International Brotherhood Boilermkr Iron Ship Bldrs Blcksmth Forgers
- Assets
- $2.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Cleveland, OH
- Founding
- 07/1954
- Data as of
- 06/2023
- EIN
- 34-0521195
Organization Overview
International Brotherhood Boilermkr Iron Ship Bldrs Blcksmth Forgers is located in Cleveland, OH. The organization was established in 1954. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2023, International Brotherhood Boilermkr Iron Ship Bldrs Blcksmth Forgers employed 10 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhood Boilermkr Iron Ship Bldrs Blcksmth Forgers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2023, International Brotherhood Boilermkr Iron Ship Bldrs Blcksmth Forgers generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION ORGANIZED FOR THE MORAL, ECONOMIC, AND SOCIAL ADVANCEMENT OF ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS. LOCAL # 744 SERVES APPROXIMATELY 251 MEMBERS AFFORDING MUTUAL ASSISTANCE IN SECURING JUST WAGES, REASONABLE HOURS AND FAVORABLE CONDITIONS OF EMPLOYMENT, COOPERATION, FRIENDLINESS, AND GOOD UNDERSTANDING AND FORTHRIGHT ACCEPTANCE OF DUTIES AMONG WORKERS AND MUTUAL RESPONSIBILITIES BETWEEN THEM AND THEIR EMPLOYERS.
TRAINING AND CONTINUING EDUCATION OF JOURNEYMEN AND APPRECTICES ON PROPER SAFETY, TECHNIQUES, AND CHANGES IN THE BOILERMAKER TRADE.
REPRESENTATIONAL ACTIVITIES INCLUDING WAGE NEGOTIATION. COLLECTIVE BARGAINING, PENSION AND HEALTH CARE CONCERNS AND OTHER ISSUES FACING THE BOILERMAKER TRADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Feik Trustee | Trustee | 1 | $137,668 |
James Denk President | Trustee | 1 | $0 |
Tim Cook Trustee | Trustee | 40 | $0 |
Christopher Gallagher Sgt At Arms | Trustee | 1 | $0 |
Ryan Monter Vice President | Trustee | 1 | $0 |
Jay Foster Trustee | 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 | $1,102,967 |
| Investment income | $28,589 |
| 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 | $1,165,840 |
| 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 | $10,000 |
| Compensation of current officers, directors, key employees. | $287,062 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,994 |
| Pension plan accruals and contributions | $177,804 |
| Other employee benefits | $38,743 |
| Payroll taxes | $27,830 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,401 |
| Fees for services: Accounting | $0 |
| 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 | $21,678 |
| Information technology | $0 |
| Royalties | $29,926 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,863 |
| Interest | $0 |
| Payments to affiliates | $303,386 |
| Depreciation, depletion, and amortization | $24,400 |
| Insurance | $18,226 |
| All other expenses | $20,022 |
| Total functional expenses | $1,138,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $814,006 |
| Savings and temporary cash investments | $1,118,374 |
| 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 | $7,065 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $292,323 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $209 |
| Total assets | $2,231,977 |
| Accounts payable and accrued expenses | $18,691 |
| 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 | $18,691 |
| Net assets without donor restrictions | $0 |
| 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 | $2,213,286 |
| Total liabilities and net assets/fund balances | $2,231,977 |