International Brotherhood of Electrical Workers 0768 Local

Nonprofit profile at a glance

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

15 people listed

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

The international brotherhood of electrical workers provides an environment for the growth and well-being of the union members

Costs incurred by the international brotherhood of electrical workers providing for the growth and well-being of the union members

Revenue model: Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- 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

Independent voting board: 10%; rating input score 10; 9th percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: 5.8%; rating input score 52; 52nd percentile among comparable filings
Total-asset coverage ratio: 1.76; rating input score 61; 61st percentile among comparable filings
Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
Officer compensation ratio: 15%; rating input score 23; 23rd percentile among comparable filings

Program expense growth: Limited
Revenue growth: 6.1% per year; rating input score 100; 49th percentile among comparable filings
Asset growth: 9.7% per year; rating input score 100; 58th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 1 of 10 board members independent · 7 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $186K · 15 people listed · 1 of 6 pay-setting controls reported
Consistency: 9 of 9 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 13 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 13 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.

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

High — Accountability: Independent voting board scored 10/100.
Review — Sustainability: Operating margin scored 52/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
High — Sustainability: Officer compensation ratio scored 23/100.