INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL #649 (EIN 370347805) - 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

1917

Legal Domicile

Principal Officer

PONNO BURNS

Phone

3096970070

Tax Period

2024-10-01 to 2025-09-30

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL #649, founded in 1917, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 13% surplus.

Mission

OPERATION OF LOCAL UNION

🔒

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 $4,086,193

Investment Income $471,464

Other Revenue $51,008

TOTAL REVENUE $4,608,665

Expense Breakdown

Grants Paid $39,750

Salaries & Benefits $2,626,328

Fundraising Expenses $0

Other Expenses $1,340,547

TOTAL EXPENSES $4,008,025

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,608,665	$3,872,133	+0.2%
Expenses	$4,008,025	$3,668,468	+0.1%
Net Income	$600,640	$203,665	+1.9%

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

$552,575

Total Directors

$561,911

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARREN SMITH	BUSINESS MANAGER - PAST	50.00	Officer Director	$199,601	$105,970	$305,571
BRANDYN CAGLE	PRESIDENT	0.50	Director	$600	$0	$600
MICHAEL HIGH	FINANCIAL SECRETARY - PAST	50.00	Officer Director	$141,276	$105,728	$247,004
TIMOTHY ALLEN	TREASURER	0.50	Director	$1,800	$0	$1,800
ANDREW ERICKSON	PRESIDENT - PAST	0.50	Director	$1,800	$0	$1,800
CHARLES DEPALMA	EXECUTIVE BOARD	0.50	Director	$600	$0	$600
TOBY SHREVES	EXECUTIVE BOARD - PAST	0.50	Director	$600	$0	$600
NICHOLAS ULM	EXECUTIVE BOARD	0.50	Director	$600	$0	$600
MATTHEW K ULM	REC CORRES SECRETARY	0.50	Director	$3,336	$0	$3,336
TONY O'BRIAN	BUSINESS MANAGER	50.00	Officer Director	$0	$0	$0
PONNO BURNS	FINANCIAL SECRETARY	50.00	Officer Director	$0	$0	$0
JASON SCHMITT	VICE PRESIDENT	0.50	Director	$0	$0	$0
LONI GROSENBACH	EXECUTIVE BOARD	0.50	Director	$0	$0	$0
BRYAN HANAFIN	BUSINESS REP	50.00	Highest	$142,475	$105,970	$248,445
LUKE OGAN	BUSINESS REP	50.00	Highest	$142,445	$105,970	$248,415
STEPHEN SCHMITT	BUSINESS REP	50.00	Highest	$143,043	$105,970	$249,013
ZACH SHREVES	BUSINESS REP	50.00	Highest	$141,654	$105,970	$247,624
JOSEPH VAN DRAN	BUSINESS REP	50.00	Highest	$141,703	$105,970	$247,673

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	$4,608,665	$4,008,025	$11,142,443	$600,640
2024	$3,872,133	$3,668,468	$10,414,641	$203,665
2023	$3,686,045	$3,505,775	$9,567,056	$180,270
2022	$4,235,528	$3,567,967	$9,077,118	$667,561
2021	$3,846,320	$2,972,968	$9,159,057	$873,352
2020	$3,501,404	$2,791,369	$7,802,077	$710,035
2019	$2,829,072	$2,538,394	$6,967,255	$290,678
2018	$2,661,663	$2,456,129	$6,808,693	$205,534

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL #649