2024-02-26T12:56:03-06:00 2023-04-30 320043599 LEGACY PROFESSIONALS LLP 6800 FRANCE AVENUE SO SUITE 550 EDINA MN 55435 990 2022-05-01 410951379 MINNEAPOLIS ELECTRICAL JOINT APPRENTICESHIP & TRAINING TR FUND MINN 7634970072 13100 FRANKFORT PARKWAY ST MICHAEL MN 55376 JOHN AXELSON TRUSTEE - CHAIRMAN 7634970072 2024-02-26 1 JOHN AXELSON 999009999 0 ERIC C BAERTSCH P00964071 9528413950 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN AXELSON 13100 FRANKFORT PARKWAY ST MICHAEL MN 55376 4247728 0 X WWW.MPLSJATC.ORG X 1968 MN APPRENTICESHIP AND TRAINING FUND 8 8 40 0 0 0 0 0 3971176 4234496 2172 1571 20184 11661 3993532 4247728 439626 373518 0 0 2273428 2410348 0 0 0 1067620 1292758 3780674 4076624 212858 171104 7123310 7361392 469197 548070 6654113 6813322 APPRENTICESHIP AND TRAINING FUND 0 0 2829359 373518 4234496 ADMINISTER APPRENTICE AND TRAINING PROGRAMS FOR THE ELECTRICAL CONTRACTING INDUSTRY. 2829359 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 344 0 1 40 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X DERRICK ATKINS 7634970072 13100 FRANKFORT PARKWAY ST MICHAEL MN 55376 X JERRY BECHER TRUSTEE 1.00 X 0 0 0 DAVID MANDERSON TRUSTEE 1.00 X 0 0 0 JOHN AXELSON TRUSTEE - CHAIRMAN 1.30 X 0 0 0 DAN FERGUSON TRUSTEE - SECRETARY 1.30 X 0 0 0 KURT MOBROTEN TRUSTEE 1.00 X 0 0 0 JEFFREY HEIMERL TRUSTEE 1.00 X 0 0 0 KYLE RAASCH TRUSTEE 1.00 X 0 0 0 WHITNEY HUNTER TRUSTEE 1.00 X 0 0 0 GORDON MITCHELL ASST TRAINING DIRECTOR 44.00 X 138014 0 52555 TREVOR TUREK ASST TRAINING DIRECTOR 44.00 X 136797 0 48546 PAUL HOLUM INSTRUCTOR 44.00 X 141004 0 47918 DERRICK ATKINS TRAINING DIRECTOR 46.00 X 143519 0 50801 GREGORY HAYENGA INSTRUCTOR 44.00 X 132094 0 52001 691428 0 251821 10 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 3202875 3202875 STUDENT STIPENDS 900099 704023 704023 TUITION 900099 211845 211845 CONTINUING EDUCATION 900099 84283 84283 APPLICATION FEES 900099 25470 25470 6000 6000 4234496 1571 1571 OTHER INCOME 900099 11661 11661 11661 4247728 4234496 0 13232 373518 373518 1685835 1076315 609520 343800 212563 131237 251881 145133 106748 128832 84816 44016 7650 7650 18000 18000 23948 23948 110566 110566 40733 40733 402652 402652 10139 10139 76496 76496 141265 60414 80851 16430 16430 TRAINING SUPPLIES 357491 357491 APPLICANT RECRUITMENT 47427 47427 TUITION/CLASS FEES 39961 39961 4076624 2829359 1247265 0 200 200 2098956 1936100 649660 677302 25814 20202 7878600 4659297 3359107 3219303 989573 1377678 0 130607 7123310 7361392 51078 58134 418119 489936 469197 548070 X 0 0 0 0 6654113 6813322 6654113 6813322 7123310 7361392 171104 -11895 0 X 0 1 X 1 0 X 0 199381 199381 5145638 2770728 2374910 1566035 1389762 176273 967546 498807 468739 3219303 JACKSON NATIONAL POLICY 10/2024 151030 C JACKSON NATIONAL POLICY 11/2026 248916 C ATHENE ANNUITY POLICIES 873071 C GREAT AMERICAN ANNUITY POLICY 104661 C 1377678 ACCRUED VACATION PAY 87528 ACCRUED REAL ESTATE TAXES 937 STUDENT STIPEND REIMBURSEMENT 235467 PAYROLL WITHHOLDINGS NOT REMITTED AT YEAR END 11081 OPERATING LEASE LIABILITIES 130607 ACCRUED WAGES 24316 489936 X 4235833 -11895 -11895 4247728 0 4247728 4076624 0 4076624 0 4076624 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FUND TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE TRAINING FUND HAS PUBLICIZED ITS RACIAL NONDISCRIMINATORY POLICY THROUGH THE STAR TRIBUNE AND ST. CLOUD TIMES. BOTH OF WHICH ARE NEWSPAPER MEDIA. THE TRAINING FUND ALSO INCLUDES THIS STATEMENT ON ITS APPLICATIONS AND WEBSITE. SCHEDULE E, PART I, LINE 6 THE FUND RECEIVES GOVERNMENT FINANCIAL AID FROM THE MINNESOTA GI BILL PROGRAM. 1 STUDENT TEXTBOOKS 415 178921 STUDENT SCHOLARSHIP 353 194597 PART I, LINE 2: THE TRAINING FUND TRUSTEES EXERCISE DUE DILIGENCE PRIOR TO ISSUING SCHOLARSHIPS. SCHOLARSHIPS ARE MADE FOR THE GENERAL USE OF THE STUDENTS WHO RECEIVE THEM. A STUDENT MUST MAINTAIN ADEQUATE ATTENDANCE AND GRADE POINT AVERAGE IN ORDER TO BECOME ELIGIBLE FOR A SCHOLARSHIP. DOCUMENTATION FOR ALL SCHOLARSHIPS IS RETAINED AT THE TRAINING FUND OFFICE. X X 0 0 0 0 0 0 0 0 0 DERRICK ATKINS TRAINING DIRECTOR 143519 0 0 0 0 0 32393 0 18408 0 194320 0 0 0 GORDON MITCHELL ASST TRAINING DIRECTOR 138014 0 0 0 0 0 30377 0 22178 0 190569 0 0 0 PAUL HOLUM INSTRUCTOR 141004 0 0 0 0 0 29510 0 18408 0 188922 0 0 0 TREVOR TUREK ASST TRAINING DIRECTOR 136797 0 0 0 0 0 30138 0 18408 0 185343 0 0 0 GREGORY HAYENGA INSTRUCTOR 132094 0 0 0 0 0 29152 0 22849 0 184095 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE FUND SHALL BE ADMINISTERED BY A BOARD OF TRUSTEES WHICH SHALL BE COMPRISED OF EIGHT TRUSTEES, FOUR OF WHOM SHALL BE APPOINTED BY THE UNION AND SHALL ACT AS EMPLOYEE TRUSTEES, AND FOUR OF WHOM SHALL BE APPOINTED BY THE ASSOCIATION AND SHALL ACT AS EMPLOYER TRUSTEES. IN THE EVENT A VACANCY SHALL OCCUR, A SUCCESSOR TRUSTEE SHALL BE IMMEDIATELY APPOINTED BY THE PARTY HAVING AUTHORITY AS DESCRIBED ABOVE. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO AND REVIEWED BY THE TRAINING DIRECTOR AND THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FUND HAS ADOPTED A CONFLICT OF INTEREST POLICY WHEREBY ANNUALLY EACH TRUSTEE OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, 2) HAS READ AND UNDERSTANDS THE POLICY, 3) HAS AGREED TO COMPLY WITH THE POLICY, AND 4) UNDERSTANDS THE FUND IS TAX-EXEMPT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC. THESE DOCUMENTS CAN BE OBTAINED BY REQUEST AT THE FUND'S OFFICE IN ST. MICHAEL, MN.