HAWAII CARPENTERS HEALTH & WELFARE TRUST FUND: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HAWAII CARPENTERS HEALTH & WELFARE TRUST FUND (EIN 99-6014752)
- Tax period
- 2011-09-01 to 2012-08-31
- Filed
- 2013-05-29
- IRS object ID
- 201321499349300102
- Schema version
- 2011v1.5
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-29T04:17:28-05:00 | Timestamp |
| Tax Period End Date | 2012-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205496781 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James P Hasselman CPA LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 11149 | AddressLine1 |
| City | Honolulu | City |
| State | HI | State |
| ZIP Code | 96828 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 996014752 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hawaii Carpenters Health & Welfare Fund | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HAWA | NameControl |
| Phone | 8088417575 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 N Vineyard Blvd No 100 | AddressLine1 |
| City | Honolulu | City |
| State | HI | State |
| ZIP Code | 96817 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Paul CK Chang | Name |
| Title | Co-Chair, Board of Trustees | Title |
| Phone | 8088417575 | Phone |
| Date Signed | 2013-05-20 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James Hasselman | Name |
| PTIN | P00653759 | PTIN |
| Phone | 8087215483 | Phone |
| Date Prepared | 2013-05-20 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Paul CK Chang | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 N Vineyard Blvd No 100 | AddressLine1 |
| City | Honolulu | City |
| State | HI | State |
| ZIP Code | 96817 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 76909404 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.hbai.net | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1967 | YearFormation |
| State Legal Domicile | HI | StateLegalDomicile |
| Activity Or Mission Description | To operate a health and welfare employee benefit plan. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 35606894 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 34002381 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3885182 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4575052 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 39492076 | TotalRevenuePriorYear |
| Total Revenue Current Year | 38577433 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 29204311 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 28931482 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 857 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 895 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1656668 | OtherExpensePriorYear |
| Other Expenses Current Year | 1734197 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 30861836 | TotalExpensesPriorYear |
| Total Expenses Current Year | 30666574 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8630240 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7910859 | RevenuesLessExpensesCY |
| Total Assets BOY | 139772673 | TotalAssetsBOY |
| Total Assets EOY | 152392100 | TotalAssetsEOY |
| Total Liabilities BOY | 145520 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 125486 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 139627153 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 152266614 | NetAssetsOrFundBalancesEOY |
| Mission Description | To operate a health and welfare benefit plan. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | The Fund provided medical, dental, life insurance and other health & welfare benefits to eligible plan participants. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 55 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hawaii Benefit Administrators Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8088417575 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 N Vineyard Blvd Suite 100 | AddressLine1 |
| City | Honolulu | City |
| State | HI | State |
| ZIP Code | 96817 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Henry Iida | ||||||
| Co-Chairman | 1.00 | X | X | 0 | 0 | 0 |
| Paul C K Chang | ||||||
| Co-Chairman | 1.00 | X | X | 0 | 0 | 0 |
| Russell Young | ||||||
| Secretary | 0.10 | X | X | 0 | 0 | 0 |
| Thomas Toma | ||||||
| Trustee | 0.10 | X | 0 | 0 | 0 | |
| Glen Kaneshige | ||||||
| Trustee | 0.10 | X | 0 | 0 | 0 | |
| Ronald Taketa | ||||||
| Trustee | 0.10 | X | 0 | 0 | 0 | |
| Elmer Cabico | ||||||
| Trustee | 0.10 | X | 0 | 0 | 0 | |
| Clifford Respicio | ||||||
| Trustee | 0.10 | X | 0 | 0 | 0 | |
| George Ehara | ||||||
| Trustee | 0.10 | X | 0 | 0 | 0 | |
| Keith Hirota | ||||||
| Trustee | 0.10 | X | 701 | 0 | 0 | |
| Audrey Hidano | ||||||
| Alternate | 0.10 | X | 0 | 0 | 0 | |
| Lance Yoshimura | ||||||
| Alternate | 0.10 | X | 0 | 0 | 0 | |
| Mitchell Tynanes | ||||||
| Alternate | 0.10 | X | 0 | 0 | 0 | |
| Eric Hashizume | ||||||
| Alternate | 0.10 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 701 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Hawaii Benefit Administrators Inc | |||||
| 200 N Vineyard Blvd Ste 100 | Honolulu | HI | 96817 | Plan administration | 481155 |
| Benefit Plan Solutions Inc | |||||
| 680 Iwilei Road Suite 528 | Honolulu | HI | 96817 | Plan consulting | 110786 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Employer contributions | 230000 | 32095084 | 32095084 |
| Employee contributions | 230000 | 1821043 | 1821043 |
| COBRA subsidy | 230000 | 86254 | 86254 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 34002381 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3934670 | TotalRevenueColumn |
| Exclusion | $3,934,670 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 38972353 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 38331971 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 640382 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 640382 | TotalRevenueColumn |
| Related Or Exempt Function Income | 640382 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38577433 | TotalRevenueColumn |
| Related Or Exempt Function Income | 34642763 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,934,670 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28931482 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 895 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 481155 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41091 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69644 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7862 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230824 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83573 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23378 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4675 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17131 | Total |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Claims processing expen | 771695 |
