Union Construction Crafts Workers' Compensation Fund

“The trustees, at their discretion, may appoint an executive committee consisting of an equal number of union trustees and employer trustees. The executive committee shall assist the fund in carrying out the policies and programs established by the board of trustees. In addition, the executive committee may act in place and instead of the board of trustees between trustee meetings on all matters except those specifically reserved to the board of trustees by the trust agreement or by action of the board of trustees. An executive committee meeting may be conducted, or an individual member may participate in such a meeting, by telephone or by any similar communications system which allows all persons participating in the meeting to hear each other at the same time.”

“Wilson-mcshane is the management company responsible for the financial operations of the fund. Wilson-mcshane prepares the general ledger, makes journal entries, manages claims and operational expenses.”

“This trust will be administered by a board of twelve (12) union trustees and twelve (12) employer trustees appointed by the entities enumerated in sections 3.2 and 3.3 of this article. The appointment of the trustees is to be evidenced by a written document of appointment from the appointing entity. The number of trustees of this fund may be modified by amendment of this trust agreement, provided that there will always be an equal number of employer trustees and union trustees. The twelve (12) employer trustees will be designated as follows: six by the agc of minnesota; one (1) by the minnesota mechanical contractors association (mmca); one (1) by the national electrical contractors association (neca) chapters in minnesota; one (1) by the carpentry contractors association (cca); one (1) by the minnesota drywall and plasterers association (mdpa); one (1) by the sheet metal, air conditioning & roofing contractors association (smarca); and one (1) by the minnesota concrete & masonry contractors association (mcmca). If an entity entitled to appoint a trustee fails to do so within 60 days after the trust notifies it of the need to make an appointment, the board of trustees may appoint a responsible individual who is employed by a participating employer that is a member in good standing of the entity that failed to appoint a trustee. The twelve (12) union trustees will be drawn from either a local union or an intermediate labor organization that is participating in this trust as evidenced by a participation agreement that has been signed and filed with the administrator of this trust. The appointment of a union trustee will be evidenced by written appointment from the most-senior leader of the local union or intermediate labor organization. The twelve (12) union trustees will be designated as follows: a. The six (6) local unions or intermediate labor organizations that have the highest number of members participating in the trust will be given the first opportunity to appoint a trustee. B. The remaining (6) union trustees will be appointed from any of the other participating local unions or intermediate labor organization. If an entity entitled to appoint a trustee fails to do so within 60 days after notice from the trust of the vacancy, the board of trustees may fill the vacancy by appointing a responsible individual who is either serving in a leadership position for, or is employed by, a participating local union or intermediate labor organization.”

“When the auditor has prepared the form 990, it is given to the audit committee and the board of trustees for review. The trustees are allowed time in which to examine the form 990 and communicate with the administrator in the event the trustee has any questions or comments. At the request of any trustee, or if there are questions or comments that cannot be adequately and fully addressed, the administrator will arrange a conference call for all trustees to discuss the form 990 and whether or not revisions are needed before it is finalized.”

“1. At the first meeting of the board of trustees of the uccwcf held each year, a copy of the conflicts of interest policy is distributed to the trustees. In addition, a disclosure statement is distributed to each trustee. The disclosure statement has been prepared in compliance with the conflicts of interest policy. Fund counsel explains to the board the operation of the conflicts of interest policy, what types of interests have to be disclosed and the administrative procedures for advising the organization regarding interests to be disclosed. Trustees are asked at that meeting to complete the disclosure form and return it to the administrator. The form is completed by each of the board of trustees and any senior staff of wilson-mcshane corporation working on the uccwcf. 2. The fund administrator reviews the conflict disclosures when returned, and refers any with conflicts for further review. 3. Any conflicts that are disclosed are reviewed by the fund co-chairs in conjunction with fund counsel. Any trustee that has disclosed a conflict of interest would be prohibited from participating in any discussion or voting on any motion regarding the matter that gave rise to the conflict of interest.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”