Overview
What is International Union Of Operating Engineers Local 542?
International Union of Operating Engineers Local 542 is a nonprofit organization based in Fort Washington, Pennsylvania. With a membership of 59 individuals, their mission is to elevate the trade of operating engineers in the industry and promote organized workers. They strive to encourage a higher standard of skill among their members and foster camaraderie between engineers and potential employers. Additionally, the union assists its members in securing and hiring skilled craftsmen from within their ranks.
Is International Union Of Operating Engineers Local 542 legitimate?
International Union Of Operating Engineers Local 542 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Union Of Operating Engineers Local 542 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,151,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,941,471
For more financial information, click here
What is the mission statement of International Union Of Operating Engineers Local 542?
The International Union Of Operating Engineers Local 542 aims to elevate the standing of operating engineers in the industry and organized labor. It encourages members to uphold a high level of skill and promotes camaraderie among those in the craft. The union also assists its members in securing and employing skilled craftsmen from within its membership.
What is the revenue of International Union Of Operating Engineers Local 542?
International Union Of Operating Engineers Local 542's revenue in 2023 was $14,453,750.
Who are the executives of International Union Of Operating Engineers Local 542 and what are their salaries?
The average compensation at International Union Of Operating Engineers Local 542 during 2023 was $108,808. There are 56 employees at International Union Of Operating Engineers Local 542.
Here are 32 key members and their salaries:
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- Compensation: $143,894
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- Compensation: $144,596
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- Other: $78,903
- Compensation: $144,230
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- Other: $57,945
- Compensation: $144,092
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- Other: $78,903
- Compensation: $144,230
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- Other: $78,903
- Compensation: $144,230
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- Other: $84,563
Where can I find the form 990 for International Union Of Operating Engineers Local 542?
International Union Of Operating Engineers Local 542's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of International Union Of Operating Engineers Local 542
The International Union of Operating Engineers Local 542 is a dedicated organization with a mission to elevate the trade of operating engineers within the industry and among organized workers. By positioning operating engineers with the respect and recognition they deserve, the union aims to enhance their status both professionally and within their community.
Additionally, the International Union of Operating Engineers Local 542 is committed to fostering a higher standard of skill among its members. They believe that a highly skilled workforce not only benefits individual members but also improves industry standards and professionalism as a whole.
Furthermore, the union strives to create a sense of camaraderie and friendship among the men and women of the craft and those who employ its members. This fosters a collaborative and supportive environment, where members can rely on one another for advice, guidance, and assistance in securing skilled craftsmen.
In summary, the International Union of Operating Engineers Local 542 is an influential organization that champions the cause of operating engineers. They aim to elevate the trade within the industry, encourage a higher standard of skill among their members, and cultivate a sense of friendship and camaraderie among those in the field.
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Impact
October, 2024
The International Union of Operating Engineers Local 542 significantly impacts the construction and engineering industries by advocating for the professional development and recognition of operating engineers. Its efforts are focused on elevating the trade to its rightful place within the industry, ensuring that skilled labor is valued and respected. The union actively promotes a higher standard of skill among its members through training and continuous education, which enhances the overall quality of work in the field.
Moreover, Local 542 fosters a strong sense of community among its members, cultivating friendships and professional networks that benefit both workers and employers. By facilitating connections between skilled craftsmen and job opportunities, the union not only supports its members in securing employment but also helps employers find qualified operators for their projects, thereby improving efficiency and safety on job sites.
Additionally, through its mission, the union serves as a collective voice for operating engineers, advocating for better working conditions, fair wages, and equitable treatment in the workplace. This collective action strengthens the position of organized workers within the broader labor market, contributing to a more balanced and equitable industry. Overall, Local 542 plays a crucial role in shaping a skilled workforce and advancing the interests of operating engineers in Pennsylvania and beyond.
This information is meant to be a general summary of International Union Of Operating Engineers Local 542. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $598,829
- Program Service Revenue: $13,356,984
- Gross Receipts: $14,453,750
Assets and Liabilities:
- Total Assets: $17,778,030
- Total Liabilities: $524,989
- Net Assets: $17,253,041
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND ASSESSMENTS
Revenue
$13,291,026
SETTLEMENT
Revenue
$33,492
OTHER REVENUE
Revenue
$32,466
Organization Details
Founding Year
1935
Phone
(215) 542-7500Principal Officer
James Reilley
Main Address
1375 VIRGINIA DRIVE, FORT WASHINGTON, PA, 19034
NTEE Category
Code: J40 - Employment
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