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)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) JAMES ALLEN........................................................................ TRUSTEE	1.00 .......................40.00	X			0	203,294	84,353
(2) MICHAEL LOWERY........................................................................ TRUSTEE	1.00 .......................40.00	X			0	167,805	78,813
(3) TIMOTHY AIKENS........................................................................ TRUSTEE	1.00 .......................40.00	X			0	135,705	74,380
(4) GREG POSCH........................................................................ TRUSTEE	1.00 .......................40.00	X			0	134,639	74,380
(5) JOSEPH GAGLIARDO........................................................................ TRUSTEE	1.00 .......................40.00	X			0	132,273	72,845
(6) RUBEN COLLAZO........................................................................ TRUSTEE - NEW	1.00 .......................40.00	X			0	62,392	43,722
(7) RICHARD LAUBER SR........................................................................ TRUSTEE	1.00 .......................	X			0	0	0
(8) RICHARD LAUBER JR........................................................................ TRUSTEE	1.00 .......................	X			0	0	0
(9) BERNIE VAN ETTEN........................................................................ TRUSTEE	1.00 .......................	X			0	0	0
(10) MICHAEL PILOLLA........................................................................ TRUSTEE	1.00 .......................	X			0	0	0
(11) JAMES ZUIDEMA........................................................................ TRUSTEE	1.00 .......................	X			0	0	0
(12) FRANK DZIADUS........................................................................ TRUSTEE - NEW	1.00 .......................	X			0	0	0
(13) MILAN DIKLICH........................................................................ ADMINISTRATOR	19.00 .......................21.00		X		146,552	0	35,400
(14) DOUGLAS JOHNSTON........................................................................ FIELD REPRESENTATIVE	40.00 .......................			X	112,466	0	76,459
(15) NICK MARINOPOULOS........................................................................ FIELD REPRESENTATIVE	40.00 .......................			X	107,666	0	74,582
(16) WILLIAM MCINTYRE........................................................................ FIELD REPRESENTATIVE	40.00 .......................			X	107,666	0	74,582

(A) Name and business address	(B) Description of services	(C) Compensation
BLUE CROSS BLUE SHIELD 300 EAST RANDOLPH STREET CHICAGO,IL606015099	PPO PROVIDER	626,170
LEGACY PROFESSIONALS LLP 311 S WACKER DR STE 4000 CHICAGO,IL60606	AUDITOR AND PAYROLL COMPLIANCE AUDITOR	115,408
THE SEGAL COMPANY PO BOX 4092 CHURCH ST STATION NEW YORK,NY10261	ACTUARY/CONSULTANT	110,773


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 3

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 .............	2,556,637	1	1,294,515
2	Savings and temporary cash investments .........	11,247,357	2	67,663
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	3,902,999	4	4,435,495
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 ..........	21,558	9	25,171
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	566,981
b	Less: accumulated depreciation .....	10b	463,670	142,172	10c	103,311
11	Investments—publicly traded securities ..........	106,150,688	11	111,641,650
12	Investments—other securities. See Part IV, line 11 .....		12	10,876,130
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)......	124,021,411	16	128,443,935
	17	Accounts payable and accrued expenses .........	367,778	17	491,391
18	Grants payable .................		18
19	Deferred revenue ................		19	63,936
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....................		25
26	Total liabilities. Add lines 17 through 25.........	367,778	26	555,327
		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	123,653,633	32	127,888,608
33	Total net assets or fund balances ...........	123,653,633	33	127,888,608
34	Total liabilities and net assets/fund balances ........	124,021,411	34	128,443,935

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

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

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

ADMINISTRATIVE DISTRICT COUNCIL 1 WELFARE FUND

Employer identification number

36-2150067

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(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 ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax 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

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

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

Cat. No. 52283D

Schedule D (Form 990) 2014

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


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

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII .......

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(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 ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............
d	Equipment ................	374,917	345,913	29,004
e	Other .................	192,064	117,757	74,307
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				103,311

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(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) GROSVENOR INSTITUTIONAL PARNTERS, LTD.	5,316,710	F
(B) POINTER OFFSHORE FUND III, LTD.	5,559,420	F







Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	10,876,130

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
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

Schedule D (Form 990) 2014

Page 4

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	28,760,811
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	1,125,269
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	1,125,269
3	Subtract line 2e from line 1.....................			3	27,635,542
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	89,905
b	Other (Describe in Part XIII.) ...........	4b	1,243,316
c	Add lines 4a and 4b.......................			4c	1,333,221
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	28,968,763

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	24,525,836
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	24,525,836
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	89,905
b	Other (Describe in Part XIII.) ............	4b	1,243,316
c	Add lines 4a and 4b.......................			4c	1,333,221
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	25,859,057

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	PART X: THE PLAN FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND FORM 5500, ANNUAL RETURN/REPORT OF EMPLOYEE BENEFIT PLAN. THE PLAN'S RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRES.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	ALLOCATED SHARED EXPENSES TO RELATED PLANS 1,243,316.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ALLOCATED SHARED EXPENSES TO RELATED PLANS 1,243,316.

