HEAVY AND GENERAL CONSTRUCTION LABORERS UNION LOCAL 472 SEVERANCE FUND
700 RAYMOND BLVD, NEWARK, NJ 071052909

Total Revenue
$305,075
Total Expenses
$372,836
Net Assets
$3,131,658

Organizations Filed Purposes: CREATED AND ESTABLISHED FOR THE PURPOSE OF PROVIDING SEVERANCE BENEFIT FOR ELIGIBLE EMPLOYEES IN ORDER TO PROVIDE CERTAIN FINANCIAL PROTECTION FOR SUCH EMPLOYEES UPON SEVERANCE, TERMINATION OF EMPLOYMENT OR IN THE EVENT OF THEIR DEATH, FOR THEIR BENEFICIARIES.

THE SEVERANCE FUND HAS BEEN CREATED AND ESTABLISHED FOR THE PURPOSE OF PROVIDING SEVERANCE BENEFIT FOR ELIGIBLE EMPLOYEES IN ORDER TO PROVIDE CERTAIN FINANCIAL PROTECTION FOR SUCH EMPLOYEES UPON SEVERANCE, TERMINATION OF EMPLOYMENT OR IN THE EVENT OF THEIR DEATH, FOR THEIR BENEFICIARIES. SEVERANCE BENEFITS OF $361,265 WERE PAID DURING 2019 TO (6) RETIRED PARTICIPANTS. AS OF 12/31/19 THERE WERE (18) ACTIVE PARTICIPANTS AND (5) RETIRED PARTICIPANTS RECEIVING BENEFITS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Michael TestaTrustee0.5$0
Gerard J IsabellaTrustee0.5$0
Antonio S OliveiraTrustee0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202031429349300818_public.xml