Civic Intelligence

Minnesota Mechanical Contractors Industry Fund

990 • Fiscal year 2015 • EIN 51-0159228

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 19, 2016

Organization Profilewww.MINNESOTAMCA.org
830 Transfer Road 1St Paul, MN 55114-1406

(651) 646-2121

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

97th percentile

43%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

97th percentile

68%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

26%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$1,925,303

Up $780,177 (+68%) from 2014

Net Assets

Up

$1,893,928

Up $783,414 (+71%) from 2014

Liabilities

Down

$31,375

Down $3,237 (-9.4%) from 2014

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin97th percentile

Revenue

Up

$1,835,492

Up $373,229 (+26%) from 2014

Expenses

Up

$1,050,120

Up $75,768 (+7.8%) from 2014

Net Income

Up

$785,372

Up $297,461 (+61%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $213,918Liabilities 2010: $27,356Net Assets 2010: $186,5622010Assets 2011: $196,796Liabilities 2011: $36,700Net Assets 2011: $160,0962011Assets 2012: $157,240Liabilities 2012: $39,445Net Assets 2012: $117,7952012Assets 2013: $656,968Liabilities 2013: $34,365Net Assets 2013: $622,6032013Assets 2014: $1,145,126Liabilities 2014: $34,612Net Assets 2014: $1,110,5142014Assets 2015: $1,925,303Liabilities 2015: $31,375Net Assets 2015: $1,893,9282015Assets 2016: $2,676,596Liabilities 2016: $17,018Net Assets 2016: $2,659,5782016Assets 2017: $3,237,695Liabilities 2017: $975Net Assets 2017: $3,236,7202017Assets 2018: $3,496,957Liabilities 2018: $0Net Assets 2018: $3,496,9572018Assets 2019: $3,938,162Liabilities 2019: $0Net Assets 2019: $3,938,1622019Assets 2020: $4,107,000Liabilities 2020: $0Net Assets 2020: $4,107,0002020Assets 2021: $4,369,956Liabilities 2021: $0Net Assets 2021: $4,369,9562021Assets 2022: $4,754,414Liabilities 2022: $19,146Net Assets 2022: $4,735,2682022Assets 2023: $5,098,197Liabilities 2023: $26,060Net Assets 2023: $5,072,1372023Assets 2024: $5,537,702Liabilities 2024: $22,689Net Assets 2024: $5,515,0132024

Highlighted filing

2015

Assets$1,925,303
Liabilities$31,375
Net Assets$1,893,928
Open 2015 Filing

Operations Trend

Revenue Growth90th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $670,100Expenses 2010: $777,894Net Income 2010: -$107,7942010Expenses 2011: $745,2852011Expenses 2012: $876,6202012Revenue 2013: $1,376,970Expenses 2013: $872,162Net Income 2013: $504,8082013Revenue 2014: $1,462,263Expenses 2014: $974,352Net Income 2014: $487,9112014Revenue 2015: $1,835,492Expenses 2015: $1,050,120Net Income 2015: $785,3722015Revenue 2016: $1,785,788Expenses 2016: $1,022,242Net Income 2016: $763,5462016Revenue 2017: $1,804,406Expenses 2017: $1,234,317Net Income 2017: $570,0892017Revenue 2018: $1,837,377Expenses 2018: $1,590,815Net Income 2018: $246,5622018Revenue 2019: $1,940,714Expenses 2019: $1,578,556Net Income 2019: $362,1582019Revenue 2020: $1,738,614Expenses 2020: $1,575,901Net Income 2020: $162,7132020Revenue 2021: $1,819,648Expenses 2021: $1,537,258Net Income 2021: $282,3902021Revenue 2022: $1,819,561Expenses 2022: $1,607,521Net Income 2022: $212,0402022Revenue 2023: $2,078,895Expenses 2023: $1,742,783Net Income 2023: $336,1122023Revenue 2024: $2,216,361Expenses 2024: $1,777,155Net Income 2024: $439,2062024

Highlighted filing

2015

Revenue$1,835,492
Expenses$1,050,120
Net Income$785,372
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 19, 2016
Return Version
2015v2.1
Gross Receipts
$1,835,492
Mission and Program Overview

Mission

Minnesota mechanical contractors industry funds mission is to provide quality services to members, with an emphasis on labor relations, legislation, education, industry standards, and promotions. Funds shall be used for industry promotional and related purposes.

MMCIF's mission is to provide quality services to members with an emphasis on labor relations, legislation, education, industry standards and promotions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,014,578$981,710▼ $32,868
Savings and Temporary Cash Investments$0$798,262▲ $798,262
Accounts Receivable$130,428$145,331▲ $14,903
Prepaid Expenses and Deferred Charges$120$0▼ $120
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,145,126$1,925,303▲ $780,177
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$34,612$31,375▼ $3,237
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$34,612$31,375▼ $3,237
Net Assets / Fund Balance
Unrestricted Net Assets$1,110,514$1,893,928▲ $783,414
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,110,514$1,893,928▲ $783,414
Total Liabilities and Net Assets / Fund Balance$1,145,126$1,925,303▲ $780,177
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Chris YoungChair
Brad KramerTrustee
Chad NelsonTrustee
David BawekTrustee
Keith LarsonTrustee
Patrick HartyTrustee
Scott WenzelTrustee
Stu McIntoshTrustee
Tom ElanderTrustee
Steve PettersenAdministrator
Lori BauerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pettersen Associates INCThird Party Admin830 TRANSFER ROAD 1, St Paul, MN 55114$892,512
Revenue and Support

Revenue Composition

Contributions and Grants
$1,811,522
Program Service Revenue
$0
Investment Income
$220
Other Revenue
$23,750
Change in Net Assets
$785,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,035,045
Grants and Similar Amounts Paid$15,075
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$892,512
Conferences and Meetings---$58,302
All Other Expenses---$39,020
Grants to Domestic Orgs---$15,075
Office Expenses---$10,185
Advertising---$3,341
Insurance---$3,047
Fees for Services Other---$1,905
Fees for Services Legal---$1,752
Fees for Services Accounting---$1,625
Other Expenses---$30
Total Functional Expenses$0$0$0$1,050,120
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$42,588
Total Nondeductible Lobbying and Political Cost$42,588
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Pettersen and AssociatesAdministratorThird Party Mangement ServicesNo$892,512

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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

Part VI, Section A, Line 3:

“Pettersen & Associates performs management duties for Minnesota Mechanical Contractors Industry Fund subject to board oversight. Steve Pettersen, the organization's administrator listed as an officer in Part VII, is a 90% shareholder of Pettersen & Associates. Steve received $470,772 of compensation from Pettersen & Associates during the 2015 calendar year.”

Part VI, Section A, Line 6:

“The organization is made up of members. Dues received from the members is the primary source of revenue and it is the organization's mission to serve the members.”

Part VI, Section A, Line 7A:

“An election is held annually for the members to elect the governing body.”

Part VI, Section A, Line 8B:

“There are no committees that have the authority to act on behalf of the governing body.”

Part VI, Section C, Line 19:

“Minnesota Mechanical Contractors Industry Fund makes its governing documents and financial statements available to the public upon request.”

Part VI, Section B, Line 11B

“The Board reviews the Form 990 prior to filing.”

Filing and Contact Details

Filer

Filer Name
Minnesota Mechanical Contractors
EIN
51-0159228
In Care Of
% REBECCA MOSER
Phone
6516462121
Address
830 Transfer Road 1, St Paul, MN 55114-1406

Signing Officer

Name
Steve Pettersen
Title
Administrator
Phone
6516462121
Signed
2016-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Pettersen
Formed
1975
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Bdo USA Llp
Address
7650 EDINBOROUGH WAY STE 225, EDINA, MN 55435
Preparer
Christopher Link
Phone
9528545700
Raw XML AppendixShowing 400 of 459 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt034612
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031375
IRS990/AccountsReceivableGrp/BOYAmt0130428
IRS990/AccountsReceivableGrp/EOYAmt0145331
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MMCIF's mission is to provide quality services to members with an emphasis on labor relations, legislation, education, industry standards and promotions.
IRS990/AdvertisingGrp/TotalAmt03341
IRS990/AllOtherExpensesGrp/TotalAmt039020
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0REBECCA MOSER
IRS990/BooksInCareOfDetail/PhoneNum07635150354
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03601 THURSTON AVE SUITE 102
IRS990/BooksInCareOfDetail/USAddress/CityNm0Anoka
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055303
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01014578
IRS990/CashNonInterestBearingGrp/EOYAmt0981710
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt058302
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0892512
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0830 TRANSFER ROAD 1
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ST PAUL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055114
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0PETTERSEN ASSOCIATES INC
IRS990/ContractorCompensationGrp/ServicesDesc0THIRD PARTY ADMIN
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01811522
IRS990/CYGrantsAndSimilarPaidAmt015075
IRS990/CYInvestmentIncomeAmt0220
IRS990/CYOtherExpensesAmt01035045
IRS990/CYOtherRevenueAmt023750
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0785372
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01050120
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01835492
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Minnesota Mechanical Contractors Industry Fund works to increase the efficiency of the industry. Some methods of accomplishing that in the present year include providing training, easier access to industry related information via website, and by communicating with the legislature regarding issues impacting the mechanical contractor industry.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt01625
IRS990/FeesForServicesLegalGrp/TotalAmt01752
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt0892512
IRS990/FeesForServicesOtherGrp/TotalAmt01905
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.5
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Tom Elander
IRS990/Form990PartVIISectionAGrp/PersonNm1Lori Bauer
IRS990/Form990PartVIISectionAGrp/PersonNm2Patrick Harty
IRS990/Form990PartVIISectionAGrp/PersonNm3Chad Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm4Scott Wenzel
IRS990/Form990PartVIISectionAGrp/PersonNm5Stu McIntosh
IRS990/Form990PartVIISectionAGrp/PersonNm6Keith Larson
IRS990/Form990PartVIISectionAGrp/PersonNm7David Bawek
IRS990/Form990PartVIISectionAGrp/PersonNm8Brad Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm9Chris Young
IRS990/Form990PartVIISectionAGrp/PersonNm10Steve Pettersen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt10Administrator
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt015075
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01835492
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt03047
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0220
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0220
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01811522
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MINNESOTA MECHANICAL CONTRACTORS INDUSTRY FUNDS MISSION IS TO PROVIDE QUALITY SERVICES TO MEMBERS, WITH AN EMPHASIS ON LABOR RELATIONS, LEGISLATION, EDUCATION, INDUSTRY STANDARDS, AND PROMOTIONS. FUNDS SHALL BE USED FOR INDUSTRY PROMOTIONAL AND RELATED PURPOSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01110514
IRS990/NetAssetsOrFundBalancesEOYAmt01893928
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt020375
IRS990/NetUnrlzdGainsLossesInvstAmt0-1958
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt010185
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1TRAINING & EDUCATION
IRS990/OtherExpensesGrp/Desc2NECA EXPENSES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/TotalAmt07285
IRS990/OtherExpensesGrp/TotalAmt115210
IRS990/OtherExpensesGrp/TotalAmt2831
IRS990/OtherExpensesGrp/TotalAmt330
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0SPONSORSHIP INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023750
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt023750
IRS990/OtherRevenueTotalAmt023750
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0120
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Steve Pettersen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MINNESOTA MECHANICAL CONTRACTORS INDUSTRY FUND PROMOTES THE BENEFIT OF THE PUBLIC AS WELL AS AWARENESS OF THE CONTRACTORS INDUSTRY THROUGH PROGRAMS SUCH AS THE HEATS ON AND WATERS OFF PROGRAMS. THESE PROGRAMS PROVIDE SERVICES TO THE LOW-INCOME, ELDERLY, AND DISABLED HOMEOWNERS WHO WOULD NOT NORMALLY BE ABLE TO AFFORD SUCH SERVICES.
