International Association Of Bridge Structural & Ornamental Ironworker
- Assets
- $2.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- 04/1966
- Data as of
- 06/2022
- EIN
- 74-0707436
Organization Overview
International Association Of Bridge Structural & Ornamental Ironworker is located in Austin, TX. The organization was established in 1966. 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 06/2022, International Association Of Bridge Structural & Ornamental Ironworker employed 3 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 06/2022, International Association Of Bridge Structural & Ornamental Ironworker generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 31.8% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE IRONWORKERS LU#482 HAS BEEN WORKING FOR EMPLYMNT OPPORTUNITIES FAIR PAY HEALTH AND WELFARE BENEFITS CONTINUING EDUC. AND OTHER WORKERS RIGHTS SINCE 1935 TRAINING ITS MEMBERS TO BE THE MOST HIGHLY TRAINED AND SKILLED WORKERS IN THE TRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PER CAPITA PAYMENTS ARE REMITTED TO THE INTERNATIONAL IRON WORKERS ORGANIZATION THE TEXAS AFL-CIO,THE TEXAS BUILDING AND CONSTRUCTION TRADES COUNCIL THE AUSTIN AFL-CIO AND THE CENTRAL TEXAS BUILDING TRADES COUNCIL. REVENUE CONSISTS OF DUES COLLECTED FROM MEMBERS.
PAYROLL AND BENEFITS FOR THE ADMINISTRATION OF THE ORGANIZATION AND FOR THE ORGANIZER WHO WORKSWITH THE MEMBERS TO PROVIDE ASSISTANCE WITH A VARIETY OF SERVICES. THESE SERVICES INCLUDE WORKSHOPS TRAINING REPRESENTATION IN PROCURING WORK AND BENEFITS FOR ITS MEMBERS.
JOB TARGET EXPENSE. ASSISTANCE IS PROVIDED INDIRECTLY TO THE IRON WORKER MEMBERS BY TARGETING CONSTRUCTION PROJECTS IN ORDER TO CREATE ADDITIONAL EMPLOYMENT OPPORTUNITIES. JOB TARGET EXPENSE CREATES A BENEFIT TO THE MEMBERS BY CREATING EMPLOYMENT OPPORTUNITIES FOR THE MORE HIGHLY SKILLED WORKER MEMBERS VERSUS LESS SKILLED LOWER PAID INDUSTRY WORKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Puckett President | Officer | 10 | $0 |
Artemio Lopez Vice President | Officer | 10 | $0 |
Robin Drake Fin Sec Treas Bus Mgr | Officer | 40 | $100,191 |
Riley Drake Recording Secretary | Officer | 10 | $0 |
Ascension Rodriguez Board | Trustee | 40 | $85,165 |
Douglas Owen Board | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $161,699 |
| 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 | $161,699 |
| Total Program Service Revenue | $1,542,639 |
| Investment income | $4,412 |
| 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 | $1,708,750 |
| 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. | $188,050 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,996 |
| Pension plan accruals and contributions | $78,984 |
| Other employee benefits | $53,435 |
| Payroll taxes | $19,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $635 |
| Office expenses | $177,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,295 |
| Travel | $9,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $78,287 |
| Depreciation, depletion, and amortization | $10,680 |
| Insurance | $7,068 |
| All other expenses | $13,714 |
| Total functional expenses | $1,101,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $498,960 |
| Savings and temporary cash investments | $2,155,778 |
| 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 | $26,796 |
| Investments—publicly traded securities | $2,081 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,332 |
| Total assets | $2,703,947 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,151 |
| Total liabilities | $8,151 |
| Net assets without donor restrictions | $2,695,796 |
| 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 | $2,703,947 |