Civic Intelligence

Int'L Union of Operating Engineers Local 627 Training Fund of Oklahoma

990 • Fiscal year 2016 • EIN 73-6105865

Sep 01, 2015 to Aug 31, 2016 • Filed on Oct 31, 2016

9412 N Robinson AveOklahoma City, OK 73114-3618

(405) 848-7400

Siviq Scores

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

Liabilities / Assets

54th percentile

0.13x

Higher debt load relative to assets than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

0.77x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

75th percentile

$116,053

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 29.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-54%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,345,901

Down $582,110 (-20%) from 2015

Net Assets

Down

$2,041,979

Down $43,384 (-2.1%) from 2015

Liabilities

Down

$303,922

Down $538,726 (-64%) from 2015

Revenue

Down

$393,906

Down $453,871 (-54%) from 2015

Expenses

Up

$437,290

Up $727 (+0.2%) from 2015

Net Income

Down

-$43,384

Down $454,598 (-111%) from 2015

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 2013: $1,439,539Liabilities 2013: $115Net Assets 2013: $1,439,4242013Assets 2014: $1,623,750Liabilities 2014: $9Net Assets 2014: $1,623,7412014Assets 2015: $2,928,011Liabilities 2015: $842,648Net Assets 2015: $2,085,3632015Assets 2016: $2,345,901Liabilities 2016: $303,922Net Assets 2016: $2,041,9792016Assets 2017: $2,488,087Liabilities 2017: $300,000Net Assets 2017: $2,188,0872017Assets 2018: $2,580,414Liabilities 2018: $302,282Net Assets 2018: $2,278,1322018Assets 2019: $2,658,507Liabilities 2019: $253,819Net Assets 2019: $2,404,6882019Assets 2020: $2,654,888Liabilities 2020: $286,356Net Assets 2020: $2,368,5322020Assets 2021: $2,473,693Liabilities 2021: $204,108Net Assets 2021: $2,269,5852021Assets 2022: $3,099,767Liabilities 2022: $156,309Net Assets 2022: $2,943,4582022Assets 2023: $2,854,579Liabilities 2023: $157,712Net Assets 2023: $2,696,8672023Assets 2024: $2,615,571Liabilities 2024: $10,065Net Assets 2024: $2,605,5062024Assets 2025: $2,691,413Liabilities 2025: $14,429Net Assets 2025: $2,676,9842025

Highlighted filing

2016

Assets$2,345,901
Liabilities$303,922
Net Assets$2,041,979

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $331,5772013Revenue 2014: $529,190Expenses 2014: $344,873Net Income 2014: $184,3172014Revenue 2015: $847,777Expenses 2015: $436,563Net Income 2015: $411,2142015Revenue 2016: $393,906Expenses 2016: $437,290Net Income 2016: -$43,3842016Revenue 2017: $606,038Expenses 2017: $459,930Net Income 2017: $146,1082017Revenue 2018: $478,017Expenses 2018: $387,972Net Income 2018: $90,0452018Revenue 2019: $572,100Expenses 2019: $445,544Net Income 2019: $126,5562019Revenue 2020: $536,353Expenses 2020: $572,509Net Income 2020: -$36,1562020Revenue 2021: $440,692Expenses 2021: $539,639Net Income 2021: -$98,9472021Revenue 2022: $1,277,152Expenses 2022: $603,279Net Income 2022: $673,8732022Revenue 2023: $431,106Expenses 2023: $682,609Net Income 2023: -$251,5032023Revenue 2024: $692,232Expenses 2024: $783,593Net Income 2024: -$91,3612024Revenue 2025: $963,697Expenses 2025: $892,219Net Income 2025: $71,4782025

Highlighted filing

2016

Revenue$393,906
Expenses$437,290
Net Income-$43,384
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$393,906
Mission and Program Overview

Mission

Provide and support the education and training of members in the operating engineer industry.

To train apprentices on equipment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,897,006$2,135,654▲ $238,648
Cash and Non-Interest-Bearing Accounts$1,031,005$210,247▼ $820,758
Total Assets$2,928,011$2,345,901▼ $582,110
Liabilities
Mortgage Notes Payable Secured by Investment Property$842,648--
Unsecured Notes Loans Payable-$300,000-
Other Liabilities-$3,922-
Total Liabilities$842,648$303,922▼ $538,726
Net Assets / Fund Balance
Unrestricted Net Assets$2,085,363$2,041,979▼ $43,384
Total Net Assets Fund Balance$2,085,363$2,041,979▼ $43,384
Total Liabilities and Net Assets / Fund Balance$2,928,011$2,345,901▼ $582,110

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,718,036$114,255$1,832,291
Equipment$325,892$126,102$451,994
Land$91,726-$91,726
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug MinnichAdministratoFT$77,184$38,869$116,053
Jeremy LaneAdministrato-$57,842$32,328$90,170

Board Members and Trustees

NameTitle
Robert R SudikChairman
Dave BennettTrustee
Dylan ChambersTrustee
Matt ThomasTrustee
Ryan ParkerTrustee
Alan FarrisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$373,450
Investment Income
$18,356
Other Revenue
$2,100
Change in Net Assets
$-43,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$393,906
Total Revenue per Audited Statements
$393,906
Total Revenue per Form 990
$393,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$223,474
Other Expenses$213,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$128,886$14,320-$143,206
Depreciation Depletion$68,510$7,612-$76,122
Other Salaries and Wages$44,165$4,907-$49,072
Insurance$33,989$3,777-$37,766
Fees for Services Other-$14,037-$14,037
Occupancy$11,262$1,251-$12,513
Pension Plan Contributions$11,223$1,247-$12,470
Payroll Taxes$10,196$1,133-$11,329
Other Employee Benefits$6,658$739-$7,397
All Other Expenses$2,195$1,609-$3,804
Other Expenses$3,292$366-$3,658
Advertising$15--$15
Total Functional Expenses$377,042$60,248$0$437,290

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$437,290
Total Expenses per Audited Statements$437,290
Total Expenses per Form 990$437,290
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,922
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 was presented and approved by the governing body before it was filed.

Form 990, Page 6, Part VI, Line 12C

The organization stated in its policy that all levels of fund management are responsible for maintaining constant awareness for potential conflict of interest problems, encourages timely disclosure by subordinates, and initiates prompt action if any potential conflict of interest situation arises. The organization requires its employeees to complete an annual disclosure of interests.

Form 990, Page 6, Part VI, Line 15A

The administrator's salary was compared to what a journeyman foreman makes.

Form 990, Page 6, Part VI, Line 15B

There are no other officers or key employees, but other employees' wages are based on the journeyman wage used to set the apprentice scale.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
INT'L UNION OF OPERATING ENGINEERS
EIN
73-6105865
Phone
4058487400
Address
9412 N ROBINSON AVE, OKLAHOMA CITY, OK 73114-3618

Signing Officer

Name
Jeremy Lane
Title
Administrator
Phone
4058487400
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Lane
Formed
1965
Legal Domicile
Ok
Voting Board Members
6
Independent Board Members
6
Employees
6

Preparer

Firm
Luton & Co Pllc
Address
201 NW 63RD ST STE 100, OKLAHOMA CITY, OK 73116
Preparer
David R Brady
Phone
4058487313
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL SOLICITATIONS CONTAIN THIS INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS PRESENTED AND APPROVED BY THE GOVERNING BODY BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION STATED IN ITS POLICY THAT ALL LEVELS OF FUND MANAGEMENT ARE RESPONSIBLE FOR MAINTAINING CONSTANT AWARENESS FOR POTENTIAL CONFLICT OF INTEREST PROBLEMS, ENCOURAGES TIMELY DISCLOSURE BY SUBORDINATES, AND INITIATES PROMPT ACTION IF ANY POTENTIAL CONFLICT OF INTEREST SITUATION ARISES. THE ORGANIZATION REQUIRES ITS EMPLOYEEES TO COMPLETE AN ANNUAL DISCLOSURE OF INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ADMINISTRATOR'S SALARY WAS COMPARED TO WHAT A JOURNEYMAN FOREMAN MAKES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES, BUT OTHER EMPLOYEES' WAGES ARE BASED ON THE JOURNEYMAN WAGE USED TO SET THE APPRENTICE SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C5
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNION
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IRS990/TotalReportableCompFromOrgAmt0135026
IRS990/TotalRevenueGrp/ExclusionAmt020456
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09412 N ROBINSON AVE
IRS990/USAddress/CityNm0OKLAHOMA CITY
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IRS990/USAddress/ZIPCd0731143618
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IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY LANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04058487400
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INT'L UNION OF OPERATING ENGINEERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LOCAL 627 TRAINING FUND OF OKLA
ReturnHeader/Filer/BusinessNameControlTxt0INTL
ReturnHeader/Filer/EIN0736105865
ReturnHeader/Filer/PhoneNum04058487400
ReturnHeader/Filer/USAddress/AddressLine1Txt09412 N ROBINSON AVE
ReturnHeader/Filer/USAddress/CityNm0OKLAHOMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd0731143618
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731331618
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTON & CO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 NW 63RD ST STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073116
ReturnHeader/PreparerPersonGrp/PhoneNum04058487313
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-22

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