International Union Of Operating Engineers Local 98 & Empl Coop Tr

Organization Overview

International Union Of Operating Engineers Local 98 & Empl Coop Tr is located in Southwick, MA. The organization was established in 1999. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers Local 98 & Empl Coop Tr is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2021, International Union Of Operating Engineers Local 98 & Empl Coop Tr generated $288.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $205.5k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, International Union Of Operating Engineers Local 98 & Empl Coop Tr has awarded 30 individual grants totaling $1,277,556. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE LABOR MANAGEMENT RELATIONSHIPS, PRESERVE EMPLOYMENT SECURITY, ENHANCE ECONOMIC DEVELOPMENT IN THE COMMUNITY AND IMPROVE COMMUNICATION WITH RESPECT TO INDIVIDUAL ADVANCEMENTS, AND TO PROMOTE THE ECONOMIC COMPETITVENESS OF OPERATING ENGINEERS AND EMPLOYERS IN THE INDUSTRY, PRIMARILY BY AWARDING GRANTS TO ELIGIBLE EMPLOYERS WHO ARE COLLECTIVELY BARGAINED WITH THE UNION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO IMPROVE LABOR MANAGEMENT RELATIONSHIPS, PRESERVE EMPLOYMENT SECURITY, ENHANCE ECONOMIC DEVELOPMENT IN THE COMMUNITY AND IMPROVE COMMUNICATION WITH RESPECT TO INDIVIDUAL ADVANCEMENTS, AND TO PROMOTE THE ECONOMIC COMPETITVENESS OF OPERATING ENGINEERS AND EMPLOYERS IN THE INDUSTRY, PRIMARILY BY AWARDING GRANTS TO ELIGIBLE EMPLOYERS WHO ARE COLLECTIVELY BARGAINED WITH THE UNION.


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Financial Statements

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$287,125
Investment income $1,221
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $288,346

Grants Awarded

Over the last fiscal year, International Union Of Operating Engineers Local 98 & Empl Coop Tr has awarded $158,007 in support to 4 organizations.

Grant RecipientAmount

AJ VIRGILIO CONSTRUCTION

PURPOSE: TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY

$72,219

JH MAXYMILLIAN

PURPOSE: TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY.

$39,974

BORGGAARD CONSTRUCTION CORP

PURPOSE: TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY.

$25,840

ET & L CORPORATION

PURPOSE: TO SUCCESSFULLY BID AND OBTAIN JOBS IN CONSTRUCTION INDUSTRY.

$19,974
View Grant Profile

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