Nonprofit · EIN 38-1940673
OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND
Tax-exempt · TROY, MI 48098
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $170,773,741 | $167,355,072 | $3,418,669 | $147,918,475 | $133,532,982 | $14,385,493 |
| April 30, 2024 | 990 | $161,842,439 | $149,859,492 | $11,982,947 | $136,633,680 | $104,508,004 | $32,125,676 |
| April 30, 2023 | 990 | $146,005,660 | $138,131,555 | $7,874,105 | $124,805,057 | $91,398,967 | $33,406,090 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $163,953,433
- Investment income
- $6,820,308
- Net gain from sales of assets
- $3,057,336
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $160,755,959
- Other salaries and wages
- $526,891
- Salaries, compensation and benefits (total)
- $944,843
- Professional fundraising fees
- $0
- Legal fees
- $194,823
- Accounting fees
- $530,051
- Occupancy
- $64,572
- Depreciation
- $3,205
Balance sheet and other
- Total assets, start of year
- $136,633,680
- Total assets, end of year
- $147,918,475
- Total liabilities, end of year
- $133,532,982
- Net assets, end of year
- $14,385,493
- Land, buildings and equipment
- $5,925
- Publicly traded securities
- $47,585,053
- Gross receipts
- $177,697,351
- Employees
- 11
- Volunteers
- 5
- Year formed
- 1975
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUGLAS STOCKWELL | LABOR TRUSTEE, SECRETARY Trustee or director, Officer | 2 | $0 | $153,091 | $139,566 |
| KENNETH DOMBROW | LABOR TRUSTEE Trustee or director | 2 | $0 | $159,962 | $80,600 |
| KEVIN BESONEN | LABOR TRUSTEE Trustee or director | 2 | $0 | $149,885 | $77,883 |
| TONY BOLANOWSKI | LABOR TRUSTEE - PART YEAR Trustee or director | 2 | $0 | $143,825 | $75,940 |
| SCOTT HART | LABOR TRUSTEE, CFO INTL UNION OE Trustee or director, Officer | 2 | $0 | $123,908 | $73,745 |
| JAMES OLEKSINSKI | MGMT TRUSTEE, CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BOB ADCOCK | MGMT TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ROB KRUEGER | MGMT TRUSTEE - PART YEAR Trustee or director | 2 | $0 | $0 | $0 |
| LISA LAUZON | LABOR TRUSTEE - PART YEAR Trustee or director | 2 | $0 | $0 | $0 |
| GLENN PEER JR | MGMT TRUSTEE - PART YEAR Trustee or director | 2 | $0 | $0 | $0 |
| DEVEN RAU | MGMT TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ME WOODBECK JR | MGMT TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended April 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DOUGLAS STOCKWELL | SECRETARY Trustee or director, Officer | 2 | $0 | $146,732 | $75,632 |
| KEVIN BESONEN | TRUSTEE Trustee or director | 2 | $0 | $136,846 | $70,321 |
| KENNETH DOMBROW | TRUSTEE Trustee or director | 2 | $0 | $149,110 | $42,113 |
| SCOTT HART | TRUSTEE/ADMINISTRATOR Trustee or director, Officer | 2 | $0 | $112,233 | $48,370 |
| JAMES OLEKSINSKI | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BOB ADCOCK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DEVEN RAU | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ME WOODBECK JR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ROB KRUEGER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended April 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENNETH DOMBROW | TRUSTEE Trustee or director | 2 | $0 | $139,747 | $75,632 |
| DOUGLAS STOCKWELL | SECRETARY Trustee or director, Officer | 2 | $0 | $149,110 | $42,113 |
| KENVIN BESONEN | TRUSTEE Trustee or director | 2 | $0 | $117,360 | $70,321 |
| SCOTT HART | TRUSTEE/ADMINISTRATOR Trustee or director, Officer | 2 | $0 | $105,190 | $48,369 |
| JEFF MCCARTHY | TRUSTEE (PART YEAR) Trustee or director | 2 | $0 | $76,402 | $47,835 |
| LISA LAUZON | TRUSTEE Trustee or director | 2 | $0 | $34,194 | $58,805 |
| JAMES OLEKSINSKI | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BOB ADCOCK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DEVEN RAU | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ME WOODBECK JR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ROB KRUEGER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5600 NEW KING DR STE 330, TROY, MI 48098-2658
- Principal officer (990 for 2024)
- SCOTT HART, 500 HULET DRIVE, BLOOMFIELD TOWNSHIP, MI 48302
- Signed the 990
- SCOTT HART, CFO, INTL UNION OF O.E. LOCAL 324
- Phone
- (810) 650-9685
- Website
- HTTPS://WWW.OE324.ORG/ABOUT/
- Return prepared by
- PLANTE & MORAN PLLC
Mission
COLLECTION OF MONIES PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS FOR DISTRIBUTION FOR PAYMENT OF COVERED HEALTH CARE, DEATH, AND DISABILITY BENEFITS TO PLAN PARTICIPANTS.
Program accomplishments
- COLLECTION OF MONIES PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS FOR DISTRIBUTION FOR PAYMENT OF COVERED HEALTH CARE, DEATH, AND DISABILITY BENEFITS TO PLAN PARTICIPANTS APPROX. 12,100 PARTICIPANTS BENEFIT UNDER TERMS OF THE PLAN.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 38-1940673
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $147,918,475
- Income (IRS master file)
- $177,697,351
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $170,773,741 | $167,355,072 | $147,918,475 | XML |
| 990 | April 2024 | $161,842,439 | $149,859,492 | $136,633,680 | XML |
| 990 | April 2023 | $146,005,660 | $138,131,555 | $124,805,057 | XML |
| 990 | April 2022 | $138,853,618 | $136,341,190 | $115,540,084 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-1940673).
Questions about OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND
- What is the EIN of OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND?
- The employer identification number (EIN) of OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND is 38-1940673.
- Is OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1973.
- Are donations to OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND?
- The 990 for the year ended April 30, 2025 names SCOTT HART.
- Who are the officers and directors of OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND?
- The 990 for the year ended April 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does OPERATING ENGINEERS LOCAL 324 HEALTH CARE FUND have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $170,773,741, expenses of $167,355,072 and total assets of $147,918,475 at year end.
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- KRESGE FOUNDATION EIN 38-1359217 · last filed 990-PF for 2024
- INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 17 WELFARE FUND EIN 23-7080551 · last filed 990 for 2025
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