Form 990 for tax year 2022
Filed by OPERATING ENGINEERS LOCAL 825 SUB FUND.
Totals
- Total revenue
- $8,343,668
- Total expenses
- $6,334,885
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $6,482,167
- Investment income
- $1,847,443
- Other revenue
- $14,058
- Total assets, end of year
- $85,642,790
- Total liabilities, end of year
- $371,668
- Net assets or fund balances, end of year
- $85,271,122
- 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: EMPLOYER CONTRIBUTIONS
total $6,482,167 · related or exempt $6,482,167
-
4 · Income from investment of tax-exempt bond proceeds
total $2,697,305 · excluded $2,697,305
-
7a · Gross sales of assets other than inventory
securities $22,296,285
-
7b · Less cost or other basis and sales expenses
securities $23,146,147
-
7c · Gain or loss
securities -$849,862
-
7d · Net gain or loss
total -$849,862 · excluded -$849,862
-
11a · Other revenue: DELINQUENT ACCOUNTS AND PENALTIES
total $14,004 · excluded $14,004
-
11b · Other revenue: SETTLEMENT INCOME
total $54 · excluded $54
-
11e · Other revenue, total
$14,058
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $5,611,069
-
7 · Other salaries and wages
total $157,085
-
8 · Pension plan contributions
total $39,575
-
9 · Other employee benefits
total $50,724
-
10 · Payroll taxes
total $12,900
-
11b · Fees: legal
total $36,026
-
11c · Fees: accounting
total $32,997
-
11f · Fees: investment management
total $250,384
-
11g · Fees: other
total $38,748
-
13 · Office expenses
total $38,095
-
14 · Information technology
total $22,874
-
16 · Occupancy
total $12,350
-
17 · Travel
total $25
-
22 · Depreciation, depletion and amortization
total $14,655
-
23 · Insurance
total $17,378
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $233,003 · end of year $192,397
-
2 · Savings and temporary cash investments
beginning of year $9,644,019 · end of year $7,743,613
-
4 · Accounts receivable
beginning of year $1,745,950 · end of year $1,386,652
-
10a · Land, buildings and equipment: cost or other basis
$5,118
-
10b · Land, buildings and equipment: accumulated depreciation
$5,118
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $56,908,951 · end of year $59,460,907
-
12 · Investments: other securities
beginning of year $15,128,924 · end of year $16,859,221
-
17 · Accounts payable and accrued expenses
beginning of year $62,965 · end of year $49,568
-
25 · Other liabilities
beginning of year $132,110 · end of year $322,100
-
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 $0 · end of year $0
Mission and programs · 2022
Mission
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO MEMBERS
Activities or mission (Part I)
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO MEMBERS.
-
PROVIDED SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS.
As filed on the 2022 return.
Listed in Part VII
-
Gregory LaleveeGREGORY LALEVEE
UNION TRUSTEE, CO-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Joseph Grace JrJOSEPH GRACE JR
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Alex KolbasowskiALEX KOLBASOWSKI
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
John WoodJOHN WOOD
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
David MurawskiDAVID MURAWSKI
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Arthur CorwinARTHUR CORWIN
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Jack Kocsis JrJACK KOCSIS JR
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Ross J PepeROSS J PEPE
EMPLOYER TRUSTEE, CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Christine MedichCHRISTINE MEDICH
ADMINISTRATOR
- Total calculated
- $305,906
- From this org
- $0
- From related orgs
- $242,908
- Other
- $62,998
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $232,415 related
- Bonus
- $0 + $4,253 related
- Other
- $0 + $6,240 related
- Deferred
- $0 + $39,457 related
- Nontaxable benefits
- $0 + $23,541 related
- Filer's total
- $0 + $305,906 related
-
Susan SonntagSUSAN SONNTAG
MANAGER, ACCOUNTING
- Total calculated
- $193,577
- From this org
- $0
- From related orgs
- $140,029
- Other
- $53,548
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $137,545 related
- Bonus
- $0 + $2,484 related
- Other
- $0
- Deferred
- $0 + $30,919 related
- Nontaxable benefits
- $0 + $22,629 related
- Filer's total
- $0 + $193,577 related
-
Mike DaleoMIKE DALEO
SENIOR SOFTWARE ENGINEER
- Total calculated
- $185,082
- From this org
- $0
- From related orgs
- $132,204
- Other
- $52,878
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $129,704 related
- Bonus
- $0 + $2,500 related
- Other
- $0
- Deferred
- $0 + $30,213 related
- Nontaxable benefits
- $0 + $22,665 related
- Filer's total
- $0 + $185,082 related
-
Patrice ClarkePATRICE CLARKE
MANAGER, AUDITS
- Total calculated
- $177,508
- From this org
- $0
- From related orgs
- $125,315
- Other
- $52,193
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $122,892 related
- Bonus
- $0 + $2,423 related
- Other
- $0
- Deferred
- $0 + $29,600 related
- Nontaxable benefits
- $0 + $22,593 related
- Filer's total
- $0 + $177,508 related
-
Therese EdwardsTHERESE EDWARDS
MANAGER, CONTRIBUTIONS/COLLECTIONS
- Total calculated
- $168,489
- From this org
- $0
- From related orgs
- $117,327
- Other
- $51,162
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $112,631 related
- Bonus
- $0 + $4,696 related
- Other
- $0
- Deferred
- $0 + $28,677 related
- Nontaxable benefits
- $0 + $22,485 related
- Filer's total
- $0 + $168,489 related
-
Michael LeonettiMICHAEL LEONETTI
SENIOR SOFTWARE ENGINEER
- Total calculated
- $161,826
- From this org
- $0
- From related orgs
- $110,941
- Other
- $50,885
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $108,621 related
- Bonus
- $0 + $2,320 related
- Other
- $0
- Deferred
- $0 + $28,316 related
- Nontaxable benefits
- $0 + $22,569 related
- Filer's total
- $0 + $161,826 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
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.
-
OPERATING ENGINEERS LOCAL NO 825 WELFARE FUND
501(C)9 · HEALTH AND WELFARE PLAN · NJ
-
OPERATING ENGINEERS LOCAL NO 825 PENSION FUND
401(A)/501(A) · DEFINED BENEFITS · NJ
-
OPERATING ENGINEERS LOCAL NO 825 PROFIT SHARING FUND
401(A)/501(A) · ANNUITY BENEFITS · NJ
-
OPERATING ENGINEERS LOCAL NO 825 TRAINING FUND
501(C)3 · TRAINING · NJ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441349349306174
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