2023-12-01T14:00:49-06:00 2023-04-30 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE STE 300 CEDAR RAPIDS IA 52401 990 2022-07-01 421074443 FIVE RIVERS CARPENTERS DISTRICT COUNCIL EDUCATIONAL TRUST FUND FIVE 3193659519 350 WACONIA CT SW CEDAR RAPIDS IA 52404 WAYNE NORDIN CHAIR OF CARPENTERS AND JOINERS APP 3193659519 2023-11-20 1 WAYNE NORDIN 999009999 0 BRITTNEY FOX P01683034 6123764500 2023-11-20 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X WAYNE NORDIN 350 WACONIA CT SW CEDAR RAPIDS IA 52404 472844 0 X N/A X 1975 IA PROVIDING CARPENTRY TRAINING AND EDUCATION. X 7 7 5 10 0 0 108160 0 559618 466533 631 2800 2211 3511 670620 472844 0 1211054 0 0 465558 361178 0 0 0 240436 237743 705994 1809975 -35374 -1337131 1354948 0 17817 0 1337131 0 PROVIDING CARPENTRY TRAINING AND EDUCATION. 0 0 1558455 1211054 469616 PROVIDED TRAINING FOR APPRENTICE AND JOURNEYMEN CARPENTERS. DURING THE TAXABLE YEAR, THERE WERE 90 PARTICIPANTS IN TRAINING COURSES. 1558455 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 IA X MATT CAMPANARIO 6518880484 740 OLIVE STREET ST PAUL MN 55130 DAVID UNZEITIG SECRETARY 1.00 X X 0 0 0 JOE FAY TRUSTEE 1.00 X 0 0 0 ROYCE PETERSON CHAIRMAN 1.00 X X 0 0 0 ROBERT DOUBEK TRUSTEE 1.00 X 0 0 0 DOUG WHITE TRUSTEE 1.00 X 0 0 0 STEVE NIENHAUS ALTERNATE TRUSTEE 1.00 X 0 0 0 DEREK DUEHR TRUSTEE 1.00 X 0 0 0 MATTHEW DELANY TRAINING DIRECTOR 50.00 X 80230 0 35395 80230 0 35395 0 0 0 0 0 CONTRACTOR DUES 900099 461214 461214 TRAINING MANUAL SALES 900099 5319 5319 466533 2800 2800 428 0 428 428 428 MISCELLANEOUS 900099 3083 3083 3083 472844 469616 0 3228 1211054 1211054 98312 73734 24578 179168 80835 98333 39031 29273 9758 31201 23401 7800 13466 10100 3366 38535 38535 2852 2852 48291 23347 24944 25098 17640 7458 1986 1490 496 14472 14472 589 147 442 45275 24180 21095 22616 16962 5654 SUPPLIES AND TOOLS 16545 13104 3441 MAINTENANCE & REPAIR 11072 8304 2768 APPRENTICESHIP CONTEST 5824 5824 TRAINING MATERIALS & MA 4588 4588 1809975 1558455 251520 0 81874 0 689972 0 0 0 0 0 0 0 0 0 0 583102 0 0 0 0 0 0 0 1354948 0 9128 0 8689 0 17817 0 X 1337131 0 1337131 0 1354948 0 -1337131 0 X X 0 1 X 1 0 X SHORT YEAR EXPLANATION: THE ORGANIZATION FILED ARTICLES OF MERGER WITH THE CARPENTERS AND JOINERS APPRENTICESHIP AND JOURNEYMEN TRAINING TRUST FUND EFFECTIVE APRIL 1, 2023. 0 X 472844 0 472844 0 472844 1809975 0 1809975 0 1809975 PART X, LINE 2: THE FUND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW. THUS, A PROVISION FOR INCOME TAXES HAS NOT BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE FUND RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) DATED MARCH 26, 2004. HOWEVER, AS A RESULT OF THE FUND'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2023 AND 2022 FOR UNRELATED BUSINESS TAXABLE INCOME. FUND MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE FUND AND HAS CONCLUDED THE FUND HAS NOT TAKEN ANY UNCERTAIN POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE FUND PUBLICIZES ITS NONDISCRIMINATORY POLICY THROUGH ADVERTISING IN THE NEWSPAPER A COUPLE TIMES PER YEAR AND THE LOCAL ADVERTISES ON BEHALF OF THE FUND ALL YEAR. THE POLICY IS ALSO DISPLAYED AT THE ENTRANCE OF THE BUILDING. STUDENTS RECEIVE A COPY OF THE NONDISCRIMINATORY POLICY ALONG WITH A VERBAL EXPLANATION OF THE POLICY. THE STUDENTS SIGN AN ACKNOWLEDGEMENT FORM STATING THEY RECEIVED THE POLICY. SCHEDULE E, PART I, LINE 4 CONTRIBUTIONS ARE NOT SOLICITED. 