SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2012
Open to Public
Inspection
Name of the organization
HRSA-ILA FRINGE BENEFIT ESCROW FUND
 
Employer identification number

54-1218271
Identifier Return Reference Explanation
  FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS NO STOCKHOLDERS, BUT MEMBER-EMPLOYERS OF THE HAMPTON ROADS SHIPPING ASSOCIATION (HRSA) AND MEMBERS OF THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION (ILA) SPONSOR THE FUND.
  FORM 990, PART VI, SECTION A, LINE 7A MEMBER-EMPLOYERS OF THE HAMPTON ROADS SHIPPING ASSOCIATION (HRSA), WHICH ARE THE EMPLOYER COMPANIES IN THIS PORT, ELECT THE 7 MANAGEMENT TRUSTEES ON THE FUND'S GOVERNING BOARD. MEMBERS OF THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION (ILA) / HAMPTON ROADS DISTRICT COUNCIL, WHICH ARE UNION LOCAL SPONSORS, ELECT THE 7 LABOR TRUSTEES ON THE FUND'S GOVERNING BOARD.
  FORM 990, PART VI, SECTION B, LINE 11 FORM 990 DRAFTS ARE SENT TO THE MEETING OF THE BOARD OF TRUSTEES FOR REVIEW AND QUESTIONS PRIOR TO FINAL SIGNATURE. IF THE TIMING IS SUCH THAT THE RETURNS MUST BE SIGNED PRIOR TO THE NEXT MEETING OF THE BOARD OF TRUSTEES, COPIES WILL BE SENT TO BOARD MEMBERS VIA EMAIL.
  FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH MEMBER OF THE HRSA-ILA BOARD OF TRUSTEES MUST REAFFIRM COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND SIGN A LETTER TO THAT EFFECT.
  FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES INCLUDES: A COMPENSATION STUDY, AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY, AND APPROVAL BY THE BOARD OF TRUSTEES.
  FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY IS DISCLOSED IN THE ANNUAL SAR, AND THE DOCUMENTS ARE MADE AVAILABLE AT THE FUND OFFICE UPON REQUEST BY ANY PARTICIPANT.
CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: TRANSFER TO HRSA-ILA WELFARE FUND -3,003,150. TRANSFER TO HRSA-ILA VACATION & HOLIDAY FUND -14,312,368.
THE PROCESS FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS: FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2012

Additional Data


Software ID:  
Software Version: