IBEW LOCAL UNION 15 BUILDING CORPORATION (EIN 203315306) - 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

2005

Legal Domicile

Principal Officer

CHRIS RISER

Phone

6305150381

Tax Period

2025-01-01 to 2025-12-31

Mission

THE CORPORATION WAS ORGANIZED TO HOLD THE TITLE, TO OPERATE AND ADMINISTER THE CONDOMINIUM UNIT LOCATED AT 6330 BELMONT AVENUE, DOWNERS GROVE, IL. THE UNIT IS USED BY THE RELATED IBEW LOCAL UNION 15.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $79,520

TOTAL EXPENSES $79,520

Year-over-Year Comparison

	2025	2024	Change
Revenue	N/A	N/A	N/A
Expenses	$79,520	$78,495	+0.0%
Net Income	N/A	$-78,495	N/A

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

$581,722

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS RISER	PRES/BUS MGR/FIN SEC	1.00	Officer	$0	$7,626	$249,682
BENJAMIN BUSSER	VP/SR ASST BUS MGR	1.00	Officer	$0	$6,656	$234,724
GLADYS NEGRON	RECORDING SECRETARY/EXEC B	1.00	Officer	$0	$0	$13,889
GEORGE LONGORIA	TREASURER	1.00	Officer	$0	$0	$11,481
JASON GRABLE	EXECUTIVE BOARD	1.00	Officer	$0	$0	$9,977
WILLIAM HAWKER RESIGNED	EXECUTIVE BOARD	1.00	Officer	$0	$0	$6,490
TIM BILLS	EXECUTIVE BOARD	1.00	Officer	$0	$0	$7,958
JAMES GLIDIC	EXECUTIVE BOARD	1.00	Officer	$0	$0	$7,581
OSCAR SANCHEZ	EXECUTIVE BOARD	1.00	Officer	$0	$0	$6,509
BRENDAN CROWLEY RESIGNED	EXECUTIVE BOARD	1.00	Officer	$0	$0	$4,114
TOM TIBBLES RESIGNED	EXECUTIVE BOARD	1.00	Officer	$0	$0	$2,660
PETER AGRUSA	EXECUTIVE BOARD	1.00	Officer	$0	$0	$7,152
BRIAN HALE	EXECUTIVE BOARD	1.00	Officer	$0	$0	$10,553
ANTHONY TRENTADUE	EXECUTIVE BOARD	1.00	Officer	$0	$0	$8,952

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	$79,520	$815,145	No data
2024	No data	$78,495	$853,218	No data
2023	No data	$77,557	$893,182	No data
2022	No data	$75,565	$901,531	No data
2021	No data	$74,290	$939,454	No data
2020	No data	$72,119	$948,198	No data
2019	No data	$72,241	$966,566	No data

IBEW LOCAL UNION 15 BUILDING CORPORATION