MINNESOTA TEAMSTERS CONSTRUCTION DIVISION FRINGE BENEFIT FUNDS

EIN: 237115412

MENDOTA HEIGHTS, MN

Total Revenue
$19,298,920
Total Expenses
$15,386,186
Total Assets
$29,203,517
Net Assets
$29,153,616
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MN
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

TO PROVIDE HEALTH CARE, DENTAL, DISABILITY, LIFE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO MEMBERS.

Program Service Accomplishments

Program 1

PAYMENT OF HEALTH CARE, DENTAL, DISABILITY, LIFE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS FOR ELIGIBLE PARTICIPANTS AND DEPENDENTS AS PROVIDED BY THE SUMMARY PLAN DESCRIPTION.

🔒

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%)

Sign In — Free (10 views/day)

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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
6
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
0
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MINNESOTA TEAMSTERS CONSTRUCTION DIVISION FRINGE BENEFIT FUNDS with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.