Form 990 for tax year 2022
Filed by ST PAUL ELECTRICAL WORKERS WELFARE FUND.
Totals
- Total revenue
- $53,447,775
- Total expenses
- $47,796,256
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $50,318,267
- Investment income
- $3,050,713
- Other revenue
- $78,795
- Total assets, end of year
- $134,749,360
- Total liabilities, end of year
- $5,833,583
- Net assets or fund balances, end of year
- $128,915,777
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $45,435,390 · related or exempt $45,435,390
-
2b · Program service revenue: PARTICIPANT CONTRIBUTIONS
total $3,302,256 · related or exempt $3,302,256
-
2c · Program service revenue: SUB H&W CONTRIBUTIONS
total $1,580,621 · related or exempt $1,580,621
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3 · Investment income
total $2,911,136 · excluded $2,911,136
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7a · Gross sales of assets other than inventory
securities $39,164,848
-
7b · Less cost or other basis and sales expenses
securities $39,025,271
-
7c · Gain or loss
securities $139,577
-
7d · Net gain or loss
total $139,577 · excluded $139,577
-
11a · Other revenue: TAX OVERPAYMENT REFUND
total $67,210 · related or exempt $67,210
-
11b · Other revenue: OTHER INCOME
total $11,585 · related or exempt $11,585
-
11e · Other revenue, total
$78,795
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $46,813,063
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11a · Fees: management
total $481,500
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11b · Fees: legal
total $83,004
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11c · Fees: accounting
total $36,563
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11f · Fees: investment management
total $219,874
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11g · Fees: other
total $82,725
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13 · Office expenses
total $16,180
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19 · Conferences, conventions and meetings
total $47,340
-
23 · Insurance
total $16,007
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,200,000 · end of year $1,200,000
-
2 · Savings and temporary cash investments
beginning of year $21,170,018 · end of year $19,743,477
-
4 · Accounts receivable
beginning of year $5,764,615 · end of year $5,079,262
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11 · Investments: publicly traded securities
beginning of year $90,785,394 · end of year $103,024,748
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12 · Investments: other securities
beginning of year $6,653,775 · end of year $5,701,873
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15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $8,856 · end of year $131,710
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25 · Other liabilities
beginning of year $6,653,775 · end of year $5,701,873
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29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $118,911,171 · end of year $128,915,777
Mission and programs · 2022
Mission
TO PROVIDE MEDICAL, DENTAL, VISION, AND DISABILITY BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Activities or mission (Part I)
PROVIDE HEALTHCARE FOR MEMBERS
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TO PROVIDE AND MAINTAIN GROUP LIFE, GROUP ACCIDENT, AND HEALTH INSURANCE, INCLUDING GROUP HOSPITALIZATION, MEDICAL AND SURGICAL BENEFITS OR ANY OTHER BENEFITS AS DETERMINED BY THE TRUSTEES FOR THE BENEFIT OF 3,139 PARTICIPANTS AND THEIR BENEFICIARIES.
As filed on the 2022 return.
Listed in Part VII
-
James C SchultJAMES C SCHULT
CHAIRMAN, UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Jamie M McNamaraJAMIE M MCNAMARA
UNION TRUSTEE
- Total calculated
- $216,467
- From this org
- $0
- From related orgs
- $156,218
- Other
- $60,249
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $156,218 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $25,298 related
- Nontaxable benefits
- $0 + $34,951 related
- Filer's total
- $0 + $216,467 related
-
Peter B BourlandPETER B BOURLAND
MGMT TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Brandon P AndersonBRANDON P ANDERSON
ALTERNATE UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
J T PedersenJ T PEDERSEN
MGMT TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Luke KuhlLUKE KUHL
SECRETARY, MGMT TRUSTEE
- Total calculated
- $193,534
- From this org
- $0
- From related orgs
- $150,097
- Other
- $43,437
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $150,097 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $43,437 related
- Filer's total
- $0 + $193,534 related
-
Nate SteinNATE STEIN
ALT MGMT TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Douglas SuchanekDOUGLAS SUCHANEK
ALT UNION TRUSTEE
- Total calculated
- $188,847
- From this org
- $0
- From related orgs
- $132,885
- Other
- $55,962
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $132,885 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $25,593 related
- Nontaxable benefits
- $0 + $30,369 related
- Filer's total
- $0 + $188,847 related
-
Andrew ColvardANDREW COLVARD
ALT MGMT TRUSTEE
- Total calculated
- $123,234
- From this org
- $0
- From related orgs
- $89,318
- Other
- $33,916
- Hours/week
- 1 + 40 related
-
Logan BeereLOGAN BEERE
ALT MGMT TRUSTEE
- Total calculated
- $178,157
- From this org
- $0
- From related orgs
- $125,877
- Other
- $52,280
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $125,877 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,091 related
- Nontaxable benefits
- $0 + $30,189 related
- Filer's total
- $0 + $178,157 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
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RETIREMENT MEDICAL FUNDING PLAN FOR ST PAUL
501(C)(9) · PROVIDE MEDICAL COVERAGE FOR RETIREES · MN
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ST PAUL CONSTRUCTION PENSION PLAN
401(A) · PROVIDE RETIREMENT AND DISABILITY BENEFITS · MN
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ST PAUL ELECTRICAL CONSTRUCTION WORKERS 401(K) PLAN
401(A) · FACILITATE PARTICIPANTS' SAVINGS ON A PRE-TAX BASIS THRU PAYROLL DEDUCTIONS · MN
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ST PAUL ELECTRICAL WORKERS SUPPLEMENTAL PENSION PLAN
