TY 2014 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(F) Estimated amount of other compensation from the organization and related organizations
(1) THOMAS STEEVES........................................................................ SECRETARY/TREASURER	1.00 .......................	X			0	0
(2) GEORGE BIDGOOD........................................................................ TRUSTEE	1.00 .......................	X			0	0
(3) THOMAS H O'CONNOR III........................................................................ TRUSTEE	1.00 .......................	X			0	0
(4) THOMAS J GUNNING........................................................................ TRUSTEE	1.00 .......................	X			0	0
(5) MICHAEL SHAUGHNESSY........................................................................ TRUSTEE	1.00 .......................	X			0	0
(6) WILLIAM SHEA........................................................................ TRUSTEE	1.00 .......................	X			0	0
(7) JOHN DARGIN........................................................................ TRUSTEE	1.00 .......................	X			0	0
(8) GEORGE ALLEN........................................................................ TRUSTEE	1.00 .......................	X			0	0
(9) MARK L ERLICH........................................................................ CHAIRMAN	1.00 .......................	X			0	0
(10) GARY DECOSTA........................................................................ TRUSTEE	1.00 .......................	X			0	0
(11) JASON GARAND........................................................................ TRUSTEE	1.00 .......................	X			0	0
(12) BRIAN RICHARDSON........................................................................ TRUSTEE	1.00 .......................	X			0	0
(13) JOHN MURPHY JR........................................................................ TRUSTEE	1.00 .......................	X			0	0
(14) JOHN DONAHUE JR........................................................................ TRUSTEE	1.00 .......................	X			0	0
(15) JOSEPH GANGI JR........................................................................ TRUSTEE	1.00 .......................	X			0	0
(16) JEFFREY W WERNER........................................................................ EXECUTIVE DIRECTOR	8.00 .......................		X		175,385	14,102
(17) SUZANNE SMITH........................................................................ HIGHLY COMPENSATED EMPLOYE	10.00 .......................			X	137,209	45,013

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) THOMAS STEEVES........................................................................
SECRETARY/TREASURER

1.00
.......................

(2) GEORGE BIDGOOD........................................................................
TRUSTEE

1.00
.......................

(3) THOMAS H O'CONNOR III........................................................................
TRUSTEE

1.00
.......................

(4) THOMAS J GUNNING........................................................................
TRUSTEE

1.00
.......................

(5) MICHAEL SHAUGHNESSY........................................................................
TRUSTEE

1.00
.......................

(6) WILLIAM SHEA........................................................................
TRUSTEE

1.00
.......................

(7) JOHN DARGIN........................................................................
TRUSTEE

1.00
.......................

(8) GEORGE ALLEN........................................................................
TRUSTEE

1.00
.......................

(9) MARK L ERLICH........................................................................
CHAIRMAN

1.00
.......................

(10) GARY DECOSTA........................................................................
TRUSTEE

1.00
.......................

(11) JASON GARAND........................................................................
TRUSTEE

1.00
.......................

(12) BRIAN RICHARDSON........................................................................
TRUSTEE

1.00
.......................

(13) JOHN MURPHY JR........................................................................
TRUSTEE

1.00
.......................

(14) JOHN DONAHUE JR........................................................................
TRUSTEE

1.00
.......................

(15) JOSEPH GANGI JR........................................................................
TRUSTEE

1.00
.......................

(16) JEFFREY W WERNER........................................................................
EXECUTIVE DIRECTOR

8.00
.......................

175,385

14,102

(17) SUZANNE SMITH........................................................................
HIGHLY COMPENSATED EMPLOYE

10.00
.......................

137,209

45,013

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(18) ROB SICA........................................................................
HIGHLY COMPENSATED EMPLOYE

10.00
.......................

111,923

29,834

(19) JOEL CONNER........................................................................
HIGHLY COMPENSATED EMPLOYE

10.00
.......................

111,390

45,013

(A) Name and business address	(B) Description of services	(C) Compensation
MASSACHUSETTS BLUE CROSS BLUE SHIELD 401 PARK DRIVE BOSTON,MA02215	ADMINISTRATOR OF BENEFITS	3,298,536
DELTA DENTAL 465 MEDFORD STREET BOSTON,MA02129	ADMINISTRATOR OF BENEFITS	502,692
IORA HEALTH 222 THIRD STREET 3100 CAMBRIDGE,MA02142	HEALTH PATIENT CARE PROVIDER	496,409
HEALTH NEW ENGLAND ONE MONARCH PLACE SUITE 1500 SPRINGFIELD,MA011441500	ADMINISTRATOR OF BENEFITS	295,165
THE SEGAL COMPANY 116 HUNTINGTON AVENUE BOSTON,MA021165744	ACTUARIAL AND CONSULTING SERVICES	209,848
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 12

(A)
Name and business address

(B)
Description of services

MASSACHUSETTS BLUE CROSS BLUE SHIELD

401 PARK DRIVE
BOSTON,MA02215

ADMINISTRATOR OF BENEFITS

3,298,536

DELTA DENTAL

465 MEDFORD STREET
BOSTON,MA02129

ADMINISTRATOR OF BENEFITS

502,692

IORA HEALTH

222 THIRD STREET 3100
CAMBRIDGE,MA02142

HEALTH PATIENT CARE PROVIDER

496,409

HEALTH NEW ENGLAND

ONE MONARCH PLACE SUITE 1500
SPRINGFIELD,MA011441500

ADMINISTRATOR OF BENEFITS

295,165

THE SEGAL COMPANY

116 HUNTINGTON AVENUE
BOSTON,MA021165744

ACTUARIAL AND CONSULTING SERVICES

209,848

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.

(A)
Total expenses

(B)
Program service expenses

(D)
Fundraising expenses

Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....

Grants and other assistance to domestic individuals. See Part IV, line 22 ....

Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............

Benefits paid to or for members ....

112,885,930

Compensation of current officers, directors, trustees, and key employees ....

Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....

Other salaries and wages ....

1,572,382

Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....

296,933

Other employee benefits .......

500,920

Payroll taxes ...........

148,400

Fees for services (non-employees):

Management ......

Legal .........

84,068

Accounting ...........

56,400

Lobbying ...........

Professional fundraising services. See Part IV, line 17

Investment management fees ......

361,668

Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....

4,713,818

Advertising and promotion ....

Office expenses .......

471,102

Information technology ......

183,557

Royalties ..

Occupancy ...........

471,720

Travel ............

18,128

Payments of travel or entertainment expenses for any federal, state, or local public officials ......

Conferences, conventions, and meetings ....

18,935

Interest ...........

Payments to affiliates .......

Depreciation, depletion, and amortization .....

603,163

Insurance ..............

95,283

Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)

ADMINISTRATIVE FEE

398,485

DUES AND SUBSCRIPTIONS

4,027

CREDIT CARD SERVICES

3,669

All other expenses

Total functional expenses. Add lines 1 through 24e

122,888,588

Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet

if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............		1
2	Savings and temporary cash investments .........	14,294,590	2	27,888,483
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	12,020,075	4	14,159,228
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	1,882,895	9	616,759
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	6,695,496
b	Less: accumulated depreciation .....	10b	2,944,276	4,118,837	10c	3,751,220
11	Investments—publicly traded securities ..........	62,122,064	11	55,411,368
12	Investments—other securities. See Part IV, line 11 .....	118,078,246	12	124,074,263
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........		15
16	Total assets. Add lines 1 through 15 (must equal line 34)......	212,516,707	16	225,901,321
	17	Accounts payable and accrued expenses .........	6,118,388	17	5,428,665
18	Grants payable .................		18
19	Deferred revenue ................		19
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	70,328,702	25	76,015,890
26	Total liabilities. Add lines 17 through 25.........	76,447,090	26	81,444,555
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........	0	30	0
31	Paid-in or capital surplus, or land, building or equipment fund .....	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	136,069,617	32	144,456,766
33	Total net assets or fund balances ...........	136,069,617	33	144,456,766
34	Total liabilities and net assets/fund balances ........	212,516,707	34	225,901,321

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............

(A)
Beginning of year

(B)
End of year

Cash–non-interest-bearing .............

Savings and temporary cash investments .........

14,294,590

27,888,483

Pledges and grants receivable, net ...........

Accounts receivable, net .............

12,020,075

14,159,228

Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................

Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L

Notes and loans receivable, net .............

Inventories for sale or use ..............

Prepaid expenses and deferred charges ..........

1,882,895

616,759

10a

Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D

10a

6,695,496

Less: accumulated depreciation .....

10b

2,944,276

4,118,837

10c

3,751,220

Investments—publicly traded securities ..........

62,122,064

55,411,368

Investments—other securities. See Part IV, line 11 .....

118,078,246

124,074,263

Investments—program-related. See Part IV, line 11 .....

Intangible assets ...............

Other assets. See Part IV, line 11 ...........

Total assets. Add lines 1 through 15 (must equal line 34)......

212,516,707

225,901,321

Accounts payable and accrued expenses .........

6,118,388

5,428,665

Grants payable .................

Deferred revenue ................

Tax-exempt bond liabilities .............

Escrow or custodial account liability. Complete Part IV of Schedule D..

Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified

persons. Complete Part II of Schedule L..........

Secured mortgages and notes payable to unrelated third parties ..

Unsecured notes and loans payable to unrelated third parties ....

Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................

70,328,702

76,015,890

Total liabilities. Add lines 17 through 25.........

76,447,090

81,444,555

Organizations that follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 27 through 29, and lines 33 and 34.

Unrestricted net assets ..............

Temporarily restricted net assets ...........

Permanently restricted net assets ...........

Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 30 through 34.

Capital stock or trust principal, or current funds ........

Paid-in or capital surplus, or land, building or equipment fund .....

Retained earnings, endowment, accumulated income, or other funds

136,069,617

144,456,766

Total net assets or fund balances ...........

136,069,617

144,456,766

Total liabilities and net assets/fund balances ........

212,516,707

225,901,321

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

		Amount
c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	130,912,069
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	1,865,104
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e	1,865,104
3	Subtract line 2e from line 1.....................	3	129,046,965
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	363,668
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................	4c	363,668
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	129,410,633

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	116,837,732
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d......................	2e	0
3	Subtract line 2e from line 1.....................	3	116,837,732
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	363,668
b	Other (Describe in Part XIII.) ............	4b	5,687,188
c	Add lines 4a and 4b.......................	4c	6,050,856
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	122,888,588

Return Reference	Explanation
PART X, LINE 2:	INCOME TAXES, THE TRUSTEES BELIEVE THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH ALL APPLICABLE REQUIREMENTS AND, THEREFORE, BELIEVE THAT THE PLAN AND TRUST CONTINUE TO BE QUALIFIED AND TAX EXEMPT. THE PLAN DETERMINED THAT NO PROVISION FOR INCOME TAXES WAS DEEMED NECESSARY IN THE PLAN'S FINANCIAL STATEMENTS. THE PLAN IS NO LONGER SUBJECT TO FEDERAL INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2011.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INCREASE IN BENEFIT OBLIGATIONS CURRENTLY PAYABLE 5687188.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
1JEFFREY W WERNEREXECUTIVE DIRECTOR	(i) (ii)	0 ............................... 175,385	0 ............................... 0	0 ............................... 0	0 ............................... 7,331	0 ............................... 6,771	0 ............................... 189,487	0 ............................... 0
2SUZANNE SMITHHIGHLY COMPENSATED EMPLOYE	(i) (ii)	0 ............................... 137,209	0 ............................... 0	0 ............................... 0	0 ............................... 29,000	0 ............................... 16,013	0 ............................... 182,222	0 ............................... 0
3JOEL CONNERHIGHLY COMPENSATED EMPLOYE	(i) (ii)	0 ............................... 111,390	0 ............................... 0	0 ............................... 0	0 ............................... 29,000	0 ............................... 16,013	0 ............................... 156,403	0 ............................... 0

