Dakotas Area Electrical Apprenticeship & Training Fund Tru

“Ed Christian has a business relationship with Clyde Wetsch and Robert Jarding.”

“The purpose of the Trust was changed: The Trust Fund, known as the Dakotas Area Electrical Apprenticeship and Training Fund has been created and operates for the exclusive purpose of providing and maintaining apprenticeship and training-related benefits and for payment, in accordance with ERISA, of reasonable expenses incurred in the administration of the Fund. The Fund is organized exclusively for educational purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code. The Fund will not engage, otherwise than as an insubstantial part of its activities, in any activities that in themselves are not in furtherance of one or more exempt purposes. The distribution of assets upon dissolution was updated: In the event of termination, the Trustees will: (a) Make provision out of the Trust Fund for the payment of expenses incurred up to the date of termination of the Trust and the expenses incidental to such termination; (b) Arrange for a final audit and report of their transactions and accounts, for the purpose of termination of their Trusteeship; (c) Apply the Trust Fund to pay any and all obligations of the Trust and distribute and apply any remaining surplus in such manner as will, in their opinion, best effectuate the purposes of the Trust and the requirements of law; (d) Give any notices and prepare and file any reports which may be required by law. In no event will the Trustees distribute the Fund's assets for any reason other than one or more exempt purposes, otherwise than as an insubstantial part of its activities, within the meaning of section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.”

“There were no committees with authority to act on behalf of the governing board.”

“The Accounting Manager reviews a draft of the Form 990. The reviewed draft Form 990 is presented at the next meeting of the Board of Trustees. Changes made to the Form 990 were e-mailed, and the final Form 990 was submitted to the IRS.”

“All trustees are required to report any conflicts of interest to the Chairman and Secretary, or the Fund Counsel. In the event that a conflict is discovered, the Trustee shall recuse themselves from deliberating and voting upon the matter.”

“The governing documents, financial statements, and conflict of interest policy are available upon request.”

“On June 25th, 2014 Dakotas Area Electrical Apprenticeship and Training Fund Trust amended its Trust document to reflect that they were a 501(c)(3) Trust. On June 30, 2014 the trust officially changed to be recognized as tax exempt under Section 501(c)(3).”

“The filing organization does not have a specifically appointed audit committee; however, the Board of Directors does assume the responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant.”