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        <BookValue>129240</BookValue>
      </LeaseholdImprovements>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>114581</OtherCostOrOtherBasis>
        <Depreciation>77297</Depreciation>
        <BookValue>37284</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>166524</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>NET TRADES PENDING SETTLEMENT</Description>
        <Amount>481922</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>BENEFIT OBLIGATIONS CURRENTLY PAYABLE</Description>
        <Amount>52700</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>534622</TotalOfAmounts>
      <TotalRevenue>13938664</TotalRevenue>
      <TotalExpenses>16844484</TotalExpenses>
      <ExcessOrDeficitForYear>-2905820</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>146720</NetUnrealizedGLOnInvestments>
      <OtherAmount>1700</OtherAmount>
      <TotalAdjustments>148420</TotalAdjustments>
      <ExcessOrDeficitPerFS>-2757400</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>14069070</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>146720</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>146720</RevenueNotRptdF990>
      <RevenueSubtotal>13922350</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>16314</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>16314</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>13938664</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>16826470</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>16826470</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>16314</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>1700</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>18014</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>16844484</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XIII, Line 4b</Identifier>
        <ReturnReference>Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S</ReturnReference>
        <Explanation>CHANGE IN PBO CURRENTLY PAYABLE $1700</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XI, Line 8</Identifier>
        <ReturnReference>Part XI, Line 8: Other Changes in Net Assets or Fund Balances</ReturnReference>
        <Explanation>CHANGE IN PBO CURRENTLY PAYABLE $ -0</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="IRS990ScheduleJ" softwareId="10000105" softwareVersion="2010v3.2">
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>JEAN FAIRCHILD</NamePerson>
        <BaseCompensationFilingOrg>139307</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>1750</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>11242</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>11035</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>163334</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>Sch J, Part III, Additional Information</Identifier>
        <ReturnReference>Part III, Additional Information</ReturnReference>
        <Explanation>jean fairchild receives compensation and benefits in her capacity as fund manager of this entity and the related annuity and pension funds. compensation and benefits are paid by the welfare fund with reimbursements made accordingly. the welfare fund poRtion of these expenses is 71% of the gross amount detailed on schedule j, part ii, column (e).</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="IRS990ScheduleL" softwareId="10000105" softwareVersion="2010v3.2">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>SAMANTHA BARAHONA</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>FAMILY MEMBER</Relationship>
        <AmountOfTransaction>60155</AmountOfTransaction>
        <DescriptionOfTransaction>SALARY AND EMPL BENEFITS</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="10000105" softwareVersion="2010v3.2">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO ALL PARTICIPANTS UPON REQUEST; NO DOCUMENTS AVAILABLE TO THE PUBLIC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>AS REQUIRED BY FUND'S POLICY AND BY ERISA, OFFICERS, DIRECTORS AND KEY EMPLOYEES HAVE A CONTINUOUS OBLIGATION TO REPORT POTENTIAL CONFLICT OF INTEREST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>THE FORM 990 WAS PREPARED IN COORDINATION WITH THE FUND MANAGER WHO WORKS FULL TIME FOR THE ORGANIZATION. ONCE COMPLETE, THE FORM WAS PROVIDED TO AND REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR" softwareId="10000105" softwareVersion="2010v3.2">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>RECYCLING &amp; GENL INDUS UN L 108 PE</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>121 EAST 24TH STREET 8TH FLOOR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>100102956</ZIPCode>
        </AddressUS>
        <EIN>136366378</EIN>
        <PrimaryActivities>PROVIDE RETIREMENT BENEFITS TO PARTICIPANTS</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(A)</ExemptCodeSection>
        <PublicCharityStatus>N/A</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>RECYCLING &amp; GENL INDUS UN L 108 AN</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>121 EAST 24TH STREET 8TH FLOOR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>100102956</ZIPCode>
        </AddressUS>
        <EIN>611429515</EIN>
        <PrimaryActivities>PROVIDE RETIREMENT BENEFITS TO PARTICIPANTS</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(A)</ExemptCodeSection>
        <PublicCharityStatus>N/A</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SIMSMETAL EAST LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>ONE LINDEN AVENUE EAST</AddressLine1>
          <City>JERSEY CITY</City>
          <State>NJ</State>
          <ZIPCode>07305</ZIPCode>
        </AddressUS>
        <EIN>208484120</EIN>
        <PrimaryActivity>RECYCLING FERROUS &amp; NON-FERROUS METALS</PrimaryActivity>
        <LegalDomicileState>NJ</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>IESI NY CORP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>1099 WALL ST WEST</AddressLine1>
          <City>LYNDHURST</City>
          <State>NJ</State>
          <ZIPCode>07071</ZIPCode>
        </AddressUS>
        <EIN>133960687</EIN>
        <PrimaryActivity>WASTE REMOVAL SERVICES</PrimaryActivity>
        <LegalDomicileState>NJ</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>true</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>true</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>