International Brotherhood of Electrical Workers Local 569 AFL-CIO (EIN 950865952) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1920

Legal Domicile

Principal Officer

Jeremy Abrams

Phone

8585698900

Tax Period

2025-01-01 to 2025-12-31

International Brotherhood of Electrical Workers Local 569 AFL-CIO, founded in 1920, is a mid-sized nonprofit that reported $11.1M in total revenue in fiscal year 2025. Expenses of $10.7M left a modest 4% surplus.

Mission

Secure improved wages & working conditions & promote participation in educational activities

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,787,065

Investment Income $240,341

Other Revenue $61,300

TOTAL REVENUE $11,088,706

Expense Breakdown

Grants Paid $158,450

Salaries & Benefits $3,967,678

Fundraising Expenses $0

Other Expenses $6,547,892

TOTAL EXPENSES $10,674,020

Year-over-Year Comparison

	2025	2024	Change
Revenue	$11,088,706	$11,346,526	0.0%
Expenses	$10,674,020	$9,832,268	+0.1%
Net Income	$414,686	$1,514,258	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$246,442

Total Directors

$273,911

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joel Basore	President	1.00	Officer Director	$19,437	$3,154	$22,591
Steven M Wilcox	Treasurer	1.00	Officer Director	$2,085	$0	$2,085
Nephi A Hancock	Vice President	1.00	Officer Director	$2,085	$0	$2,085
James Deal	Executive Board Member	1.00	Director	$4,548	$648	$5,196
Caterina Barbera	Executive Board Member	1.00	Director	$1,551	$0	$1,551
Jeremy AbramsBusiness	Mgr/Financial Secretary	40.00	Officer Director	$180,216	$35,294	$215,510
Thomas Sokolnicki	Record. Secretary	1.00	Officer Director	$4,171	$0	$4,171
Travis MurphyExecutive	Board Member - thru July 2025	1.00	Director	$851	$0	$851
Mark D Cinotto	Executive Board Member	1.00	Director	$6,500	$1,134	$7,634
Joe Heisler	Board Member - As of July 2025	1.00	Director	$707	$0	$707
Travis Kohmescher	Executive Board Member	1.00	Director	$9,564	$1,966	$11,530
Chad Barclay	Business Representative	40.00	Highest	$147,382	$34,457	$181,839
Daniel Machain	Assistant Business Manager	40.00	Highest	$159,574	$42,608	$202,182
Christian Richter	Organizer	40.00	Highest	$147,382	$35,389	$182,771
Joseph Page	Assistant Business Manager	40.00	Highest	$159,574	$34,457	$194,031
Hector Meza Valanzuela	Business Agent	40.00	Highest	$147,382	$34,457	$181,839

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	$11,088,706	$10,674,020	$15,493,823	$414,686
2024	$11,346,526	$9,832,268	$15,036,254	$1,514,258
2023	$9,623,056	$9,166,891	$13,568,584	$456,165
2022	$9,018,377	$8,655,776	$13,034,245	$362,601
2021	$7,614,272	$7,941,715	$12,947,624	$-327,443
2020	$7,471,430	$6,445,019	$13,368,362	$1,026,411
2019	$7,324,254	$7,171,296	$12,263,263	$152,958
2018	$7,389,315	$7,361,564	$12,124,856	$27,751

International Brotherhood of Electrical Workers Local 569 AFL-CIO