2024-11-12T11:13:26-06:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 222568877 SHEET METAL WORKERS LOCAL 27 EDUCATIONAL TRUST FUND SHEE 7329191988 PO BOX 847 FARMINGDALE NJ 077270847 CHRISTOPHER W GEORGE FUND ADMINISTRATOR 7329191988 2024-11-12 1 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2023 2024-10-15 13:58:12Z CHRISTOPHER W GEORGE PO BOX 847 FARMINGDALE NJ 077270847 1478657 0 X HTTP://WWW.SMWLU27.ORG/FUNDS.HTML X 1984 NJ EDUCATION AND TRAINING OF UNION APPRENTICES AND PARTICIPANTS. 6 3 13 0 0 0 0 0 960227 1070841 16919 26143 414468 381673 1391614 1478657 0 0 0 0 892407 952542 0 0 0 409932 412998 1302339 1365540 89275 113117 1844597 2068726 373613 408956 1470984 1659770 TO PROVIDE EDUCATIONAL PROGRAMS AND INSTRUCTION FOR JOURNEYMEN AND APPRENTICES ACCEPTED INTO THE APPRENTICE PROGRAM. 0 0 1365540 1452514 THE PURPOSE OF THE FUND IS TO PROVIDE A MANDATORY 5 YEAR CURRICULUM FOR APPRENTICES ACCEPTED INTO THE APPRENTICE PROGRAM AND TO PROVIDE CONTINUING EDUCATION AND INSTRUCTION TO JOURNEYMEN TO ENSURE THAT ALL PARTICIPANTS HAVE THE BEST POSSIBLE TRAINING. 1365540 1 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 0 0 1 0 0 0 1 2 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 X TRUSTEES 7329191988 322 SQUANKUM-YELLOWBROOK RD FARMINGDALE NJ 077270847 ANDY RIKER TRUSTEE 1.00 X 0 0 0 GERARD EZYSKE TRUSTEE 1.00 X 0 0 0 GERARD HOGAN III TRUSTEE 1.00 X 0 0 0 THOMAS DEBARTOLO UNION TRUSTEE 1.00 X 0 200800 117890 JOHNNIE WHITTINGTON UNION TRUSTEE 1.00 X 0 162463 111422 MIKE KOLBASOWSKI UNION TRUSTEE 1.00 X 0 162463 111422 CHRIS GEORGE FUND ADMINISTRATOR 40.00 X 178177 23163 148262 JOHN ESPINOS TRAINING DIRECTOR 40.00 X 178177 0 148262 356354 548889 637258 2 0 1 0 0 EMPLOYER CONTRIBUTIONS 525100 1070841 1070841 1070841 26143 26143 ALLOCATION TO OTHER FU 900099 323619 323619 GRANT INCOME 525100 52000 52000 MISCELLANEOUS INCOME 900099 3463 3463 2591 2591 381673 1478657 1452514 0 26143 356354 356354 175975 175975 160538 160538 215141 215141 44534 44534 17254 17254 23603 23603 3598 3598 7221 7221 12262 12262 152041 152041 22986 22986 10017 10017 69807 69807 28542 28542 TOOLS & SUPPLIES 59326 59326 DRUG TESTING 4446 4446 APPRENTICE CONTEST 1225 1225 DUES & LICENSES 670 670 1365540 1365540 0 0 461496 732371 77749 103059 163893 145807 14063 5091 1218340 880821 325483 337519 603596 644556 198317 100323 1844597 2068726 88579 46424 285034 362532 373613 408956 X 0 0 0 0 1470984 1659770 1470984 1659770 1844597 2068726 113117 75669 0 X X 0 1 X 1 0 X 484923 313413 171510 733417 567408 166009 337519 CONTRACTORS ATF PAYABLE 229469 DUE TO RELATED PARTIES 34069 LEASE LIABILITIES 98994 362532 X 1227109 75669 75669 1151440 3598 323619 327217 1478657 1038323 -323619 -323619 1361942 3598 3598 1365540 PART X, LINE 2: THE PLAN OBTAINED ITS LATEST DETERMINATION LETTER ON AUGUST 25, 2020, IN WHICH THE INTERNAL REVENUE SERVICE (IRS) STATES THAT THE PLAN, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND 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 IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. 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 PART XII, LINE 2D - OTHER ADJUSTMENTS: ALLOCATION OF EXPENSES TO OTHER FUNDS X 0 0 0 0 0 0 0 0 0 CHRIS GEORGE FUND ADMINISTRATOR 178177 23163 0 0 0 0 62496 0 85766 0 326439 23163 0 0 JOHN ESPINOS TRAINING DIRECTOR 178177 0 0 0 0 0 62496 0 85766 0 326439 0 0 0 THOMAS DEBARTOLO UNION TRUSTEE 0 200800 0 0 0 0 0 87026 0 30864 0 318690 0 0 JOHNNIE WHITTINGTON UNION TRUSTEE 0 162463 0 0 0 0 0 80558 0 30864 0 273885 0 0 MIKE KOLBASOWSKI UNION TRUSTEE 0 162463 0 0 0 0 0 80558 0 30864 0 273885 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 XI, 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 MEMBERS NJ 401(A) N/A 0 SHEET METAL WORKERS LOCAL 27 HEALTH & WELFARE FUND PO BOX 847 FARMINGDALE NJ 077270847 221538529 TO PROVIDE HEALTH WELFARE BENEFITS TO MEMBERS NJ 501C(9) 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 MEMBERS. NJ 501C(9) N/A 0 SHEET METAL WORKERS LOCAL 27 PAC FUND PO BOX 847 FARMINGDALE NJ 077270847 TO PROVIDE 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 UNION 27 K 106063 LEASE AGREEMENT SHEET METAL WORKERS LOCAL 27 HEALTH & WELFARE FUND N 58456 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 HEALTH & WELFARE FUND P 13427 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 ANNUITY FUND Q 54504 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 HEALTH & WELFARE FUND Q 190765 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL 27 SUPPLEMENTAL UNEMPLOYMENT FUND Q 30659 TIME STUDY ALLOCATION SHEET METAL WORKERS LOCAL UNION 27 Q 47691 TIME STUDY ALLOCATION