Civic Intelligence

Operating Engineers' Local 324 Labor Management Education Committee

990 • Fiscal year 2012 • EIN 38-2872986

May 01, 2011 to Apr 30, 2012 • Filed on Sep 13, 2012

500 Hulet Drive48302
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

0.86x

Higher debt load relative to assets than 98% of similar nonprofits.

2012 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

82nd percentile

15%

Faster asset growth than 82% of similar nonprofits.

2012 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$141,885

Up $18,869 (+15%) from 2011

Net Assets

Up

$20,006

Up $81,501 (+133%) from 2011

Liabilities

Down

$121,879

Down $62,632 (-34%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$628,193

Up $18,750 (+3.1%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $90,713Liabilities 2010: $252,300Net Assets 2010: -$161,5872010Assets 2011: $123,016Liabilities 2011: $184,511Net Assets 2011: -$61,4952011Assets 2012: $141,885Liabilities 2012: $121,879Net Assets 2012: $20,0062012Assets 2013: $289,228Liabilities 2013: $161,657Net Assets 2013: $127,5712013Assets 2014: $506,748Liabilities 2014: $150,201Net Assets 2014: $356,5472014Assets 2015: $754,558Liabilities 2015: $118,097Net Assets 2015: $636,4612015Assets 2016: $993,823Liabilities 2016: $96,957Net Assets 2016: $896,8662016Assets 2017: $1,264,402Liabilities 2017: $117,184Net Assets 2017: $1,147,2182017Assets 2018: $1,649,830Liabilities 2018: $108,082Net Assets 2018: $1,541,7482018Assets 2019: $1,833,732Liabilities 2019: $111,645Net Assets 2019: $1,722,0872019Assets 2020: $1,953,297Liabilities 2020: $117,586Net Assets 2020: $1,835,7112020Assets 2021: $2,204,957Liabilities 2021: $122,956Net Assets 2021: $2,082,0012021Assets 2022: $2,314,670Liabilities 2022: $153,299Net Assets 2022: $2,161,3712022Assets 2023: $2,065,002Liabilities 2023: $145,682Net Assets 2023: $1,919,3202023Assets 2024: $2,147,544Liabilities 2024: $101,703Net Assets 2024: $2,045,8412024Assets 2025: $2,725,435Liabilities 2025: $246,187Net Assets 2025: $2,479,2482025

Highlighted filing

2012

Assets$141,885
Liabilities$121,879
Net Assets$20,006

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $597,6112010Expenses 2011: $609,4432011Expenses 2012: $628,1932012Revenue 2013: $740,729Expenses 2013: $633,164Net Income 2013: $107,5652013Revenue 2014: $943,974Expenses 2014: $714,998Net Income 2014: $228,9762014Revenue 2015: $1,063,514Expenses 2015: $783,600Net Income 2015: $279,9142015Revenue 2016: $1,104,195Expenses 2016: $843,790Net Income 2016: $260,4052016Revenue 2017: $1,185,380Expenses 2017: $935,028Net Income 2017: $250,3522017Revenue 2018: $1,371,088Expenses 2018: $976,558Net Income 2018: $394,5302018Revenue 2019: $1,346,001Expenses 2019: $1,165,662Net Income 2019: $180,3392019Revenue 2020: $1,391,687Expenses 2020: $1,278,063Net Income 2020: $113,6242020Revenue 2021: $1,336,278Expenses 2021: $1,089,988Net Income 2021: $246,2902021Revenue 2022: $1,448,294Expenses 2022: $1,368,924Net Income 2022: $79,3702022Revenue 2023: $1,648,613Expenses 2023: $1,888,391Net Income 2023: -$239,7782023Revenue 2024: $1,815,374Expenses 2024: $1,688,853Net Income 2024: $126,5212024Revenue 2025: $1,982,216Expenses 2025: $1,543,546Net Income 2025: $438,6702025

Highlighted filing

2012

Revenue-
Expenses$628,193
Net Income-
Jump To
Filing Snapshot
Filing Period
May 1, 2011 to Apr 30, 2012
Signed
Sep 13, 2012
Return Version
2011v1.2
Gross Receipts
$709,694
Mission and Program Overview

Mission

The operating engineers local 324 labor management education committee aims to make michigan the premier state in the union and possibly the world to construct and maintain infrastructure and facilities. We will achieve this mission through education, communication, innovation and dedication to the members of operating engineers local 324, while concurrently striving to enhance progressive relationships with the contactors employing them and the project owners providing opportunities for the members to perform their craft.

Filing and Contact Details

Filer

EIN
38-2872986
Raw XML AppendixShowing 400 of 480 raw XML fields

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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE COMMITTEE IS EXEMPT FROM INCOME TAX UNDER PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(5). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COMMITTEE AND RECOGNIZE A TAX LIABILITY IF THE COMMITTEE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMMITTEE, AND HAS CONCLUDED THAT AS OF APRIL 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMMITTEE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2009.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE COMMITTEE'S EXECUTIVE DIRECTOR, DONALD O'CONNELL, IS COMPENSATED BY INTERNATIONAL UNION OF OPERATING ENGINEERS' LOCAL 324, AN UNRELATED ORGANIZATION WITH COMMON INTERESTS FOR HIS SERVICES PROVIDED TO THE OPERATING ENGINEERS' LOCAL 324 LABOR MANAGEMENT EDUCATION COMMITTEE. THE COMPENSATION IS ESTABLISHED BY THE UNRELATED ORGANIZATION. THE COMMITTEE REIMBURSES THE UNION FOR THESE AMOUNTS.
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IRS990ScheduleO/GeneralExplanation/Explanation1THE 990 IS REVIEWED BY DIRECTOR AND CFO PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation2CFO REVIEWS ALL PAYROLL RELATED TRANSACTIONS, INCLUDING COMPENSATION OF ALL OTHER EMPLOYEES. THE CFO IS INDEPENDENT OF THE PAYROLL SYSTEM. REVIEW INCLUDES COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES. THE MOST RECENT YEAR THIS PROCESS WAS UNDERTAKEN WAS FISCAL YEAR 2012.
IRS990ScheduleO/GeneralExplanation/Explanation3DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE INDIVIDUAL COMPENSATED BY A RELATED ORGANIZATION WORKED AN AVERAGE OF 35 HOURS PER WEEK AT THAT ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation5PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
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IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State2MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State3MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State4MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State5MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode048302
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode148302
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode248302
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode348302
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode448302
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode548302
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg01
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg11
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg21
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg31
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg41
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg51
IRS990ScheduleR/Form990ScheduleRPartII/EIN0381900637
IRS990ScheduleR/Form990ScheduleRPartII/EIN1381940673
IRS990ScheduleR/Form990ScheduleRPartII/EIN2386195525
IRS990ScheduleR/Form990ScheduleRPartII/EIN3383386104
IRS990ScheduleR/Form990ScheduleRPartII/EIN4383037205
IRS990ScheduleR/Form990ScheduleRPartII/EIN5382342972
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501 (A)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection1501 (C) 9
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection2501 (C) 9
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection3501 (A)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection4501 (C) 2
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection5501 (A)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MI
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState1MI
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState2MI
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState3MI
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState4MI
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState5MI
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10OPERATING ENGINEERS' LOCAL 324 PENSION FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine11OPERATING ENGINEERS' LOCAL 324 HEALTH CARE FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine12OPERATING ENGINEERS' LOCAL 324 VACATION AND HOLIDAY FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine13OPERATING ENGINEERS' LOCAL 324 DEFINED CONTRIBUTION FUND
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine14OEPT REALTY HOLDING COMPANY
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine15OPERATING ENGINEERS' LOCAL 324 RETIREE BENEFIT FUND
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0TO PROVIDE RETIREMENT BENEFITS FOR MEMBERS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities1TO PROVIDE HEALTH BENEFITS FOR MEMBERS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities2TO PROVIDE VACATION BENEFITS FOR MEMBERS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities3TO PROVIDE RETIREMENT BENEFITS FOR MEMBERS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities4TO HOLD REAL ESTATE RELATED TO OE FRINGE FUNDS
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities5TO PROVIDE RETIREMENT BENEFITS FOR MEMBERS
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg01
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities00
IRS990ScheduleR/SharingOfPaidEmployees00
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved012727
IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination0ALLOCATION
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10OPERATING ENGINEERS' LOCAL 324 PENSION FUND
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType0O
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MI
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.73$0.25$2.48$1.98$1.54$0.44
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.10$2.05$1.82$1.69$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.15$1.92$1.65$1.89$0.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.15$2.16$1.45$1.37$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.12$2.08$1.34$1.09$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.12$1.84$1.39$1.28$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.11$1.72$1.35$1.17$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.11$1.54$1.37$0.98$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.12$1.15$1.19$0.94$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.10$0.90$1.10$0.84$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.12$0.64$1.06$0.78$0.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.15$0.36$0.94$0.71$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.16$0.13$0.74$0.63$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.12$0.02$0.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.18$0.06$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.25$0.16$0.60