INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 160 (EIN 410415203) - 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

1938

Legal Domicile

Principal Officer

KURT ZIMMERMAN

Phone

6127813126

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 160, founded in 1938, is a community nonprofit that reported $9.3M in total revenue in fiscal year 2025. The organization ran a surplus of $1.6M, a strong 17% operating margin.

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,497,653

Investment Income $757,710

Other Revenue $50,877

TOTAL REVENUE $9,306,240

Expense Breakdown

Grants Paid $147,146

Salaries & Benefits $4,049,683

Fundraising Expenses $0

Other Expenses $3,533,616

TOTAL EXPENSES $7,730,445

Year-over-Year Comparison

	2025	2024	Change
Revenue	$9,306,240	$8,944,896	+0.0%
Expenses	$7,730,445	$6,037,717	+0.3%
Net Income	$1,575,795	$2,907,179	-0.5%

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

$281,610

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT ZIMMERMAN	BUSINESS MGR	48.00	Officer	$203,338	$8,121	$211,459
MICHAEL RINGSTAD	BUSINESS REP	48.00	Highest	$190,893	$7,629	$198,522
ERIC SPIELMANN	BUSINESS REP	48.00	Highest	$190,771	$7,629	$198,400
NICK STECKELBERG	BUSINESS REP	48.00	Highest	$182,844	$7,309	$190,153
JEFFREY BRYCZEK	BUSINESS REP	48.00	Highest	$182,827	$7,309	$190,136
CRYSTAL REEVES	BUSINESS REP	48.00	Highest	$182,823	$7,309	$190,132
KEVIN KAETER	PRESIDENT	3.00	Officer	$12,181	$0	$12,181
RANDAL NASS	EXECUTIVE BO	3.00	Officer	$10,873	$0	$10,873
TRAVIS SULLIVAN	TREASURER	3.00	Officer	$10,850	$0	$10,850
CLAYTON KAETER	EXECUTIVE BO	3.00	Officer	$10,150	$0	$10,150
THOMAS CARLSON	EXECUTIVE BO	3.00	Officer	$9,661	$0	$9,661
KEN CONRAD	EXECUTIVE BO	3.00	Officer	$6,623	$0	$6,623
JEFF POLSON	RECORDING SE	3.00	Officer	$6,091	$0	$6,091
WADE CRITTENDEN	VICE PRESIDE	3.00	Officer	$2,030	$0	$2,030
SCOTT KNIGHT	EXECUTIVE BO	3.00	Officer	$1,692	$0	$1,692

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	$9,306,240	$7,730,445	$21,391,258	$1,575,795
2024	$8,944,896	$6,037,717	$18,894,436	$2,907,179
2023	$6,694,098	$5,737,107	$16,364,902	$956,991
2022	$6,426,355	$7,900,298	$14,495,223	$-1,473,943
2021	$5,686,586	$4,943,069	$14,507,169	$743,517
2020	$5,418,767	$4,690,481	$12,878,015	$728,286
2019	$5,539,807	$4,711,006	$11,683,327	$828,801
2018	$5,550,416	$4,422,993	$9,344,124	$1,127,423

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 160