International Union of Operating Engineers Local 406 Hoisting & Por
501(c)(5)
Only null% goes to programs Strong reserves Growing revenue
International Union of Operating Engineers Local 406 Hoisting & Por is a 501(c)(5) organization based in Metairie, Louisiana, registered in 1956, with $2,765,427 in FY2024 revenue. CharityIndex grades it B.
3525 N Causeway Blvd Ste 406, Metairie, LA, 70002 EIN 72-0220017 Since 1956
Revenue (FY2024)
$2.8M
▲ 10.5% vs prior year
Expenses (FY2024)
$2.5M
Net assets
$6.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Engineers Local 406 Hoisting & Por— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +11% 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 Engineers Local 406 Hoisting & Por: 31 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for International Union of Operating Engineers Local 406 Hoisting & Por— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Engineers Local 406 Hoisting & Por: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.2M (FY2013) to $2.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10KNet assets $6.3M
Operating margin
10.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.3M
Total liabilities
$10K
Net assets
$6.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,765,427▲10.5% | $2,465,238▼1.4% | $6,281,091▲5.0% | $6,291,097▲5.0% | 990 |
| 2023 | $2,502,738▼19.7% | $2,501,434▼10.2% | $5,980,902 | $5,991,568▲0.2% | 990 |
| 2022 | $3,118,409▲47.3% | $2,785,533▲6.9% | $5,979,598▲5.9% | $5,980,947▲5.8% | 990 |
| 2021 | $2,117,570▼1.5% | $2,606,309▼1.9% | $5,646,722▼8.0% | $5,655,608▼8.0% | 990 |
| 2020 | $2,150,223▼7.4% | $2,656,123▲0.1% | $6,135,460▼7.6% | $6,148,511▼7.7% | 990 |
| 2019 | $2,321,689▲7.9% | $2,652,435▲2.2% | $6,641,360▼4.7% | $6,659,398▼5.2% | 990 |
| 2018 | $2,151,038▼10.0% | $2,594,692▲19.5% | $6,972,106▼6.0% | $7,021,741▼5.9% | 990 |
| 2017 | $2,390,860▲12.4% | $2,170,760▼8.9% | $7,415,760▲3.1% | $7,464,112▲2.9% | 990 |
| 2016 | $2,127,884▼2.2% | $2,382,479▲11.5% | $7,195,660▼3.4% | $7,251,391▼5.3% | 990 |
| 2015 | $2,175,698▼2.2% | $2,137,498▼8.7% | $7,450,255▲0.5% | $7,660,201▲2.6% | 990 |
| 2014 | $2,225,282▲1.1% | $2,340,209▲0.3% | $7,412,055▼1.5% | $7,464,138▼1.5% | 990 |
| 2013 | $2,201,312 | $2,332,343▼6.3% | $7,526,982▼1.7% | $7,576,895▼1.6% | 990 |
| 2012 | — | $2,490,104 | $7,658,013 | $7,701,033 | 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.
Frequently asked questions
- Is International Union of Operating Engineers Local 406 Hoisting & Por a legitimate nonprofit?
- Yes. International Union of Operating Engineers Local 406 Hoisting & Por is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 72-0220017, based in Metairie, Louisiana.
- What is International Union of Operating Engineers Local 406 Hoisting & Por's EIN?
- International Union of Operating Engineers Local 406 Hoisting & Por's Employer Identification Number (EIN) is 72-0220017.
- How much revenue does International Union of Operating Engineers Local 406 Hoisting & Por report?
- International Union of Operating Engineers Local 406 Hoisting & Por reported $2,765,427 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does International Union of Operating Engineers Local 406 Hoisting & Por have?
- CharityIndex grades International Union of Operating Engineers Local 406 Hoisting & Por B, based on financial health (reserves and operating margin).
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Data for International Union of Operating Engineers Local 406 Hoisting & Por (EIN 72-0220017) 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.