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 7A	UNION TRUSTEES ARE APPOINTED BY THE UNION REGIONAL COUNCIL. THE EMPLOYER TRUSTEES ARE APPOINTED BY THE EMPLOYER GROUP.
FORM 990, PART VI, SECTION A, LINE 8B	THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS REVIEWED AND APPROVED BY THE FUND'S MANAGEMENT, INCLUDING THE EXECUTIVE DIRECTOR, CONTROLLER AND ACCOUNTING MANAGER BEFORE THE FORM IS FILED AND IS MADE AVAILABLE FOR THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 15	EXTERNAL SALARY SURVEYS ARE USED FOR ALL MANAGEMENT AND NON-COLLECTIVELY BARGAINED EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G:	PROXY SERVICES 2,000 PROFESSIONAL FEES 202,439 ACTUARIAL FEES 209,848 ADMINISTRATIVE FEES 4,299,531

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 7A

UNION TRUSTEES ARE APPOINTED BY THE UNION REGIONAL COUNCIL. THE EMPLOYER TRUSTEES ARE APPOINTED BY THE EMPLOYER GROUP.

FORM 990, PART VI, SECTION A, LINE 8B

THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.

FORM 990, PART VI, SECTION B, LINE 11

THE FORM 990 IS REVIEWED AND APPROVED BY THE FUND'S MANAGEMENT, INCLUDING THE EXECUTIVE DIRECTOR, CONTROLLER AND ACCOUNTING MANAGER BEFORE THE FORM IS FILED AND IS MADE AVAILABLE FOR THE GOVERNING BODY.

FORM 990, PART VI, SECTION B, LINE 15

EXTERNAL SALARY SURVEYS ARE USED FOR ALL MANAGEMENT AND NON-COLLECTIVELY BARGAINED EMPLOYEES.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART IX, LINE 11G:

PROXY SERVICES 2,000 PROFESSIONAL FEES 202,439 ACTUARIAL FEES 209,848 ADMINISTRATIVE FEES 4,299,531

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

NEW ENGLAND CARPENTERS HEALTH BENEFITS FUND

Employer identification number

04-2191579

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) NEW ENGLAND CARPENTERS PENSION FUND 350 FORDHAM ROAD WILMINGTON,MA01887 04-2305512	TO PROVIDE PENSION BENEFITS TO ITS PARTICIPANTS	MA	401 (A)				No
(2) NEW ENGLAND CARPENTERS GUARANTEED ANNUITY FUND 350 FORDHAM ROAD WILMINGTON,MA01887 04-2776873	TO PROVIDE GUARANTEED ANNUITY BENEFITS TO ITS PARTICIPANTS	MA	401 (A)				No
(3) NEW ENGLAND CARPENTERS VACATION SAVINGS PLAN 350 FORDHAM ROAD WILMINGTON,MA01887 04-3322721	TO PROVIDE VACATION BENEFITS TO ITS PARTICIPANTS	MA	501 (C) 9				No
(4) ASSOCIATED GENERAL CONTRACTORS OF MASSACHUSETTS INC 888 WORCESTER STREET WELLESLEY,MA02482 04-1045805	PLAN SPONSOR	MA	501 (C) 6				No
(5) BUILDING TRADES EMPLOYERS ASSOC OF BOSTON & EASTERN MASS 100 GROSSMAN DRIVE SUITE 300 BRAINTREE,MA02184 04-1133160	PLAN SPONSOR	MA	501 (C) 6				No
(6) NEW ENGLAND REGIONAL COUNCIL OF CARPENTERS 750 DORCHESTER AVENUE BOSTON,MA02125 04-3322535	PLAN SPONSOR	MA	501 (C) 5				No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2014

