IBEW LOCAL 364-NECA ELEC IND LABOR MANAGEMENT COOPERATION COMMITTEE (EIN 363901267) - 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

1993

Legal Domicile

Principal Officer

CRAIG MEITER

Phone

8158748400

Tax Period

2024-06-01 to 2025-05-31

IBEW LOCAL 364-NECA ELEC IND LABOR MANAGEMENT COOPERATION COMMITTEE, founded in 1993, is a small nonprofit that reported $905K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $842K left a modest 7% surplus.

Mission

IMPROVE COMMUNICATION BETWEEN LABOR AND MANAGEMENT.

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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 $800,441

Program Service Revenue $0

Investment Income $97,480

Other Revenue $7,054

TOTAL REVENUE $904,975

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $776,683

Other Expenses $841,926

TOTAL EXPENSES $841,926

Year-over-Year Comparison

	2024	2023	Change
Revenue	$904,975	$1,065,319	-0.2%
Expenses	$841,926	$659,138	+0.3%
Net Income	$63,049	$406,181	-0.8%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG MEITER	DIRECTOR	3.00	Director	$0	$0	$0
CHRIS MOLANDER	CHAIR	3.00	Officer Director	$0	$0	$0
NICK PERKO	DIRECTOR	3.00	Director	$0	$0	$0
DARRELL SHEIK	DIRECTOR	3.00	Director	$0	$0	$0
JIM SWEDBERG	SECRETARY	3.00	Officer Director	$0	$0	$0
PAT TOMLIN	DIRECTOR	3.00	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
2025	$904,975	$841,926	$2,553,684	$63,049
2024	$1,065,319	$659,138	$2,490,635	$406,181
2023	$905,548	$636,697	$2,084,454	$268,851
2022	$733,425	$472,611	$1,815,603	$260,814
2021	$388,325	$549,633	$1,554,789	$-161,308

IBEW LOCAL 364-NECA ELEC IND LABOR MANAGEMENT COOPERATION COMMITTEE