Brotherhood Of Railroad Signalmen Grand Lodge is located in Front Royal, VA. The organization was established in 1941. 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, Brotherhood Of Railroad Signalmen Grand Lodge employed 40 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Brotherhood Of Railroad Signalmen Grand Lodge 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, Brotherhood Of Railroad Signalmen Grand Lodge generated $6.0m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $6.9m 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
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEGOTIATE AND MAINTAIN COLLECTIVE BARGANING AGREEMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Baldwin President | Officer | 40 | $215,683 |
James Finnegan Secretary-Treasurer | Officer | 40 | $173,732 |
Timothy Tarrant Vice-President | Officer | 40 | $171,118 |
Kurt Mullins Vice-President | Officer | 40 | $166,147 |
Cory Claypool Vice-President | Officer | 40 | $165,464 |
Brandon Elvey Vice-President | Officer | 40 | $165,464 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $5,729,843 |
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 | $5,729,843 |
Total Program Service Revenue | $0 |
Investment income | $310,568 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $28,137 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$83,330 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,027,209 |
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. | $1,493,292 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,420,134 |
Pension plan accruals and contributions | $124,401 |
Other employee benefits | $873,985 |
Payroll taxes | $519,521 |
Fees for services: Management | $0 |
Fees for services: Legal | $196,253 |
Fees for services: Accounting | $20,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $16,271 |
Fees for services: Other | $64,098 |
Advertising and promotion | $0 |
Office expenses | $333,278 |
Information technology | $63,566 |
Royalties | $0 |
Occupancy | $106,709 |
Travel | $694,797 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $397,327 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $168,640 |
Insurance | $16,470 |
All other expenses | $12,884 |
Total functional expenses | $6,880,352 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $6,083,801 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $78,765 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $77,270 |
Prepaid expenses and deferred charges | $9,346 |
Net Land, buildings, and equipment | $1,746,387 |
Investments—publicly traded securities | $5,632,162 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $13,627,931 |
Accounts payable and accrued expenses | $2,316 |
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 | $2,316 |
Net assets without donor restrictions | $9,023,524 |
Net assets with donor restrictions | $4,602,091 |
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 | $13,627,931 |