INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 153 (EIN 350415630) - 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

MICHAEL LEDA

Phone

5742878655

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 153, founded in 1914, is a mid-sized nonprofit that reported $16.1M in total revenue in fiscal year 2025. Revenue surged 225% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.2M, a strong 75% operating margin.

Mission

LABOR UNION

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $15,635,976

Investment Income $268,810

Other Revenue $211,935

TOTAL REVENUE $16,116,721

Expense Breakdown

Grants Paid $48,471

Salaries & Benefits $1,653,286

Fundraising Expenses $0

Other Expenses $2,220,578

TOTAL EXPENSES $3,951,835

Year-over-Year Comparison

	2025	2024	Change
Revenue	$16,116,721	$4,956,877	+2.3%
Expenses	$3,951,835	$2,777,179	+0.4%
Net Income	$12,164,886	$2,179,698	+4.6%

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

$475,906

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LEDA	BUSINESS MANAGER	45.00	Officer	$131,518	$63,273	$194,791
RICHARD ERICKSON II	EXECUTIVE BOARD	1.00	Officer	$2,922	$683	$3,605
AARON WILLIAMS	EXECUTIVE BOARD	0.50	Officer	$4,407	$1,330	$5,737
DANIEL CHLEBOWSKI	EXECUTIVE BOARD	0.50	Officer	$3,356	$789	$4,145
JOSHUA MCCARTNEY	VICE PRESIDENT (N); E BOARD (P)	0.50	Officer	$4,540	$1,420	$5,960
MICHAEL NEEDHAM	EXECUTIVE BOARD - PAST	45.00	Officer	$116,497	$53,121	$169,618
MARK RUPPERT	EXECUTIVE BOARD - PAST	0.50	Officer	$1,044	$0	$1,044
BRENDA STEVENS	EXECUTIVE BOARD - PAST	0.50	Officer	$172	$0	$172
BENJAMIN BACHUS	EXECUTIVE BOARD - NEW	0.50	Officer	$5,398	$2,402	$7,800
GABRIELLE BENNETT	EXECUTIVE BOARD - NEW	0.50	Officer	$2,852	$1,526	$4,378
JAMES BUCKLEY	EXECUTIVE BOARD (N); VP (P)	0.50	Officer	$7,454	$3,234	$10,688
DANIEL ODVIAR	EXECUTIVE BOARD (N); EXAM BOARD (P)	0.50	Officer	$8,237	$4,654	$12,891
KEVIN WOODING	PRESIDENT - PAST	1.50	Officer	$1,536	$739	$2,275
KATHRYN BENNITT	PRESIDENT (N); VP (P)	2.00	Officer	$12,663	$4,913	$17,576
JOHN JACOBS	RECORDING SECRETARY	1.50	Officer	$3,222	$0	$3,222
MARK THOMPSON	TREASURER - PAST	1.00	Officer	$516	$0	$516
ERIC RUTKOWSKI	TREASURER - NEW	1.00	Officer	$3,870	$629	$4,499
CHARLES BUCK II	EXAM BOARD	0.50	Officer	$408	$228	$636
BRETT ROCOLE	EXAM BOARD	0.50	Officer	$9,972	$5,814	$15,786
DAVID ELDER	EXAM BOARD - PAST	0.50	Officer	$0	$0	$0
DENNIS MANUWAL III	EXAM BOARD - PAST	0.50	Officer	$2,006	$1,323	$3,329
BRIAN ALBRIGHT	EXAM BOARD - NEW	0.50	Officer	$2,182	$783	$2,965
JOSEPH BAUMEISTER	EXAM BOARD - NEW	0.50	Officer	$2,125	$1,198	$3,323
BRIAN MATTIMORE	EXAM BOARD - NEW	0.50	Officer	$638	$312	$950
ROBERT BANASZAK	MEMBERSHIP DEVELOPMENT	45.00	Highest	$121,456	$60,450	$181,906
MAX WARREN	MEMBERSHIP DEVELOPMENT	45.00	Highest	$121,456	$60,450	$181,906
JASON PIONTEK	MEMBERSHIP DEVELOPMENT	45.00	Highest	$121,456	$60,450	$181,906
ZACHARY LESHMAN	MEMBERSHIP DEVELOPMENT	45.00	Highest	$121,456	$60,450	$181,906

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	$16,116,721	$3,951,835	$22,171,362	$12,164,886
2024	$4,956,877	$2,777,179	$10,011,178	$2,179,698
2023	$3,463,973	$2,546,898	$7,829,251	$917,075
2022	$3,072,384	$2,351,177	$6,909,764	$721,207
2021	$2,765,881	$2,130,715	$6,188,863	$635,166
2020	$2,365,332	$2,090,481	$5,553,672	$274,851
2019	$2,705,600	$2,056,511	$5,278,441	$649,089
2018	$2,483,779	$1,897,041	$4,950,487	$586,738

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 153