2025-04-16T14:15:54-05:00 2024-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2024-01-01 521569286 LABORERS' HEALTH AND SAFETY FUND OF NORTH AMERICA LABO 2026285465 905 16TH STREET NW 2ND FL WASHINGTON DC 20006 BRENT BOOKER CO-CHAIRMAN 2026285465 2025-04-16 1 1 JAMES POULOS P01508663 2023319880 2025-04-16 2024 2025-03-06 01:10:19Z LISA M SABITONI 905 16TH STREET NW 2ND FL WASHINGTON DC 20006 15080281 0 X WWW.LHSFNA.ORG X 1988 DC SEE SCHEDULE O. 16 13 46 0 0 0 0 0 6528370 7383985 892182 1019019 2979969 3111195 10400521 11514199 109601 234594 0 0 7578186 7928529 0 0 0 2784400 2860539 10472187 11023662 -71666 490537 13533529 13895265 546180 496315 12987349 13398950 X SEE SCHEDULE O 0 0 SEE SCHEDULE O 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 25 0 1 46 0 0 1 CA 0 0 0 0 0 0 X 16 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X MAREN KENCH 2026285465 905 16TH STREET NW 2ND FLOOR WASHINGTON DC 20006 BRENT BOOKER CO-CHAIRMAN 4.00 X X 0 0 0 DAVID F RAMPONE CO-CHAIRMAN 4.00 X X 0 0 0 MICHAEL F SABITONI TRUSTEE 2.00 X 0 0 0 DENNIS L MARTIRE TRUSTEE 2.00 X 0 0 0 TERRENCE M HEALY TRUSTEE 2.00 X 0 0 0 JOSEPH S MANCINELLI TRUSTEE 2.00 X 0 0 0 ROBERT F ABBOTT TRUSTEE 2.00 X 0 0 0 MICHAEL E HELLSTROM TRUSTEE 2.00 X 0 0 0 ERNESTO J ORDONEZ TRUSTEE 2.00 X 0 0 0 JAMES P PIAZZA JR TRUSTEE 2.00 X 0 0 0 WILLIAM V KOPONEN TRUSTEE 2.00 X 0 0 0 TONY FANELLI TRUSTEE 2.00 X 0 0 0 THOMAS W ENSMINGER TRUSTEE 2.00 X 0 0 0 SAMUEL LYON TRUSTEE 2.00 X 0 0 0 KENNETH J RUETER TRUSTEE 2.00 X 0 0 0 EARL R HALL TRUSTEE 2.00 X 0 0 0 LISA SABITONI EXECUTIVE DIRECTOR 40.00 X 326600 0 78477 MAREN KENCH DIRECTOR, ACCOUNTING 40.00 X 236148 0 89905 JOHN MANDARINO DIRECTOR, CANADIAN TRI-FUND 40.00 X 280395 0 56668 JAMIE BECKER DIRECTOR, HEALTH PROMOTION 40.00 X 234190 0 89376 TRAVIS PARSONS DIRECTOR, OCCUPATIONAL SAFETY & HEALTH 40.00 X 233666 0 89374 PATRICK SORCE FIELD COORDINATOR 40.00 X 228151 0 48158 ANTHONY PRIMERANO FIELD COORDINATOR 40.00 X 226751 0 43274 1765901 0 495232 24 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 7383985 7383985 7383985 420007 420007 4165094 3566082 599012 599012 599012 REIMBURSED EXPENSES 900099 2942945 2942945 168250 168250 3111195 11514199 10326930 0 1187269 198472 36122 731130 4218806 1414062 1257329 307202 1196 34998 45629 205871 18104 720410 686658 284615 54225 96105 74967 PROGRAM SUPPLIES 495665 PRINTING AND PUBLICATIO 142096 11023662 200 200 1198024 1403566 277337 88692 1365362 1160379 267912 204983 11790056 12197824 13533529 13895265 546180 496315 546180 496315 X 12987349 13398950 12987349 13398950 13533529 13895265 X 490537 -65540 -13396 X X 0 1 X 1 0 577602 436285 141317 746529 