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Operating Engineers Local 150 Apprenticeship Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366219511 ✦ Countryside, IL ✦ Designated as a 501(c)(3)

Overview

What is Operating Engineers Local 150 Apprenticeship Fund?

Operating Engineers Local 150 Apprenticeship Fund is a nonprofit organization based in Wilmington, Illinois, approximately 50 miles south of Chicago. The primary mission of this organization is to instruct, train, and improve the capabilities of individuals who aspire to become operating engineers, ensuring compliance with the Fair Labor Standards Act of 1938 and the regulations issued thereunder. Their expansive training center covers over 300 acres and provides 342,000 square feet of space, including an indoor training area. This comprehensive program aims to equip trainees with the necessary skills to excel in their chosen field and enhance the capabilities of existing operating engineers.


Official website here: www.asiplocal150.org

Is Operating Engineers Local 150 Apprenticeship Fund legitimate?

Operating Engineers Local 150 Apprenticeship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operating Engineers Local 150 Apprenticeship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $6,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,789,387

For more financial information, click here


Official website here: www.asiplocal150.org

What is the mission statement of Operating Engineers Local 150 Apprenticeship Fund?

The Operating Engineers Local 150 Apprenticeship Fund is dedicated to instructing and training individuals who aspire to become operating engineers, as well as enhancing the capabilities of existing operating engineers. They adhere to the Fair Labor Standards Act of 1938 and the regulations issued thereafter. Their comprehensive program focuses on apprenticeship and skill improvement. The training center offers ample space for indoor instruction, ensuring a conducive learning environment.


Official website here: www.asiplocal150.org

Who is the CEO of Operating Engineers Local 150 Apprenticeship Fund?

James M Sweeney is the Chairman of Operating Engineers Local 150 Apprenticeship Fund.


Official website here: www.asiplocal150.org

What is the revenue of Operating Engineers Local 150 Apprenticeship Fund?

Operating Engineers Local 150 Apprenticeship Fund's revenue in 2022 was $38,017,713.


Official website here: www.asiplocal150.org

Who are the executives of Operating Engineers Local 150 Apprenticeship Fund and what are their salaries?

The average compensation at Operating Engineers Local 150 Apprenticeship Fund during 2022 was $85,392. There are 103 employees at Operating Engineers Local 150 Apprenticeship Fund.

Here are 18 key members and their salaries:

    Tom Bernstein (Administrative Manager)
  • Compensation: $0
  • Related: $247,419
  • Other: $97,733

    • George Antos (Coordinator)
  • Compensation: $190,922
  • Related: $0
  • Other: $122,925

    • Mark Kara (Assistant Coordinator)
  • Compensation: $159,591
  • Related: $0
  • Other: $124,269

    • Thomas Milianti (Assistant Coordinator)
  • Compensation: $159,591
  • Related: $0
  • Other: $124,269

    • Denise Schultz (Instructor)
  • Compensation: $152,716
  • Related: $0
  • Other: $124,269

    • Martin Turek (Field Collector)
  • Compensation: $149,877
  • Related: $0
  • Other: $121,581

    • James Sweeney (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Snelten (Secretary Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Cisco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Fagan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marshall Douglas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Plote (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Michaels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Eckardt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Kresge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Horne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.asiplocal150.org

    Where can I find the form 990 for Operating Engineers Local 150 Apprenticeship Fund?

    The Operating Engineers Local 150 Apprenticeship Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.asiplocal150.org

    Learn more at the official website: www.asiplocal150.org

    Mission Statement of Operating Engineers Local 150 Apprenticeship Fund

    Operating Engineers Local 150 Apprenticeship Fund is a dedicated organization focused on instructing and training individuals with a desire to become operating engineers. Complying with the Fair Labor Standards Act of 1938 and the regulations that follow, this program is committed to improving the capabilities of both new recruits and existing operating engineers.

    Located on a expansive 300-acre property in Illinois, the Apprenticeship Fund's training center is equipped with an impressive 342,000 square feet of space. This substantial indoor training area is where the next generation of operating engineers hones their skills and knowledge under expert guidance. Through a combination of theoretical and practical learning, these apprentices gain the necessary expertise to excel in their chosen profession.

    The Operating Engineers Local 150 Apprenticeship Fund is more than just a training program; it is a platform for continuous skill improvement. By investing in the development of its members, the organization ensures that the operating engineering industry remains at the forefront of technological advancements and best practices. By fostering a culture of excellence and providing opportunities for growth, Operating Engineers Local 150 Apprenticeship Fund is shaping the future of the industry and the careers of its apprentices.

    Impact

    This information is meant to be a general summary of Operating Engineers Local 150 Apprenticeship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Operating Engineers Local 150 Apprenticeship Fund has a significant impact on the workforce by instructing and training individuals to become operating engineers, as well as retraining and improving the capabilities of existing operating engineers. Through its apprenticeship and skill improvement program, the fund provides valuable opportunities for individuals to develop the necessary skills and knowledge to succeed in the operating engineering industry. Situated on 300-plus acres in Wilmington, Illinois, the training center offers a vast indoor training area spanning 342,000 square feet. This immersive learning environment creates a conducive space for individuals to hone their skills and prepare for successful careers in the field. Operating Engineers Local 150 Apprenticeship Fund plays a crucial role in empowering individuals to secure employment and contribute effectively to the workforce, ultimately benefiting the industry as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,335,318
  • Program Service Revenue: $35,978,174
  • Gross Receipts: $60,306,833

    • Assets and Liabilities:
  • Total Assets: $69,850,177
  • Total Liabilities: $2,357,639
  • Net Assets: $67,492,538
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $35,725,839

    INSTRUCTOR SALARY REIMBURSEMENTS

    Revenue

    $143,055

    APPLICATION AND COURSE FEES

    Revenue

    $109,280

    Organization Details

    Founding Year

    1967

    Principal Officer

    James M Sweeney

    Main Address

    6150 JOLIET ROAD, COUNTRYSIDE, IL, 60525

    NTEE Category

    Code: J220 - Employment

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