OPERATING ENGINEERS APPRENTICESHIP & SKILL IMP COMMITTEE - CENTRAL IL

EIN: 370918073 501(c)(3) Employment

SPRINGFIELD, IL

Total Revenue
$3,432,030
Total Expenses
$2,405,997
Total Assets
$2,964,960
Net Assets
$2,938,708
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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
IL
Principal Officer
PATRICK MCCAHERTY
Phone
2174987798
Tax Period
2024-05-01 to 2025-04-30

OPERATING ENGINEERS APPRENTICESHIP & SKILL IMP COMMITTEE - CENTRAL IL, founded in 1968, is a community nonprofit in the Employment sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 30% operating margin.

Mission

PROVIDE AN APPRENTICE TRAINING PROGRAM FOR NEW UNION MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $2,259,198 Revenue: $3,367,661

REVENUE AND EXPENSES RELATED TO HOLDING THE APPRENTICESHIP TRAINING CLASSES AND THE COSTS OF THE CLASS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,347,319
Investment Income $63,699
Other Revenue $21,012
TOTAL REVENUE $3,432,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,028,568
Fundraising Expenses $0
Program Expenses $2,259,198
Other Expenses $1,377,429
TOTAL EXPENSES $2,405,997

Year-over-Year Comparison

2024 2023 Change
Revenue $3,432,030 $2,305,601 +0.5%
Expenses $2,405,997 $1,938,411 +0.2%
Net Income $1,026,033 $367,190 +1.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
11
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
3
$231,059
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON RHOADES CHAIRMAN 1.00
Officer Director
$0 $0 $0
MITCHELL SCHINZLER TRUSTEE 1.00
Director
$0 $0 $0
DENNY BANGERT TRUSTEE 1.00
Director
$0 $0 $0
CHRIS ARNOLD TRUSTEE 1.00
Director
$0 $0 $0
BARNEY FLATT SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT DUNN TRUSTEE 1.00
Director
$0 $0 $0
PATRICK MCCAHERTY TRAINING COORDINATOR 40.00
Officer
$0 $94,329 $231,059
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 $3,432,030 $2,405,997 $2,964,960 $1,026,033
2024 $2,305,601 $1,938,411 $1,915,521 $367,190
2023 $1,879,942 $2,191,100 $1,547,442 $-311,158
2022 $2,330,300 $1,999,076 $1,861,371 $331,224
2021 $1,686,187 $1,447,397 $1,528,938 $238,790
2020 $1,257,621 $1,301,926 $1,294,122 $-44,305
2019 $1,416,694 $1,454,688 $1,386,105 $-37,994
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