INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 388 (EIN 391210824) - 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

1974

Legal Domicile

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.

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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 (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

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

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

$325,633

Total Directors

$330,072

Key Employees

Highest Compensated

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

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 388