2021-11-15T06:09:41-06:00 2020-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2020-01-01 830430487 ORMET CORPORATION HOURLY RETIREE BENEFIT TRUST ORME 4122012242 60 BOULEVARD OF THE ALLIES NO 5TH PITTSBURGH PA 15222 JEANETTE STUMP VEBA COMMITTEE MEMBER 4122012242 2021-11-12 1 JEANETTE STUMP 999009999 EUGENE J LOGAN P00227231 4122613644 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEANETTE STUMP 60 BOULEVARD OF THE ALLIES NO 5TH PITTSBURGH PA 15222 28655644 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 2761398 2807575 2843332 1448698 618 107 5605348 4256380 0 0 5112084 4589870 145928 147453 0 0 0 244035 251133 5502047 4988456 103301 -732076 44017000 46966998 0 0 44017000 46966998 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 4988456 2807575 VOULUNTARY EMPLOYEE BENEFICIARY ASSOCIATION WHICH PROVIDES HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 2,473 PARTICIPANTS. 4988456 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 0 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 6365 0 0 HOWARD KLINE COMMITTEE MEMBER 1.00 X 6365 0 0 JEANETTE STUMP COMMITTEE MEMBER 1.00 X 6365 0 0 NICHOLAS SCHAFER COMMITTEE MEMBER 1.00 X 0 0 0 PNC BANK INSTITUTIONAL TRUSTEE 24.00 X 128358 0 0 147453 0 0 0 0 0 0 0 RETIREE CONTRIBUTIONS 525100 2128236 2128236 HEALTH COVERAGE TAX CREDIT 900099 679339 679339 2807575 889207 889207 24958755 24399264 559491 559491 559491 CLASS ACTION PROCEEDS 900099 107 107 107 4256380 2807575 0 1448805 4589870 147453 174720 8562 20868 24000 3280 19703 4988456 176912 448647 1725082 1718686 42115006 44799665 44017000 46966998 0 0 X 44017000 46966998 0 0 0 0 44017000 46966998 44017000 46966998 -732076 3682074 0 X X 0 1 X 0 0 0 X 7938454 3682074 3682074 4256380 0 4256380 4988456 0 4988456 0 4988456 PART X, LINE 2: THE BENEFIT TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC) AND, ACCORDINGLY, THE PLAN'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE PLAN HAS OBTAINED A FAVORABLE TAX EXEMPTION LETTER DATED OCTOBER 31, 2006 FROM THE INTERNAL REVENUE SERVICE (IRS). 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 AND RECOGNIZE A TAX LIABILITY 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 2017. 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.