Form 990 for tax year 2023
Filed by INTERNATIONAL UNION OF OPERATING ENGINERS LOCAL 487.
Totals
- Total revenue
- $3,436,890
- Total expenses
- $2,791,071
- Contributions and grants received
- $3,084,443
- Grants paid
- $0
- Program service revenue
- $35,035
- Investment income
- $308,223
- Other revenue
- $9,189
- Total assets, end of year
- $9,329,510
- Total liabilities, end of year
- $86,208
- Net assets or fund balances, end of year
- $9,243,302
- 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.
-
1b · Membership dues
$3,071,184
-
1d · Related organizations
$13,259
-
2a · Program service revenue: Death Benefit
total $35,035 · related or exempt $35,035
-
3 · Investment income
total $234,631 · excluded $234,631
-
6a · Gross rents
real property $6,500
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $6,500
-
6d · Net rental income or loss
total $6,500 · excluded $6,500
-
7a · Gross sales of assets other than inventory
securities $6,089,972
-
7b · Less cost or other basis and sales expenses
securities $6,016,380
-
7c · Gain or loss
securities $73,592
-
7d · Net gain or loss
total $73,592 · related or exempt $73,592
-
11a · Other revenue: Sales of Supplies
total $1,752 · related or exempt $1,752
-
11b · Other revenue: Miscellaneous
total $937 · related or exempt $937
-
11e · Other revenue, total
$2,689
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $54,685
-
5 · Compensation of officers, directors and key employees
total $467,020
-
7 · Other salaries and wages
total $632,079
-
8 · Pension plan contributions
total $324,353
-
9 · Other employee benefits
total $186,520
-
10 · Payroll taxes
total $90,586
-
11b · Fees: legal
total $30,319
-
11c · Fees: accounting
total $28,850
-
11f · Fees: investment management
total $26,084
-
12 · Advertising and promotion
total $41,513
-
13 · Office expenses
total $36,340
-
14 · Information technology
total $14,511
-
16 · Occupancy
total $53,142
-
19 · Conferences, conventions and meetings
total $56,368
-
21 · Payments to affiliates
total $196,647
-
22 · Depreciation, depletion and amortization
total $64,041
-
23 · Insurance
total $5,488
-
24a · Other expenses: Affliation Fees
total $121,437
-
24b · Other expenses: Automobile Expenses
total $106,444
-
24c · Other expenses: Members Benefits
total $45,941
-
24d · Other expenses: Property Taxes
total $41,436
-
24e · All other expenses
total $167,267
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,183,401 · end of year $2,008,500
-
7 · Other notes and loans receivable
beginning of year $1,500,000 · end of year $865,527
-
10a · Land, buildings and equipment: cost or other basis
$1,156,371
-
10b · Land, buildings and equipment: accumulated depreciation
$573,910
-
10c · Land, buildings and equipment, net
beginning of year $283,814 · end of year $582,461
-
11 · Investments: publicly traded securities
beginning of year $5,636,304 · end of year $5,810,866
-
12 · Investments: other securities
beginning of year $59,125 · end of year $59,125
-
15 · Other assets
beginning of year $3,031 · end of year $3,031
-
25 · Other liabilities
beginning of year $75,107 · end of year $86,208
-
27 · Net assets without donor restrictions
beginning of year $8,590,568 · end of year $9,243,302
Mission and programs · 2023
Mission
The Organization acts as collective bargaining agent on behalf of its members
Activities or mission (Part I)
The Local Union acts as collective bargaining agent for its members
-
Provide jobs for its membership
As filed on the 2023 return.
Listed in Part VII
-
Mark Schaunaman
Business Manager
- Total calculated
- $137,850
- From this org
- $137,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Walberto Utreras
Financial Secretary
- Total calculated
- $107,558
- From this org
- $107,558
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Scott Singer
President, Surveyor, Past
- Total calculated
- $106,195
- From this org
- $106,195
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Rodney Sanders
Vice President
- Total calculated
- $900
- From this org
- $900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
John Mullin
Vice President, past
- Total calculated
- $54,353
- From this org
- $54,353
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Michael Smith
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Jonathan Ellington
Guard
- Total calculated
- $0
- Hours/week
- 10
-
Arthur Ayvaz
Auditor
- Total calculated
- $0
- Hours/week
- 10
-
Patrick Roberts
Trustee
- Total calculated
- $0
- Hours/week
- 10
-
Hugh Lopez
Trustee
- Total calculated
- $0
- Hours/week
- 10
-
Eyal Cohen
Auditor
- Total calculated
- $0
- Hours/week
- 10
-
Jeremy Tarrent
Auditor
- Total calculated
- $0
- Hours/week
- 10
-
Claude Potter
President
- Total calculated
- $0
- Hours/week
- 10
-
James Kammer
Recording Secretary
- Total calculated
- $60,164
- From this org
- $60,164
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
James Junecko
Board Member
- Total calculated
- $0
- Hours/week
- 10
-
Dylan Sherman
Board Member
- Total calculated
- $0
- Hours/week
- 10
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.
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.
-
IUOE Local #487 Health & Welfare Trust Fund
501C(9) · Provide health care to eligible members · FL
-
IUOE Local #487 Pension Trust Fund
401 A · Provide retirement benefits to eligible participants · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531219349303553
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