INTL UNION OF OPERATING ENGINEERS LOCAL 612

EIN: 910268531

TACOMA, WA

Total Revenue
$4,027,638
Total Expenses
$3,168,580
Total Assets
$16,033,462
Net Assets
$16,018,561
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
WA
Principal Officer
Kevin Tedrick
Phone
2535729612
Tax Period
2023-01-01 to 2023-12-31

INTL UNION OF OPERATING ENGINEERS LOCAL 612, founded in 1935, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $859K, a strong 21% operating margin.

Mission

TO ELEVATE THE TRADE OF OPERATING ENGINEERS TO ITS PROPER POSITION IN ALL INDUSTRIAL ACTIVITIES AND THE RANKS OF ORGANIZED WORKERS; TO ENCOURAGE A HIGHER STANDARD OF SKILL AMOUNG ITS MEMBERS; TO ORGANIZE ALL PERSONS WORKING IN THER JURISDICTION OF THE UNION WITHOUT REGARD TO RACE, CREED, COLOR, SEX, RELIGION, AGE OR NATIONAL ORIGIN; TO PROMOTE HEALTH, WELFARE AND SAFETY OF ITS MEMBERS AND THEIR FAMILIES; TO FOSTER AND DEVELOP TRAINING PROGRAMS AND OTHER MEANS TO ADVANCE SKILLS; TO ASSIST EMPOYERS IN OBTAINING SKILLED WORKERS. TO SECURE AND IMPROVE WAGES, HOURS, AND WORKING CONDITIONS.

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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 $27,078
Program Service Revenue $3,467,901
Investment Income $507,411
Other Revenue $25,248
TOTAL REVENUE $4,027,638

Expense Breakdown

Grants Paid $50,153
Salaries & Benefits $1,558,950
Fundraising Expenses $0
Other Expenses $1,427,088
TOTAL EXPENSES $3,168,580

Year-over-Year Comparison

2023 2022 Change
Revenue $4,027,638 $4,319,762 -0.1%
Expenses $3,168,580 $3,264,160 0.0%
Net Income $859,058 $1,055,602 -0.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
7
Employees
14
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
5
$964,520
Total Directors
12
$969,301
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Tedrick FIN SECRE/Bs Mg 40.00
Officer Director
$136,259 $70,520 $206,779
Christina Hall Prsdnt/Trst/Rep 40.00
Officer Director
$123,459 $70,520 $193,979
Chad Campbell Rec Cor Sec/Rep 40.00
Officer Director
$121,537 $70,520 $192,057
TODD MICKELSON Pst FN SC/Bs Mg 40.00
Officer Director
$126,098 $59,866 $185,964
Jacob Dunthorn Vc Prs/Trst/Rep 40.00
Officer Director
$115,221 $70,520 $185,741
Nalu Kollars Dispatcher 40.00
$111,679 $70,158 $181,837
Jeffrey Englert Executive Board 2.00
Director
$2,024 $0 $2,024
Jennifer Wisner Treasurer 2.00
Director
$1,317 $0 $1,317
Sean Sloan Exec Bd/Auditor 2.00
Director
$576 $0 $576
Joel Kephart Exec Bd/Auditor 2.00
Director
$480 $0 $480
William Scarfe Executive Board 2.00
Director
$384 $0 $384
Jerry Wilson Sgt. of Arms 2.00
Director
$0 $0 $0
Justin Erickson 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 No data No data No data No data
2023 $4,027,638 $3,168,580 $16,033,462 $859,058
2022 $4,319,762 $3,264,160 $15,172,769 $1,055,602
2021 $4,791,172 $3,674,056 $14,110,820 $1,117,116
2020 $3,872,384 $3,195,044 $12,987,110 $677,340
2019 $4,326,475 $3,016,406 $12,311,897 $1,310,069
2018 $3,986,027 $2,837,561 $11,001,972 $1,148,466
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