Intl Assoc Of Bridge Structural & Ornamental Iron Workers 58
- Assets
- $413.0k
- Revenue
- $237.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Baton Rouge, LA
- Founding
- 11/1944
- Data as of
- 06/2020
- EIN
- 72-0219814
Organization Overview
Intl Assoc Of Bridge Structural & Ornamental Iron Workers 58 is located in Baton Rouge, LA. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2020, Intl Assoc Of Bridge Structural & Ornamental Iron Workers 58 employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intl Assoc Of Bridge Structural & Ornamental Iron Workers 58 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2020, Intl Assoc Of Bridge Structural & Ornamental Iron Workers 58 generated $237.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $265.3k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT UNION MEMBERS IN CONTRACT NEGOTIATIONS, DISPUTE HEARINGS ON SAFETY ISSUES, HEALTH CONCERNS AND A VARIETY OF OTHER ECONOMIC, HEALTH AND LABOR ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO REPRESENT UNION MEMBERS IN CONTRACT NEGOTIATIONS, DISPUTE HEARINGS ON SAFETY ISSUES, HEALTH CONCERNS AND A VARIETY OF OTHER ECONOMIC, HEALTH AND LABOR ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Wilson Trustee | Trustee | 1 | $0 |
Eric Dean Trustee | Trustee | 1 | $0 |
Kenneth W Dean Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $1,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $237,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,933 |
| Payroll taxes | $4,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,608 |
| Fees for services: Accounting | $38,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,091 |
| Office expenses | $8,855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,000 |
| Travel | $4,852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16 |
| Payments to affiliates | $47,515 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $39,385 |
| All other expenses | $0 |
| Total functional expenses | $265,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $413,031 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $413,031 |
| Accounts payable and accrued expenses | $151 |
| 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 | $151 |
| 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 |
| Total liabilities and net assets/fund balances | $412,880 |
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