INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 542 (EIN 230725295) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1935

Legal Domicile

Principal Officer

JAMES REILLEY

Phone

2155427500

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 542, founded in 1935, is a mid-sized nonprofit that reported $14.2M in total revenue in fiscal year 2024.

Mission

TO ELEVATE THE TRADE OF OPERATING ENGINEERS TO ITS PROPER POSITION IN INDUSTRY AND IN THE RANKS OF ORGANIZED WORKERS; TO ENCOURAGE A HIGHER STANDARD OF SKILL AMONG ITS MEMBERS; TO CULTIVATE A FEELING OF FRIENDSHIP AMONG THE MEN/WOMEN OF THE CRAFT AND THOSE WHO MAY EMPLOY ITS MEMBERS; TO ASSIST ITS MEMBERS IN SECURING AND OBTAINING SKILLED CRAFTSMEN FROM AMONG ITS MEMBERSHIP.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $145,002

Program Service Revenue $12,930,637

Investment Income $813,660

Other Revenue $347,647

TOTAL REVENUE $14,236,946

Expense Breakdown

Grants Paid $256,710

Salaries & Benefits $9,693,857

Fundraising Expenses $0

Other Expenses $4,332,132

TOTAL EXPENSES $14,491,104

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,236,946	$14,453,750	0.0%
Expenses	$14,491,104	$13,917,719	+0.0%
Net Income	$-254,158	$536,031	-1.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

$1,214,329

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES REILLEY	BUSINESS MANAGER	40.00	Officer	$163,188	$68,373	$231,561
ROBERT WALSH	RECORDING SECRETARY	40.00	Officer	$148,492	$64,258	$212,750
JAMES GITTENS	VICE PRESIDENT	40.00	Officer	$148,354	$64,219	$212,573
ROSS STEPHENS	TREASURER	40.00	Officer	$148,186	$64,172	$212,358
JAMES ASCIONE	FINANCIAL SECRETARY	40.00	Officer	$148,156	$64,164	$212,320
LAMANDA DAVIS	EXECUTIVE BOARD (P)	2.00	Officer	$86,048	$46,719	$132,767
DANIEL SULLIVAN	PRESIDENT	2.00	Officer	$0	$0	$0
KEITH AUERSWALD	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
PAUL BECHTEL III	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
DANIEL BROOKS	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
RICHARD CARLSON	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
JEFF DANESE	EXECUTIVE BOARD (P)	2.00	Officer	$0	$0	$0
ROCCO DISALVO	EXECUTIVE BOARD (P)	2.00	Officer	$0	$0	$0
JASON EPPERSON	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
SHAWN HAWKEY	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
KEVIN HINCHEY	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
RICHARD KEEN	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
DANIEL LOUNDSBERRY	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
CHRISTIAN MCKEOWN	TRUSTEE	2.00	Officer	$0	$0	$0
ZACHERY MATSAGO	TRUSTEE	2.00	Officer	$0	$0	$0
MATTHEW MILLER	TRUSTEE	2.00	Officer	$0	$0	$0
BENJAMIN MULLINS	EXECUTIVE BOARD (P)	2.00	Officer	$0	$0	$0
MICHAEL MURRAY	EXECUTIVE BOARD	2.00	Officer	$0	$0	$0
WILLIAM BARKLEY	AUDITOR	2.00	Officer	$0	$0	$0
JEREMIE GARCIA	AUDITOR	2.00	Officer	$0	$0	$0
MARLIN GENTRY	AUDITOR (P)	2.00	Officer	$0	$0	$0
WENDALL YARDE	AUDITOR	2.00	Officer	$0	$0	$0
DOUGLAS BARON	CONDUCTOR	2.00	Officer	$0	$0	$0
CHARLES LESLIE	GUARD	2.00	Officer	$0	$0	$0
CECIL PRESTON	BUSINESS AGENT	40.00	Highest	$148,858	$64,360	$213,218
LAWRENCE SNOOK	BUSINESS AGENT	40.00	Highest	$148,492	$64,258	$212,750
LOUIS STEPHENS	BUSINESS AGENT	40.00	Highest	$148,492	$64,258	$212,750
SAM WOLF	BUSINESS AGENT	40.00	Highest	$148,492	$64,258	$212,750
MICHAEL FEHRELE	BUSINESS AGENT	40.00	Highest	$148,354	$64,219	$212,573

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	$14,236,946	$14,491,104	$17,892,237	$-254,158
2023	$14,453,750	$13,917,719	$18,088,887	$536,031
2022	$13,432,649	$15,028,949	$17,778,030	$-1,596,300
2021	$13,208,211	$15,363,735	$19,342,337	$-2,155,524
2020	$11,556,546	$13,643,340	$21,342,967	$-2,086,794
2019	$14,038,071	$14,609,942	$23,314,878	$-571,871
2018	$18,832,524	$13,959,336	$23,841,115	$4,873,188

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 542