International Brohood-Boilermakers Lodge 1 Supp Unemp Benefit Fund

Organization Overview

International Brohood-Boilermakers Lodge 1 Supp Unemp Benefit Fund is located in St Charles, IL. The organization was established in 1984. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, International Brohood-Boilermakers Lodge 1 Supp Unemp Benefit Fund employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Brohood-Boilermakers Lodge 1 Supp Unemp Benefit Fund is a 501(c)(17) and as such, is described as a "Supplemental Unemployment Benefit Trust" by the IRS.

For the year ending 06/2022, International Brohood-Boilermakers Lodge 1 Supp Unemp Benefit Fund generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $850.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS WITHIN THE JURISDICTION OF THE IBB LOCAL LODGE NO. ONE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ELIGIBLE PARTICIPANTS WITHIN THE JURISDICTION OF IBB LOCAL LODGE NO. ONE.


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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$1,243,239
Investment income $283,475
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $195,153
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,726,021

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