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) A & A WINDOW PRODUCTS INC
(2) A & G CONTRACTING INC
(3) A & J WINDOW INC
(4) A & M MANAGEMENT CORP
(5) A R GREEN & SON INC
(6) A R S INSTALLATIONS INC
(7) A T R SALES INC
(8) AA WILL CORPORATION
(9) AARON CARLSON INSTALLATION SERVICES
(10) ACCESS DRYWALL INC
(11) ACME WATERPROOFING CO INC
(12) ACOUSTEK INC
(13) ACOUSTICS INC
(14) ADAMS & RUXTON CONSTRUCTION CO
(15) ADIRONDACK SCENIC INC
(16) ADIRONDACK SERVICES
(17) ADVANCED DESIGN CONSTRUCTION
(18) AETNA BRIDGE HOLDING CO
(19) AIM DISTRIBUTORS
(20) AJ ROBICHEAU CONSTRUCT CO INC
(21) AJS MASONRY INC
(22) ALGAR CONSTRUCTION CORP
(23) ALL AMERICAN SPORTS GROUP
(24) ALL INTERIORS INC
(25) ALL PANEL SYSTEMS
(26) ALL SAFE SCAFFOLDING
(27) ALLAN CONSTRUCTION LLC
(28) AL-LEE INSTALLATIONS INC
(29) ALLEGHENY CONTRACT
(30) ALLIED PILE DRIVING INC
(31) ALSTOMAPCOMPOWER INC
(32) ALTERISIO CONSTRUCTION INC
(33) ALUMINUM SERVICES INC
(34) AMERICAN ACOUSTICAL CONT INC
(35) AMERICAN ARCHITECTURAL
(36) ANGELINI PLASTERING INC
(37) AP INSTALLATION INC
(38) AQUADRO & CERRUTI INC
(39) ARCHER CORP
(40) ARCHITECTURAL BUILDING & RESTORATION LLC
(41) ARCHITECTURAL WOODWORK
(42) ASCON CONSTRUCTION
(43) ATKINSON CARPET INSTALLATION
(44) ATLANTIC BUILDERS CONT CORP
(45) ATLANTIC PLANT MAINTENANCE
(46) ATLAS SCAFFOLD & EQUIPMENT
(47) AUBURN CONSTRUCTION
(48) AUTOMATION SOLUTIONS INC
(49) AYOTTE & KING
(50) B & E CONSTRUCTION CO
(51) BABCOCK & WILCOX CONSTRUCTION
(52) BACON CONSTRUCTION CO INC
(53) BAMCO INC
(54) BARR & BARR INC
(55) BASS ASSOC INC
(56) BAY STATE BUILDING SPECIALTIES
(57) BAYSTATE SHORING & EXCAVATION
(58) BBC COMPANY INC
(59) BBL CARLTON LLC
(60) BEAU'S SEATING CO
(61) BECHT CORPORATION
(62) BERG DRYWALL LLC
(63) BIDCO MARINE GROUP INC
(64) BIDGOOD ASSOCIATES INC
(65) BLACK DOG DIVERS INC
(66) BLAKESLEE ARPAIA CHAPMAN INC
(67) BONACO INC
(68) BOND BROTHERS INC
(69) BOSTON BUILDERS INC
(70) BOSTON BUILDING & BRIDGE CORP
(71) BOSTON GARDEN CORPDNC INC
(72) BOSTON HARBOR PILOTS ASSOC
(73) BOSTON HOUSING AUTHORITY
(74) BOSTON INSTALL INC
(75) BOVIS LEND LEASE LMB INC
(76) BOWLINE CONSTRUCTION
(77) BRAIT BUILDERS VENTURES LLC
(78) BRAMSON HOUSE INC
(79) BRAND ENERGY SERVICES
(80) BRAND SCAFFOLD SERV INC
(81) BRIGHT WINDOW COVERINGS INC
(82) BROWNSTONE CONSTRUCTION INC
(83) BRUNSWICK BOWLING & BILLIARDS
(84) BRYN MAWR FLOORING INC
(85) BSA CAPITAL MILLWORK INC
(86) BUNTING 5720 INC
(87) BUSINESS INTERIORS FLOORING
(88) BUTLER ARCHITECTURAL WOODWORKING INC
(89) BZ ASSOCIATES INC
(90) C H NICKERSON & CO INC
(91) C M GOODRICH & SON INC
(92) C R C CO INC
(93) CAFCO DEVELOPMENT INC
(94) CALDWELL MARINE INTERNATIONAL LLC
(95) CAMPUTARO LEASING LLC
(96) CAPITAL CARPET & FLOORING SPECIALIST
(97) CAPONIGRO CONST COMPANY INC
(98) CARDI CORP
(99) CARLIN CONTRACTING CO INC
(100) CARMAN & COMPANY
(101) CARPENTER & BRETT CONSTRUCTION
(102) CARPENTERS LOCAL UNION 218
(103) CARPENTERS LOCAL UNION 33
(104) CARPENTERS LOCAL UNION 40
(105) CARPENTERS LOCAL UNION 1121
(106) CARPENTERS LOCAL UNION 1305
(107) CARPENTERS BOSTON PROMO EDUCATION PR
(108) CARPENTERS EASTERN MILLWRIGHT REGIONAL
(109) CARPENTERS FLOORCOVERERS LOCAL
(110) CARPENTERS LOCAL UNION 107
(111) CARPENTERS LOCAL UNION 1121 ATF
(112) CARPENTERS LOCAL UNION 26
(113) CARPENTERS LOCAL UNION 275
(114) CARPENTERS LOCAL UNION 51
(115) CARPENTERS LOCAL UNION 67
(116) CARPENTERS OF NORTHERN NEW ENGLAND
(117) CARPENTERS UBC NATIONAL JOB CORPS
(118) CASBY BROS INC
(119) CASE FOUNDATION COMPANY
(120) CASHMAN EQUIPMENT CORP
(121) CASHMAN WEEKS NB
(122) CAULFIELD & SONS INC
(123) CAUSEWAY CONTRACTING
(124) CB RICHARD ELLIS
(125) CCB INC
(126) CECO CORPORATION
(127) CENTERPLAN CONSTRUCTION CO LLC
(128) CENTRAL CEILINGS INC
(129) CENTRAL CONNECTICUT ACOUSTICS
(130) CENTURY DRYWALL INC
(131) CHARLES SERVICE & EQUIPMENT CORP
(132) CHARTER OAK UTILITY CONST
(133) CHEVIOT CORPORATION
(134) CIP CONCRETE INC
(135) CIRCLE FLOOR INC
(136) CITY OF CAMBRIDGE - DPW
(137) CK FLOORING SOLUTIONS INC
(138) CLIFFORD & GALVIN CONTRACTING
(139) COASTAL CONSTRUCTION & MGT CO
(140) COASTAL MARINE CONSTRUCTION LLC
