International Association Of Brdge Strctrl & Ornamental Iron Workers
- Assets
- $496.6k
- Revenue
- $319.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Cumberland, MD
- Founding
- 10/1945
- Data as of
- 06/2021
- EIN
- 52-0313886
Organization Overview
International Association Of Brdge Strctrl & Ornamental Iron Workers is located in Cumberland, MD. The organization was established in 1945. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2021, International Association Of Brdge Strctrl & Ornamental Iron Workers employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Brdge Strctrl & Ornamental Iron Workers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2021, International Association Of Brdge Strctrl & Ornamental Iron Workers generated $319.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $427.4k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UNION'S PURPOSE IS TO ENCOURAGE AND DEVELOP A HIGHER STANDARD OF SKILL, TO EQUITABLY DISTRIBUTE OPPORTUNITIES OF EMPLOYMENT, TO SECURE BY LEGAL AND PROPER MEANS PAY COMMENSURATE WITH THE HAZARDS ENDURED BY THE MEMBERS IN THE PERFORMANCE OF THEIR TRADE, TO DISCOURAGE PIECE WORK, TO PROMOTE SAFE AND REASONABLE METHODS AT WORK, AND TO CULTIVATE MORAL, INTELLECTUAL AND SOCIAL CONDITIONS FOR THE WELL BEING OF ALL ITS MEMBERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION'S PURPOSE IS TO ENCOURAGE AND DEVELOP A HIGHER STANDARD OF SKILL, TO EQUITABLY DISTRIBUTE OPPORTUNITIES OF EMPLOYMENT, TO SECURE BY LEGAL AND PROPER MEANS PAY COMMENSURATE WITH THE HAZARDS ENDURED BY THE MEMBERS IN THE PERFORMANCE OF THEIR TRADE, TO DISCOURAGE PIECE WORK, TO PROMOTE SAFE AND REASONABLE METHODS AT WORK, AND TO CULTIVATE MORAL, INTELLECTUAL, AND SOCIAL CONDITIONS FOR THE WELL BEING OF ALL ITS MEMBERS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford P Wendricks IV Treasurer/bu | OfficerTrustee | 45 | $81,071 |
Daniel W Cessna President | OfficerTrustee | 1 | $0 |
Eric Hughes Vp/exec/exam | OfficerTrustee | 1 | $0 |
Dennis L Mcgann II Rec Secretar | OfficerTrustee | $0 | |
Gerald L Aldridge Sergeant-At | OfficerTrustee | $0 | |
Timothy J Storey II Executive Co | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,767 |
| Investment income | $14,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,525 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,262 |
| Statement of Expenses | |
|---|---|
| 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. | $84,048 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,945 |
| Pension plan accruals and contributions | $121,462 |
| Other employee benefits | $31,895 |
| Payroll taxes | $10,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $345 |
| Fees for services: Accounting | $8,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,113 |
| Fees for services: Other | $0 |
| Advertising and promotion | $733 |
| Office expenses | $5,346 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,800 |
| Travel | $5,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,315 |
| Interest | $0 |
| Payments to affiliates | $81,710 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,498 |
| All other expenses | $0 |
| Total functional expenses | $427,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,116 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $445,494 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $496,610 |
| 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 | $7,075 |
| Total liabilities | $7,075 |
| 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 |
| Total liabilities and net assets/fund balances | $489,535 |