MICHIGAN CONFERENCE OF TEAMSTERS WELFARE FUND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MICHIGAN CONFERENCE OF TEAMSTERS WELFARE FUND (EIN 38-1328578)
- Tax period
- 2010-04-01 to 2011-03-31
- Filed
- 2012-03-02
- IRS object ID
- 201240629349301244
- Schema version
- 2010v3.4
- 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 | 2012-03-02T16:12:08-06:00 | Timestamp |
| Tax Period End Date | 2011-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19176 HALL ROAD SUITE 300 | AddressLine1 |
| City | CLINTON TOWNSHIP | City |
| State | MI | State |
| ZIP Code | 48038 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381328578 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHIGAN CONFERENCE OF TEAMSTERS WELFARE FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MICH | NameControl |
| Phone | 3139642400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 TRUMBULL AVENUE | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 482161269 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD BURKER | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 3139642400 | Phone |
| Date Signed | 2012-03-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5864164900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD BURKER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 TRUMBULL AVENUE | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 482161269 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 291142779 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MCTWF.ORG | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1949 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE MEDICAL, PRESCRIPTION DRUGS, DENTAL, VISION, BEHAVIORAL HEALTH, DISABILITY AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 111 | 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 | 2785027 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 183344599 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 194493956 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3633204 | InvestmentIncomePriorYear |
| Investment Income Current Year | 749415 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 17697 | OtherRevenuePriorYear |
| Other Revenue Current Year | 16215 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 186995500 | TotalRevenuePriorYear |
| Total Revenue Current Year | 198044613 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 168845622 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 175627702 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8103333 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8407615 | 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 | 4060232 | OtherExpensePriorYear |
| Other Expenses Current Year | 4225645 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 181009187 | TotalExpensesPriorYear |
| Total Expenses Current Year | 188260962 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5986313 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 9783651 | RevenuesLessExpensesCY |
| Total Assets BOY | 251605709 | TotalAssetsBOY |
| Total Assets EOY | 285135174 | TotalAssetsEOY |
| Total Liabilities BOY | 3073619 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4221334 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 248532090 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 280913840 | NetAssetsOrFundBalancesEOY |
| Mission Description | NONE | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | TO PROVIDE MEDICAL, PRESCRIPTION DRUGS, DENTAL, VISION, BEHAVIORAL HEALTH, DISABILITY AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. | 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 | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | 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 | 1 | 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 | 0 | 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 | 0 | 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 | 7099 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 111 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | 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 | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | 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 | RICHARD BURKEREXECUTIVE DIRECTOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3139642400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 TRUMBULL AVENUE | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48216 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| WILLIAM A BERNARD | |||||||
| TRUSTEE | 3.70 | X | 24125 | 0 | 13549 | ||
| ROBERT F RAYES | |||||||
| TRUSTEE | 1.40 | X | 0 | 0 | 0 | ||
| HR HILLARD | |||||||
| TRUSTEE | 1.90 | X | 20798 | 0 | 17220 | ||
| ROBERT J LAWLOR | |||||||
| TRUSTEE | 2.40 | X | 3125 | 0 | 1643 | ||
| HOWARD MCDOUGALL | |||||||
| TRUSTEE | 3.70 | X | 24688 | 0 | 8544 | ||
| RAYMOND J BURATTO | |||||||
| TRUSTEE | 2.00 | X | 20058 | 0 | 17220 | ||
| EARL D ISHBIA | |||||||
| TRUSTEE | 1.30 | X | 0 | 0 | 0 | ||
| DENNIS HANDS | |||||||
| TRUSTEE | 1.30 | X | 12712 | 0 | 17220 | ||
| ROBRET W JONES | |||||||
| TRUSTEE | 1.10 | X | 0 | 0 | 0 | ||
| RICHARD BURKER | |||||||
