Intl Brotherhood of Electrical Work Local Union 518 (EIN 860004772) - Form 990 Financial Analysis & Trantor Score

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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

1941

Legal Domicile

Principal Officer

Mark D Marcanti

Phone

9284258177

Tax Period

2024-07-01 to 2025-06-30

Intl Brotherhood of Electrical Work Local Union 518, founded in 1941, is a small nonprofit that reported $396K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 23% operating margin.

Mission

LABOR ORGANIZING

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $408,280

Investment Income $-12,516

Other Revenue $0

TOTAL REVENUE $395,764

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,267

Fundraising Expenses $0

Other Expenses $112,066

TOTAL EXPENSES $304,333

Year-over-Year Comparison

	2024	2023	Change
Revenue	$395,764	$328,844	+0.2%
Expenses	$304,333	$299,635	+0.0%
Net Income	$91,431	$29,209	+2.1%

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

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

$126,259

Total Directors

$126,259

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark D Marcanti	BM / Fin Sec	40.00	Officer Director	$96,043	$30,216	$126,259
Brian Baroldy	President	1.00	Officer Director	$0	$0	$0
Stephen Morales	Rec Sec	1.00	Director	$0	$0	$0
Cass Mitchell	Exec Board	0.00	Director	$0	$0	$0
Frank Struck	Vice President	1.00	Director	$0	$0	$0
Ian Soderman	Treasurer	1.00	Officer Director	$0	$0	$0
Gregory dillion	Exec Board	0.00	Officer Director	$0	$0	$0
Blaine Fitzgerald	EXEC BOARD	1.00	Director	$0	$0	$0
Kris Hawkins	EXEC BOARD	1.00	Director	$0	$0	$0
Mark Tarango	Exec Board	1.00	Director	$0	$0	$0
Joseph Jost	Exec Board	1.00	Director	$0	$0	$0
Ruben Russell	exec board	1.00	Director	$0	$0	$0

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	$395,764	$304,333	$412,640	$91,431
2024	$328,844	$299,635	$312,880	$29,209
2023	$322,977	$350,038	$284,278	$-27,061
2022	$341,658	$348,075	$314,579	$-6,417
2021	$283,164	$381,820	$354,308	$-98,656

Intl Brotherhood of Electrical Work Local Union 518