Brotherhood and Welfare Fund

Nonprofit profile at a glance

EIN
870735666
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Las Vegas, NV, USA
Phone
7024529357
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment N.E.C.

Reported finances

Revenue
$56,611
Expenses
$43,407
Assets
$75,304
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DANIEL MCDOW (CHAIRMAN/PRESIDENT)

People named in this filing

  • DANIEL MCDOW (CHAIRMAN/PRESIDENT)
  • TYLER C EATON (SECRETARY/TREASURER)
  • WILLIAM SPIELBERG (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To financially relieve ibew members.

What it reported doing in 2024

To financially relieve members of ibew who become injured or ill, or suffer extreme financial hardship.

Operating model

Revenue model
Other-operating. 68% of the money available for current operations came from other operating revenue.
Distribution model
Member-benefit provider. The nonprofit used 76% of its reported program spending for member benefits.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 68
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74%; rating input score 74
  • Program expense ratio: 96.5%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 23.3%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.73; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2.9% per year; rating input score 0; 40th percentile among comparable filings
  • Revenue growth: 14.8% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 15.9% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 74% of revenue deployed · 96.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $42K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.