INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 688

EIN: 340308347

MANSFIELD, OH

Total Revenue
$853,248
Total Expenses
$673,193
Total Assets
$438,423
Net Assets
$433,292
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
OH
Principal Officer
BRIAN MCPEEK
Phone
4195264688
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 688, founded in 1950, is a small nonprofit that reported $853K in total revenue in fiscal year 2025. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $180K, a strong 21% operating margin.

Mission

TO ORGANIZE WORKERS IN ORDER TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH NEGOTIATIONS AND COLLECTIVE BARGAINING

Program Service Accomplishments

Program 1

THE LABOR UNION ORGANIZES WORKERS TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH NEGOTIATIONS AND COLLECTIVE BARGAINING

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $842,008
Investment Income $4,029
Other Revenue $7,211
TOTAL REVENUE $853,248

Expense Breakdown

Grants Paid $0
Salaries & Benefits $315,559
Fundraising Expenses $0
Other Expenses $357,634
TOTAL EXPENSES $673,193

Year-over-Year Comparison

2025 2024 Change
Revenue $853,248 $551,752 +0.5%
Expenses $673,193 $595,293 +0.1%
Net Income $180,055 $-43,541 -5.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
2
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
5
$299,343
Total Directors
11
$142,515
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNIE HANKINS PRESIDENT 1.00
Officer Director
$1,973 $0 $1,973
BRIAN MCPEEK BUSINESS MAN 40.00
Officer
$111,706 $45,624 $157,330
DAVID CARNES TREASURER 40.00
Officer Director
$93,739 $45,624 $139,363
JOHN REYNA VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JARRETT EAGLESTON SECRETARY 1.00
Officer Director
$677 $0 $677
ADAM HEYDINGER EXECUTIVE BO 1.00
Director
$502 $0 $502
DANE HART EXECUTIVE BO 1.00
Director
$0 $0 $0
MARK KARBULA EXECUTIVE BO 1.00
Director
$0 $0 $0
JOSH LEWIS EXECUTIVE BO 1.00
Director
$0 $0 $0
CLAY NEAL EXECUTIVE BO 1.00
Director
$0 $0 $0
KYLE SNOW EXECUTIVE BO 1.00
Director
$0 $0 $0
TODD WILTROUT EXECUTIVE BO 1.00
Director
$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 $853,248 $673,193 $438,423 $180,055
2024 $551,752 $595,293 $253,237 $-43,541
2023 $549,536 $539,414 $297,628 $10,122
2022 $532,596 $509,590 $286,656 $23,006
2021 $539,959 $512,556 $263,650 $27,403
2020 $442,370 $466,741 $236,247 $-24,371
2019 $543,193 $493,718 $260,618 $49,475
2018 $525,629 $469,591 $213,340 $56,038
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