Carpenters and Joiners Apprenticeship and Journeymen

“The organization delegates control over management duties such as recordkeeping customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to wilson mcshane administrators.”

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

“The organization does not have any committees that have authority to act on behalf of the governing body.”

“The form 990 will be reviewed in conjunction with review of annual audit by the board.”

“Conflicts of interest primarily arise when dealing with trust members. We do not employ any trust members as instructors. If we are contracting with the trust members employing company, we will use an independent fiduciary or put the job out for bid, so many contractors can bid on it. The policy requires persons covered by it to monitor and report to the plan any actual or potential conflicts of interest. The plan then investigates to determine if a conflict of interest, in fact, exists, whether it is material, and whether corrective action is required. Covered persons are also obligated to report any conflict of interest of which they are aware involving other covered persons. Persons covered by the policy also annually certify in writing that they have not been involved in any conflict of interest which has not been reported to the plan. The plan is currently in the process of implementing a records retention and destruction policy.”

“Compensation is based on union contracts which are set through negotiations. Instructors are paid at the carpenter foreman rate; administrative personnel are paid based on the office employees union; and director, coordinator and office manager are paid according to a proposed rate and budget and then either approved or changed by the board.”

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

“Transfer of assets from ncsrcc training fund 116,855.”