Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
EIN 06-0669593 • 501(c)5 • Newington, CT
Profile
The members of local union 1040, ibew will endeavor to foster and nurture a productive work environment that promotes the spirit of unity and provides an atmosphere that respects the individual strengths of each member. We recognize that each member's unique strengths contribute to the overall efficiency and strength of our union. By working cooperatively with management, we seek to resolve any issues that may arise in the ever-changing business environment that would interfere with our common goal of providing energy and its related products by the workforce herein comprised.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 30.2% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Assets
Up$24,872
Up $16,667 (+203%) from 2023
Liabilities
Flat$3,303
Flat from 2023
Net Assets
Up$21,569
Up $16,667 (+340%) from 2023
Revenue
Up$154,527
Up $17,743 (+13%) from 2023
Expenses
Down$137,860
Down $54,014 (-28%) from 2023
Net Income
Up$16,667
Up $71,757 (+130%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The members of local union 1040, ibew will endeavor to foster and nurture a productive work environment that promotes the spirit of unity, as well as provide an atmosphere that respects the individual strengths of each member we recognize each member's unique strengths contribute to the overall efficiency and strength of our union. By working cooperatively with management to resolve any issues, that may arise in the ever-changing business environment, that would interfere with our common goal of providing energy and its related products by the workforce herein comprised.
The members of local union 1040, ibew will endeavor to foster and nurture a productive work environment that promotes the spirit of unity and provides an atmosphere that respects the individual strengths of each member. We recognize that each member's unique strengths contribute to the overall efficiency and strength of our union. By working cooperatively with management, we seek to resolve any issues that may arise in the ever-changing business environment that would interfere with our common goal of providing energy and its related products by the workforce herein comprised.
| Description | Grants | Expenses |
|---|---|---|
| THE MEMBERS OF LOCAL UNION 1040, IBEW WILL ENDEAVOR TO FOSTER AND NURTURE A PRODUCTIVE WORK ENVIRONMENT THAT PROMOTES THE SPIRIT OF UNITY AND PROVIDES AN ATMOSPHERE THAT RESPECTS THE INDIVIDUAL STRENGTHS OF EACH MEMBER. WE RECOGNIZE THAT EACH MEMBER'S UNIQUE STRENGTHS CONTRIBUTE TO THE OVERALL EFFICIENCY AND STRENGTH OF OUR UNION. BY WORKING COOPERATIVELY WITH MANAGEMENT, WE SEEK TO RESOLVE ANY ISSUES THAT MAY ARISE IN THE EVER-CHANGING BUSINESS ENVIRONMENT THAT WOULD INTERFERE WITH OUR COMMON GOAL OF PROVIDING ENERGY AND ITS RELATED PRODUCTS BY THE WORKFORCE HEREIN COMPRISED. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PHILLIP STEWART | Business Manager/ F.S. (P) | FT | $37,848 | $8,843 | $46,691 |
| RAY CHUPAS | Vice President | - | $6,732 | - | $6,732 |
| LISA FOLEY | Treasurer | - | $3,136 | - | $3,136 |
| LAURA CAPUANO | Executive Board | - | $283 | - | $283 |
| MICHAEL CHASSE | Executive Board | - | $129 | - | $129 |
| SHIRLEY GIOVE | Executive Board | - | $76 | - | $76 |
| DONALD MCNAMARA | Recording Secretary | - | $50 | - | $50 |
| ED HEINZE | President (P) | - | $0 | - | - |
| PAUL GUIMARAES | Executive Board | - | $0 | - | - |
“Affiliate name: international brotherhood of electrical workers. Affiliate address: 900 seventh st nw washington, dc 20001. Amount of payment: 50,513.”
“Description: payroll taxes. Amount: 4,027. Description: office. Amount: 3,399. Description: travel. Amount: 2,907. Description: depreciation. Amount: 1,107. Description: telephone & communications. Amount: 2,008. Total to form 990-ez, line 16: 13,448.”
“Description: accounts payable. Beg. Of year amount: 3,303. End of year amount: 3,303.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LISA FOLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8604169402 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 705 NORTH MOUNTAIN ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEWINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06111 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4345 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22119 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16667 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11097 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 8205 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24872 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 50513 |
| IRS990EZ/GrossReceiptsAmt | 0 | 154527 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 3860 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 2753 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 154527 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 4902 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 21569 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 4902 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 21569 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 882 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 3136 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 129 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 37848 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 6732 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 76 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 283 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 8843 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DONALD MCNAMARA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ED HEINZE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LISA FOLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MICHAEL CHASSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PHILLIP STEWART |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | RAY CHUPAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | SHIRLEY GIOVE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | LAURA CAPUANO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | PAUL GUIMARAES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | RECORDING SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT (P) |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EXECUTIVE BOARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BUSINESS MANAGER/ F.S. (P) |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | EXECUTIVE BOARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | EXECUTIVE BOARD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | EXECUTIVE BOARD |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13448 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MEMBERS OF LOCAL UNION 1040, IBEW WILL ENDEAVOR TO FOSTER AND NURTURE A PRODUCTIVE WORK ENVIRONMENT THAT PROMOTES THE SPIRIT OF UNITY AND PROVIDES AN ATMOSPHERE THAT RESPECTS THE INDIVIDUAL STRENGTHS OF EACH MEMBER. WE RECOGNIZE THAT EACH MEMBER'S UNIQUE STRENGTHS CONTRIBUTE TO THE OVERALL EFFICIENCY AND STRENGTH OF OUR UNION. BY WORKING COOPERATIVELY WITH MANAGEMENT, WE SEEK TO RESOLVE ANY ISSUES THAT MAY ARISE IN THE EVER-CHANGING BUSINESS ENVIRONMENT THAT WOULD INTERFERE WITH OUR COMMON GOAL OF PROVIDING ENERGY AND ITS RELATED PRODUCTS BY THE WORKFORCE HEREIN COMPRISED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE MEMBERS OF LOCAL UNION 1040, IBEW WILL ENDEAVOR TO FOSTER AND NURTURE A PRODUCTIVE WORK ENVIRONMENT THAT PROMOTES THE SPIRIT OF UNITY AND PROVIDES AN ATMOSPHERE THAT RESPECTS THE INDIVIDUAL STRENGTHS OF EACH MEMBER. WE RECOGNIZE THAT EACH MEMBER'S UNIQUE STRENGTHS CONTRIBUTE TO THE OVERALL EFFICIENCY AND STRENGTH OF OUR UNION. BY WORKING COOPERATIVELY WITH MANAGEMENT, WE SEEK TO RESOLVE ANY ISSUES THAT MAY ARISE IN THE EVER-CHANGING BUSINESS ENVIRONMENT THAT WOULD INTERFERE WITH OUR COMMON GOAL OF PROVIDING ENERGY AND ITS RELATED PRODUCTS BY THE WORKFORCE HEREIN COMPRISED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 61920 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3303 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3303 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 137860 |
| IRS990EZ/TotalRevenueAmt | 0 | 154527 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AFFILIATE NAME: INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS. AFFILIATE ADDRESS: 900 SEVENTH ST NW WASHINGTON, DC 20001. AMOUNT OF PAYMENT: 50,513. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PAYROLL TAXES. AMOUNT: 4,027. DESCRIPTION: OFFICE. AMOUNT: 3,399. DESCRIPTION: TRAVEL. AMOUNT: 2,907. DESCRIPTION: DEPRECIATION. AMOUNT: 1,107. DESCRIPTION: TELEPHONE & COMMUNICATIONS. AMOUNT: 2,008. TOTAL TO FORM 990-EZ, LINE 16: 13,448. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,303. END OF YEAR AMOUNT: 3,303. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA FOLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8604169402 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INTERNATIONAL BROTHERHOOD L1040 |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INTE |
| ReturnHeader/Filer/EIN | 0 | 060669593 |
| ReturnHeader/Filer/PhoneNum | 0 | 8604169402 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 705 NORTH MOUNTAIN RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEWINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06111 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611436956 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NOVAK FRANCELLA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 40 MONUMENT RD 5TH FLR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BALA CYNWYD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 19004 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6106689400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LOUIS VERZELLA CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T12:35:20-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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