Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $14,465,371 · related or exempt $14,465,371

• 3 · Investment income

  total $190,249 · excluded $190,249

• 7a · Gross sales of assets other than inventory

  securities $700,236 · other assets $29,300

• 7b · Less cost or other basis and sales expenses

  securities $726,718 · other assets $1,983

• 7c · Gain or loss

  securities -$26,482 · other assets $27,317

• 7d · Net gain or loss

  total $835 · excluded $835

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $10,002,043

• 4 · Benefits paid to or for members

  total $886,868

• 5 · Compensation of officers, directors and key employees

  total $597,535

• 7 · Other salaries and wages

  total $481,443

• 8 · Pension plan contributions

  total $124,226

• 9 · Other employee benefits

  total $76,839

• 10 · Payroll taxes

  total $67,273

• 11b · Fees: legal

  total $218,763

• 11c · Fees: accounting

  total $26,028

• 11f · Fees: investment management

  total $16,412

• 11g · Fees: other

  total $318,900

• 12 · Advertising and promotion

  total $1,724,753

• 13 · Office expenses

  total $59,207

• 14 · Information technology

  total $45,748

• 16 · Occupancy

  total $52,578

• 17 · Travel

  total $29,206

• 19 · Conferences, conventions and meetings

  total $95,460

• 22 · Depreciation, depletion and amortization

  total $64,771

• 23 · Insurance

  total $35,360

• 24a · Other expenses: OPINION RESEARCH/POLLING

  total $675,258

• 24b · Other expenses: CONTRIB COLLECTION EXPENS

  total $180,897

• 24c · Other expenses: MEMBERSHIP/ORGANIZATION

  total $77,159

• 24d · Other expenses: SHARED OFFICE EXPENSE

  total $41,118

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $496,791 · end of year $142,054

• 2 · Savings and temporary cash investments

  beginning of year $145,591 · end of year $471,148

• 4 · Accounts receivable

  beginning of year $2,430,300 · end of year $2,413,798

• 9 · Prepaid expenses and deferred charges

  beginning of year $26,157 · end of year $40,063

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

  $315,896

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

  $214,656

• 10c · Land, buildings and equipment, net

  beginning of year $44,798 · end of year $101,240

• 11 · Investments: publicly traded securities

  beginning of year $5,301,448 · end of year $4,875,490

• 17 · Accounts payable and accrued expenses

  beginning of year $277,572 · end of year $300,383

• 18 · Grants payable

  beginning of year $6,716,753 · end of year $7,296,327

• 27 · Net assets without donor restrictions

  beginning of year $1,450,760 · end of year $447,083

The filer's explanations (Part III)

SCHEDULE J, PART III

GREG LALEVEE, JOHN WOOD, ROBERT DAVIS AND ANDREW DIPALMA ARE EMPLOYEES OF IUOE LOCAL 825, AN UNRELATED ORGANIZATION PURSUANT TO IRS REGULATIONS. THEIR DUTIES AS EMPLOYEES OF IUOE 825 INCLUDE SITTING ON THE JOINT BOARD OF TRUSTEES OF THE LOCAL 825 LABOR MANAGEMENT TRUST. THEY ARE NOT COMPENSATED DIRECTLY BY IUOE LOCAL 825 FOR THIS RESPONSIBILITY.