International Union of Operating Engineers Local 132

EIN: 550247535

Charleston, WV

Total Revenue
$7,963,474
Total Expenses
$5,569,186
Total Assets
$45,722,436
Net Assets
$45,722,436
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
WV
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 may earn a livelihood; to provide that every member shall receive just and fair remuneration for his services; promote harmonious relations with employers by exercising due diligence and care in the performance of duties.

Program Service Accomplishments

Program 1
Expenses: $4,689,904

Serving the construction industry of West Virginia by providing skilled workers in the field of operating heavy equipment which enhances the quality of work and a safer work environment.

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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 (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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
2
Employees
17
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
14
$2,143,600
Total Directors
14
$2,143,600
Key Employees
0
$0
Highest Compensated
0
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
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