ST PAUL ELECTRICAL WORKERS RESERVE TRUST

EIN: 411334004 Mutual Benefit

ST PAUL, MN

Total Revenue
$17,236,017
Total Expenses
$5,257,834
Total Assets
$220,477,437
Net Assets
$201,072,947
🔒

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
1978
Legal Domicile
MN
Principal Officer
JAMES SCHULT
Phone
9528540795
Tax Period
2023-10-01 to 2024-09-30

ST PAUL ELECTRICAL WORKERS RESERVE TRUST, founded in 1978, is a mid-sized nonprofit in the Mutual Benefit sector that reported $17.2M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.0M, a strong 69% operating margin.

Mission

PROVIDE RETIREE MEDICAL FUNDING TO ELIGIBLE PARTICIPANTS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,613,078
Investment Income $11,619,099
Other Revenue $3,840
TOTAL REVENUE $17,236,017

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $895,638
TOTAL EXPENSES $5,257,834

Year-over-Year Comparison

2023 2022 Change
Revenue $17,236,017 $12,456,156 +0.4%
Expenses $5,257,834 $5,091,005 +0.0%
Net Income $11,978,183 $7,365,151 +0.6%
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
6
Independent Members
1
Employees
N/A
Volunteers
10

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
2
$210,335
Total Directors
10
$945,673
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES SCHULT CHARIMAN, UNION TRUSTEE 1.00
Officer Director
$0 $0 $0
JAMIE M MCNAMARA ALTERNATE UNION TRUSTEE 1.00
Director
$0 $58,464 $208,401
PETER BOURLAND ALTERNATE MGMT TRUSTEE 1.00
Director
$0 $0 $0
BRANDON P ANDERSON UNION TRUSTEE ALTERNATE ALTERNATE 1.00
Director
$0 $0 $0
JT PEDERSON MGMT TRUSTEE 1.00
Director
$0 $0 $0
LUKE KUHL SECRETARY, MGMT TRUSTEE 1.00
Officer Director
$0 $49,087 $210,335
NATE STEIN MGMT TRUSTEE 1.00
Director
$0 $0 $0
DOUGLAS SUCHANEK ALT UNION TRUSTEE 1.00
Director
$0 $56,798 $206,277
ANDREW COLVARD ALT MGMT TRUSTEE 1.00
Director
$0 $37,797 $133,787
LOGAN BEERE ALT UNION TRUSTEE 1.00
Director
$0 $53,831 $186,873
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 $17,236,017 $5,257,834 $220,477,437 $11,978,183
2023 $12,456,156 $5,091,005 $182,800,730 $7,365,151
2022 $13,180,532 $4,885,715 $166,227,433 $8,294,817
2021 $22,002,363 $5,013,474 $202,369,489 $16,988,889
2020 $9,477,521 $3,796,196 $163,999,224 $5,681,325
2019 $12,783,358 $3,842,258 $154,068,667 $8,941,100
2018 $14,239,011 $3,901,991 $153,595,173 $10,337,020
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ST PAUL ELECTRICAL WORKERS RESERVE TRUST 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.