International Union Of Operatingengineers Local 399 Building Corp
International Union Of Operatingengineers Local 399 Building Corp consistently spends more than it earns, drawing down its substantial asset base.
EIN: 205124336 · Chicago, IL · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Program Spending | 70% |
| Net Assets | $9.0M |
| Transparency Score | 55/100 |
Is International Union Of Operatingengineers Local 399 Building Corp 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 Operatingengineers Local 399 Building Corp directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About International Union Of Operatingengineers Local 399 Building Corp
International Union Of Operatingengineers Local 399 Building Corp (EIN: 205124336) is a nonprofit organization based in Chicago, IL, classified under NTEE code S47. The organization reported total revenue of $1.6M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Union Of Operatingengineers Local 399 Building Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Union Of Operatingengineers Local 399 Building Corp is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-239,074 |
| Total Assets | $9.4M |
| Total Liabilities | $399K |
| Net Assets | $9.0M |
| Operating Margin | -15.9% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 65.0 months |
Financial Health Grade: B
In 2023, International Union Of Operatingengineers Local 399 Building Corp reported a deficit of $239K with expenses exceeding revenue, holds 65.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), International Union Of Operatingengineers Local 399 Building Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | -11.5% | -3.4% |
| 2022 | +3.9% | +14.4% | -3.7% |
| 2021 | +-0.0% | -11.2% | -3.2% |
| 2020 | +0.2% | +7.2% | -3.1% |
| 2019 | +4.8% | +4.8% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Operatingengineers Local 399 Building Corp with a Mission Score of 55 out of 100 (Fair). 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 Operatingengineers Local 399 Building Corp allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $239K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size 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 Operatingengineers Local 399 Building Corp's IRS 990 filings:
- Consistent operational deficits, with expenses exceeding revenue in most years (e.g., $1,740,074 expenses vs. $1,501,000 revenue in 2023).
- Steady decline in total assets over the past decade, from $12.6M in 2014 to $9.4M in 2023, indicating a draw-down.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes it difficult to assess spending efficiency.
Strengths
The following positive indicators were identified for International Union Of Operatingengineers Local 399 Building Corp:
- Reports 0% officer compensation across all available filings, indicating no executive pay.
- Maintains a substantial asset base, currently over $9 million, which could provide a buffer or be utilized for strategic purposes.
Frequently Asked Questions about International Union Of Operatingengineers Local 399 Building Corp
Is International Union Of Operatingengineers Local 399 Building Corp a legitimate charity?
International Union Of Operatingengineers Local 399 Building Corp (EIN: 205124336) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 55/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.6M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does International Union Of Operatingengineers Local 399 Building Corp spend its money?
International Union Of Operatingengineers Local 399 Building Corp directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to International Union Of Operatingengineers Local 399 Building Corp tax-deductible?
International Union Of Operatingengineers Local 399 Building Corp is registered as a tax-exempt nonprofit (EIN: 205124336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Union Of Operatingengineers Local 399 Building Corp's spending goes to programs?
International Union Of Operatingengineers Local 399 Building Corp directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does International Union Of Operatingengineers Local 399 Building Corp compare to similar nonprofits?
With a transparency score of 55/100 (Fair), International Union Of Operatingengineers Local 399 Building Corp is near average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Union Of Operatingengineers Local 399 Building Corp located?
International Union Of Operatingengineers Local 399 Building Corp is headquartered in Chicago, Illinois and files with the IRS under EIN 205124336. It is classified under NTEE code S47.
How many years of IRS 990 filings does International Union Of Operatingengineers Local 399 Building Corp have?
International Union Of Operatingengineers Local 399 Building Corp has 11 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 $1.6M in total revenue.
Is International Union Of Operatingengineers Local 399 Building Corp financially sustainable?
The organization has consistently reported expenses exceeding revenue for many years (e.g., $1,740,074 expenses vs. $1,501,000 revenue in 2023), leading to a steady decline in its asset base from $12.6M in 2014 to $9.4M in 2023. This trend suggests potential long-term sustainability challenges if not addressed.
What is the purpose of the 'Building Corp' designation and how does it relate to the union?
The provided data does not specify the exact nature of the 'Building Corp' or its operational relationship with the International Union Of Operatingengineers Local 399. Understanding this relationship is crucial to interpreting its financial activities and mission alignment.
How are the organization's substantial assets being utilized?
With assets over $9 million, it's important to understand if these are primarily real estate holdings, investments, or other forms of capital, and how they contribute to the organization's mission, especially given the operational deficits.
Filing History
IRS 990 filing history for International Union Of Operatingengineers Local 399 Building Corp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), International Union Of Operatingengineers Local 399 Building Corp's revenue has grown by 18.3%, moving from $1.3M to $1.5M. Total assets decreased by 28.3% over the same period, from $13.1M to $9.4M. Total functional expenses rose by 29.3%, from $1.3M to $1.7M. In its most recent filing year (2023), International Union Of Operatingengineers Local 399 Building Corp reported a deficit of $239K, with expenses exceeding revenue. The organization holds $399K in liabilities against $9.4M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $9.4M | $399K | — | — |
| 2022 | $1.5M | $2.0M | $9.8M | $491K | — | View 990 |
| 2021 | $1.4M | $1.7M | $10.1M | $396K | — | View 990 |
| 2020 | $1.4M | $1.9M | $10.5M | $448K | — | — |
| 2019 | $1.4M | $1.8M | $10.8M | $285K | — | View 990 |
| 2018 | $1.4M | $1.7M | $11.2M | $359K | — | View 990 |
| 2017 | $1.2M | $1.8M | $11.5M | $311K | — | View 990 |
| 2016 | $1.3M | $1.3M | $12.1M | $14.3M | — | View 990 |
| 2015 | $1.4M | $1.3M | $12.5M | $14.8M | — | View 990 |
| 2014 | $1.3M | $1.3M | $12.7M | $15.2M | — | View 990 |
| 2013 | $1.3M | $1.3M | $13.1M | $15.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.7M, and assets of $9.4M (revenue +0.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $2.0M, and assets of $9.8M (revenue +3.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.7M, and assets of $10.1M (revenue +-0.0% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.9M, and assets of $10.5M (revenue +0.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.8M, and assets of $10.8M (revenue +4.8% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.7M, and assets of $11.2M (revenue +9.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.8M, and assets of $11.5M (revenue -6.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $12.1M (revenue -7.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $12.5M (revenue +11.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $12.7M (revenue +1.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Union Of Operatingengineers Local 399 Building Corp:
Data Sources and Methodology
This transparency report for International Union Of Operatingengineers Local 399 Building Corp 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.