LOCAL UNION 1483 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (EIN 476045311) - 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

1946

Legal Domicile

Principal Officer

MARK SALERNO

Phone

4026363693

Tax Period

2024-01-01 to 2024-12-31

LOCAL UNION 1483 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, founded in 1946, is a small nonprofit in the Employment sector that reported $267K in total revenue in fiscal year 2024. The organization ran a surplus of $52K, a strong 20% operating margin.

Mission

REPRESENTATION OF MEMBERS IN ALL MATTERS DEALING WITH WORKING CONDITIONS, WORK RULES, AND ACTING AS THE BARGAINING AGENT IN CONTRACT NEGOTIATIONS THROUGH COLLECTIVE BARGAINING.

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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 $252,169

Investment Income $15,307

Other Revenue $0

TOTAL REVENUE $267,476

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $41,793

Fundraising Expenses $0

Program Expenses $205,180

Other Expenses $172,351

TOTAL EXPENSES $215,144

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,476	$247,702	+0.1%
Expenses	$215,144	$209,657	+0.0%
Net Income	$52,332	$38,045	+0.4%

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

$28,399

Total Directors

$38,823

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SALERNO	PRESIDENT	20.00	Officer Director	$11,823	$0	$11,823
DANIEL BEGLEY	VICE PRESIDENT	20.00	Officer Director	$7,098	$0	$7,098
MARJORIE BENTZINGER	TREASURER	10.00	Officer Director	$4,739	$0	$4,739
JENNIFER RADIK	FINANCIAL SECRETARY	10.00	Officer Director	$4,739	$0	$4,739
MICHELLE GILLETT	RECORDING SECRETARY	5.00	Director	$4,739	$0	$4,739
RITA FREICHS	EXECUTIVE BOARD	5.00	Director	$1,137	$0	$1,137
DENISE LICKEI	EXECUTIVE BOARD	10.00	Director	$1,137	$0	$1,137
KARLA KARR	EXECUTIVE BOARD	5.00	Director	$1,137	$0	$1,137
ART HORN	EXECUTIVE BOARD	5.00	Director	$1,137	$0	$1,137
TIMOTHY J KELLOGG	EXECUTIVE BOARD	5.00	Director	$1,137	$0	$1,137

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
2024	$267,476	$215,144	$449,305	$52,332
2023	$247,702	$209,657	$383,562	$38,045
2022	$272,360	$312,741	$314,904	$-40,381
2021	$252,788	$173,853	$413,595	$78,935
2020	$233,525	$180,731	$338,543	$52,794
2019	$225,946	$197,188	$264,069	$28,758
2018	$230,279	$212,572	$214,552	$17,707

LOCAL UNION 1483 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS