2020-11-16T13:18:18-06:00 2019-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2019-01-01 366562520 NATIONAL IAM BENEFIT TRUST FUND % THE FUND NATI 2027858148 99 M STREET SE Suite 600 WASHINGTON DC 200033799 JAMES PATRICK TIERNEY III FUND DIRECTOR 2027858148 2020-11-16 true RICHARD L RUVELSON P00234075 3012726000 209.190.253.84 22006220203215000130 2020-11-16 P 833D9BA5299041826641AEDE5C1773806529F77E 833D9BA5299041826641AEDE5C1773806529F77E 2019 2022-01-07 14:23:13Z X JAMES PATRICK TIERNEY III 1300 Connecticut Ave NW 300 WASHINGTON DC 20036 232836725 false X www.IAMBTF.org X 1973 DC To provide health, welfare, vision, and dental benefits to eligible participants and their dependents established under a collective bargaining agreement. 6 0 19 0 0 0 0 91768936 105485860 2537527 4343663 0 0 94306463 109829523 0 0 81393020 99061616 1712073 1949102 0 0 0 5778556 5516192 88883649 106526910 5422814 3302613 96163634 105439184 2474123 2253189 93689511 103185995 X SEE SCHEDULE O false false Provided health, welfare, vision, and dental benefits to eligible participants and their dependents. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 3 0 true 19 true true true false false false false false false false X 6 0 true false false false false false false true true false false true true true true true true false false false X THE FUND 2027858148 1300 CONNECTICUT AVE NW STE 300 WASHINGTON DC 20036 X James Tierney Executive Director 9.8 32.2 X 100000 403338 61961 Dora Cervantes Union Trustee 1.0 40.0 X X 0 250441 74724 James Conigliaro Union Trustee/Co-Chair 1.0 40.0 X 0 247694 62764 STEVEN M GALLOWAY Union Trustee 1.0 40.0 X 0 239493 62981 KAREN BROWN DIRECTOR OF OPERATIONS 40.0 0.0 X 142596 0 26599 Carla Hill Fund Representative 40.0 0.0 X 111880 0 36804 AMY KEHOE Employer Trustee 1.0 40.0 X 0 0 0 THOMAS MITCHELL EMPLOYER TRUSTEE/ CO-CHAIR 1.0 40.0 X 0 0 0 Marie Underwood Employer Trustee 1.0 40.0 X 0 0 0 354476 1140966 325833 3 false true false CIGNA 900 Cottage Grove Road BLOOMFIELD CT 06002 CLAIMS PROCESSING 3433464 DELTA DENTAL ONE DELTA DRIVE MECHANICSBURG PA 17055 CLAIMS PROCESSING 347818 THE SEGAL COMPNAY 1920 N STREET NW WASHINGTON DC 20036 CONSULTING 219862 HEALTH PLAN SYSTEMS 2025 LINCOLN HIGHWAY EDISON NJ 08817 CLAIMS PROCESSING 112680 CIGNA BEHAVIORAL HEALTH INC 2817 CHERRY AVE SIGNAL HILL CA 90755 CLAIMS PROCESSING 105607 5 0 EMPLOYER CONTRIBUTIONS 525100 104757226 104757226 PARTICIPANT CONTRIBUTIONS 525100 728634 728634 105485860 3468214 3468214 0 0 0 0 0 123882651 122979621 27581 903030 -27581 875449 875449 0 0 0 0 0 0 0 0 0 0 109829523 105485860 4343663 0 0 0 99061616 100000 0 1342827 149076 226590 130609 0 11121 52422 0 0 82083 4315552 0 165291 243135 0 253057 47478 0 18193 0 0 214275 64909 ACA FEES 24392 PERSONAL PROPERTY TAX 13506 OPERATING CONTINGENCY 1000 SALES & USE TAX 5948 3830 106526910 217819 1171625 4630659 3610725 0 0 897863 999933 0 0 0 0 0 0 0 0 87410 60667 1042173 640884 410675 401289 89919208 99194945 0 0 0 0 0 0 0 0 96163634 105439184 