MANAGEMENT-ILA MANAGED HEALTHCARE EMPLOYEE BENEFITS TR: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MANAGEMENT-ILA MANAGED HEALTHCARE EMPLOYEE BENEFITS TR (EIN 13-3968546)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-15
IRS object ID: 201243209349309284
Schema version: 2011v1.2
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 D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-15T16:15:54-08:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DeSena & Company CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 Eagle Rock Avenue Suite 110	AddressLine1
City	East Hanover	City
State	NJ	State
ZIP Code	07936	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	133968546	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MANAGEMENT-ILA MANAGED HEALTH	BusinessNameLine1
Business Name Line2	CARE TRUST FUND	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	MANA	NameControl
Phone	2127665700	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 BROADWAY - 5TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10006	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	LAVERNE THOMPSON	Name
Title	Executive Director	Title
Date Signed	2012-11-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Raymond B Desena CPA	Name
Phone	9736023300	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	1427577115	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www.milamhctf.com	WebSite
Type Of Organization Trust	X	TypeOfOrganizationTrust
Year Formation	1997	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TO ADMINISTER HEALTH AND WELFARE BENEFITS OF A TAFT HARTLEY FUND PROVIDING BENEFITS TO OVER 60,000 PARTICIPANTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	17	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	17	NbrIndependentVotingMembers
Total Nbr Employees	8	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	352377596	ProgramServiceRevenuePriorYear
Program Service Revenue CY	370788182	ProgramServiceRevenueCY
Investment Income Prior Year	26398358	InvestmentIncomePriorYear
Investment Income Current Year	29302278	InvestmentIncomeCurrentYear
Other Revenue Prior Year	26534387	OtherRevenuePriorYear
Other Revenue Current Year	35263877	OtherRevenueCurrentYear
Total Revenue Prior Year	405310341	TotalRevenuePriorYear
Total Revenue Current Year	435354337	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	327305061	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	396927464	BenefitsPaidToMembersCY
Salaries Etc Prior Year	595626	SalariesEtcPriorYear
Salaries Etc Current Year	610411	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3635139	OtherExpensePriorYear
Other Expenses Current Year	3862923	OtherExpensesCurrentYear
Total Expenses Prior Year	331535826	TotalExpensesPriorYear
Total Expenses Current Year	401400798	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	73774515	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	33953539	RevenuesLessExpensesCY
Total Assets BOY	770832974	TotalAssetsBOY
Total Assets EOY	814110670	TotalAssetsEOY
Total Liabilities BOY	50126644	TotalLiabilitiesBOY
Total Liabilities EOY	51497512	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	720706330	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	762613158	NetAssetsOrFundBalancesEOY
Mission Description	VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) TO ADMINISTER HEALTH AND WELFARE BENEFITS OF A TAFT HARTLEY FUND PROVIDING BENEFITS TO OVER 60,000 PARTICIPANTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	AS OF 12/31/2011 THIS VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (VEBA) ADMINISTERED HEALTH AND WELFARE BENEFITS FOR 12,713 ACTIVE PARTICIPANTS AND 11,398 RETIRED OR SEPARATED PARTICIPANTS FOR WHICH INCLUDING DEPENDENTS, INCLUDES OVER 60,000 PARTICIPANTS.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
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	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	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	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
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
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	10	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	8	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	17	NbrVotingGoverningBodyMembers
Number Independent Voting Members	17	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	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	false	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	LAVERNE THOMPSON-EXECDIR	NamePerson
Telephone Number	2127665700	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	111 BROADWAY-5TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10006	ZIPCode

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

Form990 Part VII Section A Form990PartVIISectionA (19 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee
OLE A SWEEDLUND
Trustee	0.00	X	0	0	0
JAMES R GRAY JR
Trustee	0.00	X	0	0	0
JAMES H PAYLOR
Trustee	0.00	X	0	0	0
RICHARD F MEYER
Trustee	0.00	X	0	0	0
KENNETH RILEY
Trustee	0.00	X	0	0	0
WILLIAM R MCNAMARA
Trustee	0.00	X	0	0	0
MICHAEL ANGELOS
Trustee	0.00	X	0	0	0
ROGER GIESINGER
Trustee	0.00	X	0	0	0
BENNY HOLLAND
TRUSTEE	0.00	X	0	0	0
JAMES T MCCLELAND
Trustee	0.00	X	0	0	0
NATHAN WESLEY
Trustee	0.00	X	0	0	0
JOSEPH C CURTO
Trustee	0.00	X	0	0	0
WILLIAM J MESSINA
Trustee	0.00	X	0	0	0
WILLIE SEYMOURE
Trustee	0.00	X	0	0	0
MICHAEL VIGNERON
Trustee	0.00	X	0	0	0
RICHARD P HUGHES JR
TRUSTEE	0.00	X	0	0	0
DAVID F ADAM
Trustee	0.00	X	0	0	0
LAVERNE THOMPSON
EXECUTIVE DIRECTOR	40.00		171794	0	17179	X
ROBIN CSABON
DIRECTOR OF ACCOUNTING	40.00		161884	0	16188	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	333678	TotalReportableCompFromOrg
Total Other Compensation	33367	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
LORD ABBETT & CO
90 HUDSON STREET	JERSEY CITY	NJ	07302	INVESTMENT MANAGER	402889
CVSCAREMARK
909 E COLINS BLVD	RICHARDSON	TX	75081	ADMINISTRATION	534602
CIGNA HEALTH CARE
1111 MARKET STREET	CHATTANOOGA	TN	37402	ADMINISTRATION	9932258
BENECOM ASSOCIATES
PO BOX 1423	AVON	CT	06001	MEMBER COMMUNICATION	475073
AETNA
PO BOX 70944	CHICAGO	IL	606730944	ADMINISTRATION	862412

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	17	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	Membership Dues & Assessments	Description
Total Revenue Column	370788182	TotalRevenueColumn
Related Or Exempt Function Income	370788182	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	370788182	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	21525057	TotalRevenueColumn
Related Or Exempt Function Income	21525057	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	999999999	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	992222778	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	7777221	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	7777221	TotalRevenueColumn
Related Or Exempt Function Income	7777221	RelatedOrExemptFunctionIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PHARMACEUTICAL REBATES	12240173	12240173
MEDICARE PART D SUBSIDY	12161301	12161301
BENEFITS REIMBURSED	6445179	6445179

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4417224	TotalRevenueColumn
Related Or Exempt Function Income	4417224	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	35263877	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	435354337	TotalRevenueColumn
Related Or Exempt Function Income	435354337	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	396927464	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	333678	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	189121	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	52275	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	35337	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	749758	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	155979	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	915203	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	61750	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	6880	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	105552	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
MEMBER COMMUNICATION EXPENSES	291995
FIDUCIARY INSURANCE	130336
COMPUTER CONSULTING	273600
ASSESSMENT AUDITOR	300000
ACTUARIAL&BENEFIT CONSULTING	301083

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	570787	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	401400798	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	42439889	BOY
EOY	35164383	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	60520883	BOY
EOY	74392334	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	133988	BOY
EOY	42386	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	736275	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	321393	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	382315	BOY
EOY	414882	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	451031493	BOY
EOY	483613807	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	216324406	BOY
EOY	220482878	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	770832974	BOY
EOY	814110670	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	41509377	BOY
EOY	50088008	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	8617267	BOY
EOY	1409504	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	50126644	BOY
EOY	51497512	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	720706330	BOY
EOY	762613158	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	720706330	BOY
EOY	762613158	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	770832974	BOY
EOY	814110670	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	33953539	ReconcilationRevenueExpenses
Reconcilation Other Changes	7953289	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	false	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	199784	OtherCostOrOtherBasis
Depreciation	51932	Depreciation
Book Value	147852	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	505370	OtherCostOrOtherBasis
Depreciation	250528	Depreciation
Book Value	254842	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	31121	OtherCostOrOtherBasis
Depreciation	18933	Depreciation
Book Value	12188	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	414882	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	SECURITY DEPOSIT - OFFICE LEASE	Description
Book Value	24940	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	220482878	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
OTHER ACCRUED EXPENSES	$8,773
DEFERRED PARTICIPATION AGREEMENT COSTS	$344,074
ACCRUED PROFESSIONAL FEES	$830,229
ACCRUED INVESTMENT MANAGEMENT FEES	$226,428

Field	Value	IRS element (for citing)
Total Of Amounts	1409504	TotalOfAmounts
Total Revenue	435354337	TotalRevenue
Total Expenses	401400798	TotalExpenses
Excess Or Deficit For Year	33953539	ExcessOrDeficitForYear
Other	$7,953,289	OtherAmount
Total Adjustments	7953289	TotalAdjustments
Excess Or Deficit Per FS	41906828	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	435354337	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	435354337	RevenueSubtotal
Total Revenue Per Form990	435354337	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	401400798	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	401400798	ExpensesSubtotal
Total Expenses Per Form990	401400798	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	UNREALIZED GAIN ON INVESTMENTS $7953286 ROUNDING $3	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
ROBIN CSABON
161884	16188	178072
LAVERNE THOMPSON
171794	17179	188973

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	ORGANIZATION FILES FORM 5500 WITH THE US DEPARTMENT OF LABOR AND IRS AND ALSO SENDS A SUMMARY ANNUAL REPORT TO EACH PARTICIPANT ON AN ANNUAL BASIS. ANY DOCUMENTS OTHER THAN THE FUNDS FINANCIAL REPORTS ARE AVAILABLE UPON REQUEST.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	THE CO-CHAIRMEN OF THE FUND, IN CONSULTATION WITH THE FUND TRUSTEES, PERIODICALLY REVIEW THE SALARY OF THE EXECUTIVE DIRECTOR AND DIRECTOR OF ACCOUNTING TO DETERMINE AN APPROPRIATE SALARY AND BENEFITS.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	CURRENT PROCESS INCLUDES REVIEW BY EXECUTIVE DIRECTOR, DIRECTOR OF ACCOUNTING, INDEPENDENT CPA AND CO-COUNSEL OF THE FUND.