International Union Of Operating Engineers Local 20 is located in Cincinnati, OH. The organization was established in 1941. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, International Union Of Operating Engineers Local 20 employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers Local 20 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, International Union Of Operating Engineers Local 20 generated $481.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $549.8k during the year ending 12/2022. While expenses have increased by 6.8% per year over the past 8 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 PROMOTE THE ACTIVITIES OF THE UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF WELFARE TO UNION MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Gerrein Business Manager | Officer | 40 | $112,643 |
William Huesman Auditor | Officer | 2 | $0 |
Ryan Bower Auditor | Officer | 1 | $0 |
John Cope President | Officer | 2 | $0 |
Dan Alley Trustee | Officer | 1 | $0 |
Constance Hogans Vice President | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $503,316 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $15,961 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $519,277 |
Total Program Service Revenue | $9,420 |
Investment income | $12,499 |
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 | $481,792 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,275 |
Grants and other assistance to domestic individuals. | $6,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $6,569 |
Compensation of current officers, directors, key employees. | $140,995 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $41,312 |
Other employee benefits | $25,040 |
Payroll taxes | $11,350 |
Fees for services: Management | $19,245 |
Fees for services: Legal | $103,778 |
Fees for services: Accounting | $6,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,071 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,899 |
Travel | $2,660 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,071 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,417 |
Insurance | $3,531 |
All other expenses | $1,644 |
Total functional expenses | $549,803 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1 |
Savings and temporary cash investments | $107,890 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $21,553 |
Investments—publicly traded securities | $251,036 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $380,478 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
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 | $2,650 |
Retained earnings, endowment, accumulated income, or other funds | $377,828 |
Total liabilities and net assets/fund balances | $380,478 |