Apprenticeship and Skill Improvement Program Local 150
Legal name: Operating Engineers Local 150 Apprenticeship Fund
Nonprofit profile at a glance
- EIN
- 366219511
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Wilmington, Illinois, US
- Phone
- 7084827300
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $48,177,315
- Expenses
- $32,991,571
- Assets
- $116,982,057
- Liabilities
- $6,376,649
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- THOMAS MILIANTI (EXECUTIVE DIRECTOR)
Highest reported compensation
- TOM BERNSTEIN (ADMINISTRATIVE MANAGER): $446,360 total reported compensation
- THOMAS MILIANTI (EXECUTIVE DIRECTOR): $357,627 total reported compensation
- GEORGE ANTOS (COORDINATOR): $353,886 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Apprenticeship and Skill Improvement Program (ASIP) Local 150 provides apprenticeship training for heavy equipment operators, repair technicians, geothermal/well drillers, and construction building inspectors.
What it reported doing in 2025
Instructing and training of persons desiring to become operating engineers, and retaining and improving the capabilities of operating engineers.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 70
- Accountability: 100
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.2%; rating input score 59
- Program expense ratio: 92.3%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31.5%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 3.55; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 8.8% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 11.9% per year; rating input score 100; 74th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 59.2% of revenue deployed · 92.3% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $30.5M in reported program spending
- Leadership: top reported pay $446K · 18 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $1.9M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 8 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.