IBEW LOCAL UNION 743

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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

1918

Legal Domicile

Principal Officer

MARK PINKASAVAGE

Phone

6107773100

Tax Period

2025-01-01 to 2025-12-31

IBEW LOCAL UNION 743, founded in 1918, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 5% surplus.

Mission

TO ORGANIZE WORKERS AND TO SECURE IMPROVED WAGES, BENEFITS AND WORKING CONDITIONS.

Program Service Accomplishments

Program 1

Expenses: $1,890,377

TO ORGANIZE WORKERS AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGANING

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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 $1,895,445

Investment Income $79,076

Other Revenue $11,975

TOTAL REVENUE $1,986,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $739,663

Fundraising Expenses $0

Program Expenses $1,890,377

Other Expenses $1,150,714

TOTAL EXPENSES $1,890,377

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,986,496	$1,659,132	+0.2%
Expenses	$1,890,377	$1,788,925	+0.1%
Net Income	$96,119	$-129,793	-1.7%

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

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

$312,928

Total Directors

$126,995

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT YEAGER	BOARD MEMBER FORMER	5.00	Director	$44,420	$7,280	$51,700
DONALD MCLINTOCK	BOARD MEMBER	5.00	Director	$1,777	$0	$1,777
MICHAEL KACZOR	BOARD MEMBER	5.00	Director	$401	$0	$401
ROSLYNN KIRN	BOARD MEMBER	5.00	Director	$3,227	$0	$3,227
DAVID T KALOVAC	BOARD MEMBER	5.00	Director	$54,665	$9,480	$64,145
JEFFREY BEECROFT	BOARD MEMBER	5.00	Director	$3,422	$680	$4,102
JAMES RAYEL	BOARD MEMBER	5.00	Director	$1,643	$0	$1,643
JASON FOSTER	PRESIDENT	40.00	Officer	$30,803	$6,600	$37,403
JASON BAUSCH	VICE PRESIDENT	5.00	Officer	$534	$0	$534
WILLIAM TROUTMAN	RECORDING SECRETARY FORMER	40.00	Officer	$108,133	$20,920	$129,053
MARK PINKASAVAGE	BUSINESS MANAGER	40.00	Officer	$125,018	$20,920	$145,938
ED BERNITSKY	FINANCIAL SECRETARY	5.00	Officer	$0	$0	$0
VINNY BIANCONE	RECORDING SECRETARY	5.00	Officer	$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	$1,986,496	$1,890,377	$3,084,452	$96,119
2024	$1,659,132	$1,788,925	$2,813,708	$-129,793
2023	$1,451,610	$1,560,177	$2,832,222	$-108,567
2022	$1,733,936	$1,390,789	$2,805,592	$343,147
2021	$1,671,989	$1,190,570	$2,626,366	$481,419
2020	$1,390,849	$1,286,607	$2,099,558	$104,242
2019	$1,304,639	$1,153,165	$1,917,505	$151,474
2018	$1,465,333	$1,199,432	$1,694,272	$265,901