714813 31716 41231 9281 31950 204983 X 11403030 -65540 -65540 11468570 45629 45629 11514199 10978033 0 10978033 45629 45629 11023662 PART X, LINE 2: THE FUND ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FUND PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2024, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2021 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE DISTRICT OF COLUMBIA. IT IS THE FUND'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN UNRELATED BUSINESS INCOME TAX EXPENSE. NORTH AMERICA 1 5 PROGRAM SERVICES SAME AS PROGRAM SERVICES PROVIDED IN THE US. SEE MISSION STATEMENT 1712103 NORTH AMERICA 1 5 GRANTS TO RECIPIENTS IN REGION 36122 2 10 0 0 2 10 1748225 0 1748225 0 0 0 0 0 0 1 TERENCE J O'SULLIVAN LIUNA CHARITABLE FOUNDATION 905-16TH STREET NW WASHINGTON DC 20006 331082848 501(C)(5) 15000 0 CHARITABLE SUPPORT JOHNS HOPKINS MEDICINE 750 EAST PRATT STREET 7TH FLOOR BALTIMORE MD 21202 520595110 501(C)(3) 10000 0 KIMMEL CANCER CENTER JOHNS HOPKINS UNIVERSITY 1101 E 33RD STREET B001 BALTIMORE MD 21218 520595110 501(C)(3) 149972 0 PAIN MANAGEMENT STUDY 2 1 PART I, LINE 2: N/A FORM 990, PART IX, LINE 21 WE ARE NOT A GRANT MAKING ORGANIZATION. X 1 1 X X 0 0 0 LISA SABITONI EXECUTIVE DIRECTOR 303283 0 0 0 23317 0 60897 0 17580 0 405077 0 0 0 JOHN MANDARINO DIRECTOR, CANADIAN TRI-FUND 273959 0 0 0 6436 0 41094 0 15574 0 337063 0 0 0 MAREN KENCH DIRECTOR, ACCOUNTING 229027 0 0 0 7121 0 46045 0 43860 0 326053 0 0 0 JAMIE BECKER DIRECTOR, HEALTH PROMOTION 226500 0 0 0 7690 0 45540 0 43836 0 323566 0 0 0 TRAVIS PARSONS DIRECTOR, OCCUPATIONAL SAFETY & HEAL 226489 0 0 0 7177 0 45538 0 43836 0 323040 0 0 0 PATRICK SORCE FIELD COORDINATOR 221294 0 0 0 6857 0 33194 0 14964 0 276309 0 0 0 ANTHONY PRIMERANO FIELD COORDINATOR 221294 0 0 0 5457 0 33194 0 10080 0 270025 0 0 0 PART I, LINE 1A IN ACCORDANCE WITH THE FUND'S TRAVEL POLICY, LHSFNA TRUSTEES AND EXECUTIVE STAFF ARE AUTHORIZED TO TRAVEL FIRST CLASS. PATRICK HEALY FAMILY MEMBER OF TERRENCE HEALY, A MEMBER OF THE BOARD OF TRUSTEES 34500 TAXABLE COMPENSATION PAID DURING THE YEAR OF $30,000, PLUS NONTAXABLE FRINGE BENEFITS OF $4,500. 0 PATRICK SORCE FAMILY MEMBER OF JOSEPH MANCINELLI, A MEMBER OF THE BOARD OF TRUSTEES 276334 TAXABLE COMPENSATION PAID DURING THE YEAR OF $228,151, PLUS NONTAXABLE FRINGE BENEFITS OF $48,183. 0 ANTHONY PRIMERANO FAMILY MEMBER OF JOSEPH MANCINELLI, A MEMBER OF THE BOARD OF TRUSTEES 270050 TAXABLE COMPENSATION PAID DURING THE YEAR OF $226,751, PLUS NONTAXABLE FRINGE BENEFITS OF $43,299. 0 LISA SABITONI FAMILY MEMBER OF MICHAEL F. SABITONI, A MEMBER OF THE BOARD OF TRUSTEES 405831 TAXABLE COMPENSATION PAID DURING THE YEAR OF $326,600, PLUS NONTAXABLE FRINGE BENEFITS OF $79,231. 