ST PAUL ELECTRICAL WORKERS RESERVE TRUST: Form 990, tax year 2023
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- Organization
- ST PAUL ELECTRICAL WORKERS RESERVE TRUST (EIN 41-1334004)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-06-10
- IRS object ID
- 202511619349300821
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-10T10:34:23-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S 6TH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411334004 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ST PAUL ELECTRICAL WORKERS RESERVE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STPA | BusinessNameControlTxt |
| Phone | 9528540795 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 CONWAY STREET 130 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55106 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES SCHULT | PersonNm |
| Person Title | CHAIR | PersonTitleTxt |
| Phone | 9528540795 | PhoneNum |
| Signature | 2025-06-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STACY MEYER | PreparerPersonNm |
| PTIN | P00970265 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Preparation | 2025-06-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES SCHULT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 CONWAY STREET 130 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $116,983,202 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IBEW110.ORG | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1978 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE RETIREE MEDICAL FUNDING TO ELIGIBLE PARTICIPANTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 1 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,523,718 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,613,078 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,930,211 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,619,099 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,227 | PYOtherRevenueAmt |
| CY Other Revenue | $3,840 | CYOtherRevenueAmt |
| PY Total Revenue | $12,456,156 | PYTotalRevenueAmt |
| CY Total Revenue | $17,236,017 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $4,359,482 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $4,362,196 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $731,523 | PYOtherExpensesAmt |
| CY Other Expenses | $895,638 | CYOtherExpensesAmt |
| PY Total Expenses | $5,091,005 | PYTotalExpensesAmt |
| CY Total Expenses | $5,257,834 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,365,151 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $11,978,183 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $182,800,730 | TotalAssetsBOYAmt |
| Total Assets EOY | $220,477,437 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,340,627 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,404,490 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $165,460,103 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $201,072,947 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE MEDICAL COVERAGE FOR BARGAINING UNIT RETIREES, DISABLED PARTICIPANTS, AND SURVIVING SPOUSES OF DECEASED BARGAINING UNIT PARTICIPANTS AND RETIREES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | 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. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 1 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON-MCSHANE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9528515788 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 CONWAY STREET SUITE 130 | AddressLine1Txt |
| City | ST PAUL | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55106 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| JAMES SCHULT | |||||||
| CHARIMAN, UNION TRUSTEE | 1.00 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMIE M MCNAMARA | |||||||
| ALTERNATE UNION TRUSTEE | 1.00 | 45.00 | Yes (X) | $0 | $149,937 | $58,464 | |
| PETER BOURLAND | |||||||
| ALTERNATE MGMT TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | |
| BRANDON P ANDERSON | |||||||
| UNION TRUSTEE ALTERNATE ALTERNATE | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | |
| JT PEDERSON | |||||||
| MGMT TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | |
| LUKE KUHL | |||||||
| SECRETARY, MGMT TRUSTEE | 1.00 | 45.00 | Yes (X) | Yes (X) | $0 | $161,248 | $49,087 |
| NATE STEIN | |||||||
| MGMT TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | |
| DOUGLAS SUCHANEK | |||||||
| ALT UNION TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $149,479 | $56,798 | |
| ANDREW COLVARD | |||||||
| ALT MGMT TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $95,990 | $37,797 | |
| LOGAN BEERE | |||||||
| ALT UNION TRUSTEE | 1.00 | 40.00 | Yes (X) | $0 | $133,042 | $53,831 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $689,696 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $255,977 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WILSON-MCSHANE CORPORATION | |||||
| 1330 CONWAY STREET | ST PAUL | MN | 55106 | PLAN ADMINISTRATOR | $183,140 |
| FIDUCIARY MANAGEMENT | |||||
| 790 NORTH WATER STREET SUITE 2100 | MIWAUKEE | WI | 53202 | INVESTMENT MANAGER | $108,084 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EMPLOYER CONTRIBUTIONS | Desc |
| Business | 525100 | BusinessCd |
| Total Revenue Column | $5,613,078 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,613,078 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,613,078 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,153,693 | TotalRevenueColumnAmt |
| Exclusion | $4,153,693 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $107,212,591 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $99,747,185 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,465,406 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,465,406 | TotalRevenueColumnAmt |
| Exclusion | $7,465,406 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMMISSION RECAPTURE | Desc |
| Business | 525100 | BusinessCd |
| Total Revenue Column | $3,840 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,840 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,840 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,236,017 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,616,918 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,619,099 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,362,196 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,065 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,942 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,341 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $625,640 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,600 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $792 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,183 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK CHARGES | Desc |
| Total | $75 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,257,834 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,364,544 | BOYAmt |
| EOY | $12,929,642 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,314,145 | BOYAmt |
| EOY | $895,923 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,781,414 | BOYAmt |
| EOY | $187,247,382 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,340,627 | BOYAmt |
| EOY | $19,404,490 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,800,730 | BOYAmt |
| EOY | $220,477,437 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,340,627 | BOYAmt |
| EOY | $19,404,490 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,340,627 | BOYAmt |
| EOY | $19,404,490 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,460,103 | BOYAmt |
| EOY | $201,072,947 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,460,103 | BOYAmt |
| EOY | $201,072,947 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,800,730 | BOYAmt |
| EOY | $220,477,437 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $11,978,183 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $23,634,661 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLATERAL HELD FOR SECURITIES ON LOAN | Desc |
| Book Value | $19,404,490 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $19,404,490 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIABILITY TO RETURN COLLATERAL HELD FOR SECURITIES ON LOAN | Desc |
| Amt | $19,404,490 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $19,404,490 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,245,038 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $23,634,661 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $23,634,661 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,610,377 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $625,640 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $625,640 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $17,236,017 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,632,194 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,632,194 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $625,640 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $625,640 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,257,834 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LUKE KUHL | ||||||||||||||
| SECRETARY, MGMT TRUSTEE | $0 | $161,248 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $49,087 | $0 | $210,335 | $0 | $0 |
| JAMIE M MCNAMARA | ||||||||||||||
| ALTERNATE UNION TRUSTEE | $0 | $149,937 | $0 | $0 | $0 | $0 | $0 | $24,473 | $0 | $33,991 | $0 | $208,401 | $0 | $0 |
| DOUGLAS SUCHANEK | ||||||||||||||
| ALT UNION TRUSTEE | $0 | $149,479 | $0 | $0 | $0 | $0 | $0 | $23,995 | $0 | $32,803 | $0 | $206,277 | $0 | $0 |
| LOGAN BEERE | ||||||||||||||
| ALT UNION TRUSTEE | $0 | $133,042 | $0 | $0 | $0 | $0 | $0 | $22,926 | $0 | $30,905 | $0 | $186,873 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| 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) | N/A | 0 | LINE 11 |
| 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 | ||||||||||
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (19 entries)
| 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 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (79 entries)
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
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