Schedule D (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

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

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

ADMINISTRATIVE DISTRICT COUNCIL 1 WELFARE FUND

Employer identification number

36-2150067

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

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

Cat. No. 50053T

Schedule J (Form 990) 2014

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(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)
1JAMES ALLENTRUSTEE	(i) (ii)	0 ............................... 162,333	0 ............................... 0	0 ............................... 40,961	0 ............................... 64,021	0 ............................... 20,332	0 ............................... 287,647	0 ............................... 0
2MICHAEL LOWERYTRUSTEE	(i) (ii)	0 ............................... 137,738	0 ............................... 0	0 ............................... 30,067	0 ............................... 58,481	0 ............................... 20,332	0 ............................... 246,618	0 ............................... 0
3TIMOTHY AIKENSTRUSTEE	(i) (ii)	0 ............................... 118,059	0 ............................... 0	0 ............................... 17,646	0 ............................... 54,048	0 ............................... 20,332	0 ............................... 210,085	0 ............................... 0
4GREG POSCHTRUSTEE	(i) (ii)	0 ............................... 118,059	0 ............................... 0	0 ............................... 16,580	0 ............................... 54,048	0 ............................... 20,332	0 ............................... 209,019	0 ............................... 0
5JOSEPH GAGLIARDOTRUSTEE	(i) (ii)	0 ............................... 115,021	0 ............................... 0	0 ............................... 17,252	0 ............................... 52,901	0 ............................... 19,944	0 ............................... 205,118	0 ............................... 0
6MILAN DIKLICHADMINISTRATOR	(i) (ii)	140,192 ............................... 0	0 ............................... 0	6,360 ............................... 0	15,700 ............................... 0	19,700 ............................... 0	181,952 ............................... 0	0 ............................... 0
7DOUGLAS JOHNSTONFIELD REPRESENTATIVE	(i) (ii)	99,716 ............................... 0	0 ............................... 0	12,750 ............................... 0	52,560 ............................... 0	23,899 ............................... 0	188,925 ............................... 0	0 ............................... 0
8NICK MARINOPOULOSFIELD REPRESENTATIVE	(i) (ii)	94,916 ............................... 0	0 ............................... 0	12,750 ............................... 0	50,683 ............................... 0	23,899 ............................... 0	182,248 ............................... 0	0 ............................... 0
9WILLIAM MCINTYREFIELD REPRESENTATIVE	(i) (ii)	94,916 ............................... 0	0 ............................... 0	12,750 ............................... 0	50,683 ............................... 0	23,899 ............................... 0	182,248 ............................... 0	0 ............................... 0

Schedule J (Form 990) 2014

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ.
MediumBullet

Information about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

ADMINISTRATIVE DISTRICT COUNCIL 1 WELFARE FUND

Employer identification number

36-2150067

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e)Original principal amount	(f)Balance due	(g) In default?		(h) Approved by board or committee?		(i)Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e)Original principal amount	(f)Balance due	Yes	No	Yes	No	Yes	No






Total ...... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

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

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2014

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) ADMINISTRATIVE DISTRICT COUNCIL 1 OF ILLINOIS	COMMON TRUSTEES / OFFICERS	105,974	OFFICE LEASE		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

ADMINISTRATIVE DISTRICT COUNCIL 1 WELFARE FUND

Employer identification number

36-2150067

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	RICHARD LAUBER, SR., TRUSTEE IS THE FATHER OF RICHARD LAUBER, JR., TRUSTEE.
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES AND FUND ADMINISTRATOR PRIOR TO FILING. AFTER THE BOARDS' REVIEW, THE FORM IS APPROVED AND FILED.
FORM 990, PART VI, SECTION B, LINE 12C	IT IS THE POLICY OF THE TRUSTEES THAT THE EXISTENCE OF A POTENTIAL CONFLICT SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF FUND PERSONNEL TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES TO THE TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 15	SALARIES ARE ANNUALLY REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE FUND OFFICE.
FORM 990, PART VII, SECTION A, LINE 1A:	THE ORGANIZATION'S ADMINISTRATOR IS ALSO THE ADMINISTRATOR OF TWO OTHER ENTITIES. THE REPORTING ORGANIZATION IS REIMBURSED BY THESE ENTITIES FOR THEIR ALLOCATED PORTION OF HIS SALARY, FRINGES AND TAXES.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- 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

