2025-01-15T10:16:12-06:00 2024-02-29 952302617 SINGERLEWAK LLP 500 ALA MOANA BLVD 2 302 HONOLULU HI 96813 990 2023-03-01 352556224 HAWAII MASONS AND PLASTERERS UNION HAWAII INDUSTRY STABILIZATION COMMITTEE HAWA 8086722006 560 NORTH NIMITZ HIGHWAY SUITE 209 HONOLULU HI 96817 PETER IRIARTE DALE SAKAMOTO-YONEDA TRUSTEE / TRUSTEE 8088453901 2025-01-14 0 PAUL ASANO P00036113 8085336254 2023 2024-10-15 13:58:12Z X PETER IRIARTE DALE SAKAM 2251 NORTH SCHOOL STREET HONOLULU HI 96819 370416 0 X N/A X 2016 HI IMPROVE COMMUNICATIONS BETWEEN THE UNIONS, THE CONTRACTOR ASSOCIATIONS, AND THE CONTRACTORS IMPROVE ORGANIZATIONAL EFFECTIVENESS BETWEEN THE EMPLOYEES AND CONTRACTORS; SOLVE PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS, ELIMINATE POTENTIAL PROBLEMS WHICH REDUCE COMPETITIVENESS AND INHIBIT THE ECONOMIC DEVELOPMENT OF THE AREA OR INDUSTRY AND ENHANCE THE INVOLVEMENT OF EMPLOYEES IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES 8 8 0 0 0 0 0 0 272272 308138 21651 62278 2423 0 296346 370416 0 0 0 0 181897 191680 0 0 0 99951 49464 281848 241144 14498 129272 1218578 1361915 6827 20892 1211751 1341023 X THE PURPOSES OF THE COMMITTEE SHALL BE AS FOLLOWS:(1) IMPROVE COMMUNICATIONS BETWEEN THE UNIONS, THE CONTRACTOR ASSOCIATIONS, AND THE CONTRACTORS;(2) IMPROVE ORGANIZATIONAL EFFECTIVENESS BETWEEN THE EMPLOYEES AND CONTRACTORS;(3) SOLVE PROBLEMS OF MUTUAL CONCERN NOT SUSCEPTIBLE TO RESOLUTION WITHIN THE COLLECTIVE BARGAINING PROCESS;(4) ELIMINATE POTENTIAL PROBLEMS WHICH REDUCE COMPETITIVENESS AND INHIBIT THE ECONOMIC DEVELOPMENT OF THE AREA OR INDUSTRY(5) ENHANCE THE INVOLVEMENT OF EMPLOYEES IN MAKING DECISIONS THAT AFFECT THEIR WORKING LIVES 0 0 123649 SALARIES AND PAYROLL TAXES 68031 FRINGE BENEFITS - ANNUITY, PENSION, HEALTH AND WELFARE, VACATION, TEMPORARY DISABILITY INSURANCE 22325 GENERAL PROGRAM EXPENSES 214005 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X BENEFIT RISK MANAGEMENT SERVICES INC 8086722006 560 NORTH NIMITZ HIGHWAY SUITE 230 HONOLULU HI 96817 X MARLON GARCES MANAGEMENT TRUSTEE (ALT) 1.00 X 0 0 0 CLAUDE MATSUMOTO MANAGEMENT TRUSTEE 1.00 X 0 0 0 PAUL SILEN MANAGEMENT TRUSTEE 1.00 X 0 0 0 DALE SAKAMOTO-YONEDA MANAGEMENT TRUSTEE 1.00 X 0 0 0 ZACH BONILLA UNION TRUSTEE 1.00 X 0 0 0 PETER IRIARTE UNION TRUSTEE 1.00 X 0 0 0 JEFFREY ORNELLAS UNION TRUSTEE (ALT) 1.00 X 0 0 0 MELVIN SILVA UNION TRUSTEE 1.00 X 0 0 0 MICHAEL YADAO EXECUTIVE DIRECTOR 40.00 X 125286 0 54745 125286 0 54745 1 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 307352 307352 LIQUIDATED DAMAGES 900099 786 786 308138 62278 62278 370416 308138 0 62278 112000 30518 37513 11649 704 12922 9962 7188 1798 6000 180 8048 TELEPHONE 2041 BANK AND CUSTODIAL FEES 621 241144 4702 2561 1188322 1332861 25554 26493 1218578 1361915 6592 19309 235 1583 6827 20892 X 1211751 1341023 1211751 1341023 1218578 