INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 712 (EIN 250568213) - 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

1914

Legal Domicile

Principal Officer

DECLAN PAPE

Phone

7247750969

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 712, founded in 1914, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Net assets of $22.5M represent 122 months of operating reserves.

Mission

THE MISSION OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION # 712 IS TO WORK FOR THE BETTERMENT OF CONDITIONS FOR THE UNION'S WORKERS, IMPROVE THE GRADE OF THE WORKERS' PRODUCTS, AND DEVELOP A HIGH LEVEL OF EFFICIENCY AND PRODUCTION IN THE WORKERS' RESPECTIVE OCCUPATIONS.

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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 $1,682,160

Investment Income $529,599

Other Revenue $4,135

TOTAL REVENUE $2,215,894

Expense Breakdown

Grants Paid $8,750

Salaries & Benefits $1,161,116

Fundraising Expenses $0

Other Expenses $1,213,377

TOTAL EXPENSES $2,383,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,215,894	$5,513,087	-0.6%
Expenses	$2,383,243	$2,304,413	+0.0%
Net Income	$-167,349	$3,208,674	-1.1%

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

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

$542,804

Total Directors

$542,804

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW COWIE	BUSINESS MANAGER/FINAN. SE EFFECTIVE 8/1	40.00	Officer Director	$135,082	$0	$135,082
FRANK TELESZ	BUSINESS MANAGER/FINAN. SE THRU 8/1	40.00	Officer Director	$85,767	$0	$85,767
JOHN KOCHANOWSKI	PRESIDENT / ASST BUSINESS MANAGER THRU 8/1	40.00	Officer Director	$70,822	$0	$70,822
DECLAN PAPE	PRESIDENT / ASST BUSINESS MANAGER EFFECTIVE 8/1	40.00	Officer Director	$109,265	$0	$109,265
JEFFREY HILL	VICE PRESIDENT EFFECTIVE 8/1	1.00	Officer Director	$3,538	$0	$3,538
LARRY NELSON	RECORDING SECRETARY EFFECTIVE 8/1	40.00	Officer Director	$130,532	$0	$130,532
RODNEY HILL	TREASURER	1.00	Officer Director	$4,770	$0	$4,770
ROBERT ALLISON	EXECUTIVE BOARD	1.00	Officer Director	$2,021	$0	$2,021
JOSEPH BRENNNAN	EXECUTIVE BOARD EFFECTIVE 8/1	1.00	Officer Director	$480	$0	$480
NICHOLAS CRISCI	EXECUTIVE BOARD EFFECTIVE 8/1	1.00	Officer Director	$527	$0	$527

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	No data	No data	No data	No data
2023	$2,215,894	$2,383,243	$29,684,702	$-167,349
2022	$5,513,087	$2,304,413	$21,159,684	$3,208,674
2021	$8,464,261	$2,059,979	$21,812,148	$6,404,282
2020	$5,243,510	$2,011,759	$14,097,599	$3,231,751
2019	$3,959,591	$1,762,148	$9,924,710	$2,197,443
2018	$1,828,890	$1,487,927	$6,502,501	$340,963

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 712