Operating Engineers Local 825 is located in Springfield, NJ. The organization was established in 1966. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2022, Operating Engineers Local 825 employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operating Engineers Local 825 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Operating Engineers Local 825 generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $9.4m during the year ending 06/2022. While expenses have increased by 6.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRAINING TO APPRENTICES AND PARTICIPANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING PROGRAMS FOR APPRENTICES AND PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Lalevee Union Trustee, Co-Chairman | Trustee | 1 | $0 |
Joseph Grace Jr Union Trustee | Trustee | 1 | $24,364 |
Alex Kolbasowski Union Trustee | Trustee | 1 | $0 |
John Wood Union Trustee | Trustee | 1 | $0 |
Ross J Pepe Employer Trustee, Co-Chair | Trustee | 1 | $0 |
David Murawski Employer Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Muller Bohlin Inc Grant Consultants | 6/29/20 | $547,048 |
Decotiis Fitzpatrcik Cole & Giblin Legal | 6/29/20 | $144,286 |
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 | $8,354,828 |
Investment income | $110,989 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $14,199 |
Net Gain/Loss on Asset Sales | -$29,403 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,761,018 |
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 | $165,220 |
Compensation of current officers, directors, key employees. | $259,644 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,550,901 |
Pension plan accruals and contributions | $812,641 |
Other employee benefits | $555,646 |
Payroll taxes | $305,939 |
Fees for services: Management | $0 |
Fees for services: Legal | $105,610 |
Fees for services: Accounting | $15,795 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $14,530 |
Fees for services: Other | $198,932 |
Advertising and promotion | $0 |
Office expenses | $198,153 |
Information technology | $22,059 |
Royalties | $0 |
Occupancy | $72,689 |
Travel | $3,671 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,523 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,322,618 |
Insurance | $190,624 |
All other expenses | $154,154 |
Total functional expenses | $9,352,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $925,828 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,199,350 |
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 | $30,817 |
Net Land, buildings, and equipment | $14,876,923 |
Investments—publicly traded securities | $4,608,346 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,902 |
Total assets | $21,649,166 |
Accounts payable and accrued expenses | $506,544 |
Grants payable | $0 |
Deferred revenue | $7,887 |
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 | $1,502 |
Total liabilities | $515,933 |
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 | $0 |
Total liabilities and net assets/fund balances | $21,649,166 |