International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D

Operating Engineers Local 15 shows consistent revenue growth and asset accumulation, with recent increase in liabilities.

EIN: 135159024 · Long Is City, NY · Updated: 2026-03-28

$57.5MRevenue

$100.3MAssets

75/100Mission Score (Good)

About International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D

International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D (EIN: 135159024) is a nonprofit organization based in Long Is City, NY. The organization reported total revenue of $57.5M and total assets of $100.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D demonstrates a generally stable financial position with consistent revenue growth over the past decade. In the latest reported period (202312), the organization generated $25,631,489 in revenue against $19,847,744 in expenses, indicating a healthy surplus. Assets have also shown significant growth, increasing from $20,500,916 in 2014 to $88,276,140 in 2023, reflecting strong financial management and accumulation of resources. However, the liabilities in 2023 ($77,359) and 2022 ($82,383) are notable compared to previous years where liabilities were often reported as zero, which warrants further investigation into their nature and impact on the organization's financial flexibility.

Spending efficiency appears reasonable, with expenses consistently lower than revenue, allowing for asset accumulation. The consistent reporting of 0% officer compensation across all available filings suggests that the organization's leadership is not directly compensated through this mechanism, which could be a positive indicator of resource allocation towards its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code being unknown also limits the ability to benchmark against similar organizations.

Transparency regarding executive compensation is high, with zero reported officer compensation. However, the lack of detailed expense categorization in the provided data makes it difficult to fully assess the allocation of funds to programs versus administrative or fundraising activities. The significant increase in liabilities in recent years, after many years of reporting zero, could be a point of concern for transparency if not adequately explained in public filings. Overall, the organization appears financially sound, but more granular expense data would enhance the assessment of its operational efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated through the mechanisms captured in this specific reporting field. This suggests a potential dedication of resources directly to the organization's activities rather than high executive salaries, especially given the organization's substantial revenue and asset base.

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 Local 15 15 A 15 B 15 C 15 D's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Significant increase in reported liabilities in 2022 and 2023 after years of reporting zero, without further explanation
NTEE code is unknown, hindering peer comparison

Strengths

The following positive indicators were identified for International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D:

Consistent revenue growth over the past decade, from $13,759,247 in 2014 to $25,631,489 in 2023
Strong asset accumulation, growing from $20,500,916 in 2014 to $88,276,140 in 2023
Expenses consistently lower than revenue, indicating financial stability and surplus generation
Reported 0% officer compensation across all filings, suggesting efficient use of funds for mission-related activities

Frequently Asked Questions about International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D

What caused the significant increase in liabilities in 2022 and 2023?

In 2022, liabilities were $82,383, and in 2023, they were $77,359, a notable change from previous years where liabilities were often reported as $0. The specific nature of these liabilities is not detailed in the provided data and would require reviewing the full IRS Form 990.

How does the organization allocate its expenses between program services, administration, and fundraising?

The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and would be found in Part IX of the IRS Form 990.

What is the NTEE code for this organization, and how does it compare to similar entities?

The NTEE code for this organization is listed as 'Unknown' in the provided data. Identifying the NTEE code would allow for benchmarking its financial performance and operational efficiency against peer organizations in the same sector.

Filing History

IRS 990 filing history for International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D's revenue has grown by 118.3%, moving from $11.7M to $25.6M. Total assets increased by 368% over the same period, from $18.9M to $88.3M. Total functional expenses rose by 128.9%, from $8.7M to $19.8M. In its most recent filing year (2023), International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D reported a surplus of $5.8M, with revenue exceeding expenses. The organization holds $77K in liabilities against $88.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $88.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$25.6M	$19.8M	$88.3M	$77K	—	—
2022	$22.8M	$14.1M	$79.2M	$82K	—	View 990
2021	$23.9M	$12.0M	$74.6M	$0	—	View 990
2020	$20.2M	$13.7M	$61.1M	$0	—	—
2019	$22.9M	$16.8M	$52.7M	$0	—	View 990
2018	$21.3M	$13.0M	$45.0M	$0	—	View 990
2017	$18.9M	$12.4M	$37.8M	$0	—	View 990
2016	$17.3M	$11.9M	$31.2M	$0	—	View 990
2015	$16.3M	$10.9M	$25.9M	$68K	—	View 990
2014	$13.8M	$13.2M	$20.5M	$7K	—	View 990
2013	$12.7M	$10.1M	$24.8M	$4.8M	—	View 990
2012	$12.3M	$8.8M	$22.2M	$4.9M	—	View 990
2011	$11.7M	$8.7M	$18.9M	$5.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $25.6M, expenses of $19.8M, and assets of $88.3M (revenue +12.4% year-over-year).
2022: Revenue of $22.8M, expenses of $14.1M, and assets of $79.2M (revenue -4.8% year-over-year).
2021: Revenue of $23.9M, expenses of $12.0M, and assets of $74.6M (revenue +18.4% year-over-year).
2020: Revenue of $20.2M, expenses of $13.7M, and assets of $61.1M (revenue -11.8% year-over-year).
2019: Revenue of $22.9M, expenses of $16.8M, and assets of $52.7M (revenue +7.5% year-over-year).
2018: Revenue of $21.3M, expenses of $13.0M, and assets of $45.0M (revenue +12.8% year-over-year).
2017: Revenue of $18.9M, expenses of $12.4M, and assets of $37.8M (revenue +9.5% year-over-year).
2016: Revenue of $17.3M, expenses of $11.9M, and assets of $31.2M (revenue +6.1% year-over-year).
2015: Revenue of $16.3M, expenses of $10.9M, and assets of $25.9M (revenue +18.2% year-over-year).
2014: Revenue of $13.8M, expenses of $13.2M, and assets of $20.5M (revenue +8.3% year-over-year).
2013: Revenue of $12.7M, expenses of $10.1M, and assets of $24.8M (revenue +3.2% year-over-year).
2012: Revenue of $12.3M, expenses of $8.8M, and assets of $22.2M (revenue +4.8% year-over-year).
2011: Revenue of $11.7M, expenses of $8.7M, and assets of $18.9M.

Data Sources and Methodology

This transparency report for International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D 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.