Civic Intelligence

International Brotherhood of Electrical Workers Local Union 440

EIN 95-0745268 • 501(c)5 • Riverside, CA

Profile

To provide representation to members in matters related to employment in accordance with the collective bargaining agreement and fair labor standards.

1405 Spruce Street Suite GRiverside, CA 92507

www.ibew440.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)5 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.01x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)5 • $10M-$25M nonprofits • Source year 2024

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

501(c)5 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$203,821

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

501(c)5 • $10M-$25M nonprofits • Source year 2024

Asset Growth

83rd percentile

18%

Faster asset growth than 83% of similar nonprofits.

501(c)5 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-3.5%

Faster revenue growth than 15% of similar nonprofits.

501(c)5 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,109,898

Up $1,699,732 (+18%) from 2023

Liabilities

Down

$65,132

Down $7,384 (-10%) from 2023

Net Assets

Up

$11,044,766

Up $1,707,116 (+18%) from 2023

Revenue

Down

$5,734,051

Down $208,437 (-3.5%) from 2023

Expenses

Up

$4,221,092

Up $501,809 (+13%) from 2023

Net Income

Down

$1,512,959

Down $710,246 (-32%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $1,324,109Liabilities 2011: $216,554Net Assets 2011: $1,107,5552011Assets 2012: $1,334,041Liabilities 2012: $188,448Net Assets 2012: $1,145,5932012Assets 2013: $1,800,398Liabilities 2013: $264,370Net Assets 2013: $1,536,0282013Assets 2014: $2,247,971Liabilities 2014: $175,462Net Assets 2014: $2,072,5092014Assets 2015: $1,820,634Liabilities 2015: $137,617Net Assets 2015: $1,683,0172015Assets 2016: $2,625,877Liabilities 2016: $152,399Net Assets 2016: $2,473,4782016Assets 2017: $2,566,831Liabilities 2017: $131,128Net Assets 2017: $2,435,7032017Assets 2018: $2,823,401Liabilities 2018: $131,051Net Assets 2018: $2,692,3502018Assets 2019: $2,788,864Liabilities 2019: $123,807Net Assets 2019: $2,665,0572019Assets 2020: $3,503,924Liabilities 2020: $30,164Net Assets 2020: $3,473,7602020Assets 2021: $5,222,472Liabilities 2021: $56,462Net Assets 2021: $5,166,0102021Assets 2022: $7,158,574Liabilities 2022: $182,973Net Assets 2022: $6,975,6012022Assets 2023: $9,410,166Liabilities 2023: $72,516Net Assets 2023: $9,337,6502023Assets 2024: $11,109,898Liabilities 2024: $65,132Net Assets 2024: $11,044,7662024

Highlighted filing

2024

Assets$11,109,898
Liabilities$65,132
Net Assets$11,044,766

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,664,722Expenses 2011: $1,769,414Net Income 2011: -$104,6922011Revenue 2012: $1,487,076Expenses 2012: $1,449,038Net Income 2012: $38,0382012Revenue 2013: $2,587,396Expenses 2013: $2,196,961Net Income 2013: $390,4352013Revenue 2014: $2,753,515Expenses 2014: $2,268,640Net Income 2014: $484,8752014Revenue 2015: $1,702,446Expenses 2015: $2,117,082Net Income 2015: -$414,6362015Revenue 2016: $2,923,149Expenses 2016: $2,111,367Net Income 2016: $811,7822016Revenue 2017: $2,083,595Expenses 2017: $2,107,324Net Income 2017: -$23,7292017Revenue 2018: $2,442,228Expenses 2018: $2,198,549Net Income 2018: $243,6792018Revenue 2019: $2,525,118Expenses 2019: $2,555,281Net Income 2019: -$30,1632019Revenue 2020: $3,285,932Expenses 2020: $2,521,365Net Income 2020: $764,5672020Revenue 2021: $4,569,198Expenses 2021: $2,888,067Net Income 2021: $1,681,1312021Revenue 2022: $5,089,216Expenses 2022: $3,337,283Net Income 2022: $1,751,9332022Revenue 2023: $5,942,488Expenses 2023: $3,719,283Net Income 2023: $2,223,2052023Revenue 2024: $5,734,051Expenses 2024: $4,221,092Net Income 2024: $1,512,9592024

