IUOE LOCAL 406 DISASTER RELIEF FUND

What IUOE LOCAL 406 DISASTER RELIEF FUND does

IUOE Local 406 (International Union of Operating Engineers Local Union 406) is a chartered labor union founded in 1910 that represents more than 1,800 operating engineers across Louisiana and Mississippi. The union's membership covers heavy equipment operators, crane rental, heavy and highway construction, pipeline construction, stationary engineers, casino workers, public works, shipbuilding, offshore fabrication, and stevedoring. It operates through four district offices (New Orleans/Metairie, Baton Rouge, Lake Charles, and Ruston) plus a 250–252-acre Training Center in Loranger/Robert, Louisiana, which delivers apprenticeships, heavy equipment training, NCCCO crane certification testing, and over 130 pipeline construction classes annually. The Training Center is the only permanent registered CCO practical exam test site in Louisiana.

The union's primary revenue stream is periodic membership dues set by membership vote, functioning as a recurring subscription model. Additional revenue is generated through training and certification fees, including a $300 cancellation fee for scheduled evaluations, and branded merchandise sales. Members receive functional benefits including negotiated wage premiums (approximately $154/week or 26% above non-union workers), employer-paid Central Pension Fund contributions (part of a $14 billion multi-employer fund), health insurance through Southern Benefit Administrators, an annuity plan administered by SVS Inc., scholarship programs, and access to Union Plus consumer benefits. The union's GTM motion is community-led: members are recruited via business representatives in each district, contractor relationships, and organizing campaigns at non-union workplaces, with training programs serving as both retention and recruitment levers.

The organization is a nonprofit, member-governed entity affiliated with the International Union of Operating Engineers (IUOE) as its parent body. It maintains a small paid staff of approximately 9 employees supporting 1,800+ members, with elected leadership including Business Manager/President D. Jason Billings. The union does not pursue traditional revenue growth, venture funding, or M&A activity; its strategic priorities center on membership expansion, training capacity, and maintaining exclusive representational jurisdiction within its two-state territory.

Name

IUOE LOCAL 406 DISASTER RELIEF FUND

Legal name

International Union of Operating Engineers Local Union 406

Website

https://iuoelocal406.org

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

1–10 employees

Short description

IUOE Local 406 is a labor union representing 1,800+ operating engineers across Louisiana and Mississippi, providing collective bargaining, apprenticeship training, NCCCO crane certification, and multi-employer pension and health benefits through four district offices and a 250-acre training center.

Ownership category

akta.pro rank

Product category

Labor Union Services

NAICS

Apprenticeship Training (611513), Technical and Trade Schools (6115), Other Technical and Trade Schools (611519)

SIC

Services-Employment Agencies (7361), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Apprenticeships, Pre-Apprenticeships & Work-Based Learning (EDAAAOAC)

akta.pro secondary industries

Skilled Trades (Electricians/Plumbers/HVAC/Carpenters) Staffing (BPACAEAB), Labor Relations & Union Management Training (EDABAIAK), Skilled Trades, Safety & Compliance Certification Prep (OSHA, HAZMAT, welding, electrical, HVAC) (EDANAIAM)

Keywords

• Labor union representation
• Collective bargaining services
• Crane operator certification
• Heavy equipment apprenticeship
• Construction worker training

Headquarters

HQ city

Metairie

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Union Membership Dues: IUOE Local 406 generates revenue through periodic union dues paid by its members. Dues are set by a vote of the membership and help pay for the costs of representing workers' interests and collective bargaining. The union provides benefits including Central Pension Fund contributions (paid by employers), health insurance, and training programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

IUOE Local 406 represents over 1,800 operating engineers across Louisiana and Mississippi through collective bargaining, worker dispatch, and a multi-craft training infrastructure. The union delivers a state-registered apprenticeship program, heavy equipment and pipeline construction training at its 252-acre Robert Training Center, NCCCO crane operator certification testing, and member benefits including pension, health insurance, and scholarships.

Product overview

IUOE Local 406 is a labor union offering a portfolio of member services including a multi-year apprenticeship program for heavy equipment and crane operators, comprehensive heavy equipment and pipeline construction training at its 252-acre Robert Training Center, NCCCO crane operator certification testing, scholarship programs for members' children, and branded merchandise. The core offering centers on workforce development and training certification services rather than a unified software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Apprenticeship Program State of Louisiana registered apprenticeship program for operating engineers providing multi-year training in heavy equipment operation, crane operation, and pipeline construction skills. Targets individuals seeking to enter the operating engineering trade as a career pathway.
• Heavy Equipment Training Comprehensive crane training and earth-moving equipment training at the 252-acre Robert Training Center in Louisiana, including NCCCO Crane Operator Certification test preparation. For apprentices and journeymen seeking to upgrade skills.
• Pipeline Construction Training Pipeline training program with over 130 classes covering intermediate training, maintenance, rock drilling, HDD directional drilling, and specialized equipment operation. For union members and apprentices pursuing pipeline construction careers.
• NCCCO Testing Services National Commission for the Certification of Crane Operators (NCCCO) written and practical exam testing services, including EOT (Event Online Testing) computer-based sessions. Practical exams for Lattice Boom, Large Telescopic Boom, and Small Telescopic Boom Cranes. Available at the only permanent registered CCO practical exam test site in Louisiana.
• Scholarship Program Peter Babin, Jr. Scholarship Award providing $1,000 annually for four years to children of Local 406 members in good standing, plus additional Louisiana AFL-CIO scholarships ($1,000 each, three awarded in 2024) and Joseph M. Bertucci Scholarship ($2,000 minimum) through the Louisiana State Building and Construction Trades Council. For dependents of union members pursuing college education.
• Union Merchandise Store Branched merchandise including hats, t-shirts, hoodies, and accessories featuring IUOE Local 406 branding, available for order by phone at (504) 241-1311. For members and supporters of the union.

