NORTHERN NEW ENGLAND BENEFIT TRUST: Form 990, tax year 2009
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- Organization
- NORTHERN NEW ENGLAND BENEFIT TRUST (EIN 02-6015031)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-04-12
- IRS object ID
- 201121029349300122
- Schema version
- 2009v1.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-12T16:06:21-05:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Howe Riley & Howe PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 Chestnut Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 031043500 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 026015031 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN NEW ENGLAND BENEFIT TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 6036694771 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4604 | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03108 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID LAUGHTON | Name |
| Title | TRUSTEE | Title |
| Phone | 6036694771 | Phone |
| Date Signed | 2011-04-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LANCE R TURGEON | Name |
| Phone | 6036273838 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAVID LAUGHTON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4604 | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 185966930 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NNEBT.ORG | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1965 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | To partner with its Teamster members and their employers to provide high quality, comprehensive, and cost-effective healthcare benefits for those members and their families and to improve and maintain their quality of life. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 36 | TotalNbrEmployees |
| Total Nbr Volunteers | 4 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 84202407 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 87352516 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -7314159 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1816819 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2140086 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2713428 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 79028334 | TotalRevenuePriorYear |
| Total Revenue Current Year | 91882763 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 81925310 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 82763566 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2844317 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3332226 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7199002 | OtherExpensePriorYear |
| Other Expenses Current Year | 7462378 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 91968629 | TotalExpensesPriorYear |
| Total Expenses Current Year | 93558170 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -12940295 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1675407 | RevenuesLessExpensesCY |
| Total Assets BOY | 90601307 | TotalAssetsBOY |
| Total Assets EOY | 95706754 | TotalAssetsEOY |
| Total Liabilities BOY | 3147896 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7425945 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 87453411 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 88280809 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PARTNER WITH ITS TEAMSTER MEMBERS AND THEIR EMPLOYERS TO PROVIDE HIGH QUALITY, COMPREHENSIVE, AND COST-EFFECTIVE HEALTHCARE BENEFITS FOR THOSE MEMBERS AND THEIR FAMILIES AND TO IMPROVE AND MAINTAIN THEIR QUALITY OF LIFE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | TO PROVIDE HEALTH AND OTHER WELFARE BENEFITS TO ELIGIBLE TEAMSTERS UNION MEMBERS IN THE NORTHERN NEW ENGLAND AREA. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | THE PROGRAM LISTED IN 4A IS THE ONLY PROGRAM OF THE TRUST. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1535 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 36 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Christina Kosha | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6036694771 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 Goffstown Road | AddressLine1 |
| City | MANCHESTER | City |
| State | NH | State |
| ZIP Code | 03108 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| David Laughton | ||||||||
| Trustee | 2.00 | X | X | 0 | 0 | 0 | ||
| Robert Holmes | ||||||||
| Trustee | 2.00 | X | 9225 | 0 | 15250 | |||
| Robert Piccone | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Ronald Rabideau | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| Robert Robichaud | ||||||||
| Trustee | 2.00 | X | 8190 | 0 | 0 | |||
| Dennis McGuire | ||||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |||
| CHRISTINA KOSHA | ||||||||
| COMPTROLLER | 65.00 | X | 97798 | 0 | 35887 | |||
| Daniel Sullivan | ||||||||
| Pharmacy Director | 45.00 | 162544 | 0 | 40741 | X | |||
| Khiem Nguyen | ||||||||
| Pharmacist | 45.00 | 102142 | 0 | 33530 | X | |||
| Lisa Lambert-Dimick | ||||||||
| Pharmacy Manager | 45.00 | 110924 | 0 | 38230 | X | |||
| Dean Domingue | ||||||||
| Pharmacist | 45.00 | 106591 | 0 | 37645 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 597414 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 201283 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Law Offices of Dumont Morris and Burke | |||||
| 14 Beacon Street Ste 300 | Boston | MA | 02108 | Legal Services | 482289 |
| Edgewater Technology | |||||
| 20 Harvard Mill Square | Wakefield | MA | 01880 | Computer Consulting | 220473 |
| Conn Kavanaugh Rosenthal Peisch & Fo | |||||
| Ten Post Office Square | Boston | MA | 02109 | Legal Services | 153655 |
| Nebular Software Systems | |||||
| PO Box 250 | Essex | MA | 01929 | Computer Consulting | 116240 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Employer Contributions | 525100 | 84188479 | 84188479 |
| Employee Contributions | 541300 | 3164037 | 3164037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 87352516 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2398222 | TotalRevenueColumn |
| Exclusion | $2,398,222 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 147154 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 41735 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 105419 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 105419 | TotalRevenueColumn |
| Exclusion | $105,419 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 44856957 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 45438360 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -581403 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -581403 | TotalRevenueColumn |
| Exclusion | -$581,403 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 50817975 | GrossSalesOfInventory |
| Cost Of Goods Sold | 48604072 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2213903 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2213903 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INCOME FROM REAL ESTAT | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 394106 | TotalRevenueColumn |
| Exclusion | $394,106 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 394106 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91882763 | TotalRevenueColumn |
