Cause IQ organization profile

Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Operating Engineers Local 324 Journeyman and Apprentice Training Fund is a job training program based in Howell, MI that was founded in 1964. As of 2019 they had $8.4 million in revenue and $19 million in assets.

Previous legal names or variations of their name include: Local 324.

EIN:

38-3215444

City:

Howell

State:

Michigan

Metro:

Detroit-Warren-Dearborn, MI

Website:

oe324.org

Founded:

1964

Type:

501(c)(3)

NTEE:

J22: Employment and job training programs

Revenue:

$8,466,072

Assets:

$19,292,529

Employees:

Fiscal year end:

April

Revenue trends:

Asset trends:

Program areas at Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Collection and administration of contributions, instruction, and Training of participants related to the operation of heavy equipment and functions and responsibilities of being an Operating engineer.

Excess government property is maintained by the Fund for use in the Training programs pursuant to cooperative agreement between the international union of Operating engineers and the u.s dept of labor. The Fund held government property at year end of $1,801,677.

Form 990s for Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Fiscal year ending	Date received by IRS	Form	PDF link
2019-04	Sep 3, 2020	990	View PDF
2018-04	May 14, 2019	990	View PDF
2017-04	Apr 10, 2018	990	View PDF
2016-04	Aug 12, 2017	990	View PDF
2015-04	Jul 21, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$450,000	-100%
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$450,000	-100%

Field	2019	2018	% Change
Total grants, contributions, etc.	$0	$450,000	-100%
Program services	$8,410,397	$8,820,347	-4.6%
Investment income and dividends	$52,291	$17,775	194.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$13,665	-100%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$3,384	$5,225	-35.2%
Total revenues	$8,466,072	$9,307,012	-9.0%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$0	$0
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$1,987,449	$1,849,750	7.4%
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$1,624,673	$1,466,611	10.8%
Payroll taxes	$209,620	$187,920	11.5%
Management fees	$0	$0
Legal fees	$24,936	$65,445	-61.9%
Accounting fees	$27,380	$22,439	22.0%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$0	$458	-100%
Advertising and promotion	$0	$0
Office expenses	$90,019	$236,118	-61.9%
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$177,331	$172,245	3.0%
Travel	$207,405	$179,625	15.5%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$694,069	$573,209	21.1%
Insurance	$134,294	$112,012	19.9%
All other expenses	$1,315,389	$890,491	47.7%
Total expenses	$6,492,565	$5,756,323	12.8%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$7,616,189	$7,531,461	1.1%
Pledges and grants receivable	$0	$0
Accounts receivable	$667,666	$604,271	10.5%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$99,081	$100,362	-1.3%
Buildings, equipment, etc. post-depreciation	$6,713,586	$5,353,663	25.4%
Investments, publicly traded securities	$2,119,215	$2,046,319	3.6%
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$2,076,792	$531,599	290.7%
Total assets	$19,292,529	$16,167,675	19.3%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$1,448,573	$318,173	355.3%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$1,448,573	$318,173	355.3%

Field	2019	2018	% Change
Unrestricted net assets	$17,792,617	$15,728,734	13.1%
Temporarily restricted net assets	$51,339	$120,768	-57.5%
Permanently restricted net assets	$0	$0

Vendors for Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Vendor	Services	Amount paid	Date
WordPress	Content management system software		2020-06-27
██████ ███ █████ ████	Tax accounting		2020-03-11

Personnel at Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Name	Title	Compensation	Most recent data
Douglas Stockwell	Chairman	$0	May 2, 2019
John Osika	Training Coordinator	$107,958	April 30, 2018
██████ ███████████	Secretary	$0	April 30, 2018
█████ ████	Trustee	$0	April 30, 2018
████ ████	Chairman	$0	April 30, 2015

Peer employment and job training programs

	Name	Type	Revenue	Location
1	Michigan Laborers' Training and Apprenticeship Fund	501(c)(3)	$5.8 million	Lansing, MI
2	Iron Workers' Local Union No 25 Training Fund	501(c)(3)	$2.2 million	Troy, MI
3	Michigan Statewide Carpenters and Millwrights Joint Appr Train Fund	501(c)(3)	$6.6 million	Lansing, MI
4	Apprentice and Journeyman Training Trust Fund of the Electrical Industry	501(c)(3)	$3.4 million	Madison HTS, MI
5	Cement and Concrete Workers Training and Appreticeship Fund	501(c)(3)	$2.6 million	Astoria, NY
6	Empire State Carpenters Apprenticeship Committee	501(c)(3)	$4.2 million	Hauppauge, NY
7	Liuna Chicagoland Laborers' District Council Training and Apprentice Fund	501(c)(3)	$17 million	Carol Stream, IL
8	Apprentice & Journeyman TRG Trust Fund	501(c)(3)	$21 million	Van Nuys, CA
9	Chicago Journeymen Plumbers Local Union 130 UA	501(c)(3)	$6.7 million	Chicago, IL
10	Electrical Local No 26 Joint Apprenticeship and Training Trust Fund	501(c)(3)	$10 million	Lanham, MD
11	National Plastering Industry Joint Apprenticeship Trust Fund	501(c)(3)	$7.3 million	Columbia, MD
12	New England Carpenters Training Fund (NECTF)	501(c)(3)	$23 million	Millbury, MA
13	International Masonry Training and Education Foundation (IMTEF)	501(c)(3)	$23 million	Bowie, MD
14	The Electrical Trades Center of Central Ohio	501(c)(3)	$2.4 million	Columbus, OH
15	Stationary Enginers No Ca and NO NV Apprenticeship and Training Trust Fund	501(c)(3)	$3.7 million	San Francisco, CA
16	Taller San Jose Hope Builders	501(c)(3)	$4.3 million	Santa Ana, CA
17	Finishing Trades Institute of New York	501(c)(3)	$3.3 million	New York, NY
18	Boilermakers Local 549 Apprenticeship and Training Trust Fund	501(c)(3)	$2.3 million	Pittsburg, CA
19	Local 649 Operating Engineers Apprenticeship Fund	501(c)(3)	$2.7 million	Bartonville, IL
20	Joint Apprenticeship Training Fund of Local Union #164	501(c)(3)	$3.9 million	Paramus, NJ
21	Texas Carpenters and Millwrights Training Trust Fund (TCMTTF)	501(c)(3)	$5.4 million	Austin, TX
22	Plumbers Local Union No 1 Trade Education Fund	501(c)(3)	$4.2 million	Long Island City, NY
23	Indianapolis Electrical Jatc	501(c)(3)	$2.5 million	Indianapolis, IN
24	Finishing Trades Institute of New England	501(c)(3)	$4.0 million	Roslindale, MA
25	Joint Apprenticeship Training Committee of the NW Line Construction	501(c)(3)	$3.7 million	Vancouver, WA

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Cause IQ organization profile

Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Program areas at Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Form 990s for Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Financials for Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Vendors for Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Personnel at Operating Engineers Local 324 Journeyman and Apprentice Training Fund

Peer employment and job training programs

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