INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 4 LABOR MGT COOP TRUST (EIN 046254465) - 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

1993

Legal Domicile

Principal Officer

GREGORY A GEIMAN

Phone

5085339181

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 4 LABOR MGT COOP TRUST, founded in 1993, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2023. The organization ran a surplus of $1.5M, a strong 49% operating margin.

Mission

TO IMPROVE LABOR MANAGEMENT RELATIONSHIPS, PRESERVE EMPLOYMENT SECURITY, ENHANCE ECONOMIC DEVELOPMENT IN THE COMMUNITY AND IMPROVE COMMUNICATION WITH RESPECT TO INDUSTRY 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.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,780,668

Investment Income $361,120

Other Revenue $0

TOTAL REVENUE $3,141,788

Expense Breakdown

Grants Paid $854,009

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $755,767

TOTAL EXPENSES $1,609,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,141,788	$3,083,919	+0.0%
Expenses	$1,609,776	$2,365,151	-0.3%
Net Income	$1,532,012	$718,768	+1.1%

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

Employees

N/A

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

$317,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM D MCLAUGHLIN	UNION TRUSTEE - THRU 9/23	1.00	Director	$0	$0	$0
CHRISTOPHER L CAREY	UNION TRUSTEE - THRU 9/23	1.00	Director	$0	$0	$0
ALBERT J WELCH III	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
ROBERT PINE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
ROBERT BURR	UNION TRUSTEE	1.00	Director	$0	$0	$0
DAVID DOBSON JR	UNION TRUSTEE - THRU 9/23	1.00	Director	$0	$0	$0
DREW FLOYD	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
GREGORY A GEIMAN	ADMINISTRATOR	1.00	Officer	$0	$65,738	$317,137
PETER DESISTO	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL BOWES	UNION TRUSTEE - EFF 9/23	1.00	Director	$0	$0	$0
JAMES MARENGHI	UNION TRUSTEE - EFF 9/23	1.00	Director	$0	$0	$0
TAYLA ROSE	UNION TRUSTEE - EFF 9/23	1.00	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$3,141,788	$1,609,776	$14,332,596	$1,532,012
2022	$3,083,919	$2,365,151	$11,812,219	$718,768
2022	$3,083,919	$2,445,930	$11,812,219	$637,989
2021	$3,121,039	$1,504,854	$12,678,333	$1,616,185
2020	$2,756,948	$2,567,003	$10,921,701	$189,945
2019	$2,815,329	$2,281,954	$9,275,486	$533,375
2018	$2,729,743	$2,288,874	$7,897,343	$440,869

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 4 LABOR MGT COOP TRUST