| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 3: | EFFECTIVE MAY 31, 2024 ALASKA CARPENTERS HEALTH AND WELFARE TRUST FUND MERGED WITH SOUTHWEST CARPENTERS HEALTH AND WELFARE TRUST (THE "MERGED PLAN"). |
| FORM 990, PART V, LINE 2A: | THE PLAN PROVIDES TAXABLE TIME LOSS PAYMENTS TO ELIGIBLE PARTICIPANTS AND REPORTS THOSE BENEFITS ON FORM W-2. THESE BENEFITS ARE INCLUDED ON FORM 990, PART IX, LINE 4. |
| FORM 990, PART VI, SECTION A, LINE 3: | THE PLAN HAS CONTRACTED WITH WELFARE & PENSION ADMINSTRATION SERVICE, INC. TO PROVIDE ADMINSTRATIVE SERVICES FOR THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 8B: | THE BOARD OF TRUSTEES (GOVERNING BODY) DOES NOT HAVE COMMITTEES THAT ACT ON ITS BEHALF. |
| FORM 990, PART VI, SECTION B, LINE 11B: | A COPY OF FORM 990 WILL BE REVIEWED BY THE FUND ADMINISTRATOR UPON COMPLETION BY THE TAX PREPARER. A REVIEWED VERSION WILL THEN BE SENT TO THE TRUST CHAIRMAN FOR REVIEW PRIOR TO HIS/HER SIGNING OF FORM 990 FOR THE TAX FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C: | ALL MEMBERS OF THE BOARD OF TRUSTEES ARE COVERED BY THE CONFLICT-OF-INTEREST POLICY. IF AND WHEN A POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, THE BOARD OF TRUSTEES WILL INVOLVE THE TRUST'S ATTORNEY TO EVALUATE IF THE MATTER WOULD LIKELY PREVENT AN UNBIASED OR OBJECTIVE DECISION BY A TRUSTEE. AS APPROPRIATE, DISCIPLINARY OR CORRECTIVE ACTION WILL BE TAKEN. |
| FORM 990, PART VI, SECTION C, LINE 19: | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FINANCIAL STATEMENTS AVAIABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII, SECTION A, LINE 1A | TRUSTEES ARE NOT COMPENSATED BY THE TRUST. COMPENSATION PAID TO THE TRUSTEES EMPLOYED BY OTHER RELATED ORGANIZATIONS IS REPORTED ON THE FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE BY THE RELATED TAX-EXEMPT ORGANIZATION. IF YOU WOULD LIKE ADDITONAL INFORMATION, PLEASE CONTACT THE THIRD PARTY ADMINISTRATOR, WELFARE AND PENSION ADMINISTRATION, INC. |
| FORM 990, PART XI, LINE 9 | EFFECTIVE 5/31/2024, PLAN MERGED INTO THE SOUTHWEST CARPENTERS TRUST HEALTH & WELFARE PLAN. NET ASSETS AVAILABLE FOR BENEFITS TRANSFERRED $27,099,207 NET CLAIMS PAYALBE & INCURRED BUT NOT REPORTED OBLIGATION TRANSFERRED ($ 2,958,416) ------------- NET TRANSFER $24,140,791 |
| FORM 990, PART XII, LINE 2C | THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE TRUSTEES OF ALASKA CARPENTERS HEALTH AND WELFARE PLAN MERGED WITH SOUTHWEST CARPENTERS HEALTH AND WELFARE TRUST (THE "MERGED PLAN"), EFFECTIVE MAY 31, 2024. |
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