LOCAL NO 494 INTERNATIONAL BROTHERHOOD (EIN 390260870) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1911

Legal Domicile

Principal Officer

JOHN JACOBS

Phone

4143275202

Tax Period

2023-01-01 to 2023-12-31

LOCAL NO 494 INTERNATIONAL BROTHERHOOD, founded in 1911, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $3.6M left a modest 8% surplus.

Mission

TOGETHER, WE WILL PROVIDE QUALITY ELECTRICAL SERVICES WITH HIGHLY TRAINED AND HARD WORKING MEMBERS OF THE IBEW/ NECA TEAM. WE WILL EARN THE RESPECT OF OUR CUSTOMERS AND COMMUNITY BY BEING INNOVATIVE, RESPONSIVE, PRODUCTIVE AND COST EFFECTIVE. TO ASSURE THAT EVERY ELECTRICAL WORKER IN THE ELECTRICAL INDUSTRY ENJOYS THE FULL BENEFITS OF I.B.E.W. REPRESENTATION AND MEMBERSHIP FOR A BETTER QUALITY OF LIFE. TO ACHIEVE POWER TO NEGOTIATE THE TERMS AND CONDITIONS OF EMPLOYMENT OF EVERY ELECTRICAL WORKER FOR A BETTER STANDARD OF LIVING. TO ELEVATE THE ECONOMIC, POLITICAL AND SOCIAL STANDING OF EVERY ELECTRICAL WORKER IN OUR COMMUNITY AND SOCIETY. TO ENABLE THE I.B.E.W. TO PLAN A POSITIVE AND STABILIZING ROLE FOR BENEFIT OF THE INDUSTRY'S PARTICIPANTS, CUSTOMERS AND COMMUNITY AT LARGE. TO ASSUME A LEADING ROLE IN THE REVITALIZING FOR THE LABOR MOVEMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,774,660

Program Service Revenue $0

Investment Income $189,507

Other Revenue $13,499

TOTAL REVENUE $3,977,666

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $2,076,450

Fundraising Expenses $0

Other Expenses $1,497,273

TOTAL EXPENSES $3,640,125

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,977,666	$3,523,299	+0.1%
Expenses	$3,640,125	$3,814,842	0.0%
Net Income	$337,541	$-291,543	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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

$314,436

Total Directors

$111,566

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH FALKENBERG	PRESIDENT	3.75	Officer Director	$10,212	$0	$10,212
JOHN MCINTYRE	VICE PRESIDENT	0.50	Officer Director	$2,118	$0	$2,118
JOHN RYAN	TREASURER	0.75	Officer Director	$8,809	$0	$8,809
JARRETT JANTE	RECORDING SECRETARY	1.50	Officer Director	$3,771	$0	$3,771
RYAN MILLER	EXECUTIVE BOARD	0.75	Director	$2,220	$0	$2,220
TONY PAUL	EXECUTIVE BOARD	0.75	Director	$2,926	$0	$2,926
ROBERT WEBER	EXECUTIVE BOARD - PART-YEAR	0.75	Director	$57,560	$16,914	$74,474
TERESE JESINSKI	EXECUTIVE BOARD	0.75	Director	$3,108	$0	$3,108
CHRISTOPHER ALBRECHT	EXECUTIVE BOARD	0.75	Director	$1,663	$0	$1,663
ALEXANDER BZDAWKA	EXECUTIVE BOARD	0.75	Director	$1,978	$0	$1,978
ZACH RUST	EXECUTIVE BOARD	0.75	Director	$287	$0	$287
DEAN WARSH	BUSINESS MANAGER - THRU 6/30/23	54.00	Officer	$74,996	$30,138	$105,134
JOHN JACOBS	BUSINESS MANAGER - POST 7/1/23	54.00	Officer	$136,865	$47,527	$184,392
DONALD BERNACCHI OLDANI	EMPLOYEE	40.00	Highest	$120,811	$44,506	$165,317
KENNETH BLAESKE	EMPLOYEE	40.00	Highest	$116,682	$44,110	$160,792
CURT BRAUER	EMPLOYEE	40.00	Highest	$124,471	$45,418	$169,889
TODD PAULY	EMPLOYEE	40.00	Highest	$122,393	$44,798	$167,191
NICHOLAS CAMPBELL	EMPLOYEE	40.00	Highest	$126,130	$45,637	$171,767

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	No data	No data	No data	No data
2023	$3,977,666	$3,640,125	$12,043,700	$337,541
2022	$3,523,299	$3,814,842	$11,025,994	$-291,543
2021	$3,407,710	$3,154,274	$12,305,895	$253,436
2020	$3,361,344	$3,207,134	$11,724,672	$154,210
2019	$3,459,632	$3,293,527	$11,064,600	$166,105
2018	$3,809,476	$2,965,777	$10,066,700	$843,699

LOCAL NO 494 INTERNATIONAL BROTHERHOOD