2013-04-01T12:59:31-05:00 2012-06-30 542076905 BST ADVISORS LLC 28 WEST 44TH STREET NEW YORK NY 10036 990 2011-07-01 136220695 PSC - CUNY WELFARE FUND PSC- 2123545230 61 BROADWAY NEW YORK NY 10006 LARRY MORGAN 2123545230 2013-03-29 1 PATRICK C STINES P01592735 2126618640 2011 2016-02-25 16:41:14Z LARRY MORGAN 61 BROADWAY NEW YORK NY 10006 44004819 0 X N/A X SINGLE-EMPLOYER, DEFINED BENEFIT, H 1967 NY TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS. 12 11 15 0 0 0 0 0 36418129 36745498 540343 220734 220979 -192375 37179451 36773857 0 0 43061074 47305545 1243816 1270998 0 0 0 467889 580394 44772779 49156937 -7593328 -12383080 32495505 20201139 538674 732883 31956831 19468256 SEE 4A BELOW 0 0 49156937 THROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH THE CITY UNIVERSITY OF NEW YORK, THE FUND COLLECTS CONTRIBUTIONS AND PROVIDES HEALTH AND WELFARE BENEFITS FOR ALL QUALIFYING PLAN PARTICIPANTS. 49156937 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 15 1 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 0 X PSC - CUNY WELFARE FUND 2123545230 61 BROADWAY NEW YORK NY 10006 BARBARA BOWEN 2.00 X 0 0 0 DAVID KOTELCHUCK 1.00 X 0 0 0 STEVEN LONDON 10.00 X 0 10737 0 LESLIE WILLLIAMS 1.00 X 0 0 0 TERRENCE MARTELL 2.00 X 0 0 0 SHERRIAN GRANT FORDHAM 1.00 X 0 0 0 GLORIA WATERS 1.00 X 0 0 0 PAULA WHITLOCK 1.00 X 0 0 0 ROBERT PUTZ 1.00 X 0 0 0 TERRY PARKER 1.00 X 0 0 0 ROBERT CERMELE 12.00 X 10737 11659 0 LARRY MORGAN 40.00 X 153471 0 66973 DANIEL PINELLO 1.00 X 0 0 0 DONNA COSTA 40.00 X 106104 0 53440 270312 22396 120413 2 0 1 0 GUARDIAN 3900 BURGESS PLACE BETHLEMHEM PA 18017 SERVICE FEES 519788 MEDCO 100 PARSONS POND DRIVE MLV 1-3 FRANKLIN LAKES NJ 07417 ADMINISTRATIVE FEES 511523 2 EMPLOYERS CONTRIBUTION 900099 36298835 36298835 SURVIVOR CONTRIBUTION 900009 254025 254025 COBRA REIMBURSEMENTS 900099 192638 192638 36745498 368272 368272 7083424 7230962 -147538 -147538 -147538 REBATES 900099 85287 85287 INCREASE IN ACCRUED PE 900099 -277662 -277662 -192375 36773857 36405585 0 368272 47305545 47305545 231181 231181 720242 720242 58611 58611 195155 195155 65809 65809 64508 64508 41044 41044 26201 26201 105997 105997 72245 72245 44600 44600 173516 173516 21776 21776 15025 15025 15482 15482 49156937 49156937 0 0 1314424 578363 9584627 4679046 69055 14441 136427 76648 54318 59779 17934780 11961728 3538301 2907782 32495505 20201139 173745 216436 364929 516447 538674 732883 X 0 0 0 0 31956831 19468256 31956831 19468256 32495505 20201139 X -12383080 -105495 X X 0 1 1 X 0 53930 21292 32638 82497 55356 27141 59779 MEDICAL REBATES AND REFUNDS RECEIVABLE 2798274 ACCRUED INTEREST & DIVIDENDS 41729 OTHER RECEIVABLES 67779 2907782 CONTRIBUTIONS RECEIVED IN ADVANCE 352119 ACCRUED PENSION OBLIGATIONS 163448 401(K) EMPLOYEE CONTRIBUTIONS 880 516447 36773857 49156937 -12383080 -105495 -105495 -12488575 36919823 -105495 -105495 37025318 26201 -277662 -251461 36773857 49130734 0 49130734 26201 2 26203 49156937 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE ORGANIZATION HAS BEEN CLASSIFIED AS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF JUNE 30, 2011 AND 2012. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2008, AND PRIOR. THE AMOUNT REPRESENTED ON LINE SCHEDULE D, LINE 4B REPRESENTS THE INCREASE IN ACCRUED PENSION LIABILITY. X 0 0 0 LARRY MORGAN 153471 0 0 0 0 0 45123 0 21850 0 220444 0 0 0 DONNA COSTA 106104 0 0 0 0 0 31900 0 21540 0 159544 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE FUND HAS NO SUBCOMMITEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND CAN BE EXAMINED AT THE FUND OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -105,495. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED. FORM 990, PART X, LINE 33: NET ASSETS PER THE AUDITED FINANCIAL STATEMENTS DO NOT INCLUDE ESTIMATED CURRENT CLAIMS OBLIGATIONS OF $3,392,705 AND ESTIMATED POST-RETIREMENT OBLIGATIONS OF $500,000,000. THEY ARE REPORTED ON A SEPARATE SCHEDULE AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. PROFESSIONAL STAFF CONGRESS 61 BROADWAY 15TH FLOOR NEW YORK NY 10006 132638049 LABOR UNION OF PLAN PARTICIPANTS NY 501(C)(5) 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 PROFESSIONAL STAFF CONGRESS I 173516 FAIR MARKET VALUE PROFESSIONAL STAFF CONGRESS N 67164 ACTUAL COST PROFESSIONAL STAFF CONGRESS O 195912 CASH TRANSFERRED