INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #51 (EIN 370605064) - 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

1980

Legal Domicile

Principal Officer

ROBERT WEDELL

Phone

2177268481

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #51, founded in 1980, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2025.

Mission

TO ORGANIZE ALL WORKERS UNDER ITS JURISDICTION, PROMOTE SAFE AND REASONABLE METHODS AND HOURS OF WORK, SECURE EMPLOYMENT, SETTLE DISPUTES BETWEEN EMPLOYERS AND EMPLOYEES AND SEEK HIGHER STANDARDS OF LIVING FOR THE INDIVIDUAL.

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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 $4,253,113

Investment Income $92,032

Other Revenue $20,916

TOTAL REVENUE $4,366,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,420,666

Fundraising Expenses $0

Other Expenses $2,088,656

TOTAL EXPENSES $4,509,322

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,366,061	$4,105,662	+0.1%
Expenses	$4,509,322	$4,366,323	+0.0%
Net Income	$-143,261	$-260,661	-0.5%

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

176

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

$298,055

Total Directors

$336,532

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL WHEELER	PRESIDENT	1.00	Officer Director	$4,238	$0	$4,238
STACEY HECKMAN	RECORDING SECRETARY	1.00	Officer Director	$2,954	$0	$2,954
JONATHAN LOVEL	TREASURER	1.00	Officer Director	$2,265	$0	$2,265
ROBERT WEDELL	BUSINESS MANAGER/FIN. SEC.	40.00	Officer Director	$186,835	$62,867	$249,702
CHRIS BLOUNT	EXECUTIVE BOARD	1.00	Director	$1,162	$0	$1,162
BRIAN COURTWRIGHT	EXECUTIVE BOARD	1.00	Director	$2,940	$0	$2,940
COLTON BEAMS	VICE PRESIDENT	1.00	Officer Director	$869	$0	$869
BRADLEY HOCKERSMITH	EXECUTIVE BOARD	1.00	Director	$3,212	$0	$3,212
DAVID STURGILL	EXECUTIVE BOARD	1.00	Director	$2,112	$0	$2,112
WAYNE REEL	EXECUTIVE BOARD	1.00	Director	$1,858	$0	$1,858
PAUL KOEHLER	EXECUTIVE BOARD	1.00	Director	$2,516	$0	$2,516
THOMAS LANGLEY	EXECUTIVE BOARD	1.00	Director	$2,218	$0	$2,218
SCOTT PATTERSON	EXECUTIVE BOARD	1.00	Director	$1,891	$0	$1,891
CLINT PLUMMER	EXECUTIVE BOARD	1.00	Director	$3,814	$0	$3,814
MEGAN TURNER	EXECUTIVE BOARD	1.00	Director	$353	$0	$353
NICK WHITE	EXECUTIVE BOARD	1.00	Director	$1,997	$0	$1,997
BRIAN SCHOENBECK	EXECUTIVE BOARD	1.00	Director	$3,513	$0	$3,513
GERALD SCOTT	EXECUTIVE BOARD	1.00	Director	$2,540	$0	$2,540
WILSON BARTELS	EXECUTIVE BOARD	1.00	Director	$1,439	$0	$1,439
ROBERT COLBY	PRESIDENT - FORMER	1.00	Officer Director	$2,660	$0	$2,660
DANIEL HANEY	TREASURER - FORMER	1.00	Officer Director	$269	$0	$269
BRIAN ABRAHAM	EXECUTIVE BOARD - FORMER	1.00	Director	$2,004	$0	$2,004
CLAY DAVIDSON	VICE PRESIDENT - FORMER	1.00	Officer Director	$35,098	$0	$35,098
CHRISTIAN BENAD	EXECUTIVE BOARD - FORMER	1.00	Director	$1,019	$0	$1,019
THOMAS HOCKING	EXECUTIVE BOARD - FORMER	1.00	Director	$455	$0	$455
MATTHEW SIMPKINS	EXECUTIVE BOARD - FORMER	1.00	Director	$583	$0	$583
DARRIN WHITE	EXECUTIVE BOARD - FORMER	1.00	Director	$1,326	$0	$1,326
DARREN WHITE	EXECUTIVE BOARD - FORMER	1.00	Director	$1,525	$0	$1,525
WES HECKMAN	BUSINESS REP	40.00	Highest	$164,825	$58,614	$223,439
JAMES DOOLEY	BUSINESS REP	40.00	Highest	$163,971	$58,614	$222,585
COREY STONE	BUSINESS REP	40.00	Highest	$172,575	$60,616	$233,191
ANTHONY COOK	BUSINESS REP	40.00	Highest	$164,813	$58,614	$223,427
KARLENE KNISLEY	BUSINESS REP	40.00	Highest	$164,189	$58,614	$222,803

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	$4,366,061	$4,509,322	$3,955,428	$-143,261
2024	$4,105,662	$4,366,323	$4,063,470	$-260,661
2023	$4,155,618	$4,183,830	$4,322,628	$-28,212
2022	$4,035,212	$4,126,198	$4,339,457	$-90,986
2021	$4,020,254	$3,937,903	$4,422,904	$82,351
2020	$4,148,965	$4,032,937	$4,344,162	$116,028
2019	$4,182,505	$4,235,399	$4,289,132	$-52,894
2018	$4,166,737	$4,059,616	$4,325,149	$107,121

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #51