INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL #1106 (EIN 381624572) - 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

1975

Legal Domicile

Principal Officer

ERIC FLEET

Phone

5173740919

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL #1106, founded in 1975, is a small nonprofit that reported $300K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $426K exceeded revenue, resulting in a 42% operating deficit.

Mission

COLLECTIVE BARGAINING AND REPRESENTATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $258,847

Investment Income $32,058

Other Revenue $9,276

TOTAL REVENUE $300,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $288,382

Fundraising Expenses $0

Other Expenses $138,029

TOTAL EXPENSES $426,411

Year-over-Year Comparison

	2023	2022	Change
Revenue	$300,181	$365,386	-0.2%
Expenses	$426,411	$457,262	-0.1%
Net Income	$-126,230	$-91,876	+0.4%

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

$167,403

Total Directors

$24,703

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN HITE	EXECUTIVE BOARD	2.00	Director	$3,226	$0	$3,226
JEFF SCHULZ	EXECUTIVE BOARD	2.00	Director	$2,368	$0	$2,368
SAM LEYDIG	EXECUTIVE BOARD	2.00	Director	$1,345	$0	$1,345
MICHAEL FAULKINER JR	EXECUTIVE BOARD	2.00	Director	$3,066	$0	$3,066
MIKE DOAN	EXECUTIVE BOARD	2.00	Director	$2,921	$0	$2,921
ALAN DREYER	EXECUTIVE BOARD	2.00	Officer Director	$3,140	$0	$3,140
COLE BUCKHOLD	PRESIDENT	2.00	Officer Director	$3,643	$0	$3,643
ROBERT SPRAGUE	VICE PRESIDENT	2.00	Officer Director	$2,016	$0	$2,016
SCOTT DEBRULER JR	RECORDING SECRETARY/TREASURER	2.00	Officer Director	$2,978	$0	$2,978
ERIC FLEET	BUSINESS MANAGER	60.00	Officer	$126,705	$28,921	$155,626

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	No data	No data	No data	No data
2024	$300,181	$426,411	$936,505	$-126,230
2023	$365,386	$457,262	$1,055,731	$-91,876
2022	$386,890	$454,504	$1,174,283	$-67,614
2021	$335,238	$420,107	$1,429,506	$-84,869
2020	$344,326	$455,380	$1,398,716	$-111,054
2019	$404,992	$440,895	$1,544,182	$-35,903

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL #1106