INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKER'S UNION LOCAL NO 413

EIN: 950865949

BUELLTON, CA

Total Revenue
$1,518,856
Total Expenses
$1,179,406
Total Assets
$1,874,711
Net Assets
$1,836,269
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
CA
Principal Officer
WILLIAM BAKER
Phone
8056888083
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKER'S UNION LOCAL NO 413, founded in 1917, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $339K, a strong 22% operating margin.

Mission

UNITE MEMBERS INTO ONE ORGANIZATION FOR the purpose of improving ECONOMIC ADVANTAGES THROUGH COLLECTIVE BARGAINING AND TO PROMOTE THE SOCIAL AWARENESS OF ITS MEMBERSHIP.

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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 $1,470,243
Investment Income $22,435
Other Revenue $26,178
TOTAL REVENUE $1,518,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $637,205
Fundraising Expenses $0
Other Expenses $537,213
TOTAL EXPENSES $1,179,406

Year-over-Year Comparison

2024 2023 Change
Revenue $1,518,856 $1,370,815 +0.1%
Expenses $1,179,406 $1,110,081 +0.1%
Net Income $339,450 $260,734 +0.3%
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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Governance

Voting Members
9
Independent Members
4
Employees
4
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
6
$383,087
Total Directors
13
$384,279
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BAKER BUSINESS MANAGER/FIN SEC'Y 45.0
Officer Director
$152,631 $49,428 $202,059
MATTHEW COOPER BUSINESS REP/TREASURER 45.0
Officer Director
$128,398 $47,467 $175,865
CHUCK HUDDLESTON PRESIDENT 1.0
Officer Director
$5,163 $0 $5,163
ROBERTO TORREZ RECORDING SECRETARY 0.5
Director
$1,192 $0 $1,192
RON VERBRYKE TREASURER - PAST 2.0
Officer Director
$0 $0 $0
JOE PAQUET EXECUTIVE BOARD - PAST 0.5
Director
$0 $0 $0
BEAU RAY EXECUTIVE BOARD - PAST 0.5
Director
$0 $0 $0
AMANDA OLAFFSON VICE PRESIDENT - PAST 0.5
Officer Director
$0 $0 $0
DAVID MOREARTY VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
CHAD MCGRAY EXECUTIVE BOARD 0.5
Director
$0 $0 $0
SAM WELLFORD EXECUTIVE BOARD 0.5
Director
$0 $0 $0
JUSTIN KENNEDY EXECUTIVE BOARD 0.5
Director
$0 $0 $0
GLEN GOODWIN EXECUTIVE BOARD 0.5
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
2024 $1,518,856 $1,179,406 $1,874,711 $339,450
2023 $1,370,815 $1,110,081 $1,531,789 $260,734
2022 $1,393,524 $1,073,647 $1,279,727 $319,877
2021 $962,726 $974,286 $953,027 $-11,560
2020 $992,318 $1,027,407 $960,382 $-35,089
2019 $1,207,711 $1,109,453 $989,124 $98,258
2018 $913,528 $1,109,434 $903,418 $-195,906
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