Intl Brotherhood of Electrical Wor… - 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

1901

Legal Domicile

Principal Officer

Randy Curry

Phone

4252593195

Tax Period

2023-07-01 to 2024-06-30

Intl Brotherhood of Electrical Workers Local 191, founded in 1901, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $8.3M left a modest 6% surplus.

Mission

TO ORGANIZE WORKERS IN THE ELECTRICAL INDUSTRY, SETTLE DISPUTES BETWEEN EMPLOYERS AND EMPLOYEES BY ARBITRATION, REDUCE HOURS, SECURE ADEQUATE PAY FOR WORK, SEEK A HIGHER STANDARD OF LIVING FOR MEMBERS, SEEK SECURITY FOR MEMBERS, BY LEGAL AND PROPER MEANS.

Program Service Accomplishments

Program 1

THE LOCAL UNION'S EXEMPT PURPOSE WAS ACHIEVED BY NEGOTIATING CONTRACTS, HEARING AND SETTLING GRIEVANCES, ARBITRATIONS, EDUCATION OF WORKERS, PLACEMENT SERVICES, PUBLIC EDUCATION AND JOB TRAINING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $45,833

Program Service Revenue $8,798,045

Investment Income $28,561

Other Revenue $0

TOTAL REVENUE $8,872,439

Expense Breakdown

Grants Paid $33,281

Salaries & Benefits $2,888,281

Fundraising Expenses $0

Other Expenses $5,329,800

TOTAL EXPENSES $8,335,145

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,872,439	$6,919,452	+0.3%
Expenses	$8,335,145	$7,111,578	+0.2%
Net Income	$537,294	$-192,126	-3.8%

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

$499,004

Total Directors

$136,356

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Randy Curry	Fin Sec/Bus Mgr	48.00	Officer	$169,678	$70,308	$239,986
Michael Schreck	Business Rep	48.00		$149,027	$69,516	$218,543
Barney Smith	Organizer	48.00		$149,027	$69,516	$218,543
Lisa Stuurmans	Bs Rep/Dsptch/A BM	48.00		$149,027	$69,516	$218,543
Andrew Vander Stoep	Political Liaison	48.00		$149,027	$69,516	$218,543
Sean Osborne	Organizer	48.00		$129,086	$56,517	$185,603
Craig Jones	Pst Fn Sc/Bs Mg	48.00	Officer	$109,315	$40,955	$150,270
Jeremy Chase	Presdnt/Bus Rep	48.00	Officer Director	$64,559	$29,688	$94,247
Travis Best	Trustee	4.00	Director	$10,259	$0	$10,259
Alexandra Ware	Recording Secre	4.00	Officer Director	$7,586	$0	$7,586
James Blanton	Trustee	4.00	Director	$4,675	$0	$4,675
Jeromy Deskin	Trustee	4.00	Director	$4,081	$0	$4,081
Daniel Dibble	Trustee	4.00	Director	$3,751	$0	$3,751
Joshua McKinley	Trustee	4.00	Director	$2,501	$0	$2,501
Ty Howson	Vice President	4.00	Officer Director	$1,778	$0	$1,778
Derek Maloney	Past Treasurer	4.00	Officer Director	$1,490	$0	$1,490
Nicholas Billmyer	Past Vice Pres	4.00	Officer Director	$1,490	$0	$1,490
Michael McGhee	Past Trustee	4.00	Director	$1,490	$0	$1,490
Joseph Verda	Past Rec Secre	4.00	Officer Director	$1,277	$0	$1,277
Robert Gay	Treasurer	4.00	Officer Director	$880	$0	$880
Darrel McLaughlin	Past Trustee	4.00	Director	$851	$0	$851

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	No data	No data	No data	No data
2024	$8,872,439	$8,335,145	$10,166,006	$537,294
2023	$6,919,452	$7,111,578	$9,532,199	$-192,126
2022	$6,526,965	$8,596,154	$9,702,365	$-2,069,189
2021	$6,523,768	$7,424,964	$12,797,101	$-901,196
2020	$7,544,842	$5,459,316	$12,822,561	$2,085,526
2019	$6,754,038	$5,863,056	$11,110,141	$890,982

Intl Brotherhood of Electrical Workers Local 191