| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | CERTAIN ADMINISTRATIVE DUTIES REGARDING MERIT TRAINING TRUST OPERATIONS WERE DELEGATED IN A WRITTEN AGREEMENT TO THE ASSOCIATED BUILDERS AND CONTRACTORS SOUTHERN CALIFORNIA CHAPTER, INC. THE AGREEMENT OUTLINES VARIOUS HOURLY FEES ASSOCIATED WITH INDIVIDUAL EMPLOYEES OF THE CHAPTER. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | COPIES OF THE DRAFT FORM 990 WERE PROVIDED FOR REVIEW BY THE TRUSTEES VIA BOARD MEETING OR EMAIL. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TRUST HAS A CONFLICT OF INTEREST POLICY THAT IS DISTRIBUTED ANNUALLY BY THE ORGANIZATIONS LEGAL COUNSEL TO THE TRUSTEES. THE TRUSTEES ARE REQUIRED TO READ, SIGN AND RETURN THE POLICY WITH ANY POTENTIAL CONFLICT DISCLOSURES TO THE ORGANIZATIONS LEGAL COUNSEL WHO MAINTAINS THE WRITTEN FILE. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON ADVANCE NOTICE, COPIES OF THE IRS EXEMPTION LETTER AND FORM 990 ARE MADE AVAILABLE FOR ONSIGHT REVIEW AT THE ORGANIZATION'S OFFICE. |
| FORM 990, PART XI, LINE 9: | DISTRIBUTION OF CASH AT DISSOLUTION -26,105. CLOSED OUT THE ACCRUED BALANCE AT DISSOLUTION 8,000. |
| Software ID: | |
| Software Version: |