1435145 693267 0 0 145021 154817 0 0 0 0 0 0 0 0 0 0 893957 1405105 2474123 2253189 X 93689511 103185995 0 0 0 0 93689511 103185995 96163634 105439184 3302613 6193871 X false true X true false 0 0 0 1042173 640884 401289 401289 0 OUTSTANDING CHECKS - BENEFITS 1376306 SELF PAY PREPAID CONTRIBUTIONS 28799 1405105 X 116044725 6193871 6193871 109850854 6250 -27581 -21331 109829523 106548241 27581 27581 106520660 6250 6250 106526910 PART X, LINE 2 - FIN 48 FOOTNOTE - UNCERTAIN TAX LIABILITY: Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the Plan and concluded that as of December 31, 2019 and 2018 there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements. PART XI, LINE 4B - OTHER REVENUES INCLUDED ON FORM 990, NOT FINANCIALS: $(27,581) LOSS ON DISPOSAL OF FIXED ASSETS PART XI, LINE 2D - OTHER EXPENSES INCLUDED ON FINANCIALS, NOT FORM 990: $27,581 LOSS ON DISPOSAL OF FIXED ASSETS X false false false Dora Cervantes Union Trustee 0 240969 0 9472 0 42444 0 32280 0 325165 0 0 James Conigliaro Union Trustee/Co-Chair 0 229775 0 17919 0 38699 0 24065 0 310458 0 0 STEVEN M GALLOWAY Union Trustee 0 222562 0 16931 0 38650 0 24331 0 302474 0 0 James Tierney Executive Director 100000 352510 0 50000 828 0 40625 0 21336 100000 465299 0 0 KAREN BROWN DIRECTOR OF OPERATIONS 137983 0 4000 613 19926 0 6673 0 169195 0 0 0 Part III, Line 1 - Organization's Mission: TO PROVIDE HEALTH, WELFARE, VISION, AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ESTABLISHED UNDER A COLLECTIVE BARGAINING AGREEMENT BETWEEN VARIOUS EMPLOYERS AND THE INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, AFL-CIO AND AFFLIIATED IAM LOCAL AND IAM DISTRICT LODGES. Part VI, Section A, Line 2 - BUSINESS RELATIONSHIP: TRUSTEES DORA CERVANTES, JAMES CONIGLIARO AND STEVEN M. GALLOWAY HAVE A BUSINESS RELATIONSHIP THROUGH GRAND LODGE INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, RESPECTIVELY. Part VI, Section B, Line 11B - REVIEW PROCESS OF FORM 990: The Form 990 is prepared by an independent certified public accounting firm, engaged by the Fund, and provided a draft copy to the Fund Office for their initial review and comment. A final draft copy is then forwarded to the Fund office which then provides it to the Board of Trustees for their review prior to its filing. Part VI, Section B, Line 12c - Conflict of Interest Policy: All covered persons, trustees and fund employees, are required on annual basis to affirm in writing that they have received, understood, and will comply with the Fund's Code of Conduct. Part VI, Section B, Line 15 - COMPENSATION REVIEW PROCESS: The salary for the Fund Director is determined by the Board of Trustees. All other compensation of the non-bargaining unit staff is determined by the fund director. All other compensation of the bargaining unit staff is determined by the collective bargaining agreement. Part VI, Section C, Line 19-AVAILABILITY OF GOVERNING DOCUMENTS: Participants can request copies of the documents or review the documents at the fund