Form 990 for tax year 2023
Filed by LABORERS 563 BUILDING CORPORATION.
Totals
- Total revenue
- $86,527
- Total expenses
- $338,831
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $99,079
- Investment income
- $370
- Other revenue
- -$12,922
- Total assets, end of year
- $14,276,854
- Total liabilities, end of year
- $2,483,762
- Net assets or fund balances, end of year
- $11,793,092
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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: REGULAR DUES
total $99,079 · related or exempt $99,079
-
3 · Investment income
total $370 · excluded $370
-
6a · Gross rents
real property $22,050
-
6b · Less rental expenses
real property $52,541
-
6c · Rental income or loss
real property -$30,491
-
6d · Net rental income or loss
total -$30,491 · excluded -$30,491
-
11a · Other revenue: 12TH AVE PARKING LOT
total $17,569 · unrelated business $17,569
-
11e · Other revenue, total
$17,569
Functional expenses
Part IX, the statement of functional expenses.
-
16 · Occupancy
total $249,241
-
22 · Depreciation, depletion and amortization
total $88,140
-
24a · Other expenses: MISCELLANEOUS
total $1,300
-
24b · Other expenses: BANK FEES
total $150
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $52,075 · end of year $1,576,062
-
7 · Other notes and loans receivable
beginning of year $2,307 · end of year $335
-
10a · Land, buildings and equipment: cost or other basis
$13,674,554
-
10b · Land, buildings and equipment: accumulated depreciation
$974,097
-
10c · Land, buildings and equipment, net
beginning of year $2,803,375 · end of year $12,700,457
-
15 · Other assets
beginning of year $2,527,569
-
23 · Secured mortgages and notes payable
end of year $2,483,762
-
27 · Net assets without donor restrictions
beginning of year $5,385,326 · end of year $11,793,092
Mission and programs · 2023
Mission
THE BUILDING CORPORATION OWNS THE BUILDING WHICH IS THE HEADQUARTERS FOR LOCAL UNION 563, WHOSE PURPOSE IS TO SUPPORT WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
-
TO OWN AND OPERATE THE BUILDING FOR LOCAL 563 - A UNION WHOSE PURPOSE IS TO SUPPORT WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
As filed on the 2023 return.
Listed in Part VII
-
Joe FowlerJOE FOWLER
BUSINESS MAN
- Total calculated
- $301,080
- From this org
- $0
- From related orgs
- $196,734
- Other
- $104,346
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $190,021 related
- Bonus
- not reported
- Other
- not reported + $6,713 related
- Deferred
- not reported + $83,628 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $301,080 related
-
Daniel BradyDANIEL BRADY
FIN SEC/TREA
- Total calculated
- $284,206
- From this org
- $0
- From related orgs
- $184,258
- Other
- $99,948
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $179,315 related
- Bonus
- not reported
- Other
- not reported + $4,943 related
- Deferred
- not reported + $79,230 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $284,206 related
-
Keith PetersonKEITH PETERSON
ASST BUSINES
- Total calculated
- $250,530
- From this org
- $0
- From related orgs
- $159,919
- Other
- $90,611
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $153,899 related
- Bonus
- not reported
- Other
- not reported + $6,020 related
- Deferred
- not reported + $69,893 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $250,530 related
-
Nicholas SlavicekNICHOLAS SLAVICEK
BUSINESS AGE
- Total calculated
- $243,063
- From this org
- $0
- From related orgs
- $154,452
- Other
- $88,611
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $148,693 related
- Bonus
- not reported
- Other
- not reported + $5,759 related
- Deferred
- not reported + $67,893 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $243,063 related
-
Stacey KarelsSTACEY KARELS
BUSINESS AGE
- Total calculated
- $234,668
- From this org
- $0
- From related orgs
- $148,120
- Other
- $86,548
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $144,848 related
- Bonus
- not reported
- Other
- not reported + $3,272 related
- Deferred
- not reported + $65,830 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $234,668 related
-
Steve ZuponSTEVE ZUPON
BUSINESS AGE
- Total calculated
- $234,303
- From this org
- $0
- From related orgs
- $147,717
- Other
- $86,586
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $144,848 related
- Bonus
- not reported
- Other
- not reported + $2,869 related
- Deferred
- not reported + $65,868 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $234,303 related
-
Sterling SandersSTERLING SANDERS
JOB DISPATCH
- Total calculated
- $234,189
- From this org
- $0
- From related orgs
- $147,721
- Other
- $86,468
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $144,848 related
- Bonus
- not reported
- Other
- not reported + $2,873 related
- Deferred
- not reported + $65,750 related
- Nontaxable benefits
- not reported + $20,718 related
- Filer's total
- not reported + $234,189 related
-
Laurie JohnsonLAURIE JOHNSON
PRESIDENT
- Total calculated
- $6,500
- From this org
- $0
- From related orgs
- $6,500
- Other
- $0
- Hours/week
- 1 + 3 related
-
Dean MillsDEAN MILLS
VICE PRESIDE
- Total calculated
- $5,525
- From this org
- $0
- From related orgs
- $5,525
- Other
- $0
- Hours/week
- 1 + 2 related
-
Todd MutchTODD MUTCH
RECORDING SE
- Total calculated
- $5,525
- From this org
- $0
- From related orgs
- $5,525
- Other
- $0
- Hours/week
- 1 + 2 related
-
Mark AsherMARK ASHER
BOARD MEMBER
- Total calculated
- $5,200
- From this org
- $0
- From related orgs
- $5,200
- Other
- $0
- Hours/week
- 1 + 2 related
-
Octavio ChungOCTAVIO CHUNG
BOARD MEMBER
- Total calculated
- $5,200
- From this org
- $0
- From related orgs
- $5,200
- Other
- $0
- Hours/week
- 1 + 2 related
-
Kory KreagerKORY KREAGER
AUDITOR
- Total calculated
- $3,188
- From this org
- $0
- From related orgs
- $3,188
- Other
- $0
- Hours/week
- 0.5 + 0.5 related
-
Gwendolyn CookGWENDOLYN COOK
AUDITOR
- Total calculated
- $2,997
- From this org
- $0
- From related orgs
- $2,997
- Other
- $0
- Hours/week
- 0.5 + 0.5 related
-
Carly WordelmanCARLY WORDELMAN
AUDITOR
- Total calculated
- $2,604
- From this org
- $0
- From related orgs
- $2,604
- Other
- $0
- Hours/week
- 0.5 + 0.5 related
-
Kris KleinKRIS KLEIN
SERGEANT-AT-
- Total calculated
- $2,600
- From this org
- $0
- From related orgs
- $2,600
- Other
- $0
- Hours/week
- 1 + 1 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.
-
CONSTRUCTION AND GENERAL LABORERS UNION LOCAL 563
501C5 · USES BUILD · MN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433119349301623
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