Form 990 for tax year 2024
Filed by FAIR CONTRACTING FOUNDATION OF MINNESOTA.
Totals
- Total revenue
- $1,159,182
- Total expenses
- $1,431,162
- Contributions and grants received
- $0
- Grants paid
- $150,000
- Program service revenue
- $1,036,132
- Investment income
- $123,050
- Other revenue
- $0
- Total assets, end of year
- $3,223,732
- Total liabilities, end of year
- $41,034
- Net assets or fund balances, end of year
- $3,182,698
- Program services expenses (Part IX)
- $1,092,412
- Management and general expenses
- $338,750
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 76.3% 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: HOURLY PAYMENTS
total $942,816 · related or exempt $942,816
-
2b · Program service revenue: PER CAPITA
total $93,316 · related or exempt $93,316
-
3 · Investment income
total $123,050 · related or exempt $123,050
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $150,000 · program services $150,000
-
5 · Compensation of officers, directors and key employees
total $307,227 · program services $245,781 · management and general $61,446
-
7 · Other salaries and wages
total $471,678 · program services $346,848 · management and general $124,830
-
8 · Pension plan contributions
total $66,943 · program services $48,759 · management and general $18,184
-
9 · Other employee benefits
total $112,567 · program services $83,209 · management and general $29,358
-
10 · Payroll taxes
total $52,108 · program services $39,081 · management and general $13,027
-
11c · Fees: accounting
total $6,825 · management and general $6,825
-
11g · Fees: other
total $25,636 · program services $14,736 · management and general $10,900
-
12 · Advertising and promotion
total $43,051 · program services $43,051
-
13 · Office expenses
total $30,906 · program services $17,157 · management and general $13,749
-
14 · Information technology
total $7,760 · program services $6,186 · management and general $1,574
-
16 · Occupancy
total $68,981 · program services $31,692 · management and general $37,289
-
17 · Travel
total $28,375 · program services $28,375
-
22 · Depreciation, depletion and amortization
total $9,107 · management and general $9,107
-
23 · Insurance
total $17,625 · program services $9,657 · management and general $7,968
-
24a · Other expenses: MEMBERSHIPS, REGISTRATION
total $15,350 · program services $13,995 · management and general $1,355
-
24b · Other expenses: INVESTIGATIVE EXPENSE
total $8,708 · program services $8,708
-
24c · Other expenses: EDUCATION
total $5,177 · program services $5,177
-
24d · Other expenses: PROFESSIONAL LICENSES
total $2,508 · management and general $2,508
-
24e · All other expenses
total $630 · management and general $630
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $107,926 · end of year $178,080
-
2 · Savings and temporary cash investments
beginning of year $2,507,949 · end of year $2,392,286
-
10a · Land, buildings and equipment: cost or other basis
$116,198
-
10b · Land, buildings and equipment: accumulated depreciation
$83,580
-
10c · Land, buildings and equipment, net
beginning of year $41,724 · end of year $32,618
-
11 · Investments: publicly traded securities
beginning of year $823,706 · end of year $620,748
-
17 · Accounts payable and accrued expenses
beginning of year $39,771 · end of year $41,034
-
27 · Net assets without donor restrictions
beginning of year $3,441,534 · end of year $3,182,698
Mission and programs · 2024
Mission
FAIR CONTRACTING FOUNDATION ADVANCES THE MUTUAL INTERESTS OF MINNESOTA'S CONSTRUCTION INDUSTRY THROUGH INFORMING AND PETITIONING GOVERNMENT OFFICIALS ON ENFORCEMENT, IDENTIFYING WORK OPPORTUNITIES, PROMOTING ECONOMOIC COMPETITIVENESS, AND SERVING THE BETTERMENT OF THE UNIONIZED INDUSTRY AS A WHOLE.
Activities or mission (Part I)
FAIR CONTRACTING FOUNDATION ADVANCES THE MUTUAL INTERESTS OF MINNESOTA'S CONSTRUCTION INDUSTRY.
-
THE FOUNDATION PROMOTES PREVAILING WAGE LAW EDUCATION, COMPLIANCE AND ENFORCEMENT. IT ADVOCATES FOR PRACTICES, POLICIES AND LAWS THAT ENSURE FAIR GOVERNMENT CONTRACTS, A STRONG LOCAL INDUSTRY AND PROTECTION OF THE PUBLIC INTEREST. THE FOUNDATION, AMONG OTHER THINGS, PERFORMS THE FOLLOWING: ASSISTS WITH DATA PRACTICES REQUESTS; PROVIDES CURRENT PROJECT LISTS BY REGION EACH MONTH; PERFORMS LEGAL RESEARCH; ANALYZES CONTRACT SPECIFICATIONS AND RECORDS; FIELDS TELEPHONE CALLS FROM CONTRACTORS AND WORKERS; BUILDS RELATIONSHIPS WITH GOVERNMENT AGENCIES; WORKS THROUGH DIFFICULT BIDDING ISSUES; PROVIDES FREE TRAINING FOCUSING ON PERFORMING INVESTIGATIVE REVIEWS AND USING GOOD FOLLOW UP TECHNIQUES; AND HELPS COLLECT UNPAID WAGES FOR WORKERS.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mike WildeMIKE WILDE
EXECUTIVE DI
- Total calculated
- $298,761
- From this org
- $239,552
- From related orgs
- $0
- Other
- $59,209
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,962
- Bonus
- not reported
- Other
- $44,590
- Deferred
- $35,933
- Nontaxable benefits
- $23,276
- Filer's total
- $298,761
-
Martha HendricksonMARTHA HENDRICKSON
PRESIDENT/CH
- Total calculated
- $0
- Hours/week
- 2
-
Doug SchroederDOUG SCHROEDER
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 2
-
Dominic AndristDOMINIC ANDRIST
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Mark ConroyMARK CONROY
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Barry DaviesBARRY DAVIES
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Matt FairbanksMATT FAIRBANKS
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Jordan FryJORDAN FRY
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Jeff HeimerlJEFF HEIMERL
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Seth SchroederSETH SCHROEDER
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Mark PothenMARK POTHEN
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Angela SheehanANGELA SHEEHAN
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Joel SmithJOEL SMITH
TRUSTEE, UNI
- Total calculated
- $0
- Hours/week
- 2
-
Dave JoslinDAVE JOSLIN
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
Kevin KrolczykKEVIN KROLCZYK
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
Luke KuhlLUKE KUHL
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
Sam LibkeSAM LIBKE
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
John NesseJOHN NESSE
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
John QuarnstromJOHN QUARNSTROM
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
Bill SullivanBILL SULLIVAN
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
Per UtnePER UTNE
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
-
Tim WorkeTIM WORKE
TRUSTEE, CON
- Total calculated
- $0
- Hours/week
- 2
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
- 3 · Approval by the board or compensation committee
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
-
BUILDING STRONG COMMUNITIES INC
$150,000
PROGRAM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503189349306495
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