Carpenters Joint Apprenticeship & Training Program Building Corporation

“The building corp's membership consists of the members of the board of trustees of the carpenter's joint apprenticeship & training program (the fund). A member's term of membership in the building corp is co-extensive with his/her tenure as a trustee of the fund. Appointment or withdrawal as a trustee of the fund shall operate as an appointment or withdrawal as a member of the building corp without the necessity of additional action or authorization.”

“The building corp's membership consists of the members of the board of trustees of the carpenter's joint apprenticeship & training program (the fund), who are elected in accordance with the fund's bylaws.”

“The building corp does not have any committees with authority to act on behalf of the governing body.”

“The form 990 is prepared by the fund's public accounting firm based on information provided by the fund. Once a draft of the filing is available, the form 990 will be reviewed in conjunction with review of annual audit by the board of trustees.”

“In order to avoid actual or apparent conflicts of interest, the building corp has a conflict of interest policy. The policy cover the members of the board of trustees. The trustees are responsible for monitoring and communicating any potential conflicts of interest to the chairman and secretary of the board of trustees. The chairman and secretary, in consultation with fund counsel and the reporting trustee, will work to resolve any potential or actual conflicts of interest in accordance with the provisions of the conflict of interest policy and federal law. If a conflict of interest exists, the trustee's recusal from deliberating and voting upon the matter under which the conflict arises shall be sufficient to resolve that conflict appropriately. If a conflict of interest arises, a report of all steps taken to resolve the conflict will be prepared and presented to the entire board of trustees, and shall then be maintained in the fund's permanent files. The trustees are required to sign an annual certification of compliance with the conflict of interest policy. The building corp is currently in the process of implementing a records retention and destruction policy.”

“The building corp makes its governing documents and financial statements available to the fund participants at the fund office. The building corp does not make its documents available to the public.”