INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 68

EIN: 840235305

DENVER, CO

Total Revenue
$8,305,958
Total Expenses
$5,559,231
Total Assets
$33,946,014
Net Assets
$33,946,014
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
CO
Principal Officer
ZACHARY ESQUIBEL
Phone
3032970229
Tax Period
2025-04-01 to 2026-03-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 68, founded in 1907, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2025. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 33% operating margin.

Mission

OUR CAUSE IS THE CAUSE OF HUMAN JUSTICE, HUMAN RIGHTS, AND HUMAN SECURITY. OUR OBJECT IS TO ORGANIZE ALL WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY WORKING IN OUR JURISDICTION INTO OUR LOCAL UNION. WE BELIEVE IN CULTIVATING FEELINGS OF FRIENDSHIP AMONG THOSE IN OUR INDUSTRY, ASSISTING EACH OTHER IN SICKNESS OR DISTRESS, SECURING ADEQUATE PAY FOR OUR WORK IN ORDER TO ACHIEVE A HIGHER STANDARD OF LIVING, SEEKING SECURITY FOR OUR INDIVIDUAL MEMBERS, AND BY LEGAL AND PROPER MEANS ELEVATING THE MORAL, INTELLECTUAL, AND SOCIAL CONDITIONS OF OUR MEMBERS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

PROMOTION OF THE WELFARE OF ITS MEMBERS, SERVE AS THEIR COLLECTIVE BARGAINING AGENCY AND SETTLE DISPUTES BETWEEN MEMBERS AND THEIR EMPLOYERS.

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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 $0
Program Service Revenue $7,327,173
Investment Income $867,562
Other Revenue $111,223
TOTAL REVENUE $8,305,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,004,125
Fundraising Expenses $0
Other Expenses $3,495,458
TOTAL EXPENSES $5,559,231

Year-over-Year Comparison

2025 2024 Change
Revenue $8,305,958 $6,907,911 +0.2%
Expenses $5,559,231 $4,639,506 +0.2%
Net Income $2,746,727 $2,268,405 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
14
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
5
$274,109
Total Directors
7
$38,741
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL PASTORE EXECUTIVE BOARD 2.00
Director
$0 $872 $5,402
ROBERT DELGADO JR EXECUTIVE BOARD 2.00
Director
$0 $721 $4,741
TITO ALEMAN III EXECUTIVE BOARD 2.00
Director
$0 $1,931 $8,671
TROY INGALLS EXECUTIVE BOARD 2.00
Director
$0 $872 $5,126
DAMON JACKSON EXECUTIVE BOARD 2.00
Director
$0 $0 $2,208
KALEB STEPHENS EXECUTIVE BOARD 2.00
Director
$0 $302 $4,832
FELIX HERZOG EXECUTIVE BOARD 2.00
Director
$0 $1,852 $7,761
DEBORA TIKKA PRESIDENT 40.00
Officer
$49,140 $24,482 $79,593
MICHAEL KING RECORDING SECRETARY 5.00
Officer
$0 $1,754 $8,008
ZACHARY ESQUIBEL BUSINESS MANAGER 40.00
Officer
$134,527 $38,902 $173,429
MATTHEW BYNUM TREASURER 5.00
Officer
$0 $1,509 $9,220
SHAD MCCARTHY VICE PRESIDENT 5.00
Officer
$0 $302 $3,859
BRUCE DAHL AGENT 40.00
Highest
$119,647 $38,902 $158,549
ROBERT DELGADO AGENT 40.00
Highest
$119,647 $38,902 $158,549
DENNY GARCIA AGENT 40.00
Highest
$119,647 $38,902 $158,549
TRAVIS TRUJILLO ORGANIZER 40.00
Highest
$119,647 $38,902 $158,549
JULIAN AGUILAR ORGANIZER 40.00
Highest
$119,647 $38,902 $158,549
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
2026 $8,305,958 $5,559,231 $33,946,014 $2,746,727
2025 $6,907,911 $4,639,506 $30,580,187 $2,268,405
2024 $7,208,401 $4,209,059 $28,033,592 $2,999,342
2023 $5,962,782 $4,141,473 $24,592,281 $1,821,309
2022 $6,426,882 $3,493,841 $23,023,973 $2,933,041
2021 $5,195,041 $3,208,958 $20,313,389 $1,986,083
2020 $5,513,076 $3,419,824 $17,137,422 $2,093,252
2019 $5,349,061 $3,345,508 $15,338,075 $2,003,553
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