International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr
- Assets
- $6.0m
- Revenue
- $2.9m
- Investments
- $158.4k
- Employees
- 7
- Location
- Chattanooga, TN
- Founding
- 07/1954
- Data as of
- 06/2024
- EIN
- 62-6069423
Organization Overview
International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr is located in Chattanooga, TN. The organization was established in 1954. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2024, International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr 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 Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $2.7m during the year ending 06/2024. 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
THE ORGANIZATION IS A LABOR UNION WHOSE EXEMPT PURPOSE IS TO ORGANIZE AND COLLECTIVELY BARGAIN FOR MEMBERS TO OBTAIN BETTER WAGES AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES COLLECTIVE BARGAINING FOR APPROXIMATELY 935 MEMBERS AND IS FINANCED BY DUES FROM MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zach Hamilton President | OfficerTrustee | 0.5 | $0 |
Robert Lunsford Jr Business Manager | OfficerTrustee | 40 | $181,453 |
Todd Blankenship Vp/secretary | OfficerTrustee | 0.5 | $0 |
Edwin Howard Union Official | 40 | $148,904 | |
James Dukes Union Official | 40 | $149,141 | |
Richard Scott May Union Official | 40 | $149,311 |
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 | $2,649,428 |
| Investment income | $227,079 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,060 |
| Net Gain/Loss on Asset Sales | -$9,456 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,906,111 |
| 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. | $321,257 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $581,553 |
| Pension plan accruals and contributions | $367,940 |
| Other employee benefits | $68,318 |
| Payroll taxes | $63,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,585 |
| Information technology | $5,878 |
| Royalties | $0 |
| Occupancy | $49,178 |
| Travel | $35,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $116,671 |
| Interest | $0 |
| Payments to affiliates | $888,263 |
| Depreciation, depletion, and amortization | $65,863 |
| Insurance | $21,204 |
| All other expenses | $4,801 |
| Total functional expenses | $2,681,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,905,627 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,255 |
| 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 | $3,121 |
| Net Land, buildings, and equipment | $237,931 |
| Investments—publicly traded securities | $3,396,834 |
| Investments—other securities | $158,422 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $301,159 |
| Total assets | $6,006,349 |
| Accounts payable and accrued expenses | $73,652 |
| 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 | $110,006 |
| Total liabilities | $183,658 |
| Net assets without donor restrictions | $5,822,691 |
| 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 | $6,006,349 |