International Assoc Of Bridge Structural & Ornamental Iron Worke is located in Wilmington, DE. The organization was established in 1944. 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, International Assoc Of Bridge Structural & Ornamental Iron Worke employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Assoc Of Bridge Structural & Ornamental Iron Worke 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, International Assoc Of Bridge Structural & Ornamental Iron Worke generated $784.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.2m 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
TO PROVIDE TRAINING AND JOB PLACEMENT FOR MEMBERS IN POSITIONS COVERED UNDER THE COLLECTIVE BARGAINING AGREEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS OF THE LOCAL UNION ARE REQUIRED TO CONTRIBUTE CERTAIN AMOUNTS FOR MEMBERSHIP DUES AND OTHER PURPOSES FROM TIME TO TIME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Al Green Past Business Manage/financial Secretary | Trustee | 40 | $77,985 |
Alfred Piccioni Past President/ Business Agent | Officer | 40 | $72,931 |
Daniel Freebery Past Vice President | Officer | 40 | $0 |
Sean Woods Past Union Trustee | Officer | 2 | $0 |
Richard Jordan Past Recording Secretary | Officer | 2 | $19,562 |
Steven Pennington Past Executive Board | Officer | 2 | $0 |
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 | $773,676 |
Investment income | $811 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,267 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$925 |
Miscellaneous Revenue | $0 |
Total Revenue | $784,270 |
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 | $2,064 |
Benefits paid to or for members | $160,291 |
Compensation of current officers, directors, key employees. | $170,478 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $35,600 |
Pension plan accruals and contributions | $116,471 |
Other employee benefits | $52,732 |
Payroll taxes | $21,037 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,594 |
Fees for services: Accounting | $14,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $19,385 |
Office expenses | $10,514 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $39,026 |
Travel | $15,739 |
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 | $471,234 |
Depreciation, depletion, and amortization | $25,492 |
Insurance | $16,790 |
All other expenses | $0 |
Total functional expenses | $1,230,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $423,587 |
Savings and temporary cash investments | $208,996 |
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 | $95,011 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $38,477 |
Total assets | $766,071 |
Accounts payable and accrued expenses | $7,547 |
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 | $7,547 |
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 | $758,524 |
Total liabilities and net assets/fund balances | $766,071 |