LOCAL 96 IBEW BUILDING CORPORATION (EIN 205753161) - 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

2006

Legal Domicile

Principal Officer

JAMES ARTHUR

Phone

5087538635

Tax Period

2024-10-01 to 2025-09-30

LOCAL 96 IBEW BUILDING CORPORATION, founded in 2006, is a micro nonprofit in the Community Improvement sector that reported $41K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $56K exceeded revenue, resulting in a 38% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO HOLD TITLE TO REAL PROPERTY LOCATED IN WORCESTER, MA FOR THE BENEFIT OF ITS RELATED ORGANIZATION, LOCAL 96 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS.

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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 $0

Investment Income $4,849

Other Revenue $35,904

TOTAL REVENUE $40,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $56,091

TOTAL EXPENSES $56,091

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,753	$31,852	+0.3%
Expenses	$56,091	$56,965	0.0%
Net Income	$-15,338	$-25,113	-0.4%

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

$184,671

Total Directors

$8,036

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE TRAVIS	RECORDING SECRETARY	2.00	Director	$0	$1,152	$4,890
DAVID MARTINELLI	EXECUTIVE BOARD	2.00	Director	$0	$0	$1,580
ANDREW TURCOTTE	EXECUTIVE BOARD	2.00	Director	$0	$0	$414
CRAIG GUYETTE	EXECUTIVE BOARD	2.00	Director	$0	$0	$400
DINO GLEASON	EXECUTIVE BOARD	2.00	Director	$0	$0	$376
AL GOULET	EXECUTIVE BOARD	2.00	Director	$0	$0	$376
JAMES ARTHUR	BUSINESS MANAGER	2.00	Officer	$0	$70,024	$180,921
KEITH FONTAINE	TREASURER	2.00	Officer	$0	$0	$3,189
ZEPHRIN MONDOR	VICE PRESIDENT	2.00	Officer	$0	$0	$561

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	$40,753	$56,091	$1,738,377	$-15,338
2024	$31,852	$56,965	$1,773,430	$-25,113
2023	$26,606	$56,323	$1,815,383	$-29,717
2022	$43,931	$59,655	$1,861,210	$-15,724
2021	$27,994	$61,416	$1,892,312	$-33,422
2020	$41,393	$62,735	$1,940,411	$-21,342
2019	$64,175	$61,823	$1,979,494	$2,352

LOCAL 96 IBEW BUILDING CORPORATION