401(A) · PROVIDE SUPPLEMENTAL PENSION BENEFITS · MN
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ST PAUL ELECTRICAL WORKERS REGULAR VACATION AND HOLIDAY TRUST
501(C)(9) · PROVIDE VACATION AND HOLIDAY BENEFITS · MN
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METROPOLITAN COUNCIL
-
ST PAUL CHAPTER NAT'L ELEC CONTRACTORS ASSOC
501(C)(6) · SPONSORING ORGANIZATION · MN
-
CITY OF ST PAUL
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IBEW LOCAL UNION 110
501(C)(5) · SPONSORING ORGANIZATION · MN
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ST PAUL AREA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING FUND
501(C)(3) · PROVIDE TRAINING · MN
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LABOR MANAGEMENT JOINT COMM FOR THE SAINT PAUL ELECTRICAL CONT INDUSTRY
501(C)(5) · PROMOTE LABOR-MGMT COOPERATION AND PROMOTE THE INDUSTRY TO THE PUBLIC · MN
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METROPOLITAN MECHANICAL
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0343 LU
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VIKING ELECTRIC INC
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VALLEY ELECTRICAL SERVICES
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0347 LU
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ST PAUL SCHOOLS ISD #625
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ST PAUL FEDERAL CREDIT UNION
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0357 LU
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
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C2 ELECTRIC INC
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CAPISTRANT ELECTRIC LLC
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CASTREJON INCORPORATED
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CGR COMMUNICATIONS INC
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CHOICE ELECTRIC INC
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CROCUS HILL ELECTRIC - GECO CO
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CUMMINS ELECTRIC INC
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D & G ELECTRIC INC
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DELANEY TELECOMMUNICATIONS INC
-
DJ ELECTRIC SERVICES INC
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K & M ELECTRIC INC
-
KEVIN AHLERS ELECTRIC LLC
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LAKERIDGE ELECTRIC LLC
-
MIDWEST ELECTRICAL CONST
-
MILLER CLARK ELECTRIC LLC
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PEC SOLUTIONS LLC
-
PEOPLES ELECTRIC CO INC
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REBEL ELECTRIC LLC
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RSR ELECTRIC
-
SARGE ELECTRIC LLC
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SCHAMMEL ELECTRIC
-
SCHECK MECHANICAL CORP
-
ST PAUL ARENA CO LLC
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THOR ELECTRIC LLC
-
WITZEL ELECTRIC
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WIZARD INSTALLATIONS LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
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0102 LU
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0112 LU
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0113 LU
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0191 LU
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0242 LU
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0280 LU
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0292 LU
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0294 LU
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0302 LU
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0322LU
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0332 LU
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0364 LU
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0570 LU
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0613 LU
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0640 LU
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0714 LU
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1426 LU
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1547 LU
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A & J ELECTRIC CORP
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A & M ELECTRIC
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AB COMM
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ACCORD ELECTRIC INC
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ACE ELECTRICAL CONTRACTORS INC
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ACORN ELECTRIC INC
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ADVANCED SYSTEMS INTEGRATION
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ADVANTAGE POINT GROUP INC
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AFC TECHNOLOGIES LLC
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AFS SYSTEMS INC
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AID ELECTRIC CORP
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AMP'D ELECTRIC LLC
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ANDERSON TECHNOLOGIES INC
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ARCADE ELECTRIC S & K MC INC
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ARVIG - ALL STATE COMMUNICATIO
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ASSURANCE TECHNOLOGIES INC
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B & B ELECTRIC CONST INC
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BANKS ELECTRIC CORPORATION
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BEACON COMMUNICATIONS LLC
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BLOOMINGTON ELECTRIC CO
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BLUESKY ELECTRIC CO
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BOB MARTY ELECTRIC INC
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BROTHERS FIRE & SECURITY
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BYRON ELECTRIC LLC
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CAP ELECTRIC INC
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COLLINS ELECTRICAL
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COLLINS ELECTRICAL CONST CO
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CONNECT ELECTRIC INC
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COUNTRYMAN ELECTRIC
