Mid Central Operating Engineers Health & Welfare Fund
501(c)(9)
100% goes to programs Strong reserves Growing revenue
Mid Central Operating Engineers Health & Welfare Fund is a 501(c)(9) organization based in Terre Haute, Indiana, registered in 1954, with $153,441,974 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
Po Box 9605, Terre Haute, IN, 47808 EIN 35-0917610 Since 1954
Revenue (FY2024)
$153.4M
▲ 7.1% vs prior year
Expenses (FY2024)
$127.5M
Net assets
$248.7M
Employees
88
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs
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. For Mid Central Operating Engineers Health & Welfare Fund: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +17% 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 Mid Central Operating Engineers Health & Welfare Fund: 23 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Mid Central Operating Engineers Health & Welfare Fund: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Mid Central Operating Engineers Health & Welfare Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health and welfare benefits to members.
Contact & location
- Address
- Po Box 9605, Terre Haute, IN, 47808
- City
- Terre Haute
- State
- Indiana
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $66.2M (FY2013) to $153.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.4MNet assets $248.7M
Operating margin
16.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$252.1M
Total liabilities
$3.4M
Net assets
$248.7M
Salaries & benefits
$1.7M
1% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $153,441,974▲7.1% | $127,465,023▲6.7% | $248,696,461▲14.9% | $252,058,582▲14.9% | 990 |
| 2023 | $143,296,418▲7.5% | $119,490,420▲7.6% | $216,354,154▲16.7% | $219,343,729▲16.3% | 990 |
| 2022 | $133,276,177▲10.2% | $111,031,505 | $185,436,060▲15.0% | $188,569,151▲14.8% | 990 |
| 2021 | $120,915,120▲11.7% | $111,025,932▲8.8% | $161,266,798▲3.8% | $164,227,966▲4.3% | 990 |
| 2020 | $108,226,847▲2.6% | $102,082,883▲15.3% | $155,320,207▲9.6% | $157,470,959▲9.2% | 990 |
| 2019 | $105,447,240▲15.6% | $88,514,933▲7.0% | $141,661,635▲15.3% | $144,187,273▲15.6% | 990 |
| 2018 | $91,244,859▲8.0% | $82,711,103▲4.1% | $122,887,104▲10.4% | $124,726,988▲10.4% | 990 |
| 2017 | $84,482,304▲7.3% | $79,476,649▲1.5% | $111,355,459▲6.9% | $113,005,510▲7.8% | 990 |
| 2016 | $78,757,916▲3.1% | $78,266,336▲7.8% | $104,196,026▲3.2% | $104,859,427▲3.3% | 990 |
| 2015 | $76,410,417▲5.4% | $72,600,594▲7.6% | $100,927,467▲5.1% | $101,490,496▲4.9% | 990 |
| 2014 | $72,495,651▲9.5% | $67,452,958▲13.0% | $96,062,684▲6.6% | $96,745,483▲6.6% | 990 |
| 2013 | $66,176,854 | $59,696,983▲8.2% | $90,090,357▲10.3% | $90,776,251▲10.3% | 990 |
| 2012 | — | $55,188,570▲3.2% | $81,686,171▲8.0% | $82,315,663▲8.1% | 990 |
| 2011 | — | $53,454,674▲9.1% | $75,628,989▲11.7% | $76,141,730▲11.5% | 990 |
| 2010 | — | $48,982,270 | $67,717,249 | $68,304,228 | 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)
Highest-paid: Cheryl Cottrell — $129,845 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Cheryl Cottrell | Executive Admin | 40 | $129,845 |
| Brian Gilham | Trustee | 2 | — |
| Darren Smith | Trustee | 2 | — |
| Holly Adams | Sec/treas | 2 | — |
| James Bruner | Asst. Sec/treas | 2 | — |
| Jay Elders | Chairman | 2 | — |
| Robert Rood | Trustee | 2 | — |
| Steve Crider | Trustee | 2 | — |
| Steve Scott | Vice Chairman | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Optumrx | Rx Benefit Mgt. | $23,717,590 |
| Anthem Insurance Company | Ppo | $3,030,301 |
| Proctor Hospital | Inpatient Services | $623,416 |
| Pekin Memorial Hospital | Inpatient Services | $106,030 |
Frequently asked questions
- Is Mid Central Operating Engineers Health & Welfare Fund a legitimate nonprofit?
- Yes. Mid Central Operating Engineers Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 35-0917610, based in Terre Haute, Indiana.
- What is Mid Central Operating Engineers Health & Welfare Fund's EIN?
- Mid Central Operating Engineers Health & Welfare Fund's Employer Identification Number (EIN) is 35-0917610.
- How much revenue does Mid Central Operating Engineers Health & Welfare Fund report?
- Mid Central Operating Engineers Health & Welfare Fund reported $153,441,974 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mid Central Operating Engineers Health & Welfare Fund's spending goes to programs?
- Mid Central Operating Engineers Health & Welfare Fund spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mid Central Operating Engineers Health & Welfare Fund have?
- CharityIndex grades Mid Central Operating Engineers Health & Welfare Fund A, based on program efficiency and fundraising cost.
- How much does Mid Central Operating Engineers Health & Welfare Fund's highest-paid employee make?
- The highest reported compensation on Mid Central Operating Engineers Health & Welfare Fund's latest Form 990 is $129,845, paid to Cheryl Cottrell (Executive Admin).
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Data for Mid Central Operating Engineers Health & Welfare Fund (EIN 35-0917610) 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.