ADMINISTRATIVE DISTRICT COUNCIL 1 WELFARE FUND

Employer identification number

36-2150067

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) DISTRICT COUNCIL TRAINING CENTER FUND 2140 CORPORATE DRIVE ADDISON,IL60101 36-4258234	PROVIDE TRAINING PROGRAMS/CONTRIBUTING EMPLOYER	IL	501(C)3	N/A	N/A		No
(2) BAC ADMINISTRATIVE DC#1 OF ILLINOIS 660 N INDUSTRIAL DRIVE ELMHURST,IL60126 36-3028328	LABOR UNION/CONTRIBUTING EMPLOYER	IL	501(C)5	N/A	N/A		No
(3) IL DC #1 MASON CONTRACTORS ASSOC OF GREATER CHI LMCC TRUST 660 N INDUSTRIAL DRIVE ELMHURST,IL60126 03-6120561	LABOR MANAGEMENT COOPERATIVE COMMITTEE	IL	501(C)5	N/A	N/A		No
(4) BRICKLAYERS OF IL DC NO 1 BAC ANNUITY TRUST FUND 660 N INDUSTRIAL DRIVE ELMHURST,IL60126 36-3794397	PROVIDE RETIREMENT, DISABILITY & SURVIVOR BENEFITS	IL	401(A)	N/A	N/A		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 HORN INC	CONTRIBUTING EMPLOYER							No
(2) A L L MASONRY	CONTRIBUTING EMPLOYER							No
(3) ABLE MASONRY DEVELOPMENT CO	CONTRIBUTING EMPLOYER							No
(4) ACORN GRANITE & NATURAL STONE	CONTRIBUTING EMPLOYER							No
(5) ADAMS MASONRY	CONTRIBUTING EMPLOYER							No
(6) ALBIN MASONRY INC	CONTRIBUTING EMPLOYER							No
(7) ALGOZINE MASONRY RESTORATION	CONTRIBUTING EMPLOYER							No
(8) ALSTERDA CARTAGE & CONSTR	CONTRIBUTING EMPLOYER							No
(9) AMERICAN COMBUSTION SERV INC	CONTRIBUTING EMPLOYER							No
(10) ANCHOR MECHANICAL INC	CONTRIBUTING EMPLOYER							No
(11) A-ONE GROUP LTD	CONTRIBUTING EMPLOYER							No
(12) A-PLUS TUCKPOINTING	CONTRIBUTING EMPLOYER							No
(13) ARCHER STEPHANI MASONRY INC	CONTRIBUTING EMPLOYER							No
(14) ART STUDIO INC	CONTRIBUTING EMPLOYER							No
(15) ATMI PATCHING INC	CONTRIBUTING EMPLOYER							No
(16) AURELIO & SONS MASONRY INC	CONTRIBUTING EMPLOYER							No
(17) AURORA BRICK CLEANERS	CONTRIBUTING EMPLOYER							No
(18) B E T O N CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(19) BANNER MASONRY INC	CONTRIBUTING EMPLOYER							No
(20) BASIC BROTHERS CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(21) BERGLUND CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(22) BLOMMAERT BROS MASONRY INC	CONTRIBUTING EMPLOYER							No
(23) BLUE SKY POWER WASH INC	CONTRIBUTING EMPLOYER							No
(24) BMI REFRACTORY SERVICES INC	CONTRIBUTING EMPLOYER							No
(25) BOUCHARD MASONRY	CONTRIBUTING EMPLOYER							No
(26) BOULDER MASONRY	CONTRIBUTING EMPLOYER							No
(27) BOURBON TILE & MARBLE INC	CONTRIBUTING EMPLOYER							No
(28) BRUNO'S TUCKPOINTING INC	CONTRIBUTING EMPLOYER							No
(29) BULLEY & ANDREWS MASONRY	CONTRIBUTING EMPLOYER							No
(30) BURROAK MASONRY INC	CONTRIBUTING EMPLOYER							No
(31) CALIBER CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(32) CALLAGHAN & SONS CONST CO	CONTRIBUTING EMPLOYER							No
(33) CALUMET MASONRY CO	CONTRIBUTING EMPLOYER							No
(34) CAMOSY INCORPORATED	CONTRIBUTING EMPLOYER							No
(35) CENT'L BLDG CLEANG & PRSRVTN	CONTRIBUTING EMPLOYER							No
(36) CERTIFIED MASONRY INC	CONTRIBUTING EMPLOYER							No
(37) CHAFFEE CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(38) CHICAGO MARBLE COMPANY	CONTRIBUTING EMPLOYER							No
(39) CHICAGOLAND CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(40) CLEVELAND MARBLE & MOSAIC CO	CONTRIBUTING EMPLOYER							No
