2024-07-03T13:50:40-05:00 2023-10-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2022-11-01 520953443 STA OF BALTIMORE-ILA CONTAINER ROYALTY PLAN % ANTWON LEMON STAO 4106339330 6610 TRIBUTARY STREET Suite 202 BALTIMORE MD 21224 RICHARD P KRUEGER JR TRUSTEE 4106339330 2024-06-26 true RICHARD P KRUEGER JR 999009999 RICHARD RUVELSON P00234075 3012726000 2022 2023-04-26 12:10:37Z RICHARD P KRUEGER JR 6610 TRIBUTARY STREET STE 202 BALTIMORE MD 21224 13196465 false X N/A X 1982 MD To Provide Supplemental Benefits to Eligible Collectively Bargained Members. 11 11 4 0 0 0 0 0 16482320 12839646 45418 277802 68790 79017 16596528 13196465 0 0 15777468 12394093 716174 697293 0 0 0 110652 128045 16604294 13219431 -7766 -22966 17013508 13959998 16923252 13892708 90256 67290 To Provide Supplemental Benefits to Eligible Collectively Bargained Members. false false Provide supplemental benefits to eligible Union Members working under collective bargaining agreements between the STA of Baltimore and the ILA. 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 true false false false false false false false false false false false true false false true X 15 0 true 4 true false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false X ANTWON LEMON 4106339330 6610 TRIBUTARY STREET SUITE 202 BALTIMORE MD 21224 X Meghan Cowan ADMINISTRATOR 36.0 4.0 X 170906 0 34277 Julie Mitchell FIELD REP 38.0 2.0 X 155918 0 34277 SIMON E DAVIS ASST ADMINISTRATOR (RETIRED) 36.0 4.0 X 134198 0 34277 MICHAEL COE TRUSTEE 1.0 4.0 X 0 0 0 MAURO DAL BO Trustee 1.0 4.0 X 0 0 0 SCOTT COWAN Trustee 1.0 4.0 X 0 0 0 BAYARD HOGANS TRUSTEE (Replaced) 1.0 4.0 X 0 0 0 DOUG WOLFE ALTERNATE TRUSTEE 1.0 4.0 X 0 0 0 RICHARD P KRUEGER JR Trustee 1.0 4.0 X 0 0 0 MARK SCHMIDT Trustee 1.0 4.0 X 0 0 0 JOHN SHADE JR Trustee 1.0 4.0 X 0 0 0 Troy Nilsen Trustee 1.0 4.0 X 0 0 0 David Hartman Trustee 1.0 4.0 X 0 0 0 Timothy Krajewski Trustee 1.0 4.0 X 0 0 0 Bill Wade Trustee 1.0 4.0 X 0 0 0 TIM BEALL TRUSTEE 1.0 4.0 X 0 0 0 461022 0 102831 3 false true false 0 0 EMPLOYER CONTRIBUTIONS 900099 12839646 12839646 12839646 277802 277802 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FUND REIMBURSEMENT 900099 43300 43300 OTHER INCOME 900099 35717 35717 79017 13196465 12918663 0 277802 0 0 0 12394093 0 0 539671 53403 63337 40882 0 45491 30178 0 0 2260 0 0 12588 7718 0 17891 0 0 0 0 0 0 6645 OTHER PROGRAM EXPENSES 5274 13219431 4602438 204588 12411070 13755410 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17013508 13959998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16923252 13892708 16923252 13892708 X 0 0 0 0 90256 67290 90256 67290 17013508 13959998 -22966 X X false true X true false 0 BENEFITS PAYABLE 12391793 DUE TO CRCCF 1500915 13892708 X 13194205 13194205 2260 2260 13196465 16578011 16578011 2260 -3360840 -3358580 13219431 Oth Amts included on return not in financials Expense NET DECREASE IN BENEFIT OBLIGATIONS: -3,360,840. PART X, LINE 2: THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED NOVEMBER 23, 1983, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501 (C)(9) OF THE IRC. HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED DURING THE YEAR ENDING OCTOBER 31, 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. 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 THE PLAN 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 JURISDICTION; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X false false false Meghan Cowan ADMINISTRATOR 167847 0 3059 0 0 0 17801 0 16476 0 205183 0 0 0 Julie Mitchell FIELD REP 152859 0 3059 0 0 0 17801 0 16476 0 190195 0 0 0 SIMON E DAVIS ASST ADMINISTRATOR (RETIRED) 131139 0 3059 0 0 0 17801 0 16476 0 168475 0 0 0 FORM 990, PART V, LINE 2A: THE FUND ISSUED 1,196 2022 W-2'S TO MEMBERS FOR TAXABLE BENEFITS AND NOT FOR PAYMENT AS EMPLOYEES OF THE FUND. THESE W-2'S ARE INCLUDED ON THE 2022 W-3 FILED WITH THE INTERNAL REVENUE SERVICE, ALONG WITH THE FEDERAL AND STATE PAYROLL TAX RETURNS WHICH INCLUDE THE REPORTING OF TAXABLE BENEFITS TO THE FUND MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B: LINE 11 A EXPLANATION- A COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: EMPLOYEES AND TRUSTEES MUST DISCLOSE ANY RELATIONSHIP THAT COULD GIVE RISE TO ANY POTENTIAL CONFLICTS OF INTEREST. THE RESPONSES ARE REVIEWED BY MANAGEMENT EACH YEAR. FORM 990 PART VI, SECTION B, LINE 15 THE PLAN ADMINISTRATOR AND OTHER UNION APPOINTED POSITIONS ARE PAID AT RATES AS PRESCRIBED IN CERTAIN CONTRACTS BETWEEN THE STEAMSHIP TRADE ASSOCIATION AND THE INTERNATIONAL LONGSHOREMEN'S ASSOCIATION UPON REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES. FORM 990 PART VI, SECTION C, LINE 19 THE PLAN MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO ANY PARTICIPANT UPON REQUEST AT THE FUND OFFICE. FORM 990, PART XII, LINE 1 THE ACCOMPANYING TAX RETURN HAS BEEN PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. UNDER THIS BASIS OF ACCOUNTING, THE ONLY ASSETS RECOGNIZED IN THE TAX RETURN ARE CASH AND INVESTMENTS. THE ONLY LIABILITIES RECOGNIZED IN THE TAX RETURN ARE PASSTHROUGH CONTRIBUTIONS, WHICH ARE PAYABLE TO THE CRCCF AND THE OBLIGATION TO PROVIDE SUPPLEMENTAL BENEFITS TO ELIGIBLE PARTICIPANT (THE SUPPLEMENTAL BENEFIT OBLIGATION ALSO INCLUDES A LIABILITY FOR THE PLAN'S PORTION OF THE EMPLOYER PAYROLL TAXES RELATED TO THE SUPPLEMENTAL BENEFIT). EXCEPT FOR THE LIABILITIES DESCRIBED ABOVE, ALL TRANSACTIONS ARE RECOGNIZED IN THE TAX RETURN AS EITHER CASH RECEIPTS OR CASH DISBURSEMENTS. THE MODIFIED CASH BASIS OF ACCOUNTING DIFFERS FROM GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRIMARILY BECAUSE ACCOUNTS RECEIVABLE, PREPAID EXPENSES, ACCOUNTS PAYABLE, AND ACCRUED EXPENSES, EXCEPT FOR EMPLOYER PAYROLL TAXES NOTED ABOVE, ARE NOT INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, THE PLAN RECOGNIZES LEASE COSTS AS RENT EXPENSE WHEN PAID. THIS DIFFERS FROM U.S. GAAP, WHICH REQUIRES THE RECOGNITION OF LEASE ASSETS AND LEASE LIABILITIES BY LESSEES FOR BOTH CAPITAL (FINANCE) AND OPERATING LEASES. BALTIMORE DISTRICT COUNCIL OF THE ILA 6610 TRIBUTARY STREET BLDG B BALTIMORE MD 21224 521345023 LABOR UNION MD 501 (C)(5) na false STEAMSHIP TRADE ASSOC OF BALTIMORE 8615 RIDGELYS CHOICE DR 202 BALTIMORE MD 21236 520557692 MGMT ASSN MD 501(c)(6) NA false STA OF BALTIMORE-ILA PENSION PLAN 6610 TRIBUTARY STREET BALTIMORE MD 21224 526036829 PENSION PLAN MD 401(A) NA false STA-ILA VACATION AND HOLIDAY FUND 6610 TRIBUTARY STREET STE 202 BALTIMORE MD 21224 273004934 BENEFIT FUND MD 501(C)(9) NA false STA OF BALTIMORE-ILA BENEFITS FUND 6610 TRIBUTARY STREET BALTIMORE MD 21224 520575721 BENEFIT FUND MD 501(C)(9) NA false STA OF BALTIMORE - ILA S&A PLAN 6610 TRIBUTARY STREET BALTIMORE MD 21224 522035147 ANNUITY PLAN MD 401(A) NA false AMERICAN PRESIDENT LINES CONTRIB EMPLOYER N/A false Atlantic Container Line CONTRIB EMPLOYER N/A false Atlantic Ro-Ro Carriers CONTRIB EMPLOYER N/A false BBC Chartering CONTRIB EMPLOYER N/A false Compagnie Maritime d Affretement CONTRIB EMPLOYER N/A false COSCO Container Lines CONTRIB EMPLOYER N/A false Evergreen Shipping Agency (America) Corp CONTRIB EMPLOYER N/A false Hamburg Sud CONTRIB EMPLOYER N/A false Hapag-Lloyd - Global Container Line Ship CONTRIB EMPLOYER N/A false BAHRI CONTRIB EMPLOYER N/A false Maersk Line CONTRIB EMPLOYER N/A false Mediterranean Shipping Line CONTRIB EMPLOYER N/A false Morningstar Airway Express Inc CONTRIB EMPLOYER N/A false Ocean Network Express CONTRIB EMPLOYER N/A false Orient Overseas Container Line Ltd CONTRIB EMPLOYER N/A false Pasha International CONTRIB EMPLOYER N/A false SEAU CONTRIB EMPLOYER N/A false Turkon Line Inc CONTRIB EMPLOYER N/A false ZIM Integrated Shipping Services Ltd CONTRIB EMPLOYER N/A false false false false false false false false false false false true false false true true false true true false