International Brotherhood of Electrical Workers 583 Local Union

EIN: 740706076

El Paso, TX

Total Revenue
$1,749,548
Total Expenses
$1,233,535
Total Assets
$4,703,514
Net Assets
$4,690,123
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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
1907
Legal Domicile
TX
Principal Officer
Leticia Marcum
Phone
9158779166
Tax Period
2024-07-01 to 2025-06-30

International Brotherhood of Electrical Workers 583 Local Union, founded in 1907, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $516K, a strong 29% operating margin.

Mission

Local Labor Union Representing Members of the International Brotherhood of Electrical Workers.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,630,836
Investment Income $105,072
Other Revenue $13,640
TOTAL REVENUE $1,749,548

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $423,477
Fundraising Expenses $0
Program Expenses $675,810
Other Expenses $781,178
TOTAL EXPENSES $1,233,535

Year-over-Year Comparison

2024 2023 Change
Revenue $1,749,548 $1,574,546 +0.1%
Expenses $1,233,535 $1,007,440 +0.2%
Net Income $516,013 $567,106 -0.1%
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

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Governance

Voting Members
10
Independent Members
N/A
Employees
6
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
4
$104,863
Total Directors
6
$8,197
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leticia Marcum Bus Mgr/Fin Sec 40.00
Officer
$102,813 $0 $102,813
Daniel Aguirre Executive Board 1.00
Director
$1,874 $0 $1,874
Anthony Lopez Executive Board 1.00
Director
$1,700 $0 $1,700
Eric Wyatt Executive Board 1.00
Director
$1,661 $0 $1,661
David Lino Executive Board 1.00
Director
$1,566 $0 $1,566
Daniel Diaz Executive Board 1.00
Director
$1,396 $0 $1,396
Sergio Betancourt Executive Board 1.00
$1,178 $0 $1,178
Eric Koch President 3.00
Officer
$1,100 $0 $1,100
Juan Santoyo Treasurer 3.00
$700 $0 $700
Manny Alvarado Recording Sec 3.00
Officer
$600 $0 $600
Rosy Cramblit Vice President 3.00
Officer
$350 $0 $350
Ray Amengol Executive Board 1.00
$275 $0 $275
Brian Rivera Executive Board 1.00
$266 $0 $266
Isai Guereque Executive Board 1.00
$50 $0 $50
Juan Rojas 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
2025 $1,749,548 $1,233,535 $4,703,514 $516,013
2024 $1,574,546 $1,007,440 $4,179,415 $567,106
2023 $1,244,520 $961,892 $3,613,621 $282,628
2022 $929,901 $743,720 $3,326,751 $186,181
2021 $1,022,686 $686,761 $3,142,053 $335,925
2020 $1,020,467 $725,362 $2,805,459 $295,105
2019 $1,135,032 $717,568 $2,510,104 $417,464
2018 $958,804 $761,530 $2,498,579 $197,274
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