INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #44 (EIN 810283332) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

SCOTT KLUNGLAND

Phone

4067233203

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #44, founded in 1990, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 13% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO ORGANIZE AND REPRESENT ELECTRICAL WORKERS IN 33 COUNTIES OF THE STATE OF MONTANA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,624,909

Investment Income $93,637

Other Revenue $80,055

TOTAL REVENUE $1,798,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $751,630

Fundraising Expenses $0

Program Expenses $1,065,954

Other Expenses $812,796

TOTAL EXPENSES $1,564,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,798,601	$1,656,626	+0.1%
Expenses	$1,564,426	$1,659,655	-0.1%
Net Income	$234,175	$-3,029	-78.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$397,976

Total Directors

$397,976

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC CHENEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
RODY VETTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MYLES KELLY	TREASURER	1.00	Officer Director	$0	$0	$0
CORY KANTA	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
JOSH EDWARDS	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
TRENT HORSWILL	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
RUSTIN KRAENZEL	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
ZACHARY BIRNEL	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
TOM WIND	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
JUSTIN MARTIN	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
SCOTT KLUNGLAND	BUS MGR/FIN SEC.	40.00	Officer Director	$166,379	$49,438	$215,817
ROBERT MCCORMICK	EXECUTIVE BOARD	1.00	Officer Director	$0	$0	$0
KYLE HINTZ	ASST BUSINESS MANAGER	40.00	Officer Director	$133,099	$49,060	$182,159

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	$1,798,601	$1,564,426	$3,235,038	$234,175
2022	$1,656,626	$1,659,655	$2,997,785	$-3,029
2021	$1,649,581	$1,436,655	$3,007,230	$212,926
2020	$1,568,884	$1,543,532	$2,796,120	$25,352
2019	$1,541,035	$1,342,910	$2,766,866	$198,125
2018	$1,394,210	$1,258,800	$2,567,269	$135,410

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #44