International Association Brdg Strct & Orn Irn Wrk
- Assets
- $1.1m
- Revenue
- $883.7k
- Investments
- $0.0
- Employees
- 4
- Location
- North Haven, CT
- Founding
- 11/1944
- Data as of
- 06/2022
- EIN
- 06-0400755
Organization Overview
International Association Brdg Strct & Orn Irn Wrk is located in North Haven, CT. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, International Association Brdg Strct & Orn Irn Wrk employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Brdg Strct & Orn Irn Wrk is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, International Association Brdg Strct & Orn Irn Wrk generated $883.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $761.8k during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE AND PROTECT THE INTEREST OF MEMBERS WHILE HELPING TO ELEVATE MORAL, INTELLECTUAL AND SOCIAL CONDITONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE & PROTECT THE INTEREST OF MEMBERS WHILE HELPING TO ELEVATE MORAL, INTELLECTUAL & SOCIAL CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Buono Recording Sec | Officer | 2 | $1,476 |
Joseph Sorenson President/ Ba | Officer | 45 | $74,932 |
Greg Schultz Vice President | Officer | 2 | $1,728 |
John Grich Executive Board | Officer | 2 | $972 |
Matthew Ryan Executive Board | Officer | 2 | $738 |
Shawn Sullivan Trustee | Trustee | 2 | $721 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $144,476 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,476 |
| Total Program Service Revenue | $677,994 |
| Investment income | $20,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,537 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $883,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,035 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $489,764 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,368 |
| Pension plan accruals and contributions | $7,551 |
| Other employee benefits | $21,055 |
| Payroll taxes | $24,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63 |
| Fees for services: Accounting | $19,340 |
| 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 | $27,176 |
| Information technology | $150 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $681 |
| Payments to affiliates | $9,860 |
| Depreciation, depletion, and amortization | $19,916 |
| Insurance | $24,258 |
| All other expenses | $111 |
| Total functional expenses | $761,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,847 |
| Savings and temporary cash investments | $300 |
| 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 | $619,475 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,132,622 |
| Accounts payable and accrued expenses | $1,021 |
| 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 | $90,767 |
| Total liabilities | $91,788 |
| Net assets without donor restrictions | $1,040,834 |
| 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 | $1,132,622 |
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