International Union Of Operating Engineers 57 is located in Johnston, RI. The organization was established in 1945. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 06/2024, International Union Of Operating Engineers 57 employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers 57 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, International Union Of Operating Engineers 57 generated $2.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.3m during the year ending 06/2024. While expenses have increased by 7.0% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE WELFARE, WORKING CONDITIONS AND QUALITY OF WORK OF THE LOCAL'S MEMBERS, REPRESENTING APPROX. 1,000 MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE WELFARE, WORKING CONDITIONS AND QUALITY OF WORK OF THE LOCAL'S MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James White President | OfficerTrustee | 40 | $171,612 |
Ryan White Vice President | OfficerTrustee | 40 | $150,596 |
Christopher Silveira Auditor | Trustee | 2 | $147,014 |
Stephen Berube Treasurer | OfficerTrustee | 40 | $144,504 |
Kerry Mcgee Trustee | Trustee | 40 | $141,119 |
Kyle Armstrong Guard | Trustee | 2 | $1,200 |
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 | $2,414,555 |
Investment income | $24,675 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $11,760 |
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 | $2,588,354 |
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. | $1,141,630 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $109,169 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $71,642 |
Payroll taxes | $69,603 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,666 |
Fees for services: Accounting | $33,000 |
Fees for services: Lobbying | $25,714 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,985 |
Office expenses | $27,043 |
Information technology | $11,488 |
Royalties | $0 |
Occupancy | $20,853 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $48,603 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $77,708 |
Insurance | $48,456 |
All other expenses | $107,495 |
Total functional expenses | $2,254,444 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $1,793,304 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $472,599 |
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 | $3,697 |
Net Land, buildings, and equipment | $935,908 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,205,708 |
Accounts payable and accrued expenses | $86,078 |
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 | $86,078 |
Net assets without donor restrictions | $3,119,630 |
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 | $0 |
Total liabilities and net assets/fund balances | $3,205,708 |