Form 990 for tax year 2023
Filed by TWIN CITIES FLOOR COVERING INDUSTRY FRINGE BENEFIT TRUST FUND.
Totals
- Total revenue
- $648,795
- Total expenses
- $595,142
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $624,475
- Investment income
- $24,320
- Other revenue
- $0
- Total assets, end of year
- $1,269,966
- Total liabilities, end of year
- $247,803
- Net assets or fund balances, end of year
- $1,022,163
- 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 $624,475 · related or exempt $624,475
-
3 · Investment income
total $24,320 · excluded $24,320
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $107,941
-
7 · Other salaries and wages
total $97,037
-
8 · Pension plan contributions
total $37,500
-
9 · Other employee benefits
total $74,106
-
10 · Payroll taxes
total $15,932
-
11b · Fees: legal
total $13,032
-
11c · Fees: accounting
total $20,685
-
13 · Office expenses
total $44,462
-
14 · Information technology
total $3,200
-
16 · Occupancy
total $163,398
-
19 · Conferences, conventions and meetings
total $128
-
22 · Depreciation, depletion and amortization
total $3,761
-
23 · Insurance
total $3,852
-
24a · Other expenses: OTHER EXPENSES
total $8,846
-
24b · Other expenses: ADMIN EXPENSES
total $840
-
24c · Other expenses: MEMBERSHIP FEES
total $422
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $223,401 · end of year $232,631
-
2 · Savings and temporary cash investments
beginning of year $700,000 · end of year $700,000
-
4 · Accounts receivable
beginning of year $58,976 · end of year $110,002
-
6 · Loans and receivables from disqualified persons
beginning of year $8,024 · end of year $8,586
-
10a · Land, buildings and equipment: cost or other basis
$126,059
-
10b · Land, buildings and equipment: accumulated depreciation
$118,968
-
10c · Land, buildings and equipment, net
beginning of year $9,052 · end of year $7,091
-
15 · Other assets
beginning of year $355,898 · end of year $211,656
-
17 · Accounts payable and accrued expenses
beginning of year $30,943 · end of year $36,147
-
25 · Other liabilities
beginning of year $355,898 · end of year $211,656
-
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 $968,510 · end of year $1,022,163
Mission and programs · 2023
Mission
PROVIDES AN APPRENTICESHIP PROGRAM TO ITS ELIGIBLE MEMBERS.
-
PROVIDING AN APPRENTICESHIP PROGRAM TO APPROXIMATELY 87 ELIGIBLE MEMBERS.
As filed on the 2023 return.
Listed in Part VII
-
Rick BattisRICK BATTIS
EMPLOYER TRUSTEE/CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 42 related
-
Don MurzynDON MURZYN
EMPLOYER TRUSTEE/ALTERNATE
- Total calculated
- $0
- Hours/week
- 1 + 42 related
-
John NesseJOHN NESSE
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Ben CoplanBEN COPLAN
UNION TRUSTEE
- Total calculated
- $298,823
- From this org
- $0
- From related orgs
- $118,168
- Other
- $180,655
- Hours/week
- 1 + 47 related
Schedule J breakdown matched by us
- Base
- $0 + $118,168 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $153,079 related
- Nontaxable benefits
- $0 + $27,576 related
- Filer's total
- $0 + $298,823 related
-
Adam JohnsonADAM JOHNSON
UNION TRUSTEE
- Total calculated
- $274,897
- From this org
- $0
- From related orgs
- $121,315
- Other
- $153,582
- Hours/week
- 1 + 47 related
Schedule J breakdown matched by us
- Base
- $0 + $121,315 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $126,006 related
- Nontaxable benefits
- $0 + $27,576 related
- Filer's total
