International Association Of Bridge
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Chattanooga, TN
- Founding
- 06/1947
- Data as of
- 06/2023
- EIN
- 62-0438904
Organization Overview
International Association Of Bridge is located in Chattanooga, TN. The organization was established in 1947. 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 06/2023, International Association Of Bridge employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Association Of Bridge 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 Association Of Bridge generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $848.6k during the year ending 06/2023. While expenses have increased by 3.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LOCAL WORKS TO PROMOTE THE WELFARE OF IT'S MEMBERS BY SECURING ADEQUATE WAGES, WORKING CONDITIONS & OPPORTUNITIES FOR EMPLOYMENT IN THE IRONWORKING TRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF THE WELFARE OF THE MEMBERS BY SECURING ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES FOR EMPLOYMENT IN THE IRONWORKING TRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Sharpley Executive Committee | Trustee | 1 | $0 |
Charles Wilson Executive Committee | Trustee | 1 | $0 |
Doug Pieper Executive Committee | Trustee | 1 | $0 |
Kenneth Wilkins Trustee | Trustee | 1 | $0 |
Geoffrey Meldahl Trustee | Trustee | 1 | $0 |
Kevin Glaser Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,194,582 |
| 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 | $1,194,582 |
| Total Program Service Revenue | $0 |
| Investment income | $7,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $63,216 |
| Net Gain/Loss on Asset Sales | -$13,283 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,344,510 |
| 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. | $181,859 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,079 |
| Pension plan accruals and contributions | $47,911 |
| Other employee benefits | $89,123 |
| Payroll taxes | $18,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,988 |
| 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 | $13,339 |
| Office expenses | $13,523 |
| Information technology | $5,433 |
| Royalties | $0 |
| Occupancy | $11,956 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,302 |
| Interest | $0 |
| Payments to affiliates | $227,408 |
| Depreciation, depletion, and amortization | $14,467 |
| Insurance | $15,832 |
| All other expenses | $30,352 |
| Total functional expenses | $848,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,722 |
| Savings and temporary cash investments | $1,377,537 |
| 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 | $244,479 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,048 |
| Total assets | $1,629,786 |
| Accounts payable and accrued expenses | $4,400 |
| 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 | $21,909 |
| Total liabilities | $26,309 |
| Net assets without donor restrictions | $1,603,477 |
| 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 | $1,629,786 |