International Brotherhood Of Boilmakers & Iron Builders Blacksm
- Assets
- $1.4m
- Revenue
- $1.5m
- Investments
- $106.4k
- Employees
- 12
- Location
- Slidell, LA
- Founding
- 07/1954
- Data as of
- 06/2024
- EIN
- 03-0417450
Organization Overview
International Brotherhood Of Boilmakers & Iron Builders Blacksm is located in Slidell, LA. The organization was established in 1954. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2024, International Brotherhood Of Boilmakers & Iron Builders Blacksm employed 12 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Of Boilmakers & Iron Builders Blacksm is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, International Brotherhood Of Boilmakers & Iron Builders Blacksm generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.8m during the year ending 06/2024. While expenses have increased by 1.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT UNION MEMBERS IN THE WORKPLACE IN NEGOTIATIONS AND TO PURSUE JOB OPPORTUNITIES WITH EMPLOYERS FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOILERMAKERS MISSISSIPPI RIVER DISTRICT 5 EXISTS TO NEGOTIATE IMPROVED PREVAILING AND CONTINUING WAGE RATES AND FRINGE BENEFIT PACKAGES FOR ITS MEMBERS. BOILERMAKERS MISSISSIPPI RIVER DISTRICT 5 REPRESENTS ITS MEMBERS IN LABOR RELATED ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Kennedy Treasurer | Trustee | 40 | $110,769 |
Brett Moltz President | Trustee | 40 | $108,534 |
Christopher Varnado Vice President | Trustee | 40 | $46,150 |
Terry Lamb Chairman | Trustee | 35 | $5,790 |
Jacob Eisenhart Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $695 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $695 |
| Total Program Service Revenue | $1,490,468 |
| Investment income | $10,764 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,507,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $5,355 |
| Compensation of current officers, directors, key employees. | $517,936 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $161,478 |
| Pension plan accruals and contributions | $72,185 |
| Other employee benefits | $34,205 |
| Payroll taxes | $41,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $453 |
| Fees for services: Accounting | $12,489 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $80,963 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,923 |
| Interest | $4,228 |
| Payments to affiliates | $385,186 |
| Depreciation, depletion, and amortization | $64,664 |
| Insurance | $117,930 |
| All other expenses | $24,680 |
| Total functional expenses | $1,787,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,176 |
| Savings and temporary cash investments | $682,161 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $472,312 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $106,400 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,379,049 |
| Accounts payable and accrued expenses | $1,709 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $139,348 |
| Total liabilities | $141,057 |
| Net assets without donor restrictions | $1,237,992 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,379,049 |