IBEW LOCAL UNION NO 15 (EIN 363947727) - 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

1994

Legal Domicile

Principal Officer

CHRIS RISER

Phone

6305150381

Tax Period

2025-01-01 to 2025-12-31

IBEW LOCAL UNION NO 15, founded in 1994, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2025. Expenses of $7.2M left a modest 10% surplus.

Mission

THE LOCAL REPRESENTS ITS MEMBERSHIP TO MAINTAIN STANDARDS,PROVIDE SECURITY, NEGOTIATE FAIR WAGES AND ARBITRATE DIFFERENCES BETWEEN MANAGEMENT AND LABOR. THE ORGANIZATION HAD A MEMBERSHIP OF 5,176 AT THE END OF THE REPORTING PERIOD.

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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 $7,576,715

Investment Income $471,905

Other Revenue $0

TOTAL REVENUE $8,048,620

Expense Breakdown

Grants Paid $16,580

Salaries & Benefits $4,218,324

Fundraising Expenses $0

Other Expenses $2,996,102

TOTAL EXPENSES $7,231,006

Year-over-Year Comparison

	2025	2024	Change
Revenue	$8,048,620	$7,621,273	+0.1%
Expenses	$7,231,006	$7,009,983	+0.0%
Net Income	$817,614	$611,290	+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

N/A

Employees

314

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

$581,722

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM TIBBLES RESIGNED	EXECUTIVE BOARD	3.00	Officer	$2,660	$0	$2,660
BENJAMIN BUSSER	VP/SR ASST BUS MGR/ EXEC B	40.00	Officer	$228,068	$6,656	$234,724
GEORGE LONGORIA	TREASURER	3.00	Officer	$11,481	$0	$11,481
JASON GRABLE	EXECUTIVE BOARD	3.00	Officer	$9,977	$0	$9,977
GLADYS NEGRON	RECORDING SECRETARY/EXEC B	3.00	Officer	$13,889	$0	$13,889
TIM BILLS	EXECUTIVE BOARD	3.00	Officer	$7,958	$0	$7,958
OSCAR SANCHEZ	EXECUTIVE BOARD	3.00	Officer	$6,509	$0	$6,509
WILLIAM HAWKER RESIGNED	EXECUTIVE BOARD	3.00	Officer	$6,490	$0	$6,490
CHRIS RISER	PRES/BUS MGR/FIN SEC	40.00	Officer	$242,056	$7,626	$249,682
BRENDAN CROWLEY RESIGNED	EXECUTIVE BOARD	3.00	Officer	$4,114	$0	$4,114
JAMES GLIDIC	EXECUTIVE BOARD	3.00	Officer	$7,581	$0	$7,581
PETER AGRUSA	EXECUTIVE BOARD	3.00	Officer	$7,152	$0	$7,152
ANTHONY TRENTADUE	EXECUTIVE BOARD	3.00	Officer	$8,952	$0	$8,952
BRIAN HALE	EXECUTIVE BOARD	3.00	Officer	$10,553	$0	$10,553
LISA SIMS	BUSINESS REP	40.00	Highest	$200,905	$5,728	$206,633
MICHAEL FREEMAN	BUSINESS REP/SR ASST BUS M	40.00	Highest	$222,305	$8,801	$231,106
FABIAN VELA	BUSINESS REP	40.00	Highest	$201,132	$8,826	$209,958
JAMES W COLLINS	BUSINESS REP/SR ASST BUS M	40.00	Highest	$222,913	$8,376	$231,289
JOHN BRIAN DANIELS	BUSINESS REP	40.00	Highest	$204,529	$3,714	$208,243

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	$8,048,620	$7,231,006	$15,449,613	$817,614
2024	$7,621,273	$7,009,983	$13,968,549	$611,290
2023	$7,182,729	$6,466,895	$13,096,712	$715,834
2022	$7,137,950	$6,095,787	$11,805,861	$1,042,163
2021	$7,157,709	$6,115,276	$12,730,503	$1,042,433
2020	$6,771,590	$5,894,495	$11,869,420	$877,095
2019	$6,582,260	$6,279,898	$10,603,579	$302,362

IBEW LOCAL UNION NO 15