MINNESOTA TEAMSTERS CONSTRUCTION DIVISION FRINGE BENEFIT FUNDS (EIN 237115412) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

ZACHARY RADZAK

Phone

6512561900

Tax Period

2022-12-01 to 2023-11-30

MINNESOTA TEAMSTERS CONSTRUCTION DIVISION FRINGE BENEFIT FUNDS, founded in 1970, is a mid-sized nonprofit that reported $19.3M in total revenue in fiscal year 2022. The organization ran a surplus of $3.9M, a strong 20% operating margin.

Mission

PROVIDE HEALTH BENEFITS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $18,727,417

Investment Income $561,203

Other Revenue $10,300

TOTAL REVENUE $19,298,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $449,582

TOTAL EXPENSES $15,386,186

Year-over-Year Comparison

	2022	2021	Change
Revenue	$19,298,920	$18,573,780	+0.0%
Expenses	$15,386,186	$23,467,225	-0.3%
Net Income	$3,912,734	$-4,893,445	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACHARY RADZAK	CHAIRMAN	2.00	Director	$0	$0	$0
CHAD WARD	TRUSTEE	2.00	Director	$0	$0	$0
JEFF DIEDE	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT KROONA	TRUSTEE	1.00	Director	$0	$0	$0
VIRGIL CHRISTOFFERSEN	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
JEFF OVESON	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
SHANE BLOCK	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
CHAD LUDWIG	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
RICH FREDERICK	ALTERNATE TRUSTEE - PAST	1.00	Director	$0	$0	$0
STEVEN SAUER	SECRETARY - PAST	2.00	Director	$0	$0	$0
LAURA ZIEGLER	TRUSTEE	1.00	Director	$0	$0	$0
JEFF ZAHN	SECRETARY	1.00	Director	$0	$0	$0
CHAD NELSON	TRUSTEE	1.00	Director	$0	$0	$0
JASON ZINS	TRUSTEE	1.00	Director	$0	$0	$0
NICK JOHNSON	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
ANDREW ERICHSON	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$19,298,920	$15,386,186	$29,203,517	$3,912,734
2022	$18,573,780	$23,467,225	$24,844,524	$-4,893,445
2021	$23,683,343	$16,319,351	$30,866,404	$7,363,992
2020	$18,170,944	$16,405,301	$23,175,929	$1,765,643
2019	$18,013,578	$18,408,234	$20,622,776	$-394,656
2018	$15,224,448	$17,283,760	$20,359,065	$-2,059,312

MINNESOTA TEAMSTERS CONSTRUCTION DIVISION FRINGE BENEFIT FUNDS