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Filing year 2024

INTERNATIONAL UNION OPERATING ENGINEERS LOCAL UNION NO 450

Mont Belvieu, Texas·EIN 74-0706637·5
Total revenue
$4.5M
Total assets
$12.6M
Total expenses
$3.8M
Reported officers
13
Mission

OPERATION OF IUOE LOCAL UNION #450. REPRESENTING MEMBERS AND EMPLOYEES WORKING UNDER THE COLLECTIVE BARGAINING AGREEMENT WITHIN THE JURISDICTION OF LOCAL 450. WORKED TO PROMOTE AND PROTECT THE INTERESTS OF ITS MEMBERS WITH REGARD TO WORKING CONDITIONS, PROMOTED HIGHER STANDARDS OF SKILLED LABOR, PROMOTED & SECURED EMPLOYMENT OF ITS MEMBERS. CONDUCTED LABOR AND WAGE NEGOTIATION, AND GREVIENCE HEARINGS. PROVIDED SERVICES TO APPROXIMATELY 1,600 MEMBERS DURING THE YEAR.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

$161k
$168k
Base
$161k
Bonus
Other
Benefits
$119k
$124k
Recording Secretary
secretary (operational)
$118k
$123k
Financial Secretary
secretary (operational)
$117k
$122k
Vice President
vice president
$112k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 6%
from 2023

From $153k in 2023 to $161k in 2024.

$153k
2023
$161k
2024
In today's dollarsEst.
Up 3% in real terms$163k to $168k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INTERNATIONAL UNION OPERATING ENGINEERS LOCAL UNION NO 450 reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$3.4M
2023
$4.5M
$3.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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