Is International Union Of Operating Engineers Local 14 14 B Legit?

The International Union Of Operating Engineers Local 14 14 B demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $5,595,943 against expenses of $6,679,543, indicating a slight deficit for that period. However, in prior years like 2021, revenue of $6,653,908 comfortably exceeded expenses of $6,118,600. The organization maintains substantial assets, reported at $46,054,692 in 2023, significantly outweighing its liabilities of $362,720, which suggests a strong financial foundation and good solvency. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that officers are compensated through other means not reported as direct compensation on the 990, which would warrant further investigation. Overall, the union appears financially stable with a healthy asset base and transparent executive compensation reporting.