International Assn Of Bridge Strctl & Ornamental Ironwkrs 60 Afl-Cio
- Assets
- $2.9m
- Revenue
- $343.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Syracuse, NY
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 15-0347910
Organization Overview
International Assn Of Bridge Strctl & Ornamental Ironwkrs 60 Afl-Cio is located in Syracuse, NY. The organization was established in 1946. 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 Assn Of Bridge Strctl & Ornamental Ironwkrs 60 Afl-Cio employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Assn Of Bridge Strctl & Ornamental Ironwkrs 60 Afl-Cio 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 Assn Of Bridge Strctl & Ornamental Ironwkrs 60 Afl-Cio generated $343.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $853.3k during the year ending 06/2022. 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
OBTAINING EMPLOYMENT FOR MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION SECURED BY ALL LEGAL AND PROPER MEANS ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES OF EMPLOYMENT FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Nesbitt Business Manager (as Of September 2021) | OfficerTrustee | 50 | $120,013 |
Corey Mossow Trustee - Recording Secret | OfficerTrustee | 1 | $111,342 |
John Clark Business Manager (retired September 2021) | OfficerTrustee | 50 | $29,981 |
Fred Langworthy Trustee - President | OfficerTrustee | 1 | $0 |
Lawrence Cole Trustee (left 5/3/2021) | Trustee | 1 | $0 |
Thomas Clark Trustee-Executive Committee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $359,927 |
| Investment income | $75,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$329,960 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,467 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,199 |
| Pension plan accruals and contributions | $181,282 |
| Other employee benefits | $40,173 |
| Payroll taxes | $24,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $223 |
| Fees for services: Accounting | $14,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,074 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,024 |
| Information technology | $1,130 |
| Royalties | $0 |
| Occupancy | $33,150 |
| Travel | $753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,649 |
| All other expenses | $4,046 |
| Total functional expenses | $853,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,227 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,931 |
| 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 | $0 |
| Investments—publicly traded securities | $2,813,091 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,902,249 |
| Accounts payable and accrued expenses | $21,089 |
| 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 | $18,723 |
| Total liabilities | $39,812 |
| Net assets without donor restrictions | $2,862,437 |
| 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 | $2,902,249 |