2023-11-15T23:43:47-06:00 2023-01-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2022-02-01 521599698 UMWA BCOA TRAINING AND EDUCATION TRUST % JUDY HENDRICKSON UMWA 7034459630 18354 QUANTICO GATEWAY DRIVE TRIANGLE VA 221721779 JERRY D JONES TRUSTEE 7034459630 2023-11-02 true JERRY D JONES 999009999 RICHARD RUVELSON P00234075 3012726000 2 2022 2023-04-26 12:10:37Z JERRY D JONES 18354 QUANTICO GATEWAY DRIVE TRIANGLE VA 22172 569056 false X www.umwa-bcoa.com X 1988 VA To provide financial assistance for training and education for unemployed UMWA and NBCWA workers and their family members under a collective bargaining agreement. 2 0 0 0 0 0 0 0 0 0 280945 361466 85503 0 366448 361466 0 0 109731 241649 50000 50000 0 0 0 201919 251484 361650 543133 4798 -181667 7116570 6110372 34851 102026 7081719 6008346 X SEE SCHEDULE O false false THE FUND PROVIDED EDUCATION ASSISTANCE TO UNEMPLOYED WORKERS, AND FAMILY DEPENDENTS OF ACTIVE OR UNEMPLOYED WORKERS, IN THE BITUMINOUS COAL INDUSTRY REPRESENTED BY UMWA, TO ASSIST THE INDIVIDUALS IN SECURING EMPLOYMENT OUTSIDE THE INDUSTRY. false false false false false false false false false false false false false true 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 6 0 true 0 false false false false false false false false X 2 0 false false false false false true false true false false false true true true true false true false false false X JUDY HENDRICKSON 7034459630 18354 QUANTICO GATEWAY DRIVE TRIANGLE VA 22172 JERRY D JONES CHAIRMAN/UNION TRUSTEE 5.0 0.0 X 25000 0 0 THOMAS C MEANS EMPLOYER TRUSTEE 5.0 0.0 X 25000 0 0 50000 0 0 0 false false false 0 0 0 140882 140882 0 0 0 0 0 428174 207590 220584 220584 220584 0 0 0 0 0 0 0 0 0 0 361466 361466 X 0 0 0 241649 50000 0 0 0 0 0 0 17590 26000 0 0 28174 70587 0 17642 36000 0 0 0 0 10824 0 0 0 24649 BEN P/R TAX EXPENSE 19930 DUES AND SUBSCRIPTIONS 88 543133 19543 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7486 1665 0 0 7089541 6108707 0 0 0 0 0 0 0 0 7116570 6110372 33979 31855 0 0 872 872 0 0 0 0 0 0 0 0 0 0 0 69299 34851 102026 X 0 0 0 0 7081719 6008346 7081719 6008346 7116570 6110372 X -181667 -914126 22420 X false true X false false 0 CASH OVERDRAFT 69299 69299 X -580834 -914126 -914126 333292 28174 28174 361466 514959 514959 28174 28174 543133 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability if the Fund has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the Fund and concluded that as of January 31, 2023 and 2022 there are no uncertain positions taken or expected to be taken that would require accrual of a liability in the financial statements. The Fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. In addition, there have been no tax related interest or penalties for periods presented in these financial statements. PART III, LINE 1 - ORGANIZATION'S MISSION: THE FUND WAS FORMED EFFECTIVE FEBRUARY 1, 1988, UNDER AN AGREEMENT BETWEEN THE UNITED MINE WORKERS OF AMERICA (UMWA) AND THE BITUMINOUS COAL OPERATORS' ASSOCIATION, INC. (BCOA). THE FUND IS ORGANIZED UNDER SEC.302(C)(6) OF THE LABOR MANAGEMENT RELATIONS ACT OF 1947, AS AMENDED BY THE LABOR MANAGEMENT COOPERATION ACT, TO PROVIDE FINANCIAL ASSISTANCE FOR TRAINING OR EDUCATION FOR UNEMPLOYED