Operating Engineers Local 825 Sub Fund

Organization Overview

Operating Engineers Local 825 Sub Fund is located in Springfield, NJ. The organization was established in 1968. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operating Engineers Local 825 Sub Fund is a 501(c)(17) and as such, is described as a "Supplemental Unemployment Benefit Trust" by the IRS.

For the year ending 06/2021, Operating Engineers Local 825 Sub Fund generated $12.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $8.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS.


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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$8,995,222
Investment income $2,018,903
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,294,546
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,313,269

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