Iron Workers International Assn 516 Of Bridge Structural & Ornamental
- Assets
- $153.5k
- Revenue
- $745.3k
- Investments
- $0.0
- Employees
- 13
- Location
- Portland, OR
- Founding
- 05/1945
- Data as of
- 06/2022
- EIN
- 93-0167657
Organization Overview
Iron Workers International Assn 516 Of Bridge Structural & Ornamental is located in Portland, OR. The organization was established in 1945. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, Iron Workers International Assn 516 Of Bridge Structural & Ornamental employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iron Workers International Assn 516 Of Bridge Structural & Ornamental 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, Iron Workers International Assn 516 Of Bridge Structural & Ornamental generated $745.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $720.7k during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 7 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
REPRESENTATION OF UNION MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A LOCAL UNION OF THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS, AFL-CIO. THE UNION'S PRIMARY PURPOSE IT TO REPRESENT ITS MEMBERS IN NEGOTIATING AND MONITORING COLLECTIVE BARGAINED AGREEMENTS WITH PARTICIPATING UNION EMPLOYERS. THE UNION ALSO MONITORS WORKING CONDITIONS, INVESTIGATES LABOR-MANAGEMENT DISPUTES AND SEEKS TO ORGANIZE NON-UNION EMPLOYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip A Casciato Secretary-Treas | Officer | 40 | $81,750 |
Michael J Stewart Past Exec Board | Trustee | 1 | $12,750 |
James D Beyer Jr Trustee | Trustee | 1 | $981 |
Robert C Loofbourrow Executive Board | Trustee | 1 | $962 |
Felix E Antich Past Vice Pres | Officer | 1 | $203 |
Scott Oleson Vice Pres/ex Bd | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $63,202 |
| 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 | $63,202 |
| Total Program Service Revenue | $589,923 |
| Investment income | $1 |
| 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 | $745,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $15,500 |
| Compensation of current officers, directors, key employees. | $106,541 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,763 |
| Pension plan accruals and contributions | $15,718 |
| Other employee benefits | $72,077 |
| Payroll taxes | $22,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,368 |
| Fees for services: Accounting | $13,376 |
| 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 | $11,671 |
| Information technology | $213 |
| Royalties | $0 |
| Occupancy | $17,373 |
| Travel | $18,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,733 |
| Interest | $0 |
| Payments to affiliates | $213,942 |
| Depreciation, depletion, and amortization | $5,342 |
| Insurance | $14,207 |
| All other expenses | $0 |
| Total functional expenses | $720,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,937 |
| Savings and temporary cash investments | $9,714 |
| 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 | $2,902 |
| Net Land, buildings, and equipment | $9,897 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $153,450 |
| 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 | $5,737 |
| Total liabilities | $5,737 |
| Net assets without donor restrictions | $147,713 |
| 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 | $153,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Screen Actors Guild- American Federation Of Television And Radio Los Angeles, CA | $489,430,210 | $116,653,333 |
United Brotherhood Of Carpenters & Joiners Of America Los Angeles, CA | $343,008,964 | $113,955,046 |
Service Employees International Union Los Angeles, CA | $122,690,385 | $94,073,514 |
Service Employees International Union Los Angeles, CA | $37,940,292 | $71,749,846 |
International Union Of Operating Engineers Local 3 Alameda, CA | $96,789,606 | $67,758,955 |
Los Angeles County Professional Peace Officers Association San Dimas, CA | $7,676,247 | $51,684,882 |
United Teachers Los Angeles Los Angeles, CA | $51,917,660 | $49,880,266 |
Union Of California State Workers Sacramento, CA | $36,503,643 | $45,747,790 |
Service Employees International Union Oakland, CA | $59,492,320 | $48,330,532 |
United Brotherhood Of Carpenters & Joiners Of America Oakland, CA | $230,758,063 | $85,724,853 |
United Brotherhood Of Carpenters & Joiners Of America Kent, WA | $80,833,158 | $47,400,322 |
Directors Guild Of America Inc Los Angeles, CA | $101,897,715 | $40,881,424 |