International Union Of Operating Engineers
- Assets
- $5.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 17
- Location
- Springfield, IL
- Founding
- 12/1941
- Data as of
- 12/2023
- EIN
- 37-0347820
Organization Overview
International Union Of Operating Engineers is located in Springfield, IL. 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 12/2023, International Union Of Operating Engineers employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, International Union Of Operating Engineers generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 6.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT MEMBERS OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS IN THE CENTRAL AND WEST CENTRAL ILLINOIS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE ALL WORKERS TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Rhoades Business Manager | OfficerTrustee | 50 | $152,850 |
Michael Mcquay President | OfficerTrustee | 50 | $141,804 |
Patrick Mccaherty Vice President/training Coordinator | Trustee | 50 | $138,710 |
Myrna Bomkamp Recording-Corresponding Secretary | Trustee | 1 | $990 |
Chris Arnold Financial Secretary | OfficerTrustee | 50 | $136,633 |
Lee Peters Treasurer | OfficerTrustee | 50 | $58,683 |
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 | $2,658,886 |
| Investment income | $89,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,400 |
| Net Gain/Loss on Asset Sales | -$50,251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,191,020 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,115 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $44,657 |
| Compensation of current officers, directors, key employees. | $1,340,949 |
| Compensation of current officers, directors, key employees. | $219,844 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $286,591 |
| Pension plan accruals and contributions | $130,003 |
| Other employee benefits | $64,635 |
| Payroll taxes | $86,701 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,371 |
| Fees for services: Accounting | $41,789 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,952 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,850 |
| Office expenses | $44,185 |
| Information technology | $18,322 |
| Royalties | $0 |
| Occupancy | $75,510 |
| Travel | $28,345 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,229 |
| Interest | $0 |
| Payments to affiliates | $240,676 |
| Depreciation, depletion, and amortization | $90,302 |
| Insurance | $26,891 |
| All other expenses | $18,945 |
| Total functional expenses | $2,952,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,284,748 |
| Savings and temporary cash investments | $675,637 |
| 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 | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $799,778 |
| Investments—publicly traded securities | $2,461,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,502 |
| Total assets | $5,544,844 |
| Accounts payable and accrued expenses | $1,110 |
| 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 | $4,102 |
| Total liabilities | $5,212 |
| Net assets without donor restrictions | $5,539,632 |
| 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 | $5,544,844 |
Grants Awarded
Over the last fiscal year, International Union Of Operating Engineers has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DO YOUR JOB INC PURPOSE: TO SUPPORT AWARENESS OF THE BUDGET CRISIS IN ILLINOIS. | $20,000 |
OPERATING ENGINEERS NATIONAL CHARITY FUND IUOE PURPOSE: TO SUPPORT VICTIMS OF HURRICANE IRMA. | $10,000 |