INTERNATIONAL BROTHERHOOD ELECTRICAL WORKERS 2199 LOCAL (EIN 166073285) - 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

1966

Legal Domicile

Principal Officer

COLLEEN BALLACCHINO

Phone

7166865936

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD ELECTRICAL WORKERS 2199 LOCAL, founded in 1966, is a small nonprofit that reported $229K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $270K exceeded revenue, resulting in a 18% operating deficit.

Mission

EMPLOYEE UNION REPRESENTATION

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $228,810

Investment Income $254

Other Revenue $0

TOTAL REVENUE $229,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $67,144

Program Expenses $82,029

Other Expenses $269,805

TOTAL EXPENSES $269,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,064	$193,611	+0.2%
Expenses	$269,805	$146,302	+0.8%
Net Income	$-40,741	$47,309	-1.9%

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

N/A

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

$84,956

Total Directors

$114,584

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN BALLACHINO	PRESIDENT	002.00	Officer Director	$45,263	$0	$45,263
RALPH GALANTI	VICE PRESIDENT	001.00	Officer Director	$26,681	$0	$26,681
SUZANNA ALESSANDRO	EXECUTIVE BOARD	001.00	Director	$24,382	$0	$24,382
JONATHON LYNCH	FINANCIAL SECRETARY	001.00	Officer Director	$11,694	$0	$11,694
T CONSANTINO	EXECUTIVE BOARD	001.00	Director	$1,853	$0	$1,853
J TURNER	EXECUTIVE BOARD	001.00	Director	$1,757	$0	$1,757
TARA CLAYTON	EXECUTIVE BOARD	001.00	Director	$887	$0	$887
LAQUITA WILLIAMS-JOHNSON	RECORDING SEC	001.00	Officer Director	$886	$0	$886
T PIERPAOLI	EXECUTIVE BOARD	001.00	Director	$475	$0	$475
BONNIE RODRIQUEZ	TREASURER	001.00	Officer Director	$432	$0	$432
V MONDEL	EXECUTIVE BOARD	001.00	Director	$158	$0	$158
Z KING	EXECUTIVE BOARD	001.00	Director	$116	$0	$116
TTREADWAY	EXECUTIVE BOARD	001.00	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
2025	No data	No data	No data	No data
2024	$229,064	$269,805	$194,689	$-40,741
2023	$193,611	$146,302	$235,430	$47,309
2022	$156,599	$168,276	$188,121	$-11,677
2021	$158,333	$159,211	$199,798	$-878
2020	$167,015	$125,535	$200,676	$41,480
2019	$163,954	$167,442	$159,196	$-3,488
2018	$179,926	$157,027	$162,684	$22,899

INTERNATIONAL BROTHERHOOD ELECTRICAL WORKERS 2199 LOCAL