International Brotherhood of Electrical Workers - Local 2324

Nonprofit profile at a glance

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

14 people listed

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

Labor union

Provide assistance and support to union members.

Revenue model: Earned-program. 89% of the money available for current operations came from fees and other program revenue.
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; 64th 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: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 8th 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: Pass
- Independent financial-statement audit: Fail

Operating margin: 1.6%; rating input score 40; 40th percentile among comparable filings
Total-asset coverage ratio: 1.12; rating input score 44; 44th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
Officer compensation ratio: 54.2%; rating input score 3; 3rd percentile among comparable filings

Program expense growth: 77.5% per year; rating input score 100; 98th percentile among comparable filings
Revenue growth: -0.2% per year; rating input score 0; 19th percentile among comparable filings
Asset growth: -4.7% per year; rating input score 0; 10th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 12 board members independent · 2 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $197K · 14 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: 11 filing years from 2013 to 2025
Contacts: How to reach this organization
Money network: 14 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.