2025-02-13T14:03:51-07:00 2024-06-30 990 2023-07-01 410571990 ST PAUL TEACHERS RETIREMENT FUND ASSOCIATION STPA 6516422550 2550 UNIVERSITY AVE W SUITE 312N ST PAUL MN 55114 Phillip Tencick Executive Director/CIO 6516422552 2025-02-13 1 2023 2025-03-06 01:10:19Z SPTRFA Phillip Tencick 2550 UNIVERSITY AVE W SUITE 312N ST PAUL MN 55114 203381680 0 X WWW.SPTRFA.ORG X 1909 MN Retirement fund for school district teachers 10 10 9 0 0 0 0 0 61442746 67645084 20274845 104260962 15745042 31475634 97462633 203381680 0 0 123886522 127304279 839296 426329 0 0 0 2836302 2580651 127562120 130311259 -30099487 73070421 1224412795 1359903401 7660228 24866025 1216752567 1335037376 To collect and invest contributions to fund lifetime retirement benefits to members who retire from Independent School District #625 as well as disability or survivor/beneficiary benefits as required. 0 0 130311259 0 203381680 Maintain a retirement fund paying benefits to members who retire from Independent School District #625 as well as pay disability or survivor/beneficiary benefits as required. 0 0 0 130311259 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X PHILLIP TENCICK EXECUTIVE DIRECTOR 6516422550 2550 UNIVERSITY AVE W SUITE 312 N ST PAUL MN 55114 Phillip Tencick Executive Director 40 0 X 150360 0 0 Michael McCollor Trustee 2 0 X 0 0 0 Karen Odegard Trustee 2 0 X 0 0 0 Lori Borgeson President 2 0 X 0 0 0 Matt Bogenschultz Trustee 2 0 X 0 0 0 Michael McKay Trustee 2 0 X 0 0 0 Margaret Schiller Treasurer 2 0 X 0 0 0 Thomas Koreltz Secretary 2 0 X 0 0 0 Stephanie Piganto Vice President 2 0 X 0 0 0 Karen Martinsen Trustee 2 0 X 0 0 0 Halla Henderson Ex-Officio 2 0 X 0 0 0 150360 0 0 1 0 1 0 0 0 Member Contributions 524292 25264944 25264944 0 0 Employer Contributions 524292 42380140 42380140 0 0 0 0 0 0 67645084 13175997 13175997 0 0 0 0 0 0 0 0 0 0 0 0 91084965 0 0 0 91084965 0 91084965 91084965 0 0 State of MN Funding 524292 31411494 31411494 0 0 Security Lending Net Income 524292 64140 64140 0 0 0 0 0 0 31475634 203381680 203381680 0 0 0 0 0 127304279 91569 0 142465 53630 108518 30147 0 0 75058 0 0 2196325 69573 0 44527 143365 0 35569 0 0 14437 0 1797 0 0 0 130311259 0 0 0 9691843 13085323 5453654 15134568 0 0 1597231 1656994 0 0 0 0 0 0 0 0 0 362546 362546 0 0 940045950 1084646232 266824891 244706842 0 0 0 0 799226 673442 1224412795 1359903401 7660228 24866025 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7660228 24866025 X 1216752567 1335037376 0 0 0 0 1216752567 1335037376 1224412795 1359903401 73070421 45214388 0 0 0 0 X 0 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 362546 362546 0 0 0 0 0 0 Real Assets-Domestic Equity 42663984 F Real Assets-Private/NonPrivate Equity 35686781 F Alternatives-Private Equity 156161939 F Opportunistic 7491697 F Alternatives 2702441 F 244706842 248596068 45214388 0 0 0 45214388 203381680 0 0 0 203381680 130311259 0 0 0 0 0 130311259 0 0 0 130311259 X X 0 0 0 Phillip Tencick Executive Director 150360 0 0 0 0 0 0 0 11104 0 161464 0 0 0 Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - Association members consist of current and former: 1) public school educators from the city of St. Paul and 2.) employees of the association. Form 990, Part VI, Section A, Line 7a Form 990, Part VI, Section A, Line 7a - All members are eligible to elect nine of the 10 trustees. The 10th trustee is appointed by the school district. All trustees are volunteers and serve three-year terms. Form 990, Part VI, Section A, Line 7b Form 990, Part VI, Section A, Line 7b - Members approve certain bylaw changes related to voting. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - A copy of the 2023 Form 990 was provided to the board of trustees for review prior to filing. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - An Economic Interest Disclosure Form is required by state law. To be completed annually by each Trustee/Director and is reviewed by the state auditor. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - An annual performance review of the director is performed by the board of trustees. A committee of the board of trustees compares compensation to school district and similar pension plan job classification rates and makes a recommendation to the full board who must then approve the compensation. Minutes of the board of trustees are public. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - All governing documents are available upon request. The State of MN audits the entity annually and does not require a Form 990 to be submitted at the state level.