Operating Engineers Local 150 Apprenticeship Fund

Organization Overview

Operating Engineers Local 150 Apprenticeship Fund is located in Countryside, IL. The organization was established in 1970. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Operating Engineers Local 150 Apprenticeship Fund employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operating Engineers Local 150 Apprenticeship 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 12/2021, Operating Engineers Local 150 Apprenticeship Fund generated $38.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $26.5m during the year ending 12/2021. While expenses have increased by 7.9% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

INSTRUCTING AND TRAINING OF PERSONS DESIRING TO BECOME OPERATING ENGINEERS, AND RETRAINING AND AND IMPROVING THE CAPABILITIES OF OPERATING ENGINEERS ALL IN COMFORMITY WITH THE FAIR LABOR STANDARDS ACT OF 1938, AS AMENDED, AND THE REGULATIONS ISSUED THEREUNDER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTING AND TRAINING OF PERSONS DESIRING TO BECOME OPERATING ENGINEERS, AND RETAINING AND IMPROVING THE CAPABILITIES OF OPERATING ENGINEERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Caterpillar Financial Services
Equipment Rental
$490,158
Adelstein & Associates Llc
Advertising
$203,699
Karen Chou
Field Technician
$159,778
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,190,583
All other contributions, gifts, grants, and similar amounts not included above$183,697
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,374,280
Total Program Service Revenue$32,347,889
Investment income $668,527
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $15,994
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $38,699,525

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Operating Engineers Local 150 Apprenticeship Fund has recieved totaling $387,457.

Awarding OrganizationAmount
Chicago Federation Of Labor Workforce And Community Initiative

Chicago, IL

PURPOSE: DECO SUBGRANTEE FOR TRAINING ASSISTANCE

$387,457
View Grant Recipient Profile

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