INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS SYSTEM COUNCIL NUMBER 7

EIN: 346003710

PHILADELPHIA, PA

Total Revenue
$1,618,191
Total Expenses
$1,188,974
Total Assets
$2,205,483
Net Assets
$2,171,860
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
PA
Principal Officer
ARTHUR DAVIDSON
Phone
2153361053
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS SYSTEM COUNCIL NUMBER 7, founded in 1922, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $429K, a strong 27% operating margin.

Mission

THE COUNCIL'S MISSION IS TO SUPPORT COLLECTIVE BARGAINING FOR ITS MEMBERS, CONDUCTING MEMBERSHIP MEETINGS, EDUCATION, ORGANIZING EVENTS TO FURTHER THE COMMON INTERESTS OF THE MEMBERSHIP.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,583,352
Investment Income $34,839
Other Revenue $0
TOTAL REVENUE $1,618,191

Expense Breakdown

Grants Paid $0
Salaries & Benefits $978,283
Fundraising Expenses $0
Other Expenses $209,847
TOTAL EXPENSES $1,188,974

Year-over-Year Comparison

2025 2024 Change
Revenue $1,618,191 $1,498,134 +0.1%
Expenses $1,188,974 $1,434,406 -0.2%
Net Income $429,217 $63,728 +5.7%
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

Sign In

Governance

Voting Members
9
Independent Members
6
Employees
11
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
$599,491
Total Directors
6
$16,386
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR DAVIDSON GENERAL CHRM 50.00
Officer
$178,513 $42,707 $221,220
STEVEN R CORRADO SECY-TREAS 50.00
Officer
$158,780 $41,326 $200,106
KENNETH KORZENIOWSKI VICE CHAIRMAN 40.00
Officer
$138,276 $39,889 $178,165
DAVID ORTIZ EXEC BOARD 2.00
Director
$3,433 $0 $3,433
John E Gallagher EXEC BOARD 2.00
Director
$3,208 $0 $3,208
JEFF CORMAN Exec Board 2.00
Director
$3,135 $0 $3,135
MICHAEL ALLEN EXEC BOARD 2.00
Director
$3,106 $0 $3,106
SEAN ROBERTS Exec Board 2.00
Director
$2,085 $0 $2,085
ANDREW MANNION Exec Board 2.00
Director
$1,419 $0 $1,419
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 $1,618,191 $1,188,974 $2,205,483 $429,217
2024 $1,498,134 $1,434,406 $1,769,584 $63,728
2023 $1,375,303 $1,196,460 $1,691,639 $178,843
2022 $1,335,499 $1,351,453 $1,529,675 $-15,954
2021 $1,303,439 $1,125,893 $1,544,635 $177,546
2020 $1,293,140 $1,119,601 $1,355,659 $173,539
2019 $1,289,403 $1,276,100 $1,189,172 $13,303
2018 $1,278,228 $1,353,271 $1,175,995 $-75,043
Explore More Nonprofits
→Top 100 Nonprofits in Pennsylvania →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS SYSTEM COUNCIL NUMBER 7 with other nonprofits in Pennsylvania and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.