Local 420 Iuoe - Employers Cooperation Skill Improve And Educ
- Assets
- $121.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Creek, WI
- Founding
- 01/2016
- Data as of
- 12/2023
- EIN
- 47-3735858
Organization Overview
Local 420 Iuoe - Employers Cooperation Skill Improve And Educ is located in Oak Creek, WI. The organization was established in 2016. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 420 Iuoe - Employers Cooperation Skill Improve And Educ 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, Local 420 Iuoe - Employers Cooperation Skill Improve And Educ generated $55.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $61.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE TRUST FOCUSES ITS ATTENTION ON TWO PRIMARY SERVICES - COMMUNITY OUTREACH AND WORKFORCE PREP. COMMUNITY OUTREACH IS THE TRUST'S STRATEGY TO HELP EDUCATE AND INFORM ITS TARGET AUDIENCE ON OPPORTUNITIES FOR POWER ENGINEERING, WHAT THEY DO, AND WHAT TRAINING IS AVAILABLE TO GET STARTED ON A REWARDING CAREER PATH. EXPLORATORY TRAINING WILL PROVIDE 32 HOURS OF HANDS-ON GENERAL POWER TRAINING ESSENTIAL TO UNDERSTANDING THE ROLE OF POWER ENGINEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Tetzlaff Trustee | 1.5 | $0 | |
Robert Weisheim Trustee | 1.5 | $0 | |
Elliot Anderson Trustee | 1.5 | $0 | |
Jake Kartes Trustee | 1.5 | $0 | |
Elizabeth Ehrke Trustee | 1.5 | $0 | |
James Cherry Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,596 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,596 |
| 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 | $36,141 |
| Occupancy, rent, utilities, and maintenance | $5,143 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,775 |
| Total expenses | $61,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,313 |
| Other assets | $0 |
| Total assets | $121,527 |
| Total liabilities | $1,827 |
| Net assets or fund balances | $119,700 |