(141) COLANTONIO INC
(142) COLMAC CONSTRUCTION LLC
(143) COLONIAL SYSTEMS INC
(144) COLONY DRYWALL INC
(145) COMMERCIAL INSTALLATION CORP
(146) COMMODORE BUILDERS
(147) COMMONWEALTH SCAFFOLD
(148) COMPONENT ASSEMBLY SYSTEMS INC
(149) COMPUTER RAISED FLOORS INC
(150) CONGRESS FLOORING CORP
(151) CONN ACOUSTICS INC
(152) CONSIGLI CONSTRUCTION
(153) CONSOLIDATED CONTRACTORS LLC
(154) CONTRACT INSTALLATIONS INC
(155) CONTRACTING SPECIALISTS INC
(156) CORDERMAN & COMPANY
(157) CREATIVE CONSULTINGCONSTRUCTION
(158) CUSTOM DESIGNED CARPETS INC
(159) CUSTOM DRYWALL INC
(160) CWC BUILDERS INC
(161) CYPRESS CONSTRUCTION INC
(162) D & L INC
(163) D A SULLIVAN & SONS INC
(164) DANIEL O'CONNELL & SONS INC
(165) DAVID G ROACH & SONS INC
(166) DAVID J TIERNEY JR INC
(167) DAY & ZIMMERMANN NPS
(168) DB CONTRACTORS INC
(169) DEFELICE INC
(170) DEIULIS BROS
(171) DESCHENEAUX CONSTRUCTION
(172) DGC CAPITAL CONTRACTING CORP
(173) DILLON ACOUSTICAL CEILING INC
(174) DIMEO CONSTRUCTION CO
(175) DIXIE PILE DRIVING LLC
(176) DOS CONCRETE SERVICE INC
(177) DRAPERIES INC
(178) DRESSER-RAND
(179) DRYDEN DIVING CO INC
(180) DRYWALL LIMITED
(181) DUGGAN & MARCON INC
(182) DUNCAN & CAHILL INC
(183) DUNLOP ACCESS SYSTEMS
(184) DYNAMIC SPORTS CONSTRUCTION
(185) E FLOOR INC
(186) E T & L CONST CORP
(187) EAN CORP
(188) EAST COAST DRYWALL INC
(189) EAST COAST INTERIORS
(190) EAST COAST OFFICE INSTL LLC
(191) EAST COAST SLURRY COMPANY
(192) EASTERN GENERAL CONTRACTORS
(193) EASTWIND CORPORATION
(194) EBENISTERIE BEAUBOIS LTD
(195) EDM CONSTRUCTION INC
(196) EMR DRYWALL
(197) ENVIRONMENTAL INTERIORS INC
(198) ERECTALL CORP
(199) ESPAILLAT CONSTRUCTION LLC
(200) ESSEX NEWBURY NORTH CONTR
(201) EXECUTIVE TRIM LLC
(202) EXTERIOR ERECTING SERVICES INC
(203) EZ MILLWORK
(204) F H CHASE
(205) F J ROBERTS FLOORS INC
(206) FABRIZIO CORPORATION
(207) FAZIO CONSTRUCTION CORP
(208) FEDERAL CONCRETE INC
(209) FINGER LAKES INDUSTRIAL
(210) FLOORING SOLUTIONS INC
(211) FOLAN WATERPROOFING & CONST
(212) FONTAINE BROS INC
(213) FRANKLIN DOOR SPECIALISTS INC
(214) FULL COURT FLOORS
(215) G & C CONCRETE CONSTRUCT INC
(216) G & G CONSTRUCTION INC
(217) G GREENE CONSTRUCTION CO INC
(218) G O SERVICES LLC
(219) GALAXY INSTALLATION GROUP INC
(220) GALLAGHER CONCRETE CONSTRUCT
(221) GALWAY DEVELOPMENT CORP
(222) GARLAND BUILDING CO
(223) GARNET CONSTRUCTION CO INC
(224) GERMANO FLOORCOVERING CO
(225) GES
(226) GILBANE BUILDING CO
(227) GLEESON POWERS INC
(228) GLENNCO CONSTRUCTION CO INC
(229) GLIDEWELL THERRIEN
(230) GLOBAL FF&E INC
(231) GOEBEL FIXTURE COMPANY
(232) GOLDGARD INSTALLATIONS LLC
(233) GOLTERMAN & SABO INC
(234) GOPOWER INC
(235) GRANGER CONTRACTING CO
(236) GRANITE STATE SPECIALTIES
(237) GRIFFIN INTERIORS INC
(238) GVW INC
(239) GYM DOCTOR INC
(240) H & H BUILDERS INC
(241) H CARR & SONS INC
(242) HACKENSACK STEEL CORP
(243) HAMILTON CONSTRUCTION
(244) HAMON CUSTODIS INC
(245) HARRIS ENVIRONMENTAL SYSTEMS
(246) HARSCO INFRASTRUCTURE
(247) HART ENGINEERING
(248) HAS CONSTRUCTION SERVICES
(249) HAYWARD BAKER INC
(250) HENDERSON & JOHNSON
(251) HERITAGE RESTORATION INC
(252) HK & S CONSTRUCTION HOLDING CORP
(253) HSI CONSTRUCTION
(254) HUB FOUNDATION CO INC
(255) HUB OFFICE INSTALLATIONS INC
(256) ICM CONTRACTORS
(257) ICR DRYWALL INC
(258) ILAMA CONST & SAVE ON WALL JV
(259) ILAMA CONSTRUCTION
(260) IN & OUT AUTOMATIC DOORS INC
(261) INSUL-PRO INSULATION CO
(262) INTERBUILD INC
(263) INTERIOR INSTALLATION SERVICES
(264) INTERNATIONAL BUILDING CORP
(265) INTERSTATE OFFICE PARTITIONS
(266) IPC LYDON LLC
(267) IPSWICH BAY GLASS COMPANY
(268) ITR DRYWALL INC
(269) J & J CONTRACTORS INC
(270) J & J FINISHES INC
(271) J & J LAND MANAGEMENT INC
(272) J COLANGELO & SON INC
(273) J F WHITE CONTRACTING COMPANY
(274) J H LYNCH & SONS INC
(275) J J VACCARO INC
(276) J J WHITE INC
(277) J L MARSHALL & SONS
(278) J&J CONSTRUCTION ARCHITECTURAL
(279) JBM GENERAL CONTRACTORS INC
(280) JC FLOORCOVERING CO
(281) JD RIVET COMPANY
(282) JF WHITE - LM HEAVY JV
(283) JJ CURRAN & SON INC
(284) JJK CONSTRUCTION
(285) JK GLASS
(286) JOE SGRO COMMERCIAL FLOORS LLC
