INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS - 2230 LOCAL UNION (EIN 116079231) - Form 990 Financial Analysis & Trantor Score

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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

1967

Legal Domicile

Principal Officer

BRIAN STONE

Phone

6317160295

Tax Period

2023-08-01 to 2024-07-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS - 2230 LOCAL UNION, founded in 1967, is a small nonprofit that reported $297K in total revenue in fiscal year 2023. Expenses of $274K left a modest 8% surplus.

Mission

TO NEGOTIATE LABOR CONTRACTS, REPRESENT MEMBERS IN LABOR DISPUTES, AND OTHER RELATED EFFORTS.

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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 $294,349

Investment Income $2,184

Other Revenue $621

TOTAL REVENUE $297,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,006

Fundraising Expenses $0

Other Expenses $220,032

TOTAL EXPENSES $274,038

Year-over-Year Comparison

	2023	2022	Change
Revenue	$297,154	$280,838	+0.1%
Expenses	$274,038	$232,543	+0.2%
Net Income	$23,116	$48,295	-0.5%

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

$32,638

Total Directors

$34,146

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN STONE	PRESIDENT	40.00	Officer Director	$0	$0	$0
FRANK RAYNOR JR	PRESIDENT - PAST	40.00	Officer Director	$10,610	$0	$10,610
DANIEL GALLIGAN	FINANCIAL SECRETARY	10.00	Officer Director	$7,364	$0	$7,364
JOSEPH PAGANO	VICE PRESIDENT	20.00	Officer Director	$4,888	$0	$4,888
JOHN BERRY	RECORDING SECRETARY	5.00	Officer Director	$4,888	$0	$4,888
STEVEN STRELECKI	TREASURER	5.00	Officer Director	$4,888	$0	$4,888
THOMAS BROOKSBANK	EXECUTIVE BOARD MEMBER	1.00	Director	$1,508	$0	$1,508
SAMIA THOMAS	EXECUTIVE BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM MCPHERSON	EXECUTIVE BOARD MEMBER	1.00	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
2024	$297,154	$274,038	$191,474	$23,116
2024	No data	No data	No data	No data
2023	$280,838	$232,543	$168,933	$48,295
2022	$271,100	$296,784	$120,621	$-25,684
2021	$259,082	$264,182	$146,273	$-5,100
2020	$244,772	$265,268	$151,370	$-20,496

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS - 2230 LOCAL UNION