INTERNATIONAL BROTHERHOOD OF ELECTRICAL WKERS 508

EIN: 580299737

Savannah, GA

Total Revenue
$1,406,212
Total Expenses
$1,302,358
Total Assets
$1,996,558
Net Assets
$1,942,204
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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
1913
Legal Domicile
GA
Principal Officer
ALTON MOSLEY
Phone
9129645080
Tax Period
2023-07-01 to 2024-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WKERS 508, founded in 1913, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $1.3M left a modest 7% surplus.

Mission

TO PROVIDE SERVICE ASSISTANCE TO THE MEMBERSHIP

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,368,775
Investment Income $32,637
Other Revenue $4,800
TOTAL REVENUE $1,406,212

Expense Breakdown

Grants Paid $0
Salaries & Benefits $635,259
Fundraising Expenses $0
Program Expenses $11,903
Other Expenses $655,196
TOTAL EXPENSES $1,302,358

Year-over-Year Comparison

2023 2022 Change
Revenue $1,406,212 $1,480,589 -0.1%
Expenses $1,302,358 $1,172,116 +0.1%
Net Income $103,854 $308,473 -0.7%
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

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Governance

Voting Members
15
Independent Members
15
Employees
19
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
15
$269,635
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A FIN SECTY/BUS MGR 050.00
Officer
$103,893 $0 $103,893
N/A TREASURER 050.00
Officer
$78,497 $0 $78,497
N/A PRES/ASST BUS MGR 050.00
Officer
$78,497 $0 $78,497
N/A VICE PRES 002.00
Officer
$4,612 $0 $4,612
N/A RECORDING SECTY 002.00
Officer
$700 $0 $700
N/A EXEC BOARD 002.00
Officer
$456 $0 $456
N/A EXEC BOARD 002.00
Officer
$453 $0 $453
N/A EXEC BOARD 002.00
Officer
$406 $0 $406
N/A EXEC BOARD 002.00
Officer
$401 $0 $401
N/A EXEC BOARD 002.00
Officer
$382 $0 $382
N/A EXEC BOARD 002.00
Officer
$290 $0 $290
N/A EXEC BOARD 002.00
Officer
$290 $0 $290
N/A EXEC BOARD 002.00
Officer
$290 $0 $290
N/A EXEC BOARD 002.00
Officer
$236 $0 $236
N/A EXEC BOARD 002.00
Officer
$232 $0 $232
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 $1,406,212 $1,302,358 $1,996,558 $103,854
2023 $1,480,589 $1,172,116 $1,879,697 $308,473
2022 $1,246,117 $1,149,561 $1,580,717 $96,556
2021 $1,107,627 $1,131,272 $1,549,201 $-23,645
2020 $1,075,616 $1,150,991 $1,497,872 $-75,375
2019 $1,184,394 $1,116,660 $1,571,802 $67,734
2018 $1,066,795 $986,449 $1,647,841 $80,346
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