NEWPORT, ME
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 1253 LOCAL, founded in 1946, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $513K, a strong 41% operating margin.
THE OBJECTIVES OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS ARE TO ORGANIZE ALL WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY IN THE UNITED STATES AND CANADA, INCLUDING ALL THOSE IN PUBLIC UTILITIES AND ELECTRICAL MANUFACTURING, INTO LOCAL UNIONS; TO PROMOTE REASONABLE METHODS OF WORK; TO CULTIVATE FEELINGS OF FRIENDSHIP AMONG THOSE OF OUR INDUSTRY; TO SETTLE ALL DISPUTES BETWEEN EMPLOYERS AND EMPLOYEES BY ARBITRATION (IF POSSIBLE); TO ASSIST EACH OTHER IN SICKNESS OR DISTRESS; TO SECURE EMPLOYMENT; TO REDUCE THE HOURS OF DAILY LABOR; TO SECURE ADEQUATE PAY FOR OUR WORK; TO SEEK A HIGHER STANDARD OF LIVING; TO SEEK SECURITY FOR THE INDIVIDUAL; AND BY LEGAL AND PROPER MEANS TO ELEVATE THE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF OUR MEMBERS, THEIR FAMILIES AND DEPENDENTS, IN THE INTEREST OF A HIGHER STANDARD OF CITIZENSHIP.
ADVOCATE, ARBITRATE & NEGOTIATE FOR MEMBERS. ADMINISTRATION OF THE MARKET RECOVERY PROGRAM FOR PROMOTING THE ORGANIZED ELECTRICAL CONSTRUCTION INDUSTRY WITHIN THE LOCAL JURISDICTION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,237,871 | $910,266 | +0.4% |
| Expenses | $724,549 | $583,762 | +0.2% |
| Net Income | $513,322 | $326,504 | +0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NICHOLAS PAQUET | PRESIDENT/BUSINESS MANAGER | 40.00 |
Officer
Director
|
$99,484 | $29,090 | $128,574 |
| GARY NICHOLS | VICE PRESIDENT | 1.00 |
Officer
Director
|
$3,432 | $0 | $3,432 |
| SHAWN CHANDLER | PRESIDENT | 1.00 |
Officer
Director
|
$2,168 | $0 | $2,168 |
| LEE WHITAKER | EXECUTIVE BOARD | 1.00 |
Director
|
$2,118 | $0 | $2,118 |
| DERICK PROCTOR | EXECUTIVE BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL VARNEY | EXECUTIVE BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM TOBIAS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK HIGGINS | RECORDING SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,237,871 | $724,549 | $2,052,080 | $513,322 |
| 2024 | $910,266 | $583,762 | $1,535,657 | $326,504 |
| 2023 | $847,016 | $500,461 | $1,206,610 | $346,555 |
| 2022 | $664,870 | $517,553 | $869,586 | $147,317 |
| 2021 | $581,069 | $504,578 | $782,688 | $76,491 |
| 2020 | $574,695 | $552,886 | $644,743 | $21,809 |
| 2019 | $433,445 | $481,261 | $613,423 | $-47,816 |
Compare INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 1253 LOCAL with other nonprofits in Maine and across the country.