International Association Of Bridge Structural & Ornamental Iron Wkrs
- Assets
- $2.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 9
- Location
- East Peoria, IL
- Founding
- 11/1944
- Data as of
- 06/2024
- EIN
- 37-0347320
Organization Overview
International Association Of Bridge Structural & Ornamental Iron Wkrs is located in East Peoria, IL. The organization was established in 1944. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2024, International Association Of Bridge Structural & Ornamental Iron Wkrs employed 9 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 Wkrs 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 Structural & Ornamental Iron Wkrs generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $865.2k during the year ending 06/2024. While expenses have increased by 3.0% per year over the past 8 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
SUPPORT AND ALLEGIANCE TO THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL & REINFORCING IRON WORKERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVES AS A JOB REFERRAL HALL SERVICE FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Wallace President | OfficerTrustee | 1 | $3,989 |
Joseph Reising Recording Secretary | OfficerTrustee | 1 | $6,020 |
Robert Lynn Executive Committee | OfficerTrustee | 1 | $0 |
Mark Godbey Executive Committee | OfficerTrustee | 1 | $0 |
Justin Rodgers Executive Committee | OfficerTrustee | 1 | $0 |
Nicholas Garrard Executive Committee | OfficerTrustee | 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 | $1,021,743 |
| Investment income | $62,023 |
| 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 | $1,083,766 |
| 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 | $17,000 |
| Compensation of current officers, directors, key employees. | $118,453 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,306 |
| Pension plan accruals and contributions | $148,559 |
| Other employee benefits | $73,788 |
| Payroll taxes | $26,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,201 |
| Office expenses | $46,978 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,134 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $4,082 |
| Insurance | $6,554 |
| All other expenses | $2,190 |
| Total functional expenses | $865,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $914,955 |
| Savings and temporary cash investments | $962,955 |
| 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 | $91,980 |
| Investments—publicly traded securities | $546,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $2,516,862 |
| Accounts payable and accrued expenses | $2,643 |
| 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 | $2,643 |
| Net assets without donor restrictions | $2,498,783 |
| Net assets with donor restrictions | $15,436 |
| 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 | $2,516,862 |