IRS990/ProgSrvcAccomActy3Grp/Desc0MINNESOTA MECHANICAL CONTRACTORS INDUSTRY FUND WORKS TO DEVELOP JOB OPPORTUNITIES FOR THOSE WORKING WITHIN THE INDUSTRY. SOME EXAMPLES OF WAYS THIS WAS ACCOMPLISHED WERE UPDATING CONSTRUCTION CAREERS.ORG WEBSITE, WORKING TO RECRUIT STUDENTS INTO THE INDUSTRY, AND WORKING WITH OTHER ORGANIZATIONS TO PROMOTE THE INDUSTRY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01442263
IRS990/PYGrantsAndSimilarPaidAmt09113
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0965239
IRS990/PYOtherRevenueAmt020000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0487911
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0974352
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01462263
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0785372
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0798262
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt042588
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt01811522
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt042588
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt042588
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Pettersen and Associates
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Administrator
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0892512
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Third Party Mangement Services
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0$892,512 was paid to Pettersen and Associates, Inc., of which Steve Pettersen is a 90% shareholder, for management and administrative services rendered in 2015.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Steve Pettersen
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pettersen & Associates performs management duties for Minnesota Mechanical Contractors Industry Fund subject to board oversight. Steve Pettersen, the organization's administrator listed as an officer in Part VII, is a 90% shareholder of Pettersen & Associates. Steve received $470,772 of compensation from Pettersen & Associates during the 2015 calendar year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization is made up of members. Dues received from the members is the primary source of revenue and it is the organization's mission to serve the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An election is held annually for the members to elect the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees that have the authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Minnesota Mechanical Contractors Industry Fund makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board reviews the Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section A, Line 3:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section A, Line 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section A, Line 7A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section A, Line 8B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Section C, Line 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI, Section B, Line 11B
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Minnesota Mechanical Contractors Assn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410519110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Member Srvcs
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0830 Transfer Road 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0St Paul
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055114
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01145126
IRS990/TotalAssetsEOYAmt01925303
IRS990/TotalAssetsGrp/BOYAmt01145126
IRS990/TotalAssetsGrp/EOYAmt01925303
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01811522
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01050120
IRS990/TotalGrossUBIAmt023750
IRS990/TotalLiabilitiesBOYAmt034612

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,925,303
Liabilities
$31,375
Net assets
$1,893,928
Revenue
$1,835,492
Expenses
$1,050,120
Net income
$785,372
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$0.02$5.52$2.22$1.78$0.44
2023Detailed filing. Detailed filing data is available for this year.$5.10$0.03$5.07$2.08$1.74$0.34
2022Detailed filing. Detailed filing data is available for this year.$4.75$0.02$4.74$1.82$1.61$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.37$0.00$4.37$1.82$1.54$0.28
2020Detailed filing. Detailed filing data is available for this year.$4.11$0.00$4.11$1.74$1.58$0.16
2019Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$1.94$1.58$0.36
2018Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$1.84$1.59$0.25
2017Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$1.80$1.23$0.57
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.02$2.66$1.79$1.02$0.76
2015Detailed filing. Detailed filing data is available for this year.$1.93$0.03$1.89$1.84$1.05$0.79
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.03$1.11$1.46$0.97$0.49
2013Detailed filing. Detailed filing data is available for this year.$0.66$0.03$0.62$1.38$0.87$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.04$0.12$0.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.04$0.16$0.75
2010Summary only. Only limited summary data is available for this year.$0.21$0.03$0.19$0.67$0.78$0.11