2024-11-01T15:57:41-05:00 2023-12-31 952302617 SINGERLEWAK LLP 500 ALA MOANA BOULEVARD STE 2-302 HONOLULU HI 96813 990 2023-01-01 996007611 PAINTING INDUSTRY OF HAWAII HEALTH & WELFARE PAIN 8085239411 222 S VINEYARD ST PH 4 HONOLULU HI 96813 RYDEN VALMOJADEAN NAGATOSHI UNION TRUSTEE / MANAGEMENT TRUSTEE 8085239411 2024-10-11 0 PAUL ASANO P00036113 8085336254 2023 2024-10-15 13:58:12Z RYDEN VALMOJADEAN NAGATO 222 S VINEYARD ST PH 4 HONOLULU HI 96813 23326416 0 X N/A X 1964 HI THE ORGANIZATION IS A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN THAT PROVIDES HEALTH & WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE WITH THE TERMS SET FORTH IN HE TRUST AGREEMENTS, THE RULES & REGULATIONS OF THE PLAN & COLLECTIVE BARGAINING AGREEMENT. 7 0 0 0 0 0 0 0 8475016 9219249 78347 718817 0 0 8553363 9938066 0 0 7454172 7630557 0 0 0 0 0 368540 375328 7822712 8005885 730651 1932181 22972549 25660697 41250 41250 22931299 25619447 X THE ORGANIZATION IS A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN THAT PROVIDES HEALTH & WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE WITH THE TERMS SET FORTH IN THE TRUST AGREEMENTS, THE RULES & REGULATIONS OF THE PLAN AND THE APPLICABLE COLLECTIVE BARGAINING AGREEMENT. 0 0 TO PROVIDE MEDICAL AND DRUG BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS: TO PROVIDE DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. TO PROVIDE DISABILITY AND LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICPANTS AND THEIR DEPENDENTS. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X GROUP PLAN ADMINISTRATORS INC 8085239411 222 S VINEYEARD BLVD PH 4 HONOLULU HI 96813 X RYDEN VALMOJA UNION TRUSTEE 0.25 X 0 0 0 LORNA WOO UNION TRUSTEE 0.25 X 0 0 0 VICTOR WYMAN EMPLOYER TRUSTEE 0.25 X 0 0 0 DEAN NAGATOSHI EMPLOYER TRUSTEE 0.25 X 0 0 0 ROBIN SCHLITZKUS UNION TRUSTEE 0.25 X 0 0 0 SHAWN KURIHARA EMPLOYER TRUSTEE 0.25 X 0 0 0 LARI BLOOM EMPLOYER TRUSTEE - ALTERNA 0.25 X 0 0 0 0 0 0 0 0 0 0 0 EMPLOYERS' CONTRIBUTION 900099 9093944 9093944 PARTICIPANTS' CONTRIB. 900099 117405 117405 LIQUIDATED DAMAGES 900099 7900 7900 9219249 777292 777292 13329875 13388350 -58475 -58475 -58475 9938066 9160774 0 777292 7630557 268458 1934 47680 20441 9500 8919 6966 11152 MISCELLANEOUS 278 8005885 129772 44875 5080326 5728893 788370 1294022 14758368 16233570 1594926 1755383 620787 603954 22972549 25660697 41250 41250 41250 41250 X 22931299 25619447 0 0 0 0 22931299 25619447 22972549 25660697 1932181 755967 0 X X 0 1 X 1 0 0 STRUCTURED NOTES 1755383 F 1755383 PREMIUM WAIVER RESERVE 41250 41250 X 10673592 755967 755967 9917625 20441 20441 9938066 7985444 0 7985444 20441 20441 8005885 PART X, LINE 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 IRS DATED MARCH 31, 1966, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE. 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 IN 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 INTERNAL REVENUE SERVICE. 