INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 969 (EIN 840440883) - 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

1985

Legal Domicile

Principal Officer

RICHARD MEISINGER

Phone

3037447171

Tax Period

2018-07-01 to 2019-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 969, founded in 1985, is a small nonprofit that reported $626K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $263K, a strong 42% operating margin.

Mission

THE ORGANIZATION IS ESTABLISHED TO PROVIDE ORGANIZATION TO WORKERS IN THE ELECTRICAL INDUSTRY. IT PROMOTES REASONABLE METHODS OF WORK, CULTIVATES FRIENDSHIPS AMONG THE INDUSTRY, SETTLES DISPUTES, AND ASSISTS IN SECURING EMPLOYMENT AND ADEQUATE PAY.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $591,557

Program Service Revenue $0

Investment Income $-59

Other Revenue $34,128

TOTAL REVENUE $625,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,311

Fundraising Expenses $0

Other Expenses $222,827

TOTAL EXPENSES $362,138

Year-over-Year Comparison

	2018	2017	Change
Revenue	$625,626	$527,515	+0.2%
Expenses	$362,138	$608,136	-0.4%
Net Income	$263,488	$-80,621	-4.3%

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

$60,275

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HAM	TRUSTEE	40.00	Director	$0	$0	$0
JAMES MILLIGAN II	FINANCIAL SECRETARY/BUSINE	40.00	Officer	$59,830	$445	$60,275

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
2019	$625,626	$362,138	No data	$263,488
2019	$625,626	$362,138	$1,186,891	$263,488

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 969