LOCAL 558 ELECTRICAL WORKERS IBEW

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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

1918

Legal Domicile

Principal Officer

SCOTT HUNTER

Phone

2563832279

Tax Period

2025-01-01 to 2025-12-31

LOCAL 558 ELECTRICAL WORKERS IBEW, founded in 1918, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 26% operating margin.

Mission

REPRESENTATION FOR MEMBERS OF ORGANIZED LABOR IN THE ELECTRICAL INDUSTRY TRADES IN MATTERS OF HIRING, NEGOTIATION, FILING OF GRIEVANCES, ETC.

Program Service Accomplishments

Program 1

Expenses: $3,788,403 Revenue: $5,101,654

TO PROVIDE MEETING FACILITIES FOR ORGANIZED LABOR MEMBERS IN UTILITY, RADIO AND TELEVISION SERVICE AND ELECTRICAL MANUFACTURING WORK. TO PROVIDE REPRESENTATION THROUGH BUSINESS AGENTS IN AREAS OF...

TO PROVIDE MEETING FACILITIES FOR ORGANIZED LABOR MEMBERS IN UTILITY, RADIO AND TELEVISION SERVICE AND ELECTRICAL MANUFACTURING WORK. TO PROVIDE REPRESENTATION THROUGH BUSINESS AGENTS IN AREAS OF COMPENSATION, HIRING AND FIRING PRACTICES, THE FILING OF GRIEVANCES, WORKING CONDITIONS, AND BENEFITS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $4,871,238

Program Service Revenue $0

Investment Income $215,729

Other Revenue $14,687

TOTAL REVENUE $5,101,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,669,873

Fundraising Expenses $0

Program Expenses $3,788,403

Other Expenses $2,118,530

TOTAL EXPENSES $3,788,403

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,101,654	$3,898,608	+0.3%
Expenses	$3,788,403	$3,380,834	+0.1%
Net Income	$1,313,251	$517,774	+1.5%

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

$1,099,606

Total Directors

$900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARRELL MILLER	BUSINESS MANAGER	40.00	Officer	$171,911	$0	$171,911
WESLEY STUTTS	BUSINESS AGENT	40.00	Officer	$159,079	$0	$159,079
JESSE ATKINSON	PRESIDENT	40.00	Officer	$156,239	$0	$156,239
NOAH VICKERS	BUSINESS AGENT	40.00	Officer	$154,903	$0	$154,903
RODERICK METCALF	TREASURER	40.00	Officer	$153,744	$0	$153,744
JOSHUA HAND	BUSINESS AGENT	40.00	Officer	$151,852	$0	$151,852
BRADLEY MILLER	BUSINESS AGENT	40.00	Officer	$151,418	$0	$151,418
ROY SLOAN	PAST PRESIDENT	0.00		$1,305	$0	$1,305
JOHN KASMEIER	BOARD MEMBER	0.00		$1,260	$0	$1,260
SCOTT HUNTER	VICE-PRESIDENT	2.00	Officer	$460	$0	$460
RICO SCOTT	BOARD MEMBER	2.00	Director	$240	$0	$240
QUINCY LOVELACE	BOARD MEMBER	2.00	Director	$220	$0	$220
THOMAS SLEDGE	BOARD MEMBER	0.00		$220	$0	$220
LUCAS BYRD	BOARD MEMBER	2.00	Director	$140	$0	$140
CALEB PENDERGRASS	BOARD MEMBER	2.00	Director	$120	$0	$120
JAMES SULLIVAN	BOARD MEMBER	2.00	Director	$100	$0	$100
JENNIFER BAUGH	BOARD MEMBER	2.00	Director	$60	$0	$60
MICHAEL MCKLEROY	BOARD MEMBER	0.00		$60	$0	$60
CULLEN GRISSOM	BOARD MEMBER	0.00		$60	$0	$60
LOUIS WIX III	BOARD MEMBER	0.00		$40	$0	$40
TYLER PACE	BOARD MEMBER	2.00	Director	$20	$0	$20
PAUL MCDOW	RECORDING SECRETARY	2.00	Officer	$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	$5,101,654	$3,788,403	$11,101,761	$1,313,251
2024	$3,898,608	$3,380,834	$9,790,512	$517,774
2023	$3,540,734	$3,001,218	$9,274,238	$539,516
2022	$3,818,932	$3,020,704	$8,716,695	$798,228
2021	$4,197,547	$2,852,040	$7,897,764	$1,345,507
2020	$3,628,283	$2,728,026	$6,558,137	$900,257
2019	$2,584,878	$2,541,674	$5,653,883	$43,204
2018	$2,445,919	$2,370,518	$5,608,060	$75,401