office. Part XII, Line 2(C) - audit process & selection oversight: The review process is unchanged from the prior year. IAM NATIONAL PENSION FUND 1300 CONNECTICUT AVE NW WASHINGTON DC 20036 516031295 PENSION FUND DC 401(A) NA false IAM NATIONAL 401K PLAN 1300 CONNECTICUT AVE NW WASHINGTON DC 20036 320443423 PENSION FUND DC 401(K) NA false AIR TRANSPORT DISTRICT 142 N/A BOROUGH OF BELLWOOD N/A CITY OF GREENDALE N/A IAM & AW DISTRICT LODGE 1 N/A IAM & AW DISTRICT LODGE 110 N/A IAM & AW DISTRICT LODGE 15 N/A IAM & AW DISTRICT LODGE 154 N/A IAM & AW DISTRICT LODGE 166 N/A IAM & AW DISTRICT LODGE 171 N/A IAM & AW DISTRICT LODGE 27 N/A IAM & AW DISTRICT LODGE 34 N/A IAM & AW DISTRICT LODGE 37 N/A IAM & AW DISTRICT LODGE 4 N/A IAM & AW DISTRICT LODGE 5 N/A IAM & AW DISTRICT LODGE 54 N/A IAM & AW DISTRICT LODGE 60 N/A IAM & AW DISTRICT LODGE 65 N/A IAM & AW DISTRICT LODGE 73 N/A IAM & AW DISTRICT LODGE 74 N/A IAM & AW DISTRICT LODGE 75 N/A IAM & AW DISTRICT LODGE 776 N/A IAM & AW DISTRICT LODGE 8 N/A IAM & AW DISTRICT LODGE 98 N/A IAM & AW GRAND LODGE N/A IAM & AW LOCAL LODGE 10 N/A IAM & AW LOCAL LODGE 126 N/A IAM & AW LOCAL LODGE 2003 N/A IAM & AW LOCAL LODGE 2515 N/A IAM & AW LOCAL LODGE 2699 N/A IAM & AW LOCAL LODGE 519 N/A IAM & AW LOCAL LODGE 698 N/A IAM & AW LOCAL LODGE 794 N/A IAM & AW LOCAL LODGE 851 N/A IAM & AW LOCAL LODGE 933 N/A IAM AW DISTRICT LODGE 26 N/A IAM CREST N/A IAM & AW DISTRICT LODGE 110 N/A NATIONAL FEDERATION OF EMPLOYEES N/A TCUIAM TRAINING SERVICES DEPARTMENT N/A TENNESSEE VALLEY AUTHORITY (TVA) N/A UNION SPORTSMEN'S ALLIANCE N/A CARES OF MISSISSIPPI INC N/A IAM & AW DISTRICT LODGE 112 N/A IAM & AW DISTRICT LODGE 131 N/A 113 REPUBLIC AVENUE LLC ABM PARKING SERVICES-NASHVILLE AIRPORT AERO SIMULATION INC GROUP-B1 DYESS AFB AERO SIMULATION INC GROUP-B1 ELLSWORTH AERO SIMULATION INC GROUP-B1 SHEPPARD AHOLD USA ALLEN-MITCHELL & CO ALLIED AVIATION SVCS CO INC OF KANSAS ALLIED AVIATION-HOUSTON ALLIED AVIATION-NEWARK ALUTIIQ COMMERCIAL ENTERPRISES LLC ANDERSON GLOBAL INC AOCE INC ARNOLD ENGINEERING ASRC COMMUNICATIONS LTD AVT SIMULATION BALTIMORE TRUCK CENTER INC BARTH INDUSTRIES BEVERLY SHEAR MANUFACTURING BOLANA ENTERPRISES INC BOWHEAD INTEGRATED SUPPORT SERVICES BOWLING TRANSPORTATION INC BSH MANAGEMENT SERVICE LLC C MARTIN COMPANY INC CENTRAL ARMATURE CENTRAL RUBBER COMPANY CLARKE FIRE PROTECTION INC CLARKE POWER SERVICES - KROGER CLARKE POWER SERVICES INC CLC INC CLEARFIELD MACHINE COMPANY CLINKENBEARD AND ASSOCIATES INC CNH INDUSTRIAL LLC COMMERCIAL CUSTODIAL SERVICES CORNING INCORPORATED COVIA CRESCENT PLASTICS INC CRESLINE PLASTIC PIPE CO CREW TRAINING INTERNATIONAL CTC CUBIC GLOBAL DEFENSE INC CURTO-LIGONIER FOUNDRY CYMSTAR SERVICES LLC DAIRY CONVEYOR CORPORATION DAYTON SUPERIOR CORP DELAWARE RESOURCE GROUP - DOVER DELAWARE RESOURCE GROUP - JPATS DELAWARE RESOURCE GROUP III DELAWARE RESOURCE GROUP NELLIS AFB DELAWARE RESOURCE GROUP-MOUNTAIN DELAWARE RESOURCE GROUP-SEYMOUR DELAWARE RESOURCE GROUP-TRAVIS DELAWARE RESOURCES GROUP - SHAW AFB DENMAR SERVICES INC-FORT RUCKER DIVERSE TECHNOLOGY KORPS INC DIVERSIFIED SERVICE CONTRACTING INC DREIS & KRUMP MFG CO E & J TRUCK SERVICES INC ELECTRIC MOTOR SERVICES ELECTRONIC METROLOGY LABORATORY LLC ERICA LANE ENTERPRISES INC FELINS USA INC FINKL STEEL FIRST VEHICLE SERVICES FIVE RIVERS SERVICES FLINT & WALLING INC FORMTEK INC FRANK MILLARD AND COMPANY GARDNER MFG GERRESHEIMER GLASS GLENMOOR COMPANY GOLDBELT FALCON LLC HENRY PRATT COMPANYLLC HUNTINGTON INGALLS INDUSTRIES IAP WORLDWIDE SERVICES INC ILSCO CORPORATION INTERNATIONAL LOGISTICS GROUP JACOBS TECHNOLOGY INC JDD INC JOINT VENTURE GLOBAL SOLUTIONS LLP KELLOGGS SNACKS KENNA HOMES COOPERATIVE CORP KENNEDY & BOWDEN MACHINE CO INC KING AEROSPACE KOPPERS INDUSTRIES INC L-3 DOSS AVIATION INC L-3 TECHNOLOGIES VERTEX AEROSPACE LB&B ASSOCIATES INC M1 SUPPORT SERVICES M1 SUPPORT SERVICES-FORT RUCKER M-B COMPANIES MCGEE AIR SERVICES - EVERETT MCGEE AIR SERVICES - PHOENIX MCGEE AIR SERVICES - PORTLAND MCGEE AIR SERVICES - SAN FRANCISCO MCGEE AIR SERVICES - SAN JOSE MCGEE AIR SERVICES - SEATTLE MCTEAGUEHIGBEE MILWAUKEE FOOT SPECIALISTS MONTAGUE MACHINE CO 'B' MOUNT JOY WIRE CO NATIONAL CONTRACTING SERVICES LLC NATIONAL RIVET CO NAVIGATOR INTERNATIONAL LLC NEKOOSA CORPORATION NORCO INC NORTHERN ENGINEERING NUK USA PAE - ORO GRANDE PAE AVIATION AND TECH SVCS-TYNDALL AFB PAE AVIATION AND TECHNICAL SVCS LLC PAE JOHNSON SPACE CENTER PAECBP - EL PASO PAECBP - HOUSTON PINNACLE SOLUTIONS PLEXSYS INTERFACE PRODUCTS INC PRECISION MARSHALL STEEL PRESSED METAL CORP RYESON CORP S&K TECHNOLOGIES INC SA-TECHINC SATELLITE SERVICES INC SC JONES SERVICES SILGAN CONTAINERS CORP (ROCHELLE) SILGAN WHITE CAP SKOOKUM CONTRACT SERVICES SKYQUEST AVIATION LLC SODEXO-MAINE MARITIME ACADEMY SONNEBORN LLC SONORAN TECHNOLOGY & PROFESSIONAL SPINCRAFT STANDARD HORSE NAIL SUPERIOR-LIDGERWOOD-MUNDY SUSSEK MACHINE COMPANY LLC SYMVIONICS SYSTEM DYNAMICS INTERNATIONAL INC T SQUARE LOGISTICS SERVICES CORP TECNOCAP LLC THE AMERICAN ROAD MACHINERY COMPANY THE GEO GROUP INC - BROOKS THE GEO GROUP INC - COASTAL THE GEO GROUP INC - HIDALGO TIVOLY INC TOWERS IN WESTCHESTER PARK TRIANGLE PACKAGE MACHINERY COMPANY TRIUS INC TUNISTA SERVICES INC UNION MACHINE & TOOL WORKS INC VALIANT GLOBAL DEFENSE SVCX INC - CP VALIANT GLOBAL DEFENSE SVCX INC - NW VALIANT GLOBAL DEFENSE SVCX INC - NR VAUGHN MANUFACTURING CO VISHAY INTERTECHNOLOGY INC WELD TOOLING CORPORATION WICHITA CLUTCH WOLF CREEK FEDERAL SERVICES WYMAN GORDON COMPANY CAE USA MISSION SOLUTIONS LLC CHENEGA SECURITY AND SUPPORT SOLUTIONS DELAWARE RESOURCE GROUP - MOODY AFB DELAWARE RESOURCE GROUP - TUCSON AZ DELAWARE RESOURCE GROUP - HILL AFB DELAWARE RESOURCE GROUP - LITTLE ROCK DIRECT VIZ SOLUTIONS LLC KIRA GOVERNMENT SERVICES ORSA TECHNOLOGIES PAE- SGT PARTNERS (PSP) SOUTHWEST RANGE SERVICES LLC SYSTEMS APPLICATION AND TECHNOLOGIES INC T & H SERVICES LLC TECHSYSTEMS ZIA ENGINEERING & ENVIRONMENTAL CONSULTA false false false false false false false false false false false false false true false true false false true