INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 31

EIN: 410328945

DULUTH, MN

Total Revenue
$1,317,847
Total Expenses
$1,242,460
Total Assets
$1,226,754
Net Assets
$1,226,754
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MN
Principal Officer
WILL KEYES
Phone
2187284248
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 31, founded in 1976, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 6% surplus.

Mission

LABOR UNION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,295,269
Investment Income $18,027
Other Revenue $4,551
TOTAL REVENUE $1,317,847

Expense Breakdown

Grants Paid $18,383
Salaries & Benefits $614,096
Fundraising Expenses $0
Other Expenses $609,981
TOTAL EXPENSES $1,242,460

Year-over-Year Comparison

2024 2023 Change
Revenue $1,317,847 $1,171,950 +0.1%
Expenses $1,242,460 $1,175,143 +0.1%
Net Income $75,387 $-3,193 -24.6%
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

Sign In

Governance

Voting Members
9
Independent Members
N/A
Employees
14
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
10
$195,584
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILL KEYES BUS MGR/FIN 55.00
Officer
$166,707 $0 $166,707
KRISTIN RENSKERS BUSINESS REP 55.00
Highest
$154,479 $0 $154,479
MIKE CONRADI PRESIDENT 1.00
Officer
$10,721 $0 $10,721
BRIAN CAMPBELL RECORDING SE 1.00
Officer
$4,669 $0 $4,669
KEVIN FLAHERTY TREASURER 1.00
Officer
$2,594 $0 $2,594
KASSIE COOKE EXECUTIVE BO 1.00
Officer
$2,075 $0 $2,075
SCOTT TWINING EXECUTIVE BO 1.00
Officer
$2,075 $0 $2,075
TIM HOWG EXECUTIVE BO 1.00
Officer
$1,902 $0 $1,902
HUNTER KIMBALL EXECUTIVE BO 1.00
Officer
$1,902 $0 $1,902
ANDREW SERRE VICE PRESIDE 1.00
Officer
$1,729 $0 $1,729
MANDY SELISKER EXECUTIVE BO 1.00
Officer
$1,210 $0 $1,210
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 $1,317,847 $1,242,460 $1,226,754 $75,387
2023 $1,171,950 $1,175,143 $1,152,152 $-3,193
2022 $1,206,367 $1,077,849 $1,154,632 $128,518
2021 $1,144,481 $1,138,083 $1,025,670 $6,398
2020 $1,063,159 $997,052 $1,019,034 $66,107
2019 $1,090,944 $923,589 $952,894 $167,355
2018 $1,103,755 $959,829 $785,874 $143,926
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 31 with other nonprofits in Minnesota and across the country.