INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL NO 3 (EIN 940577785) - 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

1939

Legal Domicile

Principal Officer

DAN REDING

Phone

5107484700

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL NO 3, founded in 1939, is a mid-sized nonprofit that reported $77.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $66.5M left a modest 14% surplus.

Mission

TO ORGANIZE WORKERS FOR THEIR ECONOMIC AND SOCIAL ADVANCEMENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $643,701

Program Service Revenue $69,023,393

Investment Income $4,006,021

Other Revenue $4,035,035

TOTAL REVENUE $77,708,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,839,649

Fundraising Expenses $0

Other Expenses $20,633,336

TOTAL EXPENSES $66,480,160

Year-over-Year Comparison

	2024	2023	Change
Revenue	$77,708,150	$71,409,503	+0.1%
Expenses	$66,480,160	$62,867,080	+0.1%
Net Income	$11,227,990	$8,542,423	+0.3%

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

N/A

Employees

212

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

$4,709,833

Total Directors

$2,577,390

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN REDING	BUSINESS MANAGER	48.0	Officer Director	$338,825	$76,129	$528,962
JUSTIN DISTON	PRESIDENT	48.0	Officer Director	$283,552	$76,129	$359,681
DAVE HARRISON	RECORDING SECRETARY	48.0	Officer Director	$277,554	$76,129	$353,683
NATE TUCKER	FINANCIAL SECRETARY	48.0	Officer Director	$276,911	$76,129	$353,040
BRUCE NOEL	VICE PRESIDENT	48.0	Officer Director	$274,273	$76,129	$350,402
JIM JACOBS	TREASURER	48.0	Officer Director	$267,987	$76,129	$344,116
GENING LIAO	IN-HOUSE COUNSEL	48.0	Highest	$238,811	$76,129	$314,940
YU-JU WU	CFO	48.0	Highest	$235,851	$76,129	$311,980
BRANDON DEW	TRUSTEE	48.0	Officer	$222,926	$76,129	$299,055
FARIBORZ ALIKHANI	chief information officer	48.0	Highest	$218,612	$76,129	$294,741
CHARLEY LAVERY	TRUSTEE	48.0	Officer	$216,004	$76,129	$292,133
JOHN RECTOR	TRUSTEE	48.0	Officer	$215,496	$76,129	$291,625
CHRIS SNYDER	CONDUCTOR	48.0	Officer	$213,926	$76,129	$290,055
DEAN FADEFF	AUDITOR	48.0	Officer	$208,772	$76,129	$284,901
ANA TUIASOSOPO	AUDITOR	48.0	Officer	$207,635	$75,877	$283,512
JEFF HUNERLACH	GUARD	48.0	Officer	$207,011	$76,129	$283,140
WYATT MEADOWS	AUDITOR	48.0	Officer	$205,611	$76,129	$281,740
TANISHA WILLIAMS	DIRECTOR OF HR	48.0	Highest	$203,320	$76,129	$279,449
TIMOTHY NEEP	DIRECTOR OF PUBLIC EMPLOYEES	48.0	Highest	$196,182	$76,129	$272,311
STEVE INGERSOLL	PRESIDENT (past)	48.0	Officer Director	$92,611	$21,177	$113,788
JAMIE HARVEST-SILVA	EXECUTIVE BOARD	2.0	Director	$15,533	$2,320	$17,853
CHRISTOPHER ROSAS	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
FRANK ROJAS	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
JUSTIN PENTZ	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
DANNY HENRY	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
FRANK FULLER	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
RONALD KULTTI	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
PATRICK BILLINGTON	EXECUTIVE BOARD	2.0	Director	$9,900	$2,530	$12,430
JAMES SPAIN	EXECUTIVE BOARD	2.0	Director	$9,900	$2,320	$12,220
KYLE ALGER	EXECUTIVE BOARD	2.0	Director	$9,900	$2,320	$12,220
STEPHEN NICHOLS	EXECUTIVE BOARD	2.0	Director	$9,200	$2,320	$11,520
BRYAN DORTON	EXECUTIVE BOARD	2.0	Director	$8,950	$2,317	$11,267
MARIO GIOVANNETTI	EXECUTIVE BOARD	2.0	Director	$7,300	$1,899	$9,199
WYATT SWINNEY	EXECUTIVE BOARD	2.0	Director	$6,400	$1,275	$7,675
JERRY SEIFF	EXECUTIVE BOARD (PAST)	2.0	Director	$3,500	$1,254	$4,754

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
2024	$77,708,150	$66,480,160	$126,339,736	$11,227,990
2023	$71,409,503	$62,867,080	$115,522,257	$8,542,423
2022	$69,338,252	$58,770,982	$107,689,391	$10,567,270
2021	$67,758,955	$55,890,854	$96,789,606	$11,868,101
2020	$62,188,532	$55,243,376	$84,871,615	$6,945,156
2019	$61,960,055	$59,369,480	$78,082,514	$2,590,575
2018	$60,305,243	$55,326,970	$75,177,609	$4,978,273

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL NO 3