Civic Intelligence

Internat'L Union Operating Engineer Local 825 Scholarship Fund

990 • Fiscal year 2016 • EIN 46-2987896

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 07, 2017

65 Springfield Ave 3rd FlrSpringfield, NJ 07081

(973) 671-6900

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,768,872

Flat from 2016

Net Assets

Flat

$1,566,410

Flat from 2016

Liabilities

Flat

$202,462

Flat from 2016

Revenue And Expenses

Revenue

Flat

$210,854

Flat from 2016

Expenses

Flat

$100,535

Flat from 2016

Net Income

Flat

$110,319

Flat from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $1,502,743Liabilities 2014: $130,086Net Assets 2014: $1,372,6572014Assets 2015: $1,651,998Liabilities 2015: $170,409Net Assets 2015: $1,481,5892015Assets 2016: $1,768,872Liabilities 2016: $202,462Net Assets 2016: $1,566,4102016Assets 2016: $1,768,872Liabilities 2016: $202,462Net Assets 2016: $1,566,4102016Assets 2017: $1,983,219Liabilities 2017: $216,431Net Assets 2017: $1,766,7882017Assets 2018: $2,111,640Liabilities 2018: $219,500Net Assets 2018: $1,892,1402018Assets 2019: $2,283,727Liabilities 2019: $226,787Net Assets 2019: $2,056,9402019Assets 2020: $2,403,237Liabilities 2020: $297,002Net Assets 2020: $2,106,2352020Assets 2021: $2,877,440Liabilities 2021: $264,200Net Assets 2021: $2,613,2402021Assets 2022: $2,597,706Liabilities 2022: $394,989Net Assets 2022: $2,202,7172022Assets 2023: $2,788,288Liabilities 2023: $249,500Net Assets 2023: $2,538,7882023Assets 2024: $3,111,663Liabilities 2024: $271,411Net Assets 2024: $2,840,2522024

Highlighted filing

2016

Assets$1,768,872
Liabilities$202,462
Net Assets$1,566,410

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $159,373Expenses 2014: $77,856Net Income 2014: $81,5172014Revenue 2015: $260,134Expenses 2015: $103,409Net Income 2015: $156,7252015Revenue 2016: $210,854Expenses 2016: $100,535Net Income 2016: $110,3192016Revenue 2016: $210,854Expenses 2016: $100,535Net Income 2016: $110,3192016Revenue 2017: $243,513Expenses 2017: $105,280Net Income 2017: $138,2332017Revenue 2018: $222,013Expenses 2018: $107,992Net Income 2018: $114,0212018Revenue 2019: $252,496Expenses 2019: $108,650Net Income 2019: $143,8462019Revenue 2020: $190,547Expenses 2020: $111,253Net Income 2020: $79,2942020Revenue 2021: $281,895Expenses 2021: $124,694Net Income 2021: $157,2012021Revenue 2022: $63,410Expenses 2022: $107,520Net Income 2022: -$44,1102022Revenue 2023: $399,674Expenses 2023: $118,508Net Income 2023: $281,1662023Revenue 2024: $250,925Expenses 2024: $118,323Net Income 2024: $132,6022024

Highlighted filing

2016

Revenue$210,854
Expenses$100,535
Net Income$110,319
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 7, 2017
Return Version
2015v3.0
Gross Receipts
$366,541
Mission and Program Overview

Mission

Provide scholarships for children of iuoe local 825 members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,164,722$1,172,798▲ $8,076
Savings and Temporary Cash Investments$431,895$533,920▲ $102,025
Accounts Receivable$55,381$59,454▲ $4,073
Prepaid Expenses and Deferred Charges-$2,700-
Total Assets$1,651,998$1,768,872▲ $116,874
Liabilities
Grants Payable$170,000$192,500▲ $22,500
Accounts Payable and Accrued Expenses$409$9,962▲ $9,553
Total Liabilities$170,409$202,462▲ $32,053
Net Assets / Fund Balance
Unrestricted Net Assets$1,481,589$1,566,410▲ $84,821
Total Net Assets Fund Balance$1,481,589$1,566,410▲ $84,821
Total Liabilities and Net Assets / Fund Balance$1,651,998$1,768,872▲ $116,874
Compensation and Service Providers

Employees

NameTitleOtherTotal
Christopher LaleveeRecording Se$206,909$206,909
John NacionTrustee$2,460$2,460
Alfred ZabickiTrustee$2,050$2,050
Shana GraceTrustee$900$900

Board Members and Trustees

NameTitle
John WoodPresident
Greg LaleveeTrustee
Lawrence TaylorTrustee
Christopher LaleveeRECORDING SEC'Y
John Locrasto JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$180,247
Program Service Revenue
$0
Investment Income
$33,780
Other Revenue
$-3,173
All Other Contributions
$15,778
Change in Net Assets
$110,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$210,854
Revenue Not Reported on Form 990
$-25,498
Total Revenue per Audited Statements
$185,356
Total Revenue per Form 990
$210,854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$90,000
Other Expenses$10,535
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$90,000--$90,000
Fees for Services Other$7,000--$7,000
Fees for Service Investment Mgmnt Fees$3,441--$3,441
Office Expenses$94--$94
Total Functional Expenses$100,535$0$0$100,535

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$100,535
Total Expenses per Audited Statements$100,535
Total Expenses per Form 990$100,535
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$43,173
Fundraising Gross Income$40,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clayshoot Event$26,800$26,800$11,860$14,940
Golf Outing$109,325$13,200$30,439$-17,239
Total Events$145,015$40,000$43,173$-3,173
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Gregory lalevee christopher lalevee trustee recy secy brothers

Form 990, Page 6, Part VI, Line 11B

The organization engages an independent cpa firm to prepare the form 990. Upon completion of the return, the cpa firm provides a draft to the signing officer of the filing organization. This officer reviews the form 990 under authority granted by the filing entity's trust document. The form 990 is subject to review by the trustees of the fund at a subsequent trustee meeting.

Form 990, Page 6, Part VI, Line 19

The organization provides information pertaining to its governing documents, financial statements, policies and procedures to the public as required by law.

Filing and Contact Details

Filer

Filer Name
INTERNAT'L UNION OPERATING ENGINEER
EIN
46-2987896
Phone
9736716900
Address
65 SPRINGFIELD AVE 3RD FLR, SPRINGFIELD, NJ 07081

Signing Officer

Name
John Wood
Title
President
Phone
9736716900
Signed
2017-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Wood
Formed
2011
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Wasilewski & Keating Pc
Address
117 S MAPLE AVE, BASKING RIDGE, NJ 07920
Preparer
Paul F Keating
Phone
9089530919
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt011860
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt090000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt024
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOLARSHIP RECIPIENTS MUST PROVIDE DOCUMENTATION WHICH PROVES CURRENT ENROLLMENT IN AN ACCREDITED INSTITIUTION OF HIGHER EDUCATION.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1THE FILING ORGANIZATION UTILIZES AN OUTSIDE, INDEPENDENT EDUCATIONAL INSTITUTION TO REVIEW SCHOLARSHIP APPLICATIONS. IN ADDITION SCHOLARSHIP WINNERS MUST BE CHILDREN OF MEMBERS IN GOOD STANDING OF IUOE LOCAL 825, A RELATED ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0258128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1155221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2157521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3150966
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt045780
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt136519
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt236726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt336136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017997
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt117553
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt217553
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt317469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt08344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt16281
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt22886
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt32338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GREG LALEVEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOHN LOCRASTO JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JOHN WOOD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3CHRISTOPHER LALEVEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3RECORDING SEC'Y
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0330249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1215574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2214686
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3206909
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GREGORY LALEVEE CHRISTOPHER LALEVEE TRUSTEE RECY SECY BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ENGAGES AN INDEPENDENT CPA FIRM TO PREPARE THE FORM 990. UPON COMPLETION OF THE RETURN, THE CPA FIRM PROVIDES A DRAFT TO THE SIGNING OFFICER OF THE FILING ORGANIZATION. THIS OFFICER REVIEWS THE FORM 990 UNDER AUTHORITY GRANTED BY THE FILING ENTITY'S TRUST DOCUMENT. THE FORM 990 IS SUBJECT TO REVIEW BY THE TRUSTEES OF THE FUND AT A SUBSEQUENT TRUSTEE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES INFORMATION PERTAINING TO ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, POLICIES AND PROCEDURES TO THE PUBLIC AS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IUOE LOCAL 825ABCDRRH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1IUOE LOCAL 825 POLITICAL ACTION &
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0EDUCATION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0221010985
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222009933
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR UN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1P.A.C.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt065 SPRINGFIELD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt165 SPRINGFIELD AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPRINGFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SPRINGFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd007081
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd107081
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PART V: THE FILING ORGANIZATION UTILIZES THE FACILITIES AND EFFORTS OF EMPLOYEES OF IUOE LOCAL 825 TO PERFORM ADMINISTRATIVE TASKS FOR THE SCHOLARSHIP FUND. THE VALUE OF THE USE OF FACILITIES AND EMPLOYEE EFFORTS IS ESTIMATED TO BE LESS THAN 50,000 FOR THE FISCAL YEAR.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01651998
IRS990/TotalAssetsEOYAmt01768872
IRS990/TotalAssetsGrp/BOYAmt01651998
IRS990/TotalAssetsGrp/EOYAmt01768872
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0180247
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100535
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100535
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0170409
IRS990/TotalLiabilitiesEOYAmt0202462
IRS990/TotalLiabilitiesGrp/BOYAmt0170409

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.27$2.84$0.25$0.12$0.13
2023Summary only. Only limited summary data is available for this year.$2.79$0.25$2.54$0.40$0.12$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.39$2.20$0.06$0.11$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.26$2.61$0.28$0.12$0.16
2020Summary only. Only limited summary data is available for this year.$2.40$0.30$2.11$0.19$0.11$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.23$2.06$0.25$0.11$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.22$1.89$0.22$0.11$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.22$1.77$0.24$0.11$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.77$0.20$1.57$0.21$0.10$0.11
2016Summary only. Only limited summary data is available for this year.$1.77$0.20$1.57$0.21$0.10$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.17$1.48$0.26$0.10$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.50$0.13$1.37$0.16$0.08$0.08