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 APPROPRIATE INDIVIDUALS BEFORE SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 12C LEGAL COUNSEL REVIEWS SUCH DOCUMENTS AND ADVISES OF ANY CHANGES TO BE IN COMPLIANCE FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC RYDEN VALMOJA - 2240 YOUNG STREET, HONOLULU, HI 96826. LORNA WOO - 2240 YOUNG STREET, HONOLULU, HI 96826. VICTOR WYMAN - 94-1410 MOANIANI STREET, WAIPAHU, HI 96797. DEAN NAGATOSHI - P.O. BOX 22597, HONOLULU, HI 96823. ROBIN SCHLITZKUS - 2240 YOUNG STREET, HONOLULU, HI 96826. SHAWN KURIHARA - 96-1403 WAIHONA PLACE, PEARL CITY, HI 96782. LARI BLOOM - 91-310 KOMOHANA STREET, KAPOLEI, HI 96707. FORM 990, PART XII, LINE 2C NO CHANGE IN REVIEW PROCESS FROM THE PRIOR YEAR. BOARD OF TRUSTEES SELECTS AN INDEPENDENT AUDITOR. ADMINISTRATOR AND BOARD OF TRUSTEES FORMALLY REVIEWS AND APPROVES THE FINANCIAL STATEMENTS. PAINTING INDUSTRY OF HAWAII ANNUITY TRUST FUND 222 S VINEYARD ST PH4 HONOLULU HI 96813 996032984 TO PROVIDE RETIREMENT BENEFITS TO ELIGIBLE PLAN PARTICIPANTS HI 401(A) N/A 0 PAINTING INDUSTRY OF HAWAII LABOR MANAGEMENT COOPERATIVE FUND 222 S VINEYARD ST PH4 HONOLULU HI 96813 990110563 TO PROMOTE THE PAINTING INDUSTRY HI 501(C)(6) N/A 0 PAINTING INDUSTRY OF HAWAII RESERVE BENEFIT TRUST FUND 222 S VINEYARD ST PH4 HONOLULU HI 96813 870696316 TO PROVIDE HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 PAINTING INDUSTRY OF HAWAII VACATION FUND 222 S VINEYARD ST PH4 HONOLULU HI 96813 996016182 TO PROVIDE VACATION BENEFITS TO ELIGIBLE EMPLOYEES IN THE INDUSTRY HI 501(C)(9) N/A 0 SEE SCHEDULE R SUPPLEMENTAL INFORMATION SEE SCHEDULE R SUPPLEMENTAL INFORMATION SEE SCHEDULE R SUPPLEMENTAL INFORMATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 FORM 990, SCHEDULE R, PARTS II, III, IV THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER PLAN THAT PROVIDES HEALTH BENEFITS TO INDIVIDUALS SATISFYING ELIGIBILITY REQUIREMENTS. THE ADMINISTRATORS OFFICE MAINTAINS A DATABASE OF THESE 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 ORGANIZATION. HOWEVER, THEY ARE LISTED BELOW: ACCENT WALL DESIGN AKIRA YAMAMOTO PAINTING, INC. ALII NUI CONSTRUCTION, INC. APPLY-A-LINE ARTISTIC BUILDERS CORP BEK, INC. CENTRAL STRIPING SERVICE, INC. COR-RAY PAINTING CO. COVENANT PAINTING DC50 JATF - PAINTERS DEMOS PAINTING & DECORATING, INC. EDS CONTRACTING SERVICES, INC. H PAINTING LLC HARRY ASATO PAINTING, INC. HIROTA PAINTING COMPANY, INC. HONOLULU PAINTING COMPANY, LTD. J. D. PAINTING AND DECORATING JADE PAINTING, INC. JAMES NAKAGAWA PAINTING, INC. KEY PAINTING, INC. L.A. PAINTING, LTD. M. SHIROMA PAINTING CO., INC. METROPOLITAN PTG. & ENVIRONMENTAL SYSTEMS, INC. PACIFIC PREFERRED CONTRACTORS CORP. PAINTERS UNION LOCAL PURCELL PAINTING & DECORATING QUALIFIED PAINTING SERVICE R & M PAINTING SOCIETY CONTRACTING, LLC SPECIALIZED PAVEMENT MARKING, LLC W E PAINTING, INC. ZELINSKY COMPANY