International Union Of Operating Engineers Local 14-14b Wlfre Fund

Organization Overview

International Union Of Operating Engineers Local 14-14b Wlfre Fund is located in Flushing, NY. The organization was established in 1977. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers Local 14-14b Wlfre Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2022, International Union Of Operating Engineers Local 14-14b Wlfre Fund generated $26.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $33.2m during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Segal Company
Actuarial Fee
$161,410
Empire Health
Claims Processing
$655,468
View All Vendors

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$25,107,663
Investment income $590,720
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $866,619
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,581,809

Grants Recieved

Over the last fiscal year, we have identified 1 grants that International Union Of Operating Engineers Local 14-14b Wlfre Fund has recieved totaling $7,676.

Awarding OrganizationAmount
Operating Engineers Nationalcharity Fund

Washington, DC

PURPOSE: COVID-19 ASSISTANCE

$7,676
View Grant Recipient Profile

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