2024-11-14T14:32:25-06:00 2023-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-01-01 736360524 REGIONAL DISTRICT COUNCIL TRAINING TRUST % JOSEPH SIMPSON REGI 8887382499 208 EAST NEW YORK AVENUE DELAND FL 32724 JOSEPH SIMPSON TRAINING DIRECTOR 8887382499 2024-11-14 true true RICHARD RUVELSON P00234075 3012726000 2023 2024-10-15 13:58:12Z CARY NEWTON 208 EAST NEW YORK AVENUE DELAND FL 32724 5342089 false X WWW.IWRDTT.ORG X 2005 DC THE REGIONAL DISTRICT COUNCIL TRAINING TRUST IS A JOINT APPRENTICESHIP, TRAINING AND EDUCATION ORGANIZATION FOR IRONWORKERS MEMBERS OF LOCAL UNION 846 AND LOCAL UNION 847. 8 8 14 0 0 0 37999 48514 1604746 1567072 69096 108240 104679 117832 1816520 1841658 0 0 0 0 1329772 1236403 0 0 0 802175 848025 2131947 2084428 -315427 -242770 4291943 4144422 0 0 4291943 4144422 X SEE SCHEDULE O. false false THE TRUST SERVES AS THE FUNDING ENTITY FOR A JOINT APPRENTICESHIP, EDUCATION, AND TRAINING PLAN FOR MEMBERS OF LOCAL UNION 846 AND LOCAL UNION 847. THE PLAN CONDUCTED COMPREHENSIVE TRAINING PROGRAMS. false true false false false false false false false true false false false false 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 4 0 true 14 true false false false false false false false false X 8 8 true false false false false true false true false false false true true true true true true false false false X JOSEPH SIMPSON 3867362499 208 EAST NEW YORK AVENUE DELAND FL 32724 Joseph Simpson Training Director 40.0 0.0 X 117892 0 32455 Victor Franco REG. TRAINING COORDINATOR 40.0 0.0 X 113588 0 14855 EDMUNDO RANGEL TRAINING COORDINATOR 40.0 0.0 X 110596 0 14855 Cary Newton Employer Trustee/President 1.0 4.0 X X 0 0 0 JAMES WHALEY Employer Trustee/TREASURER 1.0 4.0 X X 0 0 0 Louie Leon Employer Trustee 1.0 4.0 X 0 0 0 Jose Mendoza Union Trustee 1.0 4.0 X 0 0 0 Michael Relyin Union Trustee 1.0 4.0 X 0 0 0 Keith Smith Employer Trustee 1.0 4.0 X 0 0 0 ERNESTO SOTO UNION TRUSTEE 1.0 4.0 X 0 0 0 DYLAN DALTON UNION TRUSTEE 1.0 4.0 X 0 0 0 342076 0 62165 3 false true false 0 21815 26699 48514 EMPLOYER CONTRIBUTIONS 611710 1567072 1567072 1567072 66124 66124 0 0 56126 56126 0 56126 56126 3542547 3500431 42116 42116 42116 0 0 0 0 0 0 0 0 0 0 REIMBURSEMENTS 900099 44719 44719 MISCELLANEOUS INCOME 900099 16987 16987 61706 1841658 1628778 0 164366 0 0 0 0 151927 0 796722 41486 171013 75255 0 12465 75602 0 0 17233 128430 0 89938 63945 0 233606 87961 0 0 0 0 8212 29328 ADMINISTRATIVE SERVICES 64881 TRAINING PROGRAM EXPENSES 36295 TAXES & LICENSES 129 2084428 77025 50473 135885 16335 0 0 0 0 0 0 0 0 0 0 0 0 0 0 320715 300236 28693 20479 4050340 4057135 0 0 0 0 0 0 0 0 4291943 4144422 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 4291943 4144422 4291943 4144422 4291943 4144422 -242770 95249 X X false true X false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18899 18899 0 284779 268720 16058 17037 12617 4421 20479 0 0 X 1919674 95249 95249 1824425 17233 17233 1841658 2067195 2067195 17233 17233 2084428 PART X, LINE 2 - FIN 48 FOOTNOTE: Management has evaluated the tax positions taken by the Trust and concluded that as of December 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require disclosure in the financial statements. The Trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements. false false false Joseph Simpson Training Director 108792 0 0 0 9100 0 18760 0 15275 0 151927 0 0 0 PART III, LINE 1 - ORGANIZATION MISSION: THE REGIONAL DISTRICT COUNCIL TRAINING TRUST WAS ESTABLISHED BY AN AGREEMENT AMONG PARTICIPATING EMPLOYERS AND THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS, LOCAL 846. THE ORGANIZATION IS THE FUNDING TRUST FOR A JOINT APPRENTICESHIP, TRAINING, AND EDUCATION PLAN, ESTABLISHED UNDER SEC. 302(C) OF THE LABOR MANAGEMENT RELATIONS ACT OF 1974. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIP: TRUSTEES JOSE MENOZA AND ERNESTO SOTO SERVED AS BUSINESS MANAGER/FINANCIAL SECRETARY-TREASURER AND VICE PRESIDENT/BUSINESS AGENT FOR REGIONAL LOCAL UNION NO. 846 OF THE INTERNATIONAL ASSOCIATION, RESPECTIVELY. TRUSTEES MICHAEL RELYIN AND DYLAN DALTON SERVE ADMINISTRATOR AND BUSINESS AGENT FOR REGIONAL LOCAL UNION NO. 847, RESPECTIVELY. PART VI, SECTION A, PART 7A - APPOINTMENT TO BOARD OF TRUSTEES: THE TRUST SHALL CONSIST OF EIGHT (8) TRUSTEES, FOUR (4) OF WHOM SHALL BE APPOINTED BY THE GENERAL PRESIDENT OF THE IRON WORKERS INTERNATIONAL UNION AND FOUR (4) OF WHOM SHALL BE APPOINTED AMONG THE EMPLOYERS UNDER THE COLLECTIVE BARGAINING AGREEMENT WITH LOCAL 846. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD EXIST IN THE ORGANZIATION. PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990: THE FORM 990 IS REVIEWED BY THE PRESIDENT AND RECORDING SECRETARY UPON RECEIPT FROM THE INDEPENDENT ACCOUNTANTS. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST POLICY IS DESIGNATED TO COVER ALL DIRECTORS, OFFICERS OR MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. ========================================================================= PROCEDURES: ----------- 1. DUTY TO DISCLOSE. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B) THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. ANNUAL STATEMENTS: ------------------ EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PART VI, SECTION C, LINE 19-AVAILABILITY OF DOCUMENTS & F/S: THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY NOR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. PART IX, LINE 1 - METHOD OF ACCOUNTING - MODIFIED CASH BASIS: THE FINANCIAL STATEMENTS ARE PREPARED USING THE MODIFIED CASH BASIS OF ACCOUNTING. UNDER THIS METHOD, REVENUE IS GENERALLY RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED AND EXPENSES ARE GENERALLY RECOGNIZED WHEN PAID RATHER THAN WHEN THE OBLIGATION IS INCURRED, EXCEPT FOR REPORTING INVESTMENTS AT FAIR VALUE, THE CAPITALIZATION AND DEPRECIATION OF PROPERTY AND EQUIPMENT, AND ACCRUALS ARISING FROM PAYROLL WITHHOLDINGS. REGIONAL DISTRICT COUNCIL VACATION TRUST 3140 NE BROADWAY STREET PORTLAND OR 97232 020761530 BENEFIT FUND DC 501(c)(9) NA false REGIONAL DISTRICT COUNCIL WELFARE PLAN 3140 NE BROADWAY STREET PORTLAND OR 97232 562546659 BENEFIT FUND DC 501(c)(9) NA false REGIONAL DISTRICT COUNCIL RETIREMENT 3140 NE BROADWAY STREET PORTLAND OR 97232 736360525 PENSION FUND DC 401(a) NA false REBAR INDUSTRY ADVANCEMENT FUND 3140 NE BROADWAY STREET PORTLAND OR 97232 352367418 TRADE BOARD IL 501(c)(6) NA false false false false false false false false false false false false false false false false false false true false