HEALTH & WELFARE TRUST FUND 216 WEST 14TH STREET NEW YORK NY 10011 237353525 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS NY 501(C)(9) N/A N/A 0 LOCAL 237 TEAMSTERS SUFFOLK REGIONAL OFFTRACK BETTING CORP H&W TRUST FUND 216 WEST 14TH STREET NEW YORK NY 10011 132900165 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS NY 501(C)(9) N/A N/A 0 LOCAL 237 TEAMSTERS NORTH BABYLON SCHOOL DISTRICT H&W TRUST FUND 216 WEST 14TH STREET NEW YORK NY 10011 132953328 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS NY 501(C)(9) N/A N/A 0 LOCAL 237 TEAMSTERS PLAINVIEW - OLD BETHPAGE CTR SCHOOL DISTRICT H&W TRUST 216 WEST 14TH STREET NEW YORK NY 10011 237442262 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS NY 501(C)(9) N/A N/A 0 LOCAL 237 TEAMSTERS BRENTWOOD SCHOOL DISTRICT H&W TRUST FUND 216 WEST 14TH STREET NEW YORK NY 10011 237378882 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS NY 501(C)(9) N/A N/A 0 TEAMSTERS LOCAL 237 SAVINGS AND INVESTMENT PLAN AND TRUST 216 WEST 14TH STREET NEW YORK NY 10011 135616651 PROVIDE PENSION BENEFITS TO ELIGIBLE MEMBERS NY 401(A) N/A N/A 0 TEAMSTERS LOCAL 237 WELFARE FUND PENSION PLAN 216 WEST 14TH STREET NEW YORK NY 10011 132575626 PROVIDE PENSION BENEFITS TO ELIGIBLE MEMBERS NY 401(A) N/A N/A 0 TEAMSTERS LOCAL 237 ADMINISTRATIVE FUND 216 WEST 14TH STREET NEW YORK NY 10011 476794596 ADMINISTER FUNDS OF AFFILIATES NY 501(C)(5) N/A N/A 0 NEW YORK CITY OFFICE OF LABOR RELATIONS 22 CORTLANDT STREET FL 12-14 NEW YORK NY 10007 MUNICIPAL GOVERNMENT AGENCY NY N/A N/A 0 NEW YORK CITY HOUSING AUTHORITY 90 CHURCH STREET NEW YORK NY 10007 MUNICIPAL GOVERNMENT AGENCY NY N/A N/A 0 NEW YORK CITY HEALTH AND HOSPITALS CORPORATION 50 WATER ST FL 3 NEW YORK NY 100046010 132655001 PUBLIC BENEFIT CORPORATION NY 501(C)(3) N/A N/A 0 CITY UNIVERSITY OF NEW YORK 205 EAST 42ND STREET NEW YORK NY 10017 EDUCATIONAL INSTITUTION NY N/A N/A 0 NEW YORK CITY DEPARTMENT OF EDUCATION 52 CHAMBERS STREET NEW YORK NY 10007 112302049 MUNICIPAL GOVERNMENT AGENCY NY 501(C)(3) N/A N/A 0 LOCAL UNION 621 PROVIDE ASSISTANCE TO MEMBERS IN LABOR RELATED MATTERS NY N/A N/A 0 NEW YORK CONVENTION CENTER OPERATING CORPORATION 655 W 34TH ST NEW YORK NY 10001 132912529 PUBLIC BENEFIT CORPORATION NY N/A N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 TEAMSTERS LOCAL 237 SUPPLEMENTAL FUND FOR HOUSING AUTHORITY EMPLOYEES Q 107307 FMV TEAMSTERS LOCAL 237 RETIREES' BENEFIT FUND Q 1345979 FMV TEAMSTERS LOCAL 237 ADDITIONAL SECURITY BENEFIT FUND Q 466082 FMV CITY EMPLOYEES UNION LOCAL 237 IBT P 1180694 FMV TEAMSTERS LOCAL 237 ADMINISTRATIVE FUND S 6527216 FMV