TWIN CITY IRONWORKERS HEALTH & WELFARE FUND: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
TWIN CITY IRONWORKERS HEALTH & WELFARE FUND (EIN 41-6023463)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-07-20
IRS object ID
201112019349300721
Schema version
2010v3.2
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

FieldValueIRS element (for citing)
Timestamp2011-07-20T11:49:26-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LARSONALLEN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1220 SOUTH SIXTH STREET SUITE 300AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN416023463EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1TWIN CITY IRONWORKERS HEALTH AND WELFARE FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTWINNameControl
Phone9528540795Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13001 METRO DRIVE NO 500AddressLine1
CityBLOOMINGTONCity
StateMNState
ZIP Code55425ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSCOTT WEICHTName
TitleCHAIRMANTitle
Phone9528540795Phone
Date Signed2011-05-03DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone6123764500Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonSCOTT WEICHTNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line13001 METRO DRIVE NO 500AddressLine1
CityBLOOMINGTONCity
StateMNState
ZIP Code55425ZIPCode
FieldValueIRS element (for citing)
Gross Receipts50993537GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization TrustXTypeOfOrganizationTrust
Year Formation1960YearFormation
State Legal DomicileMNStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE HEALTH AND WELFARE BENEFITS TO UNION MEMBERS AND THEIR DEPENDENTS.ActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members6NbrIndependentVotingMembers
Total Nbr Employees11TotalNbrEmployees
Total Nbr Volunteers8TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year11810323ProgramServiceRevenuePriorYear
Program Service Revenue CY10318971ProgramServiceRevenueCY
Investment Income Prior Year613468InvestmentIncomePriorYear
Investment Income Current Year1424563InvestmentIncomeCurrentYear
Other Revenue Prior Year4608OtherRevenuePriorYear
Other Revenue Current Year10770OtherRevenueCurrentYear
Total Revenue Prior Year12428399TotalRevenuePriorYear
Total Revenue Current Year11754304TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year11461545BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY11419779BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year526277OtherExpensePriorYear
Other Expenses Current Year560243OtherExpensesCurrentYear
Total Expenses Prior Year11987822TotalExpensesPriorYear
Total Expenses Current Year11980022TotalExpensesCurrentYear
Revenues Less Expenses Prior Year440577RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-225718RevenuesLessExpensesCY
Total Assets BOY24033981TotalAssetsBOY
Total Assets EOY24375913TotalAssetsEOY
Total Liabilities BOY143617TotalLiabilitiesBOY
Total Liabilities EOY118951TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY23890364NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY24256962NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROVIDE HEALTH, LIFE AND DEATH & DISMEMBERMENT BENEFITS TO UNION MEMBERS AND THEIR DEPENDENTS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionPROVIDE SELF-FUNDED AND INSURED BENEFITS FOR APPROXIMATELY 1,245 UNION MEMBERS AND THEIR DEPENDENTS.Description
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096958NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees11NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members6NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons0AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement0RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1WILSON-MCSHANE CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9528540795TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13001 METRO DRIVE STE 500AddressLine1
CityBLOOMINGTONCity
StateMNState
ZIP Code55425ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
SCOTT WEICHT
CHAIRMAN1.00XX000
CHARLES WITT
UNION TRUSTEE1.00XX000
CHARLES ROBERTS
UNION TRUSTEE1.00X000
STURE BERG
MANAGEMENT TRUSTEE1.00X000
PETER TAUBENBERGER
MANAGEMENT TRUSTEE1.00X000
TROY SEBION
UNION TRUSTEE1.00X000
KEVIN L KOWALSKI
ALTERNATE TRUSTEE1.00X000
LANCE J QUEEN
ALTERNATE TRUSTEE1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1WILSON MCSHANE CORPORATIONBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13001 METRO BLVD STE 500AddressLine1
CityBLOOMINGTONCity
StateMNState
ZIP Code55425ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesPLAN ADMINISTRATORDescriptionOfServices
Compensation322867Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionCONTRIBUTIONSDescription
Business Code525100BusinessCode
Total Revenue Column10318971TotalRevenueColumn
Related Or Exempt Function Income10318971RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue10318971TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column592284TotalRevenueColumn
Exclusion$592,284ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities40071512Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities39239233Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities832279Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column832279TotalRevenueColumn
Exclusion$832,279ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOTHER INCOMEDescription
Business Code900099BusinessCode
Total Revenue Column10770TotalRevenueColumn
Exclusion$10,770ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue10770TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column11754304TotalRevenueColumn
Related Or Exempt Function Income10318971RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,435,333ExclusionAmount

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total11419779Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total70511Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total49107Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total50863Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total70895Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total11005Total

Insurance Insurance

FieldValueIRS element (for citing)
Total6229Total

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotal
ADMINISTRATION FEES296460
OTHER EXPENSES5173

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total11980022Total

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1170759BOY
EOY1041638EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY780271BOY
EOY702539EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY44649BOY
EOY0EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY8182500BOY
EOY19227847EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY13403008BOY
EOY3055456EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY452794BOY
EOY348433EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY24033981BOY
EOY24375913EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY143617BOY
EOY118951EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY143617BOY
EOY118951EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY23890364BOY
EOY24256962EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY23890364BOY
EOY24256962EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY24033981BOY
EOY24375913EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-225718ReconcilationRevenueExpenses
Reconcilation Other Changes592316ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Closely Held Equity Interests CloselyHeldEquityInterests

FieldValueIRS element (for citing)
Book Value3055456BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities3055456TotalOfBookValueSecurities
Total Revenue11754304TotalRevenue
Total Expenses11980022TotalExpenses
Excess Or Deficit For Year-225718ExcessOrDeficitForYear
Net Unrealized GL On Investments592316NetUnrealizedGLOnInvestments
Total Adjustments592316TotalAdjustments
Excess Or Deficit Per FS366598ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt12295757TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments592316NetUnrealizedGainsInvestments
Revenue Not Rptd F990592316RevenueNotRptdF990
Revenue Subtotal11703441RevenueSubtotal
Investment Expenses Not Included50863InvestmentExpensesNotIncluded
Revenue Not Rptd On Fin Stmt50863RevenueNotRptdOnFinStmt
Total Revenue Per Form99011754304TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt11929159TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal11929159ExpensesSubtotal
Investment Expenses Not Included250863InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt50863ExpensesNotRptdOnFinStmt
Total Expenses Per Form99011980022TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES IN CONJUNCTION WITH THEIR ANNUAL AUDIT.
THE ORGANIZATION MAKES GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:NET UNREALIZED GAINS ON INVESTMENTS: 592,316.FORM 990, PART XI, LINE 5:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionControlled OrgControlledOrg
TWIN CITY IRON WORKERS PENSION FUND
3001 METRO DRIVE STE 500BLOOMINGTONMN55425416084127TO PROVIDE RETIREMENT BENEFITS TO UNION MEMBERS.MN501(C)50
TWIN CITY IRON WORKERS APPRENTICESHIP AND TRAINING FUND
3001 METRO DRIVE STE 500BLOOMINGTONMN55425237115395TO PROVIDE TRAINING BENEFITS TO UNION MEMBERS.MN501(C)50
TWIN CITY IRON WORKERS DEFINED CONTRIBUTION FUND
3001 METRO DRIVE STE 500BLOOMINGTONMN55425416084127TO PROVIDE RETIREMENT BENEFITS TO UNION MEMBERS.MN501(C)50
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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