| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE BOARD OF TRUSTEES HAS HIRED A PROFESSIONAL ADMINSITRATION COMPANY TO OPERATE THE TRUST ON A DAY TO DAY BASIS. THE BOARD OF TRUSTEES RETAINS ULTIMATE RESPONSIBILITY OF THE ACTIONS OF THE PROFESSIONAL ADMINSTRATOR'S ACTIONS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE SIX TRUSTEES ARE THE ONLY GOVERNING INDIVIDUALS OF THE ORGANIZATION. EACH SIDE (EMPLOYER/UNION) HAS A SINGLE VOTE. |
| FORM 990, PART VI, SECTION A, LINE 7B | WHEN A TRUSTEE IS REPLACED, THEY ARE VOTED ON BY THE REMAINING TRUSTEES (FROM THE SAME SIDE - I.E. THE TWO REMAINING EMPLOYER TRUSTEES WOULD AGREE ON A REPLACEMENT FOR THE THIRD SEAT). |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD REVIEWS THE FORM 990 DURING THE REGULARLY SCHEDULED BOARD MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THE PROCESS AND METHODS USED TO EXCERCISE OVERSIGHT AND CONTROL OVER THE SELECTION OF THE INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THOSE USED IN PRIOR YEARS. |
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