Int Assoc Of Bridge Structural & Ornamental Ironworkers Local Union 16 is located in Baltimore, MD. As of 12/2016, Int Assoc Of Bridge Structural & Ornamental Ironworkers Local Union 16 employed 4 individuals. Int Assoc Of Bridge Structural & Ornamental Ironworkers Local Union 16 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2016, Int Assoc Of Bridge Structural & Ornamental Ironworkers Local Union 16 generated $412.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $546.2k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (31.5%) per year over the past 2 years. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT ITS MEMBERS IN WAGES, SALARY, BENEFITS AND JOB SECURITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS PRIMARY PURPOSE IS TO REPRESENT ITS MEMBERS IN WAGES, BENEFITS, WORKING CONDITIONS AND EMPLOYER RELATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Driscoll Trustee | Trustee | 1 | $0 |
James Sutton Jr Trustee | Trustee | 1 | $0 |
Patrick Ziemski Trustee | Trustee | 1 | $0 |
William Beckman President | Officer | 36 | $74,660 |
Edward Wolff II Vice President | Officer | 1 | $0 |
Thomas Brune Business Manager/fst | Officer | 36 | $78,053 |
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 | $355,565 |
Investment income | $20,794 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,675 |
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 | $412,289 |
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. | $148,132 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,997 |
Pension plan accruals and contributions | $9,694 |
Other employee benefits | $10,101 |
Payroll taxes | $4,901 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,097 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,851 |
Fees for services: Other | $12,500 |
Advertising and promotion | $26,500 |
Office expenses | $5,024 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,926 |
Interest | $0 |
Payments to affiliates | $106,647 |
Depreciation, depletion, and amortization | $6,982 |
Insurance | $8,208 |
All other expenses | $24,789 |
Total functional expenses | $546,223 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |