Civic Intelligence

Northwest Indiana Painters Welfare Fund

EIN 35-6029433 • 501(c)9 • Merrillville, IN

Profile

PROVIDE HEALTH BENEFITS

2111 West Lincoln HighwayMerrillville, IN 46410

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $10M-$25M nonprofits • Source year 2017

Net Margin

23rd percentile

-4.5%

Higher net margin than 23% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$180,774

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

501(c)9 • $10M-$25M nonprofits • Source year 2017

Asset Growth

6th percentile

-100%

Faster asset growth than 6% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-4.8%

Faster revenue growth than 21% of similar nonprofits.

501(c)9 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $10,918,646 (-100%) from 2016

Liabilities

Down

$0

Down $111,662 (-100%) from 2016

Net Assets

Down

$0

Down $10,806,984 (-100%) from 2016

Revenue

Down

$5,308,151

Down $264,828 (-4.8%) from 2016

Expenses

Up

$5,546,000

Up $258,017 (+4.9%) from 2016

Net Income

Down

-$237,849

Down $522,845 (-183%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $7,275,985Liabilities 2010: $42,146Net Assets 2010: $7,233,8392010Assets 2011: $8,210,317Liabilities 2011: $52,735Net Assets 2011: $8,157,5822011Assets 2013: $11,300,947Liabilities 2013: $94,791Net Assets 2013: $11,206,1562013Assets 2014: $10,917,472Liabilities 2014: $111,810Net Assets 2014: $10,805,6622014Assets 2015: $10,783,226Liabilities 2015: $94,996Net Assets 2015: $10,688,2302015Assets 2016: $10,918,646Liabilities 2016: $111,662Net Assets 2016: $10,806,9842016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,679,1232010Expenses 2011: $4,476,8612011Expenses 2013: $5,205,8492013Revenue 2014: $5,135,289Expenses 2014: $6,013,442Net Income 2014: -$878,1532014Revenue 2015: $5,319,333Expenses 2015: $5,543,103Net Income 2015: -$223,7702015Revenue 2016: $5,572,979Expenses 2016: $5,287,983Net Income 2016: $284,9962016Revenue 2017: $5,308,151Expenses 2017: $5,546,000Net Income 2017: -$237,8492017

Highlighted filing

2017

Revenue$5,308,151
Expenses$5,546,000
Net Income-$237,849

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to Apr 30, 2017
Signed
Mar 14, 2018
Return Version
2016v3.0
Gross Receipts
$16,819,030
Mission and Program Overview

Mission

PROVIDE HEALTH BENEFITS

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$10,806,984$0▼ $10,806,984
Investments in Publicly Traded Securities$9,202,243$0▼ $9,202,243
Accounts Receivable$752,867$0▼ $752,867
Cash and Non-Interest-Bearing Accounts$671,152$0▼ $671,152
Savings and Temporary Cash Investments$281,524$0▼ $281,524
Prepaid Expenses and Deferred Charges$10,860$0▼ $10,860
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$10,918,646$0▼ $10,918,646
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$111,662--
Total Liabilities$111,662$0▼ $111,662
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,806,984$0▼ $10,806,984
Total Liabilities and Net Assets / Fund Balance$10,918,646$0▼ $10,918,646
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jim LoftisTrustee - Past$135,579$135,579

Board Members and Trustees

NameTitle
Anthony BochniakTrustee - Past
Antonio BecerraTrustee - Past
James Mitchell SrTrustee - Past
Martin HydeTrustee - Past
Shawn SolnerTrustee - Past
Spiro PoulousTrustee - Past

Highest Paid Contractors

ContractorServicesLocationCompensation
Anthem Blue Crossblue ShieldProvides Claim Administration220 VIRGINIA AVENUE, Indianapolis, IN 46204$175,923
Stewart C MillerAdministration, Compliance Audits2111 WEST LINCOLN HIGHWAY, Merrillville, IN 46410$173,955
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,663,595
Investment Income
$643,816
Other Revenue
$740
Change in Net Assets
$-237,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,248,903
Revenue Not Reported on Financial Statements
$59,248
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,248,903
Total Revenue per Form 990
$5,308,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$429,512
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$5,116,488
Fees for Services Management---$145,343
Fees for Services Other---$70,715
Fees for Services Legal---$62,693
Fees for Service Investment Mgmnt Fees---$59,248
Fees for Services Accounting---$38,500
Insurance---$18,596
Office Expenses---$16,564
Conferences and Meetings---$3,087
Other Expenses---$1,600
Total Functional Expenses$0$0$0$5,546,000

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,546,000
Expenses per Audited Statements$5,486,752
Total Expenses per Audited Statements$5,486,752
Expenses Not Reported on Financial Statements$59,248
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

While the trustees retained the ultimate responsibility for operation of the plan,they delegated control over day to day management duties to stewart c. Miller, a third party administrator.

Form 990, Part VI, Section A, Line 8B

The plan did not have a segregated committee which acts on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The completed form 990 is provided to the signing trustee prior to filing. The trustee reviews the form. Upon fully understanding the properly completed form 990, the form is signed and submitted to the irs.

Form 990, Part VI, Section B, Line 12C

Trustees are required to complete a conflict of interest questionnaire on an annual basis. Additionally, any potential conflict must be immediately disclosed to the board. Upon disclosure, a legal opinion will be sought to determine proper procedures going forward.

