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        <ContributorUSAddress>
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          <AddressLine2>RESTRICTED</AddressLine2>
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        <ExplanationTxt>THE POLICY IS PUBLICIZED ON THE WEBSITE OF THE IUPAT DISTRICT COUNCIL 1M AT HTTPS://IUPATDC1MICHIGAN.ORG/CAREER/. OUR APPRENTICESHIP AND TRAINING STANDARDS WHICH HAVE BEEN APPROVED BY THE DOL CONTAINS THIS POLICY AS WELL AS THE BROCHURES THAT ARE USED AT CAREER FAIRS FOR RECRUITING PURPOSES.</ExplanationTxt>
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        <ExplanationTxt>COMPENSATION OF THE FUND ADMINISTRATOR IS PAID BY A RELATED ORGANIZATION, PAINTERS UNION INSURANCE FUND. COMPENSATION IS DETERMINED USING SALARIES REPORTED ON FORM 990 OF COMPARABLE FUNDS, AND IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>FORM 990 IS REVIEWED BY FUND ADMINISTRATOR, AND IS THEN DISTRIBUTED TO THE FULL BOARD OF TRUSTEES BEFORE BEING FILED.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>KEY EMPLOYEES RECEIVE ANNUAL COUNSELING REGARDING THE PROHIBITION OF CONFLICTS OF INTEREST, THE DEFINITION OF WHAT CONSTITUTES A CONFLICT OF INTEREST, THE PROCEDURES TO FOLLOW IF A CONCERN ARISES, AND THE REMEDIES AVAILABLE TO THE BOARD OF TRUSTEES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ADMINISTRATOR'S SALARY IS PAID BY A RELATED ORGANIZATION, PAINTERS UNION INSURANCE FUND. THE BOARD OF TRUSTEES PAINTERS UNION INSURANCE FUND DETERMINES THE ADMINISTRATOR'S SALARY BASED ON A NUMBER OF FACTORS, INCLUDING THE REVIEW OF 990S COMPARABLE TO THE PAINTERS UNION INSURANCE FUND AND RELATED FUNDS OBTAINED BY THE CHAIRMAN. ADDITIONALLY, OTHER FACTORS CONSIDERED IN THE DETERMINATION OF COMPENSATION INCLUDE PREVIOUS COMPENSATION ADJUSTMENT, THE LENGTH OF TIME SINCE THE LAST COMPENSATION ADJUSTMENT, AND PERFORMANCE IN THE ROLE. THIS INFORMATION IS DISCUSSED AT THE MEETING OF THE BOARD OF TRUSTEES WHILE THE ADMINISTRATOR IS EXCUSED DURING THIS TIME. THE BOARD DETERMINES WHETHER A COMPENSATION INCREASE IS WARRANTED AND IF AGREED UPON BY THE FULL BOARD, A PERCENTAGE INCREASE IS SET. THE ADMINISTRATOR IS SUBSEQUENTLY BROUGHT BACK INTO THE MEETING AND THE DECISION IS RELAYED. THE BOARD MAKES A MOTION. THE PROCESS AND DETERMINATION IS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART I AND PART X PRIOR YEAR AMOUNTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>PRIOR YEAR REVENUES AND EXPENSES, AS WELL AS THE BEGINNING-OF-YEAR BALANCE SHEET, HAVE BEEN UPDATED TO REFLECT CHANGES MADE TO THE 2023 FINANCIAL STATEMENTS, WHICH ARE CURRENTLY IN PROCESS OF BEING AUDITED AND WERE NOT FINALIZED AT THE TIME THE 2023 FORM 990 WAS FILED.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION ARE NOT FINALIZED AT THE TIME OF FILING HOWEVER THE AUDIT IS UNDERWAY AND WILL BE COMPLETED AFTER THE FORM 990 IS FILED. AS SUCH, QUESTIONS ON FORM 990, PART XII ARE ANSWERED TO INDICATE THAT THE ORGANIZATION WILL HAVE AUDITED FINANCIAL STATEMENTS AVAILABLE FOR THE YEAR ENDING MAY 31, 2025.</ExplanationTxt>
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</Return>