2012-10-23T13:22:55-05:00 2011-12-31 542076905 BST ADVISORS LLC 28 WEST 44TH STREET NEW YORK NY 10036 990 2011-01-01 136701607 INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 237 RETIREES' BENEFIT FUND INTE 2129242000 216 WEST 14TH ST NEW YORK NY 10011 RICHARD HENDERSHOT 2129242000 2012-09-28 1 DAVID C LEE P00178190 2126618640 2011 2016-02-24 21:20:13Z RICHARD HENDERSHOT 216 WEST 14TH ST NEW YORK NY 10011 33459340 0 X WWW.LOCAL237.ORG X 1975 NY TO PROVIDE VARIOUS WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS. 6 0 19 0 0 0 0 0 19737047 19357585 857251 847396 0 13213 20594298 20218194 0 0 15506861 15508911 1076261 1508839 0 0 0 441286 478718 17024408 17496468 3569890 2721726 27733494 31397691 2218924 2637139 25514570 28760552 TO PROVIDE VARIOUS WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY CITY EMPLOYEES LOCAL UNION 237 I.B.T. 0 0 THE RETIREES BENEFIT FUND PROVIDED PRESCRIPTION DRUG, DENTAL, OPTICAL, HEARING AID, DEATH, LEGAL SERVICES, SUPPLEMENTAL MEDICAL, RETIREMENT PLANNING, PENSION COUNSELING AND EDUCATION BENEFTIS TO APPROXIMATELY 9,000 MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY CITY EMPLOYEES LOCAL UNION 237 I.B.T. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 7 0 1 19 1 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X GREGORY FLOYD TRUSTEE CHARIMAN 2129242000 216 WEST 14TH STREET NEW YORK NY 10011 EDMUND KANE 0.50 X 0 172109 24047 GREGORY FLOYD 0.50 X 0 210598 8560 PATRICIA STRYKER 0.50 X 0 183814 19065 RICHARD HENDERSHOT 0.50 X 0 189406 28895 RUBEN TORRES 0.50 X 0 101106 5576 REMILDA FERGUSON 0.50 X 0 74368 18098 PAUL JUERGENSEN 15.00 X 0 162664 75544 CARNELL JOYNER JR 15.00 X 0 152638 14902 NANCY TRUE 40.00 X 137189 0 87497 WINSTON GEORGE 15.00 X 104128 0 75081 241317 1246703 357265 2 0 1 0 HEALTH INSURANCE PLAN 55 WATER STREET 13TH FLOOR NEW YORK NY 10041 PRESCRIPTION DRUGS CLAIM ADMININISTRATOR 164538 HEALTHPLEX 333 EARL OVINGTON BLVD SUITE 300 UNIONDALE NY 11533 DENTAL CLAIMS ADMINISTRATOR 144849 2 EMPLOYER CONTRIBUTIONS 900099 16801200 16801200 MEDICARE REFUNDS 900099 2494018 2494018 COBRA CONTRIBUTIONS 900099 62367 62367 19357585 629504 629504 13459038 13241146 217892 217892 217892 OTHER REVENUE 900099 13213 13213 13213 20218194 19370798 0 847396 15508911 745036 438900 277369 47534 38021 26190 35280 37526 172131 116419 17074 25400 10677 17496468 165839 1832733 2387110 3370570 3113 9877 502884 362980 108975 139904 23333053 25195091 1735404 849516 27733494 31397691 140845 105025 2078079 2532114 2218924 2637139 X 0 0 0 0 25514570 28760552 25514570 28760552 27733494 31397691 X 2721726 524256 X X 0 1 1 X 0 144940 106932 38008 357944 256048 101896 139904 DUE TO AFFILIATES 509875 CONTRIBUTION OVERPAYMENT PAYABLE 268908 ACCUMULATED POST RETIREMENT PENSION BENEFITS 793751 ACCUMULATED POST RETIREMENT BENEFITS OTHER THAN PENSION 959580 2532114 20218194 17496468 2721726 524256 524256 3245982 20707170 524256 524256 20182914 35280 35280 20218194 17087391 0 17087391 35280 373797 409077 17496468 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE PLAN IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC) AND HAS OBTAINED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS). THE PLAN OBTAINED ITS LATEST DETERMINATION LETTER ON OCTOBER 29, 1975, IN WHICH THE IRS STATED THAT THE PLAN WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN'S ADMINISTRATOR AND THE PLAN'S COUNSEL BELIEVE THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THEREFORE, THEY BELIEVE THAT THE PLAN WAS QUALIFIED AND THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. THE PLAN'S MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZES A TAX LIABILITY OR ASSET IF AN UNCERTAIN TAX POSITION WAS TAKEN AND IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2008. PART XIII, LINE 4B - OTHER ADJUSTMENTS: OTHER CHANGES IN NET ASSETS RELATED TO POST RETIREMENT BENEFIT ADJUSTMENTS 373,797. X 0 0 0 EDMUND KANE 0 172109 0 0 0 0 0 21414 0 2633 0 196156 0 0 GREGORY FLOYD 0 210598 0 0 0 0 0 8560 0 0 0 219158 0 0 PATRICIA STRYKER 0 183814 0 0 0 0 0 16432 0 2633 0 202879 0 0 RICHARD HENDERSHOT 0 189406 0 0 0 0 0 16784 0 12111 0 218301 0 0 PAUL JUERGENSEN 0 162664 0 0 0 0 0 61217 0 14327 0 238208 0 0 CARNELL JOYNER JR 0 152638 0 0 0 0 0 0 0 14902 0 167540 0 0 NANCY TRUE 137189 0 0 0 0 0 68216 0 19281 0 224686 0 0 0 WINSTON GEORGE 104128 0 0 0 0 0 60136 0 14945 0 179209 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE FUND HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE FUND'S 990 IS PREPARED BY ITS OUTSIDE AUDITOR AND IS SUBMITTED AND REVIEWED WITH THE CONTROLLER. THE CONTROLLER THEN REVIEWS THE TAX RETURN WITH THE CHARIPERSON OF THE BOARD OF TRUSTEES. A COPY OF THE 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15: OFFICERS AND STAFF SALARIES ARE SET BY DEPARTMENT DIRECTORS AND APPROVED BY THE BOARD OF TRUSTEES APPOINTED BY THE UNION. INCREASES ARE EQUIVALENT TO UNION SALARY INCREASES PURSUANT TO THE COLLECTIVE BARGAINING CONTRACT IN FORCE. 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 GAINS ON INVESTMENTS: 524,256. FORM 990, PART XII, LINE 2C THE EXECUTIVE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. CITY EMPLOYEES UNION LOCAL 237 IBT 216 WEST 14TH STREET NEW YORK NY 10011 135616651 PROVIDE ASSISTANCE TO MEMBERS IN LABOR RELATED MATTERS. NY 501(C)(5) 0 TEAMSTERS LOCAL 237 TRAINING AND EDUCATION FUND 216 WEST 14TH STREET NEW YORK NY 10011 133017119 PROVIDE TRAINING AND EDUCATIONAL BENEFITS TO ELIGIBLE MEMBERS NY 501(C)(3) 0 TEAMSTERS LOCAL 237 WELFARE FUND 216 WEST 14TH STREET NEW YORK NY 10011 132575626 PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS. NY 501(C)(9) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 TEAMSTERS LOCAL 237 WELFARE FUND M 884358 ACCRUAL BASIS CITY EMPLOYEES UNION LOCAL 237 IBT M 171787 ACCRUAL BASIS TEAMSTERS LOCAL 237 WELFARE FUND P 149673 ACCRUAL BASIS CITY EMPLOYEES UNION LOCAL 237 IBT P 40120 ACCRUAL BASIS TEAMSTERS LOCAL 237 WELFARE FUND O 734685 ACCRUAL BASIS CITY EMPLOYEES UNION LOCAL 237 IBT O 131667 ACCRUAL BASIS