ELECTRICAL WORKERS BUILDING FOUNDATION

EIN: 421395711

ANKENY, IA

Total Revenue
$-255,834
Total Expenses
N/A
Total Assets
$6,968,050
Net Assets
$6,968,050
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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
1950
Legal Domicile
IA
Principal Officer
DAVID REID
Phone
5152431924
Tax Period
2025-01-01 to 2025-12-31

ELECTRICAL WORKERS BUILDING FOUNDATION, founded in 1950, is a micro nonprofit that reported $256K in total revenue in fiscal year 2025.

Mission

TO PROVIDE & MAINTAIN THE MEETING FACILITIES OF IBEW, LOCAL UNION 347.

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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 $0
Investment Income $2,433
Other Revenue $-258,267
TOTAL REVENUE $-255,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $-255,834 $-147,066 +0.7%
Expenses N/A N/A N/A
Net Income N/A $-147,066 N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID REID Trustee 1.00
Director
$0 $0 $0
CHRISTIE L BROOKES Trustee 1.00
Director
$0 $0 $0
TERRY POHLMAN Trustee 1.00
Director
$0 $0 $0
MIKE JONES Trustee 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 $-255,834 No data $6,968,050 No data
2024 $-147,066 No data $7,223,884 No data
2023 $-102,766 No data $7,370,950 No data
2022 $633,726 No data $7,473,716 No data
2021 $4,908,773 No data $6,839,990 No data
2020 $1,009,606 No data $1,931,217 No data
2019 $731,296 No data $921,611 No data
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