2012-04-13T15:40:11-05:00 2011-06-30 BDO USA LLP 633 THIRD AVENUE 13TH FLOOR NEW YORK NY 10017 990 2010-07-01 136841620 BUILDING SERVICE 32BJ LEGAL SERVICES FUND BUIL 2125392778 25 WEST 18TH STREET NEW YORK NY 100114676 MICHAEL FISHMAN HOWARD ROTHSCHILD 2125392778 2012-04-13 1 JAMES P WETZOLD 2123155000 2010 2016-02-24 21:20:13Z X MICHAEL FISHMAN HOWARD 25 WEST 18TH STREET NEW YORK NY 100114676 14777254 0 X WWW.32BJFUNDS.COM X 501(C)(9) 1984 NY THE FUND PROVIDES LEGAL REPRESENTATION TO ELIGIBLE PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS FOR COVERED LEGAL MATTERS. ELIGIBILITY FOR BENEFITS DEPENDS UPON THE PARTICULAR COLLECTIVE BARGAINING AGREEMENT OR PARTICIPATION AGREEMENT. 8 8 64 0 0 0 0 0 13822324 13799990 162191 278209 187516 184809 14172031 14263008 0 0 1519641 1652945 6460427 6681616 0 0 0 3387556 3354110 11367624 11688671 2804407 2574337 19687938 22023729 2880445 1881440 16807493 20142289 THE FUND PROVIDES LEGAL REPRESENTATION TO ELIGIBLE PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS FOR COVERED LEGAL MATTERS. ELIGIBILITY FOR BENEFITS DEPENDS UPON THE PARTICULAR COLLECTIVE BARGAINING AGREEMENT OR PARTICIPATION AGREEMENT. 0 0 THE FUND PROVIDES LEGAL REPRESENTATION TO APPROXIMATELY 96,500 ELIGIBLE PARTICIPANTS. 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 87 0 64 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALAN LANGER CONTROLLER 2123883489 25 WEST 18TH STREET NEW YORK NY 100114676 MICHAEL FISHMAN 1.00 X 0 0 0 KEVIN DOYLE 1.00 X 0 0 0 HECTOR FIGUEROA 1.00 X 0 0 0 LENORE FRIEDLAENDER 1.00 X 0 0 0 HOWARD ROTHSCHILD 1.00 X 0 0 0 CHARLES DOREGO 1.00 X 0 0 0 JOHN SANTORA 1.00 X 0 0 0 FRED WARD 1.00 X 0 0 0 SUSAN COWELL 2.00 X 14183 201039 21178 PETER GOLDBERGER 5.00 X 12215 173394 20255 LAZARO GONZALEZ 1.00 X 13746 195125 20962 ALAN SNYDER 35.00 X 210926 0 29482 BARBARA CARESS 2.00 X 12802 183547 20332 MARGARET NAPIER 0.30 X 91 180393 19720 LONNIE TISHMAN 35.00 X 180125 0 19781 IMTIAZ ALUR MOHAMMAD 2.00 X 9521 159631 18796 RANDI FARBER 0.20 X 1085 173501 19362 454694 1266630 189868 18 0 1 0 STEPHEN ZEITLIN 50 COURT STREET BROOKLYN NY 11201 LEGAL SERVICES 249433 ANDREW GONZALEZ ESQ 841 BROADWAY NEW YORK NY 10003 LEGAL SERVICES 169214 BJ KIM ESQ 2160 NORTH CENTRAL ROAD FORT LEE NJ 07024 LEGAL SERVICES 168191 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 100368299 LEGAL SERVICES 141312 DAVID RUSSO ESQ 901 TEANECK ROAD TEANECK NJ 076664511 LEGAL SERVICES 124907 9 EMPLOYERS CONTRIBUTION 900099 13799990 13799990 13799990 229459 229459 13200 49348 -36148 -36148 -36148 513648 464898 48750 48750 48750 OTHER INCOME 900099 94817 94817 LIQUIDATED DAMAGES 900099 68668 68668 INTEREST INCOME - EMPL 900099 57472 57472 220957 14263008 14033549 0 229459 1652945 4965606 204088 968417 543505 167560 56717 12000 119743 14357 1500721 4541 859640 