Form 990 for tax year 2022
Filed by MICHIGAN REGIONAL COUNCIL OF CARPENTERS EMPLOYEE BENES VEBA FD.
Totals
- Total revenue
- $83,803,833
- Total expenses
- $78,484,565
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $83,722,237
- Investment income
- $81,596
- Other revenue
- $0
- Total assets, end of year
- $77,008,711
- Total liabilities, end of year
- $54,192,319
- Net assets or fund balances, end of year
- $22,816,392
- 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: EMPLOYER CONTRIBUTIONS
total $70,125,273 · related or exempt $70,125,273
-
2b · Program service revenue: SELF PAYMENTS
total $13,596,964 · related or exempt $13,596,964
-
3 · Investment income
total $1,434,364 · excluded $1,434,364
-
7a · Gross sales of assets other than inventory
securities $22,942,695
-
7b · Less cost or other basis and sales expenses
securities $24,295,463
-
7c · Gain or loss
securities -$1,352,768
-
7d · Net gain or loss
total -$1,352,768 · related or exempt -$1,352,768
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $76,048,959
-
11a · Fees: management
total $1,519,655
-
11b · Fees: legal
total $243,669
-
11c · Fees: accounting
total $46,185
-
11f · Fees: investment management
total $157,827
-
11g · Fees: other
total $23,382
-
13 · Office expenses
total $273,696
-
19 · Conferences, conventions and meetings
total $4,507
-
21 · Payments to affiliates
total $119,016
-
23 · Insurance
total $47,669
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,682,362 · end of year $14,103,756
-
2 · Savings and temporary cash investments
beginning of year $7,698,308 · end of year $1,809,819
-
4 · Accounts receivable
beginning of year $7,771,947 · end of year $7,029,968
-
9 · Prepaid expenses and deferred charges
beginning of year $1,781,122 · end of year $1,354,595
-
11 · Investments: publicly traded securities
beginning of year $46,055,399 · end of year $52,880,794
-
15 · Other assets
beginning of year $389,558 · end of year -$170,221
-
17 · Accounts payable and accrued expenses
beginning of year $48,195 · end of year $58,089
-
25 · Other liabilities
beginning of year $67,401,369 · end of year $54,134,230
-
27 · Net assets without donor restrictions
beginning of year $3,929,132 · end of year $22,816,392
Mission and programs · 2022
Mission
TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS IN ACCORDANCE WITH THE MULTI-EMPLOYER COLLECTIVE BARGAINING AGREEMENT.
-
TO PROVIDE HEALTH & WELFARE BENEFITS TO PARTICIPANTS IN ACCORDANCE WITH THE MULTI-EMPLOYER COLLECTIVE BARGAINING AGREEMENT.
As filed on the 2022 return.
Listed in Part VII
-
Tom LutzTOM LUTZ
CHAIRMAN
- Total calculated
- $395,313
- From this org
- $0
- From related orgs
- $255,490
- Other
- $139,823
- Hours/week
- 1 + 55 related
Schedule J breakdown matched by us
- Base
- not reported + $245,870 related
- Bonus
- not reported
- Other
- not reported + $9,620 related
- Deferred
- not reported + $125,327 related
- Nontaxable benefits
- not reported + $14,496 related
- Filer's total
- not reported + $395,313 related
-
Mike BarnwellMIKE BARNWELL
TRUSTEE
- Total calculated
- $326,997
- From this org
- $0
- From related orgs
- $189,482
- Other
- $137,515
- Hours/week
- 1 + 55 related
Schedule J breakdown matched by us
- Base
- not reported + $176,287 related
- Bonus
- not reported + $600 related
- Other
- not reported + $12,595 related
- Deferred
- not reported + $120,771 related
- Nontaxable benefits
- not reported + $16,744 related
- Filer's total
- not reported + $326,997 related
-
Rich WilliamsonRICH WILLIAMSON
TRUSTEE
- Total calculated
- $245,842
- From this org
- $0
- From related orgs
- $134,108
- Other
- $111,734
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- not reported + $131,988 related
- Bonus
- not reported + $600 related
- Other
- not reported + $1,520 related
- Deferred
- not reported + $96,278 related
- Nontaxable benefits
- not reported + $15,456 related
- Filer's total
- not reported + $245,842 related
-
Paul JewellPAUL JEWELL
TRUSTEE
- Total calculated
- $234,940
- From this org
- $0
- From related orgs
- $124,940
- Other
- $110,000
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- not reported + $98,250 related
- Bonus
- not reported + $600 related
- Other
- not reported + $26,090 related
- Deferred
- not reported + $94,296 related
- Nontaxable benefits
- not reported + $15,704 related
- Filer's total
- not reported + $234,940 related
-
Mike Jackson JrMIKE JACKSON JR
TRUSTEE
- Total calculated
- $212,574
- From this org
- $0
- From related orgs
- $123,051
- Other
- $89,523
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- not reported + $90,901 related
- Bonus
- not reported + $600 related
- Other
- not reported + $31,550 related
- Deferred
- not reported + $74,067 related
- Nontaxable benefits
- not reported + $15,456 related
- Filer's total
- not reported + $212,574 related
-
Dave PehrsonDAVE PEHRSON
TRUSTEE
- Total calculated
- $206,611
- From this org
- $0
- From related orgs
- $122,351
- Other
- $84,260
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- not reported + $122,351 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $72,009 related
- Nontaxable benefits
- not reported + $12,251 related
- Filer's total
- not reported + $206,611 related
-
Bryan DavisBRYAN DAVIS
TRUSTEE
- Total calculated
- $205,511
- From this org
- $0
- From related orgs
- $121,251
- Other
- $84,260
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- not reported + $121,251 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $72,009 related
- Nontaxable benefits
- not reported + $12,251 related
- Filer's total
- not reported + $205,511 related
-
Darin BaydounDARIN BAYDOUN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Todd BegerowskiTODD BEGEROWSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dave EschnerDAVE ESCHNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tom GarzaTOM GARZA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert HalikROBERT HALIK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
James OleksinskiJAMES OLEKSINSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Phil VincentiPHIL VINCENTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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.
-
CARPENTERS FRINGE BENEFIT FUNDS JOINT DELINQUENCY COMMITTEE
501C5 · COLLECTION · MI
-
MI REGIONAL COUNCIL OF CARPENTERS
501C5 · UNION · MI
-
MICHIGAN CHAPTER ASSOCIATED GENERAL CONTRACTORS OF AMERICA
501C6 · ASSOCIATIO · MI
-
ARCHITECTURAL CONTRACTORS TRADE ASSOCIATION
501C6 · ASSOCIATIO · MI
-
CARPENTER CONTRACTORS ASSOCIATION OF DETROIT
501C6 · ASSOCIATIO · MI
-
WASHTENAW CONTRACTORS ASSOCIATION
501C6 · ASSOCIATIO · MI
-
POURED CONCRETE WALL ASSOCIATION
501C6 · ASSOCIATIO · MI
-
MICHIGAN CARPENTRY CONTRACTORS ASSOCIATION
501C6 · ASSOCIATIO · MI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420459349300027
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