2025-03-06T15:44:42-06:00 2024-04-30 450334950 WIDMER ROEL PC 4220 31ST AVE S FARGO ND 58104 990 2023-05-01 200153871 ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA EMPLOYEE BENEFIT TRUST ASSO 7012232770 422 NORTH 2ND ST BISMARCK ND 585013826 NANCY SLOTTEN CHAIRMAN 7012232770 2025-03-04 1 0 TRACEE S BUETHNER CPA P01292877 7012376022 2023 2025-03-06 01:10:19Z NANCY SLOTTEN 422 NORTH 2ND ST BISMARCK ND 585013826 9357992 0 X X 2003 ND PROVIDE WELFARE BENEFITS TO EMPLOYEES AND THEIR DEPENDENTS WHOSE EMPLOYERS ARE MEMBERS OF THE ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA. 15 0 0 17 352895 247839 0 0 6734211 8271880 -12788 352895 0 4158 6721423 8628933 0 0 5601768 5673862 0 0 0 0 0 1846915 2060915 7448683 7734777 -727260 894156 6120731 7187277 64653 130790 6056078 7056487 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, 2024 THE TRUST HAD 1,264 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 15 0 1 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 CHAIRMAN 1.00 40.00 X X 0 0 0 TREVOR CHRISTIANSON VICE CHAIR/TRUSTEE 1.00 40.00 X X 0 0 0 GAYLENE JOHNSON TRUSTEE 1.00 40.00 X 0 0 0 TIM VISGER TRUSTEE 1.00 40.00 X 0 0 0 MARK PIETERICK TRUSTEE 1.00 40.00 X 0 0 0 ERIN LANGEMO TRUSTEE 1.00 40.00 X 0 0 0 TERALYN FARDEN TRUSTEE 1.00 40.00 X 0 0 0 LORI MCKAY TRUSTEE 1.00 40.00 X 0 0 0 RUSSELL ROAD TRUSTEE 1.00 40.00 X 0 0 0 MOLLY BARNES TRUSTEE 1.00 40.00 X 0 0 0 MIKE HILL TRUSTEE 1.00 40.00 X 0 0 0 SUZIE MEDLEY TRUSTEE 1.00 40.00 X 0 0 0 TRACY TOOZ TRUSTEE 1.00 40.00 X 0 0 0 BRANDON PODOLL TRUSTEE 1.00 40.00 X 0 0 0 STUART UHLENKAMP TRUSTEE 1.00 40.00 X 0 0 0 SARA GALT TRUSTEE 1.00 40.00 X 0 0 0 SAVANNAH SCHMID SECRETARY (NON-VOTING) 1.00 40.00 X 0 76284 19838 0 76284 19838 0 0 0 0 BLUE CROSS BLUE SHIELD 4510 13TH AVE S FARGO ND 58121 CLAIMS ADMINISTRATION 352879 1 EMPLOYER CONTRIBUTIONS 525100 8046634 8046634 PARTICIPANT FEES 525100 156380 156380 PARTICIPANT CONTRIBUTI 525100 68866 68866 8271880 295350 295350 786604 729059 57545 57545 57545 MISC. REVENUE-RELATED- 525100 4158 4158 4158 8628933 8276038 352895 0 5673862 70937 21510 36224 744499 8732 60 INSURANCE PREMIUMS 1025363 INCOME TAX EXPENSE 151361 PCORI FEES 2229 7734777 149301 38446 1006923 875323 4964507 6273508 6120731 7187277 14680 12617 49973 118173 64653 130790 X 6056078 7056487 0 0 0 0 6056078 7056487 6120731 7187277 X 894156 106251 2 X 0 1 X 0 0 0 75673 DEFERRED TAXES 42500 118173 X 8698960 106251 106251 8592709 36224 36224 8628933 7698553 0 7698553 36224 36224 7734777 PART X, LINE 2: THE TRUST ESTABLISHED TO HOLD THE PLANS ASSETS 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 TAXEXEMPT 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 TAXEXEMPT 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 RECEIVABLE/(PAYABLE) OF $(131,000) AND $(30,300) RELATED TO UBTI FOR THE YEARS ENDED APRIL 30, 2024 AND 2023, RESPECTIVELY. 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. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES CONSISTS OF EMPLOYEES OF EITHER THE PLAN SPONSOR OR A CONTRIBUTING EMPLOYERS OF 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 2 DONN DIEDERICH AND BRANDON PODOLL HAVE A BUSINESS RELATIONSHIP. TREVOR CHRISTIANSON AND STUART UHLENKAMP HAVE A BUSINESS RELATIONSHIP. 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 EACH MEMBER MAY ELECT OR APPOINT UP TO TWO MEMBERS OF 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 XI, LINE 9: ROUNDING 2. ASSOCIATED GENERAL CONTRACTORS OF NORTH DAKOTA 422 N 2ND ST BISMARCK ND 58502 450229993 BUSINESS ASSOCIATION ND 501(C)(6) 0 FM ASPHALT GOWAN CONSTRUCTION INC INDUSTRIAL BUILDERS INC ANDERSON WESTERN INC MAYO CONSTRUCTION COMPANY INC BORDER STATES PAVING INC FARDEN CONSTRUCTION ABRASIVES INC GRATECH CO QUALITY DIRT WORKS NORTHERN IMPROVEMENT MINOT PAVING STEVEN'S WELDING DICKINSON READY MIX FLICKERTAIL PAVING & SUPPLY LLC TOOZ CONSTRUCTION INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0