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

1946

Legal Domicile

Principal Officer

KEVIN LONGTIN

Phone

7819379991

Tax Period

2019-07-01 to 2020-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1505 BUILDING CORPORATION, founded in 1946, is a micro nonprofit that reported $59K in total revenue in fiscal year 2019. Expenses of $57K left a modest 5% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO SUPPLY A BUILDING FOR THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1505 TO CONDUCT THE BUSINESS OF THE UNION.

Program Service Accomplishments

Program 1

TO PROVIDE FACILITIES FOR THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1505 TO CONDUCT THE BUSINESS OF THE UNION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $38,400

Program Service Revenue $0

Investment Income $0

Other Revenue $20,975

TOTAL REVENUE $59,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $56,654

TOTAL EXPENSES $56,654

Year-over-Year Comparison

	2019	2018	Change
Revenue	$59,375	$56,400	+0.1%
Expenses	$56,654	$61,026	-0.1%
Net Income	$2,721	$-4,626	-1.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN TGIBEDES	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN LONGTIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
PHIL MAHONEY	DIRECTOR	0.00	Director	$0	$0	$0
VINNIE DRAGO	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS GIANOCOPOULOUS	DIRECTOR	0.00	Director	$0	$0	$0
BRUCE KEELER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSH ROUX	CLERK	1.00	Officer Director	$0	$0	$0

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
2020	$59,375	$56,654	$408,265	$2,721
2019	$56,400	$61,026	$418,530	$-4,626
2018	$56,400	$62,659	$429,316	$-6,259

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1505 BUILDING CORPORATION