International Union Of Operating Engineers Local 17
International Union Of Operating Engineers Local 17 shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 160493140 · Lake View, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.0M |
| Total Expenses | $3.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $12.1M |
| Transparency Score | 95/100 |
Is International Union Of Operating Engineers Local 17 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Union Of Operating Engineers Local 17 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Union Of Operating Engineers Local 17
International Union Of Operating Engineers Local 17 (EIN: 160493140) is a nonprofit organization based in Lake View, NY. The organization reported total revenue of $15.0M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Union Of Operating Engineers Local 17's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Union Of Operating Engineers Local 17 is a large nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$860K |
| Total Assets | $12.1M |
| Total Liabilities | $66K |
| Net Assets | $12.1M |
| Operating Margin | 19.4% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 40.7 months |
Financial Health Grade: A
In 2023, International Union Of Operating Engineers Local 17 reported a surplus of $860K with revenue exceeding expenses, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Union Of Operating Engineers Local 17's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +1.3% | +10.7% |
| 2022 | +4.8% | +5.1% | +4.8% |
| 2021 | +28.0% | -17.8% | +8.9% |
| 2020 | -6.8% | +26.7% | -8.0% |
| 2019 | +8.1% | +15.5% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Union Of Operating Engineers Local 17 with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, International Union Of Operating Engineers Local 17 allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $860K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with annual revenues exceeding $4 million and suggests a strong commitment to directing funds towards its primary activities.
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 17's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to categorize and compare with similar organizations.
Strengths
The following positive indicators were identified for International Union Of Operating Engineers Local 17:
- Consistent revenue growth, increasing from $2.97M in 2014 to $4.44M in 2023.
- Strong asset growth, from $7.24M in 2014 to $12.14M in 2023.
- Consistent operating surplus, with revenue exceeding expenses in most years (e.g., $860,432 surplus in 2023).
- Zero reported officer compensation across all filings, indicating high transparency and dedication to mission spending.
- Low liabilities relative to assets, suggesting strong financial stability (e.g., $65,747 liabilities vs. $12,145,688 assets in 2023).
Frequently Asked Questions about International Union Of Operating Engineers Local 17
Is International Union Of Operating Engineers Local 17 a legitimate charity?
International Union Of Operating Engineers Local 17 (EIN: 160493140) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does International Union Of Operating Engineers Local 17 spend its money?
International Union Of Operating Engineers Local 17 directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to International Union Of Operating Engineers Local 17 tax-deductible?
International Union Of Operating Engineers Local 17 is registered as a tax-exempt nonprofit (EIN: 160493140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the International Union Of Operating Engineers Local 17 CEO make?
International Union Of Operating Engineers Local 17's highest-compensated officer earns $4 annually. The organization reported $15.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of International Union Of Operating Engineers Local 17's spending goes to programs?
International Union Of Operating Engineers Local 17 directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is International Union Of Operating Engineers Local 17 located?
International Union Of Operating Engineers Local 17 is headquartered in Lake View, New York and files with the IRS under EIN 160493140.
How many years of IRS 990 filings does International Union Of Operating Engineers Local 17 have?
International Union Of Operating Engineers Local 17 has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.0M in total revenue.
Is International Union Of Operating Engineers Local 17 a good charity?
Based on the available financial data, the organization demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to transparency by reporting 0% officer compensation. These factors suggest it is a well-managed and responsible organization.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Revenue increased from $2,973,733 in 2014 to $4,445,529 in 2023, and assets grew from $7,245,129 to $12,145,688, indicating consistent growth and accumulation of resources.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is an exceptional level of transparency and suggests that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990.
Filing History
IRS 990 filing history for International Union Of Operating Engineers Local 17 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Union Of Operating Engineers Local 17's revenue has grown by 65.7%, moving from $2.7M to $4.4M. Total assets increased by 79.2% over the same period, from $6.8M to $12.1M. Total functional expenses rose by 46.9%, from $2.4M to $3.6M. In its most recent filing year (2023), International Union Of Operating Engineers Local 17 reported a surplus of $860K, with revenue exceeding expenses. The organization holds $66K in liabilities against $12.1M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $12.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $3.6M | $12.1M | $66K | — | View 990 |
| 2022 | $4.4M | $3.5M | $11.0M | $65K | — | View 990 |
| 2021 | $4.2M | $3.4M | $10.5M | $770 | — | View 990 |
| 2020 | $3.2M | $4.1M | $9.6M | $47 | — | — |
| 2019 | $3.5M | $3.2M | $10.4M | $654 | — | View 990 |
| 2018 | $3.2M | $2.8M | $9.0M | $307 | — | View 990 |
| 2017 | $3.0M | $2.5M | $8.7M | $726 | — | View 990 |
| 2016 | $2.7M | $2.5M | $8.2M | $2K | — | View 990 |
| 2015 | $3.2M | $2.7M | $8.0M | $6K | — | View 990 |
| 2014 | $3.0M | $3.1M | $7.2M | $5K | — | View 990 |
| 2013 | $3.1M | $2.9M | $7.4M | $2K | — | View 990 |
| 2012 | $2.6M | $2.4M | $7.3M | $3K | — | View 990 |
| 2011 | $2.7M | $2.4M | $6.8M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $3.6M, and assets of $12.1M (revenue +2.1% year-over-year).
- 2022: Revenue of $4.4M, expenses of $3.5M, and assets of $11.0M (revenue +4.8% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.4M, and assets of $10.5M (revenue +28.0% year-over-year).
- 2020: Revenue of $3.2M, expenses of $4.1M, and assets of $9.6M (revenue -6.8% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.2M, and assets of $10.4M (revenue +8.1% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.8M, and assets of $9.0M (revenue +8.0% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.5M, and assets of $8.7M (revenue +11.8% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.5M, and assets of $8.2M (revenue -17.9% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.7M, and assets of $8.0M (revenue +9.2% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.1M, and assets of $7.2M (revenue -3.2% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.9M, and assets of $7.4M (revenue +20.0% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.4M, and assets of $7.3M (revenue -4.7% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.4M, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Union Of Operating Engineers Local 17:
Data Sources and Methodology
This transparency report for International Union Of Operating Engineers Local 17 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.