WESTERN WA OPERATING ENGINEERS EMPLOYERS TRAINING TRUST

EIN: 916134083 501(c)(3) Employment

ELLENSBURG, WA

Total Revenue
$8,154,417
Total Expenses
$7,687,484
Total Assets
$10,321,399
Net Assets
$9,758,297
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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
1972
Legal Domicile
WA
Principal Officer
Daren Konopaski
Phone
5099683203
Tax Period
2024-04-01 to 2025-03-31

WESTERN WA OPERATING ENGINEERS EMPLOYERS TRAINING TRUST, founded in 1972, is a community nonprofit in the Employment sector that reported $8.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $7.7M left a modest 6% surplus.

Mission

To train in furtherance of the craft and the industry thereby creating a workforce of skilled, productive, and safe operating engineers.

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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 (2024)

Revenue Breakdown

Contributions & Grants $37,057
Program Service Revenue $8,053,814
Investment Income $63,546
Other Revenue $0
TOTAL REVENUE $8,154,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,910,627
Fundraising Expenses $0
Program Expenses $5,447,047
Other Expenses $2,776,857
TOTAL EXPENSES $7,687,484

Year-over-Year Comparison

2024 2023 Change
Revenue $8,154,417 $7,370,120 +0.1%
Expenses $7,687,484 $7,766,570 0.0%
Net Income $466,933 $-396,450 -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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
31
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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Moore Mechanic 40.00
$193,254 $79,188 $272,442
Ole Fjellstad Admin Manager 40.00
$185,278 $71,203 $256,481
Rito Guzman Instructor 40.00
$155,326 $70,950 $226,276
Jerald Bennett Safety Coordinator 40.00
$150,312 $71,230 $221,542
Jay Knudtsen Instructor 40.00
$148,664 $64,617 $213,281
Daren Konopaski Chairman 2.00
Officer Director
$0 $0 $0
Kevin Tedrick Trustee 2.00
Director
$0 $0 $0
Andrew Ledbetter Secretary 2.00
Officer Director
$0 $0 $0
Dennis Ahl Trustee 2.00
Director
$0 $0 $0
Bill Grady Trustee 2.00
Director
$0 $0 $0
Torrey Johnson Trustee 2.00
Director
$0 $0 $0
Curt Koegen 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 $8,154,417 $7,687,484 $10,321,399 $466,933
2024 $7,370,120 $7,766,570 $9,845,009 $-396,450
2023 $7,092,675 $7,955,000 $10,379,112 $-862,325
2022 $7,194,257 $7,831,198 $10,682,686 $-636,941
2021 $6,865,385 $7,000,815 $11,455,164 $-135,430
2020 $6,515,705 $6,704,656 $11,562,502 $-188,951
2019 $5,927,240 $6,095,406 $9,864,315 $-168,166
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