International Union Of Operating Engineers Local 487 H & W Plan

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

EIN: 596231991 ✦ Sparks, MD ✦ Designated as a 501(c)(9)

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Overview

What is International Union Of Operating Engineers Local 487 H & W Plan?

The International Union of Operating Engineers Local 487 H & W Plan is a fraternal organization situated in Sparks, Maryland. Their primary purpose is to extend health and welfare benefits to their participating members and their dependents. By offering these benefits, they aim to support the overall well-being of their members, providing them with essential assistance during challenging times.

Is International Union Of Operating Engineers Local 487 H & W Plan legitimate?

International Union Of Operating Engineers Local 487 H & W Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Union Of Operating Engineers Local 487 H & W Plan 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 International Union Of Operating Engineers Local 487 H & W Plan?

The International Union Of Operating Engineers Local 487 H & W Plan is dedicated to delivering health and welfare benefits to its participating members and their dependents. This organization's primary objective is to serve as an intermediary, ensuring the well-being of its members by providing them with necessary healthcare and welfare benefits. The mission of the International Union Of Operating Engineers Local 487 H & W Plan is centered around providing support and essential benefits, thereby enhancing the quality of life for its members and their families.

Who is the CEO of International Union Of Operating Engineers Local 487 H & W Plan?

Mark Schaunaman is the Trustee of International Union Of Operating Engineers Local 487 H & W Plan.

What is the revenue of International Union Of Operating Engineers Local 487 H & W Plan?

International Union Of Operating Engineers Local 487 H & W Plan's revenue in 2022 was $8,845,410.

Who are the executives of International Union Of Operating Engineers Local 487 H & W Plan and what are their salaries?


Here are 8 key members and their salaries:


Michael Harrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Epperson Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mullen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schaunaman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Singer (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Turk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walberto Utreras (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Villella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for International Union Of Operating Engineers Local 487 H & W Plan?

International Union Of Operating Engineers Local 487 H & W Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Union Of Operating Engineers Local 487 H & W Plan

The International Union Of Operating Engineers Local 487 H & W Plan is an organization committed to providing health and welfare benefits for its participating members and their dependents. This fraternal group is dedicated to ensuring the well-being of its members, extending support beyond just their professional lives. By offering health and welfare benefits, the International Union Of Operating Engineers Local 487 H & W Plan aims to enhance the quality of life for its members and their families, providing them with the necessary resources to maintain their health and overall well-being. The organization's mission is a testament to its dedication to the welfare of its members, acting as a safety net during times of need.

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Impact




October, 2024

The International Union of Operating Engineers Local 487 H & W Plan significantly impacts its members and their families by offering essential health and welfare benefits. This organization ensures that participating members have access to necessary medical services, which can improve their quality of life and financial stability. By providing comprehensive health coverage, the plan alleviates the burden of healthcare costs, allowing members to focus on their work and well-being. It also extends these benefits to dependents, contributing to the overall health and security of families within the community. Ultimately, the plan plays a crucial role in fostering a supportive environment for workers in the operating engineers trade, enhancing their livelihoods and promoting stability within the workforce.




This information is meant to be a general summary of International Union Of Operating Engineers Local 487 H & W Plan. 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
$8,845,410 (2022)
Expenses
$8,178,440 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $8,845,410
  • Gross Receipts: $8,845,410

Assets and Liabilities:

  • Total Assets: $2,546,789
  • Total Liabilities: $1,526,972
  • Net Assets: $1,019,817

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Programs

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

CONTRIBUTIONS

Revenue

$8,845,410

Organization Details

Founding Year

1970

Principal Officer

Mark Schaunaman

Main Address

911 RIDGEBROOK ROAD, SPARKS, MD, 211529451

NTEE Category

Code: Y40 - Mutual benefit

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