Local No 494 International Brotherhood
Nonprofit profile at a glance
- EIN
- 390260870
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Milwaukee, WI, USA
- Phone
- 4143275202
- Rating confidence
- Limited
Reported finances
- Revenue
- $6,763,546
- Expenses
- $4,826,778
- Assets
- $14,285,836
- Liabilities
- $434,911
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- JOSEPH FALKENBERG (PRESIDENT THROUGH 7/1/25)
- JOHN MCINTYRE (VICE PRESIDENT THROUGH 7/1/25)
- BRETT FORSTER (PRESIDENT AS OF 7/1/25)
- JACOB BAUMHARDT (VICE PRESIDENT AS OF 7/1/25)
Highest reported compensation
- JOHN JACOBS (BUSINESS MANAGER): $200,732 total reported compensation
- NICHOLAS CAMPBELL (EMPLOYEE): $191,996 total reported compensation
- TODD PAULY (EMPLOYEE): $176,381 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Together, we will provide quality electrical services with highly trained and hard working members of the ibew/ neca team. We will earn the respect of our customers and community by being innovative, responsive, productive and cost effective. To assure that every electrical worker in the electrical industry enjoys the full benefits of i.b.e.w. Representation and membership for a better quality of life. To achieve power to negotiate the terms and conditions of employment of every electrical worker for a better standard of living. To elevate the economic, political and social standing of every electrical worker in our community and society. To enable the i.b.e.w. To plan a positive and stabilizing role for benefit of the industry's participants, customers and community at large. To assume a leading role in the revitalizing for the labor movement.
What it reported doing in 2025
Conducts collective bargaining on behalf of the members.
Operating model
- Revenue model
- Membership-supported. 92% 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 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: 60
- Accountability: 34
- Sustainability: 68
- 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: 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: 18.2%; rating input score 18; 8th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: 28.6%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 2.96; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 23.7%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 2 of 11 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $201K · 21 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $124K reported
- Consistency: 12 of 12 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 19 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Independent voting board scored 18/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 12/100.