2011-11-11T14:36:49-06:00 2010-12-31 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT SUITE 500 AUBURN HILLS MI 48326 990 2010-01-01 830430487 ORMET CORPORATION HOURLY RETIREE BENEFIT TRUST ORME 7404832641 STATE ROUTE 7 BOX 176 HANNIBAL OH 43931 TOM R NOTARO 7404832641 2011-11-10 1 LYNNE M HUISMANN 2483757100 2010 2016-02-24 21:20:13Z TOM R NOTARO STATE ROUTE 7 BOX 176 HANNIBAL OH 43931 14499950 0 X N/A X 2005 OH PAYMENT OF CERTAIN WELFARE BENEFITS PURSUANT TO A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION. 1 1 0 0 0 0 0 0 11651398 13790298 94829 709652 0 0 11746227 14499950 0 0 7039805 7980321 0 0 0 0 0 54312 112006 7094117 8092327 4652110 6407623 23517626 31801493 0 0 23517626 31801493 THE PRIMARY EXEMPT PURPOSE FOR THIS VOLUNTARY EMPLOYEES' BENFICIARY ASSOCIATION (VEBA) DURING THE YEAR WAS THE PAYMENT OF SICK, ACCIDENT, OR OTHER BENEFITS TO THE PARTICIPANTS, THEIR DEPENDENTS, OR DESIGNATED BENEFICIARIES. 0 0 VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION WHICH PROVIDES HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 2,279 PARTICIPANTS. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 0 1 0 0 0 0 0 0 0 0 0 X 1 1 0 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 X TOM R NOTARO 7404832641 STATE ROUTE 7 PO BOX 176 HANNIBAL OH 43931 PNC BANK NA 1.00 X 0 52133 0 0 52133 0 0 0 0 0 0 EMPLOYER CONTRIBUTIONS 900099 10467247 10467247 EMPLOYEE CONTRIBUTIONS 900099 3323051 3323051 13790298 496713 496713 212939 212939 212939 212939 14499950 13790298 0 709652 7980321 10448 30000 71045 MISCELLANEOUS EXPENSES 513 8092327 45227 153414 23472399 31648079 23517626 31801493 0 0 X 23517626 31801493 0 0 0 0 23517626 31801493 23517626 31801493 X 6407623 1876244 X X 0 1 0 X 0 0 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE TRUST ESTABLISHED UNDER THE PLAN IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC); ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE TRUST OBTAINED AN EXEMPTION LETTER DATED OCTOBER 31, 2006 FROM THE INTERNAL REVENUE SERVICE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION CHANGED THE COMPOSITION AND APPOINTMENT OF THE TRUSTEE FROM INDIVIDUAL TRUSTEES TO AN INSTITUTIONAL TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS A VEBA COMMITTEE THAT CAN ELECT OR APPOINT MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE VEBA COMMITTEE HAS THE POWER TO APPROVE CERTAIN DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 TOM R. NOTARO, A COMMITTEE MEMBER, REVIEWED THE FORM 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION C, LINE 19 NONE OF THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,876,244. AUDITED FINANCIAL STATEMENTS: FORM 990, PART IV, LINE 12: ORMET CORPORATION HOURLY RETIREE BENEFIT TRUST RECEIVES AN AUDIT AS PART OF THE ORMET CORPORATION HOURLY RETIREE GROUP BENEFIT PLAN AND THE PLAN PREPARES ITS FINANCIAL STATEMENTS ON THE CASH BASIS OF ACCOUNTING. POLICIES: FORM 990, PART VI, SECTION B: THE VEBA IS GOVERNED BY A TRUST DOCUMENT. THE PROVISIONS OF THE TRUST CONTROL ITS OPERATIONS AND NONE OF THESE POLICIES ARE DEEMED NECESSARY. ORMET CORPORATION PO BOX 176 HANNIBAL OH 43931 311292006 MANUFACTURING DE N/A C 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ORMET CORPORATION C 10467247 CASH RECEIVED