Operating Engineers Local 66 Welfare Fund (EIN 251187299) - 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

1968

Legal Domicile

Principal Officer

M Scott Anderson

Phone

4129689750

Tax Period

2024-01-01 to 2024-12-31

Operating Engineers Local 66 Welfare Fund, founded in 1968, is a mid-sized nonprofit that reported $75.7M in total revenue in fiscal year 2024. Expenses of $70.5M left a modest 7% surplus.

Mission

To pay welfare benefits

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $66,745,953

Investment Income $8,909,548

Other Revenue $0

TOTAL REVENUE $75,655,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,442,752

TOTAL EXPENSES $70,538,541

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,655,501	$74,139,937	+0.0%
Expenses	$70,538,541	$65,553,470	+0.1%
Net Income	$5,116,960	$8,586,467	-0.4%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
THOMAS MELISKO JR	EMPLOYEE TRUSTEE	Director	$0	$0	$0
SHAWN BERTIAUX	EMPLOYEE TRUSTEE	Director	$0	$0	$0
KEITH KOPPENHAVER	EMPLOYEE TRUSTEE	Director	$0	$0	$0
JOHN HACK	EMPLOYEE TRUSTEE	Director	$0	$0	$0
BRIAN WYDICK	EMPLOYEE TRUSTEE	Director	$0	$0	$0
MARK SHEPLER	EMPLOYEE TRUSTEE	Director	$0	$0	$0
JESSE DIRENNA	EMPLOYEE TRUSTEE	Director	$0	$0	$0
ALI MILLS	EMPLOYER TRUSTEE	Director	$0	$0	$0
MARK GENTILE	EMPLOYER TRUSTEE	Director	$0	$0	$0
DOUGLAS MOSITES	EMPLOYER TRUSTEE	Director	$0	$0	$0
DAVE DAQUELENTE	EMPLOYER TRUSTEE	Director	$0	$0	$0
GARY HARTMAN	EMPLOYER TRUSTEE	Director	$0	$0	$0
CHARLES J WISNIEWSKI	EMPLOYER TRUSTEE	Director	$0	$0	$0
JON O'BRIEN	EMPLOYER TRUSTEE	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	$75,655,501	$70,538,541	$296,725,247	$5,116,960
2023	$74,139,937	$65,553,470	$280,515,866	$8,586,467
2022	$72,280,957	$62,246,342	$259,844,131	$10,034,615
2021	$77,952,381	$61,382,041	$277,660,586	$16,570,340
2020	$72,717,585	$55,857,517	$250,093,128	$16,860,068

Operating Engineers Local 66 Welfare Fund