International Union Of Operating Engineers
- Assets
- $24.6m
- Revenue
- $20.8m
- Investments
- $252.2k
- Employees
- 61
- Location
- Minneapolis, MN
- Founding
- 02/1942
- Data as of
- 06/2022
- EIN
- 41-0329340
Organization Overview
International Union Of Operating Engineers is located in Minneapolis, MN. The organization was established in 1942. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, International Union Of Operating Engineers employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, International Union Of Operating Engineers generated $20.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $19.2m during the year ending 06/2022. While expenses have increased by 4.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR THE COMMON DEFENSE AND PROMOTE THE GENERAL WELFARE OF OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason George Business Manager/financial Sec | Officer | 55 | $177,290 |
Clayton Johnson President - Business Agent | Officer | 55 | $164,791 |
Steve Piper Recording - Correspond Sec | Officer | 55 | $163,328 |
Ryan Davies Vice President - Business Agent | Officer | 55 | $152,070 |
Daniel Gilbert Business Agent | 55 | $139,338 | |
Eugene Grover Business Agent | 55 | $139,297 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tunheim Partners Inc Advertising | 6/29/18 | $110,000 |
Miller O'brien Jensen Pa Legal Services | 6/29/18 | $104,172 |
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 | $20,520,596 |
| Investment income | $176,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$30,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,752,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $109,750 |
| Grants and other assistance to domestic individuals. | $12,432 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $376,655 |
| Compensation of current officers, directors, key employees. | $1,811,630 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,596,536 |
| Pension plan accruals and contributions | $1,687,250 |
| Other employee benefits | $1,162,819 |
| Payroll taxes | $638,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $141,045 |
| Fees for services: Accounting | $56,328 |
| Fees for services: Lobbying | $172,841 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,277 |
| Fees for services: Other | $0 |
| Advertising and promotion | $431,384 |
| Office expenses | $567,515 |
| Information technology | $169,045 |
| Royalties | $0 |
| Occupancy | $385,592 |
| Travel | $299,824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,306 |
| Interest | $0 |
| Payments to affiliates | $2,582,168 |
| Depreciation, depletion, and amortization | $110,024 |
| Insurance | $98,937 |
| All other expenses | $471,304 |
| Total functional expenses | $19,214,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,074,869 |
| Savings and temporary cash investments | $3,542,602 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $460,647 |
| Investments—publicly traded securities | $11,600,781 |
| Investments—other securities | $252,218 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,631,241 |
| Total assets | $24,562,358 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $24,562,358 |
| 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 | $24,562,358 |
Grants Awarded
Over the last fiscal year, International Union Of Operating Engineers has awarded $56,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Taunton, MA PURPOSE: PLATINUM SPONSORSHIP-LOCAL 49 GOLF TOURNAMENT | $40,000 |
Arlington, VA PURPOSE: 46TH ANNUAL CONSTRUCTION AND LABOR BREAKFAST | $10,000 |
Mcgregor, MN PURPOSE: NEW FIREFIGHTING GEAR FOR 2 NEW FIREFIGHTERS | $6,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Union Of Operating Engineers has recieved totaling $67,917.
| Awarding Organization | Amount |
|---|---|
Operating Engineers Nationalcharity Fund Washington, DC PURPOSE: COVID-19 ASSISTANCE | $67,917 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Minnesota St Paul, MN | $66,283,893 | $38,243,817 |
Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |
International Union Of Operating Engineers Minneapolis, MN | $24,562,358 | $20,752,936 |
Minnesota Teamsters Construction Division Fringe Benefit Funds Mendota Heights, MN | $30,866,404 | $23,683,343 |
Minnesota Nurses Association St Paul, MN | $18,618,225 | $17,502,340 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
Carpenters And Joiners Apprenticeship And Journeymen St Paul, MN | $20,144,324 | $15,253,021 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union St Paul, MN | $3,226,378 | $12,392,421 |
Wisconsin Fox River Valley Sheet Metal Workers Welfare Trust Waukesha, WI | $17,147,311 | $12,962,825 |
Pipe Trades Health Care Services Inc White Bear Lake, MN | $1,989,770 | $11,324,397 |