INTERNATIONAL BROTHERHOOD OF ELECT… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

FLETCHER FISCHER

Phone

7814400022

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1228, founded in 1941, is a small nonprofit that reported $700K in total revenue in fiscal year 2023.

Mission

LABOR UNION FOR COLLECTIVE BARGAINING

Program Service Accomplishments

Program 1

UNION ORGANIZATION AND REPRESENTATION OF WORKERS IN THE BROADCASTING AND CABLE INDUSTRIES IN THE NEW ENGLAND AREA FOR COLLECTIVE BARGAINING PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $699,968

Investment Income $41

Other Revenue $0

TOTAL REVENUE $700,009

Expense Breakdown

Grants Paid $2,780

Salaries & Benefits $465,028

Fundraising Expenses $0

Other Expenses $246,275

TOTAL EXPENSES $714,583

Year-over-Year Comparison

	2023	2022	Change
Revenue	$700,009	$667,898	+0.0%
Expenses	$714,583	$660,420	+0.1%
Net Income	$-14,574	$7,478	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$230,035

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG MONTE	EXECUTIVE BOARD	2.00	Officer	$400	$0	$400
JASON KEARNS	EXECUTIVE BOARD	2.00	Officer	$320	$0	$320
JASON MODESKI	EXECUTIVE BOARD (P)	2.00	Officer	$560	$0	$560
TOM KRUC	VICE PRESIDENT	2.00	Officer	$1,300	$0	$1,300
RYAN PICKERING	EXECUTIVE BOARD (P)	2.00	Officer	$480	$0	$480
BLAISE BOOKIS	EXECUTIVE BOARD (P)	2.00	Officer	$80	$0	$80
BRENNAN GASSEK	EXECUTIVE BOARD	2.00	Officer	$320	$0	$320
BARBARA MORSE	EXECUTIVE BOARD	2.00	Officer	$640	$0	$640
PAUL DARLING	EXEXUTIVE BOARD	2.00	Officer	$720	$0	$720
NOAH BROOKOFF	EXECUTIVE BOARD	2.00	Officer	$720	$0	$720
KEVIN KRISAK	EXECUTIVE BOARD	2.00	Officer	$947	$0	$947
EDUARDO WALTER	TREASURER	2.00	Officer	$1,000	$0	$1,000
MICHAEL JOHNSTON	VICE PRESIDENT (P)	2.00	Officer	$1,260	$0	$1,260
STEPHANIE INNISS	EXECUTIVE BOARD	2.00	Officer	$1,380	$0	$1,380
TIMOTHY GEERS	TREASURER (P)	2.00	Officer	$1,600	$0	$1,600
RICHARD BOURQUE	EXECUTIVE BOARD	2.00	Officer	$1,605	$0	$1,605
THOMAS MATTEO	RECORDING SECRETARY	5.00	Officer	$2,160	$0	$2,160
JOHN MURPHY	EXECUTIVE BOARD (P)	40.00	Officer	$2,630	$0	$2,630
DONALD O'SULLIVAN	PRESIDENT	2.00	Officer	$3,235	$0	$3,235
FLETCHER FISCHER	FINANCIAL SECRETARY/BUSINE	40.00	Officer	$179,998	$28,680	$208,678
STEVEN KATSOS	ASSISTANT BM	40.00	Highest	$135,568	$4,038	$139,606

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$700,009	$714,583	$230,270	$-14,574
2022	$667,898	$660,420	$242,805	$7,478
2021	$663,837	$615,948	$237,884	$47,889
2020	$667,464	$592,288	$195,451	$75,176
2019	$690,060	$727,671	$135,661	$-37,611
2018	$684,051	$726,000	$178,262	$-41,949

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1228