| Miscellaneous expenses | 3169 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30666574 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11892975 | BOY |
| EOY | 6800031 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3461106 | BOY |
| EOY | 4077215 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5544 | BOY |
| EOY | 28147 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107576154 | BOY |
| EOY | 136044580 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15701500 | BOY |
| EOY | 4153892 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1135394 | BOY |
| EOY | 1288235 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139772673 | BOY |
| EOY | 152392100 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145520 | BOY |
| EOY | 125486 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145520 | BOY |
| EOY | 125486 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139627153 | BOY |
| EOY | 152266614 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139627153 | BOY |
| EOY | 152266614 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139772673 | BOY |
| EOY | 152392100 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7910859 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4728602 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Total Revenue | 38577433 | TotalRevenue |
| Total Expenses | 30666574 | TotalExpenses |
| Excess Or Deficit For Year | 7910859 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4728602 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 4728602 | TotalAdjustments |
| Excess Or Deficit Per FS | 12639461 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 43298173 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4728602 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 4728602 | RevenueNotRptdF990 |
| Revenue Subtotal | 38569571 | RevenueSubtotal |
| Investment Expenses Not Included | 7862 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 7862 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 38577433 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 30658712 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 30658712 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 7862 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 7862 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 30666574 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of Uncertain Tax Positions Under FIN 48: | Identifier |
| Return Reference | Part X: | ReturnReference |
| Explanation | The audited financial statements contain the following disclosure pertaining to FIN 48 (ASC 740): "Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Fund administrator has analyzed the tax positions taken by the plan and has concluded that as of August 31, 2012, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions, however there are currently no audits for any tax periods in progress. The Fund administrator believes the Fund is no longer subject to income tax examinations for fiscal years prior to 2009." | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hawaii Benefit Administrators Inc (HBAI) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | One or more trustees of the organization is a director of HBAI. | Relationship |
| Amount Of Transaction | 481155 | AmountOfTransaction |
| Description Of Transaction | The organization has contracted with HBAI to provide plan administration services to the Fund. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | The Board of Trustees is composed of ten voting trustees, five of whom are "union" trustees and five of whom are "contractor" trustees. The "union" trustees are appointed by the United Brotherhood of Carpenters and Joiners of America, Local 745. The "contractor" trustees are appointed by the General Contractors Labor Association and/or the Building Industry Labor Association. | |
| Form 990, Part VI, Section A, line 3 | Management control is retained by the Board of Trustees. Administrative duties have been contracted to a third party administrator. | |
| Form 990, Part VI, Section A, line 7a | The governing board is appointed by the Hawaii Regional Council of Carpenters, the General Contractors Labor Association, and/or the Building Industry Labor Association. | |
| Form 990, Part VI, Section B, line 11 | Form 990 was provided to the Board of Trustees and reviewed with the trustees by the tax preparer. | |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, form 990, and financial statements available for public inspection upon request. | |
| Form 990, Part XI, line 5: | Net unrealized gains on investments: 4,728,602. | Changes in Net Assets or Fund Balances: |
| The process for reviewing the annual audit has not changed from the prior year. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| Hawaii Carpenters Apprenticeship Training Fund | |||||||||
| 200 N Vineyard Blvd Suite 100 | Honolulu | HI | 96817 | 990119158 | To provide education and training benefits to unionized employees | HI | 501(c)(5) | None | 0 |
| Hawaii Carpenters Market Recovery Program Fund | |||||||||
| 200 N Vineyard Blvd Suite 100 | Honolulu | HI | 96817 | 990264270 | To explore joint employer/employee work opportunities | HI | 501(c)(5) | None | 0 |
| Hawaii Carpenters Drywall Training Fund | |||||||||
| 200 N Vineyard Blvd Suite 100 | Honolulu | HI | 96817 | 990143105 | To provide education and training benefits to unionized employees | HI | 501(c)(5) | None | 0 |
| Hawaii Carpenters Vacation & Holiday Fund | |||||||||
| 200 N Vineyard Blvd Suite 100 | Honolulu | HI | 96817 | 996025504 | To provide vacation and holiday benefits to unionized employees | HI | 501(c)(9) | None | 0 |
| Hawaii Carpenters Financial Security Fund | |||||||||
| 200 N Vineyard Blvd Suite 100 | Honolulu | HI | 96817 | 990264272 | Employee benefit plan providing retirement benefits | HI | None | 0 | |
| Hawaii Carpenters 401(k) Fund | |||||||||
| 200 N Vineyard Blvd Suite 100 | Honolulu | HI | 96817 | 550822045 | Employee benefit plan providing retirement benefits | HI | None | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule R Identification of Related Organizations | Identifier |
| Explanation | The filing organization is a Taft-Hartley multiemployer trust that provides health and welfare benefits to eligible employees. As of August 31, 2012 there are over 200 employers that contribute to the Trust. The administrative office maintains a database of these contributing employers, including names, addresses and other contact information. However, certain information that is required to be reported on Schedule R, such as employer identification numbers and legal structure (corporation, partnership, etc.) for each contributing employer is not on file with the administrative office. The administrative office made a reasonable attempt to collect this information but the information was not obtained. As a result, the contributing employers have not been included on Schedule R. | Explanation |