| Related Or Exempt Function Income | 89566419 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,316,344 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82763566 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108415 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1714880 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106850 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1255953 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146128 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658331 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113745 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4000 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340456 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272758 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1030721 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 280392 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178736 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103961 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108684 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130983 | Total |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BENEFIT RELATED ADMINIS | Description |
| Total | 4239611 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93558170 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 123856 | BOY |
| EOY | 168519 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1953110 | BOY |
| EOY | 3046714 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7350338 | BOY |
| EOY | 12273338 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 758666 | BOY |
| EOY | 1060939 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66182 | BOY |
| EOY | 94314 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4562811 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1956584 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2587480 | BOY |
| EOY | 2606227 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71125026 | BOY |
| EOY | 65142100 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3309727 | BOY |
| EOY | 8147992 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3326922 | BOY |
| EOY | 3166611 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90601307 | BOY |
| EOY | 95706754 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2148006 | BOY |
| EOY | 5474995 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 260232 | BOY |
| EOY | 104277 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 739658 | BOY |
| EOY | 1846673 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3147896 | BOY |
| EOY | 7425945 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87453411 | BOY |
| EOY | 88280809 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87453411 | BOY |
| EOY | 88280809 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90601307 | BOY |
| EOY | 95706754 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 47231 | OtherCostOrOtherBasis |
| Book Value | 47231 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1750000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 1647898 | OtherCostOrOtherBasis |
| Depreciation | 1093782 | Depreciation |
| Book Value | 2304116 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 773650 | OtherCostOrOtherBasis |
| Depreciation | 604923 | Depreciation |
| Book Value | 168727 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 344032 | OtherCostOrOtherBasis |
| Depreciation | 257879 | Depreciation |
| Book Value | 86153 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2606227 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Real Estate Investment Funds | Description |
| Book Value | 8147992 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 8147992 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEPOSITS HELD | Description |
| Amount | $1,846,673 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1846673 | TotalOfAmounts |
| Total Revenue | 91882763 | TotalRevenue |
| Total Expenses | 93558170 | TotalExpenses |
| Excess Or Deficit For Year | -1675407 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2502805 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 2502805 | TotalAdjustments |
| Excess Or Deficit Per FS | 827398 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 142690919 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2502805 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 2502805 | RevenueNotRptdF990 |
| Revenue Subtotal | 140188114 | RevenueSubtotal |
| Investment Expenses Not Included | 340456 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -48645807 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -48305351 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 91882763 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 141863521 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 48645807 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 48645807 | ExpensesNotRptdF990 |
| Expenses Subtotal | 93217714 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 340456 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 340456 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 93558170 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | Effective for fiscal years beginning after December 15, 2008, certain changes in accounting standards allow the Trust to recognize the tax benefit from an uncertain tax position if it is more likely than not that the tax position would be sustained upon examination by taxing authorities based on the technical merit of the position. If the Trust takes a tax position that does not meet the criteria for recognition under this standard, the benefit of that position, including potential interest and penalties thereon, must be reflected as a liability in the financial statements until such time as the position meets the criteria for recognition. The recognition criteria may be met through subsequent examination and settlement by the authorities, publication of case law or regulations supporting the position, or expiration of the statute of limitations. Management has determined that the adoption of this standard has no effect on the net assets available for benefits as of September 1, 2009, and as of August 31, 2010, the Trust has not taken any significant tax positions which do not meet the criteria for recognition. The Trust's policy is to report interest and penalty expenses on uncertain tax positions as part of income tax expense. As of August 31, 2010, there were no expenses related to interest or penalties on uncertain tax positions. The Trust's filing for the years ending before August 31, 2007 are no longer subject to examination by Federal taxing authorities. |
| Part XII, Line 4b - Other Adjustments: | RENTAL EXPENSE: -41735. COST OF INVENTORY SOLD: -48604072. | |
| Part XIII, Line 2d - Other Adjustments: | Rental expense: 41735. COST OF INVENTORY SOLD: 48604072. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daniel Sullivan | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 162544 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 40741 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 203285 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | David Laughton | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | David Laughton's spouse, Marcia Laughton, is an employee of the Trust | Relationship |
| Amount Of Transaction | 93415 | AmountOfTransaction |
| Description Of Transaction | Marcia Laughton's wages | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 6 | The Trust has members. | |
| Form 990, Part VI, Section A, line 7a | Article IV, Section 5 of the Indenture of Trust: Employer Trustees shall be elected. Each Employer shall be eligible to vote in such election and may nominate a candidate to stand for election as an Employer Trustee. | |
| Form 990, Part VI, Section B, line 11 | The preparer provides a draft of Form 990 to management for review. Once Form 990 has been approved by management, a draft of Form 990 is emailed to the governing body for their review and approval. | |
| Form 990, Part VI, Section C, line 19 | No documents are made available to the public unless the documents are required to be made available to the public. | |
| Form 990, Part XI, Line 2c | The Trust's Board of Trustees is responsible for the oversighted of the audit. The process has not changed from previous years. | Committee Responsible for the oversight of the audit: |
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