Operating Engineers Local 324 Building Corporation
- Assets
- $101.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield Township, MI
- Founding
- 04/1965
- Data as of
- 06/2021
- EIN
- 38-6082362
Organization Overview
Operating Engineers Local 324 Building Corporation is located in Bloomfield Township, MI. The organization was established in 1965. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operating Engineers Local 324 Building Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Operating Engineers Local 324 Building Corporation generated $60.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $66.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HOLD TITLE AND MAINTAIN REAL ESTATE FOR INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL, #324 A TAX EXEMPT ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zane Hubbard Trustee (part Year) | 1 | $0 | |
Matt Everly Vice President | 1 | $0 | |
John Osika Trustee (part Year) | 1 | $0 | |
Douglas Stockwell Business Manager | 1 | $0 | |
Ken Dombrow President | 1 | $0 | |
Heath Salisbury Financial Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,189 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,800 |
| Total Revenue | $59,989 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $62,398 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,772 |
| Total expenses | $66,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,122 |
| Other assets | $0 |
| Total assets | $100,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,958 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Operating Engineers Local 324 Building Corporation has recieved totaling $43,189.
| Awarding Organization | Amount |
|---|---|
International Union Of Operating Bloomfield Township, MI PURPOSE: AMOUNTS PAID TO ASSIST WITH PROPERTY TAXES, UTILITIES AND OTHER GENERAL EXPENSES FOR THE BUILDING CORPORATION. | $43,189 |