2016-08-02T08:17:04-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-01-01 237091120 CEDAR RAPIDS ELECTRICAL WORKERS LOCAL #405 HEALTH AND WELFARE FUND CEDA 3193983283 424 1ST AVENUE NE NO 200 CEDAR RAPIDS IA 52401 WILLIAM HANES CHAIRMAN OF BOARD 3193983283 2016-07-22 1 DOUG BERTOSSI P00637990 6123764500 2015 2016-12-15 16:53:06Z WILLIAM HANES 424 1ST AVENUE NE NO 200 CEDAR RAPIDS IA 52401 10255928 0 X N/A X 1970 IA THE H&W FUND USES CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS. 6 0 15 7 0 0 0 0 9156517 9590521 442847 416031 0 0 9599364 10006552 0 0 7003056 6672475 7445 7284 0 0 0 456682 1068427 7467183 7748186 2132181 2258366 11366269 12246609 1104514 219056 10261755 12027553 THE WELFARE FUND USES EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS. 0 0 THE WELFARE FUND USES EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS. 0 0 0 0 0 0 0 1 0 0 0 0 0 1 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 1 0 0 1 0 0 15 1 0 0 0 0 0 0 X 6 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X BILL HANES AUXIANT 3193983283 424 1ST AVE NE SUITE 200 CEDAR RAPIDS IA 52401 BILL HANES TRUSTEE, CHAIR 1.00 40.00 X X 0 93991 35171 RAY BROWN TRUSTEE, SECRETARY 1.00 40.00 X X 0 0 0 JUNIOR LUENSMAN LABOR ALTERNATE 1.00 40.00 X 0 2413 0 ROBERT CLARK LABOR TRUSTEE 1.00 40.00 X 0 0 0 JOSH UMSTEAD LABOR TRUSTEE 1.00 40.00 X 0 675 0 MINDY OLSON MANAGEMENT TRUSTEE 1.00 40.00 X 0 0 0 BILL SHATZER MANAGEMENT TRUSTEE 1.00 40.00 X 0 0 0 JIM JONES LABOR TRUSTEE 1.00 40.00 X 0 0 0 0 97079 35171 0 0 0 0 WELLMARK INC 1331 GRAND AVE PO BOX 9232 DES MOINES IA 50306 PLAN ADMINISTRATION 336592 AUXIANT 424 1ST AVENUE NE SUITE 200 CEDAR RAPIDS IA 52401 PLAN ADMINISTRATION 268904 REINHART BOERNER VAN DEUREN SC 1000 NORTH WATER STREET SUITE 1700 MILWAUKEE WI 53201 LEGAL 247850 3 EMPLOYER CONTRIBUTIONS 525100 9481564 9481564 PARTICIPANTS 525100 108957 108957 9590521 190212 190212 475195 249376 225819 225819 225819 10006552 9590521 0 416031 6672475 7284 247852 33249 20864 629746 10991 150 4814 5414 PPO FEES 21644 93703 7748186 2969190 1871882 507786 510061 791871 854537 1789 1812 7095633 9008317 11366269 12246609 10399 66017 48801 53276 923411 60267 121903 39496 1104514 219056 X 0 0 0 0 10261755 12027553 10261755 12027553 11366269 12246609 2258366 -492568 0 X 0 1 X 1 0 1 923411 863144 60267 1 X 0 DUE TO RELATED PARTIES 39496 39496 X 9493120 -492568 -492568 9985688 20864 20864 10006552 7727322 0 7727322 20864 20864 7748186 PART IV, LINE 2B: ELECTRICAL CONTRACTORS, REPRESENTED BY THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA), REMIT MONEY TO THE FUND WHICH IS THEN HELD IN A CASH ACCOUNT AND DISBURSED TO PAY DRUG SCREENING EXPENSES FOR THE FUND'S MEMBERS ON BEHALF OF NECA CONTRACTORS. PART X, LINE 2: THE VEBA TRUST FUNDING BENEFITS OF THE FUND RECEIVED AN EXEMPTION LETTER DATED JANUARY 29, 1987, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)9 OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE FUND'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2015 AND 2014 FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE FUND AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE BOARD OF TRUSTEES BELIEVES THAT THE FUND IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE FUND MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FUND TRUSTEES BELIEVE IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012. FORM 990, PART VI, SECTION A, LINE 7A THE UNION AND CONTRACTORS ASSOCIATION EACH APPOINT 50% OF THE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY WHO REVIEW AND SIGN THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE INTENT OF THE TRUSTEES AND LEGAL COUNSEL TO REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH THIS POLICY. PERSONS COVERED BY THIS POLICY ARE THE FUND'S BOARD OF TRUSTEES. PERSONS COVERED BY THE POLICY WILL DISCLOSE TO THE CHAIRMAN ANNUALLY INFORMATION ON A FORM THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. AFTER DISCLOSURES HAVE BEEN GIVEN THE CHAIRMAN AND SECRETARY WILL DETERMINE THE COURSE OF ACTION. IN THE EVENT OF A CONFLICT OF INTEREST TRANSACTION, THE BOARD OF TRUSTEES MAY AUTHORIZE, APPROVE OR RATIFY THE TRANSACTION BY AN AFFIRMATIVE VOTE OF A MAJORITY OF THE TRUSTEES. ANY TRUSTEE WITH DIRECT OR INDIRECT INTEREST IN THE TRANSACTION SHALL NOT VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CEDAR RAPIDS ELECT APP TRAINING & EDUCATIONAL TRUST 426603775 0 IBEW LOCAL #405 DEFERRED SAVINGS PLAN 421494475 0 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 405 420668751 0 ABC ELECTRICAL SERVICES LLC A&B ELECTRIC INC ACME ELECTRIC COMPANY ADVANTAGE ELECTRICAL BAKER ELECTRIC INC BAKER GROUP BIS INDUSTRIAL BLACKHAWK BLAKE ELECTRIC INC CONTROL INSTALLATIONS OF IOWA INC DAY & ZIMMERMANN DELANCEY ELECTRIC DEPENDABLE ELECTRIC INC ESCO ELECTRIC CO FPD POWER DEVELOPMENT GERARD ELECTRIC INC HAWKEYE COMMUNICATIONS INC HAWKEYE ELECTRICAL CONTRACTORS OF CEDAR RAPIDS HUSSMAN SERVICESTAYLOR JD ELECTRIC COMPANY MORSE ELECTRIC MUNSON ELECTRIC NELSON ELECTRIC COMPANY PAULSON ELECTRIC COMPANY PEC COMMUNICATIONS INC PREMIER RAMSEY COMMUNICATIONS SE ELECTRIC INC SHAY ELECTRIC SERVICE INC STREFF ELECTRIC INC TREY ELECTRIC INC TRI-CITY ELECTRIC CO UNITED ELECTRIC INC WALDINGER CORPORATION JUSTICE ELECTRIC COMPANY BIERMANN JW KOEHLER ELECTRIC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0