2026-06-24T06:45:14-05:00 2025-12-31 131577780 SCHULTHEIS & PANETTIERI LLP 450 WIRELESS BLVD HAUPPAUGE NY 11788 990 2025-01-01 042509496 I U O E LOCAL 98 ENG'RS JT TNG SKL IMPRVMT SAFETY EDU APP & TNG FUND IUOE 4139983230 40 HUDSON DRIVE PO BOX 1290 SOUTHWICK MA 01077 KARA RICHOTTE FUND ADMINISTRATOR 4139983230 2026-06-24 1 VINCENT F PANETTIERI P00366812 6312734778 2025 2025-03-06 01:10:19Z KARA RICHOTTE 40 HUDSON DRIVE PO BOX 1290 SOUTHWICK MA 01077 1237168 0 X WWW.IUOELOCAL98.ORG X 1972 MA TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS. 6 6 9 0 0 0 5782 0 1175852 1172901 60845 64267 0 0 1242479 1237168 0 0 0 0 505998 518015 0 0 0 611766 575458 1117764 1093473 124715 143695 5096298 5064640 1144490 926258 3951808 4138382 TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS. 0 0 920810 1172901 TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS. 920810 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 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 3 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X KARA RICHOTTE ADMINISTRATOR 4139983230 40 HUDSON DRIVE SOUTHWICK MA 01077 DARRIN AUGER UNION TRUSTEE 1.00 4.00 X 0 0 0 DAVID KAZMIERCZAK UNION TRUSTEE/CHAIRMAN 1.00 4.00 X 0 0 0 DANIEL PRATS UNION TRUSTEE 1.00 4.00 X 0 0 0 CHRISTOPHER GAGLIARDUCCI EMPLOYER TRUSTEE/SECRETARY 1.00 4.00 X 0 0 0 JENNA RAHKONEN EMPLOYER TRUSTEE 1.00 4.00 X 0 0 0 JONATHAN PECOY EMPLOYER TRUSTEE 1.00 4.00 X 0 0 0 KARA RICHOTTE FUND ADMINISTRATOR 4.00 36.00 X 0 144703 81143 NICHOLAS GIROLAMO TRAINING DIRECTOR 40.00 0.00 X 123251 0 81143 123251 144703 162286 1 0 1 0 0 EMPLOYER CONTRIBUTIONS 237310 1101609 1101609 RENTAL INCOME FROM AFF 531120 71292 71292 1172901 64267 64267 1237168 1172901 0 64267 204394 204394 159731 159731 80076 80076 48132 48132 25682 25682 6709 6709 23000 23000 11250 11250 28705 25281 3424 5086 5086 70577 70577 1206 1206 1325 1325 51246 51246 161167 161167 43369 39089 4280 REIMB TO RELATED ORG 124000 124000 EQUIP. REPAIRS / MTNE 33510 33510 FUEL & UTILITIES 14183 14183 EDUCATIONAL COURSES 125 125 1093473 920810 172663 0 88226 98917 571357 599776 86189 75814 4655816 1542396 3261236 3113420 1089290 1176713 5096298 5064640 32826 26345 1107414 899913 4250 0 1144490 926258 X 0 0 0 0 3951808 4138382 3951808 4138382 5096298 5064640 143695 42879 0 X 0 1 X 1 0 X 919631 919631 2383486 498533 1884953 186257 116829 69428 1117961 887064 230897 48481 39970 8511 3113420 X 1268797 42879 42879 1225918 11250 11250 1237168 1082223 0 1082223 11250 11250 1093473 PART X, LINE 2: THE TRUST FUNDING THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE DATED JUNE 30, 1972, STATING THAT THE TRUST IS TAX EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX EXEMPT STATUS OF THE TRUST. THE TRUSTEES BELIEVE THAT THE PLAN, INCLUDING AMENDMENTS, IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVE THE RELATED TRUST IS TAX EXEMPT. ADDITIONALLY, THE PLAN BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025 AND 2024 IN ACCORDANCE WITH FASB ASC TOPIC 740 ''INCOME TAXES''. 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS ON LOCAL 98'S WEBSITE. SCHEDULE E, PART I, LINE 4 (B) NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE (D) NO CONTRIBUTIONS ARE SOLICITED X 0 0 0 0 0 0 0 0 0 KARA RICHOTTE FUND ADMINISTRATOR 0 144162 0 541 0 0 0 51612 0 29531 0 225846 0 0 NICHOLAS GIROLAMO TRAINING DIRECTOR 113585 0 541 0 9125 0 51612 0 29531 0 204394 0 0 0 FORM 990, SCHEDULE J, SUPPLEMENTAL INFORMATION KARA RICHOTTE RECEIVES COMPENSATION AND BENEFITS IN HER CAPACITY AS FUND ADMINISTRATOR OF THE RELATED PENSION, ANNUITY, COOPERATIVE TRUST, TRAINING AND WELFARE FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE TRAINING FUND'S PORTION OF THESE EXPENSES IS 13% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II. FORM 990, PART VI, SECTION A, LINE 7A THE PLAN IS JOINTLY ADMINISTERED BY TRUSTEES WHO ARE APPOINTED BY THE BUSINESS MANAGER OF THE UNION AND BY EMPLOYER ASSOCIATIONS. WHENEVER ANY VACANCIES OCCUR AMONG THE EMPLOYER TRUSTEES, SUCCESSOR TRUSTEES ARE APPOINTED BY THE EMPLOYER ASSOCIATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED IN COORDINATION WITH THE FUND ADMINISTRATOR WHO WORKS FULL TIME FOR THE ORGANIZATION. ONCE COMPLETE, THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS OF THE CONFLICT OF INTEREST POLICY SHALL BE PERFORMED. ANNUAL AFFIRMATIONS ARE OBTAINED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW. PARTICIPANTS MAY VIEW DOCUMENTS AT THE FUND OFFICE UPON REQUEST. IUOE LOCAL 98 HEALTH & WELFARE FUND PO BOX 1290 SOUTHWICK MA 01077 042123707 PROVIDE HEALTH CARE AND DEATH BENEFITS TO ELIGIBLE PARTIC. MA 501(C)(9) N/A N/A 0 IUOE LOCAL 98 ANNUITY FUND PO BOX 1290 SOUTHWICK MA 01077 043030313 PROVIDE RET BENEFITS TO PARTICIPANTS MA 501(A) N/A N/A 0 IUOE LOCAL 98 PENSION FUND PO BOX 1290 SOUTHWICK MA 01077 046127765 PROVIDE RET BENEFITS TO PARTICIPANTS MA 501(A) N/A N/A 0 IUOE LOCAL 98 EMPLOYERS COOP TR PO BOX 1290 SOUTHWICK MA 01077 043432489 TO IMPROVE LABOR MGMT RELATIONS, SECURE EMPLOYMENT MA 501(C)(5) N/A N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 IUOE LOCAL 98 HEALTH & WELFARE FUND P 124000 AMOUNT PAID