2011-09-29T09:39:51-05:00 2010-12-31 BST ADVISORS LLC 28 WEST 44TH STREET NEW YORK NY 10036 990 2010-01-01 136701607 INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 237 RETIREES' BENEFIT FUND INTE 2129242000 216 WEST 14TH ST NEW YORK NY 10011 RICHARD HENDERSHOT 2129242000 2011-09-26 1 DAVID C LEE 2126618640 2010 2016-03-07 17:11:31Z RICHARD HENDERSHOT 216 WEST 14TH ST NEW YORK NY 10011 32945433 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 21323530 19737047 623776 857251 0 0 21947306 20594298 0 0 13946182 15506861 1058127 1076261 0 0 0 399088 441286 15403397 17024408 6543909 3569890 23877611 27733494 2181520 2218924 21696091 25514570 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 17024408 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 8,900 MEMBERS AND THEIR DEPENDENTS COVERED UNDER COLLECTIVELY BARGAINED LABOR CONTRACTS NEGOTIATED BY CITY EMPLOYEES LOCAL UNION 237 I.B.T. 17024408 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 2 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 162354 20678 GREGORY FLOYD 0.50 X 0 208500 7177 PATRICIA STRYKER 0.50 X 0 173441 17990 RICHARD HENDERSHOT 0.50 X 0 188546 25650 RUBEN TORRES 0.50 X 0 98554 4694 REMILDA FERGUSON 0.50 X 0 72131 15302 PAUL JUERGENSEN 15.00 X 0 162658 69026 CARNELL JOYNER JR 15.00 X 0 54734 0 NANCY TRUE 40.00 X 135730 0 81144 WINSTON GEORGE 15.00 X 104122 0 79001 239852 1120918 320662 2 0 1 0 HEALTHPLEX 333 EARL OVINGTON BLVD SUITE 300 UNIONDALE NY 11533 DENTAL CLAIMS ADMINISTRATOR 167113 1 EMPLOYER CONTRIBUTIONS 900099 16669786 16669786 MEDICARE REFUNDS 900099 3000050 3000050 COBRA CONTRIBUTIONS 900099 67211 67211 19737047 711668 711668 12496718 12351135 145583 145583 145583 20594298 19882630 0 711668 15506861 15506861 716707 716707 154114 154114 157342 157342 48098 48098 45579 45579 21790 21790 29835 29835 26850 26850 150496 150496 106362 106362 26446 26446 22539 22539 11389 11389 17024408 17024408 0 0 2433198 165839 2765922 2387110 11235 3113 446554 337579 88518 108975 18381826 23333053 196912 1735404 23877611 27733494 107798 140845 2073722 2078079 2181520 2218924 X 0 0 0 0 21696091 25514570 21696091 25514570 23877611 27733494 X 3569890 248589 X X 0 1 1 X 0 134994 102462 32532 311560 235117 76443 108975 PRESCRIPTION REBATES 225648 MEDICARE PART D SUBSIDIES 1326268 ACCRUED INTEREST AND DIVIDENDS 183488 1735404 DUE TO AFFILIATES 459248 CONTRIBUTION OVERPAYMENT PAYABLE 268908 ACCUMULATED POST RETIREMENT PENSION BENEFITS 582927 ACCUMULATED POST RETIREMENT BENEFITS OTHER THAN PENSION 766996 2078079 20594298 17024408 3569890 248589 248589 3818479 20813052 248589 248589 20564463 29835 29835 20594298 17023021 0 17023021 29835 -28448 1387 17024408 PART XIII, LINE 4B: OTHER CHANGES IN NET ASSETS RELATED TO POSTRETIREMENT BENEFIT ADJUSTMENTS: $(28,448) 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). X 0 0 0 EDMUND KANE 0 162354 0 0 0 0 0 18268 0 2410 0 183032 0 0 GREGORY FLOYD 0 208500 0 0 0 0 0 7177 0 0 0 215677 0 0 PATRICIA STRYKER 0 173441 0 0 0 0 0 15580 0 2410 0 191431 0 0 RICHARD HENDERSHOT 0 188546 0 0 0 0 0 14233 0 11417 0 214196 0 0 PAUL JUERGENSEN 0 162658 0 0 0 0 0 55133 0 13893 0 231684 0 0 NANCY TRUE 135730 0 0 0 0 0 62553 0 18591 0 216874 0 0 0 WINSTON GEORGE 104122 0 0 0 0 0 63595 0 15406 0 183123 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: 248,589. FORM 990, PART XII, LINE 2C THE EXECUTIVE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART X, LINE 33 THROUGH DECEMBER 31, 2009, THE PLAN HAD NOT DETERMINED THE COST OF ITS DEFINED BENEFIT STAFF PENSION PLAN AND DEFINED BENEFIT POSTRETIREMENT STAFF HEALTH CARE PLAN IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). FOR 2010, THE PLAN HAS DETERMINED THESE COSTS AND HAS RESTATED THEIR NET ASSETS AVAILABLE FOR BENEFITS AND LIABILITIES FOR POSTRETIREMENT BENEFITS AS OF DECEMBER 31, 2009 TO REFLECT A DECREASE IN NET ASSETS AVAILABLE FOR BENEFITS AND AN INCREASE IN LIABILITIES FOR POSTRETIREMENT BENEFITS OF $1,336,236. THE FOLLOWING TABLE DETAILS PRIOR YEAR AMOUNTS WHICH HAVE BEEN RESTATED TO BE IN CONFORMITY WITH CURRENT YEAR'S PRESENTATION: PART X, LINE 25, COLUMN B - OTHER LIABILITIES (PER 2009 FILING) $ 737,486 ADJUSTMENT FOR POSTRETIREMENT BENEFITS 1,336,236 PART X, LINE 25, COLUMN A - OTHER LIABILITIES, AS RESTATED(PER 2010 FILING) 2,073,722 PART X, LINE 26, COLUMN B - TOTAL LIABILITIES (PER 2009 FILING) $ 845,284 ADJUSTMENT FOR POSTRETIREMENT BENEFIT LIAB 1,336,236 PART X, LINE 25, COLUMN A - TOTAL LIABILITIES, AS RESTATED (PER 2010 FILING) 2,181,520 PART X, LINE 32 & 33, COLUMN B - RETAINED EARNINGS, ENDOWMENT, ACCUMULATED INCOME, OR OTHER FUNDS (PER 2009 FILING) $23,032,327 ADJUSTMENT FOR POSTRETIREMENT BENEFIT LIAB (1,336,236) PART X, LINE 32 & 33 COLUMN A - RETAINED EARNINGS, ENDOWMENT, ACCUMULATED INCOME OR OTHER FUNDS, AS RESTATED (PER 2010 FILING) 21,696,091 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 CITY EMPLOYEES UNION LOCAL 237 IBT M 140967 ACCRUAL BASIS TEAMSTERS LOCAL 237 WELFARE FUND M 790115 ACCRUAL BASIS TEAMSTERS LOCAL 237 WELFARE FUND P 129540 ACCRUAL BASIS CITY EMPLOYEES UNION LOCAL 237 IBT O 111961 ACCRUAL BASIS TEAMSTERS LOCAL 237 WELFARE FUND O 660576 ACCRUAL BASIS