Civic Intelligence

Employers & Operating Engineers Local 520 Health & Welfare Fund

990 • Fiscal year 2024 • EIN 37-6046408

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 20, 2025

1472 N Green Mount RoadOfallon, IL 62269

(618) 233-7978

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.27x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.59x

Higher debt load relative to revenue than 93% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$116,600

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2024 filings • 501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$64,140,246

Up $7,092,390 (+12%) from 2023

Net Assets

Up

$46,658,903

Up $5,931,081 (+15%) from 2023

Liabilities

Up

$17,481,343

Up $1,161,309 (+7.1%) from 2023

Revenue

Up

$29,413,479

Up $3,451,385 (+13%) from 2023

Expenses

Up

$23,174,523

Up $1,393,293 (+6.4%) from 2023

Net Income

Up

$6,238,956

Up $2,058,092 (+49%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $35,064,767Liabilities 2010: $13,458,114Net Assets 2010: $21,606,6532010Assets 2011: $36,158,248Liabilities 2011: $14,620,771Net Assets 2011: $21,537,4772011Assets 2012: $34,165,260Liabilities 2012: $14,607,742Net Assets 2012: $19,557,5182012Assets 2013: $31,457,464Liabilities 2013: $14,292,671Net Assets 2013: $17,164,7932013Assets 2014: $32,396,161Liabilities 2014: $12,487,796Net Assets 2014: $19,908,3652014Assets 2015: $35,728,106Liabilities 2015: $13,846,296Net Assets 2015: $21,881,8102015Assets 2016: $39,238,577Liabilities 2016: $15,033,377Net Assets 2016: $24,205,2002016Assets 2017: $40,621,188Liabilities 2017: $16,374,900Net Assets 2017: $24,246,2882017Assets 2018: $40,212,298Liabilities 2018: $13,711,268Net Assets 2018: $26,501,0302018Assets 2019: $45,483,634Liabilities 2019: $13,930,948Net Assets 2019: $31,552,6862019Assets 2020: $50,475,412Liabilities 2020: $13,993,687Net Assets 2020: $36,481,7252020Assets 2021: $53,581,496Liabilities 2021: $15,127,411Net Assets 2021: $38,454,0852021Assets 2022: $50,739,603Liabilities 2022: $15,567,826Net Assets 2022: $35,171,7772022Assets 2023: $57,047,856Liabilities 2023: $16,320,034Net Assets 2023: $40,727,8222023Assets 2024: $64,140,246Liabilities 2024: $17,481,343Net Assets 2024: $46,658,9032024

Highlighted filing

2024

Assets$64,140,246
Liabilities$17,481,343
Net Assets$46,658,903

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $15,205,0092010Revenue 2011: $16,577,109Expenses 2011: $16,646,285Net Income 2011: -$69,1762011Expenses 2012: $17,521,6242012Revenue 2013: $13,635,304Expenses 2013: $16,028,029Net Income 2013: -$2,392,7252013Revenue 2014: $17,617,426Expenses 2014: $14,873,854Net Income 2014: $2,743,5722014Revenue 2015: $19,217,330Expenses 2015: $16,846,281Net Income 2015: $2,371,0492015Revenue 2016: $19,509,249Expenses 2016: $17,243,665Net Income 2016: $2,265,5842016Revenue 2017: $19,102,692Expenses 2017: $19,427,221Net Income 2017: -$324,5292017Revenue 2018: $19,889,500Expenses 2018: $17,025,945Net Income 2018: $2,863,5552018Revenue 2019: $21,232,059Expenses 2019: $17,823,440Net Income 2019: $3,408,6192019Revenue 2020: $22,307,258Expenses 2020: $18,572,866Net Income 2020: $3,734,3922020Revenue 2021: $23,340,880Expenses 2021: $20,148,409Net Income 2021: $3,192,4712021Revenue 2022: $23,298,805Expenses 2022: $22,056,410Net Income 2022: $1,242,3952022Revenue 2023: $25,962,094Expenses 2023: $21,781,230Net Income 2023: $4,180,8642023Revenue 2024: $29,413,479Expenses 2024: $23,174,523Net Income 2024: $6,238,9562024

Highlighted filing

2024

Revenue$29,413,479
Expenses$23,174,523
Net Income$6,238,956
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$37,567,716
Mission and Program Overview

Mission

Provide health benefits to members per collective bargaining agreement

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$40,727,822$46,658,903▲ $5,931,081
Investments in Publicly Traded Securities$36,208,580$36,689,632▲ $481,052
Savings and Temporary Cash Investments$18,921,913$24,074,038▲ $5,152,125
Accounts Receivable$2,703,509$3,546,676▲ $843,167
Prepaid Expenses and Deferred Charges$27,747$230,522▲ $202,775
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Cash and Non-Interest-Bearing Accounts$-813,893$-400,622▲ $413,271
Total Assets$57,047,856$64,140,246▲ $7,092,390
Liabilities
Deferred Revenue$12,302,138$12,942,608▲ $640,470
Accounts Payable and Accrued Expenses$4,017,896$4,538,735▲ $520,839
Total Liabilities$16,320,034$17,481,343▲ $1,161,309
Net Assets / Fund Balance
Total Net Assets Fund Balance$40,727,822$46,658,903▲ $5,931,081
Total Liabilities and Net Assets / Fund Balance$57,047,856$64,140,246▲ $7,092,390
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie VisintineAdminstrative ManagerFT$116,600$116,600

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,460,655
Investment Income
$1,931,705
Other Revenue
$21,119
Change in Net Assets
$6,238,956

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,148,588
Revenue Not Reported on Financial Statements
$-735,109
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-735,109
Total Revenue per Audited Statements
$30,148,588
Total Revenue per Form 990
$29,413,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$826,760
Other Expenses$461,961
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$21,885,802--$21,885,802
Pension Plan Contributions-$448,295-$448,295
Other Salaries and Wages-$350,751-$350,751
Fees for Services Other-$104,127-$104,127
Office Expenses-$85,033-$85,033
Fees for Service Investment Mgmnt Fees-$58,444-$58,444
Insurance-$37,064-$37,064
Fees for Services Accounting-$32,573-$32,573
Payroll Taxes-$27,714-$27,714
Fees for Services Legal-$19,192-$19,192
Other Expenses-$11,404-$11,404
Total Functional Expenses$21,885,802$1,288,721$0$23,174,523

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$23,174,523
Expenses per Audited Statements$23,009,179
Total Expenses per Audited Statements$23,009,179
Expenses Not Reported on Financial Statements$165,344
Other Expense Adjustments$165,344
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Draft of form 990 was provided to board of trustees and administrator for review and approval prior to filing

Form 990, Part VI, Section B, Line 12C

Review on an annual basis any potential or actual conflicts of interest and address if necessary

Form 990, Part VI, Section C, Line 19

Governing documents, financial statements and form 990 are available at the fund office by request.

Filing and Contact Details

Filer

Filer Name
Employers & Operating Engineers
EIN
37-6046408
Phone
6182337978
Address
1472 N GREEN MOUNT ROAD, OFALLON, IL 62269

Signing Officer

Name
Mark Johnson
Title
Chairman
Phone
6182337978
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Johnson
Formed
1962
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Firm
Scheffel Boyle
Address
222 EAST MAIN STREET, BELLEVILLE, IL 62220
Preparer
Andrea Suhre CPA
Phone
6182778100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from prior year

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Dollar value of banked hours used/hra credits used 613,232. Dollar value of banked hours added/hra credits added -1,714,660. Investment expenses net against income 58,444. Change in market value included in investment income 307,875.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Change in claims payable from the beginning to end of the year 106,900. Investment expenses netted against income 58,444.

Raw XML Appendix364 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt040727822
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt046658903
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018921913
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024074038
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0165344
IRS990ScheduleD/ExpensesSubtotalAmt023009179
IRS990ScheduleD/OtherExpensesNotIncludedAmt0165344
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-735109
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-735109
IRS990ScheduleD/RevenueSubtotalAmt030148588
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DOLLAR VALUE OF BANKED HOURS USED/HRA CREDITS USED 613,232. DOLLAR VALUE OF BANKED HOURS ADDED/HRA CREDITS ADDED -1,714,660. INVESTMENT EXPENSES NET AGAINST INCOME 58,444. CHANGE IN MARKET VALUE INCLUDED IN INVESTMENT INCOME 307,875.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN CLAIMS PAYABLE FROM THE BEGINNING TO END OF THE YEAR 106,900. INVESTMENT EXPENSES NETTED AGAINST INCOME 58,444.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt023174523
IRS990ScheduleD/TotalRevenuePerForm990Amt029413479
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030148588
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023009179
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT OF FORM 990 WAS PROVIDED TO BOARD OF TRUSTEES AND ADMINISTRATOR FOR REVIEW AND APPROVAL PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW ON AN ANNUAL BASIS ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST AND ADDRESS IF NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE AT THE FUND OFFICE BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt057047856
IRS990/TotalAssetsEOYAmt064140246
IRS990/TotalAssetsGrp/BOYAmt057047856
IRS990/TotalAssetsGrp/EOYAmt064140246
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01288721
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt021885802
IRS990/TotalFunctionalExpensesGrp/TotalAmt023174523
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016320034
IRS990/TotalLiabilitiesEOYAmt017481343
IRS990/TotalLiabilitiesGrp/BOYAmt016320034
IRS990/TotalLiabilitiesGrp/EOYAmt017481343
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt040727822
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046658903
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt021885802
IRS990/TotalProgramServiceRevenueAmt027460655
IRS990/TotalReportableCompFromOrgAmt0116600
IRS990/TotalRevenueGrp/ExclusionAmt0-168730
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029582209
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029413479
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt057047856
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064140246
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01472 N GREEN MOUNT ROAD
IRS990/USAddress/CityNm0OFALLON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd062269
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06182337978
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMPLOYERS & OPERATING ENGINEERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LOCAL 520 HEALTH & WELFARE FUND
ReturnHeader/Filer/BusinessNameControlTxt0EMPL
ReturnHeader/Filer/EIN0376046408
ReturnHeader/Filer/PhoneNum06182337978
ReturnHeader/Filer/USAddress/AddressLine1Txt01472 N GREEN MOUNT ROAD
ReturnHeader/Filer/USAddress/CityNm0OFALLON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062269
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371206530
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHEFFEL BOYLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 EAST MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062220
ReturnHeader/PreparerPersonGrp/PhoneNum06182778100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREA SUHRE CPA
ReturnHeader/ReturnTs02025-11-14T07:32:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$64.1$17.5$46.7$29.4$23.2$6.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.0$16.3$40.7$26.0$21.8$4.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.7$15.6$35.2$23.3$22.1$1.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.6$15.1$38.5$23.3$20.1$3.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.5$14.0$36.5$22.3$18.6$3.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.5$13.9$31.6$21.2$17.8$3.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.2$13.7$26.5$19.9$17.0$2.86
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.6$16.4$24.2$19.1$19.4$0.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$15.0$24.2$19.5$17.2$2.27
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.7$13.8$21.9$19.2$16.8$2.37
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.4$12.5$19.9$17.6$14.9$2.74
2013Detailed filing. Detailed filing data is available for this year.$31.5$14.3$17.2$13.6$16.0$2.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$14.6$19.6$17.5
2011Summary only. Only limited summary data is available for this year.$36.2$14.6$21.5$16.6$16.6$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.1$13.5$21.6$15.2
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)9 • $50M-$100M nonprofits