1361915 129272 0 X 0 1 X 1 0 0 INTERFUND PAYABLE 1583 1583 X 369795 0 369795 621 621 370416 240523 0 240523 621 621 241144 PART X, LINE 2: THE ORGANIZATION RECEIVED AN EXEMPTION LETTER DATED JUNE 27, 2016, WHICH STATED THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE (UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC). HOWEVER, AS A RESULT OF THE ORGANIZATION'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE TAXES HAVE BEEN RECORDED IN 2024 OR 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 0 MICHAEL YADAO EXECUTIVE DIRECTOR 112000 0 0 0 13286 0 30518 0 24227 0 180031 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. A REVIEW OF THE COMPENSATION IS PERFORMED ON AN ANNUAL BASIS OR AS-NEEDED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ADMINISTRATOR. IT IS THEN PROVIDED TO UNION AND MANAGEMENT TRUSTEE REPRESENTATIVES PRIOR TO SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 12 POLICY IS REVIEWED BY THE TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A ANNUAL REVIEW OF ADMINISTRATIVE FEES INCLUDING SALARY AMOUNTS CONDUCTED BY HAWAII MASONS AND PLASTERERS ADMINISTRATIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC MARLON GARCES - 1099 ALAKEA STREET, SUITE 1600, HONOLULU, HI 96813. CLAUDE MATSUMOTO - 1860 ALA MOANA BLVD., SUITE 2100, HONOLULU, HI 96815. PAUL SILEN - P.O. BOX 4088, HONOLULU, HI 96812. DALE SAKAMOTO-YONEDA - 1928 HAU STREET, HONOLULU, HI 96819. ZACH BONILLA - 2251 NORTH SCHOOL STREET, HONOLULU, HI 96819. PETER IRIARTE - 2251 NORTH SCHOOL STREET, HONOLULU, HI 96819. JEFFREY ORNELLAS - 2251 NORTH SCHOOL STREET, HONOLULU, HI 96819. MELVIN SILVA - 2251 NORTH SCHOOL STREET, HONOLULU, HI 96819. FORM 990 AMENDED RETURN FORM 990 LINE G AMENDED 370,416 ORIGINAL 368,855 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART VIII. PART I LINES 9,10,12, 13, 15, 17, 18, 19, 21, & 22 TO REFLECT NEW TOTALS DUE TO CHANGES IN PART VII, IX AND X. PART IV LINES 12A,12B AMENDED YES ORIGINAL NO TO REFLECT THE AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. PART IV LINE 23 AMENDED YES ORIGINAL NO TO REFLECT ADDITIONAL INFORMATION REGARDING COMPENSATION OF ORGANIZATION'S OFFICERS, DIRECTORS, KEY EMPLOYEES, AD HIGHEST COMPENSATED EMPLOYEES PART VII SECTION B LINE 1 COLUMN (A) AMENDED BENEFIT RISK MANAGEMENT SERVICES, INC. 560 NORTH NIMITZ HIGHWAY, SUITE 209, HONOLULU, HI 96817 ORIGINAL NONE TO REFLECT INDEPENDENT CONTRACTOR PART VII LINE 1A COLUMNS A, B, C, D, F AMENDED MICHAEL YADAO, EXECUTIVE DIRECTOR ORIGINAL NONE TO REFLECT HIGHLY COMPENSATED EMPLOYEE. PART VII LINES 1B,1D COLUMNS D, F AMENDED 125,286/54,745 ORIGINAL 0/0 TO REFLECT HIGHLY COMPENSATED EMPLOYEE. PART VIII LINE 7A COLUMN (I) AMENDED 9,781,734 ORIGINAL 63,049 TO REFLECT GROSS AMOUNT FROM SALES OF ASSETS NOTED AFTER THE ORIGINAL FILING. PART VIII LINE 7B COLUMN(I) AMENDED 