INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 196

EIN: 361264210

HUNTLEY, IL

Total Revenue
$4,523,266
Total Expenses
$3,854,117
Total Assets
$12,864,017
Net Assets
$11,723,225
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1931
Legal Domicile
IL
Principal Officer
DEREK LUETGERT
Phone
6307611829
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO 196, founded in 1931, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 15% surplus.

Mission

TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITIONS AND STATUS.

Program Service Accomplishments

Program 1

TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL, AND SOCIAL ADVANCEMENT OF THEIR CONDITIONS AND STATUS. THERE WERE 1,632 MEMBERS AT YEAR END.

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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 $3,907,174
Investment Income $455,257
Other Revenue $160,835
TOTAL REVENUE $4,523,266

Expense Breakdown

Grants Paid $76,364
Salaries & Benefits $1,679,034
Fundraising Expenses $0
Other Expenses $2,098,719
TOTAL EXPENSES $3,854,117

Year-over-Year Comparison

2025 2024 Change
Revenue $4,523,266 $3,622,570 +0.2%
Expenses $3,854,117 $3,387,187 +0.1%
Net Income $669,149 $235,383 +1.8%
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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Governance

Voting Members
8
Independent Members
7
Employees
9
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
14
$571,074
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB WHITE PRESIDENT 3.00
Officer
$0 $0 $0
TROY HARRINGTON TREASURER 3.00
Officer
$0 $0 $0
KIRBY KLIEMANN E-BOARD 3.00
Officer
$0 $0 $0
DEREK LEUTGERT FINANCIAL SECRETARY/BUSINE 40.00
Officer
$204,749 $92,656 $297,405
DAN HEALY VICE PRESIDENT 3.00
Officer
$0 $0 $0
JOHN KIRBY EXAMINING BOARD 3.00
Officer
$0 $0 $0
GARRETT SULLIVAN FORMER EXAMINING BOARD 3.00
Officer
$0 $0 $0
MIKE RAMSEY FORMER EXAMINING BOARD 3.00
Officer
$0 $0 $0
EDWARD REGELBRUGGE E-BOARD 3.00
Officer
$0 $0 $0
JAKE BLANK E-BOARD 3.00
Officer
$0 $0 $0
SEAN DEBAETS RECORDING SECRETARY 3.00
Officer
$0 $0 $0
KYLE HODGES EXAMINING BOARD 3.00
Officer
$0 $0 $0
GERALD ZOLLER EXAMINING BOARD 3.00
Officer
$0 $0 $0
TODD WILLIAMS FORMER REC SECRY/ASST BUS MGR 40.00
Officer
$187,028 $86,641 $273,669
MIKE CASSIDY ASSISTANT BUSINESS MANAGER 40.00
Highest
$187,607 $86,641 $274,248
JUDITH MARTINEZ OFFICE MANAGER 40.00
Highest
$110,661 $45,287 $155,948
RYAN RUSSO MEMBERSHIP DEVELOPMENT 40.00
Highest
$146,094 $61,115 $207,209
MARTIN A ALVARADO UTILITY REPRESENTATIVE 40.00
Highest
$105,449 $42,548 $147,997
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 $4,523,266 $3,854,117 $12,864,017 $669,149
2024 $3,622,570 $3,387,187 $11,168,950 $235,383
2023 $3,837,590 $2,907,866 $10,720,376 $929,724
2022 $3,250,789 $2,534,288 $9,566,785 $716,501
2021 $3,324,339 $2,054,935 $8,984,999 $1,269,404
2020 $2,932,083 $2,153,098 $7,700,774 $778,985
2019 $2,443,092 $1,902,853 $6,907,116 $540,239
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