International Association Of Bridge Structural & Ornamental Iron Wrkrs
- Assets
- $6.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Indianapolis, IN
- Founding
- 09/1946
- Data as of
- 06/2022
- EIN
- 35-0415585
Organization Overview
International Association Of Bridge Structural & Ornamental Iron Wrkrs is located in Indianapolis, IN. 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 Association Of Bridge Structural & Ornamental Iron Wrkrs employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Bridge Structural & Ornamental Iron Wrkrs 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 & Ornamental Iron Wrkrs generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 2.0% 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 PROMOTE TRADE ACTIVITIES AND BETTER WORKING CONDITIONS FOR UNION MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE TRADE ACTIVITIES AND BETTER WORKING CONDITIONS FOR UNION MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Whitaker Business Manager | Officer | 50 | $102,057 |
Jon Brian Business Agent | Officer | 45 | $88,862 |
Tim Klepper Business Agent | Officer | 45 | $88,799 |
Ernest Shepard Jr Business Agent | Officer | 45 | $88,455 |
Cody Bates Financial Sec./treasurer | Officer | 45 | $87,275 |
Steve Schaub Examining Board | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,219,467 |
| 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 | $2,219,467 |
| Total Program Service Revenue | $0 |
| Investment income | $99,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,000 |
| Net Gain/Loss on Asset Sales | $405,824 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,926,176 |
| 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 | $128,787 |
| Compensation of current officers, directors, key employees. | $460,541 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,151 |
| Pension plan accruals and contributions | $256,625 |
| Other employee benefits | $193,586 |
| Payroll taxes | $45,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,553 |
| Fees for services: Accounting | $53,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,114 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,559 |
| Office expenses | $37,135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $68,078 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $652,867 |
| Depreciation, depletion, and amortization | $113,498 |
| Insurance | $37,113 |
| All other expenses | $35,154 |
| Total functional expenses | $2,405,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $962,651 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,656,321 |
| Investments—publicly traded securities | $4,185,278 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,804,350 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,510 |
| Total liabilities | $5,510 |
| Net assets without donor restrictions | $6,798,840 |
| 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 | $6,804,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of State County & Municipal Employees Springfield, IL | $61,133,676 | $26,100,915 |
Laborers International Union Of North America Burr Ridge, IL | $65,530,613 | $20,238,151 |
Chicago Regional Council Of Carpenters Apprentice And Trainee Elk Grove Village, IL | $58,144,102 | $15,674,310 |
Indiana State Teachers Association Indianapolis, IN | $36,026,795 | $22,473,562 |
Chicago Journeymen Plumbers Local 130 Chicago, IL | $20,981,689 | $17,441,460 |
United Food And Commercial Workers International Union Des Plaines, IL | $30,640,392 | $15,439,141 |
Laborers International Union Of North America Chicago, IL | $42,312,837 | $17,661,518 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union Chicago, IL | $8,645,665 | $14,966,009 |
Chicago & Vicinity Laborers Carol Stream, IL | $83,711,023 | $20,877,636 |
Boilermakers National Apprentice Ship Fund Kansas City, MO | $53,012,610 | $16,312,331 |
Carpenters District Council Chicago, IL | $0 | $13,277,034 |