SAUGERTIES TEACHERS ASSOCIATIONBENEFIT TRUST: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SAUGERTIES TEACHERS ASSOCIATIONBENEFIT TRUST (EIN 20-8449404)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-11-13
IRS object ID: 201303179349301550
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-13T10:02:08-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	264498883	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GEORGE V IACOBACCIO CPA PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	303 CLINTON AVE PO BOX 3623	AddressLine1
City	Kingston	City
State	NY	State
ZIP Code	12402	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	208449404	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SAUGERTIES TEACHERS ASSOCIATION BENEFIT TRUST	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SAUG	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1098	AddressLine1
City	SAUGERTIES	City
State	NY	State
ZIP Code	12477	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JANICE MARTIN	Name
Title	TREASURER	Title
Date Signed	2013-10-28	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GEORGE V IACOBACCIO	Name
PTIN	P00188317	PTIN
Phone	8453311016	Phone
Date Prepared	2013-11-13	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	387641	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Type Of Organization Trust	X	TypeOfOrganizationTrust
Year Formation	2006	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE MEDICAL, LIFE, SICK, ACCIDENT DISABILITY, LEGAL SERVICES, VISION, DENTAL AND OTHER SIMILAR BENEFITS FOR PLAN PARTICIPANTS, THEIR DEPENDENTS AND THEIR BENEFICIARIES	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	396479	ProgramServiceRevenuePriorYear
Program Service Revenue CY	387017	ProgramServiceRevenueCY
Investment Income Prior Year	1009	InvestmentIncomePriorYear
Investment Income Current Year	624	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	397488	TotalRevenuePriorYear
Total Revenue Current Year	387641	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	398949	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	408042	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2504	OtherExpensePriorYear
Other Expenses Current Year	4359	OtherExpensesCurrentYear
Total Expenses Prior Year	401453	TotalExpensesPriorYear
Total Expenses Current Year	412401	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-3965	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-24760	RevenuesLessExpensesCY
Total Assets BOY	334473	TotalAssetsBOY
Total Assets EOY	309713	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	334473	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	309713	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE MEDICAL, LIFE, SICK, ACCIDENT DISABILITY, LEGAL SERVICES, VISION, DENTAL AND OTHER SIMILAR BENEFITS FOR PLAN PARTICIPANTS, THEIR DEPENDENTS AND THEIR BENEFICIARIES	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	408042	Expense
Description	TO PROCURE DENTAL INSURANCE AND LEGAL SERVICES FOR UNION MEMBERS WHO ARE PLAN PARTICIPANTS.	Description
Total Program Service Expense	408042	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	0	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JANICE MARTIN	NamePerson
Telephone Number	8453348828	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	68 CANTERBURY DR	AddressLine1
City	SAUGERTIES	City
State	NY	State
ZIP Code	12477	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
DONALD GLASS
CO-CHAIR	3.00	X	X	0	0	0
JANICE MARTIN
TREASURER	2.00	X	X	0	0	0
MARYELLEN CURRY
SECRETARY	2.00	X	X	0	0	0
MICHELLE MILGRIM
CO-CHAIR	2.00	X	X	0	0	0
SHAWNA BRUNO
LEGAL PLAN L	1.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	MEMBER PAYMENTS FOR INS	Description
Business Code	525100	BusinessCode
Total Revenue Column	387017	TotalRevenueColumn
Exclusion	$387,017	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	387017	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	624	TotalRevenueColumn
Exclusion	$624	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	387641	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$387,641	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	408042	Total
Program Services	408042	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	650	Total
Management And General	650	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3120	Total
Management And General	3120	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	200	Total
Management And General	200	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
POSTAGE	79	79
BOND INSURANCE	100	100
BANK CHARGES	40	40
OFFICE SUPPLIES	170	170

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	412401	Total
Program Services	408042	ProgramServices
Management And General	4359	ManagementAndGeneral
Fundraising	0	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	334473	BOY
EOY	309713	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	334473	BOY
EOY	309713	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	334473	BOY
EOY	309713	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	334473	BOY
EOY	309713	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	334473	BOY
EOY	309713	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-24760	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Form 990 governing body review Part VI line 11	NO REVIEW WAS OR WILL BE CONDUCTED
O02	Governing documents etc available to public Part VI line 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC