2013-05-14T15:45:24-05:00 2012-06-30 135381590 BDO USA LLP 100 PARK AVENUE NEW YORK NY 10017 990 2011-07-01 237424757 THOMAS SHORTMAN TRAINING SCHOLARSHIP AND SAFETY FUND THOM 2125392778 25 WEST 18TH STREET NEW YORK NY 100114676 HOWARD ROTHSCHILDLARRY ENGELSTEIN 2125392778 2013-05-14 1 JAMES P WETZOLD P00229911 2128858000 2011 2016-02-24 21:20:13Z HOWARD ROTHSCHILDLARRY E 25 WEST 18TH STREET NEW YORK NY 100114676 16880826 0 X WWW.32BJFUNDS.COM X 501(C)(3) 1974 NY THE FUND PROVIDES TRAINING, SCHOLARSHIP AND SAFETY PROGRAMS TO ELIGIBLE PARTICIPANTS EMPLOYED IN THE BUILDING SERVICE INDUSTRY WHO ARE COVERED UNDER COLLECTIVE BARGAINING AGREEMENTS OR PARTICIPATION AGREEMENTS. THE FUND IS AIMED AT UPGRADING AND IMPROVING INDUSTRY SKILLS, PROVIDING TRAINING AND CLASSES TO IMPROVE COMPUTER AND ACADEMIC SKILLS, PROVIDING SCHOLARSHIPS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS, AND PROVIDING SAFETY PROGRAMS ASSISTING PARTICIPANTS IN PREVENTING INJURY OR ILLNESS ON THE JOB. 8 8 231 0 0 0 1637648 1135667 14282219 15586930 2207 0 183745 158229 16105819 16880826 0 0 1841975 1690913 4486144 5131397 0 0 0 7375328 8580252 13703447 15402562 2402372 1478264 10926768 16019183 1504580 5118731 9422188 10900452 X THE FUND PROVIDES TRAINING, SCHOLARSHIP AND SAFETY PROGRAMS TO ELIGIBLE PARTICIPANTS EMPLOYED IN THE BUILDING SERVICE INDUSTRY WHO ARE COVERED UNDER COLLECTIVE BARGAINING AGREEMENTS OR PARTICIPATION AGREEMENTS. THE FUND IS AIMED AT UPGRADING AND IMPROVING INDUSTRY SKILLS, PROVIDING TRAINING AND CLASSES TO IMPROVE COMPUTER AND ACADEMIC SKILLS, PROVIDING SCHOLARSHIPS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS, AND PROVIDING SAFETY PROGRAMS ASSISTING PARTICIPANTS IN PREVENTING INJURY OR ILLNESS ON THE JOB. 0 0 13586323 15745159 TRAINING AND EDUCATION PROGRAMS FOR APPROXIMATELY 84,800 MEMBERS. 488500 SCHOLARSHIPS PROGRAM WITH APPROXIMATELY 200 PAYMENTS FOR SCHOLARSHIP AWARDS. 14074823 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 32 0 231 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALAN LANGER CONTROLLER 2123883489 25 WEST 18TH STREET NEW YORK NY 100114676 MICHAEL FISHMAN 1.00 X 0 0 0 KEVIN DOYLE 1.00 X 0 0 0 HECTOR FIGUEROA 1.00 X 0 0 0 HOWARD ROTHSCHILD 1.00 X 0 0 0 CHARLES DOREGO 1.00 X 0 0 0 JOHN SANTORA 1.00 X 0 0 0 FRED WARD 1.00 X 0 0 0 JOHN PAGNOTTA 1.00 X 0 0 0 SUSAN COWELL 3.00 X 10692 205751 22058 PETER GOLDBERGER 3.00 X 9532 183415 21160 LAZARO GONZALEZ 1.00 X 10420 200513 21836 LINDA NELSON 35.00 X 176034 0 20336 BARBARA CARESS 3.00 X 9767 187943 21106 MARGARET NAPIER 0.30 X 1975 180812 20683 IMTIAZ ALUR MOHAMMAD 1.00 X 7374 163213 19725 PETER HAMARICH 4.00 X 19043 146882 19512 RANDI FARBER 0.20 X 2025 178695 20139 246862 1447224 186555 6 0 1 0 NEW JERSEY COMMUNITY COLLEGE 330 WEST STATE STREET NEW JERSEY NJ 08618 OFFSITE CLASSROOMS 514855 HOSTOS COMMUNITY COLLEGE 500 GRAND CONCOURSE BRONX NY 10451 OFFSITE CLASSROOMS 277000 MONTGOMERY COLLEGE PO BOX 7135 GAITHERSBURG MD 208987135 OFFSITE CLASSROOMS 212686 RESEARCH FOUNDATION - CUNY 230 WEST 41ST STREET 7TH FL NEW YORK NY 10036 OFFSITE CLASSROOMS 210116 SACRED HEART UNIVERSITY 5151 PARK AVENUE FAIRFILED CT 06825 OFFSITE CLASSROOMS 164930 6 1052813 82854 1135667 EMPLOYERS CONTRIBUTION 900099 15586930 15586930 15586930 OTHER INCOME 900099 69264 69264 INTEREST INCOME - EMPL 900099 46435 46435 LIQUIDATED DAMAGES - E 900099 42530 42530 158229 16880826 15745159 0 0 1690913 1690913 285488 203285 82203 3653486 3211344 442142 208364 208079 285 600438 450066 150372 383621 340396 43225 56722 56722 39772 39772 115 115 120929 120929 175263 14399 160864 4081895 4081895 105248 52325 52923 618751 618751 54223 51932 2291 OFFSITE CLASSROOM AND I 2266432 2266432 PRINTING, STATIONERY AN 256965 256018 947 BOOKS 214287 214287 CONSULTING FEES 197510 151636 45874 392140 262950 129190 15402562 14074823 1327739 0 4092270 3280383 1421450 1629600 595412 53303 11376915 653644 4135383 10723271 682253 332626 10926768 16019183 412936 506092 1091644 4612639 1504580 5118731 X 0 0 0 0 9422188 10900452 9422188 10900452 10926768 16019183 1478264 0 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8463900 217390 8246510 2913015 436254 2476761 10723271 TRAINING & EDUCATION PROGRAM PAYABLE 377217 LEASE INCENTIVE OBLIGATION 4235422 4612639 16880826 15402562 1478264 1478264 16880826 0 16880826 0 16880826 15335816 0 15335816 66746 66746 15402562 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN A LETTER DATED NOVEMBER 29, 2011, THE DOL MADE AN INITIAL REQUEST FOR VARIOUS DOCUMENTS IN RELATION TO AN INVESTIGATION OF THE FUND TO DETERMINE COMPLIANCE WITH THE PROVISIONS OF ERISA. AS THE INVESTIGATION IS IN THE PRELIMINARY STAGE, THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2012 DO NOT INCLUDE AN ACCRUAL TO RECORD THE POTENTIAL IMPACT, IF ANY, FROM ANY PENALTIES THAT MAY BE ASSESSED BY THE DOL AS SUCH AMOUNTS ARE UNKNOWN AND CANNOT BE ESTIMATED. IN ADDITION, THE PLAN ADMINISTRATOR IS NOT AWARE OF ANY EFFECT THAT THIS INVESTIGATION WILL HAVE ON THE FUNDS TAX STATUS. U.S. GAAP REQUIRES FUND MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY FEDERAL, STATE AND/OR LOCAL TAXING AUTHORITIES. THE ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE WERE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BETAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ADMINISTRATOR BELIEVES THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JULY 1, 2008. PART XIII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFITS PAYABLE 66,746. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL MEMBERS OF THE UNION HAVE BEEN INFORMED OF ELIGIBILITY ON A NON-DISCRIMINATORY BASIS BY UNION PUBLICATIONS, MEETINGS AND NOTICES. X X X 0 0 0 0 0 0 0 0 0 SUSAN COWELL 10293 198064 399 7687 0 0 0 0 1326 25509 12018 231260 0 0 PETER GOLDBERGER 9348 179887 184 3528 0 0 0 0 1281 24655 10813 208070 0 0 LAZARO GONZALEZ 10031 193018 389 7495 0 0 0 0 1315 25297 11735 225810 0 0 LINDA NELSON 169496 0 6538 0 0 0 0 0 25112 0 201146 0 0 0 BARBARA CARESS 9407 181010 360 6933 0 0 0 0 1279 24604 11046 212547 0 0 MARGARET NAPIER 1900 174080 75 6841 0 0 0 0 275 25196 2250 206117 0 0 IMTIAZ ALUR MOHAMMAD 7241 169794 133 3119 0 0 0 0 1048 24574 8422 197487 0 0 PETER HAMARICH 18335 146102 708 5647 0 0 0 0 2772 22089 21815 173838 0 0 RANDI FARBER 1988 177341 37 3328 0 0 0 0 279 24856 2304 205525 0 0 FORM 990, PART VI, SECTION A, LINE 7A IF A UNION TRUSTEE VACANCY ARISES, THE FUND'S TRUST AGREEMENT PROVIDES THAT SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 32BJ HAS THE POWER TO APPOINT A SUCCESSOR UNION TRUSTEE FOR THE FUND. IF AN EMPLOYER TRUSTEE VACANCY ARISES, THE FUND'S TRUST AGREEMENT PROVIDES THAT THE REALTY ADVISORY BOARD HAS THE POWER TO APPOINT A SUCCESSOR EMPLOYER TRUSTEE FOR THE FUND. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND CONTROLLER. THE FINAL FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE FUND IS SUBJECT TO THE REQUIREMENTS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT, AS AMENDED ("ERISA") AND THE FIDUCIARY STANDARDS OF ERISA, INCLUDING THE PROHIBITED TRANSACTIONS PROVISIONS, WHICH CONSTITUTES THE FUND'S CONFLICT OF INTEREST POLICY. THE BOARD OF TRUSTEES MONITORS AND ENFORCES COMPLIANCE WITH THOSE PROVISIONS AS REQUIRED BY ERISA ALONG WITH THE ASSISTANCE OF THE FUND'S PROFESSIONALS. FORM 990, PART VI, SECTION B, LINE 15 THE FUND RETAINED AN INDEPENDENT COMPENSATION CONSULTANT WHICH CONDUCTED SEARCHES ON A LOCAL AND NATIONAL LEVEL FOR SIMILAR JOBS AND DETERMINED REASONABLENESS OF THE FUND'S COMPENSATION BASED ON THE BENEFITS THE FUND PROVIDES AND OTHER INTERNAL FACTORS. THE CONSULTANT ALSO BUILT A SALARY STRUCTURE FOUNDATION FOR THE FUND AND THAT STRUCTURE IS REVIEWED ANNUALLY AND ADJUSTED WHEN APPROPRIATE. IN ADDITION, THE DIRECTOR OF HUMAN RESOURCES SUBSCRIBES TO AN ONLINE COMPENSATION SURVEY WHICH IS USED AS A TOOL IN REVIEWING THE FUND'S COMPENSATION FOR COMPARABILITY PURPOSES AGAINST THE CURRENT JOB MARKET. FORM 990, PART VI, SECTION C, LINE 19 THE FUND MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS, BENEFICIARIES, THE SPONSORING UNION, AND CONTRIBUTING EMPLOYERS AS REQUIRED BY ERISA. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES IN THE SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE AUDIT FROM THE PRIOR YEAR. BUILDING SERVICE 32BJ PENSION FUND 25 WEST 18TH STREET NEW YORK NY 100114676 131879376 PENSION BENEFITS NY 501 (A) 0 BUILDING SERVICE 32BJ LEGAL SERVICES 25 WEST 18TH STREET NEW YORK NY 100114676 136841620 LEGAL SERVICES NY 501 (C)(9) 0 BUILDING SERVICE 32BJ HEALTH FUND 25 WEST 18TH STREET NEW YORK NY 100114676 132928869 HEALTH BENEFITS NY 501 (C)(9) 0 BUILDING SERVICE 32BJ SRSP FUND 25 WEST 18TH STREET NEW YORK NY 100114676 133507075 401(K) PROFIT SHARING NY 401 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 BUILDING SERVICE 32BJ HEALTH FUND N 567057 ALLOCATED EXP BASED ON ALLOC. STU BUILDING SERVICE 32BJ HEALTH FUND O 1814970 ALLOCATED EXP BASED ON ALLOC. STU BUILDING SERVICE 32BJ HEALTH FUND M 2629778 ALLOCATED EXP BASED ON ALLOC. STU