2025-11-13T02:42:53-00:00 2025-06-30 650292391 LaPadula Carlson Co 550 Biltmore Way Suite 1200 Coral Gables FL 33134 990 2024-07-01 656088549 Sheet Metal Workers Local Union No 32 Health & Welfare Fund SHEE 8008425899 2010 NW 150th Avenue STE Suite 200 Pembroke Pines FL 33028 William A Marvel Jr Chairman 8008425899 2025-11-13 true Sharon Carlson P00801942 3055299300 2025-11-13 2024 2025-03-06 01:10:19Z X William A Marvel Jr 2010 NW 150th Avenue STE Suite 200 Pembroke Pines FL 33028 8113205 false X X 1965 FL The Funds purpose is to provide health and welfare benefits to eligible participants and their dependents under terms of various collective bargaining and participating agreements between the various employers. 6 6 0 0 0 4926340 5314256 15339 94921 0 4941679 5409177 0 3931730 4366179 0 0 0 161559 183700 4093289 4549879 848390 859298 3694859 4556915 983264 16318 2711595 4540597 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 and participation agreements between various employers. false false 4549879 4549879 The Fund provides medical, prescription drug, dental, vision, and loss of time benefits to eligible participants. 4549879 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 1 0 0 false false false false false false false false X 6 6 false false false false false false false true true false false true false false false false false false X NEBA 3058160162 2010 NW 150TH AVE PEMBROKE PINES FL 33028 X ROGER L HUDSPETH TRUSTEE 001.00 X 0 0 0 WILLIAM A MARVEL JR CHAIRMAN 001.00 X 0 0 0 RICH APPLEGATE TRUSTEE 001.00 X 0 0 0 CHRISTOPHER J RITCHIE TRUSTEE 001.00 X 0 0 0 JOHN RUDISILL TRUSTEE 001.00 X 0 0 0 DANIEL VILLARRUEL SECRETARY 001.00 X 0 0 0 false false false Employer Contributions 5275997 5275997 Employee Contributions 38259 38259 5314256 97736 97736 2701213 2704028 -2815 -2815 5409177 5411992 0 0 0 4366179 4366179 0 0 0 0 0 0 74025 74025 39990 39990 18897 18897 0 7336 7336 30000 30000 0 8705 8705 0 0 0 0 0 851 851 0 0 0 353 353 Bank Charges 3543 3543 0 4549879 4549879 915467 1331855 83714 22367 801763 303778 1893915 2898915 3694859 4556915 86646 16318 896618 983264 16318 X 2711595 4540597 2711595 4540597 3694859 4556915 X 859298 73086 896618 X false true X true false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes Current Benefit Obligations X 5409177 5409177 5409177 4549879 4549879 4549879 X 2 The Trustees have evaluated the tax positions taken by the Fund and have concluded that as of June 30, 2025, 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. XII 4b Increase in benefit 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 VI, 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 8 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 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 previousy 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 adjustment, beginning net assets increased by 896,618, reflecting proper classification and correction of the prior-period reporting error.