0 FORM 990 PART I, LINE 1: ORGANIZATION'S MISSION THE GENERAL PURPOSES AND OBJECTS OF THE FUND SHALL BE AS FOLLOWS: A) TO PROMOTE IMPROVED HEALTH AND SAFETY FOR EMPLOYEES, RETIREES, AND THEIR FAMILIES; B) TO IDENTIFY, RESEARCH, COLLECT AND DISTRIBUTE INFORMATION ABOUT THE HEALTH AND SAFETY RISKS AND STATUS OF EMPLOYEES, RETIREES, AND THEIR FAMILIES, AND ABOUT THE EFFECTIVENESS OF MEASURES TO PROTECT AND IMPROVE THE HEALTH AND SAFETY OF EMPLOYEES AND THEIR FAMILIES; C) TO DEVELOP AND PROMOTE PROGRAMS TO PREVENT OR MINIMIZE DISEASE, INJURY AND PREMATURE DEATH AMONG EMPLOYEES, RETIREES, AND THEIR FAMILIES; D) TO PROMOTE EDUCATION OF EMPLOYEES, RETIREES, AND THEIR FAMILIES ABOUT HEALTH AND SAFETY ISSUES AND PROGRAMS; E) TO DEVELOP AND PROMOTE IMPROVEMENTS IN THE DELIVERY OF HEALTH CARE SERVICES FOR EMPLOYEES, RETIREES, AND THEIR FAMILIES BY HEALTH CARE PROVIDERS AND HEALTH PLANS; F) TO PROMOTE THE EFFICIENT AND EFFECTIVE USE OF AVAILABLE HEALTH CARE PROGRAMS BY EMPLOYEES, RETIREES, AND THEIR FAMILIES; G) TO PROMOTE THE DEVELOPMENT, ADOPTION AND IMPROVEMENT OF HEALTH AND SAFETY PROGRAMS FOR EMPLOYEES, RETIREES, AND THEIR FAMILIES BY EMPLOYEE BENEFIT PLANS, LIUNA, LIUNA AFFILIATES, EMPLOYERS, GOVERNMENTS, AND OTHER ORGANIZATIONS; H) TO FACILITATE THE FLOW OF INFORMATION AND COOPERATION AMONG EMPLOYEE BENEFIT PLANS COVERING EMPLOYEES, RETIREES, AND THEIR FAMILIES; I) TO DEVELOP AND DISTRIBUTE INFORMATION, MATERIALS, PROGRAMS, GOODS AND SERVICES CONCERNING HEALTH AND SAFETY ISSUES AFFECTING EMPLOYEES, RETIREES, AND THEIR FAMILIES; J) TO PROMOTE COMMUNICATION AND COOPERATION AMONG LIUNA, ITS AFFILIATES, EMPLOYERS AND GOVERNMENTAL BODIES CONCERNING HEALTH AND SAFETY ISSUES; K) TO DEVELOP AND PROMOTE HEALTH AND SAFETY RECORD-KEEPING AND NOTIFICATION SYSTEMS FOR EMPLOYEES, AND THEIR FAMILIES; L) TO PROMOTE THE FUND AND ITS PROGRAMS TO LIUNA, LIUNA AFFILIATES, EMPLOYEE BENEFIT PLANS, EMPLOYERS, GOVERNMENTS, OTHER ORGANIZATIONS, AND THE GENERAL PUBLIC; M) TO ADVISE GOVERNMENTAL BODIES AND OFFICIALS ABOUT HEALTH AND SAFETY MATTERS THAT AFFECT OR MAY AFFECT EMPLOYEES, RETIREES, AND THEIR FAMILIES; N) TO COOPERATE WITH HEALTH CARE INSTITUTIONS, GOVERNMENTAL BODIES AND OTHER PRIVATE AND PUBLIC ORGANIZATIONS THAT SHARE THE CONCERNS OF THE FUND; O) TO SOLICIT AND OBTAIN FINANCING FOR THE FUND FROM ANY AND ALL LAWFUL SOURCES CONSISTENT WITH THE FUND'S TAX-EXEMPT STATUS AND APPLICABLE LAW, INCLUDING EMPLOYERS, EMPLOYER ASSOCIATIONS, EMPLOYEE BENEFIT PLANS, EMPLOYEES, LIUNA, LIUNA AFFILIATES, LIUNA-SPONSORED ORGANIZATIONS, FOUNDATIONS, GOVERNMENTAL