INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (EIN 042473962) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

Kevin J Holland

Phone

6179296000

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, founded in 1971, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024.

Mission

To provide union representation to its members, to organize workers, secure improved wages, hours, working conditions and other economic advantages through organizing, negotiations and collective bargaining.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,383,875

Program Service Revenue $2,400

Investment Income $76,273

Other Revenue $0

TOTAL REVENUE $1,462,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,019,917

Fundraising Expenses $0

Program Expenses $1,502,856

Other Expenses $482,939

TOTAL EXPENSES $1,502,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,462,548	$1,496,932	0.0%
Expenses	$1,502,856	$1,593,915	-0.1%
Net Income	$-40,308	$-96,983	-0.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

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

$584,053

Total Directors

$257,211

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYLES J CALVEY	FINANCIAL SEC'TY/BUSINESS MGR	40	Officer	$193,354	$9,178	$264,212
KEVIN J HOLLAND	PRESIDENT/BUSINESS AGENT	40	Officer Director	$176,449	$8,607	$185,056
PAUL G ENGLISH	TREASURER	9	Officer	$56,972	$1,678	$58,650
JULIO J DE LA CRUZ	VICE PRESIDENT	3	Officer Director	$19,758	$0	$19,758
KEITH R BONASORO	EXECUTIVE BOARD MEMBER	4	Officer Director	$17,467	$0	$17,467
MARTIN SWEENEY	RECORDING SEC'TY	8	Officer Director	$11,032	$0	$11,032
DONNA M BOHAN	TREASURER	9	Officer Director	$4,686	$0	$4,686
JEFFREY N ORENDER	EXECUTIVE BOARD MEMBER	2	Officer Director	$4,119	$0	$4,119
ROBERT J CINELLI	EXECUTIVE BOARD MEMBER	1	Officer Director	$3,943	$0	$3,943
STEPHEN M LYONS	RECORDING SEC'TY	8	Officer	$3,319	$0	$3,319
JANELLE M QUINN	EXECUTIVE BOARD MEMBER	1	Officer Director	$3,139	$0	$3,139
FRANCIS E HERNON	EXECUTIVE BOARD MEMBER	0.5	Officer Director	$3,128	$0	$3,128
HEATHER L REARDON	EXECUTIVE BOARD MEMBER	1	Officer Director	$3,003	$0	$3,003
MICHAEL H AGULNICK	EXECUTIVE BOARD MEMBER	1	Officer Director	$1,880	$0	$1,880
JOHN J KENT	EXECUTIVE BOARD MEMBER	0.25	Officer	$661	$0	$661

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
2025	No data	No data	No data	No data
2024	$1,462,548	$1,502,856	$1,574,592	$-40,308
2023	$1,496,932	$1,593,915	$1,614,900	$-96,983
2022	$1,421,866	$1,480,032	$1,711,883	$-58,166
2021	$2,251,615	$1,477,783	$1,770,049	$773,832
2020	$1,506,962	$1,565,674	$998,926	$-58,712

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS