Civic Intelligence

International Brotherhood of Electrical Workers 410 Local Union

990 • Fiscal year 2024 • EIN 81-5268178

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 15, 2025

913 Ridgebrook Road 104Sparks Glencoe, MD 21152

(443) 797-3710

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.01x

Higher debt load relative to assets than 53% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.02x

Higher debt load relative to revenue than 51% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

82nd percentile

24%

Higher net margin than 82% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$176,669

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

86th percentile

21%

Faster asset growth than 86% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

9.0%

Faster revenue growth than 59% of similar nonprofits.

2024 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,229,067

Up $743,302 (+21%) from 2023

Net Assets

Up

$4,187,378

Up $720,706 (+21%) from 2023

Liabilities

Up

$41,689

Up $22,596 (+118%) from 2023

Revenue

Up

$2,339,013

Up $192,806 (+9.0%) from 2023

Expenses

Up

$1,777,343

Up $203,534 (+13%) from 2023

Net Income

Down

$561,670

Down $10,728 (-1.9%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2017: $49,051Liabilities 2017: $4,6442017Assets 2018: $49,051Liabilities 2018: $02018Assets 2019: $34,997Liabilities 2019: $02019Assets 2020: $1,029,596Liabilities 2020: $4,748Net Assets 2020: $1,024,8482020Assets 2021: $2,142,877Liabilities 2021: $2,801Net Assets 2021: $2,140,0762021Assets 2022: $2,803,732Liabilities 2022: $7,583Net Assets 2022: $2,796,1492022Assets 2023: $3,485,765Liabilities 2023: $19,093Net Assets 2023: $3,466,6722023Assets 2024: $4,229,067Liabilities 2024: $41,689Net Assets 2024: $4,187,3782024Assets 2025: $4,616,305Liabilities 2025: $28,012Net Assets 2025: $4,588,2932025

Highlighted filing

2024

Assets$4,229,067
Liabilities$41,689
Net Assets$4,187,378

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $51,595Expenses 2017: $4,644Net Income 2017: $46,9512017Revenue 2018: $51,595Expenses 2018: $4,644Net Income 2018: $46,9512018Revenue 2019: $0Expenses 2019: $14,094Net Income 2019: -$14,0942019Revenue 2020: $1,350,857Expenses 2020: $361,006Net Income 2020: $989,8512020Revenue 2021: $1,957,678Expenses 2021: $860,534Net Income 2021: $1,097,1442021Revenue 2022: $2,035,256Expenses 2022: $1,223,497Net Income 2022: $811,7592022Revenue 2023: $2,146,207Expenses 2023: $1,573,809Net Income 2023: $572,3982023Revenue 2024: $2,339,013Expenses 2024: $1,777,343Net Income 2024: $561,6702024Revenue 2025: $2,467,010Expenses 2025: $2,215,718Net Income 2025: $251,2922025

Highlighted filing

2024

Revenue$2,339,013
Expenses$1,777,343
Net Income$561,670
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,701,988
Mission and Program Overview

Mission

Not for profit labor organization (comprised of the represented employees of baltimore gas and electric) promoting by all proper means the material and intellectual welfare of its members.

Promote by all proper means the material and intellectual welfare of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,139,739$2,721,321▲ $581,582
Land, Buildings, and Equipment, Net$134,116$1,114,646▲ $980,530
Cash and Non-Interest-Bearing Accounts$1,211,910$393,100▼ $818,810
Total Assets$3,485,765$4,229,067▲ $743,302
Liabilities
Accounts Payable and Accrued Expenses$19,093$41,689▲ $22,596
Total Liabilities$19,093$41,689▲ $22,596
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,466,672$4,187,378▲ $720,706
Total Net Assets Fund Balance$3,466,672$4,187,378▲ $720,706
Total Liabilities and Net Assets / Fund Balance$3,485,765$4,229,067▲ $743,302

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,114,646$67,969$1,182,615
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Woody JacobsBusiness Manager/presidentPT$176,669$176,669
Brian TerwilligerAssistant Business Manager-$168,429$168,429
Gerry WernerVice PresidentPT$7,800$7,800
Nick DieterRecording Secretary-$7,800$7,800
Rick MeekerTreasurer-$7,800$7,800
Brian GarnettDirector-$7,800$7,800

Board Members and Trustees

NameTitle
Jesse BlandDirector
Matt LauerDirector
Shane MoscaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,227,151
Program Service Revenue
$0
Investment Income
$102,085
Other Revenue
$9,777
Change in Net Assets
$561,670

