MINNESOTA TEAMSTERS JOINT COUNCIL NO 32 HEALTH AND WELFARE FUND

Address
3001 UNIVERSITY AVENUE SE
MINNEAPOLIS, MN 55414-3340
Contact
Phone: +1 (612) 331-6767
Nonprofit
NTEE: Y43 - Voluntary Employees Beneficiary Associations (Non-Government)
EIN: 41-1459141

Mission

TO PROVIDE SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS
 20172016201520142013
Basic features of the organization
Year of formation1983
Subsection code09
Form of organization
TrustTrue
Metropolitan statistical area5120
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation $0.00$0.00  
Number of employees 614  
Number of people compensated >$100k 00  
Number of volunteers 00  
Number of highly compensated contractors 00  
Personnel
Aldes, Brian
Title RECORDING SECRETARYTRUSTEE  
Name of key/compensated person BRIAN ALDESBRIAN ALDES  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $9,900.00$7,200.00  
Average hours per week working for related orgs 5.005.00  
Alstead, Roderick
Title TRUSTEETRUSTEE  
Name of key/compensated person RODERICK ALSTEADRODERICK ALSTEAD  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $9,600.00$7,200.00  
Average hours per week working for related orgs 5.005.00  
Dunham, Gary
Title SECRETARY TREASURER - PASTSECRETARY TREASURER  
Name of key/compensated person GARY DUNHAMGARY DUNHAM  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $4,255.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $18,000.00$21,600.00  
Average hours per week working for related orgs 5.005.00  
Erickson, Richard
Title TRUSTEE   
Name of key/compensated person RICHARD ERICKSON   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $1,600.00   
Average hours per week working for related orgs 5.00   
Gelhar, Scott
Title TRUSTEETRUSTEE  
Name of key/compensated person SCOTT GELHARSCOTT GELHAR  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $9,600.00$7,200.00  
Average hours per week working for related orgs 5.005.00  
Lawrence, Trevor
Title VICE PRESIDENTRECORDING SECRETARY  
Name of key/compensated person TREVOR LAWRENCETREVOR LAWRENCE  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $337.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $12,300.00$9,000.00  
Average hours per week working for related orgs 5.005.00  
Perleberg, Wayne
Title SECRETARY TREASURERVICE PRESIDENT  
Name of key/compensated person WAYNE PERLEBERGWAYNE PERLEBERG  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $4,592.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $17,600.00$16,800.00  
Average hours per week working for related orgs 5.005.00  
Yoswa, Lawrence
Title PRESIDENTPRESIDENT  
Name of key/compensated person LAWRENCE YOSWALAWRENCE YOSWA  
Position of compensated person
Current individual trustee or director TrueTrue  
Average hours per week working for org 1.001.00  
Reportable compensation from org $0.00$0.00  
Other comp, non-reportable, from org and related orgs $4,592.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs  $21,712.00$21,836.00  
Average hours per week working for related orgs 5.005.00  
Purpose: mission, activities, & accomplishments
Mission or significant activities PROVIDE SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITSPROVIDE SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS  
Programs, including revenue & expenses
PAYMENT OF SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS AND BENEFICIARIES AS PROVIDED BY THE SUMMARY PLAN DESCRIPTION.
Program description PAYMENT OF SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS AND BENEFICIARIES AS PROVIDED BY THE SUMMARY PLAN DESCRIPTION.PAYMENT OF SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS AND BENEFICIARIES AS PROVIDED BY THE SUMMARY PLAN DESCRIPTION.  
Financial data
Revenue
Total revenue$358,193.00$312,537.00$326,811.00  
Investment income, current yr $18,347.00$37,896.00  
Total revenue from grants, etc., current yr $0.00$0.00  
Other revenue, current yr $3.00$43.00  
Net unrelated business taxable revenue $0.00$0.00  
Program service revenue (total) $294,187.00$288,872.00  
Other types of revenue
Miscellaneous revenue (total) $3.00$43.00  
Investment income $13,934.00$18,390.00  
Expense categories (totals)
Total functional expenses: sum of all $220,038.00$369,610.00  
Fees for services
Legal fees (total)  $728.00  
Fundraising service fees (total) $0.00$0.00  
Investment management fees (total) $5,849.00$6,324.00  
Assets and liabilities
Total assets$1,645,450.00$1,384,632.00$1,236,076.00  
Total assets, beginning of year $1,236,076.00$1,362,813.00  
Total liabilities $33,410.00$99,407.00  
Total liabilities, beginning of year $99,407.00$175,875.00  
Net assets $1,351,222.00$1,136,669.00  
Net assets, beginning of year $1,136,669.00$1,186,938.00  
Other liabilities $33,410.00$98,945.00  
Investments: publicly traded securities $1,142,579.00$1,074,328.00  
Other financial variables
Revenue less expenses $92,499.00-$42,799.00  
Savings & temp cash investment $216,385.00$136,962.00  
Accounts receivable, net $22,670.00$22,006.00  
Prepaid expenses & deferred charges $2,998.00$2,780.00  
Accounts payable & accrued expenses  $462.00  
Total net assets or fund balances $1,351,222.00$1,136,669.00  
Payment to affiliates $1,105.00$945.00  
Governance and accountability
Number of voting members 66  
Number of independent voting members 00  
Financial sheets were audited TrueTrue  
Accrual accounting TrueTrue  
Tax year start date 2016-01-012015-01-01  
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF 990990  
IRS schema version 2016v3.02015v2.1  
Filing identifier 201722119349300302201621489349300227  
Use these data in your project Benchmark this organization against its peers