INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS #429 (EIN 620247250) - Form 990 Financial Analysis & Trantor Score

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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

1916

Legal Domicile

Principal Officer

JOEL BRAUCHI

Phone

6158894429

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS #429, founded in 1916, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.6M, a strong 39% operating margin.

Mission

TO PROVIDE MEMBER BENEFITS TO UNION ELECTRICIANS

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,483

Program Service Revenue $6,514,092

Investment Income $188,938

Other Revenue $-11,441

TOTAL REVENUE $6,695,072

Expense Breakdown

Grants Paid $34,019

Salaries & Benefits $1,605,254

Fundraising Expenses $0

Other Expenses $2,398,119

TOTAL EXPENSES $4,060,210

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,695,072	$5,712,937	+0.2%
Expenses	$4,060,210	$3,811,601	+0.1%
Net Income	$2,634,862	$1,901,336	+0.4%

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

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

$577,515

Total Directors

$577,173

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
D BRENT ESWINE	EXEC BOARD	8.00	Director	$0	$0	$0
PHIL HAYES	EXEC BOARD	8.00	Director	$0	$0	$0
CAMERON BENNET	REC SEC	8.00	Officer Director	$0	$0	$0
CRAIG PRUITT	EXEC BOARD	8.00	Director	$0	$0	$0
JOEL BRAUCHI	BUS MGR/FIN SEC	40.00	Officer Director	$129,490	$30,285	$159,775
JOHN LEDWELL	EXEC BOARD	8.00	Director	$0	$0	$0
COTY LEHMAN	EXEC BOARD	8.00	Director	$0	$0	$0
DAVID DAVIDSON	WIREMAN EXAM BD	8.00	Director	$0	$0	$0
STEPHEN HALL	WIREMAN EXAM BD	8.00	Director	$0	$0	$0
DEREK WEATHERSPOON	TREASURER	40.00	Officer Director	$107,573	$29,627	$137,200
ANDREW HARRINGTON	EXEC BOARD	8.00	Director	$1,451	$0	$1,451
AMANDA BUSBY	EXEC BOARD REC SEC	8.00	Director	$0	$0	$0
JEREMY BUTLER	EXEC BOARD	8.00	Officer Director	$109,715	$29,691	$139,406
JAQUINTON GLEAVES	WIREMAN EXAM BD	8.00	Director	$109,651	$29,690	$139,341
KIMBERLY A SANSOM	PRESIDENT	40.00	Officer	$110,172	$29,705	$139,877
MARY BRAUCHI	VICE PRESIDENT	8.00	Officer	$1,257	$0	$1,257

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	No data	No data	No data	No data
2023	$6,695,072	$4,060,210	$9,743,006	$2,634,862
2022	$5,712,937	$3,811,601	$6,724,042	$1,901,336
2021	$4,577,301	$2,926,337	$5,382,697	$1,650,964
2020	$2,789,750	$2,668,820	$3,616,222	$120,930
2019	$2,881,247	$2,728,741	$3,363,784	$152,506
2018	$2,700,472	$2,733,015	$3,018,116	$-32,543

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS #429