International Union Of Operating Engineers Afl Cio Hoisting & Port
- Assets
- $17.4m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Bridgeton, MO
- Founding
- 02/1970
- Data as of
- 12/2023
- EIN
- 43-0338091
Organization Overview
International Union Of Operating Engineers Afl Cio Hoisting & Port is located in Bridgeton, MO. The organization was established in 1970. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, International Union Of Operating Engineers Afl Cio Hoisting & Port employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers Afl Cio Hoisting & Port is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, International Union Of Operating Engineers Afl Cio Hoisting & Port generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $7.5m during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION AND MANAGEMENT OF UNION LOCAL 513.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MANAGEMENT OF LOCAL 513. THERE ARE AN AVERAGE 4,635 UNION MEMBERS RECEIVING UNION BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Straatmann Financial Secretary | OfficerTrustee | 50 | $147,416 |
Charles Shaw Trustee | OfficerTrustee | 1.2 | $1,200 |
Mike Tierney Trustee | OfficerTrustee | 50 | $148,109 |
Byron D Saunderssr Treasurer | OfficerTrustee | 50 | $147,295 |
Steve Farrar Recording Corresponding Secretary | OfficerTrustee | 50 | $147,348 |
Aaron Gray Vice President | OfficerTrustee | 50 | $146,467 |
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 | $8,651,993 |
| Investment income | $324,767 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,165 |
| Net Gain/Loss on Asset Sales | $132,278 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,128,302 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,605 |
| 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. | $736,312 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,442,023 |
| Pension plan accruals and contributions | $1,114,070 |
| Other employee benefits | $843,587 |
| Payroll taxes | $167,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $279,603 |
| Fees for services: Accounting | $36,913 |
| Fees for services: Lobbying | $19,551 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $350,449 |
| Office expenses | $316,789 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $140,204 |
| Travel | $32,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,262 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $348,769 |
| Insurance | $141,323 |
| All other expenses | $216,156 |
| Total functional expenses | $7,452,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $611,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,284 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,290,385 |
| Investments—publicly traded securities | $13,357,821 |
| Investments—other securities | $0 |
| Investments—program-related | $94,000 |
| Intangible assets | $0 |
| Other assets | $1,100 |
| Total assets | $17,403,055 |
| 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 | $26,592 |
| Total liabilities | $26,592 |
| Net assets without donor restrictions | $0 |
| 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 | $17,376,463 |
| Total liabilities and net assets/fund balances | $17,403,055 |
Grants Awarded
Over the last fiscal year, International Union Of Operating Engineers Afl Cio Hoisting & Port has awarded $29,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CARPENTERS REGIONAL COUNCIL PURPOSE: TO SUPPORT ORGANIZATION FOR STIMULUS FOR BUILIDING | $24,000 |
OPERATING ENGINEERS NATIONAL CHARITY FUND PURPOSE: TO PROVIDE CHARITABLE ASSISTANCE TO MEMBERS OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS AND THEIR FAMILIES WHO SUFFER PROPERTY DAMAGE OR DEATH IN TIMES OF NATIONAL OR LOCAL DISASTER | $5,000 |