IBEW Building Corporation

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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

1998

Legal Domicile

Principal Officer

Luther Dunn Jr

Phone

8043539666

Tax Period

2025-01-01 to 2025-12-31

IBEW Building Corporation, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $209K in total revenue in fiscal year 2025. Expenses of $259K exceeded revenue, resulting in a 24% operating deficit.

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).

Program Service Accomplishments

Program 1

Held title to non-residential real estate property and rented the property to related exempt organizations.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $202,375

Investment Income $6,721

Other Revenue $51

TOTAL REVENUE $209,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $259,127

TOTAL EXPENSES $259,127

Year-over-Year Comparison

	2025	2024	Change
Revenue	$209,147	$211,790	0.0%
Expenses	$259,127	$225,671	+0.1%
Net Income	$-49,980	$-13,881	+2.6%

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

$443,475

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles C Skelly	Bus. Manager	1.00	Officer	$0	$43,928	$162,653
Luther Dunn Jr	Fin. Secretary	1.00	Officer	$0	$42,468	$154,163
Jason D Jenkins	Rec. Secretary	1.00	Officer	$0	$15,407	$54,070
James E Gary Jr	Exam. Board	1.00	Officer	$0	$4,116	$14,502
Thomas A Beach	Treasurer	1.00	Officer	$0	$2,058	$6,577
Fred E Byrant III	Exam. Board	1.00	Officer	$0	$1,776	$6,492
Christopher B Ball	President	1.00	Officer	$0	$1,441	$6,360
Caleb H Gillen	Executive Board	1.00	Officer	$0	$1,426	$6,042
Shawn P Fleek	Vice President	1.00	Officer	$0	$1,279	$4,333
Clayton W Parrish	Executive Board	1.00	Officer	$0	$1,357	$4,113
Eric J Easter	Executive Board	1.00	Officer	$0	$1,073	$3,732
Bryan R Gorman	Executive Board	1.00	Officer	$0	$1,064	$3,610
Christian Black	Executive Board	1.00	Officer	$0	$1,029	$3,490
Griffin D Green	Executive Board	1.00	Officer	$0	$1,029	$3,471
Jason E Biniasz	Exam. Board	1.00	Officer	$0	$1,029	$3,289
Timothy Boehm	Exam. Board	1.00	Officer	$0	$1,029	$3,289
Travis C Webb	Exam. Board	1.00	Officer	$0	$1,029	$3,289

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	$209,147	$259,127	$2,906,927	$-49,980
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