Industry Cooperation Trust Fund

“Trustees roxana rivera and emanuel pastreich serve as vice president, and at-large board of service employees international union local 32bj.”

“The board of trustees shall consist of four (4) persons: two (2) of the trustees shall be management trustees which shall be named by maintenance contractors of new england; and two (2) of whom shall be union trustees, which shall be named by service employees international union local 32bj. Union local 32bj.”

“The fund had no subcommittees during the year.”

“Prior to filing the form 990, a trustee and the director review the form 990. Upon approval of the form 990, the e-file authorization is signed and delivered to the certified public accounting firm that will submit the return to irs.”

“Forms 990 and other documents are made available as required by law.”

“Staff of this fund, at the time they are hired, are informed of the organization's policy. The director monitors the policy through regular involvement.”

“To improve communication between certain members of service employees international union local 32bj and their employers; to provide these workers and the participating employers with opportunities to study and explore new and innovative joint approaches to achieving organizational effectiveness, to assist these workers and their employers in solving problems of mutual concern not susceptible to resolution within the collective bargaining process, to study and explore ways of eliminating potential problems which reduce the competitiveness and inhibit economic development of the industry, to enhance the involvement of workers in making decisions that affect their working lives, to expand and improve working relationships between workers and managers, and to encourage free collective bargaining by establishing continuing mechanisms for communication between managers and their employees through federal assistance to the formation and operation of labor management committees.”

“On August 1, 2019, the Trustees approved the Resolution of Termination upon which the Trustees recommended to the Fund's sponsors, the Union and MCNE that the Fund be terminated in accordance with Article 11 of the Agreement and Declaration of Trust. Net assets were distributed in such manner as it will, in the opinion of the Trustees and in accordance with the plan document, bring about the purpose of the Plan. Termination shall not permit any part of the Fund to be used for or diverted to purposes other than the payment of administrative expenses of the Plan. Any remaining assets were approved to be transferred and merged into the Thomas Shortman Training Fund (TSTF). The composition of net assets without donor restrictions transferred out to the TSTF at December 31, 2019 is as follows: Cash $ 392,297 Accounts Payable (11,000) Due from Related Parties 4,175 ----------- $ 385,472 ==========”

“Description:administrative services total fees:32801”

“Description:consulting total fees:8537”

“Description:ASSETS TRANSFERRED DUE TO TERMINATION Amount:385472”