73716 OFFICE SUPPLIES 118386 CONSULTING 108258 PUBLICATIONS 90864 BOOKS AND PERIODICALS 87543 COURT PROCESSING FEES 85412 54652 11688671 298214 3897183 10638544 381445 870270 1440270 364855 439985 17315177 15058146 1309090 2257031 5705800 13078372 186044 225829 315121 303614 19687938 22023729 238027 184644 213473 380945 2428945 1315851 2880445 1881440 X 0 0 0 0 16807493 20142289 16807493 20142289 19687938 22023729 X 2574337 760459 X 0 1 1 X 0 0 1 5932067 4266378 1665689 896842 523336 373506 10486268 10268432 217836 2257031 OBLIGATION UNDER CAPITAL LEASE 641563 DEFERRED COMPENSATION 225829 LEGAL SERVICES PROGRAM PAYABLE 76278 DUE TO AFFILIATE 372181 1315851 14263008 11688671 2574337 760459 760459 3334796 15034415 747259 747259 14287156 12000 -36148 -24148 14263008 11788276 0 11788276 12000 -111605 -99605 11688671 PART IV, LINE 2B: THE PLAN REQUIRES ELIGIBLE PARTICIPANTS TO DEPOSIT MONEY INTO AN ESCROW ACCOUNT WITH THE FUND PRIOR TO OPENING A CASE FILE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE PLAN EVALUATES EACH TAX POSITION INDIVIDUALLY USING THE RECOGNITION AND MEASUREMENT CRITERIA ESTABLISHED IN FASB ASC TOPIC 740, "INCOME TAXES." THAT IS, FIRST, THE PLAN RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION IF IT DETERMINES THAT IT IS MORE LIKELY THAN NOT (I.E., A LIKELIHOOD OF MORE THAN 50 PERCENT), BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED ON EXAMINATION. THEN, THE PLAN MEASURES THE AMOUNT OF BENEFIT DERIVED FROM SUCH TAX POSITION AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. THE DIFFERENCE BETWEEN A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND THE TAX BENEFIT RECOGNIZED AND MEASURED ACCORDING TO THE AFOREMENTIONED CRITERIA IS AN UNRECOGNIZED TAX BENEFIT FOR WHICH A LIABILITY IS CREATED (AND AN EXPENSE IS RECORDED). THE PLAN CLASSIFIES INTEREST AND PENALTIES ASSOCIATED WITH THE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS INCOME TAX EXPENSES. THE PLAN IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE JULY 1, 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET UNREALIZED GAIN IN FAIR VALUE OF INVESTMENTS 747,259. RENTAL INCOME NETTED ON FINANCIAL STATEMENTS 13,200. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET RENTAL LOSS -36,148. PART XIII, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME NETTED ON FINANCIAL STATEMENTS 13,200. NET RENTAL LOSS -36,148. CHANGE IN BENEFITS PAYABLE -88,657. X X X 0 0 0 SUSAN COWELL 13663 193670 520 7370 0 0 0 0 1697 24049 15880 225089 0 0 PETER GOLDBERGER 11981 170070 234 3324 0 0 0 0 1654 23189 13869 196583 0 0 LAZARO GONZALEZ 13240 187940 506 7186 0 0 0 0 1680 23850 15426 218976 0 0 ALAN SNYDER 199568 0 11358 0 0 0 8500 0 25551 0 244977 0 0 0 BARBARA CARESS 12338 176895 464 6651 0 0 0 0 1623 23277 14425 206823 0 0 MARGARET NAPIER 88 175570 3 6744 