HEARTLAND HEALTHCARE FUND: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
HEARTLAND HEALTHCARE FUND (EIN 02-0656066)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-08-17
IRS object ID
202632299349300988
Schema version
2025v4.2
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)
Return2026-08-17T09:49:22-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 S 6TH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020656066EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HEARTLAND HEALTHCARE FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHEARBusinessNameControlTxt
Phone9528540795PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13001 METRO DRIVE 500AddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55425ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKRISTINA GUASTAFERRIPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3129511504PhoneNum
Signature2026-08-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDOUG BERTOSSIPreparerPersonNm
PTINP00637990PTIN
Phone6123764500PhoneNum
Preparation2026-08-14PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Principal OfficerKRISTINA GUASTAFERRIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line112 E ERIE STAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$99,674,445GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2002FormationYr
Legal Domicile StateIALegalDomicileStateCd
Activity Or MissionINSURED AND SELF FUNDED WELFARE BENEFITS FOR UNION MEMBERS AND THEIR DEPARTMENTS.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$31,427,351PYProgramServiceRevenueAmt
CY Program Service Revenue$31,446,333CYProgramServiceRevenueAmt
PY Investment Income$1,246,175PYInvestmentIncomeAmt
CY Investment Income$3,860,919CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$32,673,526PYTotalRevenueAmt
CY Total Revenue$35,307,252CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$32,832,728PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$34,104,968CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,396,786PYOtherExpensesAmt
CY Other Expenses$1,552,853CYOtherExpensesAmt
PY Total Expenses$34,229,514PYTotalExpensesAmt
CY Total Expenses$35,657,821CYTotalExpensesAmt
PY Revenues Less Expenses-$1,555,988PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$350,569CYRevenuesLessExpensesAmt
Total Assets BOY$47,368,687TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Liabilities BOY$264,691TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$47,103,996NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt
MissionINSURED AND SELF-FUNDED WELFARE BENEFITS FOR UNION MEMBERS AND THEIR DEPENDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescINSURED AND SELF FUNDED WELFARE BENEFITS FOR APPROXIMATELY 2,000 UNION MEMBERS AND THEIR DEPENDENTS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate OperationsYes (1)TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BROCK BOLLIN WILSON MCSHANE CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9528540795PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13001 METRO DR STE 500AddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55425ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DAN O'CONNELL
TRUSTEE1.0040.00Yes (X)$0$0$0
DAVID ARGUBRIGHT
CHAIRMAN1.0040.00Yes (X)$0$0$0Yes (X)
PJ FOLEY
SECRETARY1.0040.00Yes (X)$0$0$0Yes (X)
GREG MULHERIN
TRUSTEE1.002.00Yes (X)$0$0$0
DANIEL AUSSEM
TRUSTEE1.006.00Yes (X)$0$0$0
JAMES BARK
TRUSTEE1.0040.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WILSON MCSHANE CORPORATION
3001 METRO DRIVEBLOOMINGTONMN55425FUND ADMINISTRATOR$987,825
BLUELINK TPA
1305 CORPORATE CENTER DRIVEEGANMN55121MEDICAL CLAIMS NETWORK$616,347
EXPRESS SCRIPTS
FRANCE AVE S SUITE 225EDINAMN55435PHARMACY CLAIMS NETWORK$292,451
SEGAL COMPANY
7701 FRANCE AMINNEAPOLISMN55435ACTUARY AND CONSULTING$108,322
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS525100$29,839,435$29,839,435
EMPLOYEE CONTRIBUTIONS525100$1,606,898$1,606,898
FieldValueIRS element (for citing)
Total Program Service Revenue$31,446,333TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,269,767TotalRevenueColumnAmt
Exclusion$1,269,767ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$66,958,345SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$64,367,193SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,591,152SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,591,152TotalRevenueColumnAmt
Exclusion$2,591,152ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$35,307,252TotalRevenueColumnAmt
Related Or Exempt Func Income$31,446,333RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,860,919ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$34,104,968TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$963,094TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$65,721TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$141,365TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$133,753TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$108,322TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$48,339TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,178TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$84,081TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$35,657,821TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,565,500BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$654,138BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,794,120BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$26,520,552BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$15,834,377BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$47,368,687BOYAmt
EOY$0EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$103,557BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$161,134BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$264,691BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$47,103,996BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$47,103,996BOYAmt
EOY$0EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$47,368,687BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$350,569ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$46,753,427OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$35,173,499TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$35,173,499RevenueSubtotalAmt
Investment Expenses Not Incld$133,753InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$133,753RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$35,307,252TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$35,524,068TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$35,524,068ExpensesSubtotalAmt
Investment Expenses Not Incld2$133,753InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$133,753ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$35,657,821TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE VEBA TRUST FUNDING BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED MAY 20, 2003, 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 2025 AND 2024 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.ExplanationTxt

Schedule N IRS990ScheduleN

Liquidation Of Assets Table LiquidationOfAssetsTableGrp

Liquidation Of Assets Detail LiquidationOfAssetsDetail

FieldValueIRS element (for citing)
Assets Distri Or Expnss PaidNET ASSETSAssetsDistriOrExpnssPaidDesc
Distribution2025-12-31DistributionDt
Fair Market Value Of Asset$46,753,427FairMarketValueOfAssetAmt
Method Of FMV DeterminationACTUAL COSTMethodOfFMVDeterminationTxt
EIN366597428EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MID-AMERICA CARPENTERS REGIONAL COUNCIL HEALTH FUNDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line112 E ERIE STREETAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
IRC Section501 (C) (9)IRCSectionTxt
FieldValueIRS element (for citing)
Director Of Successor0DirectorOfSuccessorInd
Employee Of Successor0EmployeeOfSuccessorInd
Owner Of Successor0OwnerOfSuccessorInd
Receive Compensation0ReceiveCompensationInd
Assets DistributedYes (1)AssetsDistributedInd
Required To Notify AG0RequiredToNotifyAGInd
Attorney General Notified0AttorneyGeneralNotifiedInd
Liabilities PaidYes (1)LiabilitiesPaidInd
Bonds Outstanding0BondsOutstandingInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3WILSON-MCSHANE COMPANY WAS DELEGATED CONTROL OVER MANAGEMENT DUTIES AS PLAN ADMINISTRATOR.
FORM 990, PART VI, SECTION A, LINE 7ATHREE OF THE TRUSTEES ARE DESIGNATED BY THE CHICAGO REGIONAL COUNCIL OF CARPENTERS. THREE OF THE TRUSTEES ARE DESIGNATED BY THE ILLINOIS VALLEY CONTRACTORS ASSOCIATION, ILLOWA MILLWRIGHT CONTRACTORS ASSOCIATION AND THE ASSOCIATED GENERAL CONTRACTORS OF THE QUAD CITIES.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY THE ORGANIZATION. A REVIEW OF THE RETURN IS CONDUCTED BY THE ORGANIZATION AND PRESENTED TO THE BOARD OF TRUSTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERS UPON REQUEST.
FORM 990, PART XI, LINE 9:TRANSFER OUT TO OTHER QUALIFIED PLAN -46,753,427.
FORM 990, PART XI, LINE 2CTHE ORGANIZATION HAS NOT CHANGED THEIR PROCESS FOR THE OVERSIGHT OR THE SELECTION OF THE INDEPENDENT ACCOUNTANT FROM THE PRIOR YEAR.
FORM 990, PART XI, LINE 9ADJUSTMENT FOR TRANSFER OUT FROM THE PLAN DUE TO MERGER WITH MID-AMERICA CARPENTERS REGIONAL COUNCIL HEALTH FUND. THE PLAN ENTERED INTO A MERGER AGREEMENT WITH THE MID-AMERICA CARPENTERS REGIONAL COUNCIL HEALTH FUND BOARD OF TRUSTEES AS OF 12/31/2025.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
ILLINOIS VALLEY CONTRACTORS ASSOCIATION
1120 FIRST STREETLASALLEIL61301362150421PROMOTE BETTER RELATIONS BETWEEN LOCAL CONTRACTORS, TRADE UNIONS, CONSTRUCTIIL501(C)(6)N/A0
MILLWRIGHT LOCAL UNION 2158 & ILLOWA BUILDING FUND
2707 62ND STREET COURTBETTENDORFIA52722421484016OWNS AND LEASES OFFICE AND TRAINING SCHOOL FACILITIES TO MILLWRIGHT 2158IA501(C)(2)N/A0
UNITED BROTHERHOOD OF CARPENTERS & JOINERS OF AMERICA
12 EAST ERIE STREETCHICAGOIL60611361894832LABOR UNIONIL501(C)(5)N/A0
QUAD CITY CONSTRUCTION INDUSTRY ADVANCEMENT TRUST
520 - 24TH STREETROCK ISLANDIL61201362652144PROMOTING, IMPROVING, AND ADVANCING THE CONSTRUCTION INDUSTRY IN QUAD-CITYIL501(C)(6)N/A0
NORTHERN ILLINOIS UNIVE
CRC CARPENTERS APPR & T
MILLWRIGHT JOINT APPR TRAINING

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (19 entries)

