International Assoc Of Bridge Struc & Ornamental Iron Workers
- Assets
- $1.7m
- Revenue
- $961.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Ashland, KY
- Founding
- 05/1956
- Data as of
- 06/2023
- EIN
- 61-0517366
Organization Overview
International Assoc Of Bridge Struc & Ornamental Iron Workers is located in Ashland, KY. The organization was established in 1956. 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 Struc & Ornamental Iron Workers employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Assoc Of Bridge Struc & 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 06/2023, International Assoc Of Bridge Struc & Ornamental Iron Workers generated $961.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $863.1k 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 PROTECT ITS MEMBERS FROM UNJUST COMPETITION, SECURE BETTER WORKING CONDITIONS AND PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PENSION AND WELFARE CONTRIBUTIONS FOR MEMBERS $125,854.
DEATH BENEFITS PAID TO SURVIVORS OF DECEASED MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Johnson Sgt Of Arms | Trustee | 0 | $0 |
Robert Preston Executive Board | Trustee | 0 | $0 |
Chris George Executive Board | Trustee | 0 | $0 |
Clint Mcneal Executive Board | Trustee | 0 | $0 |
Brett Shipman Executive Board | Trustee | 0 | $0 |
Billy Daton Trustee | Trustee | 0 | $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 | $101,111 |
| Investment income | $5,939 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,800 |
| 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 | $961,630 |
| 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. | $111,674 |
| Compensation of current officers, directors, key employees. | $111,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $164 |
| Office expenses | $4,117 |
| Information technology | $84 |
| Royalties | $0 |
| Occupancy | $10,876 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,783 |
| Interest | $2,850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,925 |
| All other expenses | $166,303 |
| Total functional expenses | $863,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $836,415 |
| Savings and temporary cash investments | $692,091 |
| 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 | $3,088 |
| Prepaid expenses and deferred charges | $1,515 |
| Net Land, buildings, and equipment | $188,474 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,603 |
| Total assets | $1,727,186 |
| Accounts payable and accrued expenses | $68,763 |
| 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 | $48,252 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $117,015 |
| Net assets without donor restrictions | $1,610,171 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,727,186 |