Form 990 for tax year 2025
Filed by MINNESOTA TEAMSTERS JOINT COUNCIL NO 32 HEALTH AND WELFARE FUND.
Totals
- Total revenue
- $532,800
- Total expenses
- $555,505
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $349,129
- Investment income
- $183,671
- Other revenue
- $0
- Total assets, end of year
- $2,347,880
- Total liabilities, end of year
- $194,195
- Net assets or fund balances, end of year
- $2,153,685
- 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 $334,825 · related or exempt $334,825
-
2b · Program service revenue: RETIREE LIFE INSURANCE
total $14,304 · related or exempt $14,304
-
3 · Investment income
total $145,130 · excluded $145,130
-
7a · Gross sales of assets other than inventory
securities $477,812
-
7b · Less cost or other basis and sales expenses
securities $439,271
-
7c · Gain or loss
securities $38,541
-
7d · Net gain or loss
total $38,541 · excluded $38,541
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $480,958
-
10 · Payroll taxes
total $34,449
-
11c · Fees: accounting
total $15,000
-
11f · Fees: investment management
total $14,651
-
11g · Fees: other
total $7,205
-
23 · Insurance
total $3,242
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $132,986 · end of year $122,460
-
4 · Accounts receivable
beginning of year $29,251 · end of year $24,417
-
9 · Prepaid expenses and deferred charges
beginning of year $2,231 · end of year $2,879
-
11 · Investments: publicly traded securities
beginning of year $2,058,379 · end of year $2,198,124
-
25 · Other liabilities
beginning of year $291,547 · end of year $194,195
-
29 · Capital stock, trust principal or current funds
beginning of year $1,931,300 · end of year $2,153,685
-
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 $0 · end of year $0
Mission and programs · 2025
Mission
TO PROVIDE SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS.
Activities or mission (Part I)
PROVIDE SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS
-
PAYMENT OF SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS AND BENEFICIARIES AS PROVIDED BY THE SUMMARY PLAN DESCRIPTION.
As filed on the 2025 return.
Listed in Part VII
-
Tom EricksonTOM ERICKSON
PRESIDENT
- Total calculated
- $28,562
- From this org
- $0
- From related orgs
- $24,000
- Other
- $4,562
- Hours/week
- 1 + 5 related
-
Zachary RadzakZACHARY RADZAK
TRUSTEE
- Total calculated
- $12,000
- From this org
- $0
- From related orgs
- $12,000
- Other
- $0
- Hours/week
- 1 + 5 related
-
Kristopher KnightKRISTOPHER KNIGHT
TRUSTEE
- Total calculated
- $12,000
- From this org
- $0
- From related orgs
- $12,000
- Other
- $0
- Hours/week
- 1 + 5 related
-
Brian AldesBRIAN ALDES
SECRETARY-TREASURER
- Total calculated
- $28,740
- From this org
- $0
- From related orgs
- $24,036
- Other
- $4,704
- Hours/week
- 1 + 5 related
-
Michael DebuckMICHAEL DEBUCK
VICE PRESIDENT
- Total calculated
- $23,650
- From this org
- $0
- From related orgs
- $19,235
- Other
- $4,415
- Hours/week
- 1 + 5 related
-
Jesse CaseJESSE CASE
RECORDING SECRETARY
- Total calculated
- $13,800
- From this org
- $0
- From related orgs
- $13,800
- Other
- $0
- Hours/week
- 1 + 5 related
-
Scott LecySCOTT LECY
TRUSTEE
- Total calculated
- $12,000
- From this org
- $0
- From related orgs
- $12,000
- Other
- $0
- Hours/week
- 1 + 5 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.
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.
-
501(C)(5) · LABOR UNION · MN
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 17 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202632609349301603
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