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
MICHIGAN CONFERENCE OF TEAMSTERS WELFARE FUND
 
Employer identification number

38-1328578
Identifier Return Reference Explanation
  FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF FINANCIAL SERVICES AND THE EXECUTIVE DIRECTOR REVIEW THE FORM 990 PREPARED BY THE INDEPENDENT AUDITORS. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES BEFORE FILING.
  FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL DISCLOSURE QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD OF TRUSTEES, MCTWF EMPLOYEES, FUND PROFESSIONALS AND VENDORS TO IDENTIFY CIRCUMSTANCES, RELATIONSHIPS AND TRANSACTIONS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. THE QUESTIONNAIRES ARE REVIEWED BY THE HUMAN RESOURCES DIRECTOR, EXECUTIVE DIRECTOR AND LEGAL COUNSEL.
  FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION CONSULTANT IS USED IN ESTABLISHING THE EXECUTIVE DIRECTOR'S COMPENSATION. THERE IS A WRITTEN EMPLOYMENT CONTRACT THAT IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. AN ANNUAL MERIT POOL IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES FOR OTHER SALARIED EMPLOYEES BASED ON A RECOMMENDATION BY THE EXECUTIVE DIRECTOR THAT IS APPROVED BY THE BOARD OF TRUSTEES. INDIVIDUAL MERIT INCREASES ARE DETERMINED BY THE EXECUTIVE DIRECTOR BASED ON PERFOMANCE APPRAISALS.
  FORM 990, PART VI, SECTION C, LINE 19 THE TRUST AGREEMENT IS AVAILABLE ON THE FUND'S WEBSITE. THE AUDITED ANNUAL FINANCIAL STATEMENTS AS PART OF THE FORM 5500 IS AVAILABLE UPON REQUEST.
  FORM 990, PART XII, LINE 2C THE AUDITOR IS RETAINED BY THE BOARD OF TRUSTEES AND, IN ACCORDANCE WITH THE TERMS OF THAT RETENTION, THE AUDITOR IS ACCOUNTABLE TO AND FULLY REPORTS ITS AUDIT FINDINGS TO THE BOARD OF TRUSTEES. THIS PROCESS HAS NOT CHANGED SINCE 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

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