Quantifiable outcome

• 26% higher wages for union vs non-union workers
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Central Pension FundcoreOthersMulti-employer pension fund established in 1960 providing retirement, disability and death benefits to IUOE members. Has $14 billion in assets, over 6,200 contributing employers, and over 120,000 active participants. CPF is the 3rd largest multi-employer defined benefit pension fund in the United States.
• Southern Benefit AdministratorscoreOthersAdministers the Southern Operators Health Fund providing health insurance coverage for members and their dependents. Located in Goodlettsville, TN.
• SVS, Inc.coreOthersAdministers the South Central Annuity Fund, a defined contribution retirement plan. Provides account access, statements, balance inquiries, and PIN management through 1-800-273-3250 and www.svsval.com.
• Union PlusminorOthersProvides additional benefits program for union members including consumer discounts, credit cards, and insurance products through AFL-CIO partnership.
• International Union of Operating Engineers (IUOE)coreStrategic or Co-development PartnerParent international union provides apprenticeship training standards, heavy equipment operator training programs, and pipeline training resources. Local 406 participates in IUOE's Operating Engineers Certification Program (OECP) and Pipeline Training Program.
• NCCCO (National Commission for the Certification of Crane Operators)coreTechnology or IntegrationNCCCO provides crane operator certification standards. IUOE Local 406 is the only permanent registered CCO practical exam test site in Louisiana, offering written and practical exams for Lattice Boom, Large Telescope, and Small Telescope Cranes.
• Louisiana AFL-CIOminorOthersState federation of labor unions offering scholarship opportunities. In 2024, awarded three $1,000 scholarships through American Income Life Insurance Company sponsorship.
• Louisiana State Building and Construction Trades CouncilminorOthersAffiliated building trades council offering the Joseph M. Bertucci Scholarship ($2,000 minimum) for children of union members pursuing college education.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Associated Builders and Contractors (ABC): Open-shop trade association representing merit-shop contractors with its own craft training and apprenticeship programs. Comparable as a competing training/certification ecosystem that vies for the same apprentices and contractor employers in Louisiana and the Gulf region.
• Helmets to Hardhats: Nonprofit career-training program placing military veterans into registered apprenticeship programs in the building trades, including operating engineer apprenticeships. Comparable as an adjacent pipeline funnel for apprentices that Local 406's apprenticeship program relies on and competes with for candidates.

Broad incumbents

• National Center for Construction Education and Research (NCCER): National craft training and credentialing organization whose curricula and certifications are widely adopted across the construction industry. Comparable as a peer/competitor in standardized craft training and certification that operators and contractors may choose alongside IUOE programs.
• Laborers' International Union of North America (LIUNA): Major building trades union with overlapping jurisdiction on heavy/civil and pipeline projects in Louisiana. Comparable as a peer labor organization that co-staffs Louisiana construction sites, shares apprenticeship/training infrastructure, and competes for the same member base on project labor agreements.
• National Commission for the Certification of Crane Operators (NCCCO): National certifying body for crane operators that accredits Local 406's practical exam test site. Comparable as the standards authority governing the certifications Local 406 delivers and the broader crane-certification ecosystem.
• International Union of Operating Engineers (IUOE): Parent international union providing apprenticeship training standards, OECP certification, and Pipeline Training Program resources. Comparable as the umbrella organization and standards-setter for Local 406 and all sister locals.

Direct peers

• IUOE Local 103 (Operating Engineers Local 103): IUOE local covering Wisconsin and parts of the upper Midwest. Comparable as a sister operating engineers local with an apprenticeship program, training center, and NCCCO certification offerings serving heavy/highway and pipeline construction.
• IUOE Local 150 (Operating Engineers Local 150): Another large IUOE local representing operating engineers across Illinois, Indiana, and Iowa. Most directly comparable peer — same parent international union, same craft jurisdiction (heavy equipment, crane, pipeline), same apprenticeship/NCCCO training model, and similarly multi-district operating structure.
• IUOE Local 49 (Operating Engineers Local 49): IUOE local in Minnesota, North Dakota, and South Dakota. Comparable peer offering apprenticeship and journeyman upgrade training in heavy equipment and crane operation, with a dedicated training facility and NCCCO testing capabilities.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/unionplus
• LinkedInlinkedin.com/company/iuoe-local-406-disaster-relief-fund

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IUOE LOCAL 406 DISASTER RELIEF FUND