International Union of Operating
501(c)(9)
Only null% goes to programs Strong reserves
International Union of Operating is a 501(c)(9) organization based in Oak Brook, Illinois, registered in 1972, with $63,426,073 in FY2024 revenue. CharityIndex grades it A.
2625 Butterfield Rd Ste 208e, Oak Brook, IL, 60523 EIN 23-7134462 Since 1972
Revenue (FY2024)
$63.4M
▼ 0.1% vs prior year
Expenses (FY2024)
$45.8M
Net assets
$440.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for International Union of Operating— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating115 mo reserves · +28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For International Union of Operating: 115 mo reserves · +28% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For International Union of Operating: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For International Union of Operating: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide health and welfare benefits to eligible employees of the employers obligated to contribute to the fund under collective bargaining agreements with the international union of operating engineers.
Contact & location
Financial trends
Revenue held steady from $63.2M (FY2013) to $63.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.3MNet assets $440.0M
Operating margin
27.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$444.3M
Total liabilities
$4.3M
Net assets
$440.0M
Salaries & benefits
$0
0% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $63,426,073▼0.1% | $45,842,523▲5.2% | $439,988,080▲7.0% | $444,250,483▲6.1% | 990 |
| 2023 | $63,460,922▲51.9% | $43,597,015▲20.7% | $411,174,071▲12.8% | $418,716,364▲13.7% | 990 |
| 2022 | $41,771,362▼34.3% | $36,116,046▼24.6% | $364,442,459▼12.6% | $368,230,239▼12.6% | 990 |
| 2021 | $63,563,737▲20.8% | $47,894,091▲7.5% | $416,992,180▲7.3% | $421,537,439▲7.3% | 990 |
| 2020 | $52,625,047▼19.1% | $44,553,638▼14.2% | $388,590,688▲8.1% | $392,790,899▲7.6% | 990 |
| 2019 | $65,071,987▼30.5% | $51,901,187▲4.7% | $359,545,117▲13.5% | $364,911,152▲11.2% | 990 |
| 2018 | $93,667,483▼0.2% | $49,582,535▲6.8% | $316,820,254▲7.3% | $328,045,549▲7.0% | 990 |
| 2017 | $93,862,936▲63.8% | $46,438,543▲25.3% | $295,293,280▲26.2% | $306,495,686▲26.6% | 990 |
| 2016 | $57,291,581▲9.6% | $37,055,458▼16.1% | $233,970,857▲12.8% | $242,027,360▲12.6% | 990 |
| 2015 | $52,267,526▼7.8% | $44,182,689▲7.4% | $207,441,177▼0.9% | $215,029,483▼3.4% | 990 |
| 2014 | $56,660,756▼10.3% | $41,150,572▲27.2% | $209,366,308▲7.2% | $222,570,400▲6.9% | 990 |
| 2013 | $63,163,724 | $32,348,877 | $195,341,837 | $208,195,450 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bryan Abel | Trustee | 1 | — |
| James Callahan | Trustee | 1 | — |
| Jeff Knapp | Trustee | 1 | — |
| Jimmmy L Crotts | Trustee | 1 | — |
| Paul Mccormick | Trustee | 1 | — |
| Robert Bendure | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Carefirst | Claims Processing | $1,434,200 |
| Zenith Administrators Inc | Fund Administration | $555,580 |
| Wageworks | Claims Processing | $243,089 |
| Northern Trust Corporation | Investment Custodian Services | $149,493 |
| Sage Advisory | Investment Advisory Services | $128,600 |
Frequently asked questions
- Is International Union of Operating a legitimate nonprofit?
- Yes. International Union of Operating is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 23-7134462, based in Oak Brook, Illinois.
- What is International Union of Operating's EIN?
- International Union of Operating's Employer Identification Number (EIN) is 23-7134462.
- How much revenue does International Union of Operating report?
- International Union of Operating reported $63,426,073 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does International Union of Operating have?
- CharityIndex grades International Union of Operating A, based on financial health (reserves and operating margin).
- How much does International Union of Operating's highest-paid employee make?
- The highest reported compensation on International Union of Operating's latest Form 990 is $0, paid to Bryan Abel (Trustee).
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Data for International Union of Operating (EIN 23-7134462) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.