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Operating Engineers Local 1

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

EIN: 840235478 ✦ Broomfield, CO ✦ Designated as a 501(c)(5)

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Overview

What is Operating Engineers Local 1?

Operating Engineers Local 1 is a nonprofit organization located in Broomfield, Colorado, with a specific address at 2851 Industrial Lane. Their primary mission is to organize, manage, and represent the members of Local Union Number One. With a team of three dedicated individuals, they work tirelessly to support and advocate for their members' interests, ensuring they are well-represented in the community. The organization's activities encompass various aspects, including organizing, managing, and representing its members effectively.


Official website here: www.iuoelocal1.org

Is Operating Engineers Local 1 legitimate?

Operating Engineers Local #1 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Operating Engineers Local #1 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: $192,091
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,793

For more financial information, click here


Official website here: www.iuoelocal1.org

What is the mission statement of Operating Engineers Local 1?

Operating Engineers Local 1's mission is to organize, manage, and represent the members of its local union. This encompasses advocating for and supporting the needs of its members, ensuring they have a collective voice in their profession. The union's primary goal is to oversee and manage the interests of its Local Union Number One, acting as a representative for its members in various matters.


Official website here: www.iuoelocal1.org

Who is the CEO of Operating Engineers Local 1?

Theodore Herrera is the President of Operating Engineers Local #1.


Official website here: www.iuoelocal1.org

What is the revenue of Operating Engineers Local 1?

Operating Engineers Local 1's revenue in 2022 was $630,600.


Official website here: www.iuoelocal1.org

Who are the executives of Operating Engineers Local 1 and what are their salaries?

The average compensation at Operating Engineers Local 1 during 2022 was $82,295. There are 3 employees at Operating Engineers Local 1.


Here are 5 key members and their salaries:


Chad Abitz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sutton (Vice President)
  • Compensation: $94,509
  • Related: $0
  • Other: $33,288
Theodore Herrera (Business Manager)
  • Compensation: $97,582
  • Related: $0
  • Other: $33,826
Korey Andrews (Rec.-Corres. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Potter (Financial Sercetary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iuoelocal1.org

Where can I find the form 990 for Operating Engineers Local 1?

Operating Engineers Local 1's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iuoelocal1.org

Learn more at the official website: www.iuoelocal1.org

Mission Statement of Operating Engineers Local 1

Operating Engineers Local 1 is an organization dedicated to managing, organizing, and representing its members. Its mission is to oversee and support the interests of its members who belong to Local Union Number 1, ensuring they have a collective voice and representation in various matters. By organizing, managing, and representing its members, Operating Engineers Local 1 aims to uphold their rights and interests, fostering a sense of unity and empowerment within the community.

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Impact




October, 2024

Operating Engineers Local 1 plays a crucial role in the construction and heavy equipment industry by organizing, managing, and representing its members. Based in Broomfield, Colorado, the union focuses on advocating for workers’ rights, job security, and fair wages, significantly impacting the economic stability of its members. By providing training and resources, it enhances the skills of operators, ensuring they are equipped for safe and efficient work. The union's efforts help to foster a collaborative work environment, improving overall workplace conditions and standards. Through its commitment to organizing workers, Operating Engineers Local 1 strengthens the voice of labor in the industry, contributing to a more equitable and just work landscape.




This information is meant to be a general summary of Operating Engineers Local 1. 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
$630,600 (2022)
Expenses
$602,174 (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: $3,653
  • Gross Receipts: $630,600

Assets and Liabilities:

  • Total Assets: $275,016
  • Total Liabilities: $39,032
  • Net Assets: $235,984

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Organization Details

Founding Year

1975

Principal Officer

Theodore Herrera

Main Address

2851 INDUSTRIAL LANE, BROOMFIELD, CO, 80020

NTEE Category

Code: J40 - Employment

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