Civic Intelligence

Minnesota Laborers-Employers Cooperation & Education Trust Fund

990 • Fiscal year 2018 • EIN 41-6363196

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

Organization ProfileWWW.MNLECET.ORG
2520 Pilot Knob Road No 325Mendota Heights, MN 55120

(651) 256-1900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.05x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.06x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Net Margin

18th percentile

-3.9%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$165,369

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Asset Growth

21st percentile

-3.9%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-0.3%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$1,376,061

Down $55,450 (-3.9%) from 2017

Net Assets

Down

$1,312,993

Down $43,792 (-3.2%) from 2017

Liabilities

Down

$63,068

Down $11,658 (-16%) from 2017

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin18th percentile

Revenue

Down

$1,112,644

Down $3,697 (-0.3%) from 2017

Expenses

Up

$1,156,436

Up $100,610 (+9.5%) from 2017

Net Income

Down

-$43,792

Down $104,307 (-172%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,074,429Liabilities 2010: $47,551Net Assets 2010: $1,026,8782010Assets 2011: $1,001,117Liabilities 2011: $69,890Net Assets 2011: $931,2272011Assets 2012: $946,444Liabilities 2012: $53,425Net Assets 2012: $893,0192012Assets 2013: $963,404Liabilities 2013: $65,271Net Assets 2013: $898,1332013Assets 2014: $964,311Liabilities 2014: $73,141Net Assets 2014: $891,1702014Assets 2015: $1,174,485Liabilities 2015: $57,604Net Assets 2015: $1,116,8812015Assets 2016: $1,361,951Liabilities 2016: $65,681Net Assets 2016: $1,296,2702016Assets 2017: $1,431,511Liabilities 2017: $74,726Net Assets 2017: $1,356,7852017Assets 2018: $1,376,061Liabilities 2018: $63,068Net Assets 2018: $1,312,9932018Assets 2019: $1,413,743Liabilities 2019: $45,798Net Assets 2019: $1,367,9452019Assets 2020: $1,335,395Liabilities 2020: $32,858Net Assets 2020: $1,302,5372020Assets 2021: $1,525,272Liabilities 2021: $33,560Net Assets 2021: $1,491,7122021Assets 2022: $1,371,148Liabilities 2022: $89,145Net Assets 2022: $1,282,0032022Assets 2023: $1,169,427Liabilities 2023: $53,871Net Assets 2023: $1,115,5562023Assets 2024: $1,093,442Liabilities 2024: $2,459Net Assets 2024: $1,090,9832024

Highlighted filing

2018

Assets$1,376,061
Liabilities$63,068
Net Assets$1,312,993
Open 2018 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $605,1162010Expenses 2011: $662,8982011Expenses 2012: $668,8112012Revenue 2013: $695,839Expenses 2013: $690,725Net Income 2013: $5,1142013Revenue 2014: $760,145Expenses 2014: $767,108Net Income 2014: -$6,9632014Revenue 2015: $1,043,488Expenses 2015: $817,777Net Income 2015: $225,7112015Revenue 2016: $1,143,320Expenses 2016: $963,931Net Income 2016: $179,3892016Revenue 2017: $1,116,341Expenses 2017: $1,055,826Net Income 2017: $60,5152017Revenue 2018: $1,112,644Expenses 2018: $1,156,436Net Income 2018: -$43,7922018Revenue 2019: $1,240,110Expenses 2019: $1,185,158Net Income 2019: $54,9522019Revenue 2020: $1,077,681Expenses 2020: $1,143,089Net Income 2020: -$65,4082020Revenue 2021: $1,301,340Expenses 2021: $1,112,165Net Income 2021: $189,1752021Revenue 2022: $1,189,484Expenses 2022: $1,399,193Net Income 2022: -$209,7092022Revenue 2023: $1,180,537Expenses 2023: $1,346,984Net Income 2023: -$166,4472023Revenue 2024: $1,405,716Expenses 2024: $1,383,131Net Income 2024: $22,5852024

Highlighted filing

2018

Revenue$1,112,644
Expenses$1,156,436
Net Income-$43,792
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$1,112,644
Mission and Program Overview

Mission

To promote understanding, improve safety, and enhance communication in the laborers industry.