Highlighted filing

2024

Revenue$5,734,051
Expenses$4,221,092
Net Income$1,512,959

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$0.07$11.0$5.73$4.22$1.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.41$0.07$9.34$5.94$3.72$2.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$0.18$6.98$5.09$3.34$1.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.22$0.06$5.17$4.57$2.89$1.68
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.03$3.47$3.29$2.52$0.76
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.12$2.67$2.53$2.56$0.03
2018Summary only. Only limited summary data is available for this year.$2.82$0.13$2.69$2.44$2.20$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.13$2.44$2.08$2.11$0.02
2016Summary only. Only limited summary data is available for this year.$2.63$0.15$2.47$2.92$2.11$0.81
2015Summary only. Only limited summary data is available for this year.$1.82$0.14$1.68$1.70$2.12$0.41
2014Summary only. Only limited summary data is available for this year.$2.25$0.18$2.07$2.75$2.27$0.48
2013Summary only. Only limited summary data is available for this year.$1.80$0.26$1.54$2.59$2.20$0.39
2012Summary only. Only limited summary data is available for this year.$1.33$0.19$1.15$1.49$1.45$0.04
2011Summary only. Only limited summary data is available for this year.$1.32$0.22$1.11$1.66$1.77$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$5,734,757
Mission and Program Overview

Mission

To provide representation to members in matters related to employment in accordance with the collective bargaining agreement and fair labor standards.

To establish and maintain an adequate wage for our labor; to require of our members skills, intelligence and character; to protect local union 440 of the international brotherhood of electrical workers, riverside county, california. To protect our contractors from the unskilled and inexperienced worker; to protect and aid our unemployed, distressed and sick members; to defend our rights and advance our interests as electrical workers by all lawful means; to aid and encourage all honorable efforts that will better the conditions of labor; and to make our card and seal a certificate of fraternity. To organize workers coming within the jurisdiction of this local union; to secure improved wages, hours and working conditions and other economic advances through organization, negotiation and collective bargaining; to encourage a high standard of skills among our members; to protect the jurisdiction of our trade; to engage in culture, civic, legislative, political, fraternal, educational, char

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$850,441$5,111,351▲ $4,260,910
Investments in Publicly Traded Securities$100$4,684,469▲ $4,684,369
Savings and Temporary Cash Investments$7,431,880$1,303,788▼ $6,128,092
Cash and Non-Interest-Bearing Accounts$1,106,340$3,323▼ $1,103,017
Total Assets$9,410,166$11,109,898▲ $1,699,732
Other Assets Total$21,405$6,967▼ $14,438
Liabilities
Other Liabilities$62,607$61,235▼ $1,372
Accounts Payable and Accrued Expenses$9,909$3,897▼ $6,012
Total Liabilities$72,516$65,132▼ $7,384
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,039,918$10,682,007▲ $1,642,089
Net Assets With Donor Restrictions$297,732$362,759▲ $65,027
Total Net Assets Fund Balance$9,337,650$11,044,766▲ $1,707,116
Total Liabilities and Net Assets / Fund Balance$9,410,166$11,109,898▲ $1,699,732

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,226,202$545,132$4,771,334
Land$739,246-$739,246
Other Land Buildings$106,655$153,823$260,478
Equipment$39,248$154,768$194,016
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel LutherPresidentFT$160,069$66,194$203,821
James RushBus Mgr./finFT$168,416$33,927$202,343
James RushBus Mgr./fin. Sect.-$168,416$52,628$202,343
Bernie BallandOrganizing DFT$155,778$43,532$199,310
Bernie BallandOrganizing Director-$155,778$65,974$199,310
Jeremy ForshawFinancial SeFT$155,004$43,695$198,699
Jeremy ForshawFinancial Secretary-$155,004$64,450$198,699
Venessa IngallsPolitical ReFT$154,523$43,439$197,962
Venessa IngallsPolitical Registar-$154,523$65,881$197,962
Esqueda JorgeOrganizing DFT$149,903$43,447$193,350
Esqueda JorgeOrganizing Director-$149,903$64,202$193,350
Richard HockwarthRepresentatiFT$144,172-$144,172
Israel SalinasExecutive Bo-$2,650-$2,650
Colton TorrezTreasurer-$1,680-$1,680
Bryan FromdahlExecutive Bo-$800-$800
Marcus BlackwellExecutive Bo-$600-$600
Mikeal StevensExecutive Bo-$600-$600
Raymond MartinezExecutive Bo-$600-$600
Robert ValdezExamining Bo-$600-$600

Board Members and Trustees

NameTitle
Alan LangleyExamining Bo
Evan ThompsonExamining Bo
Juan BarrerasExamining Bo
Juan DominguezExamining Bo
William PearcyExecutive Bo
Lonnie GarzaRecording Se
Robert GranadosVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$120,374
Program Service Revenue
$5,568,859
Investment Income
$38,318
Other Revenue
$6,500
All Other Contributions
$120,374
Change in Net Assets
$1,512,959

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,734,051
Revenue Not Reported on Form 990
$194,157
Total Revenue per Audited Statements
$5,928,208
Total Revenue per Form 990
$5,734,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,116,819
Other Expenses$2,004,673
Grants and Similar Amounts Paid$35,986
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$937,810
Payments to Affiliates---$696,891
Pension Plan Contributions---$346,771
Current Officers, Directors, Trustees, and Key Employees---$322,415
Other Employee Benefits---$263,722
Advertising---$174,607
Travel---$133,894
Comp Disqual Persons---$133,788
Depreciation Depletion---$123,900
Office Expenses---$116,366
Payroll Taxes---$112,313
Interest---$91,417
Benefits to Members---$63,614
Occupancy---$60,174
Insurance---$50,123
Conferences and Meetings---$47,531
Fees for Services Accounting---$46,716
Grants to Domestic Orgs---$35,710
Information Technology---$31,324
Other Expenses---$26,063
Fees for Services Legal---$10,751
All Other Expenses---$5,801
Grants to Domestic Individuals---$276
Total Functional Expenses$0$0$0$4,221,092

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,221,092
Total Expenses per Audited Statements$4,221,092
Total Expenses per Form 990$4,221,092
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ibew 9th DistrictSan Francisco, CA-Contribution$6,610
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Vacation Accrual$44,504
Payroll Withholding & Taxes$11,014
Union Working Dues$4,192
National 401k Savings Plan$1,525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Page 6, Part VI, Line 6

The organization is a membership organization. Members must pay dues, dues must be current to be considered a member in good standing. Members in good standing have voting rights.

Form 990, Page 6, Part VI, Line 7A

Members in good standing may elect members of the governing board, elections are conducted every three years.

Form 990, Page 6, Part VI, Line 7B

Members may vote on wage rates of the executive board, material expenditures of the local, dissolution of the organization and changes to the organization's constitution and bylaws.

Form 990, Page 6, Part VI, Line 11B

The organization's financial secretary and president review the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 15A

Compensation for the union's top management is outlined in the ibew constitution and local 440's bylaws, which are subject to member and officer approval.

Form 990, Page 6, Part VI, Line 15B

Compensation for the union's officers is outlined in the ibew constitution and local 440's bylaws, which are subject to member and officer approval.

Form 990, Page 6, Part VI, Line 19

Financial information and governing documentation are made available on the lm-2, electronically filed with the department of labor, on the department of labor public disclosure website. Any other requests for financial information is made available upon request.

Filing and Contact Details

Filer

Filer Name
International Brotherhood of
EIN
95-0745268
Phone
9516845665
Address
1405 SPRUCE STREET SUITE G, RIVERSIDE, CA 92507

Signing Officer

Name
Jeremy Forshaw
Title
Financial Secretary
Phone
9096845665
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Forshaw
Formed
1939
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
0
Employees
18

Preparer

Firm
Ybarra & Associates
Address
10370 COMMERCE CENTER DR STE 205, RANCHO CUCAMONGA, CA 91730
Preparer
Patricia Ybarra CPA
Phone
9099890788
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To establish and maintain an adequate wage for our labor; to require of our members skills, intelligence and character; to protect local union 440 of the international brotherhood of electrical workers, riverside county, california. To protect our contractors from the unskilled and inexperienced worker; to protect and aid our unemployed, distressed and sick members; to defend our rights and advance our interests as electrical workers by all lawful means; to aid and encourage all honorable efforts that will better the conditions of labor; and to make our card and seal a certificate of fraternity. To organize workers coming within the jurisdiction of this local union; to secure improved wages, hours and working conditions and other economic advances through organization, negotiation and collective bargaining; to encourage a high standard of skills among our members; to protect the jurisdiction of our trade; to engage in culture, civic, legislative, political, fraternal, educational, charitable, welfare, social and other activities which further the interests of this organization and its members, directly or indirectly.

