INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1105 (EIN 314397585) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1920

Legal Domicile

Principal Officer

WILLIAM HAMILTON

Phone

7404542304

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1105, founded in 1920, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 155% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 43% operating margin.

Mission

TO ORGANIZE WORKERS FOR BETTER WORKING CONDITIONS, WAGES AND BENEFITS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,951,798

Investment Income $924,147

Other Revenue $24,367

TOTAL REVENUE $6,900,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,675,771

Fundraising Expenses $0

Other Expenses $2,247,456

TOTAL EXPENSES $3,923,227

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,900,312	$2,708,191	+1.5%
Expenses	$3,923,227	$2,275,856	+0.7%
Net Income	$2,977,085	$432,335	+5.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$417,141

Total Directors

$835,698

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HAMILTON	BUSINESS MAN	40.00	Officer Director	$171,140	$62,420	$233,560
DAVE SPRANKLE	PRESIDENT	8.00	Officer Director	$10,268	$3,355	$13,623
JAMES MILLER	VICE PRESIDE	8.00	Officer Director	$0	$121	$121
NICK HAMILTON	RECORDING SE	40.00	Officer Director	$112,841	$52,276	$165,117
MATT CORNETT	TREASURER	8.00	Officer Director	$4,522	$198	$4,720
AARON DAVIS	EXECUTIVE BO	8.00	Director	$37,705	$13,302	$51,007
BRYAN LABAKI	EXECUTIVE BO	8.00	Director	$17,640	$9,006	$26,646
MICHAEL SCHNEIDER II	EXECUTIVE BO	40.00	Director	$97,762	$51,341	$149,103
JAMES STRICKLER	EXAMINING BO	8.00	Director	$2,994	$266	$3,260
JAY SCHNEIDER	EXAMINING BO	8.00	Director	$2,627	$194	$2,821
TIM WOOD	EXAMINING BO	8.00	Director	$3,376	$0	$3,376
DESMOND GORDON	EXECUTIVE BO	8.00	Director	$2,090	$1,307	$3,397
JASON WEST	EXECUTIVE BO	8.00	Director	$9,065	$586	$9,651
COLTON JORDAN	EXECUTIVE BO	40.00	Director	$101,679	$48,802	$150,481
TRACEY JORDAN	EXECUTIVE BO	8.00	Director	$13,228	$2,321	$15,549
CHASE MCFADDEN	EXAMINING BO	8.00	Director	$2,386	$266	$2,652
KYLE DALE	EXAMINING BO	8.00	Director	$614	$0	$614

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	$6,900,312	$3,923,227	$8,853,850	$2,977,085
2023	$2,708,191	$2,275,856	$6,348,823	$432,335
2022	$2,870,502	$2,026,062	$5,590,076	$844,440
2021	$2,590,205	$1,191,714	$5,119,936	$1,398,491
2020	$1,902,873	$1,087,331	$3,625,030	$815,542
2019	$1,746,460	$980,485	$2,758,773	$765,975
2018	$1,382,628	$957,150	$1,872,925	$425,478

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1105