Local Union 266 Electrical Workers… - Form 990 Financial Data

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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

1939

Legal Domicile

Principal Officer

Steve Vital

Phone

6022756222

Tax Period

2024-07-01 to 2025-06-30

Local Union 266 Electrical Workers Building Corporation, founded in 1939, is a micro nonprofit that reported $60K in total revenue in fiscal year 2024. Net assets of $694K represent 139 months of operating reserves.

Mission

To protect members from SRP unfair practices and negotiate salaries with SRP.

Program Service Accomplishments

Program 1

To Protect members from SRP unfair practices and negotiate salaries with SRP.

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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 $0

Investment Income $13

Other Revenue $60,000

TOTAL REVENUE $60,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $61,247

TOTAL EXPENSES $61,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$60,013	$60,011	+0.0%
Expenses	$61,247	$64,189	0.0%
Net Income	$-1,234	$-4,178	-0.7%

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

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

Total Directors

$276,576

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Vital	bus mgr/fin sec	2.00	Director	$0	$38,043	$229,333
Richard Bond	exec board	2.00	Director	$0	$0	$7,534
Timothy Halia	Exec Board	2.00	Director	$0	$0	$7,241
Anastacia Burdette	Rec Sec	2.00	Director	$0	$0	$6,015
Oman Crandell	Unit chairman	2.00	Director	$0	$0	$4,561
Louie Zapata	Treasurer	2.00	Director	$0	$0	$4,548
Thomas Olivas	Vice President	2.00	Director	$0	$0	$4,170
Jason Stanford	President	2.00	Director	$0	$0	$3,064
Jason Hanten	Exe Board	2.00	Director	$0	$0	$3,064
Justen Stradling	Unit Vice Chair	2.00	Director	$0	$0	$2,651
Carmela Lamadore	exec Board	2.00	Director	$0	$0	$1,875
Cesar Valenzuela	exec board	2.00	Director	$0	$0	$840
Steven Sancedo II	Exec Board	2.00	Director	$0	$0	$840
Everett Plant	Exec Board	2.00	Director	$0	$0	$840
greg bronson	Asst Bus Manager	2.00		$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	$60,013	$61,247	$694,102	$-1,234
2024	$60,011	$64,189	$695,385	$-4,178
2023	$60,009	$62,283	$699,482	$-2,274
2022	$-94,794	No data	$701,891	No data
2021	$-1,765	No data	$797,394	No data

Local Union 266 Electrical Workers Building Corporation