International Association Of Bridge Structural Ornament Iron Workers is located in Whitesboro, NY. The organization was established in 1944. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Bridge Structural Ornament Iron Workers 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 Of Bridge Structural Ornament Iron Workers generated $411.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $344.3k during the year ending 06/2022. While expenses have increased by 0.5% 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
TO ORGANIZE WORKERS IN NYS AND TO SECURE IMPROVED WAGES, LOANS, WORKING CONDIIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION, AND COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION AND SERVICE TO THE MEMBERS OF LOCAL UNION 440.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Cole Business Manager/secretary | OfficerTrustee | 40 | $84,144 |
Harvey Thompson Jr President | OfficerTrustee | 1 | $0 |
John Combs Board Memeber | Trustee | 1 | $0 |
Mark Terrance Board Memeber | Trustee | 1 | $0 |
Roger West Board Memeber | Trustee | 1 | $0 |
Michael Clark Board Memeber | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $411,451 |
Investment income | $375 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $411,826 |
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 | $0 |
Compensation of current officers, directors, key employees. | $83,012 |
Compensation of current officers, directors, key employees. | $41,506 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $72,466 |
Payroll taxes | $9,352 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,240 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $925 |
Office expenses | $1,315 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,428 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $256 |
Insurance | $2,534 |
All other expenses | $6,449 |
Total functional expenses | $344,334 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $390,549 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $47,502 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $5,618 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $13,551 |
Net Land, buildings, and equipment | $85 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $457,305 |
Accounts payable and accrued expenses | $19,128 |
Grants payable | $0 |
Deferred revenue | $17,840 |
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 | $0 |
Total liabilities | $36,968 |
Net assets without donor restrictions | $420,337 |
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 | $457,305 |
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