Operating Engineers Local 148 is located in St Louis, MO. The organization was established in 1947. 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, Operating Engineers Local 148 employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operating Engineers Local 148 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, Operating Engineers Local 148 generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. 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
PROVIDE REPRESENTATIONAL SERVICES TO COVERED UNION MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE AND PROVIDE REPRESENTATION TO COVERED UNION MEMBERS INCLUDING NEGOTIATING WAGES, BENEFITS, WORKING HOURS, AND OTHER WORKING TERMS AND CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathaniel Chambers Trustee | Trustee | 1 | $3,221 |
Josh Lang Trustee | Trustee | 1 | $2,956 |
Keith L Linderer Business Manager | Officer | 40 | $168,957 |
Gregory Glass Treasurer | Officer | 1 | $8,239 |
Darryl Byrd Financial Secretary | Officer | 1 | $4,416 |
Glen Tolan President | Officer | 1 | $3,023 |
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 | $2,043,392 |
Investment income | -$190,169 |
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 | $1,867,259 |
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. | $1,055,181 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $150,237 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $251,903 |
Payroll taxes | $85,154 |
Fees for services: Management | $0 |
Fees for services: Legal | $36,467 |
Fees for services: Accounting | $31,649 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $20,705 |
Advertising and promotion | $69,127 |
Office expenses | $48,833 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $700 |
Travel | $32,470 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,049 |
Interest | $30,827 |
Payments to affiliates | $399,511 |
Depreciation, depletion, and amortization | $45,985 |
Insurance | $25,391 |
All other expenses | $23,521 |
Total functional expenses | $2,253,601 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,768 |
Savings and temporary cash investments | $296,920 |
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 | $250,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $722,633 |
Investments—publicly traded securities | $1,219,791 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,497,112 |
Accounts payable and accrued expenses | $164 |
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 | $535,529 |
Total liabilities | $535,693 |
Net assets without donor restrictions | $1,961,419 |
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 | $2,497,112 |