International Association Of Bridge Structural & Ornamental Iron Wrkrs
- Assets
- $5.5m
- Revenue
- $846.5k
- Investments
- $179.8k
- Employees
- 4
- Location
- Fort Wayne, IN
- Founding
- 11/1944
- Data as of
- 06/2021
- EIN
- 35-0560999
Organization Overview
International Association Of Bridge Structural & Ornamental Iron Wrkrs is located in Fort Wayne, IN. 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 06/2021, International Association Of Bridge Structural & Ornamental Iron Wrkrs employed 4 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 Iron Wrkrs is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2021, International Association Of Bridge Structural & Ornamental Iron Wrkrs generated $846.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $967.8k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, SOCIAL AND MORAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Starkey Fs/t, Business Manager | Officer | 50 | $114,826 |
Joe Shawver President | Officer | 8 | $10,216 |
Joseph Strack Recording Secretary | Officer | 1 | $2,788 |
Shane Noble Executive Committee | Officer | 1 | $0 |
Brian Carter Trustee | Officer | 1 | $0 |
Marc Cullum Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $14,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,400 |
| 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 | $846,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $591 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $211,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,370 |
| Pension plan accruals and contributions | $36,712 |
| Other employee benefits | $13,421 |
| Payroll taxes | $13,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,727 |
| Fees for services: Accounting | $22,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,436 |
| Office expenses | $39,912 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,909 |
| Travel | $7,279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,773 |
| Interest | $102,362 |
| Payments to affiliates | $134,476 |
| Depreciation, depletion, and amortization | $146,629 |
| Insurance | $21,079 |
| All other expenses | $0 |
| Total functional expenses | $967,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $603,991 |
| Savings and temporary cash investments | $844,701 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $179,834 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,500,139 |
| 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 | $2,428,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $174,214 |
| Total liabilities | $2,602,302 |
| 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 |
| Total liabilities and net assets/fund balances | $2,897,837 |