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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Employment Operating Engineers Local 137 Labor Management Cooperative Trust

Operating Engineers Local 137 Labor Management Cooperative Trust

Fiscal year ending 2024. Filed on July 14, 2025.

1360 Pleasantville Road
Briarcliff Manor, New York 10510

Operating Engineers Local 137 Labor Management Cooperative Trust (EIN: 82-6654758) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Operating Engineers Local 137 Labor Management Cooperative Trust, a 501(c)(5) labor, agricultural, or horticultural organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $257,322. The highest compensated employee at Operating Engineers Local 137 Labor Management Cooperative Trust is Albert Wassell with fiscal year 2024 compensation of $257,322.

Revenue, expenses, and employee compensation

Revenue

$705,837

Expenses

$986,687

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Albert Wassell
Fund Manager
$257,322
$0 $154,254 $103,068

Benchmark Employee Compensation

Non-Employee Board Members

James Sasso
Union Trustee
Jeffrey Loughlin
Union Trustee
John Cooney
Employer Trustee
Mark Fante
Employer Trustee
Michael Miller
Union Trustee
Richard Lombardi
Employer Trustee

Mission Statement

THE PURPOSE OF THE TRUST IS TO IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE INDUSTRY; PRESERVE, IDENTIFY AND EXPAND WORK OPPORTUNITIES; PROMOTE EFFICIENCY IN OPERATIONS AND THE ECONOMIC COMPETITIVENESS; PROMOTE THE ESTABLISHMENT AND MAINTENANCE OF QUALITY TRAINING PROGRAMS; ESTABLISH AND MAINTAIN MECHANISMS FOR MONITORING AND ENFORCING COMPLIANCE WITH FEDERAL, STATE AND LOCAL LAWS, RULES, REGULATIONS AND STANDARDS; AND AWARD GRANTS TO ELIGIBLE EMPLOYERS WHO ARE COLLECTIVELY BARGAINED WITH THE UNION.

Revisions to this organization profile

July 14, 2025:
2024 Operating Engineers Local 137 Labor Management Cooperative Trust 990 filed
June 26, 2024:
2023 Operating Engineers Local 137 Labor Management Cooperative Trust 990 filed
June 27, 2023:
2022 Operating Engineers Local 137 Labor Management Cooperative Trust 990 filed

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