Form 990, Page 2, Part III, Line 4D

To provide representation to members in matters related to employment in accordance with the collective bargaining agreement and fair labor standards.

Raw XML AppendixShowing 400 of 568 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
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IRS990/ActivityOrMissionDesc0TO ESTABLISH AND MAINTAIN AN ADEQUATE WAGE FOR OUR LABOR; TO REQUIRE OF OUR MEMBERS SKILLS, INTELLIGENCE AND CHARACTER; TO PROTECT LOCAL UNION 440 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, RIVERSIDE COUNTY, CALIFORNIA. TO PROTECT OUR CONTRACTORS FROM THE UNSKILLED AND INEXPERIENCED WORKER; TO PROTECT AND AID OUR UNEMPLOYED, DISTRESSED AND SICK MEMBERS; TO DEFEND OUR RIGHTS AND ADVANCE OUR INTERESTS AS ELECTRICAL WORKERS BY ALL LAWFUL MEANS; TO AID AND ENCOURAGE ALL HONORABLE EFFORTS THAT WILL BETTER THE CONDITIONS OF LABOR; AND TO MAKE OUR CARD AND SEAL A CERTIFICATE OF FRATERNITY. TO ORGANIZE WORKERS COMING WITHIN THE JURISDICTION OF THIS LOCAL UNION; TO SECURE IMPROVED WAGES, HOURS AND WORKING CONDITIONS AND OTHER ECONOMIC ADVANCES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING; TO ENCOURAGE A HIGH STANDARD OF SKILLS AMONG OUR MEMBERS; TO PROTECT THE JURISDICTION OF OUR TRADE; TO ENGAGE IN CULTURE, CIVIC, LEGISLATIVE, POLITICAL, FRATERNAL, EDUCATIONAL, CHAR
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FINANCIAL SE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE BO
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE BO
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE BO
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE BO
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IRS990/Form990PartVIISectionAGrp/TitleTxt17ORGANIZING D
IRS990/Form990PartVIISectionAGrp/TitleTxt18ORGANIZING D
IRS990/Form990PartVIISectionAGrp/TitleTxt19REPRESENTATI
IRS990/Form990PartVIISectionAGrp/TitleTxt20POLITICAL RE
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IRS990/MissionDesc0TO ESTABLISH AND MAINTAIN AN ADEQUATE WAGE FOR OUR LABOR; TO REQUIRE OF OUR MEMBERS SKILLS, INTELLIGENCE AND CHARACTER; TO PROTECT LOCAL UNION 440 OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, RIVERSIDE COUNTY, CALIFORNIA. TO PROTECT OUR CONTRACTORS FROM THE UNSKILLED AND INEXPERIENCED WORKER; TO PROTECT AND AID OUR UNEMPLOYED, DISTRESSED AND SICK MEMBERS; TO DEFEND OUR RIGHTS AND ADVANCE OUR INTERESTS AS ELECTRICAL WORKERS BY ALL LAWFUL MEANS; TO AID AND ENCOURAGE ALL HONORABLE EFFORTS THAT WILL BETTER THE CONDITIONS OF LABOR; AND TO MAKE OUR CARD AND SEAL A CERTIFICATE OF FRATERNITY. TO ORGANIZE WORKERS COMING WITHIN THE JURISDICTION OF THIS LOCAL UNION; TO SECURE IMPROVED WAGES, HOURS AND WORKING CONDITIONS AND OTHER ECONOMIC ADVANCES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING; TO ENCOURAGE A HIGH STANDARD OF SKILLS AMONG OUR MEMBERS; TO PROTECT THE JURISDICTION OF OUR TRADE; TO ENGAGE IN CULTURE, CIVIC, LEGISLATIVE, POLITICAL, FRATERNAL, EDUCATIONAL, CHAR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEREMY FORSHAW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DANIEL LUTHER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JAMES RUSH

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