LOCAL UNION NO 126 INT'L BROTHERHOOD OF ELECTRICAL WORKERS (EIN 231302203) - 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

1947

Legal Domicile

Principal Officer

RICHARD MUTTIK

Phone

6104891185

Tax Period

2023-07-01 to 2024-06-30

LOCAL UNION NO 126 INT'L BROTHERHOOD OF ELECTRICAL WORKERS, founded in 1947, is a mid-sized nonprofit that reported $11.8M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $6.2M, a strong 52% operating margin.

Mission

THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 126 (THE LOCAL) IS ORGANIZED TO REPRESENT ITS MEMBERS IN LABOR AND CONTRACT NEGOTIATIONS WITH CONTRACTORS EMPLOYING ITS MEMBERSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,672,037

Investment Income $2,028,053

Other Revenue $86,206

TOTAL REVENUE $11,786,296

Expense Breakdown

Grants Paid $370,075

Salaries & Benefits $3,862,014

Fundraising Expenses $0

Other Expenses $1,289,664

TOTAL EXPENSES $5,600,820

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,786,296	$10,849,587	+0.1%
Expenses	$5,600,820	$5,343,117	+0.0%
Net Income	$6,185,476	$5,506,470	+0.1%

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

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

$898,956

Total Directors

$853,463

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON ACREE	CHAIRMAN	40.00	Director	$200,535	$90,964	$291,499
JOSEPH MARTIN III	EXECUTIVE BOARD	2.00	Director	$0	$0	$0
MICHAEL SIMMONDS	EXAMINING BOARD/MEMBERSHIP	40.00	Director	$193,459	$90,935	$284,394
PATRICK CASEY	EXECUTIVE BOARD	2.00	Director	$6,030	$0	$6,030
ROGER DIETRICH	EXECUTIVE BOARD/BUS. REP. (P)	40.00	Director	$182,818	$87,401	$270,219
JOSHUA RAFFLE	EXAMINING BOARD	2.00	Director	$0	$0	$0
CRAIG BRUSE JR	EXAMINING BOARD	2.00	Director	$0	$0	$0
BENJAMIN FREY	EXECUTIVE BOARD	2.00	Director	$0	$0	$0
WALLACE KIDD	EXECUTIVE BOARD	2.00	Director	$0	$0	$0
STEVE KUNCELMAN	EXECUTIVE BOARD	2.00	Director	$0	$0	$0
STEVE PANKOWSKI	EXECUTIVE BOARD	2.00	Director	$1,321	$0	$1,321
THOMAS MANNON	EXECUTIVE BOARD	2.00	Director	$0	$0	$0
CHARLES A ELLIOT V	TREASURER/BUS. REP	40.00	Officer	$187,306	$87,419	$274,725
CHRISTOPHER WENTZEL	VICE PRESIDENT/ ASST. BUS.	40.00	Officer	$195,236	$90,943	$286,179
RICHARD MUTTIK	BUSINESS MANAGER/ FIN. SEC	40.00	Officer	$237,316	$100,736	$338,052
STEVE LUTZ	RECORDING SECRETARY	2.00	Officer	$0	$0	$0
BERNIE KEPHART	ASST. BUSINESS MANAGER	40.00	Highest	$192,547	$90,932	$283,479
VICTORIA RUBRIGHT	ADMINISTRATOR	40.00	Highest	$139,797	$49,938	$189,735
CHRISTOPHER VANDEGRIFT	BUS. REP.	40.00	Highest	$193,321	$90,935	$284,256
CHRISTOPHER SMITLEY	BUS. REP.	40.00	Highest	$193,449	$90,935	$284,384
BRUCE COLLINS	BUS. REP.	40.00	Highest	$108,771	$67,546	$176,317

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	$11,786,296	$5,600,820	$48,195,437	$6,185,476
2023	$10,849,587	$5,343,117	$42,154,201	$5,506,470
2022	$9,510,188	$4,798,386	$36,760,499	$4,711,802
2021	$9,884,469	$4,074,776	$31,994,004	$5,809,693
2020	$9,464,294	$4,224,786	$26,181,777	$5,239,508
2019	$8,365,352	$3,992,089	$20,918,496	$4,373,263

LOCAL UNION NO 126 INT'L BROTHERHOOD OF ELECTRICAL WORKERS