| EXECUTIVE DIRECTOR | 55.00 | 242251 | 0 | 33549 | X | ||
| WILLIAM DEIGHTON | |||||||
| DIRECTOR OF INFORMATION TE | 45.00 | 155991 | 0 | 33472 | X | ||
| BARBARA A HRIT | |||||||
| DIRECTOR OF FINANCIAL SERV | 45.00 | 144844 | 0 | 33462 | X | ||
| JOSEPH A MEIROW | |||||||
| SYSTEMS ARCHITECT PROJECT | 45.00 | 118372 | 0 | 33441 | X | ||
| SYED R AHMED | |||||||
| DATABASE ADMINISTRATOR | 40.00 | 103937 | 0 | 33428 | X | ||
| SANDRA A BOWMAN-CLAUS | |||||||
| SR. DIRECTOR OF PLAN DEVELOPMENT & DDIRECTOR OF FI | 55.00 | 101337 | 0 | 29694 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 972238 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 272442 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHEILD OF MICHIGAN | |||||
| 600 LAFAYETTE EAST | DETROIT | MI | 482262998 | BENEFIT CLAIMS AND SERVICE FEES | 85317894 |
| CAREMARK | |||||
| PO BOX 840336 | DALLAS | TX | 752840336 | BENEFIT CLAIMS AND SERVICE FEES | 33869743 |
| DELTA DENTAL PLAN OF MICHIGAN INC | |||||
| C/O MICHIGAN NATIONAL BANK | LANSING | MI | 48933 | BENEFIT CLAIMS AND SERVICE FEES | 15208373 |
| DELTA DENTAL PLAN OF MICHIGAN INC VISIO | |||||
| C/O MICHIGAN NATIONAL BANK | LANSING | MI | 48933 | BENEFIT CLAIMS AND SERVICE FEES | 1860119 |
| MICHIGAN CONFERENCE OF TEAMSTERS WELFARE | |||||
| 2700 TRUMBULL AVENUE | DETROIT | MI | 48216 | FUND EMPLOYEES HEALTH & WELFARE | 1436168 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 17 | NumberOfContractorsGT100K |
| Government Grants | 2785027 | GovernmentGrants |
| Total Contributions | 2785027 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | 178269498 | 178269498 |
| EMPLOYEE CONTRIBUTIONS | 900099 | 9782800 | 9782800 |
| INVESTMENT ACTIVITY | 900001 | 6441658 | 6441658 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 194493956 | TotalProgramServiceRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15860 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 15860 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15860 | TotalRevenueColumn |
| Exclusion | $15,860 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 93847581 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 93098166 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 749415 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 749415 | TotalRevenueColumn |
| Related Or Exempt Function Income | 749415 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 355 | TotalRevenueColumn |
| Related Or Exempt Function Income | 355 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 355 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 198044613 | TotalRevenueColumn |
| Related Or Exempt Function Income | 195243726 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $15,860 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175627702 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 456700 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5038786 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1023567 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1444408 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444154 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286048 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73699 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1155384 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 376487 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 492110 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 440864 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444091 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38450 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9430 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 498060 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 262784 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| REPAIRS AND MAINTENANCE | 117068 |
| SEVERANCE PAY | 20485 |
| MISCELLANEOUS | 7034 |
| EMPLOYEE RELATIONS | 3651 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188260962 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1767328 | BOY |
| EOY | 11771120 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9794936 | BOY |
| EOY | 6068851 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13147266 | BOY |
| EOY | 11682876 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6577885 | BOY |
| EOY | 7089768 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8532069 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5608313 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3186609 | BOY |
| EOY | 2923756 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127746441 | BOY |
| EOY | 157782956 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89083330 | BOY |
| EOY | 87533392 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 301914 | BOY |
| EOY | 282455 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251605709 | BOY |
| EOY | 285135174 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 964152 | BOY |
| EOY | 1359250 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2109467 | BOY |
| EOY | 2862084 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3073619 | BOY |
| EOY | 4221334 | 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 | 248532090 | BOY |
| EOY | 280913840 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 248532090 | BOY |
| EOY | 280913840 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251605709 | BOY |
| EOY | 285135174 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 9783651 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 22598099 | 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
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 440593 | OtherCostOrOtherBasis |
| Book Value | 440593 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 948957 | OtherCostOrOtherBasis |
| Depreciation | 932452 | Depreciation |
| Book Value | 16505 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2804161 | OtherCostOrOtherBasis |
| Depreciation | 1218008 | Depreciation |
| Book Value | 1586153 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2303389 | OtherCostOrOtherBasis |
| Depreciation | 1889131 | Depreciation |
| Book Value | 414258 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2034969 | OtherCostOrOtherBasis |
| Depreciation | 1568722 | Depreciation |
| Book Value | 466247 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2923756 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MUTUAL FUNDS | 67434133 | F |
| HEDGE FUND OF FUNDS | 20099259 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 87533392 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONTRIBUTIONS PAID IN ADVANCE | Description |
| Amount | $2,862,084 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2862084 | TotalOfAmounts |
| Total Revenue | 198044613 | TotalRevenue |
| Total Expenses | 188260962 | TotalExpenses |
| Excess Or Deficit For Year | 9783651 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 22598099 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 22598099 | TotalAdjustments |
| Excess Or Deficit Per FS | 32381750 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 219487328 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 22598099 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 22598099 | RevenueNotRptdF990 |
| Revenue Subtotal | 196889229 | RevenueSubtotal |
| Investment Expenses Not Included | 1155384 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1155384 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 198044613 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 187105578 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 187105578 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 1155384 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 1155384 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 188260962 | TotalExpensesPerForm990 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD BURKER | |||||||||||||
| 242251 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33549 | 0 | 275800 | 0 | 0 | 0 |
| WILLIAM DEIGHTON | |||||||||||||
| 155991 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33472 | 0 | 189463 | 0 | 0 | 0 |
| BARBARA A HRIT | |||||||||||||
| 144844 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33462 | 0 | 178306 | 0 | 0 | 0 |
| JOSEPH A MEIROW | |||||||||||||
| 118372 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33441 | 0 | 151813 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE DIRECTOR OF FINANCIAL SERVICES AND THE EXECUTIVE DIRECTOR REVIEW THE FORM 990 PREPARED BY THE INDEPENDENT AUDITORS. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES BEFORE FILING. | |
| AN ANNUAL DISCLOSURE QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD OF TRUSTEES, MCTWF EMPLOYEES, FUND PROFESSIONALS AND VENDORS TO IDENTIFY CIRCUMSTANCES, RELATIONSHIPS AND TRANSACTIONS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. THE QUESTIONNAIRES ARE REVIEWED BY THE HUMAN RESOURCES DIRECTOR, EXECUTIVE DIRECTOR AND LEGAL COUNSEL. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THERE IS A WRITTEN EMPLOYMENT CONTRACT THAT IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTESS. AN ANNUAL MERIT POOL IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES FOR OTHER SALARIED EMPLOYEES BASED ON A RECOMMENDATION BY THE EXECUTIVE DIRECTOR THAT IS APPROVED BY THE BOARD OF TRUSTEES. INDIVIDUAL MERIT INCREASES ARE DETERMINED BY THE EXECUTIVE DIRECTOR BASED ON PERFOMANCE APPRAISALS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE TRUST AGREEMENT IS AVAILABLE ON THE FUND'S WEBSITE. THE AUDITED ANNUAL FINANCIAL STATEMENTS AS PART OF THE FORM 5500 IS AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 22,598,099. | FORM 990, PART XI, LINE 5: |
| THE AUDITOR IS RETAINED BY THE BOARD OF TRUSTEES AND, IN ACCORDANCE WITH THE TERMS OF THAT RETENTION, THE AUDITOR IS ACCOUNTABLE TO AND FULLY REPORTS ITS AUDIT FINDINGS TO THE BOARD OF TRUSTEES. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THIS RETURN IS BEING FILED BETWEEN MARCH 1, 2012, AND MARCH 30, 2012, AS DIRECTED BY THE IRS IN NOTICE 2012-4, BECAUSE ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 29, 2012. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE TO THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN. | Explanation |