Painters District Council 711: Nonprofit Profile, Financials & Form 990 (EIN 22-3052612)

Revenue by fiscal year
FY2020	$36.4M
FY2021	$33.1M
FY2022	$33.7M
FY2023	$36.9M
FY2024	$36.1M

Expenses by fiscal year
FY2020	$37.6M
FY2021	$35.1M
FY2022	$36.5M
FY2023	$35.5M
FY2024	$36.4M

Net assets by fiscal year
FY2020	$35.6M
FY2021	$37.0M
FY2022	$34.3M
FY2023	$34.7M
FY2024	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Apostolos Tsourous

Employer Trustee

$0Pt VII · Sec A

Charles Komoroski III

Employer Trustee (p)

$0Pt VII · Sec A

Thomas Cirignano

Employer Trustee

$0Pt VII · Sec A

Michael Martino

Employer Trustee

$0Pt VII · Sec A

Andy Singh

Employer Trustee/Co-Chair

$0Pt VII · Sec A

Brian Drucks

Employer Trustee

$0Pt VII · Sec A

Steven Lewis

Employer Trustee

$0Pt VII · Sec A

David Rezes

Union Trustee

$0Pt VII · Sec A

See Painters District Council 711 executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides health, life, and disability benefits to eligible union members and their families.

Questions for Painters District Council 711

Tap to ask. Painters District Council 711 sees how many people are interested.

Your first name shows with your question. Painters District Council 711 answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2023

01

This is a multi-employer plan, which has been established to provide health benefits (including major medical, hospital, dental, vision and prescription drug), life insurance, accidental death and dismemberment and weekly disability benefits to participants who have met certain eligibility requirements.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$36.1M

Ln 12

Fees for servicesLn 2g$34.3M

Investment incomeLn 3$1.8M

Money outPt IX

$36.4M

Ln 25

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

14

listed · VII A

PaidVII A0

Voting boardVI 1a12

IndependentVI 1b12

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$34.3M

Investment incomeLn 3$1.8M

Gains on assetsLn 7$428K

Total revenueLn 12$36.1M

Assets in detailPt X, end of year

CashLn 1$0

SavingsLn 2$0

InvestmentsLn 11–13$0

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 52

VolunteersI 60

Fiscal year endsHeaderApril

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$6.2M	$0
InvestmentsLn 11–13	$21.1M	$0
Land, buildings, equipmentLn 10c		$0
Total assetsLn 16	$34.9M	$0
LiabilitiesLn 26	$237K	$0
Net assetsLn 32	$34.7M	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Benefits paid to or for membersLn 4	$34.6M
Other salaries and wagesLn 7	$83K
Legal feesLn 11b	$169K
Accounting feesLn 11c	$186K
Investment management feesLn 11f	$128K
Other fees for servicesLn 11g	$1.1M
Office expensesLn 13	$68K
InterestLn 20	$8K
InsuranceLn 23	$12K
Other expenses (24a–d)Ln 24	$11K
Total functional expensesLn 25	$36.4M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$36.1M	$36.4M	−$268K	$0	990 PDF
FY2023	$36.9M	$35.5M	$1.3M	$34.7M	990 PDF
FY2022	$33.7M	$36.5M	−$2.8M	$34.3M	990 PDF
FY2021	$33.1M	$35.1M	−$2.0M	$37.0M	990 PDF
FY2020	$36.4M	$37.6M	−$1.2M	$35.6M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2024 990 (6 parts)

Part I · Summary $36,109,828 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $36,055,986$34,299,663

I-10 Investment incomePrior year $810,537$1,810,165

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $36,866,523$36,109,828

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $33,917,400$34,596,206

I-15 Salaries and benefitsPrior year $77,102$82,945

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,549,669$1,698,950

I-18 Total expensesPrior year $35,544,171$36,378,101

I-19 Revenue less expensesPrior year $1,322,352−$268,273

Part VI · Governance 12 of 12 board members independent, 4 to look at

VI-1a Voting members of the governing body12

VI-1b Independent voting members12

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $36,109,828 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $34,299,663$34,299,663

VIII-3 Investment incomeExcluded from tax $1,381,928$1,381,928

VIII-7 Net gain or loss on sales of assetsExcluded from tax $428,237$428,237

VIII-12 Total revenueRelated to mission $34,299,663 · Unrelated business $0 · Excluded from tax $1,810,165$36,109,828

Part IX · Statement of functional expenses $36,378,101 across 10 lines filed

IX-4 Benefits paid to or for members$34,596,206

IX-7 Other salaries and wages$82,945

IX-11b Legal fees$168,945

IX-11c Accounting fees$186,157

IX-11f Investment management fees$128,498

IX-11g Other fees for services$1,116,715

IX-13 Office expenses$68,024

IX-20 Interest$8,032

IX-23 Insurance$11,542

IX-24 Other expenses (24a–d)$11,037

IX-25 Total functional expenses$36,378,101

Part X · Balance sheet $0 assets, 17 lines filed

X-1 Cash, non-interest-bearingStart of year $2,926,336$0

X-2 Savings and temporary cash investmentsStart of year $3,270,497$0

X-3 Pledges and grants receivable$0

X-4 Accounts receivableStart of year $7,106,204$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred chargesStart of year $78,098$0

X-10c Land, buildings and equipment, net$0

X-11 Publicly traded securitiesStart of year $21,074,073$0

X-12 Other securities$0

X-13 Program-related investments$0

X-14 Intangible assets$0

X-15 Other assetsStart of year $441,675$0

X-16 Total assetsStart of year $34,896,883$0

X-17 Accounts payable and accrued expensesStart of year $237,427$0

X-26 Total liabilitiesStart of year $237,427$0

X-32 Total net assets or fund balancesStart of year $34,659,456$0

X-33 Total liabilities and net assetsStart of year $34,896,883$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$36,109,828

XI-2 Total expenses$36,378,101

XI-3 Revenue less expenses−$268,273

XI-4 Net assets at start of year$34,659,456

XI-5 Net unrealized gains (losses) on investments$604,056

XI-9 Other changes in net assets−$34,995,239

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Painters District Council 711

Before you give

Is it real?

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Painters District Council 711

By the numbers

Filing history

Schedules filed Part IV