2011-11-11T15:58:27-06:00 2010-12-31 ABRAMS HERDE AND MERKEL LLP 59 EAST 54TH STREET NEW YORK NY 10022 990 2010-01-01 131912506 USWU LOCAL 74 WELFARE FUND USWU 7187297400 36-36 33RD STREET NO 202 LONG ISLAND CITY NY 11106 SAL ALLADEEN 7187297400 2011-11-11 1 2127594949 2010 2016-02-24 21:20:13Z SAL ALLADEEN 36-36 33RD STREET NO 202 LONG ISLAND CITY NY 11106 122645119 0 X N/A X 1962 NY TO PROVIDE HEALTH AND WELFARE BENEFITS TO MEMBERS 2 2 17 0 0 0 0 0 29925312 39555699 346679 1043573 0 0 30271991 40599272 0 0 34084594 -11388000 944450 948763 0 0 0 1537257 861993 36566301 -9577244 -6294310 50176516 26642037 28442413 54280914 4685018 -27638877 23757395 TO PROVIDE HEALTH AND WELFARE BENEFITS TO MEMBERS. 0 0 THE FUND PROVIDES HEALTH BENEFITS (HOSPITALIZATION, SURGICAL AND MAJOR MEDICAL, DENTAL, OPTICAL, DISABILITY, PRESCRIPTION DRUG, LIFE INSURANCE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE) TO PARTICIPANTS HAVING ACHIEVED THE REQUIRED MINIMUM HOURS OF SERVICE IN COVERED EMPLOYMENT. 0 0 0 0 0 0 0 0 1 1 0 0 1 0 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 7 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 1 1 0 1 0 X THE ORGANIZATION 7187297400 36-36 33RD STREET NO 202 LONG ISLAND CITY NY 11106 SAL ALLADEEN 5.00 X 0 238091 0 DAN AUSTIN 5.00 X 0 0 0 RICHARD KOLB 5.00 X 0 93850 0 RONALD ZUNK 5.00 X 0 0 0 CHARLES POEKEL 40.00 X X 119599 51286 0 119599 383227 0 1 0 1 0 EMPIRE HEALTHCHOICE ASSURANCE INC 3350 PEACHTREE ROAD ATLANTA GA 30326 MEDICAL CLAIM ADMINISTRATION 1687879 C & R CONSULTING 1501 BROADWAY NEW YORK NY 10036 CLAIM ADMINISTRATION 671953 O'DWYER & BERNSTEIN LLP 52 DUANE STREET NEW YORK NY 10007 LEGAL SERVICES 255000 EXPRESS SCRIPTS ONE EXPRESSWAY ST LOUIS MO 63121 PRESCRIPTION CLAIM ADMINISTRATION 160692 ABRAMS HERDE & MERKEL LLP 59 EAST 54TH STREET NEW YORK NY 10022 ACCOUNTING SERVICES 123000 5 EMPLOYERS' CONTRIBUTIO 900099 39315919 39315919 COBRA CONTRIBUTIONS 900099 239780 239780 39555699 598779 598779 82490641 82045847 444794 444794 444794 40599272 39555699 0 1043573 -11388000 433394 433377 58147 23845 287333 154507 69475 82712 34443 5032 6269 3197 48695 DATA PROCESSING 87214 ACTUARIAL FEES 83116 -9577244 2296313 1391179 4020835 1186183 2128501 4015302 15276 18447 591634 587903 6928 3731 18169387 15368944 6196829 4797 261798 26642037 28442413 213078 72828 54067836 4612190 54280914 4685018 X 0 0 0 0 -27638877 23757395 -27638877 23757395 26642037 28442413 X 50176516 1219756 X X 0 1 1 X 0 591634 587903 3731 3731 VANGUARD INSTITUTIONAL INDEX FUND 6196829 F 6196829 DUE TO RELATED FUNDS 335651 BENEFIT OBLIGATIONS 4250000 DUE TO BROKER 26539 4612190 40599272 -9577244 50176516 1219756 1219756 51396272 41749553 1219756 1219756 40529797 69475 69475 40599272 39103281 0 39103281 69475 -48750000 -48680525 -9577244 PART XIII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION -43,000,000. CHANGE IN ACCUMULATED ELIGIBILITY CREDITS -3,350,000. CHANGE IN PROVISION FOR ESTIMATED CLAIMS -2,400,000. 0 0 0 SAL ALLADEEN 0 238091 0 0 0 0 0 0 0 0 0 238091 0 0 CHARLES POEKEL 116340 51286 0 0 3259 0 0 0 0 0 119599 51286 0 0 FORM 990, PART VI, SECTION A, LINE 6 EMPLOYEES OF EMPLOYERS SIGNED TO THEIR RESPECTIVE COLLECTIVE BARGAINING AGREEMENTS. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S POLICY REQUIRES THE SIGNATORY BOARD MEMBER TO REVIEW THE IRS FORM 990 THAT IS PREPARED ON THE ORGANIZATION'S BEHALF BEFORE IT IS FILED WITH THE IRS. THE MEANS OF DELIVERY SHALL BE HARD COPY. FORM 990, PART VI, SECTION B, LINE 12C DISCUSSED IN MONTHLY EXCECUTIVE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15B THE COMPENSATION OF THE ORGANIZATION'S PLAN ADMINISTRATOR IS DETERMINED BY THE PLAN'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18 IT IS THE ORGANIZATION'S POLICY TO FULLY COMPLY WITH THE FEDERAL PUBLIC DISCLOSURE REQUIREMENTS WITH RESPECT TO IRS FORM 990. OUR ORGANIZATION WILL FULFILL ALL REQUESTS FOR THE FORMS MADE IN WRITING OR IN PERSON, OR SOME COMBINATION OF THESE AVENUES IN ORDER TO COMPLY WITH THE FEDERAL PUBLIC DISCLOSURE REQUIREMENTS. FORM 990, PART VI, SECTION C, LINE 19 IF THE GOVERNING DOCUMENTS OF OUR ORGANIZATION ARE SUBJECT TO THE FEDERAL PUBLIC DISCLOSURE RULES, THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT. 990 PART IX, LINE 4 COLUMN A EFFECTIVE FOR YEAR-END DECEMBER 31, 2010, THE FUND'S CONSULTING ACTUARIES HAVE DETERMINED THAT NO POSTRETIREMENT OBLIGATIONS EXIST UNDER THE CURRENT COLLECTIVE BARGAINING AGREEMENTS. ACCORDINGLY, $43,000,000 OF BENEFIT OBLIGATIONS WERE WRITTEN OFF AND IS REFLECTED AS A PART OF BENEFITS PAID. EFFECTIVE SEPTEMBER 2010, UNDER THE CURRENT COLLECTIVE BARGAINING AGREEMENTS, EMPLOYERS ARE REQUIRED TO CONTRIBUTE FOR ALL MONTHS FOR WHICH ITS MEMBERS RECEIVE BENEFITS. ACCORDINGLY, $3,350,000 OF ESTIMATED ACCUMULATED ELIGIBILITY WERE WRITTEN OFF AS A PART OF BENEFITS PAID. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,219,756. FORM 990, PART XI, LINE 2C THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT. SINCE THE PRIOR YEAR, THERE HAS BEEN NO CHANGE IN THE REVIEW PROCESS THAT IS BEING PERFORMED BY THE BOARD. LOCAL USWU 74 PENSION FUND 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 271247066 RETIREMENT BENEFITS NY SECTION 401(A) 0 USWU LOCAL 74 DEFINED CONTRIBUTION FUND 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 112920173 RETIREMENT BENEFITS NY SECTION 401(A) 0 USWU LOCAL 74 LEGAL SERVICES FUND 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 112651874 LEGAL BENEFITS NY SECTION 501(C)9 0 USWU LOCAL 74 TRAINING & SCHOLARSHIP FUND 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 112651721 TRAINING COURSES & SCHOLARSHIP BENEFITS NY SECTION 501(C)9 0 USWU LOCAL 74 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 205808568 LABOR ORGANIZATION NY SECTION 501(C)5 0 CEMETERY WORKERS SUPPLEMENTAL PENSION PLAN 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 112416101 RETIREMENT BENEFITS NY SECTION 401(A) 0 METAL SPINNERS RETIREMENT PLAN 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 136608708 RETIREMENT BENEFITS NY SECTION 401(A) 0 JOINT COUNCIL 1217 USWU IUJAT 36-36 33RD STREET SUITE 202 LONG ISLAND CITY NY 11106 262718175 LABOR ORGANIZATION NY SECTION 501(C)5 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 USWU JOINT COUNCIL 1217 O 108065 FMV OF AMOUNT PAID AND ACCRUED USWU JOINT COUNCIL 1217 J 29304 FMV OF AMOUNT PAID AND ACCRUED LOCAL USWU 74 PENSION FUND Q 433377 FMV OF AMOUNT PAID AND ACCRUED