Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 11b: Form 990 Review Process | FORM 990 REVIEW PROCESS THE BOARD OF TRUSTEES RETAINS THE SERVICES OF AN INDEPENDENT PUBLIC ACCOUNTING FIRM TO PREPARE THE ANNUAL IRS FORM 990. THIS FIRM WILL PROVIDE A COPY OF THE COMPLETED FORM 990 TO THE ADMINISTRATIVE MANAGER WHO WILL REVIEW THE RETURN ON BEHALF OF THE BOARD. A COPY OF THIS RETURN HAS ALSO BEEN PROVIDED TO THE FULL BOARD OF TRUSTEES BY THE FUND ADMINISTRATOR. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE A SUMMARY ANNUAL REPORT IS PREPARED ANNUALLY BY THE INDEPENDENT CPA FIRM WHO PREPARES THE FORM 990 AS WELL AS THE DOL FORM 5500. THIS SUMMARY ANNUAL REPORT, AS WELL AS THE ANNUAL AUDITED FINANCIAL STATEMENTS AND THE IRS FORM 990, ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE SUMMARY ANNUAL REPORT IS MAILED ANNUALLY TO ALL PARTICIPANTS OF THE FUND AND TO ALL PARTICIPATING EMPLOYERS. |
| FORM 990, PART VI, LINE 12C | EXPLANATION OF MONITORING AND ENFORCEMENT THE JOINT BOARD OF TRUSTEES MEETS QUARTERLY TO ADDRESS POLICY ISSUES, POLICY DECISIONS, REVIEW OF CONTRIBUTION REPORTS AND DELINQUENCIES, LEGAL COUNSEL REPORTS, AND FUND ADMINISTRATOR REPORTS. DURING THESE MEETINGS ANY ISSUES IMPACTING CONFLICT OF INTEREST OR PROHIBITIVE TRANSACTIONS WILL BE ADDRESSED BY THE JOINT BOARD OF TRUSTEES AND ACTED UPON. |
| FORM 990, PART VI, LINE 6 | EXPLANATION OF CLASSES OF MEMEBERS OR SHAREHOLDER THE FUND IS MADE UP OF MEMBERS WHO'S ELIGIBILITY IS DETERMINED UNDER THE TERMS OF A COLLECTIVELY BARGAINED AGREEMENT ENTERED INTO BY THIER RESPECTIVE EMPLOYERS AND INSULATORS LOCAL 53 UNION. THE FUND IS GOVERNED BY A JOINT BOARD OF TRUSTEES CONSISTING OF ELECTED MEMBERS OF THE LOCAL AND APPOINTED REPRESENTATIVES OF THE EMPLOYERS. |
| FORM 990, PART VI, LINE 7A | HOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING BODY THE GOVERNING BOARD OF TRUSTEES OPERATE THIS FUND PURSUANT TO THE RULES AND REGULATIONS OF BOTH ERISA AND THE TAFT-HARTLEY ACT WHICH COVER MULTI-EMPLOYER EMPLOYEE BENEFIT PLANS. THE GOVERNING DOCUMENT IS A TRUST AGREEMENT WHICH PROVIDES FOR THE APPOINTMENT OF EMPLOYER TRUSTEES AS WELL AS THE ELECTION OF UNION TRUSTEES. IT IS THE DUTY OF THIS JOINT BOARD OF TRUSTEES TO OVERSEE OPERATIONS OF THE VACATION FUND, SET POLICIES AND PROCEDURES FOR THE COLLECTION AND REMITTANCE OF VACATION FUND BENEFITS TO ELIGIBLE PARTICIPANTS WHO ARE COVERED BY THE COLLECTIVE BARGAINING AGREEMENT. |
| Software ID: | 19009923 |
| Software Version: | 2019v5.0 |