IUOE LOCAL 4 HEALTH & WELFARE PLAN

Address
16 TROTTER DRIVE
MEDWAY, MA 02053
Contact
Phone: +1 (508) 533-1400
Nonprofit
NTEE: Y43 - Voluntary Employees Beneficiary Associations (Non-Government)
EIN: 04-6040880

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS
 20162015201420132012
Basic features of the organization
Year of formation1957
Subsection code09
PF filing required0    
Metropolitan statistical area1123
Form of organization
CorporationTrue
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$272,124.00$229,345.00$244,115.00$241,196.00 
Sum of reportable (W2/1099) compensation$272,124.00$229,345.00$198,570.00$187,933.00$140,420.00
Number of employees6068246626
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors1233 
Personnel
Alongi, Gina
TitleADMINISTRATORADMINISTRATORADMINISTRATORADMINISTRATORADMINISTRATOR
Name of key/compensated personGINA ALONGIGINA ALONGIGINA ALONGIGINA ALONGIGINA ALONGI
Position of compensated person
Current key employee (> $150k)TrueTrueTrueTrueTrue
Average hours per week working for org7.507.5016.0016.0012.00
Reportable compensation from org$74,625.00$71,139.00$86,550.00$80,923.00$58,522.00
Breakdown of reportable comp
Base reportable compensation from org$74,625.00$71,139.00$86,550.00$80,923.00$58,522.00
Bonus and incentive reportable compensation$0.00$0.00$0.00$0.00$0.00
Other reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Retirement and other deferred compensation$15,284.00$13,798.00$17,133.00$15,813.00$0.00
Nontaxable benefits from org$3,426.00$3,369.00$4,283.00$4,158.00$0.00
Compensation from org previously reported as deferred$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$56,800.00$53,000.00$52,000.00$49,951.00$47,290.00
Sum of all compensation from org$93,335.00$88,306.00$107,966.00$100,894.00$58,522.00
Corresponding comp from related orgs
Reportable compensation from related orgs $148,886.00$148,494.00$123,601.00$121,485.00$135,324.00
Average hours per week working for related orgs32.5032.5024.0024.0028.00
Alongi, Rosemarie
TitleEMPLOYEEEMPLOYEE   
Name of key/compensated personROSEMARIE ALONGIROSEMARIE ALONGI   
Position of compensated person
Average hours per week working for org7.507.50   
Reportable compensation from org$33,129.00$32,777.00   
Other comp, non-reportable, from org and related orgs$48,208.00$44,680.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $67,444.00$68,418.00   
Average hours per week working for related orgs32.5032.50   
Catalano, Nino
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personNINO CATALANONINO CATALANONINO CATALANO  
Position of compensated person
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Diminico, Paul
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personPAUL DIMINICOPAUL DIMINICOPAUL DIMINICOPAUL DIMINICOPAUL DIMINICO
Position of compensated person
Average hours per week working for org1.001.001.005.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Fantini, David
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personDAVID FANTINIDAVID FANTINIDAVID FANTINIDAVID FANTINIDAVID FANTINI
Position of compensated person
Average hours per week working for org1.001.001.005.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Geiman, Greg
TitleEMPLOYEEEMPLOYEEEMPLOYEEEMPLOYEEEMPLOYEE
Name of key/compensated personGREG GEIMANGREG GEIMANGREG GEIMANGREG GEIMANGREG GEIMAN
Position of compensated person
Average hours per week working for org7.507.5016.0016.0012.00
Reportable compensation from org$52,856.00$50,207.00$61,078.00$57,321.00$43,135.00
Breakdown of reportable comp
Base reportable compensation from org$52,856.00$50,207.00$61,078.00$57,321.00 
Bonus and incentive reportable compensation$0.00$0.00$0.00$0.00 
Other reportable compensation from org$0.00$0.00$0.00$0.00 
Retirement and other deferred compensation$12,544.00$11,103.00$13,706.00$12,491.00 
Nontaxable benefits from org$3,426.00$3,369.00$4,283.00$4,158.00 
Compensation from org previously reported as deferred$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$48,480.00$44,680.00$43,680.00$41,640.00$38,810.00
Sum of all compensation from org$68,826.00$64,679.00$79,067.00$73,970.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $107,605.00$104,801.00$87,224.00$86,052.00$99,744.00
