Plumbers Local Union No 690 Apprenticeship Training Fund

“Plumbers local union no.690 (the union) has the ability to appoint half of the trustees. The mechanical contractors association of eastern pennsylvania, inc. Has the ability to appoint two of the six trustees. The plumbing and heating association of philadelphia and vicinity has the ability to appoint one of the six trustees.”

“There are no committees with the authority to act on behalf of the governing body.”

“The form 990 is reviewed by the plan's administrator as well as the plan's legal counsel.”

“The process for determining the compensation of the plan administrator has been determined by the board of trustees. Salary is a multiple of the levels of wages set forth in the applicable collective bargaining agreement.”

“These documents are not provided to the general public.”

“Plumbers lu no. 690 apprenticeship training fund does not complete a schedule a to form 990 because the instructions call for 501(c)(3) entities to complete a schedule a and the fund is exempt as an organization described in irc 501(c)(5). The fund is an apprentice training facility which follows appropriate non-dicrimination policies.”

“The fund does not issue w-2's and shares certain staff with an organization that is related and certain entities that are not considered by the form 990 instructions to be related organizations. The fund does not have any employees, but instead the fund shares the costs of compensation, fringe benefits and other costs based on periodic time studies and analyses. These staff are paid through essentially a paymaster arrangement that functions as the staff's employer and issues forms w-2 and complies with applicable payroll reporting and related requirements. Accordingly, the fund's allocated portion of the costs related to this sharing is reported on form 990, including part vii, section a, schedule j and part ix, lines 5-10.”

“Adjustment to beginning net assets $3,937.”