INTERNATIONAL BROTHERHOOD OF ELECTR WORKERS LOCAL UNION 222

EIN: 592976411

REDDICK, FL

Total Revenue
$20,024,927
Total Expenses
$6,653,504
Total Assets
$62,233,593
Net Assets
$61,999,696
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
FL
Principal Officer
JOHN HARRELL
Phone
3525913332
Tax Period
2024-07-01 to 2025-06-30

INTERNATIONAL BROTHERHOOD OF ELECTR WORKERS LOCAL UNION 222, founded in 1989, is a mid-sized nonprofit that reported $20.0M in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.4M, a strong 67% operating margin.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO ORGANIZE WORKERS IN THE ELECTRICAL INDUSTRY AND ELEVATE THE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS OF THE MEMBERS, THEIR FAMILIES AND DEPENDENTS, IN THE INTEREST OF A HIGHER STANDARD OF CITIZENSHIP.

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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 $9,269
Program Service Revenue $16,228,590
Investment Income $3,786,241
Other Revenue $827
TOTAL REVENUE $20,024,927

Expense Breakdown

Grants Paid $156,928
Salaries & Benefits $2,895,221
Fundraising Expenses $0
Other Expenses $3,601,355
TOTAL EXPENSES $6,653,504

Year-over-Year Comparison

2024 2023 Change
Revenue $20,024,927 $10,820,373 +0.9%
Expenses $6,653,504 $5,654,614 +0.2%
Net Income $13,371,423 $5,165,759 +1.6%
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
4
Independent Members
N/A
Employees
17
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
11
$904,485
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM F HITT FIN SEC / BU 40.00
Officer
$183,558 $55,415 $238,973
JOHN HARRELL PRES / ASST 40.00
Officer
$169,793 $53,188 $222,981
JOSH WILBURTH VICE PRESIDE 2.00
Officer
$0 $0 $0
ANTHONY GEDEIST ORGZR/RECORD 40.00
Officer
$157,728 $52,075 $209,803
SHELBY MATHIS TREASURER 2.00
Officer
$1,600 $0 $1,600
JAMES P PUZON EXECUTIVE BO 2.00
Officer
$0 $0 $0
PATRICK O'CONNOR EXECUTIVE BO 2.00
Officer
$4,005 $0 $4,005
DANNY POWELL EXECUTIVE BO 2.00
Officer
$5,254 $0 $5,254
BRENT RUEDEMAN EXECUTIVE BO 2.00
Officer
$3,917 $0 $3,917
TROY FIKE EXEC BD / VI 40.00
Officer
$159,800 $51,115 $210,915
MATTHEW BROWN EXECUTIVE BO 2.00
Officer
$7,037 $0 $7,037
WILLIAM DEZAYAS BUSINESS REP 40.00
Highest
$179,638 $53,188 $232,826
LEE OJEDA BUSINESS REP 40.00
Highest
$153,469 $51,407 $204,876
HECTOR REYES TORRES BUSINESS MGR 40.00
Highest
$152,922 $52,298 $205,220
GABRIEL CARTAGENA BUSINESS REP 40.00
Highest
$151,809 $52,075 $203,884
FIDEL JOSE HERNANDEZ SOTO BUSINESS REP 40.00
Highest
$152,194 $52,153 $204,347
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 $20,024,927 $6,653,504 $62,233,593 $13,371,423
2024 No data No data No data No data
2023 $16,605,762 $4,965,555 $43,606,792 $11,640,207
2022 $6,468,670 $4,338,335 $31,981,100 $2,130,335
2021 $5,846,195 $2,716,902 $33,341,332 $3,129,293
2020 $6,448,948 $2,284,543 $27,724,298 $4,164,405
2019 $5,726,598 $2,158,081 $23,898,392 $3,568,517
2018 $14,716,308 $1,831,960 $20,137,909 $12,884,348
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