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Nonprofiteer
← INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 98

Form 990 for tax year 2022

Filed by INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 98.

Totals

Total revenue
$16,334,126
Total expenses
$14,822,597
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$15,866,417
Investment income
$467,709
Other revenue
$0
Total assets, end of year
$17,700,661
Total liabilities, end of year
$334,362
Net assets or fund balances, end of year
$17,366,299
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: EMPLOYERS' CONTRIB.

    total $15,742,211 · related or exempt $15,742,211

  • 2b · Program service revenue: PARTCIPANTS' CONTRIB.

    total $124,206 · related or exempt $124,206

  • 3 · Investment income

    total $467,709 · excluded $467,709

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $14,345,049

  • 5 · Compensation of officers, directors and key employees

    total $185,445

  • 7 · Other salaries and wages

    total $184,265

  • 8 · Pension plan contributions

    total $130,225

  • 9 · Other employee benefits

    total $81,489

  • 10 · Payroll taxes

    total $30,031

  • 11b · Fees: legal

    total $51,745

  • 11c · Fees: accounting

    total $163,350

  • 11f · Fees: investment management

    total $22,500

  • 11g · Fees: other

    total $92,873

  • 13 · Office expenses

    total $40,493

  • 14 · Information technology

    total $48,702

  • 16 · Occupancy

    total $54,024

  • 19 · Conferences, conventions and meetings

    total $579

  • 22 · Depreciation, depletion and amortization

    total $2,176

  • 23 · Insurance

    total $32,606

  • 24a · Other expenses: REIMB OF COLLECTION EXP

    total -$238,705

  • 24b · Other expenses: REIMB FROM REL. ORG.

    total -$404,250

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,697,368 · end of year $5,881,085

  • 4 · Accounts receivable

    beginning of year $1,300,000 · end of year $1,356,515

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,250,188 · end of year $105,479

  • 10a · Land, buildings and equipment: cost or other basis

    $38,510

  • 10b · Land, buildings and equipment: accumulated depreciation

    $27,164

  • 10c · Land, buildings and equipment, net

    beginning of year $13,522 · end of year $11,346

  • 11 · Investments: publicly traded securities

    beginning of year $11,183,378 · end of year $10,346,236

  • 17 · Accounts payable and accrued expenses

    beginning of year $291,971 · end of year $288,362

  • 25 · Other liabilities

    beginning of year $55,000 · end of year $46,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $17,097,485 · end of year $17,366,299

Mission and programs · 2022

Mission

TO PROVIDE HEALTH CARE AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

  • TO PROVIDE HEALTH CARE AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

As filed on the 2022 return.

Listed in Part VII

  • William D Fay

    UNION TRUSTEE/CHAIRMAN

    Total calculated
    $186,131
    From this org
    $0
    From related orgs
    $106,337
    Other
    $79,794
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $102,937 related
    Bonus
    $0
    Other
    $0 + $3,400 related
    Deferred
    $0 + $52,360 related
    Nontaxable benefits
    $0 + $27,434 related
    Filer's total
    $0 + $186,131 related

  • David Kazimierczak

    UNION TRUSTEE

    Total calculated
    $177,639
    From this org
    $0
    From related orgs
    $101,211
    Other
    $76,428
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $97,811 related
    Bonus
    $0
    Other
    $0 + $3,400 related
    Deferred
    $0 + $49,409 related
    Nontaxable benefits
    $0 + $27,019 related
    Filer's total
    $0 + $177,639 related

  • Darrin Auger

    UNION TRUSTEE - EFF 12/2022

    Total calculated
    $134,893
    From this org
    $0
    From related orgs
    $101,313
    Other
    $33,580
    Hours/week
    1 + 39 related

  • Keith Hancock

    UNION TRUSTEE - THRU 12/2022

    Total calculated
    $177,628
    From this org
    $0
    From related orgs
    $101,200
    Other
    $76,428
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $97,800 related
    Bonus
    $0
    Other
    $0 + $3,400 related
    Deferred
    $0 + $49,409 related
    Nontaxable benefits
    $0 + $27,019 related
    Filer's total
    $0 + $177,628 related

  • Christopher Gagliarducci

    EMPLOYER TRUSTEE/SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Jenna Rahkonen

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Michelle Thorne

    EMPLOYER TRUSTEE - THRU 5/2022

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Kara Richotte

    FUND ADMINISTRATOR

    Total calculated
    $185,445
    From this org
    $108,282
    From related orgs
    $0
    Other
    $77,163
    Hours/week
    13 + 27 related

    Schedule J breakdown matched by us

    Base
    $107,741
    Bonus
    $541
    Other
    $0
    Deferred
    $50,017
    Nontaxable benefits
    $27,146
    Filer's total
    $185,445

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

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

FORM 990, SCHEDULE J SUPPLEMENTAL EXPLANATION:
KARA RICHOTTE RECEIVES COMPENSATION AND BENEFITS IN HER CAPACITY AS FUND ADMINISTRATOR OF THE RELATED PENSION, ANNUITY, COOPERATIVE TRUST, TRAINING AND WELFARE FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THE WELFARE FUND WITH REIMBURSEMENTS MADE ACCORDINGLY. THE WELFARE FUND'S PORTION OF THESE EXPENSES IS 32% OF THE GROSS AMOUNTS DETAILED ON SCHEDULE J, PART II.

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 98 ANNUITY FUND

    501(A) · PROVIDE RET BENEFITS TO PARTICIPANTS · MA

  • IUOE LOCAL 98 PENSION FUND

    501(A) · PROVIDE RET BENEFITS TO PARTICIPANTS · MA

  • IUOE LOCAL 98 EMPLOYERS COOP TR

    501(C)(5) · TO IMPROVE LABOR MGMT REL, SECURE EMPLOYMENT · MA

  • LOCAL 98 ENG JT TR RETRAINING AP & TR FD

    501(C)(3) · PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION · MA

  • IUOE LOCAL 98

    501(C)5 · LABOR UNION · MA

  • TOWN OF SPRINGFIELD

    MUNICIPAL GOVERNMENT · VT

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SEE SCHEDULE R SUPPLEMENTAL INFORMATION

Provenance

Return type
form_990
Tax year
2022
Filed
26 July 2023
IRS schema version
2022v5.0
Source object
202322079349301507

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