International Association Of Bridge Structural & Ornamental Ironworker
- Assets
- $5.0m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 12
- Location
- Nashville, TN
- Founding
- 11/1944
- Data as of
- 06/2024
- EIN
- 62-0204654
Organization Overview
International Association Of Bridge Structural & Ornamental Ironworker is located in Nashville, TN. The organization was established in 1944. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2024, International Association Of Bridge Structural & Ornamental Ironworker employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Bridge Structural & Ornamental Ironworker 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, International Association Of Bridge Structural & Ornamental Ironworker generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $1.1m during the year ending 06/2024. While expenses have increased by 5.6% per year over the past 9 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
OPERATION OF A LABOR UNION TO INCREASE MEMBER BENEFITS & JOB OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL UNION NO. 492 WORKS TO PROMOTE THE WELFARE OF ITS MEMBERS BY SECURING ADEQUATE WAGES, WORKING CONDITIONS & OPPORTUNITY FOR EMPLOYMENT.
LOCAL UNION NO. 492 WORKS TO PROMOTE THE WELFARE OF ITS MEMBERS BY SECURING ADEQUATE WAGES, WORKING CONDITIONS & OPPORTUNITY FOR EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacen Davidson Fst/bm, Delg | Officer | 40 | $96,430 |
Michael Ericksin Executive Co | Trustee | 1 | $1,763 |
Travis G O'daniel President,de | OfficerTrustee | 40 | $1,485 |
Brian Felts Recording Se | OfficerTrustee | 1 | $1,213 |
Justin Demonbreun Trustee | Trustee | 1 | $800 |
Mark Zacharias Trustee | Trustee | 1 | $740 |
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 | $3,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,900 |
| Total Program Service Revenue | $2,279,022 |
| Investment income | $83,728 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,600 |
| 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 | -$3,397 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,377,421 |
| 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 | $64,946 |
| Compensation of current officers, directors, key employees. | $99,391 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,144 |
| Pension plan accruals and contributions | $80,956 |
| Other employee benefits | $0 |
| Payroll taxes | $16,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,214 |
| Fees for services: Accounting | $7,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $135,900 |
| Office expenses | $19,563 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,921 |
| Travel | $16,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,096 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,672 |
| Insurance | $12,732 |
| All other expenses | $40,739 |
| Total functional expenses | $1,071,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $698,464 |
| Savings and temporary cash investments | $2,354,953 |
| 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 | $1,917,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,971,250 |
| Accounts payable and accrued expenses | $31,141 |
| 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 | $31,141 |
| 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 | $4,940,109 |
| Total liabilities and net assets/fund balances | $4,971,250 |