9.718.685 ORIGINAL 0 - TO REFLECT COST OF ASSETS NOTED AFTER THE ORIGINAL FILING. PART IX LINE 4 COLUMN (A) AMENDED 6,807,884 ORIGINAL 7,015,018 TO REFLECT ADDITIONAL AMOUNT OF BENEFITS PAID TO OR FOR MEMBERS INCLUDED AFTER THE ORIGINAL FILING. PART IX LINE 24A COLUMN (A) AMENDED 144,755 ORIGINAL 138,227 TO REFLECT ADDITIONAL AMOUNT OF ADMINISTRATIVE FEES INCLUDED AFTER THE ORIGINAL FILING. PART IX LINE 25 COLUMN (A) AMENDED 7,019,201 ORIGINAL 7,219,807 TO REFLECT NEW TOTALS DUE TO CHANGES IN LINES 4 AND 24A AS NOTED ABOVE. PART X LINE 1 COLUMN (B) AMENDED 2,473,120 ORIGINAL 2,474,979 TO CORRECT SAVINGS AND TEMPORARY CASH INVESTMENTS AFTER ORIGINAL FILING PART X LINE 4 COLUMN (B) AMENDED 2,601 ORIGINAL 9,129 TO REFLECT RECEIVABLES INCLUDED IN THE ORIGINAL FILING. PART X LINE 11 COLUMN (B) AMENDED 5,004,103 ORIGINAL 5,004,104 TO REFLECT INVESTMENTS INCLUDED IN THE ORIGINAL FILING. PART X LINE 16 (B) AMENDED 7,480,183 ORIGINAL 7,488,571 TO REFLECT NEW TOTAL DUE TO CHANGES IN LINES 1 AND 4 AS NOTED ABOVE. PART X LINE 25 COLUMN (B) AMENDED 6,813,150 ORIGINAL 7,022,143 TO REFLECT CHANGE IN LIABILITIES NOTED AFTER THE ORIGINAL FILING. PART X LINE 29 COLUMN (B) AMENDED 667,033 ORIGINAL 466,428 TO REFLECT CHANGE IN NET ASSETS INCLUDED AFTER THE ORIGINAL FILING. PART X LINE 32 COLUMN (B) AMENDED 667,033 ORIGINAL 466,428 TO REFLECT NEW TOTAL DUE TO CHANGE IN LINE 29 AS NOTED ABOVE. PART X LINE 33 COLUMN (B) AMENDED 7,480,183 ORIGINAL 7,488,571 TO REFLECT NEW TOTAL DUE TO CHANGES IN LINE 32 AS NOTED ABOVE. PART XI LINE 2 AMENDED 7,019,201 ORIGINAL 7,219,807 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART IX LINE 25(A) AS NOTED ABOVE. PART XI LINE 3 AMENDED 331,364 ORIGINAL 130,758 TO REFLECT NEW TOTAL DUE TO CHANGES IN LINE 2 AS NOTED ABOVE. PART XI LINE 5 AMENDED 18,741 ORIGINAL18,742 TO REFLECT CHANGE IN NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS INCLUDED AFTER THE ORIGINAL FILING. PART XI LINE 10 AMENDED 667,033 ORIGINAL 466,428 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART X LINE 32(B) AS NOTED ABOVE. PART XII LINE 2A AMENDED YES ORIGINAL NO TO REFLECT THE INFORMATION FROM AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. PART XII LINES 2B & 2C AMENDED YES/SEPARATE BASIS ORIGINAL NO/NONE TO REFLECT THE INFORMATION FROM AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART X LINE 1(2) AMENDED 6,775,271 ORIGINAL 6,991,784 TO REFLECT OTHER LIABILITES PER AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART X LINE1(3) AMENDED 30,166 ORIGINAL 30,165 TO REFLECT OTHER LIABILITES PER AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART X LINE 1(5) AMENDED 7,519 ORIGINAL 0 TO REFLECT OTHER LIABILITES PER AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART X LINE TOTAL AMENDED 6,813,150 ORIGINAL 7,022,143 TO REFLECT NEW TOTAL DUE TO CHANGE