INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS

EIN: 042473962

QUINCY, MA

Total Revenue
$1,462,548
Total Expenses
$1,502,856
Total Assets
$1,574,592
Net Assets
$1,574,592
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MA
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 organize workers, settle all disputes between employers and employees by arbitration (if possible), assist each other in sickness or distress, promote reasonable methods of work, secure employment, secure adequate pay, seek higher standards of living and seek security for our members. Use legal and proper means to elevate the moral, intellectual and social conditions of our members' families and dependents in the interest of a higher standard of citizenship.

Program Service Accomplishments

Program 1
Expenses: $1,502,856 Revenue: $1,462,548

This Labor Organization negotiates contracts, arbitrate cases and conduct all other necessary activities to ensure proper working conditions and economic advantages for the membership and to carry on...

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This Labor Organization negotiates contracts, arbitrate cases and conduct all other necessary activities to ensure proper working conditions and economic advantages for the membership and to carry on organizing activities to attract new members.

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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%)

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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
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
N/A
Employees
18
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
15
$584,053
Total Directors
11
$257,211
Key Employees
0
$0
Highest Compensated
0
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
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