2025-06-10T10:34:23-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-10-01 411334004 ST PAUL ELECTRICAL WORKERS RESERVE TRUST STPA 9528540795 1330 CONWAY STREET 130 ST PAUL MN 55106 JAMES SCHULT CHAIR 9528540795 2025-06-09 1 0 STACY MEYER P00970265 6123764500 2025-06-05 2023 2025-03-06 01:10:19Z JAMES SCHULT 1330 CONWAY STREET 130 ST PAUL MN 55106 116983202 0 X WWW.IBEW110.ORG X 1978 MN PROVIDE RETIREE MEDICAL FUNDING TO ELIGIBLE PARTICIPANTS. 6 1 0 10 0 0 0 0 5523718 5613078 6930211 11619099 2227 3840 12456156 17236017 0 0 4359482 4362196 0 0 0 0 0 731523 895638 5091005 5257834 7365151 11978183 182800730 220477437 17340627 19404490 165460103 201072947 TO PROVIDE MEDICAL COVERAGE FOR BARGAINING UNIT RETIREES, DISABLED PARTICIPANTS, AND SURVIVING SPOUSES OF DECEASED BARGAINING UNIT PARTICIPANTS AND RETIREES. 0 0 THE PURPOSE OF THIS PLAN IS TO PROVIDE MEDICAL COVERAGE FOR BARGAINING UNIT RETIREES, DIASBLED PARTICIPANTS AND SURVIVING SPOUSES OF DECEASED BARGAINING UNIT PARTICIPANTS AND RETIREES. AS OF THE END OF THE PLAN YEAR, THERE WERE APPROXIMATELY 2,327 PARTICIPANTS. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 X 6 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X WILSON-MCSHANE CORPORATION 9528515788 1330 CONWAY STREET SUITE 130 ST PAUL MN 55106 JAMES SCHULT CHARIMAN, UNION TRUSTEE 1.00 5.00 X X 0 0 0 JAMIE M MCNAMARA ALTERNATE UNION TRUSTEE 1.00 45.00 X 0 149937 58464 PETER BOURLAND ALTERNATE MGMT TRUSTEE 1.00 40.00 X 0 0 0 BRANDON P ANDERSON UNION TRUSTEE ALTERNATE ALTERNATE 1.00 40.00 X 0 0 0 JT PEDERSON MGMT TRUSTEE 1.00 40.00 X 0 0 0 LUKE KUHL SECRETARY, MGMT TRUSTEE 1.00 45.00 X X 0 161248 49087 NATE STEIN MGMT TRUSTEE 1.00 40.00 X 0 0 0 DOUGLAS SUCHANEK ALT UNION TRUSTEE 1.00 40.00 X 0 149479 56798 ANDREW COLVARD ALT MGMT TRUSTEE 1.00 40.00 X 0 95990 37797 LOGAN BEERE ALT UNION TRUSTEE 1.00 40.00 X 0 133042 53831 0 689696 255977 0 0 1 0 WILSON-MCSHANE CORPORATION 1330 CONWAY STREET ST PAUL MN 55106 PLAN ADMINISTRATOR 183140 FIDUCIARY MANAGEMENT 790 NORTH WATER STREET SUITE 2100 MIWAUKEE WI 53202 INVESTMENT MANAGER 108084 2 EMPLOYER CONTRIBUTIONS 525100 5613078 5613078 5613078 4153693 4153693 107212591 99747185 7465406 7465406 7465406 COMMISSION RECAPTURE 525100 3840 3840 3840 17236017 5616918 0 11619099 4362196 187065 9942 19341 625640 9600 792 43183 BANK CHARGES 75 5257834 7364544 12929642 1314145 895923 156781414 187247382 17340627 19404490 182800730 220477437 17340627 19404490 17340627 19404490 X 0 0 0 0 165460103 201072947 165460103 201072947 182800730 220477437 11978183 23634661 0 X X 0 1 X 1 0 0 COLLATERAL HELD FOR SECURITIES ON LOAN 19404490 F 19404490 LIABILITY TO RETURN COLLATERAL HELD FOR SECURITIES ON LOAN 19404490 19404490 X 40245038 23634661 23634661 16610377 625640 625640 17236017 4632194 0 4632194 625640 625640 5257834 PART X, LINE 2: THE VEBA TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED FEBRUARY 25, 1980, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2024 AND 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 0 0 LUKE KUHL SECRETARY, MGMT TRUSTEE 0 161248 0 0 0 0 0 0 0 49087 0 210335 0 0 JAMIE M MCNAMARA ALTERNATE UNION TRUSTEE 0 149937 0 0 0 0 0 24473 0 33991 0 208401 0 0 DOUGLAS SUCHANEK ALT UNION TRUSTEE 0 149479 0 0 0 0 0 23995 0 32803 0 206277 0 0 LOGAN BEERE ALT UNION TRUSTEE 0 133042 0 0 0 0 0 22926 0 30905 0 186873 0 0 PART I, LINE 3 FOR LUKE KUHL, COMPENSATION (WAGES AND BONUSES) FOR EXECUTIVES AT ST. PAUL CHAPTER, NECA AND NOW TWIN CITIES NECA IS SET BY THE BOARD OF DIRECTORS. IT IS USUALLY RELATED TO THE STRENGTH OF THE INDUSTRY, COMPENSATION OF RELATED LEADERS (OTHER NECA EXECS, BUSINESS MANAGER, TRUST FUND LEADERS, JATC TD, UNION AND ASSOCIATION EXECUTIVE COMPENSATION ACROSS THE BUILDING TRADES), AND CHAPTER ACTIVITIES. FOR JAMIE MCNAMARA, DOUGLAS SUCHANEK, AND LOGAN BEERE, COMPENSATION IS DETERMINED INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 110 BYLAWS. FORM 990, PART VI, SECTION A, LINE 3 WILSON-MCSHANE CORPORATION IS RESPONSIBLE FOR THE FINANCIAL OPERATIONS OF THE FUND. WILSON-MCSHANE CORPORATION PREPARES THE GENERAL LEDGER, MAKES JOURNAL ENTRIES, MANAGES CLAIMS AND OPERATIONAL EXPENSES. FORM 990, PART VI, SECTION A, LINE 7A THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, LOCAL UNION NO.110, AFL-CIO AND ST. PAUL CHAPTER OF THE NATIONAL ELECTRICAL CONTRACTORS' ASSOCIATION EACH APPOINT 50% OF THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT PUBLIC ACCOUNTING FIRM BASED ON DATA PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE FILING IS AVAILABLE, THE 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES REVIEW THE PLAN'S CONFLICT OF INTEREST POLICY ANNUALLY. THE TRUSTEES DETERMINE IF A CONFLICT OF INTEREST, IN FACTS, EXISTS. THEY ALSO DETERMINE IF IT IS MATERIAL AND IF CORRECTIVE ACTION IS REQUIRED. IN ADDITION, PEIODIC REVIEWS OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ARE CONDUCTED BY THE BOARD OF TRUSTEES TO ENSURE THAT THE PLAN OPERATES IN A MANNER CONSISTENT WITH ITS PUPROSE AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS LAWFUL STATUS AND FIDUCIARY OBLIGATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE PLAN MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS, BUT NOT TO THE PUBLIC, UPON REQUEST AT THE BENEFIT PLAN OFFICE. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ST PAUL ELECTRICAL CONSTRUCTION PENSION PLAN 1330 CONWAY STREET ST PAUL MN 55106 416046858 PROVIDE RETIREMENT AND DISABILITY BENEFITS MN 401(A) N/A 0 ST PAUL ELECTRICAL CONSTRUCTION WORKERS 401(K) PLAN 1330 CONWAY STREET ST PAUL MN 55106 416046858 PROVIDE PARTICIPANTS SAVINGS ON A PRE-TAX BASIS THROUGH PAYROLL DEDUCTIONS MN 401(A) N/A 0 ST PAUL ELECTRICAL CONSTRUCTION WORKERS SUPPLEMENTAL PENSION PLAN 1330 CONWAY STREET ST PAUL MN 55106 416046858 PROVIDE SUPPLEMENTAL PENSION BENEFITS MN 401(A) N/A 0 ST PAUL ELECTRICAL WORKERS HEALTH PLAN 1330 CONWAY STREET ST PAUL MN 55106 411365924 PROVIDE HEALTH AND WELFARE BENEFITS MN 501(C)(9) N/A 0 ST PAUL ELECTRICAL WORKERS REGULAR VACATION AND HOLIDAY TRUST 1330 CONWAY STREET ST PAUL MN 55106 416219001 PROVIDE VACATION AND HOLIDAY BENEFITS MN 501(C)(9) N/A 0 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 110 1330 CONWAY STREET ST PAUL MN 551065856 410235240 SPONSORING ORGANIZATION MN 501(C)(5) N/A 0 ST PAUL CHAPTER NATIONAL ELECTRICAL CONTRACTORS 855 VILLAGE CENTER DR 352 NORTH OAKS MN 551273016 410730995 SPONSORING ORGANIZATION MN 501(C)(6) N/A 0 ST PAUL AREA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING FUND 1330 CONWAY STREET ST PAUL MN 55106 411304531 PROVIDE TRAINING MN 501(C)(3) LINE 11 N/A 0 LABOR MANAGEMENT JOINT COMM FOR THE SAINT PAUL ELECTRICAL CONST INDUSTRY 855 VILLAGE CENTER DR 352 NORTH OAKS MN 551273016 411632763 PROMOTE LABOR-MGMT COOPERATION AND PROMOTE THE INDUSTRY TO THE PUBLIC MN 501(C)(5) N/A 0 VALLEY ELECTRICAL SERVICES VIKING ELECTRIC INC CITY OF ST PAUL C2 ELECTRIC INC CAPISTRANT ELECTRIC LLC CROCUS HILL ELECTRIC - GECO CO CROSSTOWN ELECTRIC LLC CUMMINS ELECTRIC INC D & G ELECTRIC INC K & M ELECTRIC INC KEVIN AHLERS ELECTRIC LLC KFI ENGINEERS PEC SOLUTIONS LLC PETERSON ELECTRIC LLC REBEL ELECTRIC LLC RENEW ENERGY ELECTRICAL LLC RSR ELECTRIC HIGHLAND ELECTR SARGE ELECTRIC LLC SCHAMMEL ELECTRIC SCHECK MECHANICAL CORP THOR ELECTRIC LLC WITZEL ELECTRIC AMP'D ELECTRIC LLC A & J ELECTRIC CORP ACE ELECTRICAL CONTRACTORS INC ACORN ELECTRIC INC ADVANTAGE POINT GROUP INC AID ELECTRIC CORP API HVAC SERVICE INC ARCADE ELECTRIC S & K MC INC B & B ELECTRIC CONST INC BANKS ELECTRIC CORPORATION BLOOMINGTON ELECTRIC CO BLUESKY ELECTRIC CO CAP ELECTRIC INC COLLINS ELECTRICAL CONST CO CONNECT ELECTRIC INC EGAN COMPANY ELECTRIC BY DESIGN INC ELEMENT ELECTRIC LLC ERICKSON PLUMBING FOREST LAKE CONTRACTING INC FRASER MORRIS ELECTRIC CO GEPHART ELECTRIC CO INC HI-TECH ELECTRICAL CONTR LLC HORWITZ INC HUNT ELECTRIC CORP INTERFACE ELECTRIC INC J BECHER & ASSOC INC KILLMER ELECTRIC CO INC KIRTLAND ELECTRIC LAKERIDGE ELECTRIC LLC LAKES AREA ELECTRIC INC LANGER ELECTRIC LLC LAUGHLIN ELECTRIC & CONSTRUCTI LETOURNEAU ELECTRIC INC M & T ELECTRIC INC MAAS ELECTRIC MANOR ELECTRIC INC MASTER ELECTRIC CO INC MEDINA ELECTRIC INC MERCURY ELECTRIC MERIT ELECTRIC CO METROPOLITAN COUNCIL MICHAUD COOLEY ERICKSON MIDWEST ELECTRICAL CONST MILLER CLARK ELECTRIC LLC MODERN ELECTRICAL SOLUTIONS I MUSKA ELECTRIC CO NAC-NORTHERN AIR CORP NEI ELECTRIC INC NEO ELECTRICAL SOLUTIONS LLC OLYMPIATECH ELECTRICAL CONT IN PAAPE ENERGY SERVICES PHASOR ELECTRIC CO PLANET SOLARITY LLC PRAIRIE ELECTRIC CO INC PREFERRED ELECTRIC INC PREMIER ELECTRICAL CORP PULSE ELECTRIC INC SR MECHANICAL INCORPORATED ST PAUL ARENA CO LLC ST PAUL SCHOOLS ISD #625 SUPREME ELECTRIC INC THE ELECTRIC GUYS INC TOTAL CONST & EQUIP INC TRU ELECTRIC INC UHL COMPANY INC WALLACE ELECTRICAL CONST INC WALLRAFF ELECTRIC COMPANY WAUSAU ELECTRIC INC WDW ELECTRIC LLC GILBERT MECHANICAL CONTRACTORS GRANITE LEDGE ELEC CONTR INC GREENSIDE ELECTRIC LLC GUNNAR ELECTRIC HARRIS ST PAUL INC HELM ELECTRIC INC MSP ELECTRIC LLC O'NEILL ELECTRIC INC PAUL'S ELECTRIC INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1