International Union of Operating Engineers Local 465 Afl-cio is a 501(c)(5) organization based in Durham, North Carolina, registered in 1970, with $2,462,222 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.5M
▲ 8.4% vs prior year
Expenses (FY2023)
$1.3M
Net assets
$4.3M
Employees
—
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 →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 465 Afl-cio— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 465 Afl-cio: 39 mo reserves · +47% margin earns a A on this criterion. See the exact thresholds →
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 465 Afl-cio— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 465 Afl-cio: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $475K (FY2013) to $2.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
46.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$52K
Net assets
$4.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,462,222▲8.4% | $1,315,486▲24.2% | $4,325,760▲36.1% | $4,377,262▲36.5% | 990 |
| 2022 | $2,270,888▲147% | $1,059,536▲14.7% | $3,179,024▲60.6% | $3,207,026▲59.4% | 990 |
| 2021 | $917,819▼15.9% | $923,939▲9.0% | $1,978,939▼0.3% | $2,012,095▼2.5% | 990 |
| 2020 | $1,091,112▼16.4% | $847,368▼0.5% | $1,985,051▲14.0% | $2,064,070▲16.7% | 990 |
| 2019 | $1,304,999▲19.7% | $851,418▲10.9% | $1,741,307▲35.2% | $1,769,414▲34.6% | 990 |
| 2018 | $1,090,060▲5.1% | $767,574▲8.6% | $1,287,726▲33.4% | $1,315,050▲32.7% | 990 |
| 2017 | $1,037,549▲27.2% | $706,663▼0.2% | $965,240▲52.2% | $991,295▲50.1% | 990 |
| 2016 | $815,383▼4.7% | $708,398▲4.4% | $634,354▲20.3% | $660,412▲19.5% | 990 |
| 2015 | $855,657▲48.2% | $678,472▲15.4% | $527,369▲50.6% | $552,493▲47.6% | 990 |
| 2014 | $577,298▲21.6% | $587,703▲25.3% | $350,184▼2.9% | $374,245▼9.4% | 990 |
| 2013 | $474,829 | $469,126▲39.2% | $360,589▲1.6% | $413,065▲10.2% | 990 |
| 2012 | — | $337,096▲7.0% | $354,886▲21.6% | $374,815▲20.8% | 990 |
| 2011 | — | $315,176▲35.2% | $291,967▲90.2% | $310,355▲81.7% | 990 |
| 2010 | — | $233,131 | $153,499 | $170,822 | 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.
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Data for International Union of Operating Engineers Local 465 Afl-cio (EIN 56-0961306) 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.