International Union of Operating Engineers Local 132 (EIN 550247535) - 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

1937

Legal Domicile

Principal Officer

Charles Parker

Phone

3043437731

Tax Period

2023-01-01 to 2023-12-31

International Union of Operating Engineers Local 132, founded in 1937, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 30% operating margin.

Mission

To unite the members of the Local by regulating themselves and the affairs of the local so they can earn a livelihood; to provide that every member shall recieve a just and fair remuneration for his/her services; and promote harmonious relations with employers through collective bargaining.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,772,360

Investment Income $1,128,914

Other Revenue $62,200

TOTAL REVENUE $7,963,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,166,525

Fundraising Expenses $0

Program Expenses $4,689,904

Other Expenses $2,352,161

TOTAL EXPENSES $5,569,186

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,963,474	$6,165,589	+0.3%
Expenses	$5,569,186	$5,426,356	+0.0%
Net Income	$2,394,288	$739,233	+2.2%

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

$2,143,600

Total Directors

$2,143,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Parker	Business Mgr	40.00	Officer Director	$162,200	$62,972	$225,172
William Huffman	President	40.00	Officer Director	$148,892	$62,972	$211,864
Steven R McDiffit	Record Secret.	40.00	Officer Director	$132,121	$62,972	$195,093
Linda Hamilton	Conductor	40.00	Officer Director	$111,313	$62,972	$174,285
Chistopher Summerfield	Trustee	1.00	Officer Director	$0	$0	$0
Eran Molz	Trustee	40.00	Officer Director	$131,667	$62,972	$194,639
Charles A McClung	Treasurer	40.00	Officer Director	$131,597	$62,972	$194,569
Robert P Merritt	Auditor	40.00	Officer Director	$126,732	$62,972	$189,704
Rodney Gheen	Auditor	1.00	Officer Director	$0	$0	$0
David T Mullins	Guard	40.00	Officer Director	$111,470	$62,972	$174,442
John Dean	Financial Secretary	40.00	Officer Director	$131,689	$62,972	$194,661
Kenneth S Strickler	Auditor	40.00	Officer Director	$131,687	$62,972	$194,659
Brian N Board	Vice President	1.00	Officer Director	$0	$0	$0
Randy R Triplett	Trustee	40.00	Officer Director	$131,540	$62,972	$194,512

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	No data	No data	No data	No data
2023	$7,963,474	$5,569,186	$45,722,436	$2,394,288
2022	$6,165,589	$5,426,356	$43,342,457	$739,233
2021	$6,397,153	$5,318,651	$42,620,852	$1,078,502
2020	$6,816,129	$5,954,926	$41,542,350	$861,203
2019	$16,699,735	$6,021,010	$40,681,147	$10,678,725
2018	$19,858,872	$4,953,542	$30,002,422	$14,905,330

International Union of Operating Engineers Local 132