2022-09-21T09:08:56-05:00 2021-12-31 346565596 ERNST & YOUNG LLP ONE MANHATTAN WEST NEW YORK NY 10001 990 2021-01-01 462758874 CONTAINER ROYALTY CENTRAL COLLECTION FUND CONT 7324043122 125 CHUBB AVENUE 350NC LYNDHURST NJ 07071 ANTHONY DALONGES AUTHORIZED AGENT 7324043122 2022-09-21 1 ANTHONY DALONGES 999009999 NICOLE SOKOLOWSKI P01683199 2127733000 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z ANTHONY DALONGES 125 CHUBB AVENUE 350NC LYNDHURST NJ 07071 5093842 0 X N/A X 2013 NJ SEE SCHEDULE O 4 4 3 0 0 0 0 0 2155000 2330000 4914 2713042 0 0 2159914 5043042 1268491 0 0 0 1083351 1175517 0 0 0 0 1483443 2351842 2658960 -191928 2384082 398134383 460905616 397994252 460922878 140131 -17262 IN 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. 0 0 IN 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. 0 0 0 1 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 3 1 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X ANTHONY DALONGES 7324043122 125 CHUBB AVENUE SUITE 350NB LYNDHURST NJ 07071 ANISSA FRUCCI TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY DALONGES TRUSTEE 1.00 0.00 X 0 0 0 KENNETH OELKERS TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH FILACNEVO TRUSTEE 1.00 0.00 X 0 0 0 PAUL MCCARTHY PRESIDENT 40.00 0.00 X 349296 0 0 EILEEN MACKELL VICE PRESIDENT 40.00 0.00 X 264349 0 0 JASON KOHLER DIRECTOR 40.00 0.00 X 149556 0 0 763201 0 0 3 0 1 0 0 ASSESSMENTS 525100 2330000 2330000 2330000 2763842 2763842 50800 -50800 -50800 -50800 5043042 2330000 0 2713042 X 800000 249883 72375 53259 425000 233685 434503 133475 9390 39224 135251 GENERAL/ADMINISTRATIVE 72915 2658960 97583635 144625059 192624042 64105619 107766155 80410466 43517 43609 1564627 1427322 117034 137305 171583558 398134383 460905616 110335 143792 2330000 2500000 192624042 235689177 202929875 222589909 397994252 460922878 X 140131 -17262 140131 -17262 398134383 460905616 2384082 -2541475 0 X 0 1 X 0 0 1 1 0 0 1 X 9627 9627 85170 85170 1469830 1427322 42508 137305 DUE TO LOCAL CONTAINER ROYALTY FUNDS 64386095 DUE TO USMX 46833799 BENEFIT ASSISTANCE PAYABLE 10000000 ASSESSMENT DISTRIBUTION PAYABLE 101281779 INTEREST PAYABLE 88236 222589909 2330215 -2541475 -2541475 4871690 233685 -62333 171352 5043042 2487608 62333 62333 2425275 233685 233685 2658960 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. X 0 0 0 PAUL MCCARTHY PRESIDENT 314871 0 33500 0 925 0 0 0 0 0 349296 0 0 0 EILEEN MACKELL VICE PRESIDENT 228849 0 23500 0 12000 0 0 0 0 0 264349 0 0 0 FORM 990, PART I, LINE 1 THE 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 7A THE 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 11B UPON 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 19 AT 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 11G OTHER PROFESSIONAL FEES 62,070. CONSULTING FEES 372,433.