Brotherhood Of Locomotive Engineers & Trainmen
- Assets
- $28.8m
- Revenue
- $16.7m
- Investments
- $11.7m
- Employees
- 113
- Location
- Independence, OH
- Founding
- 02/1943
- Data as of
- 12/2022
- EIN
- 34-6000349
Organization Overview
Brotherhood Of Locomotive Engineers & Trainmen is located in Independence, OH. The organization was established in 1943. 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, Brotherhood Of Locomotive Engineers & Trainmen employed 113 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Brotherhood Of Locomotive Engineers & Trainmen 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, Brotherhood Of Locomotive Engineers & Trainmen generated $16.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $17.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
THE MISSION OF THE ORGANIZATION IS TO PROMOTE AND PROTECT THE (CONTINUED ON SCHEDULE O)RIGHTS, INTERESTS AND SAFETY OF ITS MEMBERSHIP THROUGH EDUCATION, AGGRESSIVE REPRESENTATION AND SOLIDARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER NEGOTIATING WITH RAILROAD CARRIERS FOR THREE YEARS BLET MEMBERS RATIFIED A FIVE-YEAR NATIONAL CONTRACT COVERING WAGES, BENEFITS AND TIME OFF FOR 2019 - 2024 WITH CSX, CN, CP, BNSF, KCS, IC, UP, NS, METRA, BELT RAILWAY OF CHICAGO, CEDAR RIVER RAILROAD COMPANY, CONSOLIDATED RAIL CORPORATION, INDIANA HARBOR BELT RAILROAD, LONGVIEW SWITCHING, PORTLAND TERMINAL, SOO LINE RAILROAD, UNION RAILROAD AND WINSTON SALEM SOUTHBOUND RAILWAY.ADDITIONAL CONTRACTS WERE INDIVIDUALLY RATIFIED THROUGH METRA, LIRR, DM&E AND BNSF/MRL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis R Pierce National President | OfficerTrustee | 53 | $414,104 |
Stephen J Bruno National Secretary-Treasur | OfficerTrustee | 53 | $340,885 |
Edgar Lee Pruitt Jr First Vice President | OfficerTrustee | 53 | $340,441 |
Marcus J Ruef Vice President | OfficerTrustee | 60 | $323,135 |
Vincent Verna Vice President | OfficerTrustee | 60 | $242,608 |
Mark L Wallace Vice President | OfficerTrustee | 60 | $239,355 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wentz Mcinerney Peifer & Petroff Llc Legal Services | 12/30/22 | $502,409 |
James Horwitz Public Relations Services | 12/30/22 | $171,124 |
Ciuni & Panichi Inc Audit Services | 12/30/22 | $125,246 |
Uniontrack Computer Services | 12/30/22 | $107,563 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,477,879 |
| 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 | $1,477,879 |
| Total Program Service Revenue | $14,601,011 |
| Investment income | $74,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,472 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,702,984 |
| 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. | $3,693,407 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,094,634 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,376,271 |
| Payroll taxes | $985,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $831,365 |
| Fees for services: Accounting | $123,146 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $222,989 |
| Advertising and promotion | $0 |
| Office expenses | $56,690 |
| Information technology | $232,932 |
| Royalties | $0 |
| Occupancy | $498,250 |
| Travel | $1,105,901 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,158,333 |
| Interest | $4,465 |
| Payments to affiliates | $1,153,094 |
| Depreciation, depletion, and amortization | $317,991 |
| Insurance | $0 |
| All other expenses | $141,839 |
| Total functional expenses | $17,462,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,917,250 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $518,638 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,249 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $503,867 |
| Net Land, buildings, and equipment | $487,329 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,686,219 |
| Investments—program-related | $7,074,804 |
| Intangible assets | $604,520 |
| Other assets | $49,518 |
| Total assets | $28,843,394 |
| Accounts payable and accrued expenses | $1,599,219 |
| 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 | $3,331 |
| Total liabilities | $1,602,550 |
| Net assets without donor restrictions | $27,240,844 |
| 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 | $28,843,394 |