2025-11-12T03:39:10-00:00 2024-12-31 650292391 LaPadula Carlson Co 550 Biltmore Way Suite 1200 Coral Gables FL 33134 990 2024-01-01 592031804 South Florida Hotel & Culinary Employee Welfare Fund SOUT 9542666322 2010 NW 150th Avenue STE Suite 200 Pembroke Pines FL 33028 Wendi Walsh Chair 9542666322 2025-11-12 true Sharon Carlson P00801942 3055299300 2025-11-12 2024 2025-03-06 01:10:19Z X Wendi Walsh 2010 NW 150th Avenue Suite 200 Pembroke Pines FL 33028 43458064 false X X 1980 FL The Funds purpose is to provide health and welfare benefits to eligible participants and their dependents under the terms of various collectively bargained agreements. 4 4 0 0 0 30171170 32828620 1126896 1894955 8240 31298066 34731815 0 25356327 30804719 0 0 0 935588 1049146 26291915 31853865 5006151 2877950 30867389 34928322 7154662 3181641 23712727 31746681 The Fund is a multi-employer plan established for the purpose of providing health and welfare benefits to eligible participants and their dependents under the terms of various collective bargaining agreements. false false 31853865 Medical and health benefits to eligible participants and their dependents 31853865 false false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true false false false X South Florida Hotel Culinary Employ 9542666322 2010 NW 150 Ave Suite 200 Pembroke Pines FL 33028 X Wendi Walsh Trustee 001.00 X 0 0 0 Michael D'Angelo Trustee 001.00 X 0 0 0 Jeremy Cruz Trustee 001.00 X 0 0 0 George Greene Trustee 001.00 X 0 0 0 false false false Employer Contributions 32805045 Participant Contributions 23575 32828620 1165212 9455992 8726249 729743 729743 8240 8240 34731815 0 0 0 30804719 30804719 0 0 0 0 0 0 540901 540901 86500 86500 48081 48081 0 154119 154119 78000 78000 0 107655 107655 0 0 0 0 0 1039 1039 0 0 0 11277 11277 PCORI Fees 13556 13556 8018 8018 31853865 31853865 7011165 4892857 3188797 3283947 20667427 26751518 30867389 34928322 34662 41641 7120000 3140000 7154662 3181641 X 23712727 31746681 23712727 31746681 30867389 34928322 X 2877950 526004 4630000 X false true X true false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes Current Benefit Obligations 3140000 3140000 X 35103700 526004 526004 34577696 154119 154119 34731815 31049746 31049746 154119 650000 804119 31853865 X 2 The Trustees have evaluated the tax positions taken by the Fund and have concluded that as of December 31, 2024, there are no uncertain positions taken or expected to be taken, that would require the recognition of a liability or asset or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions until the applicable statute of limitations expires however, there are currently no audits for any tax periods in progress. XII 4b Increase in obligations for current benefit coverage. Form 990, Part VI, Section B, Line 11b The return is prepared by the Funds independent certified public accountants which also perform an audit of the Funds books and records. The return is then provided to the Trustees for review and signature Form 990, Part IV, Section B, Line 12c The Fund is subject to ERISA and the Trustees conform to its regulations. Section 404 and 406 of ERISA contain strict fiduciary rules and conflicts of interest prohibitions. The Trustees monitor and enforce the Funds compliance with ERISA with the assistance of the Funds professionals. Form 990, Part VI, Section C, Line 19 As required by ERISA the Funds governing documents, policies, financial statements and tax returns are available upon written request to the Funds Administrator and requesting a copy. Form 990, Part XI, Line 9 During the current years review, management identified a reporting error in the prior Form 990, which resulted in an understatement of net assets. In the prior filing, estimated future insurance premiums were reported as a reduction of net assets and as an increase to benefits paid. These estimated premiums represented non current liabilities and did not meet the criteria for recognition as current year expenses or liabilities under generally accepted accounting principles. Accordingly, the current Form 990 reflects a correction of this error through a prior period adjustment to beginning net assets. The adjustment removes the previuosly recorded non current liability and the related overstatement of benefits paid. This correction has no impact on current year operations, cash flows, or benefits actually paid to participants. As a result of this adjustments, beginning net assets increased by 4,630,000 reflecting the proper classification of teh prior period reporting error.