INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 1377

EIN: 340643105

NORTH RIDGEVILLE, OH

Total Revenue
$258,779
Total Expenses
$249,235
Total Assets
$51,828
Net Assets
$51,273
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
OH
Principal Officer
MICHAEL LASKA
Phone
2166511377
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 1377, founded in 1944, is a small nonprofit that reported $259K in total revenue in fiscal year 2023. Expenses of $249K left a modest 4% surplus.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $204,665 Revenue: $258,183

TO ORGANIZE ALL WORKERS AND TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZING, 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $258,183
Investment Income $596
Other Revenue $0
TOTAL REVENUE $258,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,249
Fundraising Expenses $0
Program Expenses $204,665
Other Expenses $89,986
TOTAL EXPENSES $249,235

Year-over-Year Comparison

2023 2022 Change
Revenue $258,779 $245,457 +0.1%
Expenses $249,235 $243,286 +0.0%
Net Income $9,544 $2,171 +3.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
236
Independent Members
4
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
3
$2,700
Total Directors
6
$2,547
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL LASKA TREAS/SEC 10.00
Officer
$1,260 $0 $1,260
RICHARD PHILLIPS PRESIDENT 10.00
Officer
$840 $0 $840
KEVIN BUNDAY VP 10.00
Officer
$600 $0 $600
JAMES CASCIANO EXECUTIVE BO 2.00
Director
$480 $0 $480
CHAD HOERT EXECUTIVE BO 2.00
Director
$480 $0 $480
RICHARD MATZELLE EXECUTIVE BO 2.00
Director
$480 $0 $480
DENNIS HOERT CHIEF STEWAR 2.00
Director
$369 $0 $369
ALEKSEY KURCHIN CHIEF STEWAR 2.00
Director
$369 $0 $369
CARLOS RIVERA EXECUTIVE BO 2.00
Director
$369 $0 $369
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 $258,779 $249,235 $51,828 $9,544
2022 $245,457 $243,286 $42,019 $2,171
2021 $296,567 $544,408 $42,911 $-247,841
2020 $278,577 $266,016 $293,303 $12,561
2019 $344,620 $341,716 $277,227 $2,904
2018 $323,069 $364,548 $269,303 $-41,479
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