INT'L UNION OF OPERATING ENGRS OF EPA & DE SUPPLEMENTAL UNEMPLMT BENEFIT FUND (EIN 232075110) - 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

1978

Legal Domicile

Principal Officer

JAMES REILLEY

Phone

2155428211

Tax Period

2024-01-01 to 2024-12-31

INT'L UNION OF OPERATING ENGRS OF EPA & DE SUPPLEMENTAL UNEMPLMT BENEFIT FUND, founded in 1978, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 45% operating deficit.

Mission

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ELIGIBLE MEMBERS OF IUOE LOCAL 542.

🔒

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 $0

Program Service Revenue $2,465,294

Investment Income $551,039

Other Revenue $0

TOTAL REVENUE $3,016,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $463,616

Fundraising Expenses $0

Other Expenses $201,676

TOTAL EXPENSES $4,387,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,016,333	$5,480,636	-0.4%
Expenses	$4,387,044	$4,064,307	+0.1%
Net Income	$-1,370,711	$1,416,329	-2.0%

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

1380

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

Total Directors

$444,311

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES REILLEY	UNION TRUSTEE	2.00	Director	$0	$68,373	$231,561
ROB WALSH	UNION TRUSTEE	2.00	Director	$0	$64,258	$212,750
MICHAEL J DRISCOLL JR	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
BENJAMIN J CONNORS	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
THOMAS DANESE	UNION TRUSTEE	2.00	Director	$0	$0	$0
JAMES DAVIS	EMPLOYER TRUSTEE (P)	2.00	Director	$0	$0	$0
SONIA DI VALERIO	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
CHRIS LODGE	UNION TRUSTEE	2.00	Director	$0	$0	$0
FRAN PIETRINI	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
JOHN HEENAN	ADMINISTRATOR	4.00	Highest	$20,343	$95,471	$280,403
WILLIAM MCGUIRE	FUND EMPLOYEE	10.00	Highest	$44,197	$87,345	$245,192
PAUL CAREY III	FUND EMPLOYEE	11.00	Highest	$41,343	$84,287	$231,942
PAUL POTAKO	FUND EMPLOYEE	2.00	Highest	$2,047	$78,377	$206,328
NATHAN SMITH	FUND EMPLOYEE	1.00	Highest	$0	$78,130	$205,260

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	$3,016,333	$4,387,044	$23,688,924	$-1,370,711
2023	$5,480,636	$4,064,307	$24,008,169	$1,416,329
2022	$5,210,311	$4,371,681	$22,097,675	$838,630
2021	$5,658,208	$4,994,503	$22,353,627	$663,705
2020	$4,796,224	$10,337,700	$22,353,140	$-5,541,476
2019	$5,814,946	$6,416,587	$27,615,624	$-601,641
2018	$9,084,914	$4,151,836	$27,557,712	$4,933,078

INT'L UNION OF OPERATING ENGRS OF EPA & DE SUPPLEMENTAL UNEMPLMT BENEFIT FUND