International Union of Operating Engineers Local 132 Health & Welfare Fd (EIN 550455491) - 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

1961

Legal Domicile

Principal Officer

Jerry Moore

Phone

3045250482

Tax Period

2023-07-01 to 2024-06-30

International Union of Operating Engineers Local 132 Health & Welfare Fd, founded in 1961, is a mid-sized nonprofit that reported $39.9M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Net assets of $136.7M represent 41 months of operating reserves.

Mission

Health Insurance Benefits for Union Members

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $36,302,570

Investment Income $3,126,433

Other Revenue $437,786

TOTAL REVENUE $39,866,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $313,918

Fundraising Expenses $0

Program Expenses $39,166,350

Other Expenses $803,254

TOTAL EXPENSES $40,066,447

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,866,789	$29,886,966	+0.3%
Expenses	$40,066,447	$38,876,110	+0.0%
Net Income	$-199,658	$-8,989,144	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Parker	Trustee	2.00	Director	$0	$0	$0
D W Daniel Jr	Trustee	2.00	Director	$0	$0	$0
John Farley	Trustee	2.00	Director	$0	$0	$0
Neil Huffman	Trustee	2.00	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	$39,866,789	$40,066,447	$138,340,273	$-199,658
2023	$29,886,966	$38,876,110	$130,592,369	$-8,989,144
2022	$30,582,616	$36,442,075	$135,124,150	$-5,859,459
2021	$29,988,848	$32,963,272	$147,786,632	$-2,974,424
2020	$33,759,629	$40,277,540	$135,727,762	$-6,517,911
2019	$57,724,163	$39,863,528	$138,329,605	$17,860,635
2018	$37,326,768	$28,881,981	$113,591,585	$8,444,787

International Union of Operating Engineers Local 132 Health & Welfare Fd