WORKERS IN THE BITUMINOUS COAL INDUSTRY REPRESENTED BY THE UMWA WHO HAVE PERFORMED CLASSIFIED WORK UNDER THE NATIONAL BITUMINOUS COAL WAGE AGREEMENT OF 1988 (NBCWA), OR ANY PREDECESSOR THERETO, AND THEIR FAMILY DEPENDENTS, AS SET FORTH IN ARTICLE II, PART E OF THE 1988 NBCWA. SINCE THE 1988 NBCWA AGREEMENT, THE NBCWA HAS BEEN RE-NEGOTITATED BY VARIOUS SUCCESSOR AGREEMENTS, WHICH HAVE EXTENDED THE TERMINATION DATE OF THE FUND. IN 2016, THE UMWA AND THE BCOA NEGOTIATED A SUCCESSOR AGREEMENT (2016 NBCWA) WHICH BECAME EFFECTIVE AUGUST 15, 2016. IN 2021, THE UMWA AND THE BCOA NEGOTIATED THE 2020 NBCWA, WHICH CONTAINS A TERMINATION DATE OF JULY 31, 2025. PART VI, SECTION A, LINE 7A - SELECTION OF TRUSTEES: THE EDUCATION TRUST SHALL BE ADMINISTERED BY A BOARD OF TWO TRUSTEES, ONE OF WHOM SHALL BE APPOINTED BY THE EMPLOYERS, AND ONE OF WHOM SHALL BE APPOINTED BY THE UNION. THE UNION MAY REMOVE THE TRUSTEE APPOINTED BY IT AND THE EMPLOYERS MAY REMOVE THE TRUSTEE APPOINTED BY THEM. IN THE EVENT OF RESIGNATION, DEATH, REMOVAL, INABILITY OR UNWILLINGNESS TO SERVES OF A TRUSTEE, THE PARTY WHO APPOINTED THAT TRUSTEE SHALL APPOINT A SUCCESSOR. THE TWO TRUSTEES SO DESIGNATED SHALL CONSTITUTE THE BOARD OF TRUSTEES TO ADMINISTER THE EDUCATION PLAN AND TRUST. THE TRUSTEE DESIGNATED BY THE UNION SHALL BE THE CHAIRMAN OF THE BOARD OF TRUSTEES. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: THE TRUST HAS NO OTHER COMMITTEE OTHER THAN THE BOARD OF TRUSTEES. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: AN ELECTRONIC COPY OF THE FORM 990 IS SUPPLIED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM ("CPA FIRM"), ENGAGED TO PREPARE THE RETURN, AND FORWARDED TO THE TRUSTEES FOR THEIR JOINT REVIEW. UPON THEIR REVIEW, ANY PROPOSED CHANGES ARE RELAYED BACK TO THE CPA FIRM; WHO UPON THEIR DISCUSSION WITH THE TRUSTEES, MAKE THE NECESSARY PROPOSED CHANGES AGREED UPON AND RESEND THE RETURN FOR FINAL APPROVAL FOR FILING. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY COMPLIANCE: The Fund is maintained and administered in accordance with ERISA Sections 404 and 406 and the Fund's conflict of interest policy is set forth in ERISA Sections 404 and 406. The Board of Trustees monitors and enforces the Fund's compliance with ERISA, with the assistance of the Fund's professionals. PART VI, SECTION C, PART 19 - AVAILABILITY OF GOVERNING DOCUMENTS AND F/S: THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC; HOWEVER, THEY ARE FURNISHED UPON REQUEST TO CONTRIBUTING EMPLOYERS, PARTICIPANTS AND BENEFICIARIES. PART XI, LINE 9 - OTHER CHANGE IN NET ASSETS: $22,420 INCREASE DUE TO PRIOR YEAR FINANCIALS OTHER INCOME ADJUSTED AFTER FILING OF FORM 990. FORM 990 PART IX LINE 11G DESCRIPTION:ADMINISTRATION FEES TOTAL FEES:70587 UNITED MINE WORKERS OF AMERICA 18354 QUANTICO GATEWAY STE 200 TRIANGLE VA 22172 530159200 LABOR ORG VA 501(C)(5) false BITUMINOUS COAL OPERATORS ASSOCIATION 1176 I STREET NW STE 255 WASHINGTON DC 20006 520906130 TRADE ASSOC DC 501(C)(6) false board of trustees umwa-bcoa training 18354 quantico gateway drive triangle VA 22172 521599698 MANAGEMENT DC false false false false false false false false false false false false false false true false true false false false