INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 0428 LOCAL (EIN 950865964) - 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

1903

Legal Domicile

Principal Officer

BRIAN HOLT

Phone

6613232979

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 0428 LOCAL, founded in 1903, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 50% operating margin.

Mission

THE LOCAL'S PRIMARY FUNCTION INCLUDES REPRESENTING MEMBERS IN MATTERS RELATED TO EMPLOYEE-EMPLOYER RELATIONS, INCLUDING, BUT NOT LIMITED TO WAGES, HOURS AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT AND TO PROTECT AND PRESERVE THE UNION AS AN INSTITUTION IN THE PERFORMANCE OF ITS LEGAL AND CONTRACTUAL OBLIGATIONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $33,502

Program Service Revenue $5,248,749

Investment Income $507,484

Other Revenue $904

TOTAL REVENUE $5,790,639

Expense Breakdown

Grants Paid $18,225

Salaries & Benefits $1,313,177

Fundraising Expenses $0

Other Expenses $1,563,440

TOTAL EXPENSES $2,896,842

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,790,639	$4,627,234	+0.3%
Expenses	$2,896,842	$2,563,788	+0.1%
Net Income	$2,893,797	$2,063,446	+0.4%

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

N/A

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

$205,840

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN HOLT	BUS MGR/FIN	48.00	Officer	$166,164	$29,428	$195,592
DAVID THOMAS	PRESIDENT	6.00	Officer	$1,200	$0	$1,200
ALBERT GARCIA	VICE PRESIDE	6.00	Officer	$2,189	$0	$2,189
JON BACHMAN	REC. SECRETA	6.00	Officer	$2,092	$0	$2,092
ROBERT ELLIOT	TREASURER	4.00	Officer	$480	$0	$480
JONATHAN S CHRISHOLM	EXECUTIVE BO	4.00	Officer	$600	$0	$600
JOSE FLORES MAGANA	EXECUTIVE BO	4.00	Officer	$2,189	$0	$2,189
JACOB ELROD	EXECUTIVE BO	4.00	Officer	$898	$0	$898
JOHN CARDWELL	EXECUTIVE BO	4.00	Officer	$600	$0	$600
MARK DEWEY	ASST BUSINES	40.00	Highest	$154,971	$28,904	$183,875
ANECITO J DAMO	BUSINESS AGE	40.00	Highest	$140,128	$0	$140,128
PATRICK CARABAJAL	EXAMINING BO	40.00	Highest	$130,341	$0	$130,341
GASTON A MOORE	BUSINESS AGE	40.00	Highest	$130,944	$0	$130,944

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	$5,790,639	$2,896,842	$19,333,988	$2,893,797
2023	$4,627,234	$2,563,788	$16,551,984	$2,063,446
2022	$4,162,105	$2,484,006	$14,251,059	$1,678,099
2021	$2,666,100	$2,391,673	$13,026,362	$274,427
2020	$2,935,968	$2,416,585	$12,759,375	$519,383
2019	$3,222,627	$2,445,704	$12,172,870	$776,923

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS 0428 LOCAL