International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr
- Assets
- $67.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mason City, IA
- Founding
- 07/1954
- Data as of
- 12/2021
- EIN
- 42-6066360
Organization Overview
International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr is located in Mason City, IA. The organization was established in 1954. 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 a subordinate organization within an affiliated group for tax-exemption purposes. International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr generated $106.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $121.2k during the year ending 12/2021. While expenses have increased by 5.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE OBJECTIVE OF THE INTERNATIONAL BROTHERHOOD OF BOILERMAKERS IS TO REPRESENT THE BEST INTEREST OF OUR MEMBERS TO MAKE SURE THEY RECEIVE FAIR COMPENSATION AND EMPLOYEE BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Lorentzen President | 15 | $2,361 | |
Mike Brand Vice President | 10 | $2,282 | |
Robby Koppen Treasurer | 10 | $1,444 | |
Cam Bonwell Secretary | 10 | $720 | |
Jeremy Miller Trustee | 5 | $0 | |
Nick Oelberg Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $106,487 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,487 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,979 |
| Professional fees and other payments to independent contractors | $19,350 |
| Occupancy, rent, utilities, and maintenance | $100 |
| Printing, publications, postage, and shipping | $207 |
| Other expenses | $79,519 |
| Total expenses | $121,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,219 |
| Other assets | $0 |
| Total assets | $67,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,219 |
