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Nonprofit · EIN 41-0571990

ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION

Tax-exempt (reinstated) · SAINT PAUL, MN 55114

Financials

$97.5M$127.6M2022$203.4M$130.3M2023$301.2M$130.6M2024
Revenue Expenses · by fiscal year end
Financials of ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$301,193,640$130,572,055$170,621,585$1,473,241,708$39,305,304$1,433,936,404
June 30, 2024990$203,381,680$130,311,259$73,070,421$1,359,903,401$24,866,025$1,335,037,376
June 30, 2023990$97,462,633$127,562,120-$30,099,487$1,224,412,795$7,660,228$1,216,752,567
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$67,576,972
Investment income
$216,369,286
Net gain from sales of assets
$199,281,542
Other revenue
$17,247,382

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$126,714,940
Compensation of officers, directors and key employees
$111,240
Other salaries and wages
$349,452
Salaries, compensation and benefits (total)
$610,075
Professional fundraising fees
$0
Accounting fees
$39,007
Occupancy
$47,950
Travel
$8,337

Balance sheet and other

Total assets, start of year
$1,359,903,401
Total assets, end of year
$1,473,241,708
Total liabilities, end of year
$39,305,304
Net assets, end of year
$1,433,936,404
Publicly traded securities
$1,210,406,957
Gross receipts
$301,193,640
Employees
6
Volunteers
0
Year formed
1909
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Phillip TencickExecutive Director
Officer
40$154,500
Michael McCollorTrustee
Trustee or director
2$0
Karen OdegardTrustee
Trustee or director
2$0
Lori BorgesonPresident
Trustee or director
2$0
Matt BogenschultzTrustee
Trustee or director
2$0
Michael McKayTrustee
Trustee or director
2$0
Margaret SchillerTreasurer
Trustee or director
2$0
Thomas KoreltzSecretary
Trustee or director
2$0
Stephanie PigantoVice President
Trustee or director
2$0
Karen MartinsenTrustee
Trustee or director
2$0
Halla HendersonEx-Officio
Trustee or director
2$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
Phillip TencickExecutive Director
Officer
40$150,360
Michael McCollorTrustee
Trustee or director
2$0
Karen OdegardTrustee
Trustee or director
2$0
Lori BorgesonPresident
Trustee or director
2$0
Matt BogenschultzTrustee
Trustee or director
2$0
Michael McKayTrustee
Trustee or director
2$0
Margaret SchillerTreasurer
Trustee or director
2$0
Thomas KoreltzSecretary
Trustee or director
2$0
Stephanie PigantoVice President
Trustee or director
2$0
Karen MartinsenTrustee
Trustee or director
2$0
Halla HendersonEx-Officio
Trustee or director
2$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensation
Phillip TencickExecutive Director
Officer
40$42,215
Jill E SchurtzExecutive Director
Officer
40$25,837
Michael McCollorInterim Executive Director
Officer
40$22,919
Karen OdegardTrustee
Trustee or director
2$0
Mike McCollorPresident
Trustee or director
2$0
Lori BorgesonVice President
Trustee or director
2$0
Matt BogenschultzTrustee
Trustee or director
2$0
Michael McKayTreasurer
Trustee or director
2$0
Zuki EllisEx-Officio, Trustee
Trustee or director
2$0
Margaret SchillerTrustee
Trustee or director
2$0
THOMAS KORELTZSecretary
Trustee or director
2$0
John HortonTrustee
Trustee or director
2$0
STEPHANIE PIGANTOTrustee
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2550 UNIVERSITY AVE W STE 312N, SAINT PAUL, MN 55114-1005
Principal officer (990 for 2024)
Phill Tencick, 2550 University Ave W, Suite 312N, St Paul, MN 55114
Signed the 990
Phillip Tencick, Executive Director/CIO
Phone
(651) 642-2550

Mission

To collect and invest contributions to fund lifetime retirement benefits to members who retire from Independent School District #625 as well as disability or survivor/beneficiary benefits as required.

990 for the year ended June 30, 2025

Program accomplishments

  • Maintain a retirement fund paying benefits to members who retire from Independent School District #625 as well as pay disability or survivor/beneficiary benefits as required.
    Expenses $127,732,660 · revenue $226,631,689

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-0571990
Tax-exempt status
501(c)(11): Teachers' retirement fund
Donations deductible
No
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,473,241,708
Income (IRS master file)
$301,193,640

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$301,193,640$130,572,055$1,473,241,708XML
990June 2024$203,381,680$130,311,259$1,359,903,401XML
990June 2023$97,462,633$127,562,120$1,224,412,795XML
990June 2022$156,236,974$125,395,240$1,157,197,813IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0571990).

Questions about ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION

What is the EIN of ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION?
The employer identification number (EIN) of ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION is 41-0571990.
Is ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION?
The 990 for the year ended June 30, 2025 names Phill Tencick.
Who are the officers and directors of ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION?
The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $154,500 (Phillip Tencick, Executive Director).
How much revenue does ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $301,193,640, expenses of $130,572,055 and total assets of $1,473,241,708 at year end.

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