0 CARPENTERS AND JOINERS APPRENTICESHIP AND JOURNEYMEN TRAINING TRUST FUND 740 OLIVE ST SAINT PAUL MN 55130 416041903 501(C)(3) 682528 528526 BOOK VALUE NET ASSETS OTHER THAN CASH TRANSFERRED ALL ASSETS AND LIABILITIES TO CARPENTERS AND JOINERS APPRENTICESHIP AND JOURNEYMEN TRAINING TRUST FUND 1 CASH 2023-04-01 682528 BOOK VALUE 416041903 CARPENTERS AND JOINERS APPRENTICESHIP AND JOURNEYMEN TRAINING TRUST FUND 740 OLIVE ST SAINT PAUL MN 55130 501(C)(3) OTHER NET ASSETS 2023-04-01 528526 BOOK VALUE 416041903 CARPENTERS AND JOINERS APPRENTICESHIP AND JOURNEYMEN TRAINING TRUST FUND 740 OLIVE ST SAINT PAUL MN 55130 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 9990, SCHEDULE N, PART 1 OTHER NET ASSETS INCLUDE: PROPERTY AND EQUIPMENT, PAYABLES, ACCRUED LIABILITIES FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES CONSISTS OF SIX MEMBERS. THREE ARE APPOINTED BY ALLIED CONSTRUCTION INTERESTS, INC. (THE ASSOCIATION) AND THREE ARE APPOINTED BY THE CHICAGO REGIONAL COUNCIL OF CARPENTERS (THE UNION), WITH PREFERENCE GIVEN TO AFFILIATED LOCAL UNIONS 308, 678 AND 1260 OF THE UNITED BROTHERHOOD OF CARPENTERS AND JOINERS OF AMERICA. FORM 990, PART VI, SECTION A, LINE 7B AN EMPLOYER TRUSTEE OR AN EMPLOYEE TRUSTEE MAY BE REMOVED FROM OFFICE AT ANYTIME FOR JUST CAUSE BY A RESOLUTION ADOPTED AT A SPECIAL MEETING OF THE EMPLOYER APPOINTING AUTHORITY. FORM 990, PART VI, SECTION A, LINE 8B THE FUND DOES NOT HAVE ANY COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE RETURN IS AVAILABLE IN DRAFT FORM, A COPY IS PROVIDED TO THE GOVERNING BODY FOR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FUND'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, TRUSTEES, AND OFFICERS. FOR EACH INTEREST DISCLOSED, THE CHAIRMAN OR SECRETARY WILL DETERMINE WHETHER TO: (A)TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF TRUSTEES AND OTHER INDIVIDUALS COVERED BY THIS POLICY SUCH THAT THE BOARD OF TRUSTEES MAY TAKE ACTION; OR (C) ASK THE PERSONS TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE FUND. THE FUND'S CHAIRMAN WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE BOARD OF TRUSTEES OF THE FUND IN ORDER TO ADDRESS POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES SALARY AMOUNTS FOR THE TRAINING DIRECTOR. THEY REVIEW LOCAL COLLECTIVE BARGAINING AGREEMENTS FOR WAGE AND BENEFIT GUIDANCE. A REVIEW WAS COMPLETED ON OCTOBER 19, 2017. WAGES ARE FORMALIZED IN A CONTRACT WITH THE TRAINING COORDINATOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 1: THE FUND USES A THE MODIFIED CASH BASIS OF ACCOUNTING WITH MODIFICATIONS FOR DONATED OR PURCHASED PROPERTY AND EQUIPMENT, DEPRECIATION EXPENSE AND ACCUMULATED DEPRECIATION, UNDEPOSITED PAYROLL WITHHOLDINGS, AND LIABILITIES ARISING FROM THE RECEIPT OF BORROWED CASH. THAT BASIS DIFFERS FROM GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRIMARILY BECAUSE THE FUND HAS NOT RECOGNIZED ACCOUNTS RECEIVABLE OR AMOUNTS DUE VENDORS NOR THE RELATED EFFECTS ON EARNINGS.