IBEW BUILDING CORPORATION (EIN 800019774) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

LUTHER B DUNN

Phone

8043539666

Tax Period

2023-01-01 to 2023-12-31

IBEW BUILDING CORPORATION, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $200K in total revenue in fiscal year 2018. Net assets of $1.8M represent 111 months of operating reserves.

Mission

THE ORGANIZATION IS A TITLE-HOLDING COMPANY FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 666, AN ORGANIZATION RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXATION UNDER IRC SECTION 501(C)(5).

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $297,429

Investment Income $0

Other Revenue $0

TOTAL REVENUE $297,429

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $260,527

TOTAL EXPENSES $260,527

Year-over-Year Comparison

	2023	2022	Change
Revenue	$297,429	$210,404	+0.4%
Expenses	$260,527	$260,273	+0.0%
Net Income	$36,902	$-49,869	-1.7%

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

N/A

Employees

N/A

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

$452,564

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES SKELLY	BUS. MGR	1.00	Officer	$0	$40,478	$140,016
LUTHER B DUNN	FIN. SECRETARY	1.00	Officer	$0	$38,889	$131,106
JASON D JENKINS	RECORDING SECRETARY	1.00	Officer	$0	$39,543	$127,427
THOMAS BEACH	VICE-PRESIDENT	1.00	Officer	$0	$2,219	$7,191
CHRIS BALL	PRESIDENT	1.00	Officer	$0	$1,450	$5,805
ROGER DALY	EXEC. BOARD	1.00	Officer	$0	$999	$3,690
SHAWN FLEEK	EXEC. BOARD	1.00	Officer	$0	$1,232	$4,439
TIMOTHY L BOEHM	EXAM. BOARD	1.00	Officer	$0	$1,126	$3,234
JAROD CLOUSE	EXEC. BOARD	1.00	Officer	$0	$999	$3,283
ANDREW H REVERE	TREASURER	1.00	Officer	$0	$2,000	$6,149
JAMES BELL JR	EXEC. BOARD	1.00	Officer	$0	$1,483	$4,561
MATT PHELPS	EXEC. BOARD	1.00	Officer	$0	$999	$3,242
DAVID SMALL	EXEC. BOARD	1.00	Officer	$0	$1,184	$4,730
JOHN D ADAMS	EXAM. BOARD	1.00	Officer	$0	$972	$3,185
TIMOTHY D KELLEY	EXAM. BOARD	1.00	Officer	$0	$413	$1,270
FRED E BRYANT III	EXAM. BOARD	1.00	Officer	$0	$999	$3,236

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	$297,429	$260,527	$2,973,185	$36,902
2022	$210,404	$260,273	$2,971,073	$-49,869
2021	$206,466	$197,851	$2,983,856	$8,615
2020	$199,339	$201,575	$2,974,505	$-2,236
2019	$196,581	$204,682	$2,978,695	$-8,101
2018	$199,754	$198,556	$3,016,403	$1,198

IBEW BUILDING CORPORATION