SOUTHWICK, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INTERNATIONAL UNION OF OPERATING ENG LOCAL 98 EMPLOYERS COOPERATIVE TRUST, founded in 1998, is a small nonprofit in the Employment sector that reported $617K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 23% operating margin.
TO IMPROVE LABOR MANAGEMENT RELATIONSHIPS, PRESERVE EMPLOYMENT SECURITY, ENHANCE ECONOMIC DEVELOPMENT IN THE COMMUNITY AND IMPROVE COMMUNICATION WITH RESPECT TO INDIVIDUAL ADVANCEMENTS, AND TO PROMOTE THE ECONOMIC COMPETITIVENESS OF OPERATING ENGINEERS AND EMPLOYERS IN THE INDUSTRY, PRIMARILY BY AWARDING GRANTS TO ELIGIBLE EMPLOYERS WHO ARE COLLECTIVELY BARGAINED WITH THE UNION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $617,265 | $501,603 | +0.2% |
| Expenses | $477,198 | $303,999 | +0.6% |
| Net Income | $140,067 | $197,604 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KARA RICHOTTE | FUND ADMINISTRATOR | 1.00 |
Officer
|
$0 | $79,746 | $204,704 |
| WILLIAM D FAY - THRU 0924 | UNION TRUSTEE/CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID KAZIMIERCZAK | UNION TRUSTEE/CHAIRPERSON-EFF 09/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRIN AUGER | UNION TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNA RAHKONEN | EMPLOYER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN PECOY | EMPLOYER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $617,265 | $477,198 | $1,061,577 | $140,067 |
| 2023 | $501,603 | $303,999 | $908,228 | $197,604 |
| 2022 | $395,323 | $235,436 | $710,837 | $159,887 |
| 2021 | $288,346 | $205,540 | $546,923 | $82,806 |
| 2020 | $220,525 | $308,206 | $479,215 | $-87,681 |
| 2019 | $189,757 | $182,774 | $555,337 | $6,983 |
| 2018 | $191,193 | $224,354 | $545,252 | $-33,161 |
Compare INTERNATIONAL UNION OF OPERATING ENG LOCAL 98 EMPLOYERS COOPERATIVE TRUST with other nonprofits in Massachusetts and across the country.