CONTAINER ROYALTY CENTRAL COLLECTION FUND: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
CONTAINER ROYALTY CENTRAL COLLECTION FUND (EIN 46-2758874)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-09-21
IRS object ID
202222649349300117
Schema version
2021v4.2
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)
Return2022-09-21T09:08:56-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN346565596PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE MANHATTAN WESTAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462758874EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CONTAINER ROYALTY CENTRAL COLLECTIONBusinessNameLine1Txt
Business Name Line2FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCONTBusinessNameControlTxt
Phone7324043122PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 CHUBB AVENUE 350NCAddressLine1Txt
CityLYNDHURSTCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07071ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANTHONY DALONGESPersonNm
Person TitleAUTHORIZED AGENTPersonTitleTxt
Phone7324043122PhoneNum
Signature2022-09-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANTHONYPersonFirstNm
Person LastDALONGESPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE SOKOLOWSKIPreparerPersonNm
PTINP01683199PTIN
Phone2127733000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANTHONY DALONGESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 CHUBB AVENUE 350NCAddressLine1Txt
CityLYNDHURSTCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07071ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,093,842GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2013FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,155,000PYProgramServiceRevenueAmt
CY Program Service Revenue$2,330,000CYProgramServiceRevenueAmt
PY Investment Income$4,914PYInvestmentIncomeAmt
CY Investment Income$2,713,042CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,159,914PYTotalRevenueAmt
CY Total Revenue$5,043,042CYTotalRevenueAmt
PY Grants And Similar Paid$1,268,491PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,083,351PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,175,517CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$0PYOtherExpensesAmt
CY Other Expenses$1,483,443CYOtherExpensesAmt
PY Total Expenses$2,351,842PYTotalExpensesAmt
CY Total Expenses$2,658,960CYTotalExpensesAmt
PY Revenues Less Expenses-$191,928PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,384,082CYRevenuesLessExpensesAmt
Total Assets BOY$398,134,383TotalAssetsBOYAmt
Total Assets EOY$460,905,616TotalAssetsEOYAmt
Total Liabilities BOY$397,994,252TotalLiabilitiesBOYAmt
Total Liabilities EOY$460,922,878TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$140,131NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$17,262NetAssetsOrFundBalancesEOYAmt
MissionIN ACCORDANCE WITH THE MASTER CONTRACT THE FUND COLLECTS THE CONTRIBUTIONS MADE BY MANAGEMENT AND DISTRIBUTES THE APPROPRIATE AMOUNTS TO A NUMBER OF SEPERATE JOINT LABOR MANAGEMENT FUNDS WHICH PROVIDE COLLECTIVELY BARGAINED EMPLOYEE BENEFITS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIN ACCORDANCE WITH THE MASTER CONTRACT THE FUND COLLECTS THE CONTRIBUTIONS MADE BY MANAGEMENT AND DISTRIBUTES THE APPROPRIATE AMOUNTS TO A NUMBER OF SEPERATE JOINT LABOR MANAGEMENT FUNDS WHICH PROVIDE COLLECTIVELY BARGAINED EMPLOYEE BENEFITS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 RequiredYes (1)ScheduleJRequiredInd
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 Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
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 Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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 Line1ANTHONY DALONGESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7324043122PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 CHUBB AVENUE SUITE 350NBAddressLine1Txt
CityLYNDHURSTCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07071ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ANISSA FRUCCI
TRUSTEE1.000.00Yes (X)$0$0$0
ANTHONY DALONGES
TRUSTEE1.000.00Yes (X)$0$0$0
KENNETH OELKERS
TRUSTEE1.000.00Yes (X)$0$0$0
JOSEPH FILACNEVO
TRUSTEE1.000.00Yes (X)$0$0$0
PAUL MCCARTHY
PRESIDENT40.000.00$349,296$0$0Yes (X)
EILEEN MACKELL
VICE PRESIDENT40.000.00$264,349$0$0Yes (X)
JASON KOHLER
DIRECTOR40.000.00$149,556$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$763,201TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescASSESSMENTSDesc
Business525100BusinessCd
Total Revenue Column$2,330,000TotalRevenueColumnAmt
Related Or Exempt Func Income$2,330,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,330,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,763,842TotalRevenueColumnAmt
Exclusion$2,763,842ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$50,800SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$50,800SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$50,800TotalRevenueColumnAmt
Exclusion-$50,800ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,043,042TotalRevenueColumnAmt
Related Or Exempt Func Income$2,330,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,713,042ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$800,000TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$249,883TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$72,375TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$53,259TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$425,000TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$233,685TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$434,503TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$133,475TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,390TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$39,224TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$135,251TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescGENERAL/ADMINISTRATIVEDesc
Total$72,915TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,658,960TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$97,583,635BOYAmt
EOY$144,625,059EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$192,624,042BOYAmt
EOY$64,105,619EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$107,766,155BOYAmt
EOY$80,410,466EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$43,517BOYAmt
EOY$43,609EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,564,627LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,427,322LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$117,034BOYAmt
EOY$137,305EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$171,583,558EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$398,134,383BOYAmt
EOY$460,905,616EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$110,335BOYAmt
EOY$143,792EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,330,000BOYAmt
EOY$2,500,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$192,624,042BOYAmt
EOY$235,689,177EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$202,929,875BOYAmt
EOY$222,589,909EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$397,994,252BOYAmt
EOY$460,922,878EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$140,131BOYAmt
EOY-$17,262EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$140,131BOYAmt
EOY-$17,262EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$398,134,383BOYAmt
EOY$460,905,616EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,384,082ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,541,475NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
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 Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,627OtherCostOrOtherBasisAmt
Book Value$9,627BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,170OtherCostOrOtherBasisAmt
Book Value$85,170BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,469,830OtherCostOrOtherBasisAmt
Depreciation$1,427,322DepreciationAmt
Book Value$42,508BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$137,305TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
DUE TO LOCAL CONTAINER ROYALTY FUNDS$64,386,095
DUE TO USMX$46,833,799
BENEFIT ASSISTANCE PAYABLE$10,000,000
ASSESSMENT DISTRIBUTION PAYABLE$101,281,779
INTEREST PAYABLE$88,236
FieldValueIRS element (for citing)
Total Liability$222,589,909TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,330,215TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,541,475NetUnrealizedGainsInvstAmt
Revenue Not Reported-$2,541,475RevenueNotReportedAmt
Revenue Subtotal$4,871,690RevenueSubtotalAmt
Investment Expenses Not Incld$233,685InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$62,333OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$171,352RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,043,042TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,487,608TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$62,333OtherExpensesIncludedAmt
Expenses Not Reported$62,333ExpensesNotReportedAmt
Expenses Subtotal$2,425,275ExpensesSubtotalAmt
Investment Expenses Not Incld2$233,685InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$233,685ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,658,960TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:USMX AND ILA DIRECT THE CRCCF TO DEPOSIT ASSESSMENTS BEING COLLECTED FOR THE CRF5 FUND AND THE CFS FUND INTO AN ESCROW ACCOUNT MAINTAINED BY THE CRCCF. USMX AND THE ILA DIRECT CRCCF TO ALLOCATE THE MONIES IN THE ESCROW ACCOUNT BETWEEN THE CFS FUND AND THE CRF5 FUND FOR RECORD KEEPING PURPOSES ONLY TO FUND THE BENEFITS BEING DISPENSED BY BOTH OF THESE FUNDS WITHOUT ADJUSTING THE PER-TON ASSESSMENT RATES FOR THESE FUNDS. ALL ISBURSEMENTS RELATED TO THE FUNDS TO FUND BENEFITS WILL BE MADE DIRECTLY OUT OF THE ESCROW ACCOUNT. IN ADDITION, USMX AND THE ILA MUST ALLOCATE THE INVESTMENT EARNINGS/LOSSES AND MANAGEMENT FEES OF THE FUNDS IN THE ESCROW ACCOUNTS MAINTAINED BY THE CRCCF TO THE CRF5 FUND AND CFS FUND. THE ALLOCATION OF INVESTMENT EARNINGS/LOSSES IS BASED ON THE AMOUNT THAT EACH FUND CONTRIBUTED TO THE ESCROW FUND IN THE CALENDAR YEAR AND ARE REPORTED AS PART OF THE CFS/CRF5 ESCROW PAYABLE BALANCE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT INCOME -62,333.
PART XII, LINE 2D - OTHER ADJUSTMENTS:INVESTMENT INCOME 62,333.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PAUL MCCARTHY
PRESIDENT$314,871$0$33,500$0$925$0$0$0$0$0$349,296$0$0$0
EILEEN MACKELL
VICE PRESIDENT$228,849$0$23,500$0$12,000$0$0$0$0$0$264,349$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1THE ORGANIZATION WAS FORMED TO COLLECT ALL ASSESSMENTS PAYABLE TO THE FUND IN ACCORDANCE WITH THE MASTER CONTRACT BETWEEN THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION AFL-CIO AND THE UNITED STATES MARITIME ALLIANCE, LTD.
FORM 990, PART VI, SECTION A, LINE 7ATHE TRUST IS ADMINISTERED BY A BOARD OF TRUSTEES (TRUSTEES) COMPRISED OF NOT MORE THAN TWO MEMBERS APPOINTED BY THE UNITED STATES MARITIME ALLIANCE, LTD. (USMX), AND NOT MORE THAN TWO MEMBERS APPOINTED BY THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION, A.F.L.-C.I.O.
FORM 990, PART VI, SECTION B, LINE 11BUPON COMPLETION OF THE FORM 990, IT IS REVIEWED BY OUR ATTORNEYS FOR ACCURACY. IT IS THEN FORWARDED TO THE PRESIDENT/TRUSTEE FOR HIS REVIEW AND SIGNATURE.
FORM 990, PART VI, SECTION C, LINE 19AT THE END OF EACH ACCOUNTING CYCLE, THE PRESIDENT AND TRUSTEES ARE PROVIDED WITH A COPY OF THE FINANCIAL STATEMENTS FOR THEIR REVIEW. WHEN THE YEAR IS CONCLUDED, THE PRESIDENT TAKES AN ACTIVE ROLE IN ANY DISCUSSIONS THAT INVOLVE THE INDEPENDENT ACCOUNTANTS THAT PREPARE THE ANNUAL AUDITED FINANCIAL STATEMENTS. FURTHER, UPON REQUEST FROM ANY INTERESTED PARTY, THE AUDITED FINANCIAL STATEMENT IS PROVIDED.
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL FEES 62,070. CONSULTING FEES 372,433.

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