| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE VEBA TRUST INCLUDE EMPLOYEES OF THOMPSON HINE LLP AND PROJECT MANAGEMENT CONSULTANTS LLC ELIGIBLE TO RECEIVE HEALTH AND WELFARE BENEFITS. FORM 990, PART VI, SECTION A, LINE 8: THE ORGANIZATION IS A VEBA, WHICH EXISTS SOLELY TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES OF THOMPSON HINE LLP AND PROJECT MANAGEMENT CONSULTANTS LLC. THE GOVERNING BODY IS COMPRISED OF ONE INSTITUTIONAL TRUSTEE (KEYBANK NA) WHO IS TRUSTEE OF THE VEBA'S ASSETS; ANY ACTIONS ON BEHALF OF THE TRUST ARE DOCUMENTED IN WRITING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS REVIEWED IN DETAIL BY THE VEBA'S TRUSTEE AND SPONSORING EMPLOYERS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION STRUCTURE FOR THE INDEPENDENT INSTITUTIONAL TRUSTEE KEYBANK NA WAS REVIEWED BY THE SPONSORING EMPLOYERS AND GRANTORS OF THE VEBA TRUST PRIOR TO ENTERING INTO THE TRUSTEE RELATIONSHIP. FEES ASSESSED ARE CHARGED AT THE NORMAL CUSTOMARY RATES CHARGED TO ALL TRUST CLIENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL CURRENT DOCUMENTS OPEN TO PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 12A | THE VEBA ITSELF DOES NOT HAVE A CONFLICT OF INTEREST POLICY, HOWEVER, THE SPONSORING EMPLOYERS DO. FURTHER, THE INSTITUTIONAL TRUSTEE IS A PARTY INDEPENDENT OF THE SPONSORING EMPLOYERS. |
| FORM 990, PART XII, FURTHER DETAIL REGARDING FINANCIAL STATEMENTS | TO CLARIFY, BECAUSE THE PLAN THAT IS FUNDED BY THIS VEBA TRUST HAS GREATER THAN 100 PARTICIPANTS, THE PLAN AS A WHOLE HAS FINANCIAL STATEMENTS AUDITED BY AN INDEPENDENT ACCOUNTANT. THE TRUST ON ITS OWN DOES NOT HAVE SEPARATE FINANCIAL STATEMENTS PREPARED. FORM 990 HAS BEEN MARKED ACCORDINGLY TO REFLECT THIS. |
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