Ibew Local 763

Nonprofit profile at a glance

EIN
470463237
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Omaha, NE, USA
Phone
4025511004
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$833,626
Expenses
$696,920
Assets
$2,161,588
Liabilities
$669

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JASON M CAVANAUGH (PRESIDENT)
  • BRADLEY R ERICKSON (VICE PRESIDENT)
  • DAVID P BENAK (PRESIDENT)

Highest reported compensation

  • DAVID P BENAK (PRESIDENT): $17,271 total reported compensation
  • JASON M CAVANAUGH (PRESIDENT): $9,594 total reported compensation
  • RYAN C LONG (RECORDING SECRETARY): $8,766 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improve the working members economic status and working conditions through the collective bargaining process.

What it reported doing in 2025

Labor union in the electrical industry.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for affiliated organizations.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 60
  • Accountability: 68
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.8%; rating input score 58
  • Program expense ratio: 87.9%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.4%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 3.1; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 57.8% of revenue deployed · 87.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $612K in reported program spending
  • Leadership: top reported pay $17K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • High — Accountability: Governance controls: 7 of 9 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.