International Union Of Operating Engineers Local 112

Organization Overview

International Union Of Operating Engineers Local 112 is located in Anderson, IN. The organization was established in 2007. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2023, International Union Of Operating Engineers Local 112 employed 10 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 112 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2023, International Union Of Operating Engineers Local 112 generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE UNION IS A NONPROFIT LABOR ORGANIZATION WHICH PROVIDES NATIONWIDE UNION REPRESENTATION FOR NON-DESTRUCTIVE TESTING TECHNICIANS IN THE PIPELINE INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE AND DEVELOP APPRENTICE PROGRAMS, TRAINING PROGRAMS AND OTHER MEANS TO ADVANCE THE SKILLS, EFFICIENCY AND WORKING KNOWLEDGE OF ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Mcelhannon
Vice-President (thru 12/31/22)
$0
Laura Pryor
Corresponding Secretary
$101,820
Randall C Hughes
President
$183,734
Cary Richardson
Financial Secretary (beg 1/1/23)
$0
Brian Rawlings
Treasurer (beg 1/1/23)
$149,100
Erin Buck
Vice-President
$162,734

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$1,499,035
Investment income $507,956
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $15,000
Net Gain/Loss on Asset Sales -$462,824
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,560,813

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