Civic Intelligence

International Union Internal Brohd Elect Wkrs Local 2150

EIN 39-1031359 • 501(c)5 • Menomonee Falls, WI

Profile

Promote social and economic justice through collective bargaining, meetings, education, communication, organizing new bargaining units, community action, administration of the organization, maintenance of its property and assets, delivery of benefits to represent members, fraternal and social activities and related activities which further the common interest of the membership.

N56 W13777 Silver Spring DrMenomonee Falls, WI 53051

ibewlocal2150.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.07x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.05x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Net Margin

30th percentile

2.5%

Higher net margin than 30% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$216,758

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Asset Growth

28th percentile

3.0%

Faster asset growth than 28% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

9.0%

Faster revenue growth than 54% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Using 2023 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Down

$3,839,187

Down $190,725 (-4.7%) from 2022

Liabilities

Up

$270,613

Up $44,179 (+20%) from 2022

Net Assets

Down

$3,568,574

Down $234,904 (-6.2%) from 2022

Revenue

Up

$5,681,099

Up $313,110 (+5.8%) from 2022

Expenses

Up

$5,884,282

Up $586,372 (+11%) from 2022

Net Income

Down

-$203,183

Down $273,262 (-390%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $2,821,453Liabilities 2011: $149,692Net Assets 2011: $2,671,7612011Assets 2012: $2,729,592Liabilities 2012: $119,013Net Assets 2012: $2,610,5792012Assets 2013: $2,833,334Liabilities 2013: $127,092Net Assets 2013: $2,706,2422013Assets 2014: $2,882,991Liabilities 2014: $149,016Net Assets 2014: $2,733,9752014Assets 2015: $2,991,158Liabilities 2015: $174,445Net Assets 2015: $2,816,7132015Assets 2016: $3,217,716Liabilities 2016: $190,964Net Assets 2016: $3,026,7522016Assets 2017: $3,497,103Liabilities 2017: $18,618Net Assets 2017: $3,478,4852017Assets 2018: $3,916,332Liabilities 2018: $299,278Net Assets 2018: $3,617,0542018Assets 2020: $4,146,613Liabilities 2020: $245,995Net Assets 2020: $3,900,6182020Assets 2021: $3,994,138Liabilities 2021: $241,198Net Assets 2021: $3,752,9402021Assets 2022: $4,029,912Liabilities 2022: $226,434Net Assets 2022: $3,803,4782022Assets 2023: $3,839,187Liabilities 2023: $270,613Net Assets 2023: $3,568,5742023

Latest loaded filing

2023

Assets$3,839,187
Liabilities$270,613
Net Assets$3,568,574

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,632,211Expenses 2011: $3,604,709Net Income 2011: $27,5022011Revenue 2012: $3,845,405Expenses 2012: $3,738,314Net Income 2012: $107,0912012Revenue 2013: $3,953,523Expenses 2013: $3,857,384Net Income 2013: $96,1392013Revenue 2014: $4,017,023Expenses 2014: $3,967,364Net Income 2014: $49,6592014Revenue 2015: $4,136,345Expenses 2015: $4,004,994Net Income 2015: $131,3512015Revenue 2016: $4,446,568Expenses 2016: $3,932,709Net Income 2016: $513,8592016Revenue 2017: $4,830,570Expenses 2017: $4,519,378Net Income 2017: $311,1922017Revenue 2018: $5,112,929Expenses 2018: $4,687,545Net Income 2018: $425,3842018Revenue 2020: $5,314,621Expenses 2020: $5,087,364Net Income 2020: $227,2572020Revenue 2021: $5,256,859Expenses 2021: $5,515,944Net Income 2021: -$259,0852021Revenue 2022: $5,367,989Expenses 2022: $5,297,910Net Income 2022: $70,0792022Revenue 2023: $5,681,099Expenses 2023: $5,884,282Net Income 2023: -$203,1832023

Latest loaded filing

2023

Revenue$5,681,099
Expenses$5,884,282
Net Income-$203,183

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.27$3.57$5.68$5.88$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.23$3.80$5.37$5.30$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.24$3.75$5.26$5.52$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$0.25$3.90$5.31$5.09$0.23
2018Summary only. Only limited summary data is available for this year.$3.92$0.30$3.62$5.11$4.69$0.43
2017Summary only. Only limited summary data is available for this year.$3.50$0.02$3.48$4.83$4.52$0.31
2016Summary only. Only limited summary data is available for this year.$3.22$0.19$3.03$4.45$3.93$0.51
2015Summary only. Only limited summary data is available for this year.$2.99$0.17$2.82$4.14$4.00$0.13
2014Summary only. Only limited summary data is available for this year.$2.88$0.15$2.73$4.02$3.97$0.05
2013Summary only. Only limited summary data is available for this year.$2.83$0.13$2.71$3.95$3.86$0.10
2012Summary only. Only limited summary data is available for this year.$2.73$0.12$2.61$3.85$3.74$0.11
2011Summary only. Only limited summary data is available for this year.$2.82$0.15$2.67$3.63$3.60$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$5,368,589
Mission and Program Overview

Mission

Promote social/economic justice through collective bargaining, meetings, education, communication, organizing, community action, administration, maintenance of property/assets, delivery of benefits to represented mbrs, fraternal and social activities and activities which further common interests of the membership.

Promote social/economic justice through collective bargaining, meetings, education, communication, organizing, community action, administration, maintenance of property/assets, delivery of benefits to represented mbrs, fraternal & social activities & activities which further common interests of the mbrship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,710,016$2,806,594▲ $96,578
Savings and Temporary Cash Investments$1,968,019$1,935,402▼ $32,617
Land, Buildings, and Equipment, Net$1,034,362$996,884▼ $37,478
Pd in Cap Srpls Land Bldg Eqp Fund$1,042,924$996,884▼ $46,040
Investments Other Securities$509,844$521,644▲ $11,800
Investments in Publicly Traded Securities$415,061$463,143▲ $48,082
Cash and Non-Interest-Bearing Accounts$58,290$112,839▲ $54,549
Inventories for Sale or Use$8,562$0▼ $8,562
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,994,138$4,029,912▲ $35,774
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$241,198$226,434▼ $14,764
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$241,198$226,434▼ $14,764
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,752,940$3,803,478▲ $50,538
Total Liabilities and Net Assets / Fund Balance$3,994,138$4,029,912▲ $35,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$739,389$420,220$1,159,609
Land$257,495-$257,495
Equipment$0$179,658$179,658
Other Securities$521,644--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert J StoneBusiness ManagerFT$141,567$141,567
Scott A ReineckPresidentFT$136,627$136,627
DeSha M WilbernRecording SecretaryFT$29,128$29,128
Kurt D JacobsLiaisonFT$18,966$18,966
Brian A HunterVice PresidentPT$14,636$14,636
Douglas J HallExecutive Board-$12,092$12,092
Adam O KrauseExecutive Board-$10,284$10,284
Decorah M GordonExecutive BoardPT$9,146$9,146
Dale E HartungExecutive Board-$6,552$6,552
Jamie L AdamsExecutive Board-$5,799$5,799
Dart A EllsworthExecutive Board-$5,654$5,654
Troy D JacobExecutive Board-$5,379$5,379
Lisa J Wentworth-GuineaTreasurer-$4,254$4,254
Patrick J KeeganExecutive Board-$3,882$3,882
Jaime R WallsRecording SecretaryPT$3,216$3,216
Andrew K ZommersExecutive Board-$1,677$1,677
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,269,957
Investment Income
$65,559
Other Revenue
$32,473
All Other Contributions
$0
Change in Net Assets
$70,079

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,392,529
Revenue Not Reported on Financial Statements
$-24,540
Revenue Not Reported on Form 990
$-56,901
Other Revenue Adjustments
$-24,540
Total Revenue per Audited Statements
$5,335,628
Total Revenue per Form 990
$5,367,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,848,726
Other Expenses$2,449,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$1,748,161
Other Salaries and Wages---$1,711,877
Current Officers, Directors, Trustees, and Key Employees---$408,859
Pension Plan Contributions---$394,924
Travel---$292,069
Other Employee Benefits---$178,579
Payroll Taxes---$154,487
Other Expenses---$145,150
Office Expenses---$74,619
Occupancy---$42,412
All Other Expenses---$37,669
Fees for Services Accounting---$33,077
Fees for Services Legal---$25,435
Conferences and Meetings---$16,720
Fees for Services Other---$15,863
Advertising---$9,477
Information Technology---$5,126
Insurance---$3,406
Total Functional Expenses$0$0$0$5,297,910

