2021-08-09T07:34:10-07:00 2020-12-31 720547750 Murphy Whalen & BroussardLLC 401 Veterans Memorial Boulevard Sui Metairie LA 70005 990 2020-01-01 300285271 IUOE Local 406 Welfare Fund IUOE 2259241311 7651 Airline Highway Baton Rouge LA 70814 Robert S Boh Chairman 2021-08-09 true Robert S Boh 999009999 Thomas J Kerner CPA P00098497 5048371334 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z 7651 Airline Highway Baton Rouge LA 70814 4474344 false X N/A X 2004 LA The organization's primary exempt purpose is to provide Health (medical/Rx) and Welfare (life/AD&D) benefits to participants and their eligible dependents and to provide for education or training benefits or courses (such as apprentice and training programs). X 4 0 0 0 0 0 91153 69519 0 91153 69519 0 145708 733269 0 0 0 156862 96042 302570 829311 -211417 -759792 4061087 2067837 21244 15567 4039843 2052270 X The organization's primary exempt purpose is to provide Health (medical/Rx) and Welfare (life/AD&D) benefits to participants and their eligible dependents and to provide for education or training benefits or courses (such as apprentice and training programs). true true The plan provided Health (medical/Rx) and Welfare (life/AD&D) benefits for eligible participants through participation in the Southern Operators Health Fund.The plan provided education or training benefits or courses (such as apprentice and training programs) via its transfer to the Operating Engineers Local 406, State of Louisiana Apprenticeship and Educational Training Program.The plan provided benefits to participants via a Self-Pay Relief Program during Year 2020. The Self-Pay Relief program provides assistance for maintaining health and welfare coverage for employees of Local 406 signatory employers who were unable to work enough hours due to Covid-19 to maintain coverage. false false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false true false false false false true 5 0 true 0 false false false false false false false false X 4 0 false false false false false false false true true false false true true true true true true true true false X Rouen Caboche 2259241311 7651 Airline Highway Baton Rouge LA 70814 X Robert S Boh Chairman 0.00 0.00 X 0 0 0 Carlos Benoit Trustee 0.00 0.00 X 0 0 0 D Jason Billings Vice Chairman 0.00 0.00 X 0 0 0 Mike Morain Trustee 0.00 0.00 X 0 0 0 0 false false false 0 0 0 55729 55729 0 0 0 4418615 4404825 13790 13790 13790 0 0 0 0 69519 69519 0 0 0 733269 0 0 0 0 0 0 28173 9454 12500 0 0 20000 0 0 214 12109 0 2302 416 0 0 0 0 19 9768 Bank Charges 612 Postage and Shipping 475 0 829311 0 0 0 98732 198845 284598 24190 0 16602 9688 0 0 0 0 1920 0 58443 58045 417 398 3658818 1834716 0 0 0 0 4061087 2067837 21244 15567 21244 15567 X 4039843 2052270 4039843 2052270 4061087 2067837 X -759792 -1227781 X false true X false false 58443 58045 398 398 69519 69519 69519 829311 829311 829311 $1,250,000 2020-01-29 1250000 Cash Value 237400330 OELocal 406 St of La App&Ed 7370 Chef Menteur Highway New Orleans LA 70126 501(c)3 true false false false Part I & 2, Line 2e - Name and Explanation for Involvement in Successor The plan transferred $1,250,000 during the year 2020 to Operating Engineers Local 406, State of Louisiana Apprenticeship and Educational Training Program "Training Program", FEIN 30-0285271, in connection with an agreement for the funds to be used for capital investments through the purchase of long-term assets and/or construction and renovations to the training facility and site to further its mission. The welfare fund is a Louisiana trust established and maintained pursuant to a trust agreement and is tax qualified under Internal Revenue Code Section 501(c)(9). It is governed by a joint board of trustees with equal representation of employee/union trustees and employer trustees. D. Jason Billings and Carlos Benoit serve and have served for many years, without compensation, as employee/union trustees. The Operating Engineers Local 406, State of Louisiana Apprenticeship and Educational Training Program ("training program") is a Louisiana trust established and maintained pursuant to a trust agreement and is tax qualified under Internal Revenue Code Section 501(c)(3). It is governed by a separate joint board of trustees with equal represenation of employee/union trustees and employer trustees. D. Jason Billings and Carlos Benoit also serve and have served for many years, without compensation, as employee/union trustees. Form 990, Part III, Line 2: New Services The Plan implemented a Self-Pay Relief Program by which the Plan provides assistance for maintaining health and welfare coverage for employees of Local 406 signatory employers who were unable to work enough hours due to Covid-19 to maintain coverage. Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services The Trust transferred $1,250,000 to the Operating Engineers Local 406, State of Louisiana Apprenticeship and Educational Training Program in accordance with the December 2019 agreement to be used for capital investments through the purchase of long-term assets and/or construction and renovations to the training facility. Form 990, Part VI, Line 11b: Form 990 Review Process Before Form 990 is filed, the Trustees are given copies of the Final Return to Review. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Trustees annually review and monitor compliance with policy. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Trustees approve compensation of administrator. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Made available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Net unrealized gains on securties = $22219 Other Changes In Net Assets Or Fund Balances - Other Decreases Transfer to Op. Eng. Local 406,...Appr.& Educ. Training Prog = -$1250000