Iron Workers Building Corporation Inc is located in East Peoria, IL. The organization was established in 1972. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iron Workers Building Corporation Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2024, Iron Workers Building Corporation Inc generated $31.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $50.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
IRON WORKERS BUILDING CORPORATION PROVIDES OFFICE FACILITIES FOR IRON WORKERS LOCAL UNION 112 AND SHOP SPACE FOR IRON WORKERS JOINT APPRENTICE TRAINING AND RETRAINING FUND
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kasey Clouse Executive Committee | 0.5 | $0 | |
Nicholas Garrard Executive Committee | 0.5 | $0 | |
Justin Rodgers Executive Committee | 0.5 | $0 | |
Robert Lynn Executive Committee | 0.5 | $0 | |
Mark Godbey Executive Committee | 0.5 | $0 | |
Jason Wallace Executive Committee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,724 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,480 |
| Total Revenue | $31,204 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $44,869 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,839 |
| Total expenses | $50,708 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,565 |
| Other assets | $0 |
| Total assets | $87,400 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,400 |