INTERNATIONAL BROTHERHOOD OF ELECT… - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

JASON FRANK

Phone

7017486710

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1593, founded in 1982, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025.

Mission

OUR GOAL AS A UNION IS TO KEEP OUR MEMBERSHIP STRONG AND CONTINUE TO WORK TOGETHER FOR THE BETTERMENT OF: WORKERS RIGHTS, FAIR WAGES, BENEFITS OF WORKING FAMILIES, AND SOLIDARITY OF THE UNION.

Program Service Accomplishments

Program 1

IBEW LOCAL 1593 IS A LABOR UNION THAT REPRESENTS ALMOST 1,000 MEMBERS. WE ADMINISTER 21 LABOR CONTRACTS, REPRESENTING 23 SEPARATE UNITS. EVERY THIRD THURSDAY OF EACH MONTH THERE IS A LOCAL MEETING...

IBEW LOCAL 1593 IS A LABOR UNION THAT REPRESENTS ALMOST 1,000 MEMBERS. WE ADMINISTER 21 LABOR CONTRACTS, REPRESENTING 23 SEPARATE UNITS. EVERY THIRD THURSDAY OF EACH MONTH THERE IS A LOCAL MEETING HELD IN WHICH ALL MEMBERS CAN ATTEND. THIS IS WHERE NEW MEMBERS ARE VOTED IN, FINANCIAL STATEMENTS ARE PRESENTED, AND UNION BUSINESS IS ADDRESSED.

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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 $1,132,555

Investment Income $28,702

Other Revenue $3,436

TOTAL REVENUE $1,164,693

Expense Breakdown

Grants Paid $13,725

Salaries & Benefits $568,461

Fundraising Expenses $0

Other Expenses $572,609

TOTAL EXPENSES $1,157,535

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,164,693	$1,138,512	+0.0%
Expenses	$1,157,535	$1,067,801	+0.1%
Net Income	$7,158	$70,711	-0.9%

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

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

$419,088

Total Directors

$202,469

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON FRANK	BUSINESS MGR	40.00	Officer	$169,372	$47,247	$216,619
JOSEPH ROEDER	ASSTBUSMGR/V	40.00	Officer Director	$148,345	$52,624	$200,969
JON NADEAU	PRESIDENT	0.25	Officer Director	$900	$0	$900
BRANDON SAILER	SECRETARY	0.25	Officer Director	$300	$0	$300
SHAWN IVERSON	TREASURER	0.25	Officer Director	$300	$0	$300
SEAN SENSKE	EXEC BOARD	0.25	Director	$0	$0	$0
SHAWN ROBINSON	EXEC BOARD	0.25	Director	$0	$0	$0
JESSE KUHN	EXEC BOARD	0.25	Director	$0	$0	$0
KATIE WILSON	EXEC BOARD	0.25	Director	$0	$0	$0
DAVID LUNDSTROM	EXEC BOARD	0.25	Director	$0	$0	$0
MICHEAL HELM	EXEC BOARD	0.25	Director	$0	$0	$0
JARIN SPRECHER	EXEC BOARD	0.25	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	$1,164,693	$1,157,535	$940,850	$7,158
2024	$1,138,512	$1,067,801	$931,631	$70,711
2023	$1,068,455	$1,106,142	$872,224	$-37,687
2022	$1,008,732	$1,062,832	$904,875	$-54,100
2021	$1,018,113	$1,017,509	$953,069	$604
2020	$999,787	$900,169	$947,310	$99,618
2019	$984,000	$1,065,051	$832,045	$-81,051
2018	$1,002,465	$963,488	$908,830	$38,977

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 1593