LOCAL 234 IBEW BUILDING CORPORATION (EIN 942313919) - 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

1975

Legal Domicile

Principal Officer

JOSE MUNOZ

Phone

8316332311

Tax Period

2024-01-01 to 2024-12-31

LOCAL 234 IBEW BUILDING CORPORATION, founded in 1975, is a small nonprofit that reported $341K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $53K, a strong 16% operating margin.

Mission

TO HOLD TITLE TO REAL PROPERTY FOR THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 234.

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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 $314,043

Program Service Revenue $17,360

Investment Income $36

Other Revenue $9,217

TOTAL REVENUE $340,656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $287,658

TOTAL EXPENSES $287,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$340,656	$1,158,509	-0.7%
Expenses	$287,658	$93,039	+2.1%
Net Income	$52,998	$1,065,470	-1.0%

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

N/A

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

$521,936

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL GUTIERREZ	BUSINESS MANAGER	2.0	Officer	$0	$63,339	$261,054
JORGE SUAREZ	ASST. BUS. MGR./E-BOARD	1.0	Officer	$0	$62,655	$237,544
ENRIQUE RAMOS	TREASURER	1.0	Officer	$0	$0	$6,255
ANDREW HARTMANN	PRESIDENT	1.0	Officer	$0	$0	$6,255
STEPHEN SLOVACEK	RECORDING SECRETARY	1.0	Officer	$0	$0	$4,590
JONATHON MARQUEZ	EXECUTIVE BOARD	1.0	Officer	$0	$0	$3,128
NICK JACKSON	EXECUTIVE BOARD	1.0	Officer	$0	$0	$1,564
NICHOLAS PRELGOVISK	EXECUTIVE BOARD	1.0	Officer	$0	$0	$1,546
JOHN AGRA	EXECUTIVE BOARD	1.0	Officer	$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
2024	$340,656	$287,658	$3,967,750	$52,998
2023	$1,158,509	$93,039	$3,944,358	$1,065,470
2022	$477,779	$55,274	$1,206,602	$422,505
2021	$19,211	$49,041	$1,235,933	$-29,830
2020	$19,313	$64,648	$1,274,673	$-45,335
2019	$422,884	$41,316	$1,328,317	$381,568
2018	$20,953	$18,755	$477,695	$2,198

LOCAL 234 IBEW BUILDING CORPORATION