TY 2015 Form 990

(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) PAUL DOELL......................................................................
CHAIRMAN

1.0
.................
0.0

(2) ANTHONY NACCARATO......................................................................
SECRETARY

1.0
.................
0.0

(3) STEVEN F NICKERSON......................................................................
EXECUTIVE DIRECTOR

0.25
.................
0.0

1,661

490

(4) JOHN MACUSKI......................................................................
DIRECTOR OF FINANCE

1.2
.................
0.0

8,157

2,375

(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

(A) Name and business address	(B) Description of services	(C) Compensation
UMR, 2700 MIDWEST DRIVE ONALASKA,WI54650	CLAIMS PROCESSING	1,929,089
BOND BEEBE PC, 4600 EAST WEST HIGHWAY STE 900 BETHESDA,MD20814	AUDIT FEES	652,500
TECH PLUS SYSTEMS INC, 104 WEST 27TH STREET NEW YORK,NY10001	IT CONSULTING	510,701
KRONGSBERG MARITIME SIMULATION INC, 170 LEONARD DRIVE GROTON,CT06340	CONSULTING	426,530
OTTERSON LLC, 1501 BELLE VIEW BLVD A2 ALEXANDRIA,VA22307	CONSULTING	229,112
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 11

(A)
Name and business address

(B)
Description of services

UMR,
2700 MIDWEST DRIVE
ONALASKA,WI54650

CLAIMS PROCESSING

1,929,089

BOND BEEBE PC,
4600 EAST WEST HIGHWAY STE 900
BETHESDA,MD20814

AUDIT FEES

652,500

TECH PLUS SYSTEMS INC,
104 WEST 27TH STREET
NEW YORK,NY10001

IT CONSULTING

510,701

KRONGSBERG MARITIME SIMULATION INC,
170 LEONARD DRIVE
GROTON,CT06340

CONSULTING

426,530

OTTERSON LLC,
1501 BELLE VIEW BLVD A2
ALEXANDRIA,VA22307

CONSULTING

229,112

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


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


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		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' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	324,916
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	21,770
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	21,770
3	Subtract line 2e from line 1..................	3	303,146
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
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	303,146

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	324,916
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
3	Subtract line 2e from line 1...................	3	324,916
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
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	324,916

Return Reference	Explanation
PART X, LINE 2 - FIN 48 FOOTNOTE:	Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the Trust and concluded that as of September 30, 2016 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

- 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

2015

Open to Public
Inspection

Name of the organization

AMERICAN MARITIME OFFICERS MASTER OPERATING
TRUST FUND

Employer identification number

20-0406498

Return Reference	Explanation
PART VI, SECTION A, LINE 7A - SELECTION OF TRUSTEES:	The Master Operating Fund shall be operated and administered by two (2) Trustees, one (1)) of whom shall be designated by the Union and one (1) of whom shall be designated by the Employers. The Union shall have the right to appoint one (1) Alternate Trustee. The appointed Alternate Trustee shall have full authority to act as a Union Trustee in the absence of the Union Trustee. The Employers shall have the right to appoint one (1) Alternate Trustee. The Alternate Trustee shall have full authority to act as an Employer Trustee in the absence of the Employer Trustee. Successor Employer Trustees and successor Alternate Employer Trustees shall be appointed by majority vote of the various Employers who are parties to the Master Operating Fund at the time such appointments are made. Each Employer shall be entitled to cast one (1) vote for each Employee it would employ at the time of becoming a party to the Master Operating Fund, and thereafter on April 1st of each year, if all vessels manned by it had a full complement employed thereon, and the nominee receiving the majority of the votes so cast shall be deemed appointed by all the Employers. The Employers party to this Agreement and Declaration of Trust reserve to themselves the right to change, at any time, the provisions of this paragraph by vote of two-thirds majority of the total votes so cast as above provided.
PART VI, SECTION A, LINE 8B - OTHER COMMITTEES:	THE TRUST HAS NO OTHER COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY.
PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990:	the board of trustees has delegated the responsibility to review the form 990 prior to filing to the director of finance.
PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY COMPLIANCE:	The AMO Master Operating Trust (MOT) is not subject to ERISA, however, due to its relationship with other AMO Plans that are subject to the laws of ERISA, the MOT maintained and administered the conflict of interest policy as set forth in ERISA Sections 404 and 406. The Board of Trustees monitors and enforces the Plan's compliance with ERISA, with the assistance of the Plan's professionals.
PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS AND F/S:	the fund makes its governing documents, policies and financial statements available upon request to appropriate parties.
PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIP:	UNION TRUSTEES PAUL DOELL AND JOSEPH GREMELSBACKER SERVE AS OFFICERS FOR AMERICAN MARITIME OFFICERS.
PART VI - IRS FILING/TAX COMPLIANCE	AMO MASTER OPERATING TRUST FUND ISSUES FORMS 1099 TO REPORT PAYMENTS TO INDEPENDENT CONTRACTORS WHICH ARE REIMBURSED BY THE OTHER AMO ENTITIES AND REPORTED RESPECTIVELY AS EXPENSES ON THEIR FORM 990'S. AMO MASTER OPERATING TRUST FUND ISSUES FORMS W-2 TO REPORT PAYMENTS TO EMPLOYEES WHICH ARE REIMBURSED BY THE OTHER AMO ENTITIES AND REPORTED RESPECTIVELY AS EXPENSES ON THEIR FORM 990'S.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: DESIGNED & OPERATES TO FACILITATE AND IMPLEMENT TERMS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN U.S. FLAG MERCHANT FLEET CARRIERS & THE AMERICAN MARITIME OFFICERS UNION.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	2
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	2
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	230
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