BODIES, AND THE GENERAL PUBLIC; AND P) TO OTHERWISE IMPLEMENT THE PURPOSES AND PROVISIONS OF SECTION 6(B) OF THE U.S. LABOR MANAGEMENT COOPERATION ACT OF 1978 (PUBLIC LAW 95-524) AND OF COMPARABLE PROVISIONS OF CANADIAN FEDERAL AND PROVINCIAL LAW THAT ARE NOT INCONSISTENT WITH THE FUND'S U.S. TAX-EXEMPT STATUS AND OTHER APPLICABLE U.S. LAWS. FORM 990 PART III, LINE 1: ORGANIZATION'S MISSION THE GENERAL PURPOSES AND OBJECTS OF THE FUND SHALL BE AS FOLLOWS: A) TO PROMOTE IMPROVED HEALTH AND SAFETY FOR EMPLOYEES, RETIREES, AND THEIR FAMILIES; B) TO IDENTIFY, RESEARCH, COLLECT AND DISTRIBUTE INFORMATION ABOUT THE HEALTH AND SAFETY RISKS AND STATUS OF EMPLOYEES, RETIREES, AND THEIR FAMILIES, AND ABOUT THE EFFECTIVENESS OF MEASURES TO PROTECT AND IMPROVE THE HEALTH AND SAFETY OF EMPLOYEES AND THEIR FAMILIES; C) TO DEVELOP AND PROMOTE PROGRAMS TO PREVENT OR MINIMIZE DISEASE, INJURY AND PREMATURE DEATH AMONG EMPLOYEES, RETIREES, AND THEIR FAMILIES; D) TO PROMOTE EDUCATION OF EMPLOYEES, RETIREES, AND THEIR FAMILIES ABOUT HEALTH AND SAFETY ISSUES AND PROGRAMS; E) TO DEVELOP AND PROMOTE IMPROVEMENTS IN THE DELIVERY OF HEALTH CARE SERVICES FOR EMPLOYEES, RETIREES, AND THEIR FAMILIES BY HEALTH CARE PROVIDERS AND HEALTH PLANS; F) TO PROMOTE THE EFFICIENT AND EFFECTIVE USE OF AVAILABLE HEALTH CARE PROGRAMS BY EMPLOYEES, RETIREES, AND THEIR FAMILIES; G) TO PROMOTE THE DEVELOPMENT, ADOPTION AND IMPROVEMENT OF HEALTH AND SAFETY PROGRAMS FOR EMPLOYEES, RETIREES, AND THEIR FAMILIES BY EMPLOYEE BENEFIT PLANS, LIUNA, LIUNA AFFILIATES, EMPLOYERS, GOVERNMENTS, AND OTHER ORGANIZATIONS; H) TO FACILITATE THE FLOW OF INFORMATION AND COOPERATION AMONG EMPLOYEE BENEFIT PLANS COVERING EMPLOYEES, RETIREES, AND THEIR FAMILIES; I) TO DEVELOP AND DISTRIBUTE INFORMATION, MATERIALS, PROGRAMS, GOODS AND SERVICES CONCERNING HEALTH AND SAFETY ISSUES AFFECTING EMPLOYEES, RETIREES, AND THEIR FAMILIES; J) TO PROMOTE COMMUNICATION AND COOPERATION AMONG LIUNA, ITS AFFILIATES, EMPLOYERS AND GOVERNMENTAL BODIES CONCERNING HEALTH AND SAFETY ISSUES; K) TO DEVELOP AND PROMOTE HEALTH AND SAFETY RECORD-KEEPING AND NOTIFICATION SYSTEMS FOR EMPLOYEES, AND THEIR FAMILIES; L) TO PROMOTE THE FUND AND ITS PROGRAMS TO LIUNA, LIUNA AFFILIATES, EMPLOYEE BENEFIT PLANS, EMPLOYERS, GOVERNMENTS, OTHER ORGANIZATION, AND THE GENERAL PUBLIC; M) TO ADVISE GOVERNMENTAL BODIES AND OFFICIALS ABOUT HEALTH AND SAFETY MATTERS THAT AFFECT OR MAY AFFECT EMPLOYEES, RETIREES, AND THEIR FAMILIES; N) TO COOPERATE WITH HEALTH CARE INSTITUTIONS, GOVERNMENTAL BODIES AND OTHER PRIVATE AND PUBLIC ORGANIZATIONS THAT SHARE THE CONCERNS OF THE FUND; O) TO SOLICIT AND OBTAINING FINANCING