LEGAL DEFENSE FUND OF THE PEACE OFFICERS RESEARCH ASSN OF CALIF: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LEGAL DEFENSE FUND OF THE PEACE OFFICERS RESEARCH ASSN OF CALIF (EIN 94-2381827)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-23
IRS object ID
202432979349301718
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-23T19:34:52-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSS ADAMS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12882 PROSPECT PARK DR STE 300AddressLine1Txt
CityRANCHO CORDOVACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95670ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN942381827EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEGAL DEFENSE FUND OF THE PEACE OFFICERSBusinessNameLine1Txt
Business Name Line2RESEARCH ASSOCIATION OF CALIFORNIABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLEGABusinessNameControlTxt
Phone2097745600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4859AddressLine1Txt
CitySANTA ROSACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRUDOLPH BOJORQUEZPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone2097745600PhoneNum
Signature2024-10-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTRACY S PAGLIAPreparerPersonNm
PTINP00366884PTIN
Phone9165038100PhoneNum
Preparation2024-10-22PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRUDOLPH BOJORQUEZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4859AddressLine1Txt
CitySANTA ROSACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95402ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$37,432,297GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressHTTPS://WWW.PORACLDF.ORG/WebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation1974FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTHE PLAN IS A HEALTH AND WELFARE EMPLOYEE BENEFIT PLAN OFFERING GROUP PREPAID LEGAL SERVICES TO ACTIVE, RESERVE AND RETIRED PEACE OFFICERS OR PUBLIC SAFETY PERSONNEL.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$23,079,677PYProgramServiceRevenueAmt
CY Program Service Revenue$24,019,042CYProgramServiceRevenueAmt
PY Investment Income$805,140PYInvestmentIncomeAmt
CY Investment Income$470,347CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$23,884,817PYTotalRevenueAmt
CY Total Revenue$24,489,389CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$14,249,079PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$18,333,336CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,996,919PYOtherExpensesAmt
CY Other Expenses$4,268,752CYOtherExpensesAmt
PY Total Expenses$18,245,998PYTotalExpensesAmt
CY Total Expenses$22,602,088CYTotalExpensesAmt
PY Revenues Less Expenses$5,638,819PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,887,301CYRevenuesLessExpensesAmt
Total Assets BOY$55,297,884TotalAssetsBOYAmt
Total Assets EOY$67,456,644TotalAssetsEOYAmt
Total Liabilities BOY$4,614,111TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,933,426TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$50,683,773NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$62,523,218NetAssetsOrFundBalancesEOYAmt
MissionNONEMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPREPAID LEGAL SERVICES - LEGAL FEES INCURRED IN CONNECTION WITH CLAIMS AGAINST MEMBERS ARISING FROM EMPLOYMENT-RELATED INCIDENTS ARE PAID WITH PROCEEDS GENERATED THROUGH MEMBERSHIP CONTRIBUTIONS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document248IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEGAL DEFENSE ADMINISTRATORS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2097745600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4859AddressLine1Txt
CitySANTA ROSACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95402ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
FRED ROWBOTHAM
CHAIRMAN15.000.00Yes (X)Yes (X)$0$0$0
TODD FRAIZER
VICE CHAIR (THRU 10/23)10.000.00Yes (X)Yes (X)$0$0$0
RUDOLPH BOJORQUEZ
VICE CHAIR (THRU 11/23)10.000.00Yes (X)Yes (X)$0$0$0
SANTIAGO BALTAZAR
TRUSTEE10.000.00Yes (X)$0$0$0
BARRY DONELAN
TRUSTEE15.000.00Yes (X)$0$0$0
BRIAN R MARVEL
TRUSTEE (AS OF 11/23)10.000.00Yes (X)$0$0$0
DAVID J WOZNIAK
TRUSTEE (THRU 08/23)10.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LEGAL DEFENSE ADMINISTRATORS INC
PO BOX 4859SANTO ROSACA95402CONTRACT ADMINISTRATOR$3,501,105
FISHER INVESTMENTS
5525 NW FISHER CREEK DRCAMASWA98607INVESTMENT ADVISOR$419,408
SALTZMAN & JOHNSON
1141 HARBOR BAY PKWYALAMEDACA94502LEGAL$101,908
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP CONTRIBUTIONDesc
Business900099BusinessCd
Total Revenue Column$24,019,042TotalRevenueColumnAmt
Related Or Exempt Func Income$24,019,042RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$24,019,042TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,658,925TotalRevenueColumnAmt
Exclusion$1,658,925ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,754,330SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$12,942,908SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,188,578SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,188,578TotalRevenueColumnAmt
Exclusion-$1,188,578ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,489,389TotalRevenueColumnAmt
Related Or Exempt Func Income$24,019,042RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$470,347ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$18,333,336TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$102,558TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$64,149TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$419,408TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,387,882TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,646TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$183,325TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$38,584TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescNEWSLETTERDesc
Total$35,200TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$22,602,088TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,929,002BOYAmt
EOY$2,614,985EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,738,873BOYAmt
EOY$5,231,434EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$52,344BOYAmt
EOY$45,364EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$44,376,799BOYAmt
EOY$59,348,508EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$200,866BOYAmt
EOY$216,353EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$55,297,884BOYAmt
EOY$67,456,644EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$126,825BOYAmt
EOY$159,946EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,487,286BOYAmt
EOY$4,773,480EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,614,111BOYAmt
EOY$4,933,426EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$50,683,773BOYAmt
EOY$62,523,218EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$50,683,773BOYAmt
EOY$62,523,218EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$55,297,884BOYAmt
EOY$67,456,644EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,887,301ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,952,144NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$34,022,125TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$9,952,144NetUnrealizedGainsInvstAmt
Revenue Not Reported$9,952,144RevenueNotReportedAmt
Revenue Subtotal$24,069,981RevenueSubtotalAmt
Investment Expenses Not Incld$419,408InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$419,408RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$24,489,389TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$22,182,680TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$22,182,680ExpensesSubtotalAmt
Investment Expenses Not Incld2$419,408InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$419,408ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$22,602,088TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationIN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE PLAN ADMINISTRATOR EVALUATED THE PLAN'S TAX POSITIONS AND DOES NOT BELIEVE THE PLAN HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATHERE SHALL BE FIVE TRUSTEES, ONE REPRESENTATIVE ELECTED FROM EACH OF THE REGIONS OF THE POLICE OFFICERS RESEARCH ASSOCIATION OF CALIFORNIA (PORAC/PLAN SPONSOR), ACCORDING TO THE PORAC BY-LAWS, AND ONE PERSON APPOINTED BY THE BOARD OF DIRECTORS OF PORAC FROM THE BOARD OF DIRECTORS. ONLY THE APPOINTED TRUSTEE MAY BE A MEMBER OF THE PORAC BOARD OF DIRECTORS. A PERSON SHALL BE ELIGIBLE TO BE ELECTED OR APPOINTED AS A TRUSTEE IF HE OR SHE IS AT THE TIME OF ELECTION OR APPOINTMENT (A) A MEMBER OF PORAC, (B) A REGULARLY EMPLOYED, SWORN, FULL-TIME ACTIVE PEACE OFFICER, (C) A PARTICIPANT OF THE LEGAL DEFENSE FUND, AND (D) IF HE OR SHE AT THE TIME OF ELECTION OR APPOINTMENT HAS FILED A WRITTEN DISCLOSURE OF GIFTS AND GRATUITIES PURSUANT TO RULES AND PROCEDURES ADOPTED BY THE BOARD OF TRUSTEES. IF THE TERM OF A TRUSTEE IS AUTOMATICALLY TERMINATED PURSUANT TO THIS ARTICLE, THE VACANCY SHALL BE FILLED BY APPOINTMENT IF HE REPRESENTS THE BOARD OF DIRECTORS, OR BY ELECTION IF HE REPRESENTS A PORAC REGION; SAID APPOINTMENT TO BE MADE OR ELECTION PROCESS TO BE COMMENCED WITHIN 30 DAYS OF THE OCCURRENCE OF THE VACANCY.
FORM 990, PART VI, SECTION A, LINE 7BTHE TRUST AGREEMENT MAY BE AMENDED OR TERMINATED AT ANY TIME BY ACTION OF THE TRUSTEES. WRITTEN NOTICE SHALL BE GIVEN TO THE BOARD OF DIRECTORS OF PORAC AT LEAST 30 DAYS BEFORE THE EFFECTIVE DATE OF SUCH AMENDMENT.
FORM 990, PART VI, SECTION A, LINE 8BTHE LEGAL DEFENSE FUND HAS NO OTHER COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11BTHE CHAIRMAN REVIEWS THE FORM 990 AND COMPARES TO THE TRUST'S AUDITED FINANCIAL STATEMENTS FOR COMPLETENESS AND ACCURACY BEFORE SIGNING AND FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE POLICY REQUIRES A TRUSTEE WHO DETERMINES OR SUSPECTS THAT HE OR SHE POSSESSES AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST GIVING RISE TO THE CONFLICT AND DISCLOSE ALL RELEVANT FACTS PRIOR TO ENTERING INTO ANY PROPOSED TRANSACTION OR ARRANGEMENT OR, IF LATER, AS SOON AS THE ACTUAL OR POTENTIAL CONFLICT IS RECOGNIZED. IN ADDITION, AT LEAST ONCE ANNUALLY, TRUSTEES WILL DISCLOSE IN WRITING ANY RELATIONSHIPS OR INTERESTS THAT COULD GIVE RISE TO A CONFLICT. THE TRUSTEE MAY PROCEED WITH OR CONTINUE A TRANSACTION DESPITE THE PRESENCE OF A CONFLICT OF INTEREST IF ALL OF THE FOLLOWING ARE OBSERVED: THE CONFLICTING INTEREST IS FULLY DISCLOSED AND DOCUMENTED IN WRITING, THE TRUSTEE OR FIDUCIARY WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION, AND THE BOARD DETERMINES THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE FUND AND THE TERMS OF THE TRANSACTION ARE FAIR WITH RESPECT TO TERMS AVAILABLE THROUGH ARM LENGTH TRANSACTIONS IN THE MARKETPLACE. EACH TRUSTEE AND ALL NEW NEWLY-APPOINTED TRUSTEES SHALL SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19THE TRUST'S FINANCIAL INFORMATION IN THE FORM OF A SUMMARY ANNUAL REPORT IS PROVIDED TO PARTICIPANTS ON AN ANNUAL BASIS. A FULL SET OF FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE TO PARTICIPANTS UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS 11,888. CONTRACT ADMINISTRATOR 3,358,418. PLAN DOCUMENT 17,576.
FORM 990, PART XI, LINE 2C:THE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE IS NO SEPARATE AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 13:THE TRUST IS SUBJECT TO ERISA SECTION 510, HENCE THE TRUST DOES NOT HAVE A SEPARATE WRITTEN WHISTLEBLOWER POLICY.
FORM 990, PART VI, SECTION B, LINE 14:THE TRUST'S DOCUMENT RETENTION AND DESTRUCTION POLICY IS COVERED IN THE ARTICLE V, SECTION 11 OF THE TRUST AGREEMENT.
FORM 990, PART VI, SECTION B, LINE 15:NO COMPENSATION IS PAID TO ANY TRUSTEES OR OFFICERS. THE TRUST HAS NO EMPLOYEES.

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