INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 877 (EIN 042382284) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Phone

7817691877

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 877, founded in 1965, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. The organization ran a surplus of $591K, a strong 26% operating margin.

Mission

THE OBJECTIVES OF THE UNION, AS THE REPRESENTATIVE OF ITS MEMBERS, ARE TO IMPROVE WORKING CONDITIONS AND LIVING STANDARDS OF MEMBERS THROUGH COLLECTIVE BARGAINING, EDUCATION, TRAINING AND EMPLOYEE BENEFITS AND TO ESTABLISH NECESSARY PROCEDURES FOR THE AMICABLE ADJUSTMENT OF ALL DISPUTES WHICH MAY ARISE BETWEEN EMPLOYERS AND EMPLOYEES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,206,704

Investment Income $103,392

Other Revenue $0

TOTAL REVENUE $2,310,096

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,041,882

Fundraising Expenses $0

Other Expenses $677,627

TOTAL EXPENSES $1,719,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,310,096	$2,175,021	+0.1%
Expenses	$1,719,509	$1,715,006	+0.0%
Net Income	$590,587	$460,015	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$700,079

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL A CANNISTRARO	PRESIDENT/BUSINESS MANAGERR	40.00	Officer	$143,225	$64,970	$208,195
SHAWN BALLARD	VICE PRESIDENT/RECORDING SECRETARY	40.00	Officer	$100,618	$61,210	$161,828
BRIAN E CURRAN	FINANCIAL SECRETARY/TRUSTEE	40.00	Officer	$100,618	$61,210	$161,828
JACK G MUCCIARONE	TREASURER/AUDITOR	40.00	Officer	$100,618	$61,210	$161,828
CHRISTOPHER GLIDDEN	CONDUCTOR/TRUSTEE	1.00	Officer	$1,200	$0	$1,200
WILLIAM HART	AUDITOR	1.00	Officer	$1,200	$0	$1,200
HARRY FLAGG	TRUSTEE	1.00	Officer	$1,400	$0	$1,400
TYLER BOWMEN	AUDITOR	1.00	Officer	$1,300	$0	$1,300
ADAM CURELOP	GUARD - EFF 02/24	1.00	Officer	$1,300	$0	$1,300

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,310,096	$1,719,509	$3,517,219	$590,587
2024	$2,175,021	$1,715,006	$2,957,843	$460,015
2023	$1,946,050	$1,632,341	$2,529,038	$313,709
2022	$1,844,283	$1,578,643	$2,246,540	$265,640
2021	$1,897,915	$1,121,785	$2,012,110	$776,130
2020	$1,671,622	$1,344,186	$1,171,881	$327,436
2019	$1,563,455	$1,537,601	$754,572	$25,854
2019	$1,569,490	$1,540,412	$763,526	$29,078

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 877