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Organizations Laborers' 563 Building Corporation

Laborers' 563 Building Corporation

Fiscal year ending 2025. Filed on October 20, 2025.

620 12th Ave South
Minneapolis, Minnesota 55415

Laborers' 563 Building Corporation (EIN: 23-7161548) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Laborers' 563 Building Corporation, a 501(c)(2) title-holding organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $217,289. The highest compensated employee at Laborers' 563 Building Corporation is Joe Fowler with fiscal year 2025 compensation of $255,204.

Revenue, expenses, and employee compensation

Revenue

$769,595

Expenses

$809,460

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joe Fowler
Business Manager
$255,204
$0 $195,979 $59,225
Daniel Brady
Financial Secretary and Treasurer
$242,473
$0 $185,068 $57,405
Keith Petersen
Assistant Business Manager
$217,719
$0 $163,793 $53,926
Nicholas Slavicek
Director
$209,722
$0 $156,773 $52,949
Stacey Karels
Business Agent
$201,607
$0 $149,805 $51,802
Troy Cox
Business Agent
$197,402
$0 $146,330 $51,072
Todd Sorter
Business Agent
$196,897
$0 $145,861 $51,036

Benchmark Employee Compensation

Non-Employee Board Members

Kory Kreager
FMR Auditor
$104,889
$0 $62,805 $42,084
Mark Asher
President
$4,900
$0 $4,900 No other comp
Todd Mutch
Recording Secretary
$4,675
$0 $4,675 No other comp
Dean Mills
Vice President
$4,675
$0 $4,675 No other comp
Octavio Chung
Board Member
$4,400
$0 $4,400 No other comp
Laurie Johnson
FMR Presiden
$3,000
$0 $3,000 No other comp
Gwen Cook
Board Member
$2,600
$0 $2,600 No other comp
Carolyn Wood
Auditor
$2,463
$0 $2,463 No other comp
Kris Klein
Sergeant-at-Arms
$2,200
$0 $2,200 No other comp
John Kappedahl-O'Brien
Auditor
$935
$0 $935 No other comp
Carly Wordelman
Auditor
$800
$0 $800 No other comp

Mission Statement

THE BUILDING CORPORATION OWNS THE BUILDING WHICH IS THE HEADQUARTERS FOR LOCAL UNION 563, WHOSE PURPOSE IS TO SUPPORT WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.

Revisions to this organization profile

October 20, 2025:
2025 Laborers' 563 Building Corporation 990 filed
November 6, 2024:
2024 Laborers' 563 Building Corporation 990 filed
September 8, 2023:
2023 Laborers' 563 Building Corporation 990 filed

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