Local No 488 International Brotherhood of Electrical Workers
Nonprofit profile at a glance
- EIN
- 060400910
- IRS 990 coverage
- 2016–2025
- Forms available
- Form 990 2025
- Location
- Monroe, CT, USA
- Phone
- 2034527679
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,884,135
- Expenses
- $1,241,664
- Assets
- $992,390
- Liabilities
- $28,700
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- STEPHEN J RODRIGUES (PRESIDENT)
- TRAVIS E GERALD (VICE PRESIDENT)
Highest reported compensation
- DANIEL W MCINERNEY (BUSINESS MANAGER/FINANCIAL SECRETARY): $228,312 total reported compensation
- ANTHONY CAVALLI (TREASURER/ASST. BUSINESS M): $202,814 total reported compensation
- JEROME WHITE (RECORDING SECRETARY): $177,414 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve as a labor union for electricians.
What it reported doing in 2025
To negotiate union contracts for members and coordinate with contractors to improve working conditions relating to job sites.
Operating model
- Revenue model
- Earned-program. 84% 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 verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 72
- Accountability: 66
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- 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: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.4%; rating input score 96; 47th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 76.9%; rating input score 77; 20th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 34.1%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 49%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 13 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $228K · 15 people listed · 1 of 6 pay-setting controls reported
- Consistency: 11 of 11 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 10 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.