2011-11-14T09:59:52-06:00 2010-12-31 BUCHBINDER TUNICK & CO LLP ONE PENN PLAZA NEW YORK NY 101190219 990 2010-01-01 111740492 NOITU INSURANCE TRUST FUND NOIT 7182913434 148-06 HILLSIDE AVENUE JAMAICA NY 114353331 CANDICE STARK 7182913434 2011-11-14 1 2126955003 2010 2016-02-24 21:20:13Z CANDICE STARK 148-06 HILLSIDE AVENUE JAMAICA NY 114353331 32485499 0 X WWW.NOITU.ORG X 1954 NY MULTI-EMPLOYER ERISA HEALTH & WELFARE PLAN PROVIDING HEALTH BENEFITS FOR MEMBERS AND THEIR DEPENDENTS OF THE NATIONAL ORGANIZATION OF INDUSTRIAL TRADE UNIONS AND ITS AFFILIATED LOCALS. 8 4 39 0 0 0 0 0 31458376 30952931 4873 358413 409204 558317 31872453 31869661 0 0 26076027 27045370 3640810 3468003 0 0 0 2981862 3509000 32698699 34022373 -826246 -2152712 58428672 60296246 3759548 3904970 54669124 56391276 TO PROVIDE HEALTH BENEFITS TO PARTICIPANTS AND DEPENDENTS. 0 0 THE FUND PROVIDES HOSPITAL, MEDICAL, SURGICAL, PRESCRIPTION DRUG, OPTICAL AND DEATH BENEFITS TO APPROXIMATELY 5,500 PARTICIPANTS AND THEIR DEPENDENTS. IN ADDITION, THE FUND'S MEDICAL AND DENTAL CENTERS PROVIDE MEDICAL AND DENTAL EXAMINATIONS AND TREATMENT TO PARTICIPANTS AND THEIR DEPENDENTS. 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 1 256 0 1 39 1 0 0 0 0 0 0 0 0 X 8 4 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X KEVIN O'DONNELLCONTROLLERCO NOITU INSURANCE TRUST FUND 7182913434 148-06 HILLSIDE AVE JAMAICA NY 114353331 X DANIEL LASKY 39.00 X 210000 0 0 PEDRO PACHECO 23.00 X 0 0 0 GERALD HUSTICK JR 24.00 X 0 0 0 IRWIN SIEGEL 2.00 X 0 0 0 DONALD SASLOW 2.00 X 0 0 0 ROBERT ROGOFF 2.00 X 0 0 0 ROBERT LANGE 2.00 X 0 0 0 CANDICE STARK 45.00 X X 189006 8100 61480 SUSAN BRENARD 49.00 X X 202039 0 61480 KEVIN O'DONNELL 37.00 X 145031 13100 56757 ARTHUR ORZANO 40.00 X 159592 0 41207 MATTHEW LEMAN 40.00 X 0 0 0 DAVID LIEBERMAN 40.00 X 133808 0 49946 RAVI KUTTALIL 40.00 X 123770 0 28570 PHILIP SIEGEL X 0 0 0 1163246 21200 299440 7 0 1 0 PROSKAUER ROSE LLP 11 TIMES SQUARE NEW YORK NY 10036 LEGAL SERVICES 217847 DANIEL LASKY C/O NOITU INSTR FUND 148-06 HILLS JAMAICA NY 11435 CONTRACT ADMINISTRATOR 210000 2 EMPLOYER CONTRIBUTIONS 900099 30417157 30417157 COBRA & AT LARGE MEMBE 900099 535774 535774 30952931 279244 279244 6211 6211 6211 6211 695007 615838 79169 79169 79169 PRESCRIPTION DRUG REBA 900099 158279 158279 ORTHODONTIC FEES 900099 101751 101751 OTHER INCOME/REFUNDS 900099 90729 90729 201347 201347 552106 31869661 31511248 0 358413 27045370 1163246 1559466 508023 237268 317669 54326 76600 76230 213207 341690 15141 27035 505986 45298 CLAIMS ADJUDICATION 741707 PROVISION FOR POST RETI 609723 MEDICAL CLAIMS CONSULTA 123683 AUTOMOBILE RENTAL 74928 POSTAGE 61454 224323 34022373 370498 204820 2812200 1320439 54595 55996 83226 79890 6320835 3589730 3187683 2731105 3933503 4706329 42034618 45250975 5759440 5759440 192909 187252 58428672 60296246 91944 72985 3667604 3831985 3759548 3904970 X 0 0 0 0 54669124 56391276 54669124 56391276 58428672 60296246 X -2152712 3874864 X X 0 1 1 X 0 3998352 2049779 1948573 2322483 1539951 782532 2731105 PRUDENTIAL INTERNATIONAL EQUITY FUND 1521265 F PRUDENTIAL S&P PRIDEX FUND 8221127 F LONG VIEW CORE BOND COM COLL TRUST FD 35508583 F 45250975 NOITU ORGANIZATION BUILDING CORP 5759440 C 5759440 DUE TO RELATED ENTITIES 51552 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 2442503 SEVERANCE PAYABLE 1071566 CONTRIBUTIONS RECEIVED IN ADVANCE 266364 3831985 31869661 34022373 -2152712 3874864 3874864 1722152 35577196 3874864 3874864 31702332 76600 90729 167329 31869661 33855044 0 33855044 76600 90729 167329 34022373 SCHEDULE D,PART XII,LINE 4B OTHER AND PART XIII, LINE 4B OTHER REIMBURSEMENT OF EXPENSES SHOWN AS A REDUCTION OF EXPENSES ON THE FINANCIAL STATEMENTS BUT SHOWN AS PART OF REVENUE ON FORM 990. X 0 1 0 DANIEL LASKY 210000 0 0 0 0 0 0 0 0 0 210000 0 0 0 CANDICE STARK 175197 7500 13809 600 0 0 49000 0 12480 0 250486 8100 0 0 SUSAN BRENARD 192596 0 9443 0 0 0 49000 0 12480 0 263519 0 0 0 KEVIN O'DONNELL 134851 12100 10180 1000 0 0 40609 3668 12480 0 198120 16768 0 0 ARTHUR ORZANO 153823 0 5769 0 0 0 28727 0 12480 0 200799 0 0 0 DAVID LIEBERMAN 131551 0 2257 0 0 0 37466 0 12480 0 183754 0 0 0 RAVI KUTTALIL 120522 0 3248 0 0 0 16090 0 12480 0 152340 0 0 0 PART I, LINE 4B THE COMPANY HAS A NONQUALIFIED SEVERANCE PLAN WHICH IS UNFUNDED BUT THE LIABILITY IS RECORDED ON THE FINANCIAL STATEMENTS. THE PLAN CAN BE TERMINATED AT ANYTIME AT THE TRUSTEES DISCRETION. JEFFREY STARK DPM SPOUSE OF TRUSTEE 113257 PROVIDER FEES FOR PODIATRY SERVICES 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OF THE PLAN'S TRUSTEES CANDICE STARK AND SUSAN BRENARD, ARE THE DAUGHTERS OF THE ADMINISTRATOR OF THE PLAN, DANIEL LASKY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE ACCOUNTING DEPARTMENT,REVIEWED BY THE CONTROLLER,AND SUBMITTED TO THE ADMINISTRATOR AND ASSISTANT ADMINISTRATOR FOR REVIEW. A COPY OF THIS RETURN WILL BE DISTRIBUTED TO THE TRUSTEES PRIOR TO THE FILING ON 11/15/11. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS OFFICERS,DIRECTORS,TRUSTEES AND KEY EMPLOYEES PREPARE A DISCLOSURE STATEMENT WHICH IS REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15: THERE ARE ANNUAL REVIEWS AND WRITTEN EVALUATIONS WHICH ARE APPROVED BY THE PLAN ADMINISTRATOR. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE DECLARATION OF TRUST IS PROVIDED TO EACH EMPLOYER.COPIES ARE KEPT ON FILE AND OTHER DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. PART VII PAGE 7 ROBERT LANGE WAS AN EMPLOYER TRUSTEE DURING 2010 AND RESIGNED DURING 2010. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,874,864. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ACTS AS THE AUDIT COMMITTEE AND THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. NATIONAL ORGANIZATION BUILDING CORP 148-06 HILLSIDE AVENUE JAMAICA NY 11435 200475220 TITLE HOLDING CORP FOR EXEMPT ORGANIZATION NY 501(C)2 NOITU INSURANCE TRUST FUND 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 NOITU ORGANIZATION BUILDING CORPORATION J 328654 LEASE AGREEMENT NOITU ORGANIZATION BUILDING CORPORATION N 99600 ALLOCATION STUDY