International Brotherhood of Electrical Workers System Council 16 (EIN 416008381) - 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

1983

Legal Domicile

Principal Officer

Jeff Allred

Phone

6514382927

Tax Period

2024-01-01 to 2024-12-31

International Brotherhood of Electrical Workers System Council 16, founded in 1983, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 9% surplus.

Mission

System Council Representing Members of Local Unions of the International Brotherhood of Electrical Workers in the Railroad Industry Under a Specific Jurisdiction.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,393,311

Investment Income $30,066

Other Revenue $111

TOTAL REVENUE $1,423,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,083,282

Fundraising Expenses $0

Program Expenses $680,367

Other Expenses $210,287

TOTAL EXPENSES $1,293,569

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,423,488	$1,337,377	+0.1%
Expenses	$1,293,569	$1,489,042	-0.1%
Net Income	$129,919	$-151,665	-1.9%

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

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

$439,527

Total Directors

$3,291

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Allred	Gen. Chairman	60.00	Officer	$147,709	$0	$147,709
Brad Carothers	Vice Gen. Chair	60.00	Officer	$145,909	$0	$145,909
Jeff Burk	Sec-Treas	60.00	Officer	$145,909	$0	$145,909
Angel Correa	Executive Board	1.00	Director	$1,097	$0	$1,097
Charles Cox	Executive Board	1.00	Director	$1,097	$0	$1,097
Jeremy Benzel	Executive Board	1.00	Director	$1,097	$0	$1,097
Joseph Lopez Jr	Executive Board	1.00	Director	$0	$0	$0
Jasin Ptacnik	Executive Board	1.00	Director	$0	$0	$0
Randall Duncan	Executive Board	1.00	Director	$0	$0	$0
Frank Anderson	Executive Board	1.00	Director	$0	$0	$0
Donald Seyller	Executive Board	1.00	Director	$0	$0	$0
Michael Cumpston	Executive Board	1.00	Director	$0	$0	$0

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	$1,423,488	$1,293,569	$1,536,240	$129,919
2023	$1,337,377	$1,489,042	$1,418,394	$-151,665
2022	$1,200,367	$1,406,090	$1,557,154	$-205,723
2021	$1,345,966	$1,169,223	$1,761,733	$176,743
2020	$1,292,309	$1,071,894	$1,584,464	$220,415
2019	$1,492,934	$1,253,433	$1,364,682	$239,501
2018	$1,174,199	$1,245,374	$1,130,718	$-71,175

International Brotherhood of Electrical Workers System Council 16