IBEW LOCAL 343 BUILDING CORPORATION (EIN 208116451) - 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

THOMAS SMALL

Phone

5072827081

Tax Period

2024-04-01 to 2025-03-31

IBEW LOCAL 343 BUILDING CORPORATION, founded in 2005, is a small nonprofit that reported $180K in total revenue in fiscal year 2024. Expenses of $211K exceeded revenue, resulting in a 18% operating deficit.

Mission

BUILDING CORPORATION

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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 $179,472

Investment Income $100

Other Revenue $0

TOTAL REVENUE $179,572

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $211,467

TOTAL EXPENSES $211,467

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,572	$172,726	+0.0%
Expenses	$211,467	$226,558	-0.1%
Net Income	$-31,895	$-53,832	-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

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

Total Directors

$72,456

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN SANNES	DIRECTOR	0.30	Director	$0	$3,459	$12,782
MIKE STEFFES	DIRECTOR	0.30	Director	$0	$731	$2,319
THOMAS SMALL	DIRECTOR	0.30	Director	$0	$4,190	$15,379
THEODORE SAUER	DIRECTOR	0.30	Director	$0	$1,848	$6,948
JEREMY EVENSON	DIRECTOR	0.30	Director	$0	$1,347	$6,098
JESSE LEE	DIRECTOR	0.30	Director	$0	$2,272	$8,127
CHRISTOPHER WILL	DIRECTOR	0.30	Director	$0	$2,117	$7,957
WESTON WILSON	DIRECTOR	0.30	Director	$0	$1,733	$6,504
RANDY ZINCKE	DIRECTOR	0.30	Director	$0	$1,540	$5,249
THOMAS YATES	DIRECTOR-PAST	0.30	Director	$0	$0	$0
RICHARD RESCH	DIRECTOR	0.30	Director	$0	$520	$1,093
PETER ULBRICHT	DIRECTOR	0.30	Director	$0	$0	$0
MICHAEL BAMBRICK JR	DIRECTOR	0.30	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	$179,572	$211,467	$1,587,116	$-31,895
2024	$172,726	$226,558	$1,619,011	$-53,832
2023	$163,818	$256,505	$1,672,843	$-92,687
2022	$165,324	$187,092	$1,765,530	$-21,768
2021	$155,284	$147,972	$1,787,298	$7,312
2020	$155,409	$190,303	$1,779,986	$-34,894
2019	$169,238	$199,833	$1,814,880	$-30,595
2018	$370,153	$111,819	$1,845,475	$258,334

IBEW LOCAL 343 BUILDING CORPORATION