Average hours per week working for related orgs32.5032.5024.0024.0028.00
Koufos, Alan
TitleEMPLOYEEEMPLOYEEEMPLOYEEEMPLOYEEEMPLOYEE
Name of key/compensated personALAN KOUFOSALAN KOUFOSALAN KOUFOSALAN KOUFOSALAN KOUFOS
Position of compensated person
Average hours per week working for org7.507.5016.0016.0012.00
Reportable compensation from org$43,419.00$41,795.00$50,942.00$49,689.00$38,763.00
Breakdown of reportable comp
Base reportable compensation from org$43,419.00$41,795.00$50,942.00$49,689.00 
Bonus and incentive reportable compensation$0.00$0.00$0.00$0.00 
Other reportable compensation from org$0.00$0.00$0.00$0.00 
Retirement and other deferred compensation$12,544.00$11,103.00$13,706.00$12,485.00 
Nontaxable benefits from org$3,426.00$3,369.00$4,283.00$4,158.00 
Compensation from org previously reported as deferred$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$48,480.00$44,680.00$43,680.00$41,627.00$38,810.00
Sum of all compensation from org$59,389.00$56,267.00$68,931.00$66,332.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $88,394.00$87,243.00$72,750.00$74,594.00$89,633.00
Average hours per week working for related orgs32.5032.5024.0024.0028.00
Kurtz, Alice
TitleEMPLOYEE    
Name of key/compensated personALICE KURTZ    
Position of compensated person
Average hours per week working for org7.50    
Reportable compensation from org$33,071.00    
Other comp, non-reportable, from org and related orgs$48,480.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $67,326.00    
Average hours per week working for related orgs32.50    
Rasetta, Louis
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personLOUIS RASETTALOUIS RASETTALOUIS RASETTALOUIS RASETTALOUIS RASETTA
Position of compensated person
Average hours per week working for org1.001.001.005.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Reger, Jim
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personJIM REGERJIM REGERJIM REGERJIM REGERJIM REGER
Position of compensated person
Average hours per week working for org1.001.001.005.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Shaughnessy, John
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personJOHN SHAUGHNESSY JRJOHN SHAUGHNESSY JRJOHN SHAUGHNESSY JRJOHN SHAUGHNESSY JRJOHN SHAUGHNESSY JR
Position of compensated person
Average hours per week working for org1.001.001.005.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Shea, David
Title    TRUSTEE
Name of key/compensated person    DAVID SHEA
Position of compensated person
Average hours per week working for org    10.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
White, Peter
Title   TRUSTEE 
Name of key/compensated person   PETER WHITE 
Position of compensated person
Average hours per week working for org   5.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Zaccardi, Rebecca
TitleEMPLOYEEEMPLOYEE   
Name of key/compensated personREBECCA ZACCARDIREBECCA ZACCARDI   
Position of compensated person
Average hours per week working for org7.507.50   
Reportable compensation from org$35,024.00$33,427.00   
Breakdown of reportable comp
Base reportable compensation from org$35,024.00    
Bonus and incentive reportable compensation$0.00    
Other reportable compensation from org$0.00    
Retirement and other deferred compensation$12,544.00    
Nontaxable benefits from org$3,426.00    
Compensation from org previously reported as deferred$0.00    
Other comp, non-reportable, from org and related orgs$48,480.00$44,680.00   
Sum of all compensation from org$50,994.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $71,302.00$69,775.00   
Average hours per week working for related orgs32.5032.50   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE HEALTH AND WELFARE BENEFITSTO PROVIDE HEALTH AND WELFARE BENEFITSTO PROVIDE HEALTH AND WELFARE BENEFITSTO PROVIDE HEALTH AND WELFARE BENEFITSTO PROVIDE HEALTH AND WELFARE BENEFITS
Program service expenses, total$47,744,869.00$44,117,595.00$38,755,923.00$33,484,996.00$36,159,017.00
Programs, including revenue & expenses
TO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDENTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.
Program expenses$47,744,869.00$44,117,595.00$38,755,923.00$33,484,996.00$36,159,017.00
Grants and allocations made$0.00    
Program descriptionTO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDENTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.TO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDENTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.TO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDENTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.TO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDENTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.TO PROVIDE HEALTH AND OTHER SPECIFIED BENEFITS TO ELIGIBLE MEMBERS/DEPENDENTS THROUGH A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN.
Financial data
Revenue
Total revenue$48,529,966.00$48,705,288.00$43,361,201.00$41,398,398.00$37,398,982.00
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$1,082,961.00$3,276,796.00$2,203,513.00$2,024,579.00$1,083,898.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$4,087.00$0.00$11,944.00$4,502.00$3,096.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$47,442,918.00$45,428,492.00$41,145,744.00$39,369,317.00$36,311,988.00
Gross receipts$76,475,284.00$84,172,638.00$73,184,346.00$60,858,266.00$49,948,943.00
Other types of revenue
Miscellaneous revenue (total)$4,087.00 $11,944.00$4,502.00$3,096.00
Income from dividends, interest, and similar investments$1,070,733.00$1,176,720.00$1,300,160.00$1,233,189.00$718,489.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$47,744,868.00$44,117,595.00$38,755,923.00$37,251,028.00$36,159,017.00
Fees for services
Legal fees (total)$60,331.00$56,192.00$81,776.00$60,711.00$43,366.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$165,439.00$167,256.00$148,661.00$84,457.00$86,078.00
Assets and liabilities
Total assets$85,440,008.00$82,220,246.00$79,429,601.00$75,338,473.00$68,448,644.00
Total assets, beginning of year$82,220,246.00$79,429,601.00$75,338,473.00$68,448,644.00$65,982,588.00
Total liabilities$3,881,705.00$3,710,410.00$2,120,864.00$3,320,053.00$2,639,014.00
Total liabilities, beginning of year$3,710,410.00$2,120,864.00$3,320,053.00$2,639,014.00$2,657,258.00
Net assets$81,558,303.00$78,509,836.00$77,308,737.00$72,018,420.00$65,809,630.00
Net assets, beginning of year$78,509,836.00$77,308,737.00$72,018,420.00$65,809,630.00$63,325,330.00
Other liabilities$3,556,105.00$3,150,001.00$1,663,958.00$2,985,462.00$2,370,609.00
Other assets$239,186.00$288,908.00$218,562.00$408,617.00$186,436.00
Investments: other securities$6,691,557.00$6,127,593.00$9,620,642.00$13,484,913.00$11,946,787.00
Investments: publicly traded securities$62,423,270.00$58,094,067.00$55,022,004.00$49,494,570.00$39,576,713.00
Other financial variables
Revenue less expenses$785,098.00$4,587,693.00$4,605,278.00$4,147,370.00$1,239,965.00
Savings & temp cash investment$11,494,562.00$13,264,329.00$10,613,689.00$7,978,272.00$12,313,013.00
Accounts receivable, net$4,528,847.00$4,385,958.00$3,870,669.00$3,889,687.00$4,330,634.00
Prepaid expenses & deferred charges$20,921.00$22,231.00$28,680.00$22,234.00$17,010.00
Accounts payable & accrued expenses$325,600.00$560,409.00$456,906.00$334,591.00$268,405.00
Total net assets or fund balances$81,558,303.00$78,509,836.00$77,308,737.00$72,018,420.00$65,809,630.00
Depreciation, depletion, amortization$15,440.00$19,550.00$21,858.00$26,246.00$34,559.00
Governance and accountability
Number of voting members66666
Number of independent voting members66666
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-01-182017-02-182016-01-122014-11-202014-01-15
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201743059349301919201623069349301347201513019349300316201422879349301267201342889349300644
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