INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 70 (EIN 520567972) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1940

Legal Domicile

Principal Officer

GEORGE EMBREY

Phone

3015167730

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 70, founded in 1940, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2023. The organization ran a surplus of $1.8M, a strong 37% operating margin.

Mission

MEMBERSHIP ORGANIZATION FOR ALL WORKERS IN THE ELECTRICAL INDUSTRY TO ORGANIZE INTO LOCAL UNIONS; PROMOTE REASONABLE WORK METHOD, ADEQUATE PAY AND WORKING CONDITIONS; SETTLE LABOR DISPUTES; THERE WERE 1,809 ACTIVE CLASS "A- AND 73 ACTIVE CLASS "BA" MEMBERS AT JUNE 30, 2024.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,365,175

Investment Income $362,062

Other Revenue $68,469

TOTAL REVENUE $4,795,706

Expense Breakdown

Grants Paid $107,945

Salaries & Benefits $1,418,254

Fundraising Expenses $0

Other Expenses $1,474,685

TOTAL EXPENSES $3,038,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,795,706	$4,492,730	+0.1%
Expenses	$3,038,092	$2,730,588	+0.1%
Net Income	$1,757,614	$1,762,142	0.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$435,139

Total Directors

$547,371

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY HELTON	ORGANIZER	40.00	Officer Director	$122,918	$47,945	$170,863
JAMES M HORTON	BUS MGR & FI	40.00		$147,513	$53,954	$201,467
MICHAEL POWERS	SAFETY COORD	40.00	Officer Director	$122,918	$47,945	$170,863
ROBERT R HENDRICKS	TREASURER	10.00	Officer Director	$2,400	$0	$2,400
LEVIN E JAMERSON	EXECUTIVE BO	40.00	Director	$86,126	$24,506	$110,632
MARK W RAINES	PRESIDENT	40.00	Officer Director	$47,846	$42,447	$90,293
BRIAN K KALB	EXECUTIVE BO	10.00	Director	$480	$0	$480
ERICA HARDWOOD	EXAMINING BO	10.00	Director	$80	$0	$80
WILLIAM D HEISE	EXAMINING BO	10.00	Director	$160	$0	$160
ROBERT ELLISON	EXECUTIVE BO	10.00	Director	$560	$0	$560
JIMMY BUSH	VICE PRESIDE	10.00	Officer Director	$720	$0	$720
JERRY W RAMSAY	EXECUTIVE BO	10.00	Director	$320	$0	$320
GEORGE EMBREY	BUSINESS MAN	10.00	Officer 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	No data	No data	No data	No data
2024	$4,795,706	$3,038,092	$16,821,672	$1,757,614
2023	$4,492,730	$2,730,588	$14,798,244	$1,762,142
2022	$4,603,404	$2,585,211	$13,175,275	$2,018,193
2021	$3,338,545	$2,545,507	$13,058,395	$793,038
2020	$3,188,653	$2,723,794	$10,423,583	$464,859
2019	$3,520,133	$2,673,088	$10,224,533	$847,045

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 70