INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 117 (EIN 361264212) - 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

1902

Legal Domicile

Principal Officer

JESSE LENART

Phone

8478547200

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 117, founded in 1902, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $3.3M represent 28 months of operating reserves.

Mission

TO ORGANIZE ELECTRICAL INDUSTRY WORKERS IN THE 117 VICINITY; TO PROMOTE REASONABLE WORK METHODS; TO CULTIVATE FRIENDSHIP IN THE INDUSTRY; AND TO SEEK A HIGHER STANDARD OF LIVING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,164,381

Investment Income $152,782

Other Revenue $75,497

TOTAL REVENUE $1,392,660

Expense Breakdown

Grants Paid $0

Salaries & Benefits $818,510

Fundraising Expenses $0

Other Expenses $587,344

TOTAL EXPENSES $1,405,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,392,660	$1,261,480	+0.1%
Expenses	$1,405,854	$1,271,406	+0.1%
Net Income	$-13,194	$-9,926	+0.3%

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

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

$579,875

Total Directors

$579,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE LENART	BUS MGR/SECY	41.00	Officer Director	$179,511	$98,257	$277,768
JONATHAN NELSON	PRESIDENT	41.00	Officer Director	$150,546	$87,445	$237,991
CORY BAUER	VICE PRESIDE	1.00	Officer Director	$64,116	$0	$64,116
CRAIG TRONGEAU	REC. SECY	1.00	Officer Director	$0	$0	$0
RAYMOND PIERONI	TREASURER	1.00	Officer Director	$0	$0	$0
KYLE HORN	EXECUTIVE BO	1.00	Director	$0	$0	$0
DEAN JOHNSON	EXECUTIVE BO	1.00	Director	$0	$0	$0
WADE PETRIAK	EXECUTIVE BO	1.00	Director	$0	$0	$0
SCOTT MCKEE	EXECUTIVE BO	1.00	Director	$0	$0	$0
DAVE FORNEAR	EXECUTIVE BO	1.00	Director	$0	$0	$0
PETER ROLOW	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
2024	$1,392,660	$1,405,854	$3,293,688	$-13,194
2023	$1,261,480	$1,271,406	$3,335,107	$-9,926
2022	$1,125,709	$1,327,799	$3,238,466	$-202,090
2021	$1,193,593	$1,215,774	$3,673,194	$-22,181
2020	$1,090,221	$1,283,230	$3,775,561	$-193,009
2019	$1,052,381	$1,186,129	$3,739,078	$-133,748
2018	$947,429	$978,207	$3,753,783	$-30,778

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 117