Roofers Local No 96 Apprentice Training Fund

“Although the trustees retain the ultimate responsibility, the trustees have delegated the day to day administrative duties to wilson-mcshane corporation as the third party administrator of the fund.”

“The fund is governed by six trustees, three of whom are appointed by united union of roofers, waterproofers and allied workers local 96 and three of whom are appointed by twin cities roofing contractors association, inc. The trust agreement allows for up to two alternate trustees from the local and the contractors association.”

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

“Form 990 is provided to and reviewed by the entire board of trustees before it is filed.”

“In order to avoid actual or apparent conflicts of interest, the fund has a conflict of interest policy. The policy covers 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 fund's governing documents, conflict of interest policy and financial statements are made available to participants. These documents can be obtained by request at the office of the third party administrator.”