BROWN CONSTRUCTION
PRIME CONSTRUCTION SERVICES LL
WEITZ INDUSTRIAL LLC
GILLAN CONSTRUCTION LLC
NORMINN INDUSTRIAL LLC
A M KERNS CONSTRUCTION LLC
AIMS MECHANICAL LLC
ALL PHASES CONSTRUCTION INC
ALLIED POWER SERVICES LLC
AMEX NOOTER LLC
BOSS CARPET ONE LLC
D & H ENERGY MANAGEMENT CO LLC
HERITAGE CONSTRUCTION
ICON INDUSTRIAL SERVICES LLC
KRAEMER NORTH AMERICA LLC
PRECISION MECHANICAL GROUP INC
RUSSELL CONSTRUCTION
TURBINE PROS LLC
CHICAGO REGNL COUNCIL-WSTNSOU

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (216 entries)

ALBERICI CONSTRUCTORS
ASCENT CONSTRUCTION LLC
BARKMAN CONCRETE CONSTRUCTION
BEAR CONSTRUCTION CO
BENCHMARK FLOORING INSTALLATIO
BERGLUND CONSTRUCTION COMPANY
BLACKHAWK FOUNDATION CO INC
BOWKER PINNACLE MECHANICAL
BULK STORAGE INC
BYRNE & JONES CONSTRUCTION
C E KORSGARD CO
CALIBER FLOORS INC
CHENOWETH CONSTRUCTION LLC
CONCRETE SYSTEMS INC
CONVEYING CONVENIENCE INC
CONVEYOR SPECIALTIES INC
COUNTY CONTRACTORS INC
DGI MENARD INC
DIESTELKAMP LLC
DORAL CORPORATION
DPI CONSTRUCTION INC
ENDURO TECHNICAL SERVICES OF N
F M SYLVAN
GEORGE SOLLITT CONSTRUCTION CO
GOLEY INSULATION OF INDIANA LL
GOOD FAITH CONSTRUCTOR INC
HAYES POWER SERVICES LLC
HEARTLAND TURF INC
I H C CONSTRUCTION COMPANIES L
ILLINOIS VALLEY MILLWRIGHT SER
INSTALLATION SERVICES OF ILL
INSTALLATION SPECIALISTS INC
INTERNATIONAL DECORATORS INC
K T RICHARDS CONST CO INC
KEO ILLINOIS LLC
KINGSTON TILE COMPANY LTD
LANKFORD CONSTRUCTION CO
LAVERDIERE CONSTRUCTION INC
LEOPARDO COMPANIES INC
LUNDA CONST CO
MACCOS COMMERCIAL INTERIORS IN
MARICORP US LLC
MHS TECHNICAL SERVICES INC
N A FAVIA BUILDERS
NORTHWEST INDUSTRIAL SERVICES
OCONNOR CORPORATION
OLYMPIC COMPANIES INC
OTTO BAUM CO
PARKWAY FORMING INC
PATH CONSTRUCTORS CO
PEAK CARPENTRY INC
POWER CIRCLE CONSTRUCTION LLC
POWER FORCES LLC
POWER GENERATION SERVICE
PRODIGY CONSTRUCTION LLC
R G CONSTRUCTION SERVICES INC
RED OAK CUSTOM HOMES
RUDOLPH LIBBE COMPANY INC
RUIZ CONSTRUCTION CO
SEGUIN MORRIS USA INC
SINGLEY CONSTRUCTION INC
SMITH PAINTING SERVICES INC
STAINLESS SPECIALISTS INC
SUNPEAK CONSTRUCTION INC
T & K ROOFING COMPANY INC
TERRAZAS
TRINIDAD CONSTRUCTION LLC
TWIN CITY TILE & MARBLE
VITALE CONSTRUCTION LLC
W F JOHNSTON CONSTRUCTION INC
WALBRIDGE EQUIP INSTALLATION
WELLS CARPENTRY & CONSTRUCTION
WESTMONT ENGINEERING CO
WIES DRYWALL & CONST CORP
WILLIAM CHARLES CONSTRUCTION C
ZEPHYR ALUMINUM PRODUCTS INC
BLAHNIK CONSTRUCTION CO
BUSH CONSTRUCTION CO INC
CENTRAL CEILING SYSTEMS INC
CENTRAL MILLWRIGHT SERVICES
CURNYN CONSTRUCTION CO
D CONSTRUCTION INC
DAY & ZIMMERMAN NPS
ESTES COMPANY
GENERAL CONSTRUCTORS INC
H & H BUILDERS INC
KINETIC CONSTRUCTION
LADZINSKI CEMENT FINISHING CO
NEWELL MACHINERY CO INC
NORTHERN ILL WALL & CEILING
QUAD CITY ACOUSTICAL CEILINGS
RAYNOR DOOR CO INC OF QUAD CIT
RINGLAND JOHNSON INC
RIVER VALLEY CONSTRUCTION INC
RYAN & ASSOCIATES INC
SEITHER & CHERRY QUAD CITIES
SUITABLE BUILDERS INC
THE ROCKWELL GROUP
