INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1523 (EIN 480731273) - 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

1967

Legal Domicile

Principal Officer

NATHAN PAYNE

Phone

3162678741

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1523, founded in 1967, is a small nonprofit that reported $408K in total revenue in fiscal year 2023. Expenses of $384K left a modest 6% surplus.

Mission

THE LOCAL SHALL HAVE JURISDICTION OVER ALL UTILITY WORK PERFORMED BY EMPLOYEES OF CITY OF COFFEYVILLE, EVERGY, SEDWICK CO COOP ASSOCIATION, & TWIN VALLEY ELECTRICAL COOP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $400,913

Investment Income $1,786

Other Revenue $4,892

TOTAL REVENUE $407,591

Expense Breakdown

Grants Paid $4,008

Salaries & Benefits $167,323

Fundraising Expenses $0

Program Expenses $279,249

Other Expenses $212,652

TOTAL EXPENSES $383,983

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,591	$409,985	0.0%
Expenses	$383,983	$423,954	-0.1%
Net Income	$23,608	$-13,969	-2.7%

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

$157,685

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE HAZELWOOD	PRESIDENT	1.00	Officer	$726	$0	$726
CHANCE GEHRER	VICE PRESIDE	1.00	Officer	$1,548	$0	$1,548
AMY HOLBROOK	RECORDING SE	1.00	Officer	$0	$0	$0
CARLY WINANS	TREASURER	1.00	Officer	$0	$0	$0
NATHAN PAYNE	BUSINESS MAN	40.00	Officer	$155,411	$0	$155,411
RUSSEL WHITLEY	EXECUTIVE BO	1.00	Director	$0	$0	$0
RYAN GAINES	EXECUTIVE BO	1.00	Director	$0	$0	$0
KADE DUNBAR	EXECUTIVE BO	1.00	Director	$0	$0	$0
JUSTIN JACKSON	EXECUTIVE BO	1.00	Director	$0	$0	$0
JEFF HARRIS	EXECUTIVE BO	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
2024	No data	No data	No data	No data
2023	$407,591	$383,983	$583,158	$23,608
2022	$409,985	$423,954	$559,550	$-13,969
2021	$405,737	$343,292	$573,519	$62,445
2020	$400,757	$316,725	$511,074	$84,032
2019	$377,401	$317,552	$427,042	$59,849
2018	$414,738	$386,334	$367,827	$28,404

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1523