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← INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 825 SCHOLARSHIP FU

Form 990 for tax year 2023

Filed by INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 825 SCHOLARSHIP FU.

Totals

Total revenue
$250,925
Total expenses
$118,323
Contributions and grants received
$178,301
Grants paid
$96,795
Program service revenue
$0
Investment income
$80,132
Other revenue
-$7,508
Total assets, end of year
$3,111,663
Total liabilities, end of year
$271,411
Net assets or fund balances, end of year
$2,840,252
Program services expenses (Part IX)
$111,095
Management and general expenses
$7,228
Fundraising expenses
$0
Program service expenses (Part III)
$111,095

Program services were 93.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $99,350

  • 1d · Related organizations

    $78,651

  • 1f · All other contributions, gifts and grants

    $300

  • 3 · Investment income

    total $80,132 · excluded $80,132

  • 8a · Fundraising events: gross income

    $26,200

  • 8a · Fundraising events: contributions included on line 1c

    $99,350

  • 8b · Fundraising events: direct expenses

    $33,708

  • 8c · Net income from fundraising events

    total -$7,508

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $96,795 · program services $96,795

  • 11f · Fees: investment management

    total $7,228 · management and general $7,228

  • 11g · Fees: other

    total $7,000 · program services $7,000

  • 24a · Other expenses: RECIPIENT AWARDS MEETING

    total $7,300 · program services $7,300

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $379,208 · end of year $493,049

  • 4 · Accounts receivable

    beginning of year $76,033 · end of year $78,651

  • 9 · Prepaid expenses and deferred charges

    end of year $10,000

  • 11 · Investments: publicly traded securities

    beginning of year $2,333,047 · end of year $2,529,963

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,000 · end of year $7,000

  • 18 · Grants payable

    beginning of year $242,500 · end of year $245,000

  • 19 · Deferred revenue

    end of year $19,411

  • 28 · Net assets with donor restrictions

    beginning of year $2,538,788 · end of year $2,840,252

Mission and programs · 2023

Mission

PROVIDE SCHOLARSHIPS FOR CHILDREN OF IUOE LOCAL 825 MEMBERS.

  • THE MISSION OF THE IUOE LOCAL 825 SCHOLARSHIP FUND IS TO PROVIDE FINANCIAL SUPPORT IN THE FORM OF SCHOLARSHIPS FOR CHILDREN OF IUOE LOCAL 825 MEMBERS. THIS SUPPORT IS PAID TO THE ACCREDITED INSTITIUTION OF HIGHER EDUCATION ON BEHALF OF THE ATTENDING STUDENT.

    Expenses $111,095 · Grants $96,795

As filed on the 2023 return.

Listed in Part VII

  • Greg Lalevee

    TRUSTEE

    Total calculated
    $392,992
    From this org
    $0
    From related orgs
    $314,891
    Other
    $78,101
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $298,178 related
    Bonus
    not reported
    Other
    not reported + $16,713 related
    Deferred
    not reported + $53,114 related
    Nontaxable benefits
    not reported + $24,987 related
    Filer's total
    not reported + $392,992 related

  • John Wood

    PRESIDENT

    Total calculated
    $280,922
    From this org
    $0
    From related orgs
    $211,511
    Other
    $69,411
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $201,897 related
    Bonus
    not reported
    Other
    not reported + $9,614 related
    Deferred
    not reported + $44,448 related
    Nontaxable benefits
    not reported + $24,963 related
    Filer's total
    not reported + $280,922 related

  • Christopher Lalevee

    RECORDING SE

    Total calculated
    $277,712
    From this org
    $0
    From related orgs
    $208,575
    Other
    $69,137
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $198,847 related
    Bonus
    not reported
    Other
    not reported + $9,728 related
    Deferred
    not reported + $44,174 related
    Nontaxable benefits
    not reported + $24,963 related
    Filer's total
    not reported + $277,712 related

  • John Locrasto Jr

    TREASURER

    Total calculated
    $277,103
    From this org
    $0
    From related orgs
    $209,966
    Other
    $67,137
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $198,847 related
    Bonus
    not reported
    Other
    not reported + $11,119 related
    Deferred
    not reported + $44,174 related
    Nontaxable benefits
    not reported + $22,963 related
    Filer's total
    not reported + $277,103 related

  • William Vaccaro

    TRUSTEE

    Total calculated
    $3,571
    From this org
    $0
    From related orgs
    $3,571
    Other
    $0
    Hours/week
    1 + 2 related

  • John Reardon Jr

    TRUSTEE

    Total calculated
    $1,525
    From this org
    $0
    From related orgs
    $1,525
    Other
    $0
    Hours/week
    1 + 2 related

  • Lawrence Taylor

    TRUSTEE

    Total calculated
    $1,200
    From this org
    $0
    From related orgs
    $1,200
    Other
    $0
    Hours/week
    1 + 2 related

  • Shana Grace

    TRUSTEE

    Total calculated
    $1,050
    From this org
    $0
    From related orgs
    $1,050
    Other
    $0
    Hours/week
    1 + 2 related

  • Mark Richardella

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • IUOE LOCAL 825ABCDRRH

    501C5 · LABOR UN · NJ

  • IUOE LOCAL 825 POLITICAL ACTION & EDUCATION COMMITTEE

    527 · P.A.C. · NJ

Provenance

Return type
form_990
Tax year
2023
Filed
24 April 2025
IRS schema version
2023v6.0
Source object
202531229349301733

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