International Brotherhood of Electrical Workers Local 985
Nonprofit profile at a glance
- EIN
- 640411490
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cleveland, MS, USA
- Phone
- 6628437488
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $92,618
- Expenses
- $111,412
- Assets
- $174,764
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- TERRY CLARK (PRESIDENT)
People named in this filing
- TERRY CLARK (PRESIDENT)
- DEXTER HEMPHILL (VICE PRESIDE)
- ZEEK HAWKING (SECRETARY)
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
Int'l brotherhood of electrical workers local 985 is a labor union consisting of an association of electrical workers who have combined to protect the interest of the members by bargaining collectively with their employer to secure better working conditions, wages, etc. This organization does not have any net earnings benefiting from its members.
What it reported doing in 2024
Int'l brotherhood of electrical workers local 985 continues to protect the interest of the members by bargaining collectively with their employer to secure better working conditions, wages, etc. This organization does not have any net earnings benefiting from its members.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.9%; rating input score 90
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -20.3%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 1.57; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 5.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -0.7% per year; rating input score 0; 36th percentile among comparable filings
Details
- Where the money goes: 89.9% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 11/100.