Form 990 for tax year 2022
Filed by INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 825 SCHOLARSHIP FU.
Totals
- Total revenue
- $399,674
- Total expenses
- $118,508
- Contributions and grants received
- $297,433
- Grants paid
- $99,960
- Program service revenue
- $0
- Investment income
- $120,516
- Other revenue
- -$18,275
- Total assets, end of year
- $2,788,288
- Total liabilities, end of year
- $249,500
- Net assets or fund balances, end of year
- $2,538,788
- Program services expenses (Part IX)
- $111,869
- Management and general expenses
- $6,639
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $111,869
Program services were 94.4% 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
$221,400
-
1d · Related organizations
$76,033
-
3 · Investment income
total $62,655 · excluded $62,655
-
7a · Gross sales of assets other than inventory
securities $190,734
-
7b · Less cost or other basis and sales expenses
securities $132,873
-
7c · Gain or loss
securities $57,861
-
7d · Net gain or loss
total $57,861 · related or exempt $57,861
-
8a · Fundraising events: gross income
$104,850
-
8a · Fundraising events: contributions included on line 1c
$221,400
-
8b · Fundraising events: direct expenses
$123,125
-
8c · Net income from fundraising events
total -$18,275
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $99,960 · program services $99,960
-
11f · Fees: investment management
total $6,639 · management and general $6,639
-
11g · Fees: other
total $7,000 · program services $7,000
-
24a · Other expenses: RECIPIENT AWARDS MEETING
total $4,909 · program services $4,909
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $291,225 · end of year $379,208
-
4 · Accounts receivable
beginning of year $58,158 · end of year $76,033
-
9 · Prepaid expenses and deferred charges
beginning of year $68,086
-
11 · Investments: publicly traded securities
beginning of year $2,180,237 · end of year $2,333,047
-
17 · Accounts payable and accrued expenses
beginning of year $7,000 · end of year $7,000
-
18 · Grants payable
beginning of year $240,000 · end of year $242,500
-
19 · Deferred revenue
beginning of year $147,989
-
28 · Net assets with donor restrictions
beginning of year $2,202,717 · end of year $2,538,788
Mission and programs · 2022
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 $111,869 · Grants $99,960
As filed on the 2022 return.
Listed in Part VII
-
Greg LaleveeGREG LALEVEE
TRUSTEE
- Total calculated
- $394,226
- From this org
- $0
- From related orgs
- $317,944
- Other
- $76,282
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $298,178 related
- Bonus
- not reported
- Other
- not reported + $19,766 related
- Deferred
- not reported + $52,885 related
- Nontaxable benefits
- not reported + $23,397 related
- Filer's total
- not reported + $394,226 related
-
John WoodJOHN WOOD
PRESIDENT
- Total calculated
- $265,809
- From this org
- $0
- From related orgs
- $199,286
- Other
- $66,523
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $190,680 related
- Bonus
- not reported
- Other
- not reported + $8,606 related
- Deferred
- not reported + $43,210 related
- Nontaxable benefits
- not reported + $23,313 related
- Filer's total
- not reported + $265,809 related
-
John Locrasto JrJOHN LOCRASTO JR
TREASURER
- Total calculated
- $264,439
- From this org
- $0
- From related orgs
- $198,153
- Other
- $66,286
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $188,049 related
- Bonus
- not reported
- Other
- not reported + $10,104 related
- Deferred
- not reported + $42,973 related
- Nontaxable benefits
- not reported + $23,313 related
- Filer's total
- not reported + $264,439 related
-
Christopher LaleveeCHRISTOPHER LALEVEE
RECORDING SE
- Total calculated
- $261,472
- From this org
- $0
- From related orgs
- $195,186
- Other
- $66,286
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $188,049 related
- Bonus
- not reported
- Other
- not reported + $7,137 related
- Deferred
- not reported + $42,973 related
- Nontaxable benefits
- not reported + $23,313 related
- Filer's total
- not reported + $261,472 related
-
William VaccaroWILLIAM VACCARO
TRUSTEE
- Total calculated
- $2,150
- From this org
- $0
- From related orgs
- $2,150
- Other
- $0
- Hours/week
- 1 + 2 related
-
John Reardon JrJOHN REARDON JR
TRUSTEE
- Total calculated
- $950
- From this org
- $0
- From related orgs
- $950
- Other
- $0
- Hours/week
- 1 + 2 related
-
Shana GraceSHANA GRACE
TRUSTEE
- Total calculated
- $900
- From this org
- $0
- From related orgs
- $900
- Other
- $0
- Hours/week
- 1 + 2 related
-
Lawrence TaylorLAWRENCE TAYLOR
TRUSTEE
- Total calculated
- $850
- From this org
- $0
- From related orgs
- $850
- Other
- $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.
-
501C5 · LABOR UN · NJ
-
IUOE LOCAL 825 POLITICAL ACTION & EDUCATION COMMITTEE
527 · P.A.C. · NJ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421299349301952
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