INTERNATIONAL UNION OF OPERATING E… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

NEGOTIATED CONTRACTS TO OBTAIN BETTER WAGES, BENEFITS, AND WORKING CONDITIONS, HEARD AND SETTLED GRIEVANCES, AND REPRESENTED MEMBERS WITH VARIOUS EMPLOYERS.

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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 (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

Governance

Voting Members

N/A

Independent Members

N/A

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
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

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 609