(41) COLVIN MASONRY CO	CONTRIBUTING EMPLOYER							No
(42) CONCEPT MASONRY INC	CONTRIBUTING EMPLOYER							No
(43) CONTINENTAL ERECTORS LLC	CONTRIBUTING EMPLOYER							No
(44) COUTURE SURFACES	CONTRIBUTING EMPLOYER							No
(45) CREATIVE ERECTORS LLC	CONTRIBUTING EMPLOYER							No
(46) CROUCH-SERANKO MASONRY LLC	CONTRIBUTING EMPLOYER							No
(47) CRUZ BRO'S TUCKPOINTING	CONTRIBUTING EMPLOYER							No
(48) CUBS CONSTRUCTION INC CO	CONTRIBUTING EMPLOYER							No
(49) CUDA ENTERPRISES INC	CONTRIBUTING EMPLOYER							No
(50) CU-GAR MASONRY INC	CONTRIBUTING EMPLOYER							No
(51) CURT E ECKLUND INC	CONTRIBUTING EMPLOYER							No
(52) CYBERDYNE MASONRY CORP	CONTRIBUTING EMPLOYER							No
(53) D GHEZZI CONST CO	CONTRIBUTING EMPLOYER							No
(54) DAVE ABEL MASONRY INC	CONTRIBUTING EMPLOYER							No
(55) DEVO MASONRY INC	CONTRIBUTING EMPLOYER							No
(56) DIAMOND MASONRY	CONTRIBUTING EMPLOYER							No
(57) DOUGAL BUILDING MAINTENANCE	CONTRIBUTING EMPLOYER							No
(58) DRIESSEN CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(59) DTM MASONRY	CONTRIBUTING EMPLOYER							No
(60) DUKANE PRECAST INC	CONTRIBUTING EMPLOYER							No
(61) DUNIGAN CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(62) EBBEN MASONRY INC	CONTRIBUTING EMPLOYER							No
(63) EGELAND MASONRY INC	CONTRIBUTING EMPLOYER							No
(64) ENCLOS CORP	CONTRIBUTING EMPLOYER							No
(65) F & J MASONRY CLEANING LLC	CONTRIBUTING EMPLOYER							No
(66) FABCON INC	CONTRIBUTING EMPLOYER							No
(67) FEBEL BROS INC	CONTRIBUTING EMPLOYER							No
(68) FEJEDELEM & SONS INC	CONTRIBUTING EMPLOYER							No
(69) FELTZ 3 MASONRY INC	CONTRIBUTING EMPLOYER							No
(70) FIELDSTONE BUILDING SERV INC	CONTRIBUTING EMPLOYER							No
(71) FLOOR PRO'S INC	CONTRIBUTING EMPLOYER							No
(72) FORSLAND JONES INC	CONTRIBUTING EMPLOYER							No
(73) FOSBEL INC	CONTRIBUTING EMPLOYER							No
(74) FOUR PROVINCE MASONRY INC	CONTRIBUTING EMPLOYER							No
(75) FRANK'S MASONRY INC	CONTRIBUTING EMPLOYER							No
(76) FRAZIER-SIMPLEX	CONTRIBUTING EMPLOYER							No
(77) G C MASONRY INC	CONTRIBUTING EMPLOYER							No
(78) G FONTANA & SONS CONST INC	CONTRIBUTING EMPLOYER							No
(79) G LOLOS MASONRY CORPORATION	CONTRIBUTING EMPLOYER							No
(80) GAGNON INC	CONTRIBUTING EMPLOYER							No
(81) GARFIELD BUILDING MAINT CO	CONTRIBUTING EMPLOYER							No
(82) GARTH MASONRY CORPORATION	CONTRIBUTING EMPLOYER							No
(83) GARTHLARMCO JV LLC	CONTRIBUTING EMPLOYER							No
(84) GEORGE A TICHACEK MASONRY INC	CONTRIBUTING EMPLOYER							No
(85) GEORGE P REINTJES CO INC	CONTRIBUTING EMPLOYER							No
(86) GHK INSTALLATIONS LTD	CONTRIBUTING EMPLOYER							No
(87) GILKERSON MASONRY CORP	CONTRIBUTING EMPLOYER							No
(88) GOUGH INC	CONTRIBUTING EMPLOYER							No
(89) GRACE MASONRY LTD	CONTRIBUTING EMPLOYER							No
(90) GRANITE INNOVATIONS INC	CONTRIBUTING EMPLOYER							No
(91) GROVE MASONRY MAINT INC	CONTRIBUTING EMPLOYER							No
(92) H & P BRICKWORK INC	CONTRIBUTING EMPLOYER							No
(93) H E S S CAULKING & RESTORATIO	CONTRIBUTING EMPLOYER							No
(94) HARD SURFACE FINISHERS INC	CONTRIBUTING EMPLOYER							No
(95) HAUTER BROTHERS INC	CONTRIBUTING EMPLOYER							No
(96) HEELEIN & SONS INC	CONTRIBUTING EMPLOYER							No
(97) HEITKOTTER INC	CONTRIBUTING EMPLOYER							No
(98) HENRY BROS	CONTRIBUTING EMPLOYER							No
(99) HODSCO CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(100) ILLINOIS MASONRY CORPORATION	CONTRIBUTING EMPLOYER							No
(101) ILLINOIS WINDOW & GLASS(IW&G)	CONTRIBUTING EMPLOYER							No
(102) INDEPENDENT MECHANICAL INDUSTR	CONTRIBUTING EMPLOYER							No
(103) INDIANA REFRACTORIES	CONTRIBUTING EMPLOYER							No
(104) INTERNATIONAL CHIMNEY CORP	CONTRIBUTING EMPLOYER							No
(105) ITALIAN MRBL & GRANITE CO	CONTRIBUTING EMPLOYER							No
(106) IWANSKI-PYZIK MSNRY&BLDRS INC	CONTRIBUTING EMPLOYER							No
(107) IWS INC	CONTRIBUTING EMPLOYER							No
(108) J & E DUFF INC	CONTRIBUTING EMPLOYER							No
(109) J & H CONSTRUCTION CO INC	CONTRIBUTING EMPLOYER							No
(110) J & J MASONRY INC	CONTRIBUTING EMPLOYER							No
(111) J A C MASONRY	CONTRIBUTING EMPLOYER							No
(112) J AND M PLASTERING	CONTRIBUTING EMPLOYER							No
(113) J P LARSEN INC	CONTRIBUTING EMPLOYER							No
(114) J S L MASONRY RESTORAT'N INC	CONTRIBUTING EMPLOYER							No
(115) J SQUARED MASONRY INC	CONTRIBUTING EMPLOYER							No
(116) J T THORPE & SON INC	CONTRIBUTING EMPLOYER							No
(117) J T THORPE COMPANY	CONTRIBUTING EMPLOYER							No
(118) JENSEN BUILDING REPAIRS INC	CONTRIBUTING EMPLOYER							No
(119) JIMMY'Z MASONRY CORP	CONTRIBUTING EMPLOYER							No
(120) JLJ CONTRACTING INC	CONTRIBUTING EMPLOYER							No
(121) JOE'S MASONRY INC	CONTRIBUTING EMPLOYER							No
(122) JP PHILLIPS INC	CONTRIBUTING EMPLOYER							No
(123) KNOTTS MASONRY & CONST INC	CONTRIBUTING EMPLOYER							No
(124) KWIATKOWSKI MASONRY INC	CONTRIBUTING EMPLOYER							No
(125) L & S MASONRY	CONTRIBUTING EMPLOYER							No
(126) L J DODD CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(127) L N P DEVELOPMENT	CONTRIBUTING EMPLOYER							No
(128) L S B BRICK CLEANING LLC	CONTRIBUTING EMPLOYER							No
(129) L S CONTRACTING GROUP	CONTRIBUTING EMPLOYER							No
(130) L&S BLOMMAERT BRO MASONRY JV	CONTRIBUTING EMPLOYER							No
(131) LAKE FOREST MASONRY	CONTRIBUTING EMPLOYER							No
(132) LANDMARK CONSTRUCTION SERVICES	CONTRIBUTING EMPLOYER							No
(133) LARMCO CO INC	CONTRIBUTING EMPLOYER							No
(134) LASSWELL MASONRY	CONTRIBUTING EMPLOYER							No
(135) LAW CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(136) LCS CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(137) LEO S DEUTSCH INC	CONTRIBUTING EMPLOYER							No
(138) LITE CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(139) LOZICH MASONRY LLC	CONTRIBUTING EMPLOYER							No
(140) M P Z MASONRY INC	CONTRIBUTING EMPLOYER							No
(141) MAC RESTORAT'N CONTRACTING INC	CONTRIBUTING EMPLOYER							No
(142) MARK 1 WATERPROOFING & RESTORA	CONTRIBUTING EMPLOYER							No
(143) MASON BRICK WORK CO	CONTRIBUTING EMPLOYER							No
(144) MASONRY BY FERNANDO INC	CONTRIBUTING EMPLOYER							No
(145) MASONRY CONSTRUCTION CORP	CONTRIBUTING EMPLOYER							No
(146) MASONRY SYSTEMS INC	CONTRIBUTING EMPLOYER							No
(147) MASSARO INDUSTRIES INC	CONTRIBUTING EMPLOYER							No
(148) MASTERSHIP CONSTRUC'N CO INC	CONTRIBUTING EMPLOYER							No
(149) MATHEY MASONRY INC	CONTRIBUTING EMPLOYER							No
(150) MATRIX NORTH AMERICAN CONSTR	CONTRIBUTING EMPLOYER							No
(151) MBB ENT OF CHICAGO INC	CONTRIBUTING EMPLOYER							No
(152) MEADE ELEC DBA CONTR & MATRL	CONTRIBUTING EMPLOYER							No
(153) MEDINA GLASS BLOCK INC	CONTRIBUTING EMPLOYER							No
(154) MERTES CONTRACTING CORPORATION	CONTRIBUTING EMPLOYER							No
(155) METROPOLITAN PIER & EXPO AUTH	CONTRIBUTING EMPLOYER							No
(156) MICRO PLAN MASONRY INC	CONTRIBUTING EMPLOYER							No
(157) MID AMERICAN GUNITE INC	CONTRIBUTING EMPLOYER							No
(158) MIDWEST MASONRY INC	CONTRIBUTING EMPLOYER							No
(159) MIKE CACHEY CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(160) MIKE HARRIS MASON CONTRACTOR	CONTRIBUTING EMPLOYER							No
(161) MOLLOY MASONRY	CONTRIBUTING EMPLOYER							No
(162) MOLTER CORPORATION	CONTRIBUTING EMPLOYER							No
(163) MONSTER MASONRY INC	CONTRIBUTING EMPLOYER							No
(164) MURPHY MARBLE COMPANY	CONTRIBUTING EMPLOYER							No
(165) MVP ERECTORS LLC	CONTRIBUTING EMPLOYER							No
(166) N E L I STONE INC	CONTRIBUTING EMPLOYER							No
(167) NAMAT CONST CO INC	CONTRIBUTING EMPLOYER							No
(168) NARVICK BROS	CONTRIBUTING EMPLOYER							No
(169) NATIONAL ACID PROOFING	CONTRIBUTING EMPLOYER							No
(170) NATIONAL RESTORATIONS INC	CONTRIBUTING EMPLOYER							No
(171) NAT'L MACHINERY & CONVEYOR INC	CONTRIBUTING EMPLOYER							No
(172) NELCO INC	CONTRIBUTING EMPLOYER							No
(173) NUGENT CONSTRUCTION CO INC	CONTRIBUTING EMPLOYER							No
(174) OAK CREEK CONSOLIDATED	CONTRIBUTING EMPLOYER							No
(175) OLD VETERAN CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(176) OLIVER CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(177) OLSEN TUCKPOINTNG COMPANY	CONTRIBUTING EMPLOYER							No
(178) OMI REFRACTORIES	CONTRIBUTING EMPLOYER							No
(179) O'NEILL MASONRY INC	CONTRIBUTING EMPLOYER							No
(180) OSMAN CONSTRUCTION CORP	CONTRIBUTING EMPLOYER							No
(181) OTTO BAUM & SONS	CONTRIBUTING EMPLOYER							No
(182) P B S PLASTERING	CONTRIBUTING EMPLOYER							No
(183) P J C CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(184) P J L CONSTRUCT'N COMPANY INC	CONTRIBUTING EMPLOYER							No
(185) PANAGIOTIS PARASKEVOULAKOS	CONTRIBUTING EMPLOYER							No
(186) PAN-OCEANIC ENG CO INC	CONTRIBUTING EMPLOYER							No
(187) PIAZZA & MANNERINO MASONRY INC	CONTRIBUTING EMPLOYER							No
(188) PIGNATO MASONRY INC	CONTRIBUTING EMPLOYER							No
(189) PIONEER CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(190) POMA MARBLE INC	CONTRIBUTING EMPLOYER							No
(191) PYRO INDUSTRIAL SERVICES INC	CONTRIBUTING EMPLOYER							No
(192) QUALITY SAW & SEAL INC	CONTRIBUTING EMPLOYER							No
(193) R C WEGMAN CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(194) R G CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(195) R K V MASONRY	CONTRIBUTING EMPLOYER							No
(196) RAMCORP INC	CONTRIBUTING EMPLOYER							No
(197) RANDLE MASON CONTRACTORS	CONTRIBUTING EMPLOYER							No
(198) RASCH CONSTRUCTION & ENG INC	CONTRIBUTING EMPLOYER							No
(199) RASCO MASON CONTRACTORS INC	CONTRIBUTING EMPLOYER							No
(200) RD MASONRY INC	CONTRIBUTING EMPLOYER							No
(201) READY TILE CO LLC	CONTRIBUTING EMPLOYER							No
(202) RELIABLE CONT & EQUIP CO	CONTRIBUTING EMPLOYER							No
(203) RELIABLE TUCKPOINTING CO INC	CONTRIBUTING EMPLOYER							No
(204) RICHARDS & WEYER	CONTRIBUTING EMPLOYER							No
(205) RIGGIOBORON LTD	CONTRIBUTING EMPLOYER							No
(206) RIGONI MARBLE & TILE INC	CONTRIBUTING EMPLOYER							No
(207) RILEY CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(208) ROSEMONT MASONRY	CONTRIBUTING EMPLOYER							No
(209) RV BUILDERS CORP	CONTRIBUTING EMPLOYER							No
(210) S AND D MASONRY INC	CONTRIBUTING EMPLOYER							No
(211) S S SCHWARZ CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(212) SAGER SEALANT CORP	CONTRIBUTING EMPLOYER							No
(213) SANDSMITH MASONRY	CONTRIBUTING EMPLOYER							No
(214) SANFRATELLO MASONRY INC	CONTRIBUTING EMPLOYER							No
(215) SARROS BROS INC	CONTRIBUTING EMPLOYER							No
(216) SBK BUILDING RESTORATION	CONTRIBUTING EMPLOYER							No
(217) SEALED-RITE INC	CONTRIBUTING EMPLOYER							No
(218) SEVEN D CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(219) SEYLLER'S INC	CONTRIBUTING EMPLOYER							No
(220) SOUTHWEST MASONRY INC	CONTRIBUTING EMPLOYER							No
(221) SPRING HILL CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(222) SSSI INC	CONTRIBUTING EMPLOYER							No
(223) STANDARD MARBLE & GRANITE CORP	CONTRIBUTING EMPLOYER							No
(224) STEWART SERVICES INC	CONTRIBUTING EMPLOYER							No
(225) STONE & WEBSTER CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(226) STONE INSTALLATION INC	CONTRIBUTING EMPLOYER							No
(227) STONE INSTALLAT'N & MAINT INC	CONTRIBUTING EMPLOYER							No
(228) STONE MASONS OF USA	CONTRIBUTING EMPLOYER							No
(229) STONEHEDGE MASONRY INC	CONTRIBUTING EMPLOYER							No
(230) STRATA CONTRACTORS LTD	CONTRIBUTING EMPLOYER							No
(231) SUPER MASONRY	CONTRIBUTING EMPLOYER							No
(232) SZABO CONSTRUCTION CO	CONTRIBUTING EMPLOYER							No
(233) T & K MASONRY INC	CONTRIBUTING EMPLOYER							No
(234) T A C CONSTRUCTION COMPANY	CONTRIBUTING EMPLOYER							No
(235) TAILORED FOAM INC	CONTRIBUTING EMPLOYER							No
(236) TERPSTRA MASONRY	CONTRIBUTING EMPLOYER							No
(237) THOMPSON BROS CONST INC	CONTRIBUTING EMPLOYER							No
(238) TITAN MASONRY ENTERPRISES INC	CONTRIBUTING EMPLOYER							No
(239) TREVINO MASONRY INC	CONTRIBUTING EMPLOYER							No
(240) TRISCO SYSTEM INC	CONTRIBUTING EMPLOYER							No
(241) TRIUMPH RESTORATION INC	CONTRIBUTING EMPLOYER							No
(242) TWO(II) IN ONE CONTRREBAR JV	CONTRIBUTING EMPLOYER							No
(243) UNION CONTRACTING INC	CONTRIBUTING EMPLOYER							No
(244) UNLIMITED MASONRY & CONST INC	CONTRIBUTING EMPLOYER							No
(245) VICO'S PLASTERING INC	CONTRIBUTING EMPLOYER							No
(246) VIMAK CONSTRUCTION MASONRY	CONTRIBUTING EMPLOYER							No
(247) W B F CONSTRUCTION INC	CONTRIBUTING EMPLOYER							No
(248) W J MC GUIRE CO INC	CONTRIBUTING EMPLOYER							No
(249) W R WEIS CO INC	CONTRIBUTING EMPLOYER							No
(250) WARD CONTRACTING & BLDG REST I	CONTRIBUTING EMPLOYER							No
(251) WARD CONTRACTING & BLDG REST I	CONTRIBUTING EMPLOYER							No
(252) WAUBONSEE DEVELOPMENT	CONTRIBUTING EMPLOYER							No
(253) WEAVER CONSTRUCTION	CONTRIBUTING EMPLOYER							No
(254) WESTERN WATERPROOFING CO	CONTRIBUTING EMPLOYER							No
(255) WINDY CITY STONE INC	CONTRIBUTING EMPLOYER							No
(256) WOLCOTT CONSTRUCTION CORP	CONTRIBUTING EMPLOYER							No
(257) ZIELKE MASONRY INC	CONTRIBUTING EMPLOYER							No