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,328,485
Revenue Not Reported on Financial Statements
$10,528
Revenue Not Reported on Form 990
$159,036
Total Revenue per Audited Statements
$2,487,521
Total Revenue per Form 990
$2,339,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,238,844
Salaries, Compensation, and Employee Benefits$538,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$339,078$41,908-$380,986
Fees for Services Legal$276,299$50,867-$327,166
Other Employee Benefits$87,127$10,768-$97,895
Advertising$64,672--$64,672
Occupancy$31,687$14,912-$46,599
Depreciation Depletion$28,924$13,612-$42,536
Office Expenses$7,538$30,154-$37,692
Travel$30,627$3,403-$34,030
Payroll Taxes$28,431$3,514-$31,945
Other Salaries and Wages$24,629$3,044-$27,673
All Other Expenses$9,906$8,520-$18,426
Other Expenses$70,763$18,003-$18,003
Fees for Service Investment Mgmnt Fees-$10,528-$10,528
Insurance$3,764$1,771-$5,535
Total Functional Expenses$1,566,339$211,004$0$1,777,343

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,777,343
Expenses per Audited Statements$1,766,815
Total Expenses per Audited Statements$1,766,815
Expenses Not Reported on Financial Statements$10,528
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Ibew local 410 is a 501(c)(5) organization with members.

Form 990, Part VI, Section A, Line 7A

The members elect the governing body.

Form 990, Part VI, Section A, Line 7B

The decisions of the governing board are subject to the approval of the members as required by the local's constitution and by-laws.

Form 990, Part VI, Section B, Line 11B

The draft form 990 is provided to the executive committee prior to filing with the irs.

Form 990, Part VI, Section B, Line 15

Compensation rates are stated in the by-laws.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Ibew Local 410
EIN
81-5268178
Phone
4437973710
Address
913 RIDGEBROOK ROAD 104, SPARKS GLENCOE, MD 21152

Signing Officer

Name
Rick Meeker
Title
Treasurer
Phone
4437973710
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Meeker
Formed
2017
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
8
Volunteers
28

Preparer

Firm
Weyrich Cronin & Sorra LLC
Address
20 WIGHT AVENUE SUITE 210, HUNT VALLEY, MD 21030
Preparer
Angeline White CPA Cca
Phone
4103396464
Supplemental Narrative

Additional Explanations

FORM 990 PAGE 12 PART XII LINE 1:

MODIFIED CASH BASIS

FORM 990, PART XII, LINE 2C:

No changes in the current year.

Raw XML AppendixShowing 400 of 430 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.

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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09777
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01114646
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067969
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01182615
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt010528
IRS990ScheduleD/ExpensesSubtotalAmt01766815
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt010528
IRS990ScheduleD/InvestmentExpensesNotIncldAmt010528
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0159036
IRS990ScheduleD/RevenueNotReportedAmt0159036
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010528
IRS990ScheduleD/RevenueSubtotalAmt02328485
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01114646
IRS990ScheduleD/TotalExpensesPerForm990Amt01777343
IRS990ScheduleD/TotalRevenuePerForm990Amt02339013
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02487521
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01766815
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0176669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1168429
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WOODY JACOBS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BRIAN TERWILLIGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BUSINESS MANAGER/PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASSISTANT BUSINESS MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1168429
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0REIMBURSEMENTS FOR BUSINESS-RELATED EXPENSES.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1CONTRACT OF PAYMENT THAT IS APPROVED BY THE BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IBEW LOCAL 410 IS A 501(C)(5) ORGANIZATION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DECISIONS OF THE GOVERNING BOARD ARE SUBJECT TO THE APPROVAL OF THE MEMBERS AS REQUIRED BY THE LOCAL'S CONSTITUTION AND BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DRAFT FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION RATES ARE STATED IN THE BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MODIFIED CASH BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO CHANGES IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PAGE 12 PART XII LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03485765
IRS990/TotalAssetsEOYAmt04229067
IRS990/TotalAssetsGrp/BOYAmt03485765
IRS990/TotalAssetsGrp/EOYAmt04229067
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02227151
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0211004
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01566339
IRS990/TotalFunctionalExpensesGrp/TotalAmt01777343
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019093
IRS990/TotalLiabilitiesEOYAmt041689
IRS990/TotalLiabilitiesGrp/BOYAmt019093
IRS990/TotalLiabilitiesGrp/EOYAmt041689
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03466672
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04187378
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01566339
IRS990/TotalReportableCompFromOrgAmt0376298
IRS990/TotalRevenueGrp/ExclusionAmt0102085
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02339013
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt028
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03485765
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04229067
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03403
IRS990/TravelGrp/ProgramServicesAmt030627
IRS990/TravelGrp/TotalAmt034030
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0913 RIDGEBROOK ROAD STE 104
IRS990/USAddress/CityNm0SPARKS GLENCOE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021152
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LOCAL410.COM

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