INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 388

EIN: 391210824

STEVENS POINT, WI

Total Revenue
$1,609,819
Total Expenses
$1,223,412
Total Assets
$4,376,583
Net Assets
$4,330,871
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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
1974
Legal Domicile
WI
Principal Officer
DEAN MILLER
Phone
7153412696
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 388, founded in 1974, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2025. The organization ran a surplus of $386K, a strong 24% operating margin.

Mission

THE ORGANIZATION OPERATES A LOCAL UNION FOR THE BENEFIT OF 499 MEMBERS. IT HAS JURISDICTION OVER ALL INSIDE, SOUND AND PUBLIC ADDRESS, RADIO-TELEVISION SERVICE, AND ELECTRICAL MANUFACTURING WORK WHEN PERFORMED IN 15 COUNTIES IN WISCONSIN, OR BY THE EMPLOYEES OF VAN ERT ELECTRIC CONTROLS DIVISION, INC. OR UNDER TERMS OF THE NATIONAL TELEDATA AGREEMENT.

Program Service Accomplishments

Program 1

OPERATING A LOCAL UNION FOR THE BENEFIT OF 499 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,496,614
Investment Income $99,180
Other Revenue $14,025
TOTAL REVENUE $1,609,819

Expense Breakdown

Grants Paid $14,864
Salaries & Benefits $489,500
Fundraising Expenses $0
Other Expenses $716,601
TOTAL EXPENSES $1,223,412

Year-over-Year Comparison

2025 2024 Change
Revenue $1,609,819 $1,540,655 +0.0%
Expenses $1,223,412 $1,071,969 +0.1%
Net Income $386,407 $468,686 -0.2%
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

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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
29
Volunteers
1

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
6
$325,633
Total Directors
9
$330,072
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN DANCZYK PRESIDENT/BOARD CHAIRMAN 1.00
Officer Director
$1,424 $0 $1,424
DEAN MILLER BUSINESS MANAGER/FINANCIAL 48.00
Officer Director
$118,637 $46,015 $164,652
ANDY BECKER ASSISTANT BUSINESS MANAGER 44.00
Officer Director
$104,127 $41,025 $145,152
NANCY ZIMMERMAN VICE PRESIDENT 1.00
Officer Director
$193 $0 $193
JESSE KRAYECKI TREASURER 1.00
Officer Director
$723 $0 $723
JASON KAY RECORDING SECRETARY 1.00
Officer Director
$9,794 $3,695 $13,489
DANIEL KRYST DIRECTOR 1.00
Director
$3,185 $0 $3,185
BRIAN OBERSTADT DIRECTOR 1.00
Director
$0 $0 $0
AARON ZURAWSKI DIRECTOR 1.00
Director
$1,254 $0 $1,254
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 $1,609,819 $1,223,412 $4,376,583 $386,407
2024 No data No data No data No data
2023 $1,487,986 $1,058,074 $3,524,611 $429,912
2022 $1,274,717 $950,163 $3,097,487 $324,554
2021 $953,139 $839,600 $2,763,090 $113,539
2020 $1,056,925 $862,949 $2,640,392 $193,976
2019 $1,197,018 $755,110 $2,447,464 $441,908
2018 $1,104,948 $745,878 $2,005,060 $359,070
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