Twin City Hoisting And Portable Engineers Association Inc

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

EIN: 410666807 ✦ Minneapolis, MN ✦ Designated as a 501(c)(5)

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Overview

What is Twin City Hoisting And Portable Engineers Association Inc?

The Twin City Hoisting and Portable Engineers Association Inc. is a nonprofit organization that functions as a building corporation. Its primary purpose is to maintain ownership of the property and equipment utilized by the International Union of Operating Engineers Local No. 49. By serving this role, the association plays a crucial part in supporting the operations of the union, ensuring the availability of necessary resources for their work.

Is Twin City Hoisting And Portable Engineers Association Inc legitimate?

Twin City Hoisting And Portable Engineers Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Twin City Hoisting And Portable Engineers Association Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Twin City Hoisting And Portable Engineers Association Inc?

The Twin City Hoisting and Portable Engineers Association Inc, functioning as a building corporation, has a mission to safeguard the ownership of the property and equipment utilized by the International Union of Operating Engineers Local No. 49. This mission ensures the association's ability to provide necessary resources for the operation of the union's local chapter. By managing the title of the property and equipment, the association enables the union to carry out its operations effectively and efficiently.

What is the revenue of Twin City Hoisting And Portable Engineers Association Inc?

Twin City Hoisting And Portable Engineers Association Inc's revenue in 2024 was $402,362.

Who are the executives of Twin City Hoisting And Portable Engineers Association Inc and what are their salaries?

Here are 11 key members and their salaries:


Jason George (Business Manager/Financial Secretary)
  • Compensation: $0
  • Related: $197,649
  • Other: $68,329
Clayton Johnson (President-Business Agent - Past)
  • Compensation: $0
  • Related: $152,826
  • Other: $26,402
Eugene Grover (President-Business Agent)
  • Compensation: $0
  • Related: $148,260
  • Other: $69,793
Ryan Davies (Vice President-Business Agent)
  • Compensation: $0
  • Related: $155,999
  • Other: $67,211
Steve Piper (Record - Correspond Secretary)
  • Compensation: $0
  • Related: $171,020
  • Other: $67,937
Marv Hose (Treasurer - Business Agent)
  • Compensation: $0
  • Related: $155,445
  • Other: $68,672
Ferlin Miller (Trustee-Auditor-Business Agent)
  • Compensation: $0
  • Related: $133,917
  • Other: $68,038
Mark Doble (Trustee-Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Asrouch (Trustee-Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Bergerson (Business Agent/Conductor)
  • Compensation: $0
  • Related: $142,290
  • Other: $68,281
York Magee (Guard/Business Agent)
  • Compensation: $0
  • Related: $149,790
  • Other: $67,786
Where can I find the form 990 for Twin City Hoisting And Portable Engineers Association Inc?

Twin City Hoisting And Portable Engineers Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Twin City Hoisting And Portable Engineers Association Inc

Twin City Hoisting and Portable Engineers Association Inc, as a building corporation, is committed to its mission. This mission entails holding the title to the property and equipment utilized by the International Union of Operating Engineers Local No. 49. In essence, the association serves as a custodian, ensuring the proper ownership and management of these vital resources for the local union. By doing so, Twin City Hoisting and Portable Engineers Association Inc plays a significant role in supporting the operations of the International Union of Operating Engineers Local No. 49, enabling them to carry out their activities effectively.

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Impact




October, 2024

Twin City Hoisting and Portable Engineers Association Inc plays a vital role in supporting the local workforce by managing property and equipment essential for the operations of the International Union of Operating Engineers Local No. 49. By holding title to these critical assets, the association ensures that union members have access to the tools and facilities necessary for their training and work. This support fosters job creation and enhances the skills of operators in the region, contributing to the overall economic development of Minneapolis and the surrounding areas. The association's efforts are crucial in promoting employment opportunities within the construction and engineering sectors, ultimately strengthening the community's workforce and infrastructure.




This information is meant to be a general summary of Twin City Hoisting And Portable Engineers Association Inc. 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.

Revenue
$402,362 (2024)
Expenses
$776,396 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $402,362
  • Gross Receipts: $402,362

Assets and Liabilities:

  • Total Assets: $7,631,241
  • Total Liabilities: $0
  • Net Assets: $7,631,241

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Programs

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

RENTAL INCOME

Revenue

$360,000

BUILDING FUND INCOME

Revenue

$42,362

Organization Details

Founding Year

1947

Principal Officer

Ryan Davies

NTEE Category

Code: J40 - Employment

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