Is International Union Of Operating Engineers Welfare Fund Legit?

Quick charity verification for International Union Of Operating Engineers Welfare Fund (EIN: 136694320)

Verdict: International Union Of Operating Engineers Welfare Fund appears trustworthy

85/100Mission Score
$145.8MRevenue
$132.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The International Union Of Operating Engineers Welfare Fund demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating a stable financial position. For instance, in 2023, revenue was $123,767,101 against expenses of $107,062,765, resulting in a surplus. The organization's assets have also shown a steady increase over the past decade, reaching $108,984,949 in 2023, suggesting prudent management of its financial resources. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency regarding executive pay.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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