International Union Of Operating Engineers-612
- Assets
- $14.1m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 12
- Location
- Tacoma, WA
- Founding
- 01/1945
- Data as of
- 12/2021
- EIN
- 91-0268531
Organization Overview
International Union Of Operating Engineers-612 is located in Tacoma, WA. The organization was established in 1945. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, International Union Of Operating Engineers-612 employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Of Operating Engineers-612 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, International Union Of Operating Engineers-612 generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 7.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ELEVATE THE TRADE OF OPERATING ENGINEERS TO ITS PROPER POSITION IN ALL INDUSTRIAL ACTIVITIES AND THE RANKS OF ORGANIZED WORKERS; TO ENCOURAGE A HIGHER STANDARD OF SKILL AMOUNG ITS MEMBERS; TO ORGANIZE ALL PERSONS WORKING IN THER JURISDICTION OF THE UNION WITHOUT REGARD TO RACE, CREED, COLOR, SEX, RELIGION, AGE OR NATIONAL ORIGIN; TO PROMOTE HEALTH, WELFARE AND SAFETY OF ITS MEMBERS AND THEIR FAMILIES; TO FOSTER AND DEVELOP TRAINING PROGRAMS AND OTHER MEANS TO ADVANCE SKILLS; TO ASSIST EMPOYERS IN OBTAINING SKILLED WORKERS. TO SECURE AND IMPROVE WAGES, HOURS, AND WORKING CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL UNION'S EXEMPT PURPOSE WAS ACHIEVED THROUGH THE ORGANIZATION AND EDUCATION OF WORKERS AND THROUGH NEGOTIATIONS WITH EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Mickelson Financial Secre | OfficerTrustee | 40 | $162,565 |
Kevin Tedrick President | OfficerTrustee | 40 | $118,525 |
Christina Hall Rec Secre/trust | OfficerTrustee | 40 | $108,418 |
Chad Campbell Treasurer | OfficerTrustee | 40 | $103,256 |
Larry Ayers Past Treasurer | OfficerTrustee | 2 | $744 |
Jennifer Wisner Executive Board | Trustee | 2 | $384 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,938 |
| 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 | $25,938 |
| Total Program Service Revenue | $3,826,032 |
| Investment income | $648,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,450 |
| Net Gain/Loss on Asset Sales | $254,964 |
| Net Income from Fundraising Events | $27,140 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,791,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,350 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $126,732 |
| Compensation of current officers, directors, key employees. | $773,313 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,602 |
| Pension plan accruals and contributions | $129,281 |
| Other employee benefits | $56,031 |
| Payroll taxes | $67,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,234 |
| Fees for services: Accounting | $16,563 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,654 |
| Fees for services: Other | $7,428 |
| Advertising and promotion | $300 |
| Office expenses | $72,349 |
| Information technology | $54,035 |
| Royalties | $0 |
| Occupancy | $70,397 |
| Travel | $21,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,291 |
| Interest | $0 |
| Payments to affiliates | $532,492 |
| Depreciation, depletion, and amortization | $55,704 |
| Insurance | $30,702 |
| All other expenses | $0 |
| Total functional expenses | $3,674,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,209,430 |
| Savings and temporary cash investments | $1,665,094 |
| 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 | $586,207 |
| Investments—publicly traded securities | $9,650,089 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,110,820 |
| 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 | $6,919 |
| Total liabilities | $6,919 |
| Net assets without donor restrictions | $14,103,901 |
| 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 | $14,110,820 |
Grants Awarded
Over the last fiscal year, International Union Of Operating Engineers-612 has awarded $13,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Charity Fund | $7,500 |
NUCA OF WASHINGTON PURPOSE: Sponsorship | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Union Of Operating Engineers-612 has recieved totaling $11,811.
| Awarding Organization | Amount |
|---|---|
Operating Engineers Nationalcharity Fund Washington, DC PURPOSE: COVID-19 ASSISTANCE | $11,811 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of State County & Municipal Employees Olympia, WA | $18,824,029 | $18,467,396 |
Seiu Local 49 Welfare Tr Portland, OR | $9,226,265 | $17,967,158 |
International Union Of Painters And Allied Trades Seattle, WA | $31,340,731 | $20,353,824 |
United Food And Commercial Workers International Union Tigard, OR | $9,757,719 | $16,243,815 |
International Union Of Operating Engineers Local 302 Bothell, WA | $112,851,449 | $25,160,276 |
International Brotherhood Of Electrical Workers Kent, WA | $27,893,579 | $17,743,137 |
International Brotherhood Of Teamsters Tukwila, WA | $10,315,968 | $13,935,057 |
International Brotherhood Of Electrical Workers Portland, OR | $39,866,563 | $20,937,357 |
International Brotherhood Of Electrical Workers Seattle, WA | $14,836,484 | $12,580,683 |
International Brotherhood Of Electrical Workers Anchorage, AK | $17,598,743 | $12,128,397 |
Washington State Nurses Association Seattle, WA | $11,583,424 | $11,116,527 |
American Federation Of State County & Municipal Employees Salem, OR | $7,338,842 | $11,420,260 |