INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO 1002

EIN: 730386475

TULSA, OK

Total Revenue
$1,456,233
Total Expenses
$1,063,996
Total Assets
$1,810,546
Net Assets
$1,696,095
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
OK
Principal Officer
BRADLEY PERKINS
Phone
9184387344
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO 1002, founded in 1919, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $392K, a strong 27% operating margin.

Mission

TO PROVIDE SUPPORTIVE SERVICES AND BENEFITS TO ELECTRICAL CONTRACTORS WHO ARE MEMBERS OF THE UNION.

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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 $0
Program Service Revenue $1,410,612
Investment Income $47,426
Other Revenue $-1,805
TOTAL REVENUE $1,456,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $708,239
Fundraising Expenses $0
Other Expenses $355,757
TOTAL EXPENSES $1,063,996

Year-over-Year Comparison

2023 2022 Change
Revenue $1,456,233 $1,015,663 +0.4%
Expenses $1,063,996 $857,311 +0.2%
Net Income $392,237 $158,352 +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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
8
Employees
5
Volunteers
8

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
2
$380,682
Total Directors
11
$381,882
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRADLEY PERKINS BUSINESS MANAGER 40.00
Officer Director
$184,721 $61,436 $246,157
CARRIE ROSE TREASURER 40.00
Officer Director
$92,732 $41,793 $134,525
JOSHUA MICKLEY PRESIDENT 2.00
Director
$1,200 $0 $1,200
MIKEL REVELS VICE PRESIDENT 2.00
Director
$0 $0 $0
MATT TUCKER RECORDING SECRETARY 1.00
Director
$0 $0 $0
STEVE BOWEN EXECUTIVE BOARD 1.00
Director
$0 $0 $0
JASON CHILDRESS EXECUTIVE BOARD 1.00
Director
$0 $0 $0
WADE FISHER EXECUTIVE BOARD 1.00
Director
$0 $0 $0
MIKE JONES EXECUTIVE BOARD 1.00
Director
$0 $0 $0
STEVE MCENTIRE EXECUTIVE BOARD 1.00
Director
$0 $0 $0
BRANDON ROBERTSON EXECUTIVE BOARD 1.00
Director
$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 $1,456,233 $1,063,996 $1,810,546 $392,237
2022 $1,015,663 $857,311 $1,405,134 $158,352
2021 $858,477 $610,342 $1,235,644 $248,135
2020 $968,620 $598,052 $975,387 $370,568
2019 $731,820 $773,310 $603,834 $-41,490
2018 $718,862 $852,149 $617,913 $-133,287
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