- $0 + $274,897 related
-
Dominic AndristDOMINIC ANDRIST
UNION TRUSTEE/SECRETARY
- Total calculated
- $266,760
- From this org
- $0
- From related orgs
- $157,863
- Other
- $108,897
- Hours/week
- 1 + 53 related
Schedule J breakdown matched by us
- Base
- $0 + $157,863 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $78,256 related
- Nontaxable benefits
- $0 + $30,641 related
- Filer's total
- $0 + $266,760 related
-
Robb NelsonROBB NELSON
UNION TRUSTEE/ALTERNATE
- Total calculated
- $283,031
- From this org
- $0
- From related orgs
- $170,880
- Other
- $112,151
- Hours/week
- 1 + 53 related
Schedule J breakdown matched by us
- Base
- $0 + $170,880 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $81,510 related
- Nontaxable benefits
- $0 + $30,641 related
- Filer's total
- $0 + $283,031 related
-
Jessica ScrabeckJESSICA SCRABECK
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 42 related
-
Chris FavreauCHRIS FAVREAU
TRAINING DIRECTOR
- Total calculated
- $125,427
- From this org
- $105,607
- From related orgs
- $0
- Other
- $19,820
- Hours/week
- 40 + 1 related
-
Andrew PowersANDREW POWERS
EMPLOYER TRUSTEE/ALTERNATE
- Total calculated
- $0
- Hours/week
- 1 + 42 related
-
Jon MahanJON MAHAN
UNION TRUSTEE
- Total calculated
- $355,555
- From this org
- $0
- From related orgs
- $143,062
- Other
- $212,493
- Hours/week
- 1 + 52 related
Schedule J breakdown matched by us
- Base
- $0 + $143,062 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $181,852 related
- Nontaxable benefits
- $0 + $30,641 related
- Filer's total
- $0 + $355,555 related
-
Ryan PonthanRYAN PONTHAN
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 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.
-
TWIN CITY FLOOR COVERING INDUSTRY PENSION FUND
401A · TO PROVIDE RETIREMENT BENEFITS TO UNION MEMBERS · MN
-
TWIN CITY FLOOR COVERING LABOR-MANAGEMENT COOPERATION FUND
501(C)(6) · EXPAND RELATIONSHIPS BETWEEN WORKERS, MANAGERS AND THE PUBLIC. · MN
-
MINNESOTA FLOORCOVERING CONTRACTORS ASSOCIATION
501(C)(6) · TO PROMOTE AND EDUCATE ABOUT THE FLOOCOVERING INDUSTRY · MN
-
MINNESOTA STATE INTERIOR SYSTEMS LOCAL 68
501(C)(5) · TO PROMOTE AND PROTECT THE INTEREST OF THE MEMBERSHIP · MN
-
NORTH CENTRAL STATES REGIONAL COUNCIL
CONTRIBUTING EMPLOYER
-
TCFC EDUCATION FUND
CONTRIBUTING EMPLOYER
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.
-
ACT GLOBAL
-
CITYWIDE WOOD FLOORS
-
COMMERCIAL FLOORING
-
COMMERCIAL FLOORING
-
COMMERCIAL FLOORING SVCS LLC
-
CUSTOM FLOORS LLC
-
JOHNSON CARPET
-
P & R CONTRACTING INC
-
UNITED INSTALLATION SER
-
VIKING COMMERCIAL INTERIORS
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ACOUSTICS ASSOCIATES INC
-
ADVANCEMENTS IN FLOORING
-
ALPINE INDUSTRIES LLC
-
ARCHITECTURAL SALES INC
-
BECKERS INC
-
CARLON CONTRACT FLOORING
-
CONTRACT TILE & CARPET
-
D & J FLOORING INC
-
EDGE FLOORING INC
-
FLOOR TECHNOLOGIES INC
-
IMPACT FLOORING INC
-
LAVAN FLOOR COVERING
-
MAJESTIC FLOORING INC
-
MASTER FLOORS INC
-
MED CITY INSTALLATION LLC
-
MORAN'S HARDWOOD FLOORS LLC
-
NATUS INSTALLATIONS
-
PALMER-SODERBERG INC
-
PLATINUM FLOORCOVERING MN INC
-
PREMIUM CARPET INSTALLATIONS
-
REILING CONST CO
-
RESILIENT FLOORING LLC
-
SCHLEIS FLOOR COVERING
-
SCHNEIDER CO
-
SONUS INTERIORS INC
-
ST PAUL LINOLEUM CARPET
-
TCL FLOOR COVERING
-
TWIN CITY TILE AND MARBLE CO
-
ZIEMS CARPET WORKROOM INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540649349300634
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