International Association Of Bridge Iron Workers Local 444
- Assets
- $6.1m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 17
- Location
- Joliet, IL
- Founding
- Data as of
- 06/2024
- EIN
- 36-1263958
Organization Overview
International Association Of Bridge Iron Workers Local 444 is located in Joliet, IL. As of 06/2024, International Association Of Bridge Iron Workers Local 444 employed 17 individuals. International Association Of Bridge Iron Workers Local 444 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, International Association Of Bridge Iron Workers Local 444 generated $3.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.2m during the year ending 06/2024. While expenses have increased by 8.2% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNITE INTO ONE LABOR ORGANIZATION ALL WORKERS ELIGIBLE FOR MEMBERSHIP; REGARDLESS OF RELIGION, RACE, CREED, COLOR, NATIONAL ORIGIN, AGE OR SEX; TO ENGAGE IN ORGANIZING WORKERS AND TO PROVIDE SERVICES TO THOSE WHO ARE ORGANIZED;TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH COLLECTIVE BARGAINING;TO ENGAGE IN CULTURAL, CIVIC, LEGISLATIVE, POLITICAL, FRATERNAL, EDUCATIONAL, CHARITABLE, WELFARE, SOCIAL AND OTHER ACTIVITIES WHICH FURTHER THE INTERESTS OF THIS ORGANIZATION AND ITS MEMBERSHIP DIRECTLY OR INDIRECTLY;TO PROVIDE FINANCIAL AND MORAL ASSISTANCE TO OTHER LABOR ORGANIZATIONS OR OTHER BODIES HAVING PURPOSES AND OBJECTIVES IN WHOLE OR IN PART SIMILAR OR RELATED TO THOSE OF THIS ORGANIZATION;TO ENGAGE IN COMMUNITY ACTIVITIES WHICH WILL ADVANCE THE INTEREST OF THIS ORGANIZATION AND ITS MEMBERS IN THE COMMUNITY AND IN THE NATION, DIRECTLY OR INDIRECTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Arambasich President | Officer | 50 | $121,596 |
Matthew Gregory Executive Committee Member | Officer | 1 | $559 |
Kyle Kavanaugh Executive Committee Member | Officer | 1 | $559 |
Kyle Siwinski Executive Committee Member | Officer | 1 | $559 |
Mike Bradley Trustee | Officer | 1 | $559 |
Dennis Shepherd Executive Committee Member | Officer | 1 | $559 |
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 | $2,157,284 |
| Investment income | $144,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,000 |
| Net Gain/Loss on Asset Sales | $69,221 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,962,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,053 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $66,870 |
| Compensation of current officers, directors, key employees. | $826,835 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $202,925 |
| Pension plan accruals and contributions | $108,421 |
| Other employee benefits | $58,763 |
| Payroll taxes | $45,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,499 |
| Fees for services: Accounting | $29,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,746 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,173 |
| Office expenses | $46,345 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,222 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,770 |
| Interest | $0 |
| Payments to affiliates | $604,316 |
| Depreciation, depletion, and amortization | $63,243 |
| Insurance | $29,855 |
| All other expenses | $670 |
| Total functional expenses | $2,241,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,257 |
| Savings and temporary cash investments | $1,646,600 |
| 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 | $844,781 |
| Investments—publicly traded securities | $3,160,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,109,390 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $6,109,390 |
| 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 | $6,109,390 |