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,297,910
Expenses per Audited Statements$5,267,338
Total Expenses per Audited Statements$5,267,338
Expenses Not Reported on Financial Statements$30,572
Other Expense Adjustments$30,572
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
IBEW General Fund$226,434
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 19

Copies are provided upon request. Inspection offered during regular business hours.

Form 990, Part VI, Line 12C

All Officers are covered under the policy. Local unions may determine if conflicts exist by constitutionally required trustee audits and the review of monthly financial reports. The parent organization also conducts periodic audits. Restrictions imposed are described in the International Constitution.

Form 990, Part VI, Line 11B

There is no process used by the organization to review this form before filing.

Form 990, Part VI, Line 7B

All decisions are subject to membership approval.

Form 990, Part VI, Line 6

Anyone who has applied for and been accepted for membership is a regular member.

Filing and Contact Details

Filer

Filer Name
International Union INTERNAL BROHD ELECT WKRS LOCAL 2150
EIN
39-1031359
Phone
2622522552
Address
N56 W13777 Silver Spring Dr, Menomonee Falls, WI 53051
Doing Business As
Local Union 2150

Signing Officer

Name
James W Meyer
Title
Financial Secretary
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Reineck
Formed
1964
Legal Domicile
Wi
Voting Board Members
15
Independent Board Members
0
Employees
200
Volunteers
0

Preparer

Firm
RCS Union Software
Address
250 12th Ave, Suite 150, Coralville, IA 52241
Preparer
Tony Greazel
Phone
8667278291
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Changes in Net assets equals -$22,714. This figure was arrived at using the following information: . . Change in Fixed Assets (Part X, line 10C B-A): ($37,478) . .Change in total liabilities (Part X, Line 26 A-B): $14,764 . . Change due to rounding ($1)

Financial Statement Notes

Part XI, Line 2D

Difference due to using modified cash basis

Part XII, Line 2D

Difference due to using modified cash basis

Raw XML AppendixShowing 400 of 536 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
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IRS990/BooksInCareOfDetail/PersonNm0James W Meyer
IRS990/BooksInCareOfDetail/PhoneNum02622522552
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0N56 W13777 Silver Spring Dr
IRS990/BooksInCareOfDetail/USAddress/CityNm0Menomonee Falls
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
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IRS990/Form990PartVIISectionAGrp/PersonNm3Kurt D Jacobs
IRS990/Form990PartVIISectionAGrp/PersonNm4Brian A Hunter
IRS990/Form990PartVIISectionAGrp/PersonNm5Douglas J Hall
IRS990/Form990PartVIISectionAGrp/PersonNm6Adam O Krause
IRS990/Form990PartVIISectionAGrp/PersonNm7Decorah M Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm8Dale E Hartung
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IRS990/Form990PartVIISectionAGrp/PersonNm10Dart A Ellsworth
IRS990/Form990PartVIISectionAGrp/PersonNm11Troy D Jacob
IRS990/Form990PartVIISectionAGrp/PersonNm12Lisa J Wentworth-Guinea
IRS990/Form990PartVIISectionAGrp/PersonNm13Patrick J Keegan
IRS990/Form990PartVIISectionAGrp/PersonNm14Jaime R Walls
IRS990/Form990PartVIISectionAGrp/PersonNm15Andrew K Zommers
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IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Recording Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Liaison
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt6Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt9Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt11Executive Board
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Executive Board
IRS990/Form990PartVIISectionAGrp/TitleTxt14Recording Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive Board
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IRS990/MissionDesc0Promote social and economic justice through collective bargaining, meetings, education, communication, organizing new bargaining units, community action, administration of the organization, maintenance of its property and assets, delivery of benefits to represent members, fraternal and social activities and related activities which further the common interest of the membership.
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