American Maritime Officers Master Operating

“Union trustees paul doell (through january 2024), christian spain, and jeff richards serve as officers of american maritime officers.”

“The Master Operating Fund shall be operated and administered by two (2) Trustees, one (1) of whom shall be designated by the Union and one (1) of whom shall be designated by the Employers. The Union shall have the right to appoint one (1) Alternate Trustee. The appointed Alternate Trustee shall have full authority to act as a Union Trustee in the absence of the Union Trustee. The Employers shall have the right to appoint one (1) Alternate Trustee. The Alternate Trustee shall have full authority to act as an Employer Trustee in the absence of the Employer Trustee. Successor Employer Trustees and successor Alternate Employer Trustees shall be appointed by majority vote of the various Employers who are parties to the Master Operating Fund at the time such appointments are made. Each Employer shall be entitled to cast one (1) vote for each Employee it would employ at the time of becoming a party to the Master Operating Fund, and thereafter on April 1st of each year, if all vessels manned by it had a full complement employed thereon, and the nominee receiving the majority of the votes so cast shall be deemed appointed by all the Employers. The Employers party to this Agreement and Declaration of Trust reserve to themselves the right to change, at any time, the provisions of this paragraph by vote of two-thirds majority of the total votes so cast as above provided.”

“The trust has no other committees that can act on behalf of the governing body.”

“The board of trustees has delegated the responsibility to review the Form 990 prior to filing to the Director of Finance.”

“The AMO Master Operating Trust (MOT) is not subject to ERISA, however, due to its relationship with other AMO Plans that are subject to the laws of ERISA, the MOT maintained and administered the conflict of interest policy as set forth in ERISA Sections 404 and 406. The Board of Trustees monitors and enforces the Plan's compliance with ERISA, with the assistance of the Plan's professionals.”

“The fund makes its governing documents, policies and financial statements available upon request to appropriate parties.”

“Amo master operating trust fund issues forms 1099 to report payments to independent contractors which are reimbursed by the other amo entities and reported respectively as expenses on their form 990's. Amo master operating trust fund issues forms w-2 to report payments to employees which are reimbursed by the other amo entities and reported respectively as expenses on their form 990's.”