2024-03-14T10:45:28-05:00 2023-06-30 320043599 LEGACY PROFESSIONALS LLP 6800 FRANCE AVENUE SO SUITE 550 EDINA MN 55435 990 2022-07-01 411296033 FINISHING TRADES INSTITUTE OF THE UPPER MIDWEST TRUST FUND FINI 6513799600 3205 COUNTRY DRIVE 150 LITTLE CANADA MN 55117 JEFF STARK CHAIRMAN 6513799600 2024-02-29 1 JEFF STARK 999009999 0 ERIC C BAERTSCH P00964071 9528413950 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF STARK 3205 COUNTRY DRIVE 150 LITTLE CANADA MN 55117 3126245 0 X WWW.FTIUM.EDU X 1977 MN APPRENTICESHIP TRAINING FUND 6 6 25 0 0 0 170644 524186 2513949 2536772 5811 63266 6707 2021 2697111 3126245 0 0 0 0 1612189 2050678 0 0 0 1235646 1391021 2847835 3441699 -150724 -315454 3359502 3279322 185588 420862 3173914 2858460 APPRENTICESHIP AND TRAINING PROGRAM. 0 0 2155954 2536772 ESTABLISH AND CARRY ON APPRENTICESHIP AND JOURNEYMAN TRAINING PROGRAMS FOR PERSONS IN THE BUSINESS OF PAINTING, DECORATING, DRYWALL FINISHING, GLAZING AND GLASSWORKING, AND IN SUCH OTHER BUSINESSES AS THE TRUSTEES SHALL DETERMINE. 2155954 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 25 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 MN X JOHN BURCAW CHIEF ADMIN OFFICER 6513799600 3205 COUNTRY DRIVE 150 LITTLE CANADA MN 55117 X JEFF STARK CHAIRMAN 2.00 X X 0 0 0 CRAIG PECK TRUSTEE 1.00 X 0 0 0 JORDAN FRY TRUSTEE 1.00 X 0 0 0 SCOTT PARKER ALTERNATE TRUSTEE 0.50 X 0 0 0 TERESA ELLIS ALTERNATE TRUSTEE 0.50 X 0 0 0 JON PIETZ ALTERNATE TRUSTEE 0.50 X 0 0 0 BRADY NELSON ALTERNATE TRUSTEE - PAST 0.50 X 0 0 0 GREG RENNE ALTERNATE TRUSTEE - PAST 0.50 X 0 0 0 MARTHA HENRICKSON SECRETARY 2.00 X X 0 0 0 JAMES BRINGLE TRUSTEE 1.00 X 0 0 0 JOEL SWANSON TRUSTEE 1.00 X 0 0 0 JOHN NESSE ALTERNATE TRUSTEE 0.50 X 0 0 0 MATT HOROVITZ ALTERNATE TRUSTEE 0.50 X 0 0 0 SHANE BOSKOVICH ALTERNATE TRUSTEE 0.50 X 0 0 0 PHIL CARTER ALTERNATE TRUSTEE 0.50 X 0 0 0 TOM AASHEIM DIRECTOR OF TECH EDUCATION 50.00 X 115174 0 61995 JOHN BURCAW CHIEF ADMIN OFFICER 50.00 X 112643 0 62020 BRIAN HAGBERG COORDINATOR 40.00 X 100721 0 48176 328538 0 172191 3 0 1 0 617 MEDIA GROUP 28 STATE STREET SUITE 2302 BOSTON MA 02109 MARKETING 126164 1 403521 120665 524186 EMPLOYER CONTRIBUTIONS 900099 2483496 2483496 PSEO DUEL ENROLLMENT F 900099 20147 20147 STAR FUND REIMBURSEMEN 900099 15304 15304 TUITION 900099 12425 12425 VETERANS AFFAIRS RECEI 900099 3000 3000 2400 2400 2536772 63266 63266 REIMBURSEMENTS 900099 2021 2021 2021 3126245 2536772 0 65287 1239363 858937 380426 397709 279508 118201 302680 231043 71637 110926 75338 35588 27946 27946 17500 17500 120000 120000 180390 180390 73052 73052 146458 141273 5185 76360 76360 855 855 183973 132991 50982 35739 35739 LEASE EXPENSE 290549 272402 18147 TRAINING SUPPLIES 79886 79886 EQUIP/MAINT/RENTAL 68382 68382 APPRENTICE TRAINING 58460 58460 31471 26116 5355 3441699 2155954 1285745 0 228367 