Midwest Operating Enginners Pension Fund Building Not-For-Profit Corpo is located in Countryside, IL. The organization was established in 2003. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Operating Enginners Pension Fund Building Not-For-Profit Corpo is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 03/2024, Midwest Operating Enginners Pension Fund Building Not-For-Profit Corpo generated $632.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD TITLE TO BUILDING USED BY PENSION FUND
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HOLD TITLE TO BUILDING USED BY PENSION FUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven M Cisco Trustee | Trustee | 1 | $0 |
Marshall Douglas Trustee | Trustee | 1 | $0 |
David Fagan Trustee | Trustee | 1 | $0 |
Lawrence Keefe Trustee | Trustee | 1 | $0 |
James M Sweeney Trustee | Trustee | 1 | $0 |
David Snelten Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Shales Mcnutt Llc Construction | 3/30/24 | $652,177 |
Windy City Representatives Llc Construction | 3/30/24 | $185,986 |
Fe Moran Inc Mechanical Services Construction | 3/30/24 | $129,130 |
Engie North America Inc Construction | 3/30/24 | $121,236 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $345,717 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $286,653 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $632,370 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$7,913 |
Savings and temporary cash investments | $8,430,407 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $111,249 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $32,118 |
Net Land, buildings, and equipment | $4,818,504 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $13,384,365 |
Accounts payable and accrued expenses | $610,166 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $610,166 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $12,774,199 |
Total liabilities and net assets/fund balances | $13,384,365 |