Form 990, Part VI, Section C, Line 19

The fund makes all governing documents, conflict of interest policy and tax returns and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Northwest Indiana Painters Welfare Fund
EIN
35-6029433
Phone
2197696944
Address
2111 WEST LINCOLN HIGHWAY, MERRILLVILLE, IN 46410

Signing Officer

Name
James Mitchell
Title
Trustee
Phone
2197696944
Signed
2018-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Mitchell
Formed
1961
Legal Domicile
In
Voting Board Members
7
Independent Board Members
5
Employees
86
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
222 INDIANAPOLIS BLVD SUITE 103, SCHERERVILLE, IN 46375
Preparer
Louise King
Phone
3123680500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

In accordance with a merger agreement, all of the plan's assets and liabilities were transferred to the indiana state council of roofers health and welfare fund and this fund ceased operations.

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

Transfer of net assets due to merger -10,569,135

Financial Statement Notes

PART X, LINE 2:

The plan files form 990, return of organization exempt from income tax, and form 5500, annual return/report of employee benefit plan. The plan's returns are subject to examination by the internal revenue service until the applicable statute of limitations expires. The plan is exempt from federal income taxes under section 501(c)(9) of the internal revenue code, except on net income derived from unrelated business activities. For the eleven months ended april 30, 2017, the plan has determined that no income taxes are due for its activities. Accordingly, no provision for income taxes has been recorded in the financial statements.

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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010806984
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0281524
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt059248
IRS990ScheduleD/ExpensesSubtotalAmt05486752
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt059248
IRS990ScheduleD/InvestmentExpensesNotIncldAmt059248
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt059248
IRS990ScheduleD/RevenueSubtotalAmt05248903
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORM 5500, ANNUAL RETURN/REPORT OF EMPLOYEE BENEFIT PLAN. THE PLAN'S RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRES. THE PLAN IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. FOR THE ELEVEN MONTHS ENDED APRIL 30, 2017, THE PLAN HAS DETERMINED THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt05546000
IRS990ScheduleD/TotalRevenuePerForm990Amt05308151
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05248903
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05486752
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0126225
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt040280
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SHAWN SOLNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE - PAST
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180774
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CHECKING ACCOUNTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1ACCOUNTS RECEIVABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2INVESTMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3ACCOUNTS PAYABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0INDIANA STATE COUNCIL OF ROOFERS HEALTH AND WELFARE FUND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1INDIANA STATE COUNCIL OF ROOFERS HEALTH AND WELFARE FUND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2INDIANA STATE COUNCIL OF ROOFERS HEALTH AND WELFARE FUND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3INDIANA STATE COUNCIL OF ROOFERS HEALTH AND WELFARE FUND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-04-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12017-04-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22017-04-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32017-04-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0237067814
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1237067814
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2237067814
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3237067814
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0245661
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1807805
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt29617239
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt3-101570
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(9)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(9)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(9)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501(C)(9)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH TRANSFERRED
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1VALUE OF RECEIVABLES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2FAIR VALUE OF INVESTMENTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3VALUE OF ACCOUNTS PAYABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03440 KOSSUTH STREET PO BOX 5769
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt13440 KOSSUTH STREET PO BOX 5769
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt23440 KOSSUTH STREET PO BOX 5769
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt33440 KOSSUTH STREET PO BOX 5769
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LAFAYETTE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1LAFAYETTE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2LAFAYETTE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3LAFAYETTE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3IN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd047903
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd147903
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd247903
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd347903
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH MERGER AGREEMENT, THE PLAN'S ASSETS AND LIABILITIES WERE TRANSFERRED INTO THE INDIANA STATE COUNCIL OF ROOFERS HEALTH AND WELFARE FUND.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH A MERGER AGREEMENT, ALL OF THE PLAN'S ASSETS AND LIABILITIES WERE TRANSFERRED TO THE INDIANA STATE COUNCIL OF ROOFERS HEALTH AND WELFARE FUND AND THIS FUND CEASED OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHILE THE TRUSTEES RETAINED THE ULTIMATE RESPONSIBILITY FOR OPERATION OF THE PLAN,THEY DELEGATED CONTROL OVER DAY TO DAY MANAGEMENT DUTIES TO STEWART C. MILLER, A THIRD PARTY ADMINISTRATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PLAN DID NOT HAVE A SEGREGATED COMMITTEE WHICH ACTS ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETED FORM 990 IS PROVIDED TO THE SIGNING TRUSTEE PRIOR TO FILING. THE TRUSTEE REVIEWS THE FORM. UPON FULLY UNDERSTANDING THE PROPERLY COMPLETED FORM 990, THE FORM IS SIGNED AND SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRUSTEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. ADDITIONALLY, ANY POTENTIAL CONFLICT MUST BE IMMEDIATELY DISCLOSED TO THE BOARD. UPON DISCLOSURE, A LEGAL OPINION WILL BE SOUGHT TO DETERMINE PROPER PROCEDURES GOING FORWARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FUND MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND TAX RETURNS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFER OF NET ASSETS DUE TO MERGER -10,569,135
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd120
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd130
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd140
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd150
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd170
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd180
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd190

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