Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 3 | IN SEPTEMBER 2020, THE TRUSTEES ADOPTED A RESOLUTION TERMINATING THE COMMITTEE. THE TRUSTEES APPROVED THE FINAL DISTRIBUTION OF ASSETS SHALL GO TO THE LOCAL CARPENTER APPRENTICESHIP FUNDS IN THE AREA EMPLOYING CUSTOM WOODWORKING EMPLOYEES AND THE ASSETS WILL BE ALLOCATED BASED ON CONTRIBUTION REPORTS RECEIVED BY THE LOCAL CARPENTERS TRAINING FUNDS FOR WORK PERFORMED IN THE CUSTOM WOODWORK INDUSTRY. TERMINATION OF THE FUND WILL TAKE PLACE NO LATER THAN OCTOBER 31, 2020. NO CONTRIBUTIONS FOR WORK HOURS AFTER SEPTEMBER 30, 2020 WILL BE REQUIRED OR ACCEPTED. ALL CONTRIBUTIONS OWED ARE DUE BY OCTOBER 31, 2020. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMMITTEE AND THE OUTSIDE ACCOUNTING FIRM REVIEWS THE FORM 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE MEMBERS UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ANY OF THE DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC. THE ORGANIZATION DOES NOT HAVE A FORMAL WRITTEN CONFLICT OF INTEREST POLICY. |
| FORM 990, PART XI, LINE 9: | TRANSFER OF NET ASSETS -665,629. |
| FORM 990, PART XII, LINE 1 | THE RETURN HAS BEEN PREPARED USING LIQUIDATION BASIS OF ACCOUNTING, WHICH DOES NOT MATERIALLY DIFFER FROM MODIFIED CASH BASIS ACCOUNTING. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
| Software ID: | |
| Software Version: |