INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL NO 501

EIN: 951751526

LOS ANGELES, CA

Total Revenue
$10,423,284
Total Expenses
$11,328,436
Total Assets
$4,937,243
Net Assets
$-446
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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
1953
Legal Domicile
CA
Principal Officer
EDWARD CURLY
Phone
2133851561
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL NO 501, founded in 1953, is a mid-sized nonprofit that reported $10.4M in total revenue in fiscal year 2023.

Mission

TO PROVIDE REPRESENTATION TO MEMBERS IN MATTERS RELATED TO EMPLOYMENT IN ACCORDANCE WITH THE COLLECTIVE BARGAINING AGREEMENT AND FAIR EMPLOYMENT STANDARDS.

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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 $0
Program Service Revenue $10,327,344
Investment Income $-16,963
Other Revenue $112,903
TOTAL REVENUE $10,423,284

Expense Breakdown

Grants Paid $56,152
Salaries & Benefits $6,323,058
Fundraising Expenses $0
Other Expenses $4,949,226
TOTAL EXPENSES $11,328,436

Year-over-Year Comparison

2023 2022 Change
Revenue $10,423,284 $10,304,649 +0.0%
Expenses $11,328,436 $10,252,877 +0.1%
Net Income $-905,152 $51,772 -18.5%
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
19
Independent Members
9
Employees
87
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
12
$647,867
Total Directors
19
$2,075,603
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward J Curly Business Mgr/Recording Cor 75.0
Officer Director
$184,715 $86,241 $270,956
Thomas O'Mahar President 40.0
Officer Director
$156,550 $72,808 $229,358
Michael Narez EB Member at Large 50.0
Director
$149,044 $72,143 $221,187
Deric Barnes EB Member at Large 40.0
Director
$148,406 $71,866 $220,272
Jose Soto EB Member at Large 50.0
Director
$148,220 $70,204 $218,424
Carolyne Akili Secretary 60.0
Highest
$143,344 $69,773 $213,117
GARETH GRANT ORGANIZER 40.0
Highest
$132,962 $65,642 $198,604
Diego Back BUSINESS REPRESENTATIVE 55.0
Highest
$126,409 $67,650 $194,059
thomas ewart business rEPRESENTATIVE 50.0
Director
$126,066 $67,783 $193,849
Jose Barba eb member at Large/conduct 60.0
Director
$125,540 $66,538 $192,078
mark fragoso eB Member at Large 40.0
Director
$125,214 $66,583 $191,797
Richard Lile EB member at Large 72.0
Director
$125,105 $65,024 $190,129
SEAN CURLY ORGANIZER 40.0
Highest
$122,379 $63,979 $186,358
Michael Silvia Business Representative 48.0
Highest
$122,111 $63,429 $185,540
Bryan Cortez Treasurer 20.0
Officer Director
$83,872 $26,626 $110,498
Rickey Cain Auditor 3.0
Officer Director
$4,887 $147 $5,034
Denise Vukojevich Trustee 3.0
Officer Director
$3,840 $622 $4,462
Todd Ullman Vice President/DIST.3 REPR 2.0
Officer Director
$3,840 $97 $3,937
Paul Warnstedt Trustee 3.0
Officer Director
$3,840 $97 $3,937
Steve Tveden Trustee 3.0
Officer Director
$3,840 $97 $3,937
Gregory DUENEZ Auditor 2.0
Officer Director
$3,840 $97 $3,937
Martin Cialese auditor 3.0
Officer Director
$3,840 $97 $3,937
arturo allen guard 3.0
Officer Director
$3,840 $97 $3,937
ryan trost conductor 1.0
Officer Director
$3,840 $97 $3,937
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 No data No data No data No data
2023 $10,423,284 $11,328,436 $4,937,243 $-905,152
2022 $10,304,649 $10,252,877 $987,346 $51,772
2021 $9,398,868 $10,675,885 $854,354 $-1,277,017
2020 $9,201,993 $9,077,331 $2,130,290 $124,662
2019 $9,556,886 $10,052,667 $1,996,804 $-495,781
2018 $10,056,968 $9,118,240 $2,491,390 $938,728
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