INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 57

EIN: 050161286

Johnston, RI

Total Revenue
$2,588,354
Total Expenses
$2,254,444
Total Assets
$3,205,708
Net Assets
$3,119,630
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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
1945
Legal Domicile
RI
Phone
4014216678
Tax Period
2023-07-01 to 2024-06-30

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 57, founded in 1945, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Expenses of $2.3M left a modest 13% surplus.

Mission

PROMOTE THE WELFARE, WORKING CONDITIONS AND QUALITY OF WORK OF THE LOCAL'S MEMBERS, REPRESENTING APPROX. 1,000 MEMBERS

Program Service Accomplishments

Program 1

PROMOTE THE WELFARE, WORKING CONDITIONS AND QUALITY OF WORK OF THE LOCAL'S MEMBERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,414,555
Investment Income $24,675
Other Revenue $149,124
TOTAL REVENUE $2,588,354

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,392,044
Fundraising Expenses $0
Other Expenses $862,400
TOTAL EXPENSES $2,254,444

Year-over-Year Comparison

2023 2022 Change
Revenue $2,588,354 $2,463,388 +0.1%
Expenses $2,254,444 $2,163,258 +0.0%
Net Income $333,910 $300,130 +0.1%
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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Governance

Voting Members
10
Independent Members
5
Employees
7
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
4
$696,543
Total Directors
10
$1,141,630
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES WHITE President 40.00
Officer Director
$171,612 $76,277 $247,889
RYAN WHITE Vice President 40.00
Officer Director
$150,596 $76,277 $226,873
CHRISTOPHER SILVEIRA AUDITOR 2.00
Director
$147,014 $76,277 $223,291
STEPHEN BERUBE Treasurer 40.00
Officer Director
$144,504 $76,277 $220,781
KERRY MCGEE Trustee 40.00
Director
$141,119 $76,277 $217,396
KYLE ARMSTRONG GUARD 2.00
Director
$1,200 $0 $1,200
RICHARD PETRELLA CONDUCTOR 2.00
Director
$1,100 $0 $1,100
DOUGLAS FOLCARELLI AUDITOR 2.00
Director
$1,100 $0 $1,100
WALTER CLARK Fin. Secretary 2.00
Officer Director
$1,000 $0 $1,000
JOHN GRISSOM Rec. Secretary 2.00
Director
$1,000 $0 $1,000
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 No data No data No data No data
2024 $2,588,354 $2,254,444 $3,205,708 $333,910
2023 $2,463,388 $2,163,258 $2,879,212 $300,130
2022 $1,907,381 $1,780,145 $2,550,590 $127,236
2021 $1,866,488 $1,661,760 $2,421,033 $204,728
2020 $1,690,169 $1,458,270 $2,199,058 $231,899
2019 $1,608,371 $1,400,297 $1,952,049 $208,074
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