International Union Of Operating Engineers 57

The information for International Union Of Operating Engineers 57 is as of the organization's most recent filing in June '22. This organization is located in Johnston, RI. It has been in existence for 77 years, following its founding in 1945.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The International Union Of Operating Engineers 57 is a science and technology organization with an NTEE code of U42. The "U" indicates that the organization falls under the category of Engineering. The "42" signifies that the organization is focused on conducting research in the field of engineering, applying mathematical and scientific principles to solve practical problems in various industries, social organizations, public works, and commerce. Additionally, the organization is classified under Section Code 5, which represents Labor, Agricultural, and Horticultural Organizations. The mission of the International Union Of Operating Engineers 57 is to promote the welfare, working conditions, and quality of work for its approximately 900 members.

Program Areas

The organization's program area focuses on promoting the welfare, working conditions, and quality of work for its members at the local level.

Organization Staffing

The International Union Of Operating Engineers 57 is run by James White, who is the President of the organization. The organization has a small labor force, with only 7 employees. Out of these employees, 4 are paid more than $100k per year. Currently, the organization does not have any volunteers.

Board Governance

The International Union Of Operating Engineers 57 appears to have a well-governed structure based on the provided information. With 10 voting members, the organization has a sufficient number of individuals involved in decision-making processes. Additionally, the fact that 8 out of the 10 members are independent suggests that the organization is committed to maintaining objectivity and avoiding potential conflicts of interest. The documentation of both board and committee meetings further demonstrates the organization's commitment to transparency and accountability. This practice ensures that decisions and discussions are properly recorded and can be referred to in the future if needed. However, it is worth noting that the organization does not have a conflict of interest policy or require the disclosure of conflicts. While this may not necessarily indicate poor governance, it would be beneficial for the organization to establish such policies to address any potential conflicts that may arise. Furthermore, the International Union Of Operating Engineers 57 does not delegate management to an outside firm, suggesting that the organization retains control over its operations. However, the absence of written policies such as a whistleblower policy, document retention policy, and substantiation and review of leadership and officer salaries could be areas for improvement. These policies are essential for ensuring ethical practices, protecting whistleblowers, and maintaining transparency in financial matters. Overall, the International Union Of Operating Engineers 57 demonstrates a reasonably well-governed structure, but there is room for improvement in terms of establishing policies that promote accountability, transparency, and ethical practices.

Organization Growth

The International Union of Operating Engineers 57 has experienced growth over the given time period. The program service revenue increased from $1.2 million in 2014 to $1.9 million in 2021. Additionally, the total revenue also increased from $1.2 million to $1.9 million. The organization's employee salaries grew from $576.6 thousand in 2014 to $1 million in 2021. Furthermore, the total expenses increased from $965 thousand to $1.8 million. The number of employees also saw an increase from 5 in 2014 to 7 in 2021. However, it is worth noting that the other revenue decreased from $49.3 thousand in 2014 to $18.2 thousand in 2021. Overall, the nonprofit organization has shown growth in various aspects, including revenue, expenses, employee salaries, and the number of employees.