(287) JOHN MORIARTY & ASSOC
(288) JOHN ROCCHIO CORPORATION
(289) JOHNSON ACOUSTICS INC
(290) JOSEPH COHN & SON TILE & TERRAZZO
(291) JRJ CONSTRUCTION CO INC
(292) K & G ENTRANCES INC
(293) K & J INTERIORS INC
(294) K & K ACOUSTICAL CEILINGS INC
(295) K&S BUILDERS INC
(296) KAN CONTRACTING LLC
(297) KARNEY CONSTRUCTION DESIGN INC
(298) KAY & SONS INC
(299) KEENE DETENTION INC
(300) KENVO FLOORING
(301) KIEWIT - AQCS HOMER CITY
(302) KIEWIT AQCS
(303) KIVA SYSTEMS INC
(304) KOREL CONSTRUCTION
(305) KRAUS DRAPES LLC
(306) KWV INC
(307) L & L CONCRETE FORMS INC
(308) L & L INTERIORS
(309) LAB SPEC INC
(310) LABOR INCORPORATED
(311) LABORATORY SPECIALISTS CO INC
(312) LAKE CONTRACTING INC
(313) LANCO SCAFFOLDING INC
(314) LANKFORD CONSTRUCTION
(315) LAWRENCE HOUSING AUTHORITY
(316) LAWRENCE O'CONNELL CARP BLDR
(317) LEE KENNEDY CO INC
(318) LEGERE WOODWORKING COMPANY
(319) LEZO CONSTRUCTION INC
(320) LIBERTY CONSTRUCTION SERVICES
(321) LIBERTY EQUIPMENT & SUPPLY
(322) LM HEAVY CIVIL CONSTRUCTION
(323) LONG ISLAND FIREPROOF DOOR
(324) LONGDEN COMPANY INC
(325) LUXOR EQUIPMENT INC
(326) LVC WINDOW BLINDS INC
(327) LYMO CONSTRUCTION CO INC
(328) LYNN HOUSING AUTHORITY
(329) M F REYNOLDS INC
(330) M FRANK HIGGINS & CO INC
(331) M J INSTALLATIONS INC
(332) M J LANDRY INC
(333) M&A ARCHITECTURAL PRESERVATION
(334) MACALANNA CONSTRUCTION SERVICES INC
(335) MACKAY CONCRETE CONSTRUCTION
(336) MADDISON ASSOCIATES
(337) MAGNIFICENT CONCRETE INC
(338) MANAFORT - PRECISION LLC
(339) MANAFORT BROTHERS INC
(340) MANGANARO NORTHEAST LLC
(341) MANSOUR CONSTRUCTION INC
(342) MARANI CONSTRUCTION CORP
(343) MARCOR BUILDERS INC
(344) MARGUERITE CONCRETE CONTRACTOR
(345) MARIN BROTHERS INC
(346) MARON CONSTRUCTION CO INC
(347) MARR SCAFFOLDING COMPANY
(348) MASS ACOUSTICS INC
(349) MASS BAY TRANSPORTATION
(350) MASS CONSTRUCTION & ASSOC INC
(351) MASSEY PLATE GLASS & ALUMINUM
(352) MATRIX SERVICE INDUSTRIAL
(353) MCDONALD DRYWALL COMPANY INC
(354) MCM ACOUSTICS LLC
(355) MELMAR INC
(356) MERRIMAC TILE
(357) MERRIT CONSTRUCTION SERVICES LLC
(358) METROPLEX SERVICE GROUP INC
(359) MFD DEVELOPMENT LLC
(360) MIDDLESEX INTERIORS
(361) MIDLAND CONSTRUCTION CORP
(362) MIG CORPORATION INC
(363) MILLER MECHANICAL
(364) MJA CONSTRUCTION SERVICES INC
(365) MODERN GLASS & ALUMINUM INC
(366) MODERN WOODCRAFTS INC
(367) MONUMENT FLOORING INC
(368) MORETRENCH AMERICAN CORP
(369) MORRIS ROOFING & SHEET METAL
(370) MT HOPE BUILDERS INC
(371) N T OLIVA INC
(372) NATGUN CORPORATION
(373) NATIONAL INSTALLATION
(374) NATIONWIDE INSTALLATIONS INC
(375) NAUSET BUILDERS LLC
(376) NES RENTALS - ALBANY
(377) NEW AGE SPORTS LLC
(378) NEW ENGLAND CARPENTERS PENSION
(379) NEW ENGLAND CARPENTERS TRAINING
(380) NEW ENGLAND FINISH SYSTEMS
(381) NEW ENGLAND FOUNDATION COMPANY
(382) NEW ENGLAND FRAMING CORP
(383) NEW ENGLAND INSTALLATION INC
(384) NEW ENGLAND INTERIOR SPECIALTIES
(385) NEW ENGLAND MILLWORK
(386) NEW ENGLAND PARTITION & INSTL
(387) NEW ENGLAND PUBLIC SEATING LLC
(388) NEW ENGLAND REGIONAL COUNCIL OF CARPENTERS
(389) NEW ENGLAND REMODELING
(390) NEWTECH INSTALLATION USA INC
(391) NICHOLSON CONSTRUCTION CO
(392) NNE CARPENTERS LOCAL 118
(393) NOREASTER INSTALLATION
(394) NORTH EAST FOAM SOLUTIONS INC
(395) NORTHBOROUGH CONTRACTING CORP
(396) NORTHEAST INTERIOR SYSTEMS OF NEW ENGLAND INC
(397) NORTHEAST WATER MNTC & SERVICE
(398) NORTHERN CONTRACTING CORP
(399) NORTHERN GENERAL CONTRACTORS
(400) NU-WALL INC
(401) OBRIEN III CONSTRUCTION
(402) OBRIEN INSTALLATIONS
(403) O'CONNOR CONSTRUCTORS INC
(404) O'CONNOR CORPORATION
(405) OFFSHORE CONSTRUCTION INC
(406) OPTIMUM BUILDING CORP
(407) OSBORNE CONST CONTRACTING INC
(408) OVERHEAD DOOR CO OF PROVIDENCE
(409) P GIOIOSO & SONS INC
(410) PACIFIC DRYWALL LLC
(411) PALA CONSTRUCTION CORP
(412) PAPPAS COMPANY INC
(413) PARADIGM CONSTRUCTION CORP
(414) PARISI INC
(415) PARISI INCORPORATED
(416) PARRISH PAINTING DEVELOPMENT & CONST
(417) PAVILION FLOORS INC
(418) PAYNE CONTRACTING & SAVE-ON-WALL CO INC
(419) PERFORMANCE ASSOCIATES
(420) PERFORMANCE CONTRACTING
(421) PILEDRIVERS LU #56
(422) PLAY SAFE TURF & TRACK LTD
