INTERNATIONAL BROTHERHOOD OF BOILERMAKERS LOCAL S1978

EIN: 742525929

ROCK SPRINGS, WY

Total Revenue
$249,086
Total Expenses
$294,719
Total Assets
$460,376
Net Assets
$460,376
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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
1978
Legal Domicile
WY
Principal Officer
BRANDON A HANSEN
Phone
3073623820
Tax Period
2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF BOILERMAKERS LOCAL S1978, founded in 1978, is a small nonprofit that reported $249K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. Expenses of $295K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE ORGANIZATION IS ESTABLISHED TO COLLECT UNION DUES FROM MEMBERS AND USE THOSE DUES FOR MEMBER ACTIVITIES AND TO PROVIDE INCOME DURING STRIKES.

Program Service Accomplishments

Program 1

MEMBER DUES AND ASSESSMENTS

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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 (2025)

Revenue Breakdown

Contributions & Grants $229,656
Program Service Revenue $0
Investment Income $19,430
Other Revenue $0
TOTAL REVENUE $249,086

Expense Breakdown

Grants Paid $400
Salaries & Benefits $64,541
Fundraising Expenses $0
Other Expenses $229,778
TOTAL EXPENSES $294,719

Year-over-Year Comparison

2025 2024 Change
Revenue $249,086 $277,513 -0.1%
Expenses $294,719 $299,296 0.0%
Net Income $-45,633 $-21,783 +1.1%
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
144
Independent Members
144
Employees
10
Volunteers
200

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
$12,420
Total Directors
4
$12,420
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENT VESSELS SECETARY/TREASURER 10.00
Officer Director
$3,420 $0 $3,420
CURTIS HUITT VICE-PRESIDENT 10.00
Officer Director
$2,400 $0 $2,400
BRANDON HANSEN PRESIDENT 10.00
Officer Director
$4,200 $0 $4,200
JEFFREY LUX RECORDING SECRETARY 10.00
Officer Director
$2,400 $0 $2,400
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 $249,086 $294,719 $460,376 $-45,633
2024 $277,513 $299,296 $506,009 $-21,783
2023 $235,954 $279,504 $527,892 $-43,550
2022 $192,580 $311,202 $571,442 $-118,622
2021 $295,663 $331,862 $690,064 $-36,199
2020 $339,408 $314,183 $726,303 $25,225
2019 $324,375 $327,016 $701,078 $-2,641
2018 $363,333 $379,198 $690,253 $-15,865
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