International Union IBEW Local Union 953

EIN: 390367741 Community Improvement

Eau Claire, WI

Total Revenue
$2,352,567
Total Expenses
$2,405,135
Total Assets
$2,928,671
Net Assets
$2,928,671
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1919
Phone
7158344911
Tax Period
2023-07-01 to 2024-06-30

International Union IBEW Local Union 953, founded in 1919, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023.

Mission

Promote social/economic justice through collective bargaining, meetings, education, communication, organizing, community action, administration, maintenance of property/assets, delivery of benefits to represented mbrs, fraternal and social activities and activities which further common interests of the membership.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,414,144
Investment Income $-64,288
Other Revenue $2,711
TOTAL REVENUE $2,352,567

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $1,295,681
Fundraising Expenses $0
Other Expenses $1,104,454
TOTAL EXPENSES $2,405,135

Year-over-Year Comparison

2023 2022 Change
Revenue $2,352,567 $2,398,819 0.0%
Expenses $2,405,135 $2,168,993 +0.1%
Net Income $-52,568 $229,826 -1.2%
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

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Governance

Voting Members
9
Independent Members
7
Employees
31
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
0
$0
Total Directors
9
$16,895
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mitchell Barka Recording Secretary 0.50
Director
$540 $0 $540
Aaron J Boos Executive Board 1
Director
$0 $45 $45
Ryan C Cesafsky Vice President 1
Director
$642 $60 $702
Joesph S Haley Excutive Board 1
Director
$2,256 $120 $2,376
Kevin Helgeson Excutive Board 1
Director
$3,453 $60 $3,513
Brad W Honish Excutive Board 1
Director
$5,598 $40 $5,638
Allan Kraft President 1.50
Director
$2,010 $0 $2,010
Michael Mitchell Treasurer 0.50
Director
$600 $0 $600
Cory J Tomac Excutive Board 1
Director
$1,421 $50 $1,471
Brady L Weiss Business Manager/Fin 44
Highest
$172,905 $36,249 $209,154
Timothy Hemenway Assistant Business Manager 44
Highest
$163,187 $37,152 $200,339
Michael Mountin Assistant Business Manager 44
Highest
$156,765 $34,189 $190,954
Bandi Henke Assistant Business Manager 44
Highest
$156,516 $36,238 $192,754
Nicholas Webber Organizer 44
Highest
$108,938 $29,893 $138,831
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 $2,352,567 $2,405,135 $2,928,671 $-52,568
2023 $2,398,819 $2,168,993 $2,646,356 $229,826
2021 $1,862,838 $1,880,224 $2,529,769 $-17,386
2021 $1,953,639 $2,058,762 $2,412,101 $-105,123
2019 $1,841,391 $1,826,871 $2,403,199 $14,520
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