Form 990 for tax year 2023
Filed by OPERATING ENGINEERS JOINT SUB FUND OF EASTERN PA & DELAWARE.
Totals
- Total revenue
- $5,480,636
- Total expenses
- $4,064,307
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $5,193,612
- Investment income
- $287,024
- Other revenue
- $0
- Total assets, end of year
- $24,008,169
- Total liabilities, end of year
- $285,978
- Net assets or fund balances, end of year
- $23,722,191
- 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 $5,193,612 · related or exempt $5,193,612
-
3 · Investment income
total $441,873 · excluded $441,873
-
7a · Gross sales of assets other than inventory
securities $6,131,158
-
7b · Less cost or other basis and sales expenses
securities $6,286,007
-
7c · Gain or loss
securities -$154,849
-
7d · Net gain or loss
total -$154,849 · excluded -$154,849
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $3,417,388
-
7 · Other salaries and wages
total $255,259
-
8 · Pension plan contributions
total $134,905
-
9 · Other employee benefits
total $38,775
-
10 · Payroll taxes
total $20,429
-
11b · Fees: legal
total $39,245
-
11c · Fees: accounting
total $33,891
-
11f · Fees: investment management
total $40,256
-
13 · Office expenses
total $26,511
-
14 · Information technology
total $5,297
-
16 · Occupancy
total $29,777
-
17 · Travel
total $4,791
-
19 · Conferences, conventions and meetings
total $27
-
23 · Insurance
total $14,563
-
24a · Other expenses: ALLOCATED DEPRECIATION
total $3,193
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $9,981,322 · end of year $11,543,892
-
4 · Accounts receivable
beginning of year $621,456 · end of year $689,101
-
9 · Prepaid expenses and deferred charges
beginning of year $14,069 · end of year $12,457
-
11 · Investments: publicly traded securities
beginning of year $11,382,739 · end of year $11,653,277
-
15 · Other assets
beginning of year $98,089 · end of year $109,442
-
17 · Accounts payable and accrued expenses
beginning of year $38,863 · end of year $39,693
-
25 · Other liabilities
beginning of year $235,651 · end of year $246,285
-
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 $21,823,161 · end of year $23,722,191
Mission and programs · 2023
Mission
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ELIGIBLE MEMBERS OF IUOE LOCAL 542.
-
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ELIGIBLE MEMBERS OF IUOE LOCAL 542.
As filed on the 2023 return.
Listed in Part VII
-
JAMES DAVIS
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
THOMAS DANESE
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL J DRISCOLL JR
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
FRAN PIETRINI
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS LODGE
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ROB WALSH
UNION TRUSTEE
- Total calculated
- $222,737
- From this org
- $0
- From related orgs
- $143,834
- Other
- $78,903
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $0 + $143,834 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $54,519 related
- Nontaxable benefits
- $0 + $24,384 related
- Filer's total
- $0 + $222,737 related
-
JAMES REILLEY
UNION TRUSTEE
- Total calculated
- $237,255
- From this org
- $0
- From related orgs
- $156,786
- Other
- $80,469
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $156,786 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $55,878 related
- Nontaxable benefits
- $0 + $24,591 related
- Filer's total
- $0 + $237,255 related
-
JOHN HEENAN
ADMINISTRATOR
- Total calculated
- $272,199
- From this org
- $19,699
- From related orgs
- $159,386
- Other
- $93,114
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $19,699 + $159,386 related
- Bonus
- $0
- Other
- $0
- Deferred
- $7,461 + $60,363 related
- Nontaxable benefits
- $2,782 + $22,508 related
- Filer's total
- $29,942 + $242,257 related
-
PAUL CAREY III
FUND EMPLOYEE
- Total calculated
- $229,253
- From this org
- $40,894
- From related orgs
- $105,156
- Other
- $83,203
- Hours/week
- 11 + 29 related
Schedule J breakdown matched by us
- Base
- $40,894 + $105,156 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,401 + $42,173 related
- Nontaxable benefits
- $6,896 + $17,733 related
- Filer's total
- $64,191 + $165,062 related
-
PAUL POTAKO
FUND EMPLOYEE
- Total calculated
- $200,453
- From this org
- $1,982
- From related orgs
- $121,914
- Other
- $76,557
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $1,982 + $121,914 related
- Bonus
- $0
- Other
- $0
- Deferred
- $838 + $51,533 related
- Nontaxable benefits
- $387 + $23,799 related
- Filer's total
- $3,207 + $197,246 related
-
NATHAN SMITH
FUND EMPLOYEE
- Total calculated
- $198,970
- From this org
- $0
- From related orgs
- $122,755
- Other
- $76,215
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $122,755 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $52,052 related
- Nontaxable benefits
- $0 + $24,163 related
- Filer's total
- $0 + $198,970 related
-
WILLIAM MCGUIRE
FUND EMPLOYEE
- Total calculated
- $238,503
- From this org
- $42,886
- From related orgs
- $110,279
- Other
- $85,338
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $42,886 + $110,279 related
- Bonus
- $0
- Other
- $0
- Deferred
- $16,959 + $43,608 related
- Nontaxable benefits
- $6,936 + $17,835 related
- Filer's total
- $66,781 + $171,722 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.
-
INTERNATIONAL UNION OF OPERATING ENGINEERS WELFARE FUND OF EASTERN PA & DE
501(C)(9) · WELFARE BENEFITS · PA
-
INTERNATIONAL UNION OF OPERATING ENGINEERS JOINT ANNUITY FUND OF EASTERN PA
401(A)/501(A) · PENSION FUND · PA
-
INTERNATIONAL UNION OF OPERATING ENGINEERS PENSION FUND OF EASTERN PA & DE
401(A)/501(A) · PENSION FUND · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422839349302072
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