Union Construction Crafts Workers' Compensation Fund

Nonprofit profile at a glance

EIN
411835606
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Bloomington, MN, USA
Phone
9528540795
Rating confidence
Limited

Official website

Reported finances

Revenue
$1,776,720
Expenses
$1,764,643
Assets
$592,626
Liabilities
$26,330

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

26 people listed

People named in this filing

  • BARRY DAVIES (LABOR TRUSTEE)
  • RUSS SCHERBER (LABOR TRUSTEE)
  • MATT FAIRBANKS (LABOR TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2025

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.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 63
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 45.8%; rating input score 46; 14th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.7%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 24 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 26 people listed
  • Highest-paid contractors: 1 contractor listed · $1.5M reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 46/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.