SYSTEM COUNCIL U-8 IBEW INC (EIN 590754039) - 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

1947

Legal Domicile

Principal Officer

WILLIAM TETI

Phone

3527464239

Tax Period

2025-01-01 to 2025-12-31

SYSTEM COUNCIL U-8 IBEW INC, founded in 1947, is a small nonprofit that reported $647K in total revenue in fiscal year 2025. Expenses of $714K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO NEGOTIATE UNION CONTRACTS

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $647,237

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $647,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $463,582

Fundraising Expenses $0

Other Expenses $236,686

TOTAL EXPENSES $714,213

Year-over-Year Comparison

	2025	2024	Change
Revenue	$647,237	$665,215	0.0%
Expenses	$714,213	$625,477	+0.1%
Net Income	$-66,976	$39,738	-2.7%

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

1122

Independent Members

1122

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

$215,594

Total Directors

$5,385

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP HOWARD	BUSINESS MGR	40.00	Officer	$170,256	$0	$170,256
WILLIAM TETI	Treasurer	20.00	Officer	$32,372	$0	$32,372
CHRISTOPHER WINDNAGEL	VICE CHAIRMAN	5.00	Officer	$7,581	$0	$7,581
ROBERT ROMMELT	VICE CHAIRMAN	5.00	Officer Director	$5,385	$0	$5,385

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	$647,237	$714,213	$251,295	$-66,976
2024	$665,215	$625,477	$312,319	$39,738
2023	$637,530	$689,613	$293,738	$-52,083
2022	$547,048	$617,111	$347,726	$-70,063
2021	$621,677	$564,197	$433,506	$57,480
2020	$594,650	$525,036	$378,894	$69,614
2019	$587,651	$612,651	$320,779	$-25,000
2018	$578,480	$486,115	$343,627	$92,365

SYSTEM COUNCIL U-8 IBEW INC