2011-11-15T10:48:31-06:00 2010-12-31 GORFINE SCHILLER & GARDYN PA 10045 RED RUN BLVD SUITE 250 OWINGS MILLS MD 21117 990 2010-01-01 135565128 MM&P HEALTH & BENEFIT FUND MM&P 4108508500 700 MARITIME BLVD NO A LINTHICUM HEIGHTS MD 21090 TIMOTHY BROWN 4108595700 2011-11-14 1 SCOTT D RODGVILLE CPA 4103565900 2010 2016-03-07 17:11:31Z TIMOTHY BROWN 700 MARITIME BLVD NO A LINTHICUM HEIGHTS MD 21090 426952281 0 X N/A X 1950 MD TO PROVIDE HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS AND BENEFICIARIES OF THE MEMBERSHIP OF THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES, AND PILOTS AS SPECIFIED IN THE PLAN REGULATIONS 14 14 48 0 0 0 0 0 45194427 44582393 3409589 3552459 49838 0 48653854 48134852 0 0 48002757 49276584 1660394 1682927 0 0 0 2250979 1777704 51914130 52737215 -3260276 -4602363 91011994 86556747 12679264 9342891 78332730 77213856 TO PROVIDE HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS AND BENEFICIARIES OF THE MEMBERSHIP OF THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES, AND PILOTS AS SPECIFIED IN THE PLAN REGULATIONS 0 0 EXPENSES FOR PROVIDING MEDICAL, LEGAL, HEALTH AND EDUCATIONAL BENEFITS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 4740 0 1 48 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PATRICK MCCULLOUGH ADMINISTRATOR 4108508500 700 MARITIME BLVD LINTHICUM MD 210901996 CAPT TIMOTHY BROWN 5.00 X 0 0 0 CAPT DONALD MARCUS 5.00 X 0 0 0 CAPT KENNETH CARLSON JR 5.00 X 0 0 0 MR EDWARD MORGAN 5.00 X 0 0 0 MR TIMOTHY GILL 5.00 X 0 0 0 MR WALCOTT BECKER 5.00 X 0 0 0 CAPT JOHN SULLIVAN 5.00 X 0 0 0 MR WILLIAM CAMERON 5.00 X 0 0 0 MR ROBERT STEPHENS 5.00 X 0 0 0 MR JEAN HARRINGTON 5.00 X 0 0 0 MR C MICHAEL MURRAY 5.00 X 0 0 0 MR MARK BLANKENSHIP 5.00 X 0 0 0 MR STEPHEN WERSE 5.00 X 0 0 0 MR DAVID BOATNER 5.00 X 0 0 0 MR WAYNE FARTHING 5.00 X 0 0 0 MR GERALD A CARBIENER 5.00 X 0 0 0 MR GEORGE QUICK 5.00 X 0 0 0 MR JOHN SCHAEFFNER 5.00 X 0 0 0 MR PATRICK MCCULLOUGH 21.00 X 99211 75764 71855 MR LAWRENCE NEUBERT 21.00 X 75330 57527 61101 MR GLEN PAINE 0.00 X 0 147390 70694 MR BARRY REESE 0.00 X 0 101285 54535 MS ANN MARIE MCCULLOUGH 21.00 X 66266 50605 59468 MR KEN RYAN 21.00 X 70225 53629 58440 MR ROBERT BECKER 0.00 X 0 113276 22989 MR GREGG TRUNNELL 0.00 X 0 102000 54758 MR HAO CHEONG 0.00 X 0 104455 52919 311032 805931 506759 0 0 1 0 FIRST HEALTH 3200 HIGHLAND AVENUE DOWNERS GROVE IL 60515 MEDICAL CLAIMS PROCESSING 530780 IOMM&P 700 MARITIME BOULEVARD SUITE B LINTHICUM HEIGHTS MD 21090 ADMINISTRATIVE SERVICES 299457 STEPTOE & JOHNSON 1330 CONNECTICUT AVENUE NW WASHINGTON DC 20036 LEGAL SERVICES 262565 DELTA DENTAL ONE DELTA DRIVE MECHANICSBURG PA 17055 INSURANCE SERVICES 214292 CIGNA 900 COTTAGE GROVE ROAD BLOOMFIELD CT 06002 MEDICAL CLAIMS PROCESSING 189742 9 CONTRIBUTIONS - EMPLOY 900099 40045214 40045214 CONTRIBUTIONS - VOLUNT 900099 4509390 4509390 OTHER CONTRIBUTIONS 900099 27789 27789 44582393 2239973 2239973 380129915 378817429 1312486 1312486 1312486 48134852 45894879 0 2239973 49276584 249927 844004 138844 371162 78990 375405 39220 181950 324987 225863 158054 931 80480 10255 30380 HIRING HALL EXPENSE 299457 BANK SERVICE CHARGES 45552 PAYROLL PROCESSING SERV 4197 DUES & SUBSCRIPTIONS, L 973 52737215 82881 72477 4308839 2203375 4122161 4481865 82498113 48047773 31751257 91011994 86556747 329319 455627 12349945 8887264 12679264 9342891 X 78332730 77213856 78332730 77213856 91011994 86556747 X -4602363 3483489 X X 0 1 1 X 0 0 PIMCO TOTAL RETURN FUND 4971619 F VANGUARD INSTITUTIONAL TOTAL STOCK MARKET INDEX FUND 26779638 F 31751257 BURIAL FUND 3326 DUE TO OTHER MM&P PLANS 457006 SECURITIES PURCHASED PENDING SETTLEMENT 8426932 8887264 48134852 52737215 -4602363 3483489 3483489 -1118874 51436468 3483489 3483489 47952979 181873 181873 48134852 52555342 0 52555342 181873 181873 52737215 PART X, LINE 2: THE FASB ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10). THE PLAN ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED DECEMBER 31, 2010. MANAGEMENT EVALUATED THE PLAN'S TAX POSITIONS AND CONCLUDED THAT THE PLAN HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. X X X 0 0 0 MR PATRICK MCCULLOUGH 99211 75764 0 0 0 0 28253 21575 12489 9538 139953 106877 0 0 MR LAWRENCE NEUBERT 75330 57527 0 0 0 0 21958 16769 12686 9688 109974 83984 0 0 MR GLEN PAINE 0 147046 0 0 0 344 0 47705 0 22989 0 218084 0 0 MR BARRY REESE 0 101285 0 0 0 0 0 31546 0 22989 0 155820 0 0 MS ANN MARIE MCCULLOUGH 66266 50605 0 0 0 0 21003 16039 12716 9710 99985 76354 0 0 MR KEN RYAN 70225 53629 0 0 0 0 20401 15580 12734 9725 103360 78934 0 0 MR GREGG TRUNNELL 0 102000 0 0 0 0 0 31769 0 22989 0 156758 0 0 MR HAO CHEONG 0 104455 0 0 0 0 0 29930 0 22989 0 157374 0 0 ANN MARIE MCCULLOUGH WIFE OF PATRICK MCCULLOUGH 176339 EMPLOYEE 0 MICHAEL MCCULLOUGH SON OF PATRICK MCCULLOUGH 60070 EMPLOYEE 0 FORM 990, PART VI, SECTION A, LINE 7A EMPLOYERS APPOINT TRUSTEES BASED UPON LEVEL OF PARTICIPATION. EACH OF THE SIX LARGEST EMPLOYERS THAT PARTICIPATE IN ALL OF THE RELATED PLANS ARE ELIGIBLE TO APPOINT A TRUSTEE. THE REMAINING EMPLOYERS ARE ALLOWED TO APPOINT AN ALTERNATE TRUSTEE. IN ADDITION, THE GENERAL EXECUTIVE BOARD OF THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES, AND PILOTS, THE SPONSORING UNION, APPOINTS SIX REGULAR TRUSTEES AND AN ALTERNATE. FORM 990, PART VI, SECTION B, LINE 11 AN ELECTRONIC COPY OF THE DRAFT FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C QUESTIONNAIRES ARE DISTRIBUTED PERIODICALLY TO EACH TRUSTEE AND KEY EMPLOYEE FOR DISCLOSURE OF ALL POTENTIAL OR ACTUAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PLAN CONDUCTS PERIODIC REVIEW OF COMPENSATION AND COMPARES CURRENT COMPENSATION AND COST OF LIVING ADJUSTMENTS TO SIMILAR ORGANIZATIONS IN THE SAME GEOGRAPHIC REGION BASED UPON REVIEW OF THEIR RESPECTIVE FORM 990'S. IN ADDITION, THE PLAN WILL PERIODICALLY RETAIN ITS ACTUARIAL FIRM TO PERFORM A COMPENSATION STUDY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 990 AND 1023 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE PLAN MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS, BENEFICIARIES, THE SPONSORING UNION, AND CONTRIBUTING EMPLOYERS AS REQUIRED BY ERISA. ERISA DOES NOT REQUIRE THAT THE FUND MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC AND THE FUND DOES NOT DO SO. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,483,489. FORM 990, PART XI, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. MM&P JOINT EMPLOYMENT COMMITTEE 700 MARITIME BLVD SUITE A LINTHICUM HEIGHTS MD 210901996 237051736 LABOR MANAGEMENT COOPERATION COMMITTEE. MD 501(C)(5) 0 BOARD OF TRUSTEE OF MASTERMATES & PILOTS VACATION PLAN 700 MARITIME BLVD SUITE A LINTHICUM HEIGHTS MD 210901996 135638830 TO PROVIDE VACATION BENEFITS TO ELIGIBLE PARTICIPANTS MD 501(C)(9) 0 BOARD OF TRUSTEES OF MM&P MATES TRAINING EDUCATION AND SAFETY PROGRAM 692 MARITIME BOULEVARD LINTHICUM HEIGHTS MD 210901996 132577386 TO PROVIDE TRAINING FOR LICENSED DECK OFFICERS MD 501(C)(9) 0 MASTERS MATES & PILOTS INDIVIDUAL RETIREMENT ACCOUNT PLAN 700 MARITIME BLVD SUITE A LINTHICUM HEIGHTS MD 210901996 133021839 TO PROVIDE DEFINED CONTR. PENSION BENEFITS TO ELIGIBLE PARTICIPANTS MD 401 0 BOARD OF TRUSTEES OF MASTERS MATES & PILOTS PENSION PLAN 700 MARITIME BLVD SUITE A LINTHICUM HEIGHTS MD 210901996 136372630 TO PROVIDE PENSION BENEFITS TO ELIGIBLE PARTICIPANTS AND BENEFICIARIES MD 401 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0