Dakotas Areawide Ibew-Neca Vacation And Holiday Trust is located in Fargo, ND. The organization was established in 1978. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dakotas Areawide Ibew-Neca Vacation And Holiday Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Dakotas Areawide Ibew-Neca Vacation And Holiday Trust generated $6.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE VACATION AND HOLIDAY BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE VACATION, HOLIDAY, AND SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS UNDER THE TERMS OF THE PLAN DOCUMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Christian Secretary | OfficerTrustee | 1 | $0 |
Randy Bartsch Chairman | OfficerTrustee | 1 | $0 |
Duane Haertling Trustee | Trustee | 1 | $0 |
James Ruud Trustee | Trustee | 1 | $0 |
Jamie Helgeson Trustee | Trustee | 1 | $0 |
Robert Jarding Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $6,470,988 |
Investment income | $203 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,471,191 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $5,842,200 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $13,800 |
Fees for services: Legal | $13,172 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,625 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,539 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,237 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $966 |
All other expenses | $0 |
Total functional expenses | $5,890,039 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,122 |
Savings and temporary cash investments | $4,084,702 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $820,109 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,917,933 |
Accounts payable and accrued expenses | $6,920 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $6,920 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $4,911,013 |
Total liabilities and net assets/fund balances | $4,917,933 |
Organization Name | Assets | Revenue |
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South Dakota Bankers Benefit Plan Trust Pierre, SD | $10,846,248 | $20,987,346 |
Electrical Workers Health & Welfare Fund Duluth, MN | $27,423,421 | $24,491,701 |
South Central Minnesota Electrical Workers Industry Welfare Plan Bloomington, MN | $63,328,603 | $16,507,851 |
Supervalu Group Health And Welfare Trust Eden Prairie, MN | $85,950 | $5,243,851 |
Duluth Building Trades Welfare Fund Duluth, MN | $35,749,617 | $16,928,009 |
St Paul Electrical Workers Regular St Paul, MN | $17,814,839 | $14,061,192 |
3m Employees Benefit Association St Paul, MN | $4,759,635 | $14,822,010 |
Minnesota Cement Masons Health And Welfare Fund Mendota Heights, MN | $24,267,811 | $13,206,130 |
Allete And Affiliated Companies Employees Medical Plan Duluth, MN | $7,067,676 | $13,930,202 |
Minneapolis Automobile Dealers Employees Benefit Fund Bloomington, MN | $9,028,671 | $13,599,167 |
Pipe Trades Services Mn Retiree Health Fund White Bear Lake, MN | $289,075,105 | $30,258,981 |
National Roofers Union & Employers Joint Health & Welfare Fund Bloomington, MN | $25,717,138 | $10,251,636 |