TREIBER CONSTRUCTION CO
VALLEY CONSTRUCTION CO
VISSERING CONSTRUCTION CO
A H C MECHANICAL SERVICES
ADVANTAGE INDUSTRIAL SYSTEMS
ALLIED CONSTRUCTION SERVICES
AMERICAN RIGGING & MILLWRIGHT
ANNING-JOHNSON COMPANY
AUTOMATIC SYSTEMS INC
AXIS MECHANICAL GROUP
BABCOCK & WILCOX SOLAR ENERGY
BERTEL PETERSON CO INC
BILFINGER INDUST SERVICES INC
BI-STATE SEAMLESS GUTTERS
BRANDSAFWAY INDUSTRIES LLC
BURKS BROS DRYWALL INC
CAD CONSTRUCTION & DESIGN
CALIBER CONSTRUCTION CO
CAMOSY INCORPORATED
CARPET WEAVERS COMMERCIAL INC
CARPETLAND USA ROCKFORD
CENTENNIAL CONTRACTORS
CETWINSKI CONSTRUCTION CO
CIVIL CONSTRUCTORS INC
COUNTRYSIDE CARPETS & INTERIOR
CPI OF THE MIDWEST
CR MEYER & SONS CO
DOERFER FIELD SERVICES INC
EDSTROMS COVERINGS INC
FINELINE INC
GAGNON CONST CO INC
GEHRKE CONSTRUCTION INC
GENSINI EXCAVATING INC
HEIN CONSTRUCTION CO INC
ICC GROUP INC
INSULATED PANEL COMPANY
IRVING CONSTRUCTION CO INC
J P CULLEN & SONS INC
JACK HALL CONSTRUCTION
JF BRENNAN CO INC
JT INDUSTRIAL SERVICES LLC
JUST RITE ACOUSTICS
KEN CURRY CONSTRUCTION INC
KNAPP CONCRETE CONTRACTORS INC
KNIGHT FLOORING INC
KOJA CONSTRUCTION INC
KOOLMASTER CO INC
KWCC INC
L & L BUILDERS INC
L KEELEY CONSTRUCTION
LENNY SZAREK INC
LIEBHART CONSTRUCTION INC
LILJA MECHANICAL CONSTR CORP
LITE CONSTRUCTION
M & M CONCRETE INC
MARKET & JOHNSON INC
MARTIN & COMPANY EXCAV
MC CARTHY IMPROVEMENT CO
MID ILLINOIS COMPANIES
MIDWEST MILLWRIGHT SERVICES IN
MILLER TRUCKING & EXCAVAT
MIRON CONSTRUCTION CO INC
NICAM CONSTRUCTION
P J HOERR INC
PARAMOUNT MILLWRIGHT SERVICES
PARTINGTON BUILDING SERVICES I
PEPPER CONSTR CO
PERFORMANCE CONTRACTING INC
PHOENIX CORP OF THE QUAD CITIE
PILLAR CONSTRUCTION INC
PINTER GENERAL CONTRACTING
POETTKER CONSTRUCTION CO
PORTZEN CONSTRUCTION
PRECISION BUILDERS
PROSTAR SURFACES INC
RAYNOR DOOR AUTH OF DEKALB
RECORD AUTOMATIC DOORS INC
RIVER CITY CONSTRUCTION CO
RUIZ CONST SYSTEMS INC
RYAN COMPANIES US INC
SCANDROLI CONSTRUCTION CO
SCHMELING CONSTRUCTION CO
SCHOMBURG & SCHOMBURG CONST CO
SCURTO CEMENT CONSTRUCTION LTD
SEITHER & CHERRY COMPANY
SHALES-MCNUTT
SIEMENS ENERGY GENERATION SERV
SJOSTROM & SONS
SLR RENEWABLES LLC
SPRINKMANN SONS CORP
SYSTEMS ENTERPRISE CORP
T C MODULAR CONSTRUCTION LLC
T S I COMMERCIAL FLOOR COVERIN
THE BOLDT COMPANY
THE HENLEY GROUP
W SOULE & COMPANY
WEAVER CONSTRUCTION INC
WINGER MECHANICAL
WINTER CONSTRUCTION INC
WOZNIAK CONCRETE FINISHING
WRIGHT-WAY INTERIOR SYS LLC
ANDERSON COMMERCIAL CONC
ATLANTIC PLANT MAINT INC
BASEPOINT BUILDING AUTOMATIONS
BUILDERS SALES AND SERVICE CO
DOORS INC
FRANK MILLARD & CO INC
GOETZ CONCRETE CONSTR CORP
HODGE CONSTRUCTION COMPANY INC
L & L FLOORCOVERING INC
L P W -I INC
LEANDER CONSTRUCTION INC
M A MORTENSON CO
MILLWRIGHT SERVICE INC
NELSON CONSTR CONTRACTING INC
SPELICH GENERAL CONTRACTING IN
TIEMAN BUILDERS INC
WILLIAMS BROS CONST INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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