INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 906 LOCAL UNION (EIN 386103093) - 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

Principal Officer

ANTHONY ZAR

Phone

9062267497

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 906 LOCAL UNION is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $358K, a strong 25% operating margin.

Mission

THE UNION PROMOTES THE WELFARE OF ITS MEMBERS.

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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 $1,347,972

Investment Income $73,064

Other Revenue $10,634

TOTAL REVENUE $1,431,670

Expense Breakdown

Grants Paid $0

Salaries & Benefits $597,903

Fundraising Expenses $0

Other Expenses $475,933

TOTAL EXPENSES $1,073,836

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,431,670	$1,278,728	+0.1%
Expenses	$1,073,836	$1,087,125	0.0%
Net Income	$357,834	$191,603	+0.9%

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

$244,986

Total Directors

$90,687

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY ZAR	PRESIDENT	2.00	Officer Director	$1,355	$0	$1,355
COLLIN FLEURY	TREASURER	2.00	Officer Director	$51,856	$29,606	$81,462
MARK RASMUSSEN	RECORDING SE	1.00	Officer Director	$1,355	$0	$1,355
JEFF DEMARSE	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
COLE KOSITZKY	EXECUTIVE BO	0.50	Director	$452	$0	$452
KALEB COLLINS	EXECUTIVE BO	1.00	Director	$452	$0	$452
KEVIN HOGAN	EXECUTIVE BO	0.50	Director	$452	$0	$452
KOREY HANSON	EXECUTIVE BO	1.00	Director	$2,207	$0	$2,207
WOLFF BELANGER	EXECUTIVE BO	0.50	Director	$1,958	$994	$2,952
KURTIS MONROE	BUSINESS MAN	44.00	Officer	$102,169	$58,645	$160,814

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	$1,431,670	$1,073,836	$2,584,672	$357,834
2022	$1,096,056	$1,037,196	$1,944,177	$58,860
2021	$942,294	$827,549	$1,891,865	$114,745
2020	$839,304	$709,241	$1,777,294	$130,063
2019	$1,053,363	$913,413	$1,650,828	$139,950
2018	$1,337,394	$808,058	$1,528,131	$529,336

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 906 LOCAL UNION