INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 609

EIN: 911091101

AUBURN, WA

Total Revenue
$307,342
Total Expenses
$237,654
Total Assets
N/A
Net Assets
N/A
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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
1941
Legal Domicile
WA
Principal Officer
DEREK DONLEY
Phone
2064418544
Tax Period
2021-01-01 to 2021-06-30

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 609, founded in 1941, is a small nonprofit that reported $307K in total revenue in fiscal year 2021. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $70K, a strong 23% operating margin.

Mission

TO ORGANIZE ALL WORKERS, AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZING, NEGOTIATIONS AND 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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $307,336
Program Service Revenue $0
Investment Income $6
Other Revenue $0
TOTAL REVENUE $307,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,526
Fundraising Expenses $0
Other Expenses $225,128
TOTAL EXPENSES $237,654

Year-over-Year Comparison

2021 2020 Change
Revenue $307,342 $391,656 -0.2%
Expenses $237,654 $236,941 +0.0%
Net Income $69,688 $154,715 -0.5%
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
N/A
Independent Members
N/A
Employees
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK DONLEY IUOE SUPERVI 10.00
$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
2021 $307,342 $237,654 No data $69,688
2020 $391,656 $236,941 $406,265 $154,715
2019 $419,967 $354,385 $251,684 $65,582
2018 $404,965 $385,682 $186,237 $19,283
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