UNION CONSTRUCTION CRAFTS WORKERS'… - Form 990 Financial Data

🔒

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

1996

Legal Domicile

Principal Officer

HEATHER GRAZZINI-SIMS

Phone

9528540795

Tax Period

2025-01-01 to 2025-12-31

UNION CONSTRUCTION CRAFTS WORKERS' COMPENSATION FUND, founded in 1996, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year.

Mission

TO PROVIDE A WORKER'S COMPENSATION COLLECTIVELY-BARGAINED PROGRAM AUTHORIZED UNDER STATUTES 176.1812. THIS PROGRAM WILL ELIMINATE THE ADVERSARIAL CULTURE OF WORKERS' COMPENSATION CLAIM ADMINISTRATION; IMPROVE THE DELIVERY OF WAGE-REPLACEMENT BENEFITS AND THE QUALITY OF MEDICAL CARE TO INJURED UNION MEMBERS; RETURN INJURED WORKERS TO THEIR PRE-INJURY JOB QUICKLY; REDUCE THE COSTS OF INSURANCE FOR UNION CONTRACTORS THEREBY INCREASING THEIR COMPETITIVENESS.

Program Service Accomplishments

Program 1

TO PROVIDE A WORKER'S COMPENSATION COLLECTIVELY-BARGAINED PROGRAM AUTHORIZED UNDER MINNESOTA STATUTES: TO PROVIDE ALTERNATIVE DISPUTE RESOLUTION RULES AND REGULATIONS WHICH WILL PROVIDE A METHOD OF RESOLVING CONTESTED WORKERS' COMPENSATION CASES WITHIN THE STATE OF MINNESOTA TO IMPROVE THE SAFETY AND WELFARE OF WORKERS WHO ARE COVERED UNDER THE PROGRAM. AT THE END OF 2025, THE FUND HAD 352 PARTICIPATING CONTRACTORS EMPLOYING 22,601 TRADES-PEOPLE. DURING 2025, THE FUND HELD 59 INTERVENTIONS, 6 FACILITATIONS, 40 MEDIATIONS, NO ARBITRATIONS, AND 34 NEUTRAL PHYSICIANS EXAMS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,755,594

Investment Income $20,492

Other Revenue $634

TOTAL REVENUE $1,776,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,764,643

TOTAL EXPENSES $1,764,643

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,776,720	$1,891,407	-0.1%
Expenses	$1,764,643	$1,849,826	0.0%
Net Income	$12,077	$41,581	-0.7%

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

N/A

Volunteers

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
BARRY DAVIES	LABOR TRUSTEE	1.00	Officer Director	$0	$0	$0
RUSS SCHERBER	LABOR TRUSTEE	1.00	Director	$0	$0	$0
MATT FAIRBANKS	LABOR TRUSTEE	1.00	Director	$0	$0	$0
DOUG SUCHANEK	LABOR TRUSTEE	1.00	Director	$0	$0	$0
DOUG SCHROEDER	LABOR TRUSTEE	1.00	Director	$0	$0	$0
HEATHER GRAZZINI-SIMS	MANAGEMENT TRUSTEE CO-CHAIR	1.00	Officer Director	$0	$0	$0
MICHEL TUBBS	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
BURT JOHNSON	LABOR TRUSTEE	1.00	Director	$0	$0	$0
SEAN CONRAD	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
JOHN QUARNSTROM	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
TIM WORKE	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
JOEL SMITH	LABOR TRUSTEE	1.00	Director	$0	$0	$0
JEFF STARK	LABOR TRUSTEE	1.00	Director	$0	$0	$0
AARON BENIKE	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
VIRGIL CHRISTOFFERSEN	LABOR TRUSTEE	1.00	Director	$0	$0	$0
JON KAINZ	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
MARTHA HENRICKSON	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
BRENDAN MOORE	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
RANDY LAFAIVE	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
CHAD MORRIS	LABOR TRUSTEE/ CO-CHAIR	1.00	Officer Director	$0	$0	$0
RYAN SANCARTIER	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
ERIC JAHNKE	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
TOM PAHKALA	LABOR TRUSTEE	1.00	Director	$0	$0	$0
YORK MAGEE	LABOR TRUSTEE	1.00	Director	$0	$0	$0
SOPHIE THADEN	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
CHAD ELLINGSON	MANAGEMENT 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
2025	$1,776,720	$1,764,643	$592,626	$12,077
2024	$1,891,407	$1,849,826	$577,651	$41,581
2023	$1,765,971	$1,743,016	$527,132	$22,955
2022	$1,641,004	$1,629,504	$547,199	$11,500
2021	$1,672,771	$1,616,904	$541,374	$55,867
2020	$1,697,740	$1,640,240	$473,510	$57,500
2019	$1,559,180	$1,530,330	$438,652	$28,850
2018	$1,410,470	$1,380,869	$389,952	$29,601

UNION CONSTRUCTION CRAFTS WORKERS' COMPENSATION FUND