402154 2147101 1803833 578158 579669 8569 7446 1879490 1623542 397307 255948 0 230272 3359502 3279322 82637 132693 13627 7430 89324 280739 185588 420862 X 0 0 0 0 3173914 2858460 3173914 2858460 3359502 3279322 -315454 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 102000 0 1 18000 120000 0 PART II-B, LINE 1: ADVOCATE DIRECTLY BEFORE CONGRESS IN SUPPORT OF FTI-UM DESIGNATED GOALS, PRIORITIES, AND PROJECTS INCLUDING POLICY LANGUAGE TO INCLUDE TRADE SCHOOL IN PREVIOUS ECONOMIC STIMULUS FUNDING STREAMS, AND ADVANCING LEGISLATION TO AUTHORIZE FUNDING TO EXPAND AND SUPPORT ENROLLMENT AT ACCREDITED APPRENTICESHIP COLLEGES. ADVOCATE DIRECTLY BEFORE AGENCIES INCLUDING THE DEPARTMENT OF LABOR, DEPARTMENT OF EDUCATION, AND THE WHITE HOUSE, AND OTHER RELEVANT FEDERAL AGENCIES. MONITOR AND ADVISE ON DEVELOPMENTS IN THE DEPARTMENT OF LABOR AND OTHER RELEVANT FEDERAL DEPARTMENTS' REGULATORY CHANGES, EXECUTIVE ACTIONS, RULEMAKING, AND LEADERSHIP CHANGES. ANALYZE AND UPDATE ON PERTINENT ACTIONS IN CONGRESS INCLUDING THE INTRODUCTION OF LEGISLATION, HEARING ANNOUNCEMENTS, BUDGET PROCESS DEVELOPMENTS, AND CAUCUS ACTIONS. 297861 209310 88551 1436298 1300118 136180 145331 114114 31217 255948 OPERATING LEASE RIGHT-OF-USE ASSETS 230272 230272 ACCRUED PAYROLL TAXES 6395 ACCRUED VACATION 44072 OPERATING LEASE LIABILITY 230272 280739 X 3126245 0 3126245 0 3126245 3441699 0 3441699 0 3441699 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 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE RACIAL NONDISCRIMINATORY POLICY OF THE FUND IS MADE KNOWN THROUGH THE USE OF LITERATURE WHICH HAS BEEN DISTRIBUTED TO CONTACT AGENCIES DURING APPLICATION ACCEPTANCE PERIODS. X 0 0 0 0 0 0 0 0 0 TOM AASHEIM DIRECTOR OF TECH EDUCATION 115174 0 0 0 0 0 40365 0 21630 0 177169 0 0 0 JOHN BURCAW CHIEF ADMIN OFFICER 112643 0 0 0 0 0 40380 0 21640 0 174663 0 0 0 PART I, LINE 3 COMPENSATION FOR THE CHIEF ADMIN OFFICER IS SET BY THE BOARD OF TRUSTEES. COMPENSATION ADJUSTMENTS ARE COMPLETED ANNUALLY BASED ON UNION CONTRACTS, WHICH ARE SET THROUGH NEGOTIATIONS. THE BOARD OF TRUSTEES APPROVES THE ANNUAL COMPENSATION THROUGH REVIEW OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION A, LINE 7A THE FUND CONSISTS OF THREE EMPLOYER TRUSTEES WITH ONE REPESENTATIVE FROM EACH EMPLOYER IN THE GLASS, DRYWALL FINISHING, AND PAINTING INDUSTRIES AS DESIGNATED BY A MAJORITY OF THE CONTRIBUTING EMPLOYERS IN THAT INDUSTRY, AND THREE UNION TRUSTEES TO BE DESIGNATED BY INTERNATIONAL UNION OF PAINTERS AND ALLIED TRADES, AFL-CIO, DISTRICT COUNCIL #82. FOR EACH TRUSTEE POSITION THERE SHALL ALSO BE AN ALTERNATE TRUSTEE POSITION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES ESTABLISHED WITH 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 C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE FUND'S OFFICE IN LITTLE CANADA, MN.