INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 613 (EIN 580299730) - 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

1919

Legal Domicile

Principal Officer

KEVIN SWANSON

Phone

4045238107

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 613, founded in 1919, is a community nonprofit in the Employment sector that reported $7.9M in total revenue in fiscal year 2023.

Mission

EXEMPT PURPOSE IS TO ORGANIZE AND REPRESENT ELECTRICAL WORKERS IN THE CONSTRUCTION AND MANUFACTURING INDUSTRY.

🔒

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 $7,275,909

Investment Income $230,278

Other Revenue $380,757

TOTAL REVENUE $7,886,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,166,108

Fundraising Expenses $0

Other Expenses $3,486,990

TOTAL EXPENSES $7,675,215

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,886,944	$7,501,375	+0.1%
Expenses	$7,675,215	$7,169,733	+0.1%
Net Income	$211,729	$331,642	-0.4%

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

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

$656,162

Total Directors

$44,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNY MULLINS	BUSINESS MAN	40.00	Officer	$135,777	$40,733	$176,510
CHARLES N KOSKO	RECORDING SE	40.00	Officer	$121,368	$36,410	$157,778
JEFF MANNING	FINANCIAL SE	40.00	Officer	$120,774	$36,232	$157,006
KEVIN SWANSON	PRESIDENT	40.00	Officer	$120,685	$36,205	$156,890
TYLER FOLDS	EXECUTIVE BO	2.00	Director	$10,960	$3,288	$14,248
ROBERT WILLIAMS	EXECUTIVE BO	2.00	Director	$7,806	$2,342	$10,148
CHARLES RAVENSCRAFT	TREASURER	5.00	Officer	$4,954	$1,486	$6,440
TERRY BUTTERWORTH	EXECUTIVE BO	2.00	Director	$3,432	$1,030	$4,462
CALEB RILEY	EXECUTIVE BO	2.00	Director	$3,238	$972	$4,210
LEWIS MATHIS	EXECUTIVE BO	2.00	Director	$3,185	$955	$4,140
IAN WITCHEY	EXECUTIVE BO	2.00	Director	$2,917	$875	$3,792
RONNIE COOK	EXECUTIVE BO	2.00	Director	$2,788	$837	$3,625
JUSTIN UPSHAW	VICE PRESIDE	2.00	Officer	$1,183	$355	$1,538

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	$7,886,944	$7,675,215	$15,142,363	$211,729
2022	$7,501,375	$7,169,733	$14,887,589	$331,642
2021	$8,211,385	$6,598,573	$14,594,280	$1,612,812
2020	$6,515,586	$6,252,162	$13,177,316	$263,424
2019	$7,131,647	$6,706,073	$12,957,485	$425,574

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 613