2025-06-10T14:06:57-05:00 2024-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2024-01-01 223292075 IBEW LOCAL 351 INTE 6097048351 1113 BLACK HORSE PIKE FOLSOM NJ 08037 DANIEL COSNER BUSINESS MANAGER 6097048351 2025-06-10 1 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2024 2025-03-06 01:10:19Z DANIEL COSNER 1113 BLACK HORSE PIKE FOLSOM NJ 08037 17337403 0 X N/A X LABOR UNION 1940 NJ LOCAL UNION REPRESENTS MEMBERS IN DEALING WITH BUILDING CONTRACTORS, SETTLING GRIEVANCES, AND NEGOTIATING WAGES AND BENEFITS. 13 0 22 0 0 0 0 0 5332972 5403363 140905 437945 801368 863122 6275245 6704430 0 0 1301386 1216122 2293057 2369426 0 0 0 3570354 3947321 7164797 7532869 -889552 -828439 17094906 16672351 84147 68165 17010759 16604186 LOCAL UNION REPRESENTS MEMBERS IN DEALING WITH BUILDING CONTRACTORS, SETTLING GRIEVANCES, AND NEGOTIATING WAGES AND BENEFITS. 0 0 LOCAL UNION REPRESENTS MEMBERS IN DEALING WITH BUILDING CONTRACTORS, SETTLING GRIEVANCES, AND NEGOTIATING WAGES AND BENEFITS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 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 3 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X LOCAL UNION 351 6097048351 1113 BLACK HORSE PIKE FOLSOM NJ 08037 DANIEL COSNER BUS. MGR./FINANCIAL SEC. 40.00 X 290790 0 166574 CHARLES DELLA VECCHIA PRESIDENT/ASST. BUS. MGR. 40.00 X 252860 0 150793 ROY FOSTER ASST. BUS. MGR./E-BOARD 40.00 X 252860 0 144553 STEVEN DIMATTEO TREASURER/BUS. AGENT 40.00 X 202293 0 124622 STEPHEN GANDY BUSINESS AGENT/E-BOARD 40.00 X 202293 0 124622 JOHN GRAY BUSINESS AGENT 40.00 X 202293 0 120782 RYCK SIGNOR BUSINESS AGENT/REC. SEC. 40.00 X 202293 0 124622 HARRY HELSEL BUSINESS AGENT/E-BOARD 40.00 X 202293 0 124622 JOHN HELSEL VICE PRESIDENT 3.00 X 1297 0 0 CONRAD SCHAFFER EXECUTIVE BOARD 3.00 X 3890 0 0 DONALD MORGAN EXECUTIVE BOARD 3.00 X 3890 0 0 KEVIN MALINOWSKI EXECUTIVE BOARD 3.00 X 4320 0 0 MIKE D'ALESSANDRIS EXECUTIVE BOARD 3.00 X 3890 0 0 1825262 0 1081190 8 0 1 0 BORGATA HOTEL CASINO & SPA 1 BORGATA WAY ATLANTIC CITY NJ 08401 ANNIVERSARY EVENT 520419 MOREY'S PIERS & BEACHFRONT WATER PARKS 3501 BOARDWALK WILDWOOD NJ 08260 UNION PICNIC EVENT 160083 2 ASSESSMENTS 900099 4491876 4491876 DUES 900099 911487 911487 5403363 357327 357327 10713591 10632973 80618 80618 80618 ORGANIZER REIMBURSEMENT 900099 458500 458500 DINNER, PICNIC & GOLF EVENTS 900099 291302 291302 REIMBURSEMENT INCOME 900099 105824 105824 7496 7496 863122 6704430 6266485 0 437945 1216122 1825262 363807 31216 149141 49630 27200 17156 4448 27419 64107 360000 121131 127830 54010 PER CAPITA FEES 990543 DINNER, PICNIC & GOLF E 824392 ORGANIZER EXPENSES 458500 CONTRIBUTIONS & DONATIO 404380 416575 7532869 313985 49536 691742 414716 937583 601860 453216 335723 15635963 15872376 17094906 16672351 84147 68165 84147 68165 X 8363186 7773385 8647573 8830801 17010759 16604186 17094906 16672351 -828439 421866 0 X X 0 1 X 1 0 0 0 0 5403363 104068 47363 56705 373449 360090 13359 460066 194407 265659 335723 PERFORMANCE BOND ESCROW 54885 PAYROLL WITHHOLDINGS 13280 68165 X 7126296 421866 421866 6704430 0 6704430 7532869 0 7532869 0 7532869 PART X, LINE 2: THE LOCAL IS EXEMPT FROM THE FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(5) OF THE INTERNAL REVENUE CODE AND FILES FORM 990. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE LOCAL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE LOCAL UNION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT), THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2024. THE LOCAL HAS FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2021 TO 2024 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE LOCAL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE LOCAL BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. X 0 0 0 DANIEL COSNER BUS. MGR./FINANCIAL SEC. 290790 0 0 0 0 0 150455 0 16119 0 457364 0 0 0 CHARLES DELLA VECCHIA PRESIDENT/ASST. BUS. MGR. 252860 0 0 0 0 0 130834 0 19959 0 403653 0 0 0 ROY FOSTER ASST. BUS. MGR./E-BOARD 252860 0 0 0 0 0 130834 0 13719 0 397413 0 0 0 STEVEN DIMATTEO TREASURER/BUS. AGENT 202293 0 0 0 0 0 104663 0 19959 0 326915 0 0 0 STEPHEN GANDY BUSINESS AGENT/E-BOARD 202293 0 0 0 0 0 104663 0 19959 0 326915 0 0 0 RYCK SIGNOR BUSINESS AGENT/REC. SEC. 202293 0 0 0 0 0 104663 0 19959 0 326915 0 0 0 HARRY HELSEL BUSINESS AGENT/E-BOARD 202293 0 0 0 0 0 104663 0 19959 0 326915 0 0 0 JOHN GRAY BUSINESS AGENT 202293 0 0 0 0 0 104663 0 16119 0 323075 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 1,946 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO HAVE THE RIGHT TO VOTE AND ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS ARE SUBJECT TO THE APPROVAL OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION IS PROVIDED WITH A CLIENT COPY OF THE RETURN FOR REVIEW PURPOSES PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION WILL FURNISH COPY OF FORM 990 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 1 THE ORGANIZATIONS ACCOUNTING METHOD IS MODIFIED CASH BASIS WHICH HAS CHANGED FROM THE PREVIOUS YEAR. FORM 990, PART XII, LINE 2C THE EXECUTIVE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT AUDITORS. IBEW LOCAL 351 JATC FUND 1125 BLACK HORSE PIKE FOLSOM NJ 08037 237116450 TO PROVIDE TRAINING TO ITS MEMBERSHIP NJ 501(C)(3) N/A 0 LOCAL 351 IBEW PENSION PLAN 830 BEAR TAVERN ROAD WEST TRENTON NJ 086280230 233417366 TO PROVIDE PENSION BENEFITS NJ 401(A) N/A 0 LOCAL 351 IBEW WELFARE PLAN 830 BEAR TAVERN ROAD WEST TRENTON NJ 086280230 223235800 TO PROVIDE WELFARE BENEFITS NJ 501(C)(9) N/A 0 LOCAL 351 IBEW WELFARE AND SUPPLEMENTAL PLAN 830 BEAR TAVERN ROAD WEST TRENTON NJ 086280230 223235800 TO PROVIDE SUPPLEMENTAL GROUP HEALTH BENEFITS NJ 501(C)(9) N/A 0 LOCAL 351 IBEW SURETY PLAN 830 BEAR TAVERN ROAD WEST TRENTON NJ 086280230 223431479 TO PROVIDE ANNUITY BENEFITS NJ 401(A) N/A 0 NJ SAFETY AND TRAINING FUND PO BOX 1118 HAMMONTON NJ 080375118 232727433 TO PROVIDE SAFETY TRAINING AND PROVIDE FIRE RETARDANT CLOTHING NJ 501(C)(5) N/A 0 IBEW LOCAL UNION #351 BUILDING ASSOCIATION PO BOX 1118 HAMMONTON NJ 080375118 223309596 A HOLDING COMPANY FOR REAL PROPERTY FOR IBEW LOCAL 351 NJ 501(C)(2) N/A 0 NEW JERSEY STATE ELECTRICAL ASSOCIATION CONSTRUCTION DIVISION 1113 BLACK HORSE PIKE FOLSOM NJ 08037 521780292 TO PROVIDE A FORUM FOR ELECTRICAL WORKERS TO DISCUSS INDUSTRY ISSUES NJ 501(C)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 IBEW LOCAL UNION #351 BUILDING ASSOCIATION K 360000 CASH PAID NJ STATE ELECTRICAL WORKERS ASSOCIATION M 6000 CASH PAID IBEW LOCAL 351 JATC FUND Q 5000 CASH RECEIVED NJ STATE ELECTRICAL WORKERS ASSOCIATION Q 5044 CASH RECEIVED NEW JERSEY SAFETY TRAINING FUND Q 51853 CASH RECEIVED