International Union Of Operating Engineers-612
- Assets
- $16.0m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 14
- Location
- Tacoma, WA
- Founding
- 01/1945
- Data as of
- 12/2023
- 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 12/2023, International Union Of Operating Engineers-612 employed 14 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 12/2023, International Union Of Operating Engineers-612 generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 8 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
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 |
|---|---|---|---|
Kevin Tedrick Fin Secre/bs Mg | OfficerTrustee | 40 | $136,259 |
Christina Hall Prsdnt/trst/rep | OfficerTrustee | 40 | $123,459 |
Chad Campbell Rec Cor Sec/rep | OfficerTrustee | 40 | $121,537 |
Todd Mickelson Pst Fn Sc/bs Mg | OfficerTrustee | 40 | $126,098 |
Jacob Dunthorn Vc Prs/trst/rep | OfficerTrustee | 40 | $115,221 |
Nalu Kollars Dispatcher | 40 | $111,679 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $27,078 |
| 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 | $27,078 |
| Total Program Service Revenue | $3,467,901 |
| Investment income | $462,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,000 |
| Net Gain/Loss on Asset Sales | $44,708 |
| Net Income from Fundraising Events | $17,248 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,027,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,153 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $132,389 |
| Compensation of current officers, directors, key employees. | $969,301 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $303,332 |
| Pension plan accruals and contributions | $134,382 |
| Other employee benefits | $63,376 |
| Payroll taxes | $88,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,816 |
| Fees for services: Accounting | $20,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $77,074 |
| Fees for services: Other | $7,284 |
| Advertising and promotion | $0 |
| Office expenses | $106,832 |
| Information technology | $36,993 |
| Royalties | $0 |
| Occupancy | $65,585 |
| Travel | $68,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,469 |
| Interest | $0 |
| Payments to affiliates | $543,829 |
| Depreciation, depletion, and amortization | $64,146 |
| Insurance | $27,485 |
| All other expenses | $0 |
| Total functional expenses | $3,168,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,344,942 |
| Savings and temporary cash investments | $1,826,507 |
| 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 | $689,767 |
| Investments—publicly traded securities | $11,172,246 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,033,462 |
| 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 | $14,901 |
| Total liabilities | $14,901 |
| Net assets without donor restrictions | $16,018,561 |
| 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 | $16,033,462 |
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 |
|---|---|
IUOE NATIONAL CHARITY FUND PURPOSE: Charity Fund | $7,500 |
NUCA OF WASHINGTON PURPOSE: Sponsorship | $6,000 |