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EGAN COMPANY
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EGAN COMPANY INC-(LEA)
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ELECTRIC BY DESIGN INC
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ELECTRO WATCHMAN INC
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ELEMENT ELECTRIC LLC
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ERICKSON ELECTRIC CO INC
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ERICKSON PLUMBING
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FMH INC
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FOREST LAKE CONTRACTING INC
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FRASER MORRIS ELECTRIC CO
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GB TECHNOLOGIES
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GEPHART ELECTRIC
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GEPHART ELECTRIC CO INC
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GILBERT MECHANICAL CONTRACTORS
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GRANITE LEDGE ELEC CONTR INC
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GREEN CREEK LLC
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GUNNAR ELECTRIC
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HARRIS ST PAUL INC
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HELM ELECTRIC INC
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HI-TECH ELECTRICAL CONTR LLC
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HORWITZ INC
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HUNT ELECTRIC CORP
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INTEGRATED FIRE & SECURITY
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INTERFACE ELECTRIC INC
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J BECHER & ASSOC INC
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KILLMER ELECTRIC CO INC
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KIRTLAND ELECTRIC
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LABORKEY
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LAKES AREA ELECTRIC INC
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LANDMARK ELECTRIC INC
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LANGER ELECTRIC LLC
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LAUGHLIN ELECTRIC & CONSTRUCTI
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LETOURNEAU ELECTRIC INC
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LIFE SAFTEY SYSTEMS INC
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LIMESTONE FIRE AND SECURITY L
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LINDSTROM ELECTRIC LLC
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LOW VOLTAGE CONT
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LVC COMPANIES INC
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M & T ELECTRIC INC
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MANOR ELECTRIC INC
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MASTER ELECTRIC CO INC
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MCK SERVICES INC
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MEDINA ELECTRIC INC
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MERCURY ELECTRIC
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MERIT ELECTRIC CO
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MICHAUD COOLEY ERICKSON
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MODERN ELECTRICAL SOLUTIONS I
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MP TECHNOLOGIES LLC
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MSP ELECTRIC LLC
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MUSKA ELECTRIC CO
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NAC-NORTHERN AIR CORP
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NEI ELECTRIC INC
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NEO ELECTRICAL SOLUTIONS LLC
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NORTHLAND MECHANICAL CONTRACTO
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OLYMPIATECH ELECTRICAL CONT IN
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O'NEILL ELECTRIC INC
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PAUL'S ELECTRIC INC
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PHASOR ELECTRIC CO
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PRAIRIE ELECTRIC CO INC
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PREFERRED ELECTRIC INC
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PREMIER ELECTRICAL CORP
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PRO-TEC DESIGN INC
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PULSE ELECTRIC INC
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RESA SERVICE LLC
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RESERVE TRUST (ER)
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SECURITY CONTROL SYSTEMS INC
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SR MECHANICAL INCORPORATED
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SUPREME ELECTRIC INC
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THE ELECTRIC GUYS INC
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TOTAL CONST & EQUIP INC
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TRU ELECTRIC INC
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TWIN LAKES ELECTRIC LLC
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UHL COMPANY INC
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UNITECH ELECTRONIC CONTRG
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WALLACE ELECTRICAL CONST INC
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WALLRAFF ELECTRIC COMPANY
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WAUSAU ELECTRIC INC
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WDW ELECTRIC LLC
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0002 LU
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0011 LU
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0014 LU
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0022 LU
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0048 LU
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 June 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411799349300421
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