BROTHERHOOD OF ELECTRICAL WORKERS INC

EIN: 590583593

MIAMI, FL

Total Revenue
$188,051
Total Expenses
$235,379
Total Assets
$469,073
Net Assets
$465,502
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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
1947
Legal Domicile
FL
Principal Officer
KRISHNA BECKFORD
Phone
3053251330
Tax Period
2024-10-01 to 2025-09-30

BROTHERHOOD OF ELECTRICAL WORKERS INC, founded in 1947, is a small nonprofit that reported $188K in total revenue in fiscal year 2024. Expenses of $235K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO MAINTAIN OWNERSHIP OF REAL PROPERTY, USED TO CARRY OUT LABOR UNION ACTIVITIES IN THE OPERATION OF LOCAL UNION 349 AND OTHER AFFILIATED ENTITIES.

Program Service Accomplishments

Program 1

N/A

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,049
Program Service Revenue $183,932
Investment Income $0
Other Revenue $70
TOTAL REVENUE $188,051

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $235,379
TOTAL EXPENSES $235,379

Year-over-Year Comparison

2024 2023 Change
Revenue $188,051 $182,733 +0.0%
Expenses $235,379 $236,237 0.0%
Net Income $-47,328 $-53,504 -0.1%
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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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
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
4
$137,276
Total Directors
16
$137,276
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER SIMPSON BUS. MGR./FI 1.00
Officer Director
$0 $26,012 $134,513
MICHAEL HENNINGS TREASURER 1.00
Officer Director
$0 $96 $2,323
KRISHNA BECKFORD PRESIDENT 1.00
Officer Director
$0 $0 $230
PAUL GANNETT VICE PRESIDE 1.00
Officer Director
$0 $0 $210
MATTHEW AGOSTINI EXECUTIVE BO N/A
Director
$0 $0 $0
LUIS BUI WELFARE BOAR N/A
Director
$0 $0 $0
MANUEL CELDRAN WELFARE BOAR N/A
Director
$0 $0 $0
KENNETH FENNELL EXECUTIVE BO N/A
Director
$0 $0 $0
MARCOS GONZALEZ RECORDING SE N/A
Director
$0 $0 $0
PETE GRIMM WELFARE BOAR N/A
Director
$0 $0 $0
JEFFREY LE DROUX JR WELFARE BD/E N/A
Director
$0 $0 $0
SERGIO MAYOR EXECUTIVE BO N/A
Director
$0 $0 $0
JAMES NAEGELY WELFARE BOAR N/A
Director
$0 $0 $0
JAVIER SAN PEDRO EXECUTIVE BO N/A
Director
$0 $0 $0
JERRY STRICKER EXECUTIVE BO N/A
Director
$0 $0 $0
DANIEL YOHAM WELFARE BOAR N/A
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 $188,051 $235,379 $469,073 $-47,328
2024 $182,733 $236,237 $517,489 $-53,504
2023 $184,852 $226,083 $568,628 $-41,231
2022 $200,257 $227,136 $608,074 $-26,879
2021 $185,263 $136,101 $636,282 $49,162
2020 $193,832 $187,472 $573,618 $6,360
2019 $200,536 $200,955 $570,227 $-419
2018 $284,976 $179,581 $570,587 $105,395
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