(423) PRELOAD INC
(424) PRIME SURFACE CO INC
(425) PROFESSIONAL DRYWALL CONST INC
(426) PROVIDENCE WINDOW TREATMENT
(427) QUALITY CONST SPECIALTY INC
(428) QUINCY HOUSING AUTHORITY
(429) R & R BUILDERS INC
(430) RAISED COMPUTER FLOORS
(431) RDA CONSTRUCTION CORP
(432) RED LINE WALL SYSTEMS
(433) REDMOND CONCRETE CONST CO INC
(434) REGAL FLOOR COVERING
(435) REILING CONSTRUCTION CO INC
(436) RELIABLE ROOFING & SHEET METAL
(437) RENAU CONSTRUCTION CO INC
(438) RICHARD L LABBE INC
(439) RICHARD WHITE SONS INC
(440) RICHWOOD INC
(441) ROBERT CHARLES ARCHITECTURAL
(442) ROLANDS DRYWALL INC
(443) RUGGIERI BROTHERS
(444) RUSSELL CONSTRUCTION CO
(445) RUTLEDGE FLOORING CONTRACTORS INC
(446) S & F CONCRETE COMPANY
(447) S & J CONSTRUCTION INC
(448) S M HARRINGTON CONTRACTING CORP
(449) SAFESPAN SCAFFOLDING LLC
(450) SAFWAY SERVICES INC
(451) SALEM GLASS COMPANY
(452) SALTING HOURS
(453) SANFORD CONTRACTING INC
(454) SANTINI INC
(455) SAVE ON WALL CO INC
(456) SCHNABEL FOUNDATION COMPANY
(457) SEMPER INDUSTRIAL DIVING CORP
(458) SENICES ENT & SAVE-ON-WALL CO JV
(459) SENSIBLE DRYWALL SOLUTIONS INC
(460) SHAUGHNESSY & AHERN CO
(461) SHAWMUT DESIGN & CONSTRUCTION
(462) SIEMENS GENERATION SERVICES CO
(463) SIENA CONSTRUCTION CORPORATION
(464) SKANSKA USA BUILDING INC
(465) SKANSKA USA CIVIL NORTH EAST INC
(466) SKY RETAIL SERVICE LLC
(467) SMITH BROTHERS CARPENTRY
(468) SMR SERVICES INC
(469) SOS CORP
(470) SPACE DESIGN SYSTEMS
(471) SPECIALTY DIVING SERVICES INC
(472) SPECIALTY INSULATION GROUP
(473) SPORT SYSTEMS UNLIMITED CORP
(474) STAFFORD CONST SERVICES INC
(475) STANCHION BUILDERS LLC
(476) STANDARD BUILDERS INC
(477) STANLEY & SONS INC
(478) STERLING CONTRACTING
(479) STERLING SUFFOLK RACECOURSE
(480) STONE & WEBSTER CONSTRUCTION
(481) STRUCTURE TONE INC
(482) SUFFOLK CONSTRUCTION CO INC
(483) SULLIVAN & MERRITT INC
(484) SUNRISE ERECTORS INC
(485) SUN-TECH OF CONN
(486) SUPERIOR GUNITE
(487) SWEENEY CONSTRUCTION
(488) SWEENEY DRYWALL FINISHES
(489) SYDNEY SCIENCE LLC
(490) T J MANNION CO INC
(491) T J MCCARTNEY INC
(492) TA PEARSON ASSOCIATES INC
(493) TAB STOREFORCE INC
(494) TARA CONSTRUCTION CO
(495) TAVARES LLC
(496) TCI INSTALLATIONS INC
(497) TERRALOGIC DRILLING SOLUTIONS
(498) TFC NORTHEAST LLC
(499) THE DEMOLITION CORP LLC
(500) THE NORTHERN CORP
(501) THOMS CONTRACTING INC
(502) TISHMAN CONSTRUCTION OF MA
(503) TLT CONSTRUCTION CORP
(504) TNT CONTRACTING & CONSULTING
(505) TOTAL WALL SYSTEMS INC
(506) TOWER GLASS COMPANY INC
(507) TOWNE & COUNTRY WOOD FLOORING
(508) TP BUILDERS INC
(509) TREVI ICOS CORPORATION
(510) TRI-CITY SCAFFOLD CO INC
(511) TRINITY BLDG & CONST MNGMT
(512) TRI-STATE CONSTRUCTION LLC
(513) TRUE BROTHER'S CONSTRUCTION
(514) TRUE LIGHT SYSTEMS INC
(515) TURBINE PROS
(516) TURNER BROTHERS LLC
(517) TURNER CONSTRUCTION COMPANY
(518) TWENTY-FOUR 7 CONTRACTING CORP
(519) U S DRYWALL INC
(520) UNIFIED CONTRACTING INC
(521) UNION CONSTRUCTION INC
(522) UNION DOORS INC
(523) UNION FLOORING INSTALLATIONS
(524) UNION INSTALLATIONS INC
(525) UNION INSTALLATIONS LLC
(526) UNION TEMPORARY SERVICES INC
(527) UNISTRUT CORP
(528) UNITED TRADES
(529) UNITY CONSTRUCTION INC
(530) UNIVERSAL DEVELOPERS
(531) US EXTERIORS INC
(532) VAL FLOORS INC
(533) VERMONT STORE FIXTURE
(534) VER-TEX CONSTSPECIALTIES INC
(535) VYNORIUS PILEDRIVING INC
(536) W J MOSK
(537) W J QUINN COMPANY CO LLC
(538) W S KENNEY CO INC
(539) W T RICH COMPANY INC
(540) WALGREEN CONSTRUCTION CO
(541) WALKER SPECIALTIES INC
(542) WALSH BROTHERS INC
(543) WALSH CONSTRUCTION OF ILLINOIS
(544) WALSH CONTRACTING CORP
(545) WALTER A FURMAN COMPANY
(546) WATCH CITY DOOR SPECIALISTS
(547) WEATHERTIGHT RESTORATION LLC
(548) WEBSTER CONSTRUCTION CO
(549) WELLINGTON SALES
(550) WENGER CORPORATION
(551) WES CONSTRUCTION CORP
(552) WESCOR LTD
(553) WEXLER BUILDING CO INC
(554) WHITE - SKANSKA KOCH JV
(555) WHITEHAWK CONST SERVICE INC
(556) WHITE-SKANSKA-CONSIGLI JV
(557) WILLIAMS PLANT SERVICES LLC
(558) WILLIAMS SPECIALTY SERVICES LLC
(559) WISE CONSTRUCTION CORP
(560) WOODS CONSTRUCTION INC
(561) WORTH SYSTEMS INC
(562) ZELL BUILDERS COMPANY INC

