2025-03-21T09:12:13-05:00 2024-12-31 611436956 NOVAK FRANCELLA LLC 40 MONUMENT RD 5TH FLR BALA CYNWYD PA 19004 990 2024-01-01 060976668 IBEW LOCAL NO 488 - JATC LOCA 2034527679 721 MAIN STREET ROUTE 25 MONROE CT 06468 DANIEL MCINERNEY TRUSTEE 2034527679 2025-03-21 1 0 LOUIS VERZELLA CPA P00360279 6106689400 2025-03-21 2024 2025-03-06 01:10:19Z DANIEL MCINERNEY 721 MAIN STREET ROUTE 25 MONROE CT 06468 538848 0 X N/A X 1961 CT TO SERVE AS A TRAINING ORGANIZATION FOR FUTURE ELECTRICIANS. 6 4 7 0 0 0 0 0 490319 486885 31349 51963 0 0 521668 538848 0 0 0 0 272685 273617 0 0 0 291994 259325 564679 532942 -43011 5906 1273174 1329005 21 0 1273153 1329005 TO SERVE AS A TRAINING ORGANIZATION FOR FUTURE ELECTRICIANS. 0 0 THE ORGANIZATION PROVIDES EDUCATION AND 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 AND TRAINING OF CURRENT JOURNEYMAN ELECTRICIANS. STATE-MANDATED CONTINUING EDUCATION PROVIDED FOR JOURNEYMAN ELECTRICIANS. OSHA TRAINING PROVIDED FOR INDIVIDUALS. FIRST AID AND 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 7 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 ANTHONY CAVALLI JATC COM LABOR 1.00 40.00 X 0 121968 72132 DANIEL MCINERNEY JATC COM LABOR/SECRETARY 2.00 40.00 X 0 141397 77066 MICHAEL MOCONYI CHAIRMAN 1.00 X 0 0 0 PATRICK LEWIS JATC COM MANAGEMENT 1.00 X 0 0 0 RASHELL OSBORNE JATC COM LABOR 1.00 X 0 0 0 WILLIE MCBRIDE JATC COM MANAGEMENT 1.00 X 0 0 0 THOMAS J SPORTINI TEACHER/DIRECTOR 40.00 X 140872 0 70558 140872 263365 219756 1 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 416650 416650 BOOK SALES AND REIMBUR 900099 49940 49940 OTHER INCOME 900099 11284 11284 SCHOOL CLASS INCOME 900099 5711 5711 APPRENTICE REGISTRATIO 900099 3300 3300 486885 43963 43963 8000 0 8000 8000 8000 538848 486885 0 51963 185921 50072 21405 16219 2400 8844 8527 2284 1876 126653 12432 610 200 3058 1179 BOOKS 56607 GENERAL SCHOOL EXPENSE 13811 JOURNEYMAN CONTINUING E 11414 APPRENTICE TRAINING AND 8470 960 532942 19538 20998 218139 124958 138584 78471 4117 60113 1022391 1113947 8989 8989 1273174 1329005 21 21 0 X 0 0 0 0 1273153 1329005 1273153 1329005 1273174 1329005 5906 49946 0 X X 0 1 X 1 0 0 1 0 80412 20299 60113 58172 58172 0 60113 X 580267 49946 49946 530321 8527 8527 538848 524415 0 524415 8527 8527 532942 PART X, LINE 2: MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND TO 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 DANIEL MCINERNEY JATC COM LABOR/SECRETARY 0 141397 0 0 0 0 0 49340 0 27726 0 218463 0 0 THOMAS J SPORTINI TEACHER/DIRECTOR 140872 0 0 0 0 0 49153 0 21405 0 211430 0 0 0 ANTHONY CAVALLI JATC COM LABOR 0 121968 0 0 0 0 0 44406 0 27726 0 194100 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 ITS FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT, AS WELL AS FOR THE 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 IBEW LOCAL 488 CHARITY FUND INC 721 MAIN STREET RTE 25 MONROE CT 06468 881093874 CHARITY FUND CT 501(C)(3) LINE 10 N/A 0 IBEW LOCAL 488 LABOR MANAGEMENT COOPERATION TRUST 721 MAIN STREET RTE 25 MONROE CT 06468 462805810 LABOR ORGANIZATION CT 501(C)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 LOCAL NO 488 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS K 126653 BOOK VALUE