Labor-management organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$878,268$941,946▲ $63,678
Cash and Non-Interest-Bearing Accounts$405,601$287,297▼ $118,304
Accounts Receivable$92,472$103,937▲ $11,465
Land, Buildings, and Equipment, Net$44,329$31,233▼ $13,096
Prepaid Expenses and Deferred Charges$6,316$6,528▲ $212
Total Assets$1,431,511$1,376,061▼ $55,450
Other Assets Total$4,525$5,120▲ $595
Liabilities
Accounts Payable and Accrued Expenses$71,795$61,014▼ $10,781
Other Liabilities$2,931$2,054▼ $877
Total Liabilities$74,726$63,068▼ $11,658
Net Assets / Fund Balance
Unrestricted Net Assets$1,356,785$1,312,993▼ $43,792
Total Net Assets Fund Balance$1,356,785$1,312,993▼ $43,792
Total Liabilities and Net Assets / Fund Balance$1,431,511$1,376,061▼ $55,450

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,233$52,334$83,567
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dwight EngenMarketing DirectorFT$101,997$63,372$165,369

Board Members and Trustees

NameTitle
Mark RyanChairman
Mike BubaloCo-chairman
Dave BorstCo-chairman-past
Chris BornTrustee
Dan OlsonTrustee
Denise WoodsTrustee
John KittlesonTrustee
Rick PeperTrustee
Shawn BrafordTrustee
Sheldon SteeleTrustee
Tom VeveaTrustee
Steve BuckTrustee-past
Tim MccauleyTrustee-past
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,065,470
Investment Income
$15,087
Other Revenue
$32,087
Change in Net Assets
$-43,792

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,080,557
Revenue Not Reported on Financial Statements
$32,087
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$32,087
Total Revenue per Audited Statements
$1,080,557
Total Revenue per Form 990
$1,112,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$978,090
Salaries, Compensation, and Employee Benefits$173,276
Grants and Similar Amounts Paid$5,070
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$414,886
Payments to Affiliates---$258,367
Other Salaries and Wages---$101,997
Pension Plan Contributions---$47,051
Occupancy---$36,000
Office Expenses---$25,073
Other Expenses---$22,644
Other Employee Benefits---$16,321
Depreciation Depletion---$14,491
Travel---$9,456
Conferences and Meetings---$9,421
Insurance---$9,100
Fees for Services Management---$9,052
Fees for Services Other---$8,658
Payroll Taxes---$7,907
Fees for Services Accounting---$5,400
Fees for Services Legal---$3,253
Grants to Domestic Orgs---$3,070
Grants to Domestic Individuals---$2,000
Total Functional Expenses$0$0$0$1,156,436

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,156,436
Expenses per Audited Statements$1,124,349
Total Expenses per Audited Statements$1,124,349
Expenses Not Reported on Financial Statements$32,087
Other Expense Adjustments$32,087
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholdings Not Remitted at Year End$2,054
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Although the trustees retain the ultimate responsibility, the board has delegated the day to day administrative duties to zenith american solutions as the third party administrator of the fund.”

Form 990, Part VI, Section A, Line 7A

“Union trustees shall be appointed by the laborers district council of minnesota & north dakota. Employer trustees shall be appointed by the associated general contractors of minnesota.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is provided to and reviewed by the entire board of trustees before filing.”

Form 990, Part VI, Section B, Line 12C

“To ensure the plan operates in a manner consistent with its purpose and does not engage in activities that could jeopardize its tax exempt status and fiduciary obligations, periodic reviews of compliance with the conflict of interest policy are conducted by the board of trustees.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy and financial statements are made available to participants. These documents can be obtained by request at the fund office.”

Filing and Contact Details

Filer

Filer Name
Minnesota Laborers-employers Cooperation
EIN
41-6363196
Phone
6512561900
Address
2520 PILOT KNOB ROAD NO 325, MENDOTA HEIGHTS, MN 55120

