International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr
- Assets
- $5.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Brookfield, WI
- Founding
- 07/1954
- Data as of
- 06/2024
- EIN
- 39-0517882
Organization Overview
International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr, operating under the name Boilermakers Local 107, is located in Brookfield, WI. 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 06/2024, Boilermakers Local 107 employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boilermakers Local 107 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, Boilermakers Local 107 generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $1.0m during the year ending 06/2024. While expenses have increased by 3.9% per year over the past 3 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
WE TRAIN APPRENTICES TO BECOME SKILLED JOURNEYMEN TO PROVIDE THOSE SERVICES TO OUR CONTRACTORS. THIS PROVIDES VALUE BY PRODUCTIVITY, SAFETY, AND BRINGS JOBS IN ON TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIN APPRENTICES TO BECOME SKILLED JOURNEYMEN TO PROVIDE THOSE SERVICES TO OUR CUSTOMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blane Tom Business Man | OfficerTrustee | 55 | $138,767 |
Patrick Mcmahon Trustee | Trustee | 55 | $130,187 |
Matthew Bales Business Man | OfficerTrustee | 55 | $0 |
Camillo Dibenedetto Vice Preside | OfficerTrustee | $0 | |
Eric Fredrickson Recording Se | OfficerTrustee | $0 | |
Joseph Garfield President | OfficerTrustee | $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 | $960,148 |
| Investment income | $116,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $124,500 |
| 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 | $1,201,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,063 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,823 |
| Compensation of current officers, directors, key employees. | $468,571 |
| Compensation of current officers, directors, key employees. | $106,752 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,044 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,320 |
| Payroll taxes | $27,072 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,500 |
| Fees for services: Accounting | $14,596 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,279 |
| Advertising and promotion | $4,207 |
| Office expenses | $19,593 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,876 |
| Travel | $19,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,868 |
| Interest | $0 |
| Payments to affiliates | $248,787 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $52,007 |
| All other expenses | $417 |
| Total functional expenses | $1,037,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,709 |
| Savings and temporary cash investments | $3,794,817 |
| 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 | $1,836,482 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,882,008 |
| Accounts payable and accrued expenses | $168 |
| 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 | $168 |
| 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 | $5,881,840 |
| Total liabilities and net assets/fund balances | $5,882,008 |