International Operating Engineers Union 407 FY2023 filing

Not tax-deductible

Sulphur, LA501(c)(5)Since 1945Mutual / membership EIN 72-0368237Revenue $1.2M in FY2023

On file with the IRS1190 Mosswood Dr, 70665-9507 · Sulphur, LATax-exempt since Apr 1960

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Betterment of Working Conditions

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
$446K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $124K a year · 11% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$446K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $649K in investments, Pt X · Ln 11–13
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$55K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1146
of 1146 voting members
Looks good: 1146 of 1146 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+17% vs prior year
Spent
$1.1M
To programs
100%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$1.2M
FY2023▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.4M
FY2022$1.0M
FY2023$1.2M
FY2024$1.3M
FY2025$1.1M
Expenses
$1.1M
FY2023▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.1M
FY2023$1.1M
FY2024$908K
FY2025$1.1M
Net assets
$1.1M
FY2023▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2020$869K
FY2021$1.1M
FY2022$958K
FY2023$1.1M
FY2024$1.5M
FY2025$1.6M

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1960.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.1M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $446K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Bus Mgrfin Sec
$139,839Pt VII · Sec A
Bus Agentguard
$136,366Pt VII · Sec A
Bus Agent
$105,195Pt VII · Sec A
Financial Secretary
$49,511Pt VII · Sec A
$5,149Pt VII · Sec A
President
$5,112Pt VII · Sec A
Vice President
$5,080Pt VII · Sec A
Bus Agent
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Todd Montie$145,905$142,895$139,839$140,234$98,225—
Sarah Sterns$144,621$141,611$136,366$3,050——
Kenneth Fugatt——$49,511$141,518$127,741$126,881
Lewis Vance———$140,234$126,457—
Larry Grimmett————$65,986$125,597
Joey Vance——$105,195———
Maurice Wimberley$9,692$2,984$5,080$2,876——
Troy Renard$6,280$3,958$5,112$2,513$2,435—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves workplace safety and fair treatment for all employees.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2022
01

Betterment of wages, hours and working conditions

$1.1Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$18K
Money outPt IX
$1.1M
Ln 25
Programscol B$1.1M
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$269K
Total assetsLn 16$1.2M
LiabilitiesLn 26$55K
PeoplePt VI, VII
8
listed · VII A
PaidVII A7
Voting boardVI 1a1,146
IndependentVI 1b1,146
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$18K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$269K
Cash and savings togetherLn 1–2$269K
InvestmentsLn 11–13$649K
Land, buildings, equipmentLn 10c$265K
Total assetsLn 16$1.2M
LiabilitiesLn 26$55K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$124K$269K
InvestmentsLn 11–13$628K$649K
Land, buildings, equipmentLn 10c$307K$265K
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$102K$55K
Net assetsLn 32$958K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$446K$446K
Other salaries and wagesLn 7$82K$82K
Pension plan contributionsLn 8$70K$70K
Other employee benefitsLn 9$46K$46K
Payroll taxesLn 10$38K$38K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$9K$9K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$265K$265K
All other expensesLn 24e$110K$110K
Total functional expensesLn 25$1.1M$1.1M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.1M$58K$1.6M 990 PDF
FY2024 $1.3M$908K$379K$1.5M 990 PDF
FY2023 Viewing $1.2M$1.1M$103K$1.1M 990 PDF
FY2022 $1.0M$1.1M−$91K$958K 990 PDF
FY2021 $1.4M$1.1M$246K$1.1M 990 PDF
FY2020 $1.1M$1.0M$49K$869K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,191,128 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $946,339$1,172,899
I-9 Program service revenue$0
I-10 Investment incomePrior year $68,711$18,229
I-11 Other revenue$0
I-12 Total revenuePrior year $1,015,050$1,191,128
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $678,079$682,321
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $427,799$405,971
I-18 Total expensesPrior year $1,105,878$1,088,292
I-19 Revenue less expensesPrior year −$90,828$102,836
Part VI · Governance 1,146 of 1,146 board members independent, 3 to look at
VI-1a Voting members of the governing body1,146
VI-1b Independent voting members1,146
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,191,128 across 4 lines filed
VIII-1b Membership dues$1,172,899
VIII-1h Total contributions, gifts and grants$1,172,899
VIII-3 Investment incomeRelated to mission $18,229$18,229
VIII-12 Total revenueRelated to mission $18,229 · Unrelated business $0 · Excluded from tax $0$1,191,128
Part IX · Statement of functional expenses $1,088,292 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $446,252$446,252
IX-7 Other salaries and wagesPrograms $82,375$82,375
IX-8 Pension plan contributionsPrograms $69,985$69,985
IX-9 Other employee benefitsPrograms $45,973$45,973
IX-10 Payroll taxesPrograms $37,736$37,736
IX-11c Accounting feesPrograms $2,450$2,450
IX-13 Office expensesPrograms $8,685$8,685
IX-20 InterestPrograms $1,773$1,773
IX-22 Depreciation, depletion and amortizationPrograms $16,317$16,317
IX-23 InsurancePrograms $1,680$1,680
IX-24 Other expenses (24a–d)Programs $265,331$265,331
IX-24e All other expensesPrograms $109,735$109,735
IX-25 Total functional expensesPrograms $1,088,292 · Management $0 · Fundraising $0$1,088,292
Part X · Balance sheet $1,183,073 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $123,979$268,631
X-10c Land, buildings and equipment, netStart of year $306,952$265,032
X-11 Publicly traded securitiesStart of year $628,028$649,410
X-16 Total assetsStart of year $1,059,771$1,183,073
X-17 Accounts payable and accrued expensesStart of year $21,294$22,308
X-26 Total liabilitiesStart of year $101,805$54,751
X-27 Net assets without donor restrictionsStart of year $957,966$1,128,322
X-32 Total net assets or fund balancesStart of year $957,966$1,128,322
X-33 Total liabilities and net assetsStart of year $1,059,771$1,183,073
Part XI · Reconciliation of net assets $1,128,322 net assets at year end
XI-1 Total revenue$1,191,128
XI-2 Total expenses$1,088,292
XI-3 Revenue less expenses$102,836
XI-4 Net assets at start of year$957,966
XI-5 Net unrealized gains (losses) on investments$67,520
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,128,322

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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