INTERNATIONAL BROTHERHOOD OF ELECTRICAL LOCAL 760

EIN: 620353074

KNOXVILLE, TN

Total Revenue
$2,772,696
Total Expenses
$2,568,142
Total Assets
$4,515,479
Net Assets
$4,368,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
TN
Principal Officer
TIM OAKS
Phone
8655248638
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL LOCAL 760, founded in 1925, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.6M left a modest 7% surplus.

Mission

ELECTRICAL WORKERS 760 WAS CHARTERED ON MAY 4TH, 1925. WE AIM: - TO PURSUE AND ESTABLISH AND MAINTAIN AN ADEQUATE WAGE FOR OUR LABOR. - TO REQUIRE OF OUR MEMBERS SKILL, INTELLIGENCE, AND CHARACTER. - TO PROTECT OUR EMPLOYER AGENTS AGAINST THE UNSKILLED AND INEXPERIENCED WORKER. - TO ADVANCE THE PRINCIPLES AND PRACTICES OF CONCILIATION AND ARBITRATION - IN SETTLEMENT OF ANY DIFFERENCE WITH OUR EMPLOYERS. - TO DEFEND OUR RIGHTS AND ADVANCE OUR INTEREST AS ELECTRICAL WORKERS BY ALL LAWFUL MEANS. - TO AID AND ENCOURAGE ALL HONORABLE EFFORTS THAT WILL BETTER THE CONDITIONS OF OUR LABOR. - TO MAKE OUR CARD AND SEAL A CERTIFICATE OF FRATERNITY, HONESTY, EFFICIENCY, AND RELIABILITY.

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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 $1,382,395
Program Service Revenue $1,365,545
Investment Income $2,994
Other Revenue $21,762
TOTAL REVENUE $2,772,696

Expense Breakdown

Grants Paid $0
Salaries & Benefits $925,898
Fundraising Expenses $0
Program Expenses $1,354,926
Other Expenses $1,642,244
TOTAL EXPENSES $2,568,142

Year-over-Year Comparison

2023 2022 Change
Revenue $2,772,696 $2,507,916 +0.1%
Expenses $2,568,142 $2,312,912 +0.1%
Net Income $204,554 $195,004 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
12
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
5
$116,981
Total Directors
12
$224,043
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHAN LOCKE BOARD MEMBER 1.00
Director
$0 $0 $0
RAYMOND HUTZLER BOARD MEMBER 1.00
Director
$0 $0 $0
BRETT SCHULER BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY RUBY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS BARKER BOARD MEMBER 1.00
Director
$24,042 $0 $24,042
EDDIE ARMSTRONG BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE CLEVENGER RECORDING SECRETARY 1.00
Officer Director
$0 $0 $0
COLE COKER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRIAN CONNOR PRESIDENT 1.00
Officer Director
$0 $0 $0
VIC ROGERS BOARD MEMBER 40.00
Director
$83,020 $0 $83,020
TIM OAKS BUSINESS MANAGER (CURRENT) 40.00
Officer Director
$105,298 $0 $105,298
ALEX BRYANT BUSINESS MANAGER (FORMER)/ 40.00
Officer Director
$11,683 $0 $11,683
JASON LEARY ASSISTANT BUSINESS MANAGER 40.00
Highest
$110,335 $0 $110,335
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 $2,772,696 $2,568,142 $4,515,479 $204,554
2022 $2,507,916 $2,312,912 $4,374,171 $195,004
2021 $2,376,771 $2,072,725 $4,366,746 $304,046
2020 $2,146,761 $1,867,699 $4,347,809 $279,062
2019 $2,128,879 $1,800,872 $4,355,134 $328,007
2018 $1,961,657 $1,726,567 $4,313,613 $235,090
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