International Assoc Of Bridge Structural Iron Workers 6
- Assets
- $228.0k
- Revenue
- $592.4k
- Investments
- $0.0
- Employees
- 6
- Location
- West Seneca, NY
- Founding
- 08/1944
- Data as of
- 06/2022
- EIN
- 16-0492620
Organization Overview
International Assoc Of Bridge Structural Iron Workers 6 is located in West Seneca, NY. 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 06/2022, International Assoc Of Bridge Structural Iron Workers 6 employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Assoc Of Bridge Structural Iron Workers 6 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 Assoc Of Bridge Structural Iron Workers 6 generated $592.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $783.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION - TO PROVIDE COLLECTIVE BARGAINING FOR MEMBERS. TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF MEMBERS OF LOCAL 6 AND THEIR FAMILIES; SECURE ADEQUATE WAGES, WORKING CONDITIONS, AND OPPORTUNITIES OF EMPLOYMENT; AND TO ENCOURAGE ITS MEMBERS TO REGISTER TO VOTE IN THE INTEREST OF SAFEGUARDING AND PROMOTING THE PRINCIPLES OF FREE COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL UNION 6 PROMOTED PROGRAMS TO INCREASE EMPLOYMENT OPPORTUNITIES AND SECURE IMPROVED WAGES, FRINGE BENEFITS AND WORKING CONDITIONS FOR MEMBERS ENGAGED IN WORK WITHIN ITS JURISDICTION PRIMARILY THROUGH COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J Willis III Financial Se | Officer | 40 | $77,043 |
Thomas Halligan Business Man | Officer | 40 | $70,212 |
Ronald Sokolowski Recording Se | Officer | 8 | $15,538 |
Brian Hart President | Officer | 8 | $13,766 |
Guy Bugman Vice Preside | Officer | 8 | $1,021 |
Edward Ewing Executive Bo | Officer | 1 | $0 |
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 | $561,313 |
| Investment income | $167 |
| 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 | $2,506 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $592,376 |
| 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. | $378,750 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,714 |
| Pension plan accruals and contributions | $29,091 |
| Other employee benefits | $23,010 |
| Payroll taxes | $13,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,863 |
| Fees for services: Accounting | $12,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,408 |
| Office expenses | $10,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,160 |
| Travel | $17,607 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,848 |
| Interest | $0 |
| Payments to affiliates | $113,999 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,529 |
| All other expenses | $2,393 |
| Total functional expenses | $783,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,543 |
| Savings and temporary cash investments | $207,482 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $228,025 |
| Accounts payable and accrued expenses | $27,314 |
| 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 | $40,000 |
| Total liabilities | $67,314 |
| Net assets without donor restrictions | $160,711 |
| 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 | $228,025 |