FOR THE FUND FROM ANY AND ALL LAWFUL SOURCES CONSISTENT WITH THE FUND'S TAX-EXEMPT STATUS AND APPLICABLE LAW, INCLUDING EMPLOYERS, EMPLOYER ASSOCIATIONS, EMPLOYEE BENEFIT PLANS, EMPLOYEES, LIUNA, LIUNA AFFILIATES, LIUNA-SPONSORED ORGANIZATIONS, FOUNDATIONS, GOVERNMENTAL BODIES, AND THE GENERAL PUBLIC; AND P) TO OTHERWISE IMPLEMENT THE PURPOSES AND PROVISIONS OF SECTION 6(B) OF THE U.S. LABOR MANAGEMENT COOPERATION ACT OF 1978 (PUBLIC LAW 95-5 FORM 990, PART III, LINE 4: PROGRAM SERVICES 1. THE SAFETY & HEALTH PROGRAM ENGAGED IN THE FOLLOWING ACTIVITIES: CONDUCTED ON-SITE SAFETY AUDITS AND EVALUATIONS AND IDENTIFIED OTHER POTENTIAL AREAS FOR ASSISTANCE. WROTE WORKSITE AND COMPANY-SPECIFIC SAFETY PROGRAMS, INCLUDING REVIEW AND CONFIRMATION OF TOXICOLOGY DATA. DEVELOPED A VARIETY OF EDUCATIONAL MATERIALS RELATED TO KEY CONSTRUCTION SAFETY ISSUES, INCLUDING FALL PREVENTION, WORK ZONE SAFETY, SILICA, HEAT ILLNESS PREVENTION, NOISE, BODILY INJURY, ASBESTOS AND DEMOLITION, AMONG OTHERS. ESTABLISHED A PROGRAM TO DISTRIBUTE THESE MATERIALS TO LIUNA SIGNATORY CONTRACTORS. DEVELOPED VIDEO CONTENT TO EDUCATE LIUNA SIGNATORY CONTRACTORS AND LIUNA AFFILIATES ON NEW REGULATORY REQUIREMENTS AND EXISTING OCCUPATIONAL SAFETY AND HEALTH HAZARDS. DEVELOPED AND CONDUCTED SAFETY AND HEALTH TRAINING FOR SIGNATORY CONTRACTOR ASSOCIATIONS, SIGNATORY SAFETY OFFICERS, LIUNA TRAINING CENTER INSTRUCTORS, LIUNA REGIONAL ORGANIZERS AND ATTENDEES AT LIUNA'S REGIONAL AND LEADERSHIP CONFERENCES. PROVIDED THE PRECEDING AFFILIATES AS WELL AS LIUNA DISTRICT COUNCILS, LOCAL UNIONS AND FIELD COORDINATORS WITH ASSISTANCE RELATED TO FINDINGS ON SPECIFIC WORKSITE SAFETY AND HEALTH ISSUES. MONITORED AND PROVIDED COMMENTS ON REGULATORY MATTERS BEFORE OSHA, FHWA, EPA, NIOSH AND OTHER AGENCIES. EXPANDED INVOLVEMENT WITH UNION SAFETY AND HEALTH ORGANIZATIONS AND MAINTAINED EXISTING PARTNERSHIPS WITH TRADE ASSOCIATIONS AND REGULATORY AGENCIES TO CONTINUE ADDRESSING WORKPLACE SAFETY AND HEALTH CONCERNS. 2. FIELD COORDINATORS THE FIELD COORDINATORS REPRESENTED THE FUND FROM EIGHT REGIONAL LOCATIONS AROUND THE UNITED STATES. THEY PROMOTED AND PARTICIPATED IN ALL THE PROGRAM ACTIVITIES LISTED ABOVE IN THEIR REGION OF THE COUNTRY. 3. CANADA THE CANADIAN OFFICE PROMOTED AND PARTICIPATED IN THE SAME PROGRAM FUNCTIONS IN CANADA. 4. HEALTH PROMOTION THE HEALTH PROMOTION PROGRAM ENGAGED IN THE FOLLOWING ACTIVITIES: PROMOTED HEALTH CARE COST REDUCTION INITIATIVES SUCH AS LABORERX, A PHARMACY BENEFIT MANAGEMENT PROGRAM, AS WELL AS THE LABORERS' GROUP MEDICAL STOP LOSS PROGRAM, WHICH PROVIDES PROTECTION AGAINST CATASTROPHIC OR UNPREDICTABLE LOSSES. COMMUNICATED WITH LIUNA HEALTH AND WELFARE FUNDS TO ANALYZE BENEFIT INFORMATION AVAILABLE TO MEMBERS ACROSS ALL FUNDS AND PROVIDE SUPPORT TO INDIVIDUAL FUNDS. COORDINATED ROUTINE HEALTH SCREENINGS AND PROVIDED RELATED EDUCATIONAL MATERIALS FOR LABORERS AND THEIR FAMILY MEMBERS AT HEALTH FAIRS AND OTHER EVENTS SPONSORED BY LIUNA AFFILIATES AND SIGNATORY CONTRACTORS. EXPANDED DISTRIBUTION AND SCOPE OF WIDE-REACHING SKIN CANCER PREVENTION CAMPAIGN TO INCLUDE PREVENTION OF HEAT STRESS AND INFECTIOUS DISEASE CARRIED BY BITING INSECTS DEVELOPED INFORMATIONAL MATERIALS ON OPIOIDS AND MARIJUANA USE AS WELL AS MATERIALS RELATED TO SMOKING CESSATION, WORKPLACE VIOLENCE, PAIN MANAGEMENT, NUTRITION AND OTHER HEALTH AND LIFESTYLE ISSUES THAT AFFECT LABORERS AND THEIR FAMILIES. PROVIDED DRUG-FREE WORKPLACE PROGRAM SUPPORT AND TRAINING TO SIGNATORY EMPLOYERS. COORDINATED CRITICAL INCIDENT STRESS DEBRIEFINGS (CISDS) ON BEHALF OF SIGNATORY EMPLOYERS AND LIUNA MEMBERS TO HELP MITIGATE THE LONG TERM HEALTH EFFECTS OF POSSIBLE PSYCHOLOGICAL TRAUMA CAUSED BY WORKSITE CATASTROPHES. COLLABORATED WITH UNION SAFETY AND HEALTH ORGANIZATIONS AND LIUNA AFFILIATES TO ADDRESS OPIOID ABUSE AND OVERDOSE AMONG CONSTRUCTION WORKERS AND REDUCE ITS IMPACT ON WORKERS AND THEIR FAMILIES. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL F. SABITONI (TRUSTEE) AND LISA SABITONI (EXECUTIVE DIRECTOR) ARE SIBLINGS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE FUND'S AUDITING FIRM. IT FIRST GOES TO THE DIRECTOR OF ACCOUNTING, AND THEN THE EXECUTIVE DIRECTOR. IT IS THEN GIVEN TO THE CO-CHAIRMAN OF THE BOARD OF TRUSTEES FOR SIGNATURE ON BEHALF OF THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO OUR POLICY, DIRECTORS/OFFICERS/EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS AND SEEK APPROVAL BEFORE PROCEEDING. THE FUND'S MANAGING STAFF MEET REGULARLY WITH THEIR EMPLOYEES ON THESE AND OTHER MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE FUND'S EXECUTIVE DIRECTOR WITH THE FINANCE DEPARTMENT REVIEW COMPENSATION OF SIMILAR ORGANIZATIONS AND THEN COME UP WITH RECOMMENDATIONS FOR SALARY INCREASES, IF ANY. THOSE RECOMMENDATIONS ARE PRESENTED TO A FINANCE COMMITTEE WHO REVIEWS THEM. IF THE FINANCE COMMITTEE AGREES WITH THE RECOMMENDATION, IT PRESENTS THE PROPOSAL TO THE FULL BOARD OF TRUSTEES. THE FULL BOARD THEN VOTES UPON THE RECOMMENDATION. MOST OF THE TIME, THE ONLY INCREASES ARE COST OF LIVING ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CURRENCY TRANSLATION ADJUSTMENT -13,396. FORM 990 PART XII, LINE 1 THE ORGANIZATION USES A MODIFIED CASH BASIS METHOD OF ACCOUNTING. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.