2024-04-15T07:28:16-00:00 2023-05-31 990291480 WACHI & WATANABE CPA INC 201 MERCHANT ST STE 2350 HONOLULU HI 96813 990 2022-06-01 996046220 LOCAL 665 IATSE HEALTH & WELFARE PLAN LOCA 8085092990 560 NORTH NIMITZ HIGHWAY STE 209 HONOLULU HI 96817 ALLAN OMO UNION TRUSTEE 8085092990 2024-04-15 true ALLAN OMO XXX-XX-XXXX SHARI K NAKAMURA P01773417 8085364444 2024-04-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALLAN OMO 560 NORTH NIMITZ HIGHWAY STE 209 HONOLULU HI 96817 25501337 false X X 1983 HI TO PROVIDE HEALTH WELFARE BENEFITS TO PARTICIPANTS SATISFYING CERTAIN ELIGIBILITY REQUIREMENTS. 6 6 0 0 0 7936449 9399232 432611 363473 9632 196 8378692 9762901 0 5252649 5389793 0 0 0 131616 127867 5384265 5517660 2994427 4245241 15713628 19697472 3956 1324 15709672 19696148 TO PROVIDE VARIOUS HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. false false 5063235 TO PROVIDE MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS. 283119 TO PROVIDE DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS. 43439 TO PROVIDE VISION AND LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS. 5389793 false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 true 0 false false false false false false false false false X 6 6 false false false false false false false true true true false false true true true true true false false false HI X BENEFIT & RISK MANAGEMENT SERVICES INC 8085902990 560 NORTH NIMITZ HIGHWAY SUITE 209 HONOLULU HI 96817 X X DAVE MOSS EMPLOYER TRUSTEE 000.50 X 0 0 0 JACK SCHNEIDER EMPLOYER TRUSTEE 000.50 X 0 0 0 GORDON SVEC EMPLOYER TRUSTEE 000.50 X 0 0 0 ALLAN OMO UNION TRUSTEE CHAIRMAN 000.50 X 0 0 0 HENRY FORDHAM UNION TRUSTEE 000.50 X 0 0 0 IRISH BARBER UNION TRUSTEE 000.50 X 0 0 0 false false false EMPLOYERS CONTRIBUTION 900099 9368337 9368337 EMPLOYEES CONTRIBUTION 900099 30895 30895 9399232 604319 604319 15497590 15738436 -240846 -240846 -240846 OTHER INCOME 900001 196 196 196 9762901 9399232 363669 0 0 0 5389793 5389793 0 0 0 0 0 0 50487 50487 14737 14737 22618 22618 0 21203 21203 0 0 5559 5559 0 0 0 0 0 1284 1284 0 0 0 6796 6796 CONSULTING FEES 5183 5183 0 5517660 5389793 127867 84692 53473 541984 813470 15086952 18830529 15713628 19697472 3956 1324 3956 1324 X 15709672 19696148 15709672 19696148 15713628 19697472 4245241 -258765 X X false true X true false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 9482933 -258765 -258765 9741698 21203 21203 9762901 5496457 5496457 21203 21203 5517660 X 2 THE AUDITED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING DISCLOSURE PERTAINING TO FIN 48 ASC 740 THE TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE IRS DATED SEPTEMBER 19, 1988, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501C9 OF THE INTERNAL REVENUE CODE IRC. HOWEVER, AS A RESULT OF THE PLANS FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN THE PLAN YEARS ENDED MAY 31, 2023 AND 2022 FOR UNRELATED BUSINESS TAXABLE INCOME.IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT.ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY OR ASSET IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. Form 990, Part VI, Section B, Line 11B ALL DOCUMENTS ARE REVIEWED BY MANAGEMENT TRUSTEE AND LABOR TRUSTEE REPRESENTATIVES PRIOR TO SIGNING AND FILING. Form 990, Part VI, Section B, Line 12C LEGAL COUNSEL AND BOARD OF TRUSTEES REVIEW POLICY ANNUALLY. Form 990, Part VI, Section C, Line 19 POLICIES ARE MADE AVAILABLE TO PUBLIC UPON REQUEST. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VII, Section A, Line 1A THE ORGANIZATION WAS UNABLE TO OBTAIN OR ESTIMATE AND REPORT THE COMPENSATION FROM INDIVIDUALS OF RELATED ORGANIZATIONSAFTER MAKING REASONABLE EFFORT TO SECURE SUCH INFORMATION. Form 990, Part XII, Line 2C NO CHANGE IN REVIEW PROCESS FROM PRIOR YEAR. BOARD OF TRUSTEE SELECTS AN INDEPENDENT AUDITOR. ADMINISTRATOR AND MANAGEMENT AND UNION TRUSTEE REPRESENTATIVE REVIEW AND APPROVE THE FINANCIAL STATEMENTS. LOCAL 665 IATSE ANNUITY PLAN 560 NORTH NIMITZ HIGHWAY STE 209 HONOLULU HI 96817 990228395 Provide annuity benefits to eligible participants HI 403B N/A false false false false false false false false false false false false false false false false false false false false Part II THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER PLAN THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE WITH TERMS SET FORTH IN THE TRUST AGREEMENT, RULES, AND REGULATIONS OF THE PLAN AND COLLECTIVE BARGAINING AGREEMENTS. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF CONTRIBUTING EMPLOYERS INCLUDING THE NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. HOWEVER, THE LEGAL STRUCTURE CORPORATION, PARTNERSHIP, ETC. FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE CONTRIBUTING EMPLOYERS COULD NOT BE SEPARATED BY TYPE OF ORGAINIZATION. HOWEVER, THEY ARE LISTED BELOW IN THE ATTACHMENT. Part III SEE ABOVE FOR DESCRIPTION OF SUPPLEMENTAL INFORMATION REGARDING PART III. Part IV SEE ABOVE FOR DESCRIPTION OF SUPPLEMENTAL INFORMATION REGARDING PART IV.