INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 480 (EIN 640158485) - 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

1927

Legal Domicile

Principal Officer

BROOKS E MARTIN

Phone

6013738434

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 480, founded in 1927, is a small nonprofit that reported $750K in total revenue in fiscal year 2023.

Mission

AS A LOCAL UNION OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, THE UNION PROVIDES SERVICES FOR THE BENEFIT OF ITS MEMBERS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $710,636

Investment Income $31,846

Other Revenue $7,750

TOTAL REVENUE $750,232

Expense Breakdown

Grants Paid $4,500

Salaries & Benefits $456,323

Fundraising Expenses $0

Other Expenses $278,486

TOTAL EXPENSES $742,309

Year-over-Year Comparison

	2023	2022	Change
Revenue	$750,232	$709,394	+0.1%
Expenses	$742,309	$784,759	-0.1%
Net Income	$7,923	$-75,365	-1.1%

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

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

$588,313

Total Directors

$2,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROOKS E MARTIN	BUSINESS MGR	40.00	Officer	$98,513	$22,700	$121,213
J MIKE MORGAN	PRES/ASSIST	40.00	Officer	$93,146	$22,700	$115,846
R BRAD WALLACE	VICE PRESIDE	40.00	Officer	$94,717	$22,700	$117,417
ALTON ALLDAY JR	TREASURER	1.00	Officer	$1,200	$0	$1,200
STEPHEN A MAGEE	RECORDING SE	1.00	Officer	$1,200	$0	$1,200
C JIM STEPHENS	EXAM BD/TRAI	1.00	Officer	$253	$22,733	$113,887
JOEL HILL	EXAM BD/PLAN	1.00	Officer	$0	$23,692	$117,550
PEYTON J READMAN	EXECUTIVE BO	1.00	Director	$100	$0	$100
JAMES W MARTIN	EXECUTIVE BO	1.00	Director	$400	$0	$400
MICHAEL FITZHUGH	EXECUTIVE BO	1.00	Director	$660	$0	$660
CHRIS TICHY	EXECUTIVE BO	1.00	Director	$600	$0	$600
JOHN CHAMPION	EXECUTIVE B	1.00	Director	$550	$0	$550
JUSTIN LONG	EXECUTIVE BO	1.00	Director	$400	$0	$400
WES POWELL	EXECUTIVE BO	1.00	Director	$200	$0	$200
MIKE STAFFORD	EXAMINING BO	1.00	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
2024	No data	No data	No data	No data
2023	$750,232	$742,309	$1,195,160	$7,923
2022	$709,394	$784,759	$1,190,209	$-75,365
2021	$613,764	$652,382	$1,285,797	$-38,618
2020	$795,471	$659,175	$1,333,173	$136,296
2019	$726,389	$695,668	$1,188,388	$30,721
2018	$658,803	$629,689	$1,121,082	$29,114

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 480