IN LINES 1(2), 1(3) AND 1(5) AS NOTED ABOVE. SCHEDULE D PART XI LINE 1 AMENDED 7,349,896 ORIGINAL 0 TO REFLECT TOTAL REVENUE PER AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART XI LINE 2A AMENDED 18,742 ORIGINAL 0 TO REFLECT CHANGE IN NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS INCLUDED AFTER THE ORIGINAL FILING. SCHEDULE D PART XI LINE 2E AMENDED 18,742 ORIGINAL 0 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART X LINE 2(A) AS NOTED ABOVE. SCHEDULE D PART XI LINE 3 AMENDED 7,331,154 ORIGINAL 0 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART X LINE 2(E) AS NOTED ABOVE. SCHEDULE D PART XI LINE 4A AMENDED 19,411 ORIGINAL 0 TO REFLECT CHANGE IN INVESTMENT EXPENSES INCLUDED AFTER THE ORIGINAL FILING. SCHEDULE D PART XI LINE 4C AMENDED 19,411 ORIGINAL 0 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART X LINE 4(A) AS NOTED ABOVE. SCHEDULE D PRT XI LINE 5 AMENDED 7,350,565 ORIGINAL 0 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART X LINE 4(A) AS NOTED ABOVE. SCHEDULE D PART XII LINE 1 AMENDED 6,999,791 ORIGINAL 0 TO REFLECT TOTAL EXPENSES PER AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART XII LINE 4A AMENDED 19,410 ORIGINAL 0 TO REFLECT CHANGE IN INVESTMENT EXPENSES INCLUDED AFTER THE ORIGINAL FILING. SCHEDULE D PART XII LINE 4C AMENDED 19,410 ORIGINAL 0 TO REFLECT NEW TOTAL DUE TO CHANGE IN PART X LINE 4(A) AS NOTED ABOVE. SCHEDULE D APRT XII LINE 5 AMENDED 7,019,201 ORIGINAL 0 TO REFLECT TOTAL EXPENSES PER AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE ORIGINAL FILING. SCHEDULE D PART XIII AMENDED SEE EXPLANATION ORIGINAL NONE SUPPLEMENTAL INFORMATION - TAX EXEMPT STATUS AND TAX POSITIONS SCHEDULE D, PART XIII: ADDITIONAL WORDING HAS BEEN ADDED TO SUPPORT PART X, LINE 2 - 'THE BOARD OF TRUSTEES HAVE NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AS OF FEBRUARY 29, 2024 AND DEBRUARY 28, 2023. AND FOLLOWING WORDING HAVE BEEN REMOVED - 'THE FISCAL YEARS ENDING 2021, 2022, AND 2023 ARE STILL OPEN TO INCOME TAX EXAMINATION.' MASONS & PLASTERERS TRAINING TRUST FUND 2251 NORTH SCHOOL STREET HONOLULU HI 96819 996016431 PROVIDE APPRENTICE AND RETRAINING BENEFITS HI 501(C)(5) N/A 0 MASONS ANNUITY TRUST FUND 2251 NORTH SCHOOL STREET HONOLULU HI 96819 996024001 PROVIDE RETIREMENT BENEFITS HI 401 N/A 0 MASONS HEALTH & WELFARE TRUST FUND 2251 NORTH SCHOOL STREET HONOLULU HI 96819 996014747 PROVIDE HEALTH BENEFITS HI 501(C)(9) N/A 0 MASONS PENSION TRUST FUND 2251 NORTH SCHOOL STREET HONOLULU HI 96819 996012128 PROVIDE RETIREMENT BENEFITS HI 401 N/A 0 MASONS VACATION & HOLIDAY TRUST FUND 2251 NORTH SCHOOL STREET HONOLULU HI 96819 990174790 TO PROVIDE VACATION AND HOLIDAY BENEFITS HI 501(C)(9) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 HAWAII MASONS AND PLASTERERS' ADMINISTRATIVE OFFICE P 2519 PERCENTAGE ALLOCATION