Midwest Oper Engineers Construction Industry Research & Serv Tr Fund
- Assets
- $12.1m
- Revenue
- $17.8m
- Investments
- $305.8k
- Employees
- 13
- Location
- Countryside, IL
- Founding
- 02/1996
- Data as of
- 05/2022
- EIN
- 36-4041715
Organization Overview
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund is located in Countryside, IL. The organization was established in 1996. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 05/2022, Midwest Oper Engineers Construction Industry Research & Serv Tr Fund employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Oper Engineers Construction Industry Research & Serv Tr Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 05/2022, Midwest Oper Engineers Construction Industry Research & Serv Tr Fund generated $17.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $17.6m during the year ending 05/2022. While expenses have increased by 9.5% 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.
Since 2015, Midwest Oper Engineers Construction Industry Research & Serv Tr Fund has awarded 23 individual grants totaling $66,558,573. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST WORKERS AND EMPLOYERS IN SOLVING PROBLEMS OF MUTUAL CONCERN AND TO EXPAND THE MARKET FOR THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKED TO IMPROVE ASPECTS OF THE CONSTRUCTION INDUSTRY FOR LABOR AND MANAGEMENT.
MONITORED AND TRACKED CONSTRUCTION PROJECTS FOR POSSIBLE VIOLATIONS OF THE DAVIS-BACON ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc R Poulos Executive Direc | Officer | 30 | $277,853 |
David Fagan Chairman | OfficerTrustee | 1 | $0 |
Jeffrey Horne Trustee | Trustee | 1 | $0 |
Ed Kocsis Trustee | Trustee | 1 | $0 |
Keith Rose Trustee | Trustee | 1 | $0 |
Debra Toppert Trustee | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,977,930 |
| Investment income | $27,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$260,043 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,769,884 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,534,778 |
| 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. | $405,146 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,052,495 |
| Pension plan accruals and contributions | $633,768 |
| Other employee benefits | $448,668 |
| Payroll taxes | $92,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,207 |
| Fees for services: Accounting | $51,973 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,548 |
| Fees for services: Other | $300,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $7,798 |
| Insurance | $19,834 |
| All other expenses | $0 |
| Total functional expenses | $17,624,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,467,265 |
| Savings and temporary cash investments | $390,076 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,598,941 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,834 |
| Net Land, buildings, and equipment | $27,294 |
| Investments—publicly traded securities | $2,271,744 |
| Investments—other securities | $305,805 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,070 |
| Total assets | $12,085,029 |
| Accounts payable and accrued expenses | $941,231 |
| 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 | $58,182 |
| Total liabilities | $999,413 |
| Net assets without donor restrictions | $11,085,616 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $12,085,029 |
Grants Awarded
Over the last fiscal year, Midwest Oper Engineers Construction Industry Research & Serv Tr Fund has awarded $12,231,050 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO OPERATORS JOINT MANAGEMENT PAC PURPOSE: GENERAL SUPPORT | $5,542,530 |
Countryside, IL PURPOSE: MONITOR CONSTRUCTION PROJECTS | $4,020,000 |
Countryside, IL PURPOSE: GENERAL SUPPORT | $2,200,000 |
N IND OPER JOINT LBR MGMT PAC PURPOSE: GENERAL SUPPORT | $468,520 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Midwest Oper Engineers Construction Industry Research & Serv Tr Fund has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Wisconsin Infrastructure Investment Now Inc Madison, WI PURPOSE: CONTRIBUTION FOR ISSUE ADVOCACY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Soybean Association St Louis, MO | $22,612,610 | $31,372,473 |
Iowa Corn Promotion Board Johnston, IA | $28,871,996 | $24,524,776 |
Iowa Corn Growers Association Johnston, IA | $20,295,827 | $19,989,952 |
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund Countryside, IL | $12,085,029 | $17,769,884 |
Illinois Soybean Board Bloomington, IL | $24,441,630 | $21,800,549 |
Food Export Association Of The Midwest Usa Chicago, IL | $3,109,779 | $15,548,836 |
Illinois Corn Marketing Board Bloomington, IL | $11,624,886 | $11,889,515 |
Kentucky Farm Bureau Federation Louisville, KY | $26,799,792 | $14,351,168 |
Illinois Farm Business Farm Management Association Urbana, IL | $13,036,050 | $15,163,165 |
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |
National Swine Registry West Lafayette, IN | $2,564,738 | $7,027,546 |