International Union Of Operating Engineers 68 68 A 68 B

International Union Of Operating Engineers 68 68 A 68 B consistently generates revenue surpluses and has zero reported officer compensation.

EIN: 221010975 · West Caldwell, NJ · Updated: 2026-03-28

$27.6MRevenue

$56.5MAssets

85/100Mission Score (Excellent)

About International Union Of Operating Engineers 68 68 A 68 B

International Union Of Operating Engineers 68 68 A 68 B (EIN: 221010975) is a nonprofit organization based in West Caldwell, NJ. The organization reported total revenue of $27.6M and total assets of $56.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Union Of Operating Engineers 68 68 A 68 B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

International Union Of Operating Engineers 68 68 A 68 B demonstrates consistent financial health with a strong asset base and positive net income over the past decade. For instance, in 2023, the organization reported revenues of $9,661,000 against expenses of $7,600,069, contributing to an increase in assets to $50,063,742. This trend of revenue exceeding expenses is consistent across all reported periods, indicating sound financial management and sustainability. The organization's assets have grown significantly from $26,325,130 in 2014 to $50,063,742 in 2023, while liabilities remain very low, suggesting a robust financial position.

Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess the allocation of funds. However, the consistent surplus of revenue over expenses suggests that the organization is managing its operational costs effectively relative to its income. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led or differently compensated leadership model.

Transparency appears to be high given the consistent filing of IRS Form 990s over many years. The lack of reported officer compensation could be interpreted in various ways; it might indicate that officers are compensated through other means not captured in this specific line item, or that the organization truly operates with unpaid leadership, which would be a significant strength in terms of resource allocation. Further detail on functional expenses would enhance the understanding of its spending efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Union Of Operating Engineers 68 68 A 68 B with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, International Union Of Operating Engineers 68 68 A 68 B allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues consistently in the multi-millions. This suggests either a fully volunteer-led executive team or that executive compensation is reported under different expense categories, warranting further investigation for complete transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of International Union Of Operating Engineers 68 68 A 68 B's IRS 990 filings:

0% reported officer compensation for a multi-million dollar organization, which may obscure actual leadership costs.
NTEE code is unknown, making it difficult to benchmark against similar organizations.

Strengths

The following positive indicators were identified for International Union Of Operating Engineers 68 68 A 68 B:

Consistent revenue surpluses, indicating strong financial management and sustainability.
Significant growth in assets from $26.3 million in 2014 to $50.1 million in 2023, demonstrating financial stability.
Very low liabilities relative to assets, indicating a healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.

Frequently Asked Questions about International Union Of Operating Engineers 68 68 A 68 B

How does International Union Of Operating Engineers 68 68 A 68 B manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size and revenue. It suggests either a fully volunteer-led executive structure or that compensation for leadership is categorized under other expense lines, which would require a deeper dive into their detailed financial statements to understand fully.

What are the primary drivers of the organization's consistent revenue surpluses?

The organization consistently generates more revenue than expenses, with surpluses ranging from approximately $1.5 million to $4.6 million annually over the last decade. This indicates effective revenue generation, likely from membership dues, investments, or other income streams, coupled with controlled spending.

What is the organization's NTEE code and how does it relate to its mission?

The NTEE code for this organization is currently unknown. Understanding its NTEE code would provide insight into its primary mission area (e.g., labor unions, professional associations) and allow for better comparison with peer organizations regarding financial metrics and program effectiveness.

Filing History

IRS 990 filing history for International Union Of Operating Engineers 68 68 A 68 B showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2023), International Union Of Operating Engineers 68 68 A 68 B's revenue has grown by 38.5%, moving from $7.0M to $9.7M. Total assets increased by 207% over the same period, from $16.3M to $50.1M. Total functional expenses rose by 31%, from $5.8M to $7.6M. In its most recent filing year (2023), International Union Of Operating Engineers 68 68 A 68 B reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $186K in liabilities against $50.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $49.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$9.7M	$7.6M	$50.1M	$186K	—	—
2022	$9.3M	$7.2M	$44.0M	$114K	—	View 990
2021	$12.6M	$7.9M	$47.9M	$136K	—	View 990
2020	$9.2M	$7.4M	$40.9M	$166K	—	View 990
2019	$9.2M	$7.7M	$37.6M	$137K	—	View 990
2018	$9.0M	$7.6M	$31.7M	$129K	—	View 990
2017	$9.1M	$7.2M	$32.9M	$111K	—	View 990
2016	$8.2M	$6.7M	$29.7M	$128K	—	View 990
2015	$8.5M	$6.4M	$27.2M	$104K	—	View 990
2014	$8.2M	$6.4M	$26.3M	$94K	—	View 990
2012	$7.6M	$5.8M	$20.6M	$80K	—	View 990
2011	$7.4M	$5.6M	$18.0M	$77K	—	View 990
2010	$7.0M	$5.8M	$16.3M	$77K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $9.7M, expenses of $7.6M, and assets of $50.1M (revenue +4.1% year-over-year).
2022: Revenue of $9.3M, expenses of $7.2M, and assets of $44.0M (revenue -26.1% year-over-year).
2021: Revenue of $12.6M, expenses of $7.9M, and assets of $47.9M (revenue +36.5% year-over-year).
2020: Revenue of $9.2M, expenses of $7.4M, and assets of $40.9M (revenue +0.0% year-over-year).
2019: Revenue of $9.2M, expenses of $7.7M, and assets of $37.6M (revenue +1.7% year-over-year).
2018: Revenue of $9.0M, expenses of $7.6M, and assets of $31.7M (revenue -1.0% year-over-year).
2017: Revenue of $9.1M, expenses of $7.2M, and assets of $32.9M (revenue +11.3% year-over-year).
2016: Revenue of $8.2M, expenses of $6.7M, and assets of $29.7M (revenue -3.7% year-over-year).
2015: Revenue of $8.5M, expenses of $6.4M, and assets of $27.2M (revenue +3.8% year-over-year).
2014: Revenue of $8.2M, expenses of $6.4M, and assets of $26.3M (revenue +7.6% year-over-year).
2012: Revenue of $7.6M, expenses of $5.8M, and assets of $20.6M (revenue +3.7% year-over-year).
2011: Revenue of $7.4M, expenses of $5.6M, and assets of $18.0M (revenue +5.5% year-over-year).
2010: Revenue of $7.0M, expenses of $5.8M, and assets of $16.3M.

Data Sources and Methodology

This transparency report for International Union Of Operating Engineers 68 68 A 68 B is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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