2022-11-11T15:56:57-06:00 2021-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2021-01-01 830430487 ORMET CORPORATION HOURLY RETIREE BENEFIT TRUST ORME 4122012242 60 BOULEVARD OF THE ALLIES 5TH PITTSBURGH PA 15222 JEANETTE STUMP VEBA COMMITTEE MEMBER 4122012242 2022-11-11 1 JEANETTE STUMP 999009999 ELLEN A MARTIN P01586027 4122613644 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JEANETTE STUMP 60 BOULEVARD OF THE ALLIES 5TH PITTSBURGH PA 15222 27968964 0 X N/A X 2005 OH PAYMENT OF CERTAIN WELFARE BENEFITS PURSUANT TO A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION. 4 4 0 0 0 0 0 0 2807575 2826901 1448698 1395447 107 186 4256380 4222534 0 0 4589870 2994643 147453 90606 0 0 0 251133 251789 4988456 3337038 -732076 885496 46966998 50422374 0 0 46966998 50422374 THE PRIMARY EXEMPT PURPOSE FOR THIS VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA) DURING THE YEAR WAS THE PAYMENT OF SICK, ACCIDENT, OR OTHER BENEFITS TO THE PARTICIPANTS, THEIR DEPENDENTS, OR DESIGNATED BENEFICIARIES. 0 0 3337038 2826901 VOULUNTARY EMPLOYEE BENEFICIARY ASSOCIATION WHICH PROVIDES HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 2,368 PARTICIPANTS. 3337038 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 X CENTRAL DATA SERVICES INC 4122012242 60 BOULEVARD OF THE ALLIES FIFTH PITTSBURGH PA 15222 JAMES CARNEY COMMITTEE MEMBER 1.00 X 6652 0 0 HOWARD KLINE COMMITTEE MEMBER 1.00 X 6652 0 0 JEANETTE STUMP COMMITTEE MEMBER 1.00 X 6652 0 0 NICHOLAS SCHAFER COMMITTEE MEMBER 1.00 X 0 0 0 PNC BANK INSTITUTIONAL TRUSTEE 24.00 X 70650 0 0 90606 0 0 0 0 0 0 0 RETIREE CONTRIBUTIONS 525100 2040445 2040445 HEALTH COVERAGE TAX CREDIT 900099 786456 786456 2826901 879437 879437 24262440 23746430 516010 516010 516010 CLASS ACTION PROCEEDS 900099 186 186 186 4222534 2826901 0 1395633 2994643 90606 183244 3157 20605 24465 659 19659 3337038 448647 2364626 1718686 1759510 44799665 46298238 46966998 50422374 0 0 X 46966998 50422374 0 0 0 0 46966998 50422374 46966998 50422374 885496 2569880 0 X X 0 1 X 0 0 0 X 6792414 2569880 2569880 4222534 0 4222534 3337038 0 3337038 0 3337038 PART X, LINE 2: THE BENEFIT TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS RECEIVED AN EXEMPTION LETTER DATED OCTOBER 31, 2006 FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC) AND, ACCORDINGLY, THE PLAN'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. IN ADDITION, THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER, HOWEVER THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE MODIFIED CASH BASIS OF ACCOUNTING REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2018. FORM 990, PART VI, SECTION B, LINE 11B JEANETTE STUMP, A COMMITTEE MEMBER, AND THE VEBA TRUST ATTORNEY REVIEWED THE FORM 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION C, LINE 19 NONE OF THE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 1: THE PLAN PREPARES THE FINANCIAL STATEMENTS ON THE MODIFIED CASH BASIS OF ACCOUNTING. UNDER THIS BASIS, REVENUE IS RECORDED WHEN RECEIVED, RATHER THAN WHEN EARNED, AND EXPENSES ARE RECORDED WITHIN THE MONTH CLAIMS AND SERVICES ARE PERFORMED. THESE FINANCIAL STATEMENTS DIFFER FROM THE CASH BASIS OF ACCOUNTING IN THAT INVESTMENTS ARE RECORDED AT FAIR VALUE.