MINNESOTA TEAMSTERS JOINT COUNCIL NO 32 HEALTH AND WELFARE FUND

Address
3001 UNIVERSITY AVENUE SE
MINNEAPOLIS, MN 55414
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
PF filing required0    
Metropolitan statistical area5120
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00  
Number of employees6614  
Number of people compensated >$100k000  
Number of volunteers000  
Number of highly compensated contractors000  
Personnel
Aldes, Brian
TitleTRUSTEERECORDING SECRETARYTRUSTEE  
Name of key/compensated personBRIAN ALDESBRIAN ALDESBRIAN ALDES  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $11,400.00$9,900.00$7,200.00  
Average hours per week working for related orgs5.005.005.00  
Alstead, Roderick
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personRODERICK ALSTEADRODERICK ALSTEADRODERICK ALSTEAD  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $9,600.00$9,600.00$7,200.00  
Average hours per week working for related orgs5.005.005.00  
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
TitleTRUSTEETRUSTEE   
Name of key/compensated personRICHARD ERICKSONRICHARD ERICKSON   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
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$1,600.00   
Average hours per week working for related orgs5.005.00   
Gelhar, Scott
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personSCOTT GELHARSCOTT GELHARSCOTT GELHAR  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $9,600.00$9,600.00$7,200.00  
Average hours per week working for related orgs5.005.005.00  
Lawrence, Trevor
TitleTRUSTEEVICE PRESIDENTRECORDING SECRETARY  
Name of key/compensated personTREVOR LAWRENCETREVOR LAWRENCETREVOR LAWRENCE  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$4,592.00$337.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $16,800.00$12,300.00$9,000.00  
Average hours per week working for related orgs5.005.005.00  
Perleberg, Wayne
TitleSECRETARYSECRETARY TREASURERVICE PRESIDENT  
Name of key/compensated personWAYNE PERLEBERGWAYNE PERLEBERGWAYNE PERLEBERG  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$4,592.00$4,592.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $21,600.00$17,600.00$16,800.00  
Average hours per week working for related orgs5.005.005.00  
Yoswa, Lawrence
TitleCHAIRMANPRESIDENTPRESIDENT  
Name of key/compensated personLAWRENCE YOSWALAWRENCE YOSWALAWRENCE YOSWA  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$4,592.00$4,592.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $21,830.00$21,712.00$21,836.00  
Average hours per week working for related orgs5.005.005.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDE SEVERANCE PAY AND SUPPLEMENTAL LIFE INSURANCE BENEFITSPROVIDE 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 descriptionPAYMENT 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.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  
Revenue from contributions (total)  $0.00$0.00$0.00
Investment income, current yr$70,805.00$18,347.00$37,896.00  
Total revenue from grants, etc., current yr$0.00$0.00$0.00  
Total unrelated business revenue$0.00$0.00$0.00  
Other revenue, current yr$0.00$3.00$43.00  
Net unrelated business taxable revenue$0.00$0.00$0.00  
Program service revenue (total)$287,388.00$294,187.00$288,872.00$279,185.00$285,455.00
Gross receipts$500,355.00$348,756.00$582,329.00  
Other types of revenue
Miscellaneous revenue (total) $3.00$43.00  
Income from dividends, interest, and similar investments$47,683.00$13,934.00$18,390.00  
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$184,451.00$220,038.00$369,610.00  
Fees for services
Legal fees (total)  $728.00  
Fundraising service fees (total)$0.00$0.00$0.00  
Investment management fees (total)$6,603.00$5,849.00$6,324.00  
Assets and liabilities
Total assets$1,645,450.00$1,384,632.00$1,236,076.00$1,362,813.00$1,540,417.00
Total assets, beginning of year$1,384,632.00$1,236,076.00$1,362,813.00  
Total liabilities$66,965.00$33,410.00$99,407.00$175,875.00$167,563.00
Total liabilities, beginning of year$33,410.00$99,407.00$175,875.00  
Net assets$1,578,485.00$1,351,222.00$1,136,669.00  
Net assets, beginning of year$1,351,222.00$1,136,669.00$1,186,938.00  
Other liabilities$62,965.00$33,410.00$98,945.00  
Investments: publicly traded securities$1,288,513.00$1,142,579.00$1,074,328.00  
Other financial variables
Revenue less expenses$173,742.00$92,499.00-$42,799.00  
Savings & temp cash investment$330,980.00$216,385.00$136,962.00  
Accounts receivable, net$23,028.00$22,670.00$22,006.00  
Prepaid expenses & deferred charges$2,929.00$2,998.00$2,780.00  
Accounts payable & accrued expenses$4,000.00 $462.00  
Total net assets or fund balances$1,578,485.00$1,351,222.00$1,136,669.00  
Payment to affiliates$1,150.00$1,105.00$945.00  
Governance and accountability
Number of voting members766  
Number of independent voting members000  
Financial sheets auditedTrueTrueTrue  
Accrual accountingTrueTrueTrue  
Tax year start date2017-01-012016-01-012015-01-01  
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990  
Date e-filing submitted2018-10-032017-10-182016-10-05  
IRS schema version2017v2.22016v3.02015v2.1  
Filing identifier201832009349300728201722119349300302201621489349300227  
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