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	95,843	311,516
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	273,917	-8,370
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	369,760	303,146
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).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	146,880	127,072
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)....	182,824	197,844
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	329,704	324,916
19	Revenue less expenses. Subtract line 18 from line 12.......	40,056	-21,770
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	5,571,102	3,979,392
21	Total liabilities (Part X, line 26).............	5,571,102	3,979,392
22	Net assets or fund balances. Subtract line 21 from line 20.....	0	0

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	SERVES AS A CENTRAL CLEARINGHOUSE FOR DESIGNATED EMPLOYER CONTRIBUTIONS AND A CENTRAL ADMINISTRATIVE BODY FOR CERTAIN AMO ENTITIES (6 ERISA PLANS AND 2 NON-PROFITS). REVENUES COLLECTED FOR ENTITIES ARE REPORTED AS SUCH ON THEIR RESPECTIVE FORMS 990 AS ARE THEIR EXPENSES.

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)...........	9,818	0	2,865

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 above		1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......		0

			Business Code
2a	EQUIPMENT USAGE	900099	110,906	110,906
b	EMPLOYERS CONTRIBUTIONS	900099	200,610	200,610
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....			311,516

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			16,443			16,443
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)	0	0
d	Net rental income or (loss)......			0
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory		797,039
b	Less: cost or other basis and sales expenses		821,852
c	Gain or (loss)		-24,813
d	Net gain or (loss).....			-24,813			-24,813
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..			0
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..			0
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..			0
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See Instructions......			303,146	311,516		-8,370

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21	0
2	Grants and other assistance to individuals in the United States. See Part IV, line 22	0
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16	0
4	Benefits paid to or for members	0
5	Compensation of current officers, directors, trustees, and key employees ....	0
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	0
7	Other salaries and wages	83,600
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	24,371
9	Other employee benefits .......	12,899
10	Payroll taxes ...........	6,202
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	216
c	Accounting ...........	20,500
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	287
12	Advertising and promotion ....	0
13	Office expenses .......	41,564
14	Information technology ......	3,055
15	Royalties ..	0
16	Occupancy ...........	5,160
17	Travel ............	921
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	0
20	Interest ...........	0
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	110,841
23	Insurance ...	10,123
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	TRUSTEE EXPENSES	5,177
b
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	324,916
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).

1	Cash–non-interest-bearing ........			300	1	300
2	Savings and temporary cash investments .........			2,933,513	2	3,670,382
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			2,924	4	20,620
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
				0	5	0
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
				0	6	0
7	Notes and loans receivable, net ....			0	7	0
8	Inventories for sale or use ........			0	8	0
9	Prepaid expenses and deferred charges ......			5,875	9	7,665
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,933,085
b	Less: accumulated depreciation	10b	1,694,193	326,157	10c	238,892
11	Investments—publicly traded securities .			797,986	11	0
12	Investments—other securities. See Part IV, line 11 .....			0	12	0
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			1,504,347	15	41,533
16	Total assets. Add lines 1 through 15 (must equal line 34)...			5,571,102	16	3,979,392

17	Accounts payable and accrued expenses .....	98,496	17	68,965
18	Grants payable ...	0	18	0
19	Deferred revenue .........	0	19	0
20	Tax-exempt bond liabilities .........	0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
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..	0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
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	5,472,606	25	3,910,427
26	Total liabilities. Add lines 17 through 25..	5,571,102	26	3,979,392

	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	0	32	0
33	Total net assets or fund balances ...........	0	33	0
34	Total liabilities and net assets/fund balances ........	5,571,102	34	3,979,392

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 ....

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 ......

1a	Land ...
b	Buildings
c	Leasehold improvements	5,437	2,220	3,217
d	Equipment ...	1,627,185	1,402,467	224,718
e	Other ...	300,463	289,506	10,957
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				238,892

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

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(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)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
DUE TO AMO ENTITIES	2,906,482
UNALLOCATED CONTRIBUTIONS	1,003,945
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	3,910,427
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