Bridge Structural & Ornamental Ironworkers 118 is located in Sacramento, CA. 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, Bridge Structural & Ornamental Ironworkers 118 employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge Structural & Ornamental Ironworkers 118 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, Bridge Structural & Ornamental Ironworkers 118 generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 8.2% 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
PROMOTE WELFARE OF MEMBERS. SECURE ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES OF EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE WELFARE OF MEMBERS. SECURE ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES OF EMPLOYMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karl Pineo Bus Mgr-Fin Sec-Treas | Officer | 40 | $145,985 |
Tracy Holland Business Agent | Officer | 40 | $122,695 |
Troy Arntson Business Agent | Officer | 40 | $122,665 |
Darron Sturgeon Vice Pres-Organizer | Officer | 40 | $36,310 |
Aaron High Sgt At Arms | Officer | 5 | $0 |
Patrick Linggi President | Officer | 10 | $0 |
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 | $1,726,987 |
Investment income | $56,772 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $29,235 |
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 | $2,520 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,665,110 |
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. | $427,656 |
Compensation of current officers, directors, key employees. | $158,046 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $289,780 |
Pension plan accruals and contributions | $392,683 |
Other employee benefits | $123,385 |
Payroll taxes | $56,203 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,396 |
Fees for services: Accounting | $23,077 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,425 |
Office expenses | $14,264 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $153 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $46,882 |
Insurance | $33,678 |
All other expenses | $987,429 |
Total functional expenses | $2,508,076 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $805,699 |
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 | $8,240 |
Net Land, buildings, and equipment | $582,515 |
Investments—publicly traded securities | $679,740 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,076,194 |
Accounts payable and accrued expenses | $32,568 |
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 | $616,542 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $649,110 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $1,427,084 |
Total liabilities and net assets/fund balances | $2,076,194 |