2022-05-16T09:43:38-05:00 2021-06-30 141604297 RBT CPAS LLP 11 RACQUET RD NEWBURGH NY 12550 990 2020-07-01 166456453 KINGSTON TRUST FUND KING 8453385422 PO BOX 4461 KINGSTON NY 124024461 HUGH SPOLJARIC EXECUTIVE DIRECTOR 8453385422 2022-05-13 true HUGH SPOLJARIC 999009999 ELISSA N YEAGER CPA P01698036 8455679000 2022-05-13 2020 2022-09-23 18:48:47Z HUGH SPOLJARIC PO BOX 4461 KINGSTON NY 12402 31419249 false X WWW.KTFTRUSTFUND.COM X 1997 NY PROVIDE EXCELLENT HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS OF THE KINGSTON TEACHERS' FEDERATION. 7 7 2 0 0 30768425 30243525 594241 679325 11447 496399 31374113 31419249 0 22927555 26028008 472387 473202 0 0 1180278 1227547 24580220 27728757 6793893 3690492 30204074 35204756 5042955 6353145 25161119 28851611 PROVIDE EXCELLENT HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS OF THE KINGSTON TEACHERS' FEDERATION. false false MEMBER HEALTH INSURANCE PLAN false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 665 0 true 2 true false false false false false false false false X 7 7 false false false false true false false true true false false false true true true true true true false false X HUGH SPOLJARIC 8453385422 PO BOX 4461 KINGSTON NY 12402 LAURI NACCARATO CHAIRPERSON 1.00 X X 0 0 0 ERIC KOCH TREASURER 1.00 X X 0 0 0 BRUCE COBB SECRETARY 1.00 X X 0 0 0 GAIL DIAMOND TRUSTEE 1.00 X 0 0 0 GLENN GALLAGHER TRUSTEE 1.00 X 0 0 0 LINDSAY ORR TRUSTEE 1.00 X 0 0 0 PATRICIA PARKER TRUSTEE 1.00 X 0 0 0 HUGH SPOLJARIC EXECUTIVE DI 60.00 X 197940 0 171036 197940 171036 1 false true false SYNTONIC SYSTEMS 111 JOHN STREET SUITE 1700 NEW YORK NY 10038 CLAIMS ADMIN. 17525897 PROACT INC 1226 US-11 GOUVERNEUR NY 13642 BENEFIT MGMT. 5007400 CHEROKEE BENEFITS GROUP 416 CREEKSTONE RIDGE WOODSTOCK GA 30188 CLAIMS ADMIN. 286462 HUGHES AND ASSOCIATES 681 TOWNE CENTER BLVD SUITE B RIDGELAND MS 39157 CLAIMS ADMIN 106095 4 EMPLOYER CONTRIBUTIONS 29801842 29801842 PARTICIPANT CONTRIBUTIONS 441683 441683 30243525 679325 679325 3600 3600 3600 3600 SETTLEMENT PROCEEDS 485199 485199 MISCELLANEOUS INCOME 7600 7600 492799 31419249 30736324 682925 26028008 372329 78269 4800 17804 46600 45586 1039362 44599 18155 11136 17168 MISCELLANEOUS 4941 27728757 0 0 0 7305228 8598945 2418095 1074438 196059 184657 69139 34229 554991 162040 405129 392951 19347786 24012314 462638 907222 30204074 35204756 29451 1218761 347684 369740 4665820 4764644 5042955 6353145 X 25161119 28851611 25161119 28851611 30204074 35204756 3690492 X false true X true false 170000 170000 380101 159737 220364 4890 2303 2587 392951 ANNUITY CONTRACTS 24012314 C 24012314 CLAIMS PAYABLE 3233553 DEFERRED COMPENSATION 1531091 4764644 X 31419249 31419249 31419249 27728757 27728757 27728757 SCHEDULE D, PAGE 3, PART X THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA). THE FUND SPONSOR BELIEVES THAT THE FUND CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE INTERNAL REVENUE SERVICE. THE FUND FILES AN ANNUAL 990 AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS OF STATE LAW. AS SUCH, NO FEDERAL OR NEW YORK STATE TAXES ARE PAID BY THE FUND. THE FUND HAS ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO 2018. X X X X false true false HUGH SPOLJARIC EXECUTIVE DIRECTOR 197940 171036 368976 SCHEDULE J, PAGE 1, PART I, LINE 4 HUGH SPOLJARIC 0 174,389 0 FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS OF THE ORGANIZATION ARE THOSE INDIVIDUALS WHO ARE RECOGNIZED MEMBERS OR FORMER MEMBERS OF THE KINGSTON TEACHERS' FEDERATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION'S AUDIT COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C EACH TRUSTEE, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT THE TRUST IS A NOT FOR PROFIT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. TO ENSURE THAT THE TRUST OPERATES IN A MANNER CONSISTENT WITH ITS NOT FOR PROFIT PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS SHALL BE CONDUCTED. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED UNDER THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS, IN FACT, FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR SALARY IS DETERMINED BY CONTRACT WHICH MUST BE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. KINGSTON CITY SCHOOLS 21 WYNKOOP PLACE KINGSTON NY 12401 PUBLIC SCH NY GOVT N/A false KINGSTON TEACHERS' FEDERATION PO BOX 4461 KINGSTON NY 12402 UNION NY 501C5 N/A false false false false false false false false false false false true false false false false false false false false