Signing Officer

Name
Mike Bubalo
Title
Co-chairman
Phone
6512561900
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Bubalo
Formed
1992
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
6800 FRANCE AVENUE SO SUITE 550, EDINA, MN 55435
Preparer
Eric C Baertsch
Phone
9528413950
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require the fund to evaluate tax positions taken and recognize a tax liability if the fund has taken an uncertain tax position that more likely than not would not be sustained upon examination by tax authorities. The fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Legal fees recovery 487. Safety incentive program contributions 31,600.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Legal fees recovery 487. Safety incentive program contributions 31,600.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc1PICK 1, GET 3 CAMPAIGN
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3SAFETY INCENTIVE PROGRA
IRS990/OtherExpensesGrp/TotalAmt063593
IRS990/OtherExpensesGrp/TotalAmt159709
IRS990/OtherExpensesGrp/TotalAmt228987
IRS990/OtherExpensesGrp/TotalAmt322644
IRS990/OtherLiabilitiesGrp/BOYAmt02931
IRS990/OtherLiabilitiesGrp/EOYAmt02054
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SAFETY INCENTIVE PROGR
IRS990/OtherRevenueMiscGrp/Desc1LEGAL FEES RECOVERY
IRS990/OtherRevenueMiscGrp/ExclusionAmt031600
IRS990/OtherRevenueMiscGrp/ExclusionAmt1487
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1487
IRS990/OtherRevenueTotalAmt032087
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101997
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt0258367
IRS990/PayrollTaxesGrp/TotalAmt07907
IRS990/PensionPlanContributionsGrp/TotalAmt047051
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06316
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06528
IRS990/PrincipalOfficerNm0MIKE BUBALO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01065470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01065470
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt05530
IRS990/PYInvestmentIncomeAmt010271
IRS990/PYOtherExpensesAmt0897786
IRS990/PYOtherRevenueAmt027905
IRS990/PYProgramServiceRevenueAmt01078165
IRS990/PYRevenuesLessExpensesAmt060515
IRS990/PYSalariesCompEmpBnftPaidAmt0152510
IRS990/PYTotalExpensesAmt01055826
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01116341
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-43792
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0878268
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0941946
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt031233
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052334
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083567
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032087
IRS990ScheduleD/ExpensesSubtotalAmt01124349
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt032087
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02054
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL WITHHOLDINGS NOT REMITTED AT YEAR END
IRS990ScheduleD/OtherRevenuesNotIncludedAmt032087
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032087
IRS990ScheduleD/RevenueSubtotalAmt01080557
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FUND TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LEGAL FEES RECOVERY 487. SAFETY INCENTIVE PROGRAM CONTRIBUTIONS 31,600.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LEGAL FEES RECOVERY 487. SAFETY INCENTIVE PROGRAM CONTRIBUTIONS 31,600.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031233
IRS990ScheduleD/TotalExpensesPerForm990Amt01156436
IRS990ScheduleD/TotalLiabilityAmt02054
IRS990ScheduleD/TotalRevenuePerForm990Amt01112644
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01080557
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01124349
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0101997
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt047051
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DWIGHT ENGEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0MARKETING DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0165369
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALTHOUGH THE TRUSTEES RETAIN THE ULTIMATE RESPONSIBILITY, THE BOARD HAS DELEGATED THE DAY TO DAY ADMINISTRATIVE DUTIES TO ZENITH AMERICAN SOLUTIONS AS THE THIRD PARTY ADMINISTRATOR OF THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNION TRUSTEES SHALL BE APPOINTED BY THE LABORERS DISTRICT COUNCIL OF MINNESOTA & NORTH DAKOTA. EMPLOYER TRUSTEES SHALL BE APPOINTED BY THE ASSOCIATED GENERAL CONTRACTORS OF MINNESOTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED TO AND REVIEWED BY THE ENTIRE BOARD OF TRUSTEES BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENSURE THE PLAN OPERATES IN A MANNER CONSISTENT WITH ITS PURPOSE AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS AND FIDUCIARY OBLIGATIONS, PERIODIC REVIEWS OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ARE CONDUCTED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PARTICIPANTS. THESE DOCUMENTS CAN BE OBTAINED BY REQUEST AT THE FUND OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01431511
IRS990/TotalAssetsEOYAmt01376061
IRS990/TotalAssetsGrp/BOYAmt01431511
IRS990/TotalAssetsGrp/EOYAmt01376061
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/TotalAmt01156436
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074726
IRS990/TotalLiabilitiesEOYAmt063068
IRS990/TotalLiabilitiesGrp/BOYAmt074726
IRS990/TotalLiabilitiesGrp/EOYAmt063068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01356785
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01312993
IRS990/TotalOtherCompensationAmt063372
IRS990/TotalProgramServiceRevenueAmt01065470
IRS990/TotalReportableCompFromOrgAmt0101997
IRS990/TotalRevenueGrp/ExclusionAmt047174
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01065470
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01112644
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01431511
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01376061
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt09456
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01356785
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01312993
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02520 PILOT KNOB ROAD NO 325
IRS990/USAddress/CityNm0MENDOTA HEIGHTS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055120
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.MNLECET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE BUBALO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06512561900
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA LABORERS-EMPLOYERS COOPERATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0& EDUCATION TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0416363196
ReturnHeader/Filer/PhoneNum06512561900

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,376,061
Liabilities
$63,068
Net assets
$1,312,993
Revenue
$1,112,644
Expenses
$1,156,436
Net income
-$43,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$1.41$1.38$0.02
2023Summary only. Only limited summary data is available for this year.$1.17$0.05$1.12$1.18$1.35$0.17
2022Summary only. Only limited summary data is available for this year.$1.37$0.09$1.28$1.19$1.40$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.03$1.49$1.30$1.11$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.03$1.30$1.08$1.14$0.07
2019Summary only. Only limited summary data is available for this year.$1.41$0.05$1.37$1.24$1.19$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.38$0.06$1.31$1.11$1.16$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.07$1.36$1.12$1.06$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.07$1.30$1.14$0.96$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.06$1.12$1.04$0.82$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.07$0.89$0.76$0.77$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.07$0.90$0.70$0.69$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.05$0.89$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.07$0.93$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.05$1.03$0.61