Schedule R (Form 990) 2014

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

Yes

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) NEW ENGLAND CARPENTERS PENSION FUND	P	2,137,602	CASH
(2) NEW ENGLAND CARPENTERS PENSION FUND	O	1,732,112	CASH
(3) NEW ENGLAND CARPENTERS PENSION FUND	N	97,993	CASH

Schedule R (Form 990) 2014

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2014

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2014

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE PARTICIPANTS WITH HEALTH BENEFITS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	16
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	16
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	118,162,415	121,975,984
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	4,019,631	7,434,649
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	960,081	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	123,142,127	129,410,633
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	102,812,732	112,885,930
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,735,486	2,518,635
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	6,846,164	7,484,023
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	112,394,382	122,888,588
19	Revenue less expenses. Subtract line 18 from line 12.......	10,747,745	6,522,045
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	212,516,707	225,901,321
21	Total liabilities (Part X, line 26).............	76,447,090	81,444,555
22	Net assets or fund balances. Subtract line 21 from line 20.....	136,069,617	144,456,766

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	THE EXEMPT PURPOSE OF THE NEW ENGLAND CARPENTERS HEALTH BENEFITS FUND IS TO PROVIDE HEALTH BENEFITS TO THE PARTICIPANTS AND THEIR DEPENDENTS. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	0	535,907	133,962

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......
			Business Code
2a	EMPLOYER CONTRIBUTIONS		525100	117,649,035	117,649,035
b	PARTIC CONTRIBS BUY-IN		525100	4,242,159	4,242,159
c	REBATES, FEES, CHARGES		525100	84,790	84,790
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			121,975,984
3	Investment income (including dividends, interest, and other similar amounts).......			2,700,263			2,700,263
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	43,774,661	32,811
b	Less: cost or other basis and sales expenses	39,048,780	24,306
c	Gain or (loss)	4,725,881	8,505
d	Net gain or (loss)..........			4,734,386			4,734,386
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			129,410,633	121,975,984	0	7,434,649

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............
d	Equipment ................	6,695,496	2,944,276	3,751,220
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				3,751,220

(a) Description of security or category (including name of security)	(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other (A) COMMON/COLLECTIVE TRUSTS	107,236,435	F
(B) LIMITED PARTNERSHIP INTERESTS	11,313,196	F
(C) OTHER	5,524,632	F






Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	124,074,263

1.(a) Description of liability		(b) Book value
Federal income taxes
BENEFIT OBLIGATIONS CURRENTLY PAYABLE		76,015,890








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		76,015,890
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1JEFFREY W WERNEREXECUTIVE DIRECTOR	(i) (ii)	0 ............................... 175,385	0 ............................... 0	0 ............................... 0	0 ............................... 7,331	0 ............................... 6,771	0 ............................... 189,487	0 ............................... 0
2SUZANNE SMITHHIGHLY COMPENSATED EMPLOYE	(i) (ii)	0 ............................... 137,209	0 ............................... 0	0 ............................... 0	0 ............................... 29,000	0 ............................... 16,013	0 ............................... 182,222	0 ............................... 0
3JOEL CONNERHIGHLY COMPENSATED EMPLOYE	(i) (ii)	0 ............................... 111,390	0 ............................... 0	0 ............................... 0	0 ............................... 29,000	0 ............................... 16,013	0 ............................... 156,403	0 ............................... 0