Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE TWO MANAGEMENT TRUSTEES HAVE A FATHER SON RELATIONSHIP. DELVI OLIVETTI SR.IS THE FATHER OF DELVI OLIVETTI |
| FORM 990, PART VI, SECTION A, LINE 2 | THE PROCESSES USED BY THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STAEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED FOR THE PRIOR YEAR |
| FORM 990, PART VI, SECTION A, LINE 3 | TRUSTEES HIRED A CONTRACT ADMINISTRATOR. |
| FORM 990, PART VI, SECTION A, LINE 7A | LOCAL UNION-UNION TRUSTEES MANAGEMENT ASSOC. - MANAGEMENT TRUSTEES |
| FORM 990, PART VI, SECTION B, LINE 11 | PART X LINE 2: THE PLAN ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF APRIL 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAKING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS ENDING PRIOR TO 2011. |
| FORM 990, PART VI, SECTION B, LINE 11 | REVIEWD AT TRUSTEE MEETINGS - TRUSTEES MEETING ARE HELD ONCE A QUARTER. ALSO, THE FORM 990 IS AVAILABLE FOR REVIEW BY THE TRUSTEES |
| FORM 990, PART VI, SECTION B, LINE 12C | FUND COUNSEL REVIEWS |
| FORM 990, PART VI, SECTION C, LINE 18 | AT THE OFFICE LOCATION FOR REVIEW |
| FORM 990, PART VI, SECTION C, LINE 19 | THE PLAN MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA THE US DEPT OF LABOR |
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