0 0 0 0 12 24485 103 206799 0 0 LONNIE TISHMAN 176758 0 3367 0 0 0 0 0 24349 0 204474 0 0 0 IMTIAZ ALUR MOHAMMAD 9348 161754 173 3000 0 0 0 0 1308 22625 10829 187379 0 0 RANDI FARBER 1065 171388 20 3153 0 0 0 0 149 23897 1234 198438 0 0 FORM 990, PART VI, SECTION A, LINE 7A IF A UNION TRUSTEE VACANCY ARISES, THE FUND'S TRUST AGREEMENT PROVIDES THAT SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 32BJ HAS THE POWER TO APPOINT A SUCCESSOR UNION TRUSTEE FOR THE FUND. IF AN EMPLOYER TRUSTEE VACANCY ARISES, THE FUND'S TRUST AGREEMENT PROVIDES THAT THE REALTY ADVISORY BOARD HAS THE POWER TO APPOINT A SUCCESSOR EMPLOYER TRUSTEE FOR THE FUND. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND CONTROLLER. THE FINAL FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE FUND IS SUBJECT TO THE REQUIREMENTS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT, AS AMENDED ("ERISA") AND THE FIDUCIARY STANDARDS OF ERISA, INCLUDING THE PROHIBITED TRANSACTIONS PROVISIONS, WHICH CONSTITUTES THE FUND'S CONFLICT OF INTEREST POLICY. THE BOARD OF TRUSTEES MONITORS AND ENFORCES COMPLIANCE WITH THOSE PROVISIONS AS REQUIRED BY ERISA ALONG WITH THE ASSISTANCE OF THE FUND'S PROFESSIONALS. FORM 990, PART VI, SECTION B, LINE 15 THE FUND RETAINED AN INDEPENDENT COMPENSATION CONSULTANT, WHICH CONDUCTED SEARCHES ON A LOCAL AND NATIONAL LEVEL FOR SIMILAR JOBS AND DETERMINED REASONABLENESS OF THE FUND'S COMPENSATION BASED ON THE BENEFITS THE FUND PROVIDES AND OTHER INTERNAL FACTORS. THE CONSULTANT ALSO BUILT A SALARY STRUCTURE FOUNDATION FOR THE FUND AND THAT STRUCTURE IS REVIEWED ANNUALLY AND ADJUSTED WHEN APPROPRIATE. IN ADDITION, THE DIRECTOR OF HUMAN RESOURCES SUBSCRIBES TO AN ONLINE COMPENSATION SURVEY WHICH IS USED AS A TOOL IN REVIEWING THE FUND'S COMPENSATION FOR COMPARABILITY PURPOSES AGAINST THE CURRENT JOB MARKET. FORM 990, PART VI, SECTION C, LINE 19 THE FUND MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS, BENEFICIARIES, THE SPONSORING UNION, AND CONTRIBUTING EMPLOYERS AS REQUIRED BY ERISA. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAIN IN FAIR VALUE OF INVESTMENTS 747,259. RENTAL INCOME NETTED ON FINANCIAL STATEMENTS 13,200. TOTAL TO FORM 990, PART XI, LINE 5: 760,459. BUILDING SERVICE 32BJ PENSION FUND 25 WEST 18TH STREET NEW YORK NY 100114676 131879376 PENSION BENEFITS NY 501(A) NOT APPLICABLE 0 THOMAS SHORTMAN TRAINING SCHOLARSHIP AND SAFETY FUND 25 WEST 18TH STREET NEW YORK NY 100114676 237424757 TRAINING FUND NY 501(C)(3) LINE 2 NOT APPLICABLE 0 BUILDING SERVICE 32BJ HEALTH FUND 25 WEST 18TH STREET NEW YORK NY 100114676 132928869 HEALTH BENEFITS NY 501(C)(9) NOT APPLICABLE 0 BUILDING SERVICE 32BJ SRSP FUND 25 WEST 18TH STREET NEW YORK NY 100114676 133507075 401(K) PROFIT SHARING NY 401 NOT APPLICABLE 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0