2024-04-17T14:22:32-05:00 2023-12-31 611436956 NOVAK FRANCELLA LLC 40 MONUMENT RD 5TH FLR BALA CYNWYD PA 19004 990 2023-01-01 060976668 IBEW LOCAL NO 488 - JATC LOCA 2034527679 721 MAIN STREET ROUTE 25 MONROE CT 06468 DANIEL MCINERNEY TRUSTEE 2034527679 2024-04-17 1 DANIEL MCINERNEY 999009999 0 LOUIS VERZELLA CPA P00360279 6106689400 2024-04-10 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DANIEL MCINERNEY 721 MAIN STREET ROUTE 25 MONROE CT 06468 521668 0 X N/A X 1961 CT TO SERVE AS A TRAINING ORGANIZATION FOR FUTURE ELECTRICIANS. 6 4 9 0 0 0 0 0 483280 490319 24290 31349 6799 0 514369 521668 4200 0 0 0 261440 272685 0 0 0 260276 291994 525916 564679 -11547 -43011 1270203 1273174 1474 21 1268729 1273153 TO SERVE AS A TRAINING ORGANIZATION FOR FUTURE ELECTRICIANS. 0 0 THE ORGANIZATION PROVIDES EDUCATION & TRAINING OF INDIVIDUALS SERVING THEIR APPRENTICESHIP AS ELECTRICIANS. APPRENTICESHIP TRAINING PROVIDED FOR 68 INDIVIDUALS AT VARIOUS STAGES OF THEIR 5 YEAR PROGRAM. THE ORGANIZATION PROVIDES CONTINUING EDUCATION & TRAINING OF CURRENT JOURNEYMAN ELECTRICIANS. STATE MANDATED CONTINUING EDUCATION PROVIDED FOR JOURNEYMAN ELECTRICIANS. OSHA TRAINING PROVIDED FOR INDIVIDUALS. FIRST AID & CPR TRAINING PROVIDED FOR MEMBERS. PROVIDED A WEEK OF TRAINING FOR TEACHERS AND APPRENTICES AT THE NATIONAL TRAINING INSTITUTE. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 2 0 9 1 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X THOMAS SPORTINI 2034527679 721 MAIN STREET MONROE CT 06468 MICHAEL MOCONYI CHAIRMAN 1.00 X 0 0 0 WILLIE MCBRIDE JATC COM MANAGEMENT 1.00 X 0 0 0 PATRICK LEWIS JATC COM MANAGEMENT 1.00 X 0 0 0 DANIEL MCINERNEY JATC COM LABOR/SECRETARY 2.00 40.00 X 1822 134175 70670 RASHELL OSBORNE JATC COM LABOR 1.00 X 0 0 0 ANTHONY CAVALLI JATC COM LABOR 1.00 40.00 X 0 116597 65925 THOMAS J SPORTINI TEACHER/DIRECTOR 40.00 X 132759 0 78101 134581 250772 214696 1 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 422705 422705 BOOK SALES AND REIMBUR 900099 47975 47975 OTHER INCOME 900099 9614 9614 SCHOOL CLASS INCOME 900099 5675 5675 APPRENTICE REGISTRATIO 900099 4350 4350 490319 31349 31349 521668 490319 0 31349 1877 176048 55202 24495 15063 2400 8586 7970 3450 189 144627 15659 6551 200 11373 1005 BOOKS 56894 GENERAL SCHOOL EXPENSE 15583 APPRENTICE TRAINING AND 8360 MISCELLANEOUS EXPENSE 4223 4924 564679 78902 19538 63460 218139 131325 127208 12596 4117 1106256 1022391 8989 8989 1270203 1273174 1474 21 1474 21 X 0 0 0 0 1268729 1273153 1268729 1273153 1270203 1273174 -43011 47435 0 X X 0 1 X 1 0 0 1 0 73153 69036 4117 58172 58172 0 4117 X 561133 47435 47435 513698 7970 7970 521668 556709 0 556709 7970 7970 564679 PART X, LINE 2: MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND 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 FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, TAX YEARS WILL REMAIN OPEN FOR THREE YEARS; HOWEVER, THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE FUND. 0 0 0 THOMAS J SPORTINI TEACHER/DIRECTOR 132759 0 0 0 0 0 53606 0 24495 0 210860 0 0 0 DANIEL MCINERNEY JATC COM LABOR/SECRETARY 1822 134175 0 0 0 0 0 49539 55 21076 1877 204790 0 0 ANTHONY CAVALLI JATC COM LABOR 0 116597 0 0 0 0 0 44849 0 21076 0 182522 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE IBEW LOCAL NO. 488 - JATC'S FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT. THE FORM IS THEN PRESENTED AND REVIEWED BY THE DIRECTOR AND SIGNING TRUSTEE FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 COPIES MADE AVAILABLE UPON TELEPHONE OR WRITTEN REQUEST. FORM 990. PART XII, LINE 1: THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING TO PREPARE THEIR FINANCIAL STATEMENTS. FORM 990. PART XII, LINE 2C: THE ORGANIZATIONS BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT, ALONG WITH SELECTION OF THE INDEPENDENT ACCOUNTANT. LOCAL NO 488 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 721 MAIN STREET ROUTE 25 MONROE CT 06468 060400910 LABOR UNION CT 501(C)(5) N/A 0 LOCAL UNION 488 IBEW BUILDING CORPORATION 721 MAIN STREET ROUTE 25 MONROE CT 06468 261560789 HOLDING CORPORATION FOR LOCAL HEADQUARTERS & TRAINING FACILITY CT 501(C)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 LOCAL UNION 488 IBEW BUILDING CORPORATION K 144627 BOOK VALUE