Form 990 for tax year 2024
Filed by OPERATING ENGINEERS LOCAL 150 APPRENTICESHIP FUND.
Totals
- Total revenue
- $44,322,054
- Total expenses
- $31,168,446
- Contributions and grants received
- $377,172
- Grants paid
- $0
- Program service revenue
- $40,011,979
- Investment income
- $3,617,977
- Other revenue
- $314,926
- Total assets, end of year
- $103,164,974
- Total liabilities, end of year
- $8,279,970
- Net assets or fund balances, end of year
- $94,885,004
- Program services expenses (Part IX)
- $28,865,961
- Management and general expenses
- $2,302,485
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $28,865,961
Program services were 92.6% 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.
-
1f · All other contributions, gifts and grants
$377,172
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $39,789,671 · related or exempt $39,789,671
-
2b · Program service revenue: INSTRUCTOR SALARY REIMBURSEMENTS
total $167,877 · related or exempt $167,877
-
2c · Program service revenue: APPLICATION AND COURSE FEES
total $54,431 · related or exempt $54,431
-
3 · Investment income
total $3,363,768 · excluded $3,363,768
-
7a · Gross sales of assets other than inventory
other assets $315,494
-
7b · Less cost or other basis and sales expenses
other assets $61,285
-
7c · Gain or loss
other assets $254,209
-
7d · Net gain or loss
total $254,209 · excluded $254,209
-
11a · Other revenue: OTHER INCOME
total $314,926 · excluded $314,926
-
11e · Other revenue, total
$314,926
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $8,281 · management and general $8,281
-
7 · Other salaries and wages
total $9,315,790 · program services $8,689,213 · management and general $626,577
-
8 · Pension plan contributions
total $4,872,099 · program services $4,544,207 · management and general $327,892
-
9 · Other employee benefits
total $2,803,953 · program services $2,615,247 · management and general $188,706
-
10 · Payroll taxes
total $781,919 · program services $729,296 · management and general $52,623
-
11b · Fees: legal
total $34,168 · management and general $34,168
-
11c · Fees: accounting
total $37,068 · management and general $37,068
-
11f · Fees: investment management
total $10,000 · management and general $10,000
-
11g · Fees: other
total $49,555 · program services $46,220 · management and general $3,335
-
12 · Advertising and promotion
total $121,221 · program services $121,221
-
13 · Office expenses
total $179,504 · program services $107,968 · management and general $71,536
-
14 · Information technology
total $922,996 · program services $860,878 · management and general $62,118
-
16 · Occupancy
total $3,367,292 · program services $3,305,946 · management and general $61,346
-
17 · Travel
total $319,787 · program services $317,225 · management and general $2,562
-
19 · Conferences, conventions and meetings
total $22,535 · program services $21,018 · management and general $1,517
-
21 · Payments to affiliates
total $941,985 · program services $941,985
-
22 · Depreciation, depletion and amortization
total $3,076,570 · program services $2,869,517 · management and general $207,053
-
23 · Insurance
total $523,265 · program services $488,049 · management and general $35,216
-
24a · Other expenses: FUEL & EQUIPMENT
total $1,955,254 · program services $1,915,582 · management and general $39,672
-
24b · Other expenses: TRAINING SCHOOL AND SUP
total $807,545 · program services $807,545
-
24c · Other expenses: REIMBURSED ADMINISTRATI
total $532,815 · management and general $532,815
-
24d · Other expenses: RECRUITING
total $193,930 · program services $193,930
-
24e · All other expenses
total $290,914 · program services $290,914
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year -$218,448 · end of year $5,580,220
-
2 · Savings and temporary cash investments
beginning of year $22,302,495 · end of year $13,155,995
-
4 · Accounts receivable
beginning of year $3,266,740 · end of year $2,899,036
-
9 · Prepaid expenses and deferred charges
beginning of year $586,196 · end of year $532,613
-
10a · Land, buildings and equipment: cost or other basis
$51,991,869
-
10b · Land, buildings and equipment: accumulated depreciation
$35,002,588
-
10c · Land, buildings and equipment, net
beginning of year $16,235,443 · end of year $16,989,281
-
11 · Investments: publicly traded securities
beginning of year $42,334,840 · end of year $48,059,640
-
15 · Other assets
beginning of year $7,275,120 · end of year $15,948,189
-
17 · Accounts payable and accrued expenses
beginning of year $1,699,453 · end of year $1,789,577
-
19 · Deferred revenue
beginning of year $139,106 · end of year $143,998
-
25 · Other liabilities
beginning of year $7,477,299 · end of year $6,346,395
-
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 $82,466,528 · end of year $94,885,004
Mission and programs · 2024
Mission
APPRENTICESHIP TRAINING FUND
Activities or mission (Part I)
INSTRUCTING AND TRAINING OF PERSONS DESIRING TO BECOME OPERATING ENGINEERS, AND RETRAINING AND AND IMPROVING THE CAPABILITIES OF OPERATING ENGINEERS ALL IN COMFORMITY WITH THE FAIR LABOR STANDARDS ACT OF 1938, AS AMENDED, AND THE REGULATIONS ISSUED THEREUNDER.
-
INSTRUCTING AND TRAINING OF PERSONS DESIRING TO BECOME OPERATING ENGINEERS, AND RETAINING AND IMPROVING THE CAPABILITIES OF OPERATING ENGINEERS.
Expenses $28,865,961 · Revenue $40,266,188
As filed on the 2024 return.
Listed in Part VII
-
JAMES SWEENEY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
DAVID SNELTEN
SECRETARY TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN CISCO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM COLLINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVE FAGAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVID ROCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARSHALL DOUGLAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL PLOTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEVE MICHAELS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LARRY ECKARDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MIKE KRESGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JEFF HORNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
TOM BERNSTEIN
ADMINISTRATIVE MANAGER
- Total calculated
- $431,286
- From this org
- $0
- From related orgs
- $322,766
- Other
- $108,520
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $322,766 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $64,582 related
- Nontaxable benefits
- $0 + $43,938 related
- Filer's total
- $0 + $431,286 related
-
GEORGE ANTOS
COORDINATOR
- Total calculated
- $337,429
- From this org
- $206,507
- From related orgs
- $0
- Other
- $130,922
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,507
- Bonus
- $0
- Other
- $0
- Deferred
- $84,666
- Nontaxable benefits
- $46,256
- Filer's total
- $337,429
-
SEAN POYNER
ASSISTANT COORDINATOR
- Total calculated
- $294,755
- From this org
- $162,489
- From related orgs
- $0
- Other
- $132,266
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,489
- Bonus
- $0
- Other
- $0
- Deferred
- $86,010
- Nontaxable benefits
- $46,256
- Filer's total
- $294,755
-
THOMAS MILIANTI
EXECUTIVE DIRECTOR
- Total calculated
- $339,746
- From this org
- $207,480
- From related orgs
- $0
- Other
- $132,266
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,480
- Bonus
- $0
- Other
- $0
- Deferred
- $86,010
- Nontaxable benefits
- $46,256
- Filer's total
- $339,746
-
CHAD JEFFRIES
ASSISTANT COORDINATOR
- Total calculated
- $294,755
- From this org
- $162,489
- From related orgs
- $0
- Other
- $132,266
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,489
- Bonus
- $0
- Other
- $0
- Deferred
- $86,010
- Nontaxable benefits
- $46,256
- Filer's total
- $294,755
-
GLENN MINYARD
SAFETY COORDINATOR
- Total calculated
- $294,414
- From this org
- $162,148
- From related orgs
- $0
- Other
- $132,266
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,148
- Bonus
- $0
- Other
- $0
- Deferred
- $86,010
- Nontaxable benefits
- $46,256
- Filer's total
- $294,414
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
- 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.
-
MIDWEST OPERATING ENGINEERS PENSION TRUST FUND
401(A) · PROVIDE DEATH AND RETIREMENT BENEFITS FOR ELIGIBLE PARTICIPANTS · IL
-
MIDWEST OPERATING ENGINEERS PENSION FUND BUILDING CORPORATION
501(C)2 · HOLD TITLE TO BUILDING USED BY PENSION TRUST FUND · IL
-
MIDWEST OPERATING ENGINEERS WELFARE FUND
501(C)9 · PROVIDE WELFARE BENEFITS FOR ELIGIBLE PARTICIPANTS · IL
-
MIDWEST OPERATING ENGINEERS RETIREE WELFARE PLAN
501(C)9 · PROVIDE WELFARE BENEFITS FOR ELIGIBLE PARTICIPANTS · IL
-
MIDWEST OPERATING ENGINEERS RETIREMENT ENHANCEMENT FUND
401(A) · PROVIDE RETIREMENT BENEFITS FOR ELIGIBLE PARTICIPANTS · IL
-
INDIANA ILLINOIS & IOWA FOUNDATION FOR FAIR CONTRACTING
501(C)5 · MONITOR AND TRACK CONSTRUCTION PROJECTS FOR DAVIS-BACON ACT VIOLATIONS · IL
-
MIDWEST OPERATING ENGINEERS CONST INDUSTRY & SERVICE TRUST FUND
501(C)5 · SOLVING PROBLEMS AND TO EXPAND THE MARKET FOR THE CONSTRUCTION INDUSTRY · IL
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 partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
MIDWEST OPERATING ENGINEERS NOT-FOR-PROFIT IT SERVICE
EXCLUDABLE · IT SERVICE · IL · 22.84% owned · share of income -$886,830 · share of assets $357,603
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 July 2025
- IRS schema version
- 2024v5.2
- Source object
- 202511979349301606
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