2026-02-11T12:42:54-06:00 2025-04-30 450334950 WIDMER ROEL PC 4220 31ST AVE S FARGO ND 58104 990 2024-05-01 200153871 ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA EMPLOYEE BENEFIT TRUST ASSO 7012232770 422 NORTH 2ND ST BISMARCK ND 585013826 NANCY SLOTTEN CHAIRMAN 7012232770 2026-02-06 1 0 TRACEE S BUETHNER CPA P01292877 7012376022 2024 2025-03-06 01:10:19Z NANCY SLOTTEN 422 NORTH 2ND ST BISMARCK ND 585013826 8902471 0 X WWW.AGCND.ORG X 2003 ND PROVIDE WELFARE BENEFITS TO EMPLOYEES AND THEIR DEPENDENTS WHOSE EMPLOYERS ARE MEMBERS OF THE ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA. 5 0 0 17 391098 243968 0 0 8271880 7738689 352895 391098 4158 0 8628933 8129787 0 0 5673862 4871666 0 0 0 0 0 2060915 2367771 7734777 7239437 894156 890350 7187277 8145040 130790 128053 7056487 8016987 PROVIDE WELFARE BENEFITS TO EMPLOYEES AND THEIR DEPENDENTS WHOSE EMPLOYERS ARE MEMBERS OF THE ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA. 0 0 TO PROVIDE GROUP INSURANCE FOR MEMBERS AND DEPENDENTS INCLUDING LIFE AND ACCIDENT AND HEALTH INSURANCE. FOR THE YEAR ENDED APRIL 30, 2025 THE TRUST HAD 1,278 ACTIVE AND RETIRED OR SEPARATED PARTICIPANTS RECEIVING BENEFITS. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 X ANGEL VEDDER 7019292453 4510 13TH AVE S FARGO ND 581210001 NANCY SLOTTEN CHAIR 1.00 40.00 X X 0 0 0 TREVOR CHRISTIANSON VICE CHAIR/TRUSTEE 1.00 40.00 X X 0 0 0 JAY VISGER TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 ERIN LANGEMO TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 MARK PIETERICK TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 GAYLENE JOHNSON TRUSTEE 1.00 X 0 0 0 SARA GALT TRUSTEE 1.00 X 0 0 0 RUSSELL RAAD TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 SUZIE MEDLEY TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 TERALYN FARDEN TRUSTEE 1.00 X 0 0 0 LORI MCKAY TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 JESS FRANCIS TRUSTEE (FROM JAN UNTIL MARCH) 1.00 X 0 0 0 MOLLY BARNES TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 TRACY TOOZ TRUSTEE (UNTIL MARCH) 1.00 X 0 0 0 SHERRI HESER TRUSTEE (FROM JAN UNTIL MARCH) 1.00 X 0 0 0 BOB HORAB TRUSTEE (FROM JAN UNTIL MARCH) 1.00 X 0 0 0 SAVANNAH SCHMIDT SECRETARY (NON-VOTING) 1.00 40.00 X 0 81302 21209 0 81302 21209 0 0 0 0 BLUE CROSS BLUE SHIELD 4510 13TH AVE S FARGO ND 58121 CLAIMS ADMINISTRATION 437870 NORIDIAN BENEFIT PLAN ADMINISTRATORS 4510 13TH AVE S FARGO ND 58103 CLAIMS ADMINISTRATION 141948 NORTH RISK PARTNERS 1019 5TH AVE S FARGO ND 58103 CONSULTING SERVICES 104228 3 EMPLOYER CONTRIBUTIONS 525100 7490131 7490131 PARTICIPANT FEES 512000 158114 158114 PARTICIPANT CONTRIBUTI 512000 90444 90444 7738689 315232 315232 848550 772684 75866 75866 75866 8129787 7738689 391098 0 X 4871666 76176 28890 59967 739268 183008 4347 INSURANCE PREMIUMS 1215430 INCOME TAX EXPENSE 57769 PCORI FEES 2916 7239437 38446 244673 875323 997573 6273508 6902794 7187277 8145040 12617 21695 118173 106358 130790 128053 X 7056487 8016987 0 0 0 0 7056487 8016987 7187277 8145040 X 890350 70147 3 X 0 1 X 0 0 0 96000 DEFERRED TAXES 10358 106358 X 8139967 70147 70147 8069820 59967 59967 8129787 7179468 0 7179468 59967 2 59969 7239437 PART X, LINE 2: THE VEBA TRUST ESTABLISHED TO HOLD THE PLANS ASSETS RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED JUNE 20, 2006, STATING THAT THE TRUST QUALIFIES UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME, THE TRUST MAY BE SUBJECT TO INCOME TAXES. ALTHOUGH TAX EXEMPT HEALTH AND WELFARE BENEFIT PLANS ARE NOT GENERALLY SUBJECT TO TAXATION, CERTAIN ACTIVITIES OF THE PLAN MAY BE TAXABLE. THE INVESTMENT INCOME OF A VEBA MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) TO THE EXTENT THAT ASSETS EXCEED CERTAIN ACCOUNT LIMITS FOR HEALTH, LIFE, AND OTHER BENEFITS. ADDITIONALLY, UNRELATED BUSINESS TAXABLE INCOME (UBTI) OF A TAX EXEMPT ENTITY IS SUBJECT TO TAXATION. THE PLAN WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. THE PLAN HAS ACCRUED AN INCOME TAX PAYABLE ON THE STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS RELATED TO UBTI. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC AND MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 2. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES CONSIST OF EMPLOYEES OF CONTRIBUTING EMPLOYERS TO THE ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA EMPLOYEE BENEFIT TRUST. THE TRUSTEES ARE COMPENSATED BY THEIR RESPECTIVE CONTRIBUTING EMPLOYERS FOR THE SERVICES THEY PROVIDE AS EMPLOYEES. DUE TO THIS, THESE TRUSTEES ARE NOT CONSIDERED INDEPENDENT TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA EMPLOYEE BENEFIT TRUST HAS ONE CLASS OF MEMBERS CONSISTING OF THE CONTRIBUTING EMPLOYERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY ARE ELECTED BY A MAJORITY VOTE OF MEMBERS. EACH MEMBER RECEIVES ONE VOTE FOR EACH VACANCY WITHIN THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE ABILITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES BEFORE IT IS FILED AND REVIEWED AT THE NEXT REGULARLY SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES - CONSULTING 159,450. ADMINISTRATIVE FEES 579,818. FORM 990, PART XI, LINE 9: ROUNDING 3. ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA 422 N 2ND ST BISMARCK ND 58502 450229993 BUSINESS ASSOCIATION ND 501(C)(6) 0 ABRASIVES INC 450416381 0 ANDERSON WESTERN INC 450427436 0 BORDER STATES PAVING INC 450304864 0 DICKINSON READY MIX 450226076 0 FARDEN CONSTRUCTION 450448738 0 GOWAN CONSTRUCTION INC 450435648 0 GRATECH CO 450418745 0 INDUSTRIAL BUILDERS INC 450235872 0 MAYO CONSTRUCTION COMPANY INC 450351973 0 MINOT PAVING 450334009 0 NORTHERN IMPROVEMENT 450262344 0 STEVEN'S WELDING 863816885 0 TOOZ CONSTRUCTION INC 450345656 0 CONCRETE MOBILE 450444080 0 GRAVEL PRODUCTS 450317368 0 HORAB TRANSPORT 450448380 0 MCCODY CONCRETE 450453246 0 RUACH RESOURCES 275465597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0