2017-05-12T17:20:27-04:00 2016-06-30 141604297 RBT CPAS LLP 11 RACQUET RD NEWBURGH NY 12550 990 2015-07-01 166456453 KINGSTON TRUST FUND KING 8453385422 PO BOX 4461 KINGSTON NY 12402 HUGH SPOLJARIC EXECUTIVE DIRECTOR 8453385422 2017-05-10 true LINDA M HANNIGAN CPA P00020592 8455679000 2017-05-10 2015 2021-01-29 14:40:06Z HUGH SPOLJARIC PO BOX 4461 KINGSTON NY 12402 24236702 false X WWW.KINGSTONTRUSTFUND.COM X BENEFITTRUST 1997 NY PROVIDE EXCELLENT HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS OF THE KINGSTON TEACHERS' FEDERATION. 7 7 2 0 0 23246835 23736172 392299 455328 24059 7663 23663193 24199163 0 19392134 21283772 308104 467206 0 0 3252831 3071258 22953069 24822236 710124 -623073 16617492 16958124 2921627 4254930 13695865 12703194 PROVIDE EXCELLENT HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS OF THE KINGSTON TEACHERS' FEDERATION. false false MEMBER HEALTH INSURANCE PLAN false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 709 0 2 true false false false false false false X 7 7 false false false false true true true true true false false false true true true true true true false false X KINGSTON TRUST FUND 8453385422 307 WALL STREET SUITE 6 KINGSTON NY 12401 HUGH SPOLJARIC EXECUTIVE DI 60.00 X X 197940 0 153335 LAURI NACCARATO CHAIRPERSON 1.00 X X 0 0 0 ERIC KOCH TREASURER 1.00 X X 0 0 0 BRUCE COBB SECRETARY 1.00 X X 0 0 0 GLENN GALLAGHER TRUSTEE 1.00 X 0 0 0 GAIL DIAMOND TRUSTEE 1.00 X 0 0 0 LINDSAY ORR TRUSTEE 1.00 X 0 0 0 PATRICIA PARKER TRUSTEE 1.00 X 0 0 0 SUZANNE JORDAN RESIGNED 5/2 1.00 X 0 0 0 197940 153335 1 false true false EMPLOYER CONTRIBUTIONS 22629558 22629558 MEDICARE DRUG SUBSIDY 416097 416097 STOP LOSS INSUR RECOVERY 342678 342678 PARTICIPANT CONTRIBUTIONS 322608 322608 SETTLEMENT PROCEEDS 25231 25231 23736172 459368 459368 33499 37539 -4040 -4040 -4040 OTHER INCOME 7663 7663 7663 24199163 23743835 455328 21283772 351275 84793 4800 26338 21600 19134 1883844 31397 10861 10504 11126 STOP LOSS INS PREMIUMS 642174 GROUP LIFE INS PREMIUMS 366346 REINSURANCE 74272 24822236 0 0 0 797232 1015173 412377 136744 301859 468202 4648 552912 111063 452353 441849 537528 354712 14101743 14524796 14400 12000 16617492 16958124 25000 25000 2896627 4229930 2921627 4254930 X 13695865 12703194 13695865 12703194 16617492 16958124 -623073 -177211 -192387 X false true X true false 170000 170000 380101 109599 270502 2811 1464 1347 441849 JACKSON NAT'L LIFE ANNUTIES 14524796 C 14524796 IBNR PAYABLE 2977417 DEFERRED COMPENSATION 723687 MEDICAL & DENTAL BENEFITS PAYABLE 528826 4229930 X 24021952 -177211 -177211 24199163 24199163 24822236 24822236 24822236 SCHEDULE D, PAGE 3, PART X THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AS A VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION (VEBA). THE FUND SPONSOR BELIEVES THAT THE TRUST CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE INTERNAL REVENUE SERVICE. THE FUND FILES AN ANNUAL 990 AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE. AS SUCH, NO FEDERAL OR NEW YORK STATE TAXES ARE PAID BY THE FUND. THE FUND HAS ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO 2013. X X X X false true false HUGH SPOLJARIC EXECUTIVE DIRECTOR 197940 153335 351275 SCHEDULE J, PAGE 1, PART I, LINE 4 HUGH SPOLJARIC 0 143,335 0 FORM 990, PAGE 6, PART VI, LINE 6 KINGSTON TEACHERS' FEDERATION FORM 990, PAGE 6, PART VI, LINE 7A THERE ARE SEVEN (7) TRUSTEES WHO, ACCORDING TO THE DECLARATION OF TRUST, ARE APPOINTED BY THE PRESIDENT OF THE KINGSTON TEACHERS' FEDERATION TO TERMS OF TWO (2) YEARS. FORM 990, PAGE 6, PART VI, LINE 7B THERE ARE SEVEN (7) TRUSTEES WHO, ACCORDING TO THE DECLARATION OF TRUST, ARE APPOINTED BY THE PRESIDENT OF THE KINGSTON TEACHERS' FEDERATION TO TERMS OF TWO (2) YEARS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE FORM 990, PAGE 6, PART VI, LINE 12C ANY CONFLICTS OF INTEREST ARE REVIEWED AT BOARD MEETINGS. WRITTEN POLICY ADOPTED IN 09-10 YEAR. AN ANNUAL QUESTIONAIRE IS FILLED OUT AND SIGNED BY ALL TRUSTEES REGARDING ANY CONFLICTS OF INTEREST DURING THE YEAR. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR SALARY IS DETERMINED BY CONTRACT WHICH IS APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST KINGSTON CITY SCHOOLS 61 CROWN ST KINGSTON NY 12401 PUBLIC SCH NY GOVT N/A false KINGSTON TEACHERS FEDERATION PO BOX 4461 KINGSTON NY 12402 UNION NY 501C5 N/A false false false false false false false false false false false true false false false false false false false false