| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section A, Line 3 | The trust has contracted with a third-party administrator (A.W. Rehn & Associates, Inc.) to provide bookkeeping, administrative, and claims adjudication and payment services. |
| Form 990, Part VI, Section A, Line 4 | The board of trustees executed a new trust administration policy to the trust agreement, which is effective November 1, 2024. The policy was adopted to establish a consistent process for the Trust Office to recoup overpaid benefit payments to Plan Beneficiaries. |
| Form 990, Part VI, Section A, Line 8b | The trust has no separate committees with authority to act on behalf of the governing body. |
| Form 990, Part VI, Section B, Line 11b | The form 990 was prepared under the guidance of the board of trustees by the independent accounting firm Baldwin Moffitt Behm, LLP. Draft copies of the trust's financial statements and form 990 were first provided to the trust's consultants and advisors, who reviewed the form 990 for accuracy and completeness. Any questions, concerns or issues raised by the consultants and advisors were addressed and any necessary reviews were made to the form 990. The revised form 990 was then provided to the board of trustees for its review and approval. Any additional questions, concerns or issues raised by the board of trustees were addressed and any necessary revisions were made to the form 990. The final version of the form 990 was reviewed and approved for filing by the board of trustees. |
| Form 990, Part VI, Section B, Line 12c | Board members submit a signed conflict of interest disclosure when they first join the board and update that disclosure whenever the information changes. The board reviews the conflict of interest poicy and duties of disclosure annually. Board members have the duty to disclose actual or potential conflicts of interest as soon as such actual or potential conflicts become known. |
| Form 990, Part VI, Section C, Line 19 | The trust's governing documents, conflict of interest policy, financial statements and form 990 are available to the general public upon written request sent to A.W. Rehn & Associates, Inc. at P.O. Box 5433, Spokane, WA 99205. |
| Form 990, Part VI, Section A, Line 1A: | The trust does not have information regarding the compensation received by the trustees from their employer. The members of the board of trustees receive all their compensation from their employer solely connected to their duties as employees, not as trustees. In their roles as trustees, they are fiduciaries and subject to legal prohibitions against self-dealing. They serve on a volunteer basis as trust fiduciaries; they do not receive any additional compensation from the city or any other party for their services on the board of trustees. Further, the trust has a conflict of interest policy, which requires trustees to disclose any financial arrangements that would create a conflict of interest. Thereafter, states the following: "A trustee shall have a duty to disclose to the board any conflict of interest as soon as it is discovered by the trustee. In particular, the trustee shall disclose a conflict of interest prior to any board or committee decision on the matter related to the conflict of interest. Upon the trustee's first attendance at a board meeting, the trustee shall submit a signed conflict of interest disclosure to the board, on a form approved by the board, and shall have the duty to update such disclosures upon discovering a change." |
| Form 990, Part VI, Section B, Line 15 | There are no compensated management officials, officers, or key employees of the organization. If the organization had such compensated individuals, policies and procedures would be developed to determine compensation. |
| Software ID: | 24020490 |
| Software Version: | 2024v5.2 |