International Brotherhood of Electrical Workers Local Union 112

EIN: 910525785 Employment

Kennewick, WA

Total Revenue
$10,221,156
Total Expenses
$4,542,308
Total Assets
$26,074,922
Net Assets
$25,089,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
WA
Phone
5097350512
Tax Period
2024-06-01 to 2025-05-31

International Brotherhood of Electrical Workers Local Union 112, founded in 1947, is a mid-sized nonprofit in the Employment sector that reported $10.2M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.7M, a strong 56% operating margin.

Mission

IBEW LOCAL UNION 112'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE COLLECTIVE BARGAINING, REPRESENTATION AND OTHER UNION PROGRAMS TO BENEFIT ITS MEMBERS.

Program Service Accomplishments

Program 1

IBEW LOCAL UNION 112'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE COLLECTIVE BARGAINING, REPRESENTATION AND OTHER UNION PROGRAMS TO BENEFIT ITS MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,461,411
Investment Income $591,614
Other Revenue $168,131
TOTAL REVENUE $10,221,156

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,135,215
Fundraising Expenses $0
Other Expenses $2,351,488
TOTAL EXPENSES $4,542,308

Year-over-Year Comparison

2024 2023 Change
Revenue $10,221,156 $7,409,961 +0.4%
Expenses $4,542,308 $5,140,033 -0.1%
Net Income $5,678,848 $2,269,928 +1.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
84
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
7
$301,705
Total Directors
7
$301,705
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRAVIS E SWAYZE BUS MGR/FIN SEC 40.00
Officer Director
$205,766 $61,565 $267,331
RYLAN GRIMES ORGANIZER 40.00
$184,679 $61,565 $246,244
TRAVIS SELLERS BUS REPRESENTATIVE 40.00
$184,679 $61,565 $246,244
AARON S SIEFKEN ORGANIZER 40.00
$184,679 $61,565 $246,244
JOHN C HAMANN ORGANIZER 40.00
$169,488 $61,565 $231,053
ROBERT LEGARD BUS REPRESENTATIVE 40.00
$158,498 $51,304 $209,802
LORETTA A JOHNSON OFFICE MANAGER 40.00
$103,584 $50,656 $154,240
SONYA ENGLERT SECRETARY/BOOKKEEPER 40.00
$94,022 $50,356 $144,378
MOSES TORRESCANO REC'D SECT'Y 1.00
Officer Director
$7,320 $3,801 $11,121
DANIEL MCCONKEY Vice President 1.00
Officer Director
$6,022 $3,570 $9,592
JAMES L GLINES President 1.00
Officer Director
$3,093 $1,324 $4,417
JAMES T FERTIG EXEC. BOARD MBR 1.00
Officer Director
$3,016 $1,290 $4,306
MATT R SEARS EXEC. BOARD MBR 1.00
Officer Director
$2,900 $1,232 $4,132
JUSTIN THOMPSON Treasurer 1.00
Officer Director
$682 $124 $806
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 $10,221,156 $4,542,308 $26,074,922 $5,678,848
2024 $7,409,961 $5,140,033 $20,826,099 $2,269,928
2023 $6,134,936 $3,338,341 $17,887,632 $2,796,595
2022 $4,867,526 $3,189,578 $15,445,907 $1,677,948
2021 $4,802,819 $2,776,914 $13,442,299 $2,025,905
2020 $4,864,506 $2,774,814 $11,379,840 $2,089,692
2019 $4,034,419 $2,198,840 $9,373,558 $1,835,579
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