International Union Of Operating Engineers 132 is located in Charleston, WV. The organization was established in 1945. 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, International Union Of Operating Engineers 132 employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers 132 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, International Union Of Operating Engineers 132 generated $6.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $5.4m 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
TO UNITE THE MEMBERS OF THE LOCAL BY REGULATING THEMSELVES AND THE AFFAIRS OF THE LOCAL SO THEY CAN EARN A LIVELIHOOD; TO PROVIDE THAT EVERY MEMBER SHALL RECIEVE A JUST AND FAIR REMUNERATION FOR HIS/HER SERVICES; AND PROMOTE HARMONIOUS RELATIONS WITH EMPLOYERS THROUGH COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING THE CONSTRUCTION INDUSTRY OF WEST VIRGINIA BY PROVIDING SKILLED WORKERS IN THE FIELD OF OPERATING HEAVY EQUIPMENT WHICH ENHANCES THE QUALITY OF WORK AND A SAFER WORK ENVIROMENT.
SERVING THE CONSTRUCTION INDUSTRY OF WEST VIRGINIA BY PROVIDING SKILLED WORKERS IN THE FIELD OF OPERATING HEAVY EQUIPMENT WHICH ENHANCES QUALITY OF WORK AND A SAFER WORK ENVIROMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Parker Business Mgr | OfficerTrustee | 40 | $157,418 |
William Huffman President | OfficerTrustee | 40 | $144,429 |
Steven R Mcdiffit Record Secret. | OfficerTrustee | 40 | $127,527 |
Linda Hamilton Conductor | OfficerTrustee | 40 | $108,636 |
Chistopher Summerfield Trustee | OfficerTrustee | 1 | $0 |
Eran Molz Trustee | OfficerTrustee | 40 | $127,593 |
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 | $5,587,353 |
Investment income | $551,355 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,774 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$173 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,165,589 |
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 | $900 |
Compensation of current officers, directors, key employees. | $1,407,488 |
Compensation of current officers, directors, key employees. | $422,246 |
Compensation to disqualified persons | $487,880 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $610,943 |
Other employee benefits | $340,779 |
Payroll taxes | $140,669 |
Fees for services: Management | $975 |
Fees for services: Legal | $12,737 |
Fees for services: Accounting | $36,110 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $12,000 |
Fees for services: Other | $0 |
Advertising and promotion | $127,797 |
Office expenses | $218,005 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $66,441 |
Travel | $117,211 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $54,817 |
Interest | $0 |
Payments to affiliates | $647,652 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,300 |
All other expenses | $0 |
Total functional expenses | $5,426,356 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $748,249 |
Savings and temporary cash investments | $10,923,761 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $30,670,447 |
Investments—other securities | $1,000,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $43,342,457 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $39,186,781 |
Net assets with donor restrictions | $4,155,676 |
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 | $43,342,457 |