International Union Of Operating Engineers Local 571 Training Fund

Organization Overview

International Union Of Operating Engineers Local 571 Training Fund is located in Omaha, NE. The organization was established in 2007. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, International Union Of Operating Engineers Local 571 Training Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers Local 571 Training Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, International Union Of Operating Engineers Local 571 Training Fund generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $758.0k during the year ending 06/2022. While expenses have increased by 11.7% 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

TRAINING AND EDUCATION OF OPERATING ENGINEERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE TRAINING AND EDUCATION FOR OPERATING ENGINEER APPRENTICES AND JOURNEYMEN.


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Board, Officers & Key Employees

Name (title)Compensation
Walt Wrasse
Training COO
$99,140
Aaron Fichter
Chairman
$0
Bryan Brabec
Trustee
$0
Tj Dick
Trustee
$0
Rod Marshall
Trustee
$0
Steve Mousseau
Trustee
$0

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$314,575
Noncash contributions included in lines 1a–1f $314,575
Total Revenue from Contributions, Gifts, Grants & Similar$314,575
Total Program Service Revenue$1,271,877
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $1,586,838

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