International Union Of Operating Engineers is located in Fort Worth, TX. The organization was established in 1995. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 12/2022, International Union Of Operating Engineers employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers 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 generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $867.4k 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
REPRESENTATION OF MEMBERS AND ELEVATION OF TRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A LBAOR UNION WITH THE PRIMARY PURPOSE TO PROVIDE FAIR WAGES AND BENEFITS THROUGH NEGOTIATIONS WITH CONTRACTORS UNDER COLLECTIVE BARGAINING AGREEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Teran Business Manager | OfficerTrustee | 40 | $160,003 |
Nick Webb President | OfficerTrustee | 40 | $0 |
Alan Bradford Vice President | OfficerTrustee | 2 | $0 |
Robert Hilty Recording Secretary | OfficerTrustee | 40 | $84,871 |
Christoper Peterson Financial Secretary | OfficerTrustee | 2 | $0 |
Mike Rogers Treasurer | OfficerTrustee | 2 | $0 |
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 | $1,209,974 |
Investment income | $137,357 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $20,281 |
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 | $1,436,108 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $168,953 |
Other employee benefits | $120,646 |
Payroll taxes | $43,144 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $29,179 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $40,060 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $6,333 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $61,751 |
All other expenses | $85,566 |
Total functional expenses | $867,440 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $635,895 |
Savings and temporary cash investments | $2,696,817 |
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 | $6,579 |
Net Land, buildings, and equipment | $836,706 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,425,997 |
Accounts payable and accrued expenses | $9,988 |
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 | $1,452 |
Total liabilities | $11,440 |
Net assets without donor restrictions | $0 |
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 | $4,414,557 |
Total liabilities and net assets/fund balances | $4,425,997 |