INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL # 1600 (EIN 232017810) - 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

1976

Legal Domicile

Principal Officer

JOHN CLAUSIUS

Phone

6103958167

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL # 1600, founded in 1976, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024.

Mission

LOCAL UNION ESTABLISHED TO SUPPORT ITS MEMBERS VIA NEGOTIATION AND GRIEVANCE

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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 $2,037,343

Investment Income $6,321

Other Revenue $525

TOTAL REVENUE $2,044,189

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,253,059

Fundraising Expenses $0

Other Expenses $934,690

TOTAL EXPENSES $2,187,749

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,044,189	$2,033,028	+0.0%
Expenses	$2,187,749	$2,063,026	+0.1%
Net Income	$-143,560	$-29,998	+3.8%

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

$456,597

Total Directors

$23,921

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SEDORA	EXECUTIVE BOARD	5.00	Director	$1,475	$0	$1,475
ELLEN MAISONET	EXECUTIVE BOARD	5.00	Director	$1,070	$0	$1,070
KEVIN NEILES	EXECUTIVE BOARD	5.00	Director	$4,301	$0	$4,301
WENDY STOVER	EXECUTIVE BOARD (PAST)	5.00	Director	$0	$0	$0
BRAD WALLIZE	EXECUTIVE BOARD	5.00	Director	$0	$0	$0
JESS BECHTEL	EXECUTIVE BOARD	5.00	Director	$2,465	$0	$2,465
HERB EISENMAN	EXECUTIVE BOARD	5.00	Director	$2,500	$0	$2,500
KEN WITMER	EXECUTIVE BOARD	5.00	Director	$450	$0	$450
JIM COLLINS	EXECUTIVE BOARD	5.00	Director	$11,660	$0	$11,660
FRANK GRABOSKI	PRESIDENT (PAST)	45.00	Officer	$77,674	$5,162	$82,836
DONNA KANCSAL	SECRETARY	5.00	Officer	$3,600	$0	$3,600
JANE BIEVER	TREASURER	40.00	Officer	$137,234	$43,694	$180,928
JOHN CLAUSIUS	PRESIDENT	45.00	Officer	$157,484	$31,749	$189,233
RONALD WEBB	VICE PRESIDENT	45.00	Highest	$146,654	$21,082	$167,736
GENE LETTICH	UNION BUSINESS REPRESENTATIVE	40.00	Highest	$138,655	$34,650	$173,305
RYAN HARRIS	UNION BUSINESS REPRESENTATIVE	40.00	Highest	$117,518	$24,897	$142,415

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
2024	$2,044,189	$2,187,749	$619,390	$-143,560
2023	$2,033,028	$2,063,026	$781,520	$-29,998
2022	$1,945,939	$2,064,060	$793,540	$-118,121
2021	$1,973,007	$2,006,187	$896,540	$-33,180
2020	$1,984,351	$1,840,576	$946,188	$143,775
2019	$2,019,395	$2,008,823	$821,546	$10,572
2018	$2,137,619	$2,231,722	$788,048	$-94,103

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL # 1600