INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 18 (EIN 340200322) - 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

1939

Legal Domicile

Principal Officer

MICHAEL R BERTOLONE

Phone

2164323138

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 18, founded in 1939, is a mid-sized nonprofit that reported $27.9M in total revenue in fiscal year 2024. The organization ran a surplus of $8.1M, a strong 29% operating margin.

Mission

LOCAL 18 IUOE IS A LABOR ORGANIZATION THAT HAS BEEN INSTRUMENTAL (CONTINUED ON SCHEDULE O)IN NEGOTIATING PROGRESSIVE CONTRACTS FOR THE RESIDENTIAL & HEAVY HIGHWAY & BUILDING INDUSTRY.

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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 $26,618,450

Investment Income $1,262,382

Other Revenue $20,870

TOTAL REVENUE $27,901,702

Expense Breakdown

Grants Paid $32,920

Salaries & Benefits $10,322,099

Fundraising Expenses $0

Program Expenses $17,889,766

Other Expenses $9,096,160

TOTAL EXPENSES $19,808,105

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,901,702	$26,297,156	+0.1%
Expenses	$19,808,105	$18,312,876	+0.1%
Net Income	$8,093,597	$7,984,280	+0.0%

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

$1,303,780

Total Directors

$2,999,446

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL R BERTOLONE	BUSINESS MANAGER	60.00	Officer Director	$235,878	$47,724	$283,602
THOMAS P BYERS	PRESIDENT	60.00	Officer Director	$189,071	$47,724	$236,795
RONALD A KROHN JR	AUDITOR	50.00	Director	$158,407	$47,724	$206,131
JASON D BAKER	AUDITOR 1/1-7/31 TRUSTEE 8/1-12/31	50.00	Director	$152,507	$47,724	$200,231
THOMAS J PEREVOSNIK	FINANCIAL SECRETARY	50.00	Officer Director	$150,069	$47,724	$197,793
ROBERT L HUGHES	VICE PRESIDENT	50.00	Officer Director	$148,658	$47,724	$196,382
MICHAEL YOUNG	BUSINESS AGENT	50.00	Highest	$147,772	$47,724	$195,496
JOSEPH W CASTO III	RECORDING SECRETARY	50.00	Officer Director	$147,200	$47,724	$194,924
KIPTON SIESEL	BUSINESS AGENT	50.00	Highest	$146,695	$47,724	$194,419
TONY D JAMES	TREASURER	50.00	Officer Director	$146,560	$47,724	$194,284
BRETT LAFASO	DISTRICT REP	50.00	Highest	$142,832	$47,724	$190,556
JOHN TOWNES	ORGANIZER	50.00	Highest	$140,935	$47,724	$188,659
JOHN CULLISON	BUSINESS AGENT	50.00	Highest	$140,326	$47,984	$188,310
CHAD C CREEKS	TRUSTEE	50.00	Director	$139,976	$47,724	$187,700
WESLEY STRACHAM	GUARD 8/1-12/31	50.00	Director	$138,907	$48,513	$187,420
BRENT MCCARTY	CONDUCTOR 1/1-7/31 AUDITOR 8/1-12/31	50.00	Director	$138,156	$47,724	$185,880
ISMAEL GUTIERREZ JR	AUDITOR	50.00	Director	$133,822	$47,724	$181,546
JERID DONLEY	GUARD 1/1-7/31 CONDUCTOR 8/1-12/31	50.00	Director	$132,506	$47,724	$180,230
DARRIN MORGAN	TRUSTEE	50.00	Director	$132,224	$47,724	$179,948
SCOTT R STEVENSON	TRUSTEE 1/1-7/31	50.00	Director	$92,815	$41,258	$134,073
MARK BONNOT	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
THOMAS V BOWLING	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
KENDALL BUDD	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
STACEY L CHAMBERLAIN	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
DEREK FURBEE	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
MATTHEW T GRILLS	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
THOMAS R HYME JR	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
CHAD N SWARTZ	EXECUTIVE BOARD	1.00	Director	$3,396	$785	$4,181
DONALD L STAGGERS	EXECUTIVE BOARD	1.00	Director	$3,396	$300	$3,696
BRIAN A DEAN	EXECUTIVE BOARD	1.00	Director	$2,823	$653	$3,476
ROBERT SEMAN	EXECUTIVE BOARD 2/5-12/31	1.00	Director	$2,278	$526	$2,804
CHRISTOPHER RICHARDSON	EXECUTIVE BOARD	1.00	Director	$2,264	$523	$2,787
ALEXANDER PAPESH	EXECUTIVE BOARD	1.00	Director	$1,719	$396	$2,115
MELVIN YATES	EXECUTIVE BOARD 5/1-12/31	1.00	Director	$1,719	$396	$2,115
JOHNNY RODRIGUEZ	EXECUTIVE BOARD 1/1-4/22	1.00	Director	$1,677	$389	$2,066
DONALD R BLACK	EXECUTIVE BOARD 1/1-4/1	1.00	Director	$0	$0	$0
MICHAEL W VANFOSSEN	EXECUTIVE BOARD	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
2025	No data	No data	No data	No data
2024	$27,901,702	$19,808,105	$108,933,661	$8,093,597
2023	$26,297,156	$18,312,876	$96,218,446	$7,984,280
2022	$24,218,956	$17,324,202	$83,934,319	$6,894,754
2021	$20,332,852	$16,277,183	$86,409,079	$4,055,669
2020	$21,661,812	$15,307,384	$82,203,803	$6,354,428
2019	$26,941,262	$15,563,408	$75,849,918	$11,377,854
2018	$27,168,303	$15,416,123	$64,471,380	$11,752,180

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 18