OMAHA BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO 22 VACATION- (EIN 476021937) - 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

1958

Legal Domicile

Principal Officer

BARRY MAYFIELD

Phone

4025923753

Tax Period

2024-06-01 to 2025-05-31

OMAHA BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO 22 VACATION-, founded in 1958, is a mid-sized nonprofit that reported $10.8M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

THIS IS A COLLECTIVELY BARGAINED MULTIPEMPLOYER PLAN THAT PROVIDES VACATION AND HOLIDAY BENEFITS.

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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 $10,702,605

Investment Income $36,028

Other Revenue $30,106

TOTAL REVENUE $10,768,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,811,213

Other Expenses $55,896

TOTAL EXPENSES $10,811,213

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,768,739	$11,357,331	-0.1%
Expenses	$10,811,213	$11,227,147	0.0%
Net Income	$-42,474	$130,184	-1.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BUNACH	TRUSTEE	N/A	Director	$0	$0	$0
TOM FALCON	SECRETARY	N/A	Officer Director	$0	$0	$0
JAY IGNOWSKI	TRUSTEE	N/A	Director	$0	$0	$0
BARRY MAYFIELD	CHAIRMAN	N/A	Officer Director	$0	$0	$0
STEVE MAYFIELD	TRUSTEE	N/A	Director	$0	$0	$0
JEFF MEURRENS	TRUSTEE	N/A	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	$10,768,739	$10,811,213	$3,382,310	$-42,474
2024	$11,357,331	$11,227,146	$3,126,918	$130,185
2023	$14,263,317	$14,285,531	$4,489,087	$-22,214
2022	$8,810,996	$8,802,610	$2,522,993	$8,386
2021	$10,605,292	$10,605,696	$2,867,649	$-404
2020	$15,161,714	$15,161,627	$3,843,489	$87
2019	$15,309,660	$15,306,507	$4,542,452	$3,153

OMAHA BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO 22 VACATION-