International Association Of Heat & Frost Insulators & Allied Workers
- Assets
- $15.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 19
- Location
- Aliquippa, PA
- Founding
- 11/1940
- Data as of
- 04/2024
- EIN
- 25-0330105
Organization Overview
International Association Of Heat & Frost Insulators & Allied Workers is located in Aliquippa, PA. The organization was established in 1940. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. As of 04/2024, International Association Of Heat & Frost Insulators & Allied Workers employed 19 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Heat & Frost Insulators & Allied 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 04/2024, International Association Of Heat & Frost Insulators & Allied Workers generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $2.4m during the year ending 04/2024. 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
LABOR UNION - TO PROVIDE FOR THE IMPROVEMENT OF CONDITIONS, PRODUCTIVITY, AND EFFICIENCY IN THE HEAT AND FROST INSULATORS AND ASBESTOS WORKERS TRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVMENT OF CONDITIONS, PRODUCTIVITY, AND EFFICIENCY IN THE HEAT AND FROST INSULATORS AND ASBESTOS WORKERS TRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Cassidy Financial Secy/bus Mgr | Officer | 46 | $132,983 |
Dan Cassidy Business Agent/officer | Officer | 46 | $130,994 |
Thomas Mulholland President-Prior | Officer | 46 | $81,419 |
Tim Mcmanus Prior Business Agent/rec Secy | Officer | 46 | $38,136 |
John Stewart Business Agent/rec Secy | Officer | 46 | $100,496 |
Derek Gray E-Board | Officer | 1 | $372 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,004,063 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,769 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,031,832 |
| Total Program Service Revenue | $0 |
| Investment income | $370,937 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $83,600 |
| Net Gain/Loss on Asset Sales | $4,109 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,508,338 |
| 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. | $772,227 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,842 |
| Pension plan accruals and contributions | $79,388 |
| Other employee benefits | $42,979 |
| Payroll taxes | $48,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,200 |
| Fees for services: Accounting | $16,986 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,758 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,500 |
| Office expenses | $13,068 |
| Information technology | $32,264 |
| Royalties | $0 |
| Occupancy | $145,793 |
| Travel | $37,891 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,191 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,141 |
| Insurance | $2,778 |
| All other expenses | $210,483 |
| Total functional expenses | $2,399,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,677 |
| Savings and temporary cash investments | $3,027,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $170,903 |
| 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 | $2,209,925 |
| Investments—publicly traded securities | $10,072,998 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,767 |
| Total assets | $15,627,737 |
| Accounts payable and accrued expenses | $29,027 |
| 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 | $0 |
| Total liabilities | $29,027 |
| Net assets without donor restrictions | $15,598,710 |
| 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 | $15,627,737 |