Laborers Training and Retraining Trust Fund for Northern California

“The organization has contracted with the laborers funds administrative office of northern california, inc. To provide administrative services for the organization.”

“A complete copy of the form 990 has not been provided to all members of the governing body before filing the form, however the form 990 was provided to the administrative office for review prior to filing the form. Complete copies are provided to the governing body members upon request.”

“Compensation for the organization's executive director is determined and approved by the board of trustees based on industry data. The information is reviewed at regularly scheduled board of trustee meetings and decisions made are documented in the meeting minutes.”

“The organization makes its governing documents and financial statements available to the public upon request.”

“Although the organization does not have a whistleblower policy, the administrative office does have a whistleblower policy in place. The administrative office employees and the administrative office board of directors are covered by that policy.”

“The board of trustees reviews and approves compensation for the executive director based on comparable industry wage and fringe data during the regularly scheduled board meetings on an as needed basis. The compensation was last reviewed during the fiscal year covered by this form 990.”

“Although the organization does not have a conflict of interest policy, the administrative office does have a conflict of interest policy in place. The administrative office employees and the administrative office board of directors are required to adhere to that policy.”

“The board of trustees of the organization assumes responsibility for the oversight of the audit of the organization's financial statements and the selection of the independent auditor. This process has not changed.”

“Outside cpas prepare tax return and provide a draft to management who reviews geneal information and ties the numbers to the audited financial statements. Management approves the draft. Tax preparer provides a copy to the fund manager, chair and co-chair for signature. Copies of the return are available upon request.”