Employer / Local 720 Joint Training Trust Report
1st Q 2017
 Courses Taught
Total Classes
Total Students
13
28 481
 2016 Year End Totals
Courses Taught  Total Classes
Total Students
  23 126 1515

MANAGEMENT TRUSTEES

Trust Secretary Treasurer
Mr. Bob Ostrovsky
(Ostrovsky and Associates)

Mr. Pat Bash
(In-House Production)

Mr. Joe Schenk
(PRG)

Ms. Tan Wells
(Freeman Audio Visual)

UNION TRUSTEES

Trust Chairman
Mr. Joe Aldridge
(UNLV Entertainment Engineering/Design Program)

Mr. Jerry Helmuth
(Union President)

Mr. Forrest Hancock
(Union Member)

Mr. Ron Poveromo
(Union Secretary Treasurer)

Mr. John Gorey - Alternate
(Union Business Representative)

TRUST HISTORY

The NRA-IATSE Local 720 Training Trust was established in 1974 under the Labor Management Relations Act, or “Taft-Hartley” Act, which is a law that allows employers to contribute to employee benefit trust funds for pensions, health plans and other benefits, including training. The Employee Retirement Income Security Act, or “ERISA,” also governs the operation of the Trust.

Under the Act, the Trust Fund must be operated by a board of Trustees from both employers (originally represented by the Nevada Resort Association) and the union (Local 720), each side having equal voting power on all decisions. However, the Trust and its board are independent from both the Local and the employers. The Trustees also retain various professionals to help operate the Trust, including an administrator, attorneys, accountant and banks. The board may also include alternate Trustees, who vote only in the absence of a regular Trustee. 

The Trustees establish various policies and training programs, and update them from time to time at periodic Trust meetings, to address emerging issues related to the industry and goals of the Trust.

http://en.wikipedia.org/wiki/ERISA

http://en.wikipedia.org/wiki/Taft-Hartley_Act