2024-11-14T10:00:24-06:00 2023-12-31 363331802 GRAFF BLANSKI & KIM PC 2 NORTHFIELD PLAZA SUITE 200 NORTHFIELD IL 60093 990 2023-01-01 237040499 INTL UNION OF OPERATING ENGINEERS L150 150A 150B 150C BUILDING CORP INTL 7084828800 6200 JOLIET ROAD COUNTRYSIDE IL 60525 JAMES SWEENEY PRESIDENT 7084828800 2024-11-01 1 0 MICHAEL BLANSKI P91800852 8478812540 2023 2024-10-15 13:58:12Z JAMES SWEENEY 6200 JOLIET ROAD COUNTRYSIDE IL 60525 3500913 0 1 X N/A X 1965 IL TO PROMOTE AND ADVANCE THE HEALTH, SECURITY, INTELLECTUAL AND MORAL INTERESTS OF THE UNION AND TO PROVIDE FACILITIES FOR ADVANCING THE CULTURAL, EDUCATIONAL, SOCIAL AND RECREATIONAL INTERESTS OF THE UNION, ITS MEMBERS AND FAMILIES. 21 10 11 0 104525 30695 0 0 0 0 164296 130940 -746790 -563470 -582494 -432530 0 0 0 0 0 0 0 0 0 3007953 2915065 3007953 2915065 -3590447 -3347595 83560273 81599757 361728 31354 83198545 81568403 TO PROMOTE AND ADVANCE THE HEALTH, SECURITY, INTELLECTUAL AND MORAL INTERESTS OF THE UNION AND TO PROVIDE FACILITIES FOR ADVANCING THE CULTURAL, EDUCATIONAL, SOCIAL AND RECREATIONAL INTERESTS OF THE UNION, ITS MEMBERS AND FAMILIES. 0 0 HELD TITLE TO AND OPERATED BUILDINGS FOR THE BENEFIT OF INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 150 AND ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 46 0 1 11 0 1 1 0 0 0 0 0 0 0 0 0 X 21 10 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN GARZA 7084828800 6200 JOLIET ROAD COUNTRYSIDE IL 60525 MICHAEL FEENEY EXECUTIVE BOARD 1.00 1.00 X 0 4871 0 PAUL MCGRATH EXECUTIVE BOARD 1.00 1.00 X 0 16676 0 JAMES FEELY EXECUTIVE BOARD 1.00 1.00 X 0 22100 0 JOHN WATSON EXECUTIVE BOARD 1.00 1.00 X 0 16425 0 WAYNE FOSS EXECUTIVE BOARD 1.00 1.00 X 0 19089 0 MICHAEL WATSON EXECUTIVE BOARD 1.00 1.00 X 0 21200 0 CHANDLER HELTON EXECUTIVE BOARD/AUDITOR 1.00 1.00 X 0 15360 0 ZACHARY GILLENGERTEN EXECUTIVE BOARD 1.00 1.00 X 0 21844 0 DAVID REDA CONDUCTOR 1.00 1.00 X 0 16545 0 SHANNON DEWITT EXECUTIVE BOARD 1.00 1.00 X 0 20973 0 ROYCE MADULA TRUSTEE 1.00 1.00 X 0 10100 0 SHANNON SMOTHERMON TRUSTEE 1.00 1.00 X 0 10100 0 SCOTT WATSON TRUSTEE 1.00 1.00 X 0 10100 0 ERIK SMITH AUDITOR 1.00 1.00 X 0 10100 0 FRANK FUDALA III AUDITOR 1.00 1.00 X 0 10280 0 PATRICK FEENYPATRICK FEENY GUARD 1.00 1.00 X 0 16155 0 DONALD SCHUCK JR EXECUTIVE BOARD 1.00 1.00 X 0 19470 0 JAMES SWEENEY PRESIDENT 5.00 60.00 X 0 427814 133079 MARSHALL DOUGLAS II TREASURER 5.00 60.00 X 0 289044 133079 DAVID FAGAN FINANCIAL SECRETARY 5.00 60.00 X 0 329642 133079 MICHAEL KRESGE REC CORRESPOND SECRETARY 5.00 60.00 X 0 291878 133079 JEFFREY HORNE VICE-PRESIDENT 5.00 60.00 X 0 192757 133079 JUSTIN LEBHERZ MAINTENANCE 40.00 X 137825 0 0 BRYAN STAGOWSKI MAINTENANCE 40.00 X 208899 0 0 346724 1792523 665395 2 0 1 0 M & J ASPHALT PAVING CO INC 3124 S 60TH CT CICERO IL 60804 PAVING CONTRACTOR 125426 NELSON WORLDWIDE LLC 30 WEST MONROE STREET CHICAGO IL 60603 ENGINEERING & CONSTRUCTION 112674 2 130940 130940 2966807 3895694 -928887 -928887 -928887 142274 37749 104525 104525 MISC INCOME 900099 260892 260892 260892 -432530 -928887 104525 391832 71770 2792788 REPAIR AND MAINTENANCE 28089 SPECIAL ACTIVITIES 17562 INCOEM TAX EXPENSE 2241 MISCELLANEOUS 1979 636 2915065 53610 196017 5007624 5131230 12332 14361 123225426 47069494 78464439 76155932 22268 102217 83560273 81599757 361728 31354 361728 31354 X 83198545 81568403 83198545 81568403 83560273 81599757 X -3347595 1717453 X X 0 1 X 1 0 7309944 7309944 112360332 44343073 68017259 3296910 2539050 757860 258240 187371 70869 76155932 CONSTRUCTION ADVANCES, PAYABLES, & DEPOSITS 31354 31354 X 3500912 3933442 3933442 -432530 0 -432530 6848506 3933441 3933441 2915065 0 2915065 PART X, LINE 2: LOCAL 150 BUILDING CORPORATION, I.U.O.E. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE CORPORATION DOES NOT PRESENTLY HAVE MATERIAL UNRELATED BUSINESS INCOME. LOCAL 150 BUILDING CORPORATION, I.U.O.E. BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FS REV. NETTED AGAINST REV. ON 990 3,933,442. PART XII, LINE 2D - OTHER ADJUSTMENTS: FS EXP. NETTED AGAINST EXP. ON 990 3,933,441. 0 0 0 JAMES SWEENEY PRESIDENT 0 419222 0 8592 0 0 0 89370 0 43709 0 560893 0 0 DAVID FAGAN FINANCIAL SECRETARY 0 323095 0 6547 0 0 0 89370 0 43709 0 462721 0 0 MICHAEL KRESGE REC CORRESPOND SECRETARY 0 286060 0 5818 0 0 0 89370 0 43709 0 424957 0 0 MARSHALL DOUGLAS II TREASURER 0 283310 0 5734 0 0 0 89370 0 43709 0 422123 0 0 JEFFREY HORNE VICE-PRESIDENT 0 188977 0 3780 0 0 0 89370 0 43709 0 325836 0 0 BRYAN STAGOWSKI MAINTENANCE 206573 0 2326 0 0 0 0 0 0 0 208899 0 0 0 FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - THE BY-LAW CHANGES ARE SUBJECT TO APPROVAL BY THE UNION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ABIDES BY A CODE OF ETHICS POLICY, WHICH INCLUDES A CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY STATES THAT ALL ACTIVITIES OF OFFICERS AND AGENTS WHETHER APPOINTED OR ELECTED MUST HOLD A SACRED TRUST AND FIDUCIARY DUTY TO SERVE THE BEST INTERESTS OF THE MEMBERS AND THEIR FAMILIES. OFFICERS AND AGENTS ARE REQUIRED TO AVOID ANY OUTSIDE TRANSACTION WHICH CREATES A POTENTIAL CONFLICT OF INTEREST. A REPRESENTATIVE OF THE ORGANIZATION MUST NOT HAVE A SUBSTANTIAL INTEREST IN ANY BUSINESS IN WHICH THE ORGANIZATION BARGAINS COLLECTIVELY, WITH THE EXCEPTION OF STOCK PURCHASE PLANS, PROFIT SHARING & RETIREMENT PLANS. NO REPRESENTATIVE OF THE ORGANIZATION SHALL ACCEPT KICK-BACKS, UNDER THE TABLE PAYMENTS, VALUABLE GIFTS, LAVISH ENTERTAINMENT OR PERSONAL PAYMENTS OF ANY KIND. IF ANY PORTION OF THE ABOVE POLICY IS VIOLATED, THEN DISCIPLINARY ACTION MAY BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS OR KEY EMPLOYEES ARE NOT COMPENSATED BY LOCAL 150 BUILDING CORP. THEY ARE COMPENSATED BY THE INTERNATIONAL UNION OF OPERATING ENGINEERS, LOCAL 15O. PERSUANT TO THE BY-LAWS OF THE ORGANIZATION, THE PRESIDENT-BUSINESS MANAGER "SHALL RECEIVE A SALARY AND EXPENSE ALLOWANCE AS DETERMINED BY THE EXECUTIVE BOARD."BY CUSTOM AND PRACTICE, THE LOCAL 150 EXECUTIVE BOARD SETS THAT SALARY ANNUALLY AT ITS JANUARY MEETING IF NECESSARY. IN SO DOING, THE BOARD CONSIDERS THE AVERAGE ANNUAL EARNINGS OF THE UNION MEMBERS WORKING UNDER THE COLLECTIVE BARGAINING AGREEMENT KNOWN AS THE ILLINOIS BUILDING AGREEMENT IN THE CLASS I CLASSIFICATION OF "CRAFT FOREMAN." IT ALSO CONSIDERS THE SALARIES PAID TO EXECUTIVE OFFICERS OF COMPARABLE LABOR ORGANIZATIONS IN THE CHICAGO AREA, THE UNION'S FINANCES, THE INDIVIDUAL PERFORMANCE OF THE OFFICER, AND STATE OF THE ECONOMY GENERALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS ARE BEING PRINTED IN THE LOCAL 150'S NEWSPAPER. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE IN THE CONSTITUTION AND BY-LAWS UPON REQUEST. FORM 990, PART XI, LINE 9: ADDITIONAL INVESTMENT IN BUILDING CORPORATION 1,717,453. FORM 990, PART XII, LINE 1: MODIFIED CASH BASIS OF ACCOUNTING IS USED FOR FORM 990. FORM 990, PART XII, LINE 2C: THE PROCESS IS CONSISTENT WITH THE PRIOR YEAR. PART IX STATEMENT OF FUNCTIONAL EXPENSES LINES 22 A SPECIAL ASSESSMENT WAS TO CONSTRUCT A NEW APPRENTICESHIP BUILDING FOR THE BENEFIT OF THE UNION'S MEMBERS AND IS PRIMARILY BEING CAPITALIZED. THE RELATED DEPRECIATION EXPENSE ON THE APPRENTICESHIP BUILDING IS BEING RECORDED BY THIS CORPORATION BECAUSE IT CURRENTLY OWNS THE BUILDING. LOCAL 150 IUOE 6200 JOLIET ROAD COUNTRYSIDE IL 60525 361581416 LABOR ORGANIZATION IL 501(C)(5) 0 FIGHT BACK FUND 6170 JOLIET ROAD COUNTRYSIDE IL 60525 475289211 SUPPORTS RESEARCH AND PUBLIC RELATIONS TO COMBAT ANTI UNION INITIATIVES IL 501(C)(4) 0 SWEENEY CLASSIC 6170 JOLIET ROAD COUNTRYSIDE IL 60525 811349902 GRANTS TO OTHER CHARITABLE ORGANIZATIONS IL 501(C)(3) 0 LOCAL 150 PAC 6200 JOLIET ROAD COUNTRYSIDE IL 60525 364384431 TO SUPPORT LEGISLATION IL 527 0 OPERATING ENGINEERS LOCAL 150 APPRENTICESHIP FUND 6150 JOLIET ROAD COUNTRYSIDE IL 60525 366219511 TRAINING IL 501(C)(3) 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 LOCAL 150 IUOE C 1717453 FMV LOCAL 150 IUOE J 1355489 FMV OPERATING ENGINEERS LOCAL 150 APPRENTICESHIP FUND J 1209471 FMV