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) . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

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

Yes

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

Yes

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

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: PROVIDE HEALTH BENEFITS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	12
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	6
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	24
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) .........	22,020,326	24,885,737
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	4,430,878	4,062,583
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	13,573	20,443
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	26,464,777	28,968,763
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).....	23,150,461	22,067,119
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,354,159	2,346,218
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)....	1,489,865	1,445,720
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	26,994,485	25,859,057
19	Revenue less expenses. Subtract line 18 from line 12.......	-529,708	3,109,706
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	124,021,411	128,443,935
21	Total liabilities (Part X, line 26).............	367,778	555,327
22	Net assets or fund balances. Subtract line 21 from line 20.....	123,653,633	127,888,608

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	TO PROVIDE MEDICAL AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

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)............	474,350	836,108	689,516

				(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	CONTRACTOR CONTRIBUTIONS		900099	21,939,829	21,939,829
b	REIMB. OF SHARED EXPENSES FROM RE		900099	1,243,316	1,243,316
c	RETIRED MEMBERS' CONTRIBUTIONS		900099	689,185	689,185
d	PARTICIPANT CONTRIBUTIONS		900099	283,270	283,270
e	PRESCRIPTION DRUG REBATES		900099	210,384	210,384
f	All other program service revenue .			519,753	519,753
g	Total. Add lines 2a–2f........			24,885,737
3	Investment income (including dividends, interest, and other similar amounts).......			2,630,279			2,630,279
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	17,502,465
b	Less: cost or other basis and sales expenses	16,070,161
c	Gain or (loss)	1,432,304
d	Net gain or (loss)..........			1,432,304			1,432,304
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	MISCELLANEOUS INCOME		900099	20,443			20,443
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			20,443
12	Total revenue. See Instructions......			28,968,763	24,885,737	0	4,083,026

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....	22,067,119
5	Compensation of current officers, directors, trustees, and key employees ....	172,323
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages ....	1,207,230
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	449,991
9	Other employee benefits .......	411,999
10	Payroll taxes ...........	104,675
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	163,559
c	Accounting ...........	123,659
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	89,905
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....	159,207
12	Advertising and promotion ....
13	Office expenses .......	256,726
14	Information technology ......	137,516
15	Royalties ..
16	Occupancy ...........	111,374
17	Travel ............	51,493
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....	5,835
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....	49,198
23	Insurance ..............	81,226
24	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.)
a	FEES MANDATED BY ACA	209,436
b	MEMBERSHIP DUES	3,836
c	MISCELLANEOUS	1,895
d	DOCUMENT SCANNING	855
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	25,859,057
26	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 if following SOP 98-2 (ASC 958-720).


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............			2,556,637	1	1,294,515
2	Savings and temporary cash investments .........			11,247,357	2	67,663
3	Pledges and grants receivable, net ...........				3
4	Accounts receivable, net .............			3,902,999	4	4,435,495
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 ..........			21,558	9	25,171
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	566,981
b	Less: accumulated depreciation .....	10b	463,670	142,172	10c	103,311
11	Investments—publicly traded securities ..........			106,150,688	11	111,641,650
12	Investments—other securities. See Part IV, line 11 .....				12	10,876,130
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)......			124,021,411	16	128,443,935
17	Accounts payable and accrued expenses .........			367,778	17	491,391
18	Grants payable .................				18
19	Deferred revenue ................				19	63,936
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....................				25
26	Total liabilities. Add lines 17 through 25.........			367,778	26	555,327
	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			123,653,633	32	127,888,608
33	Total net assets or fund balances ...........			123,653,633	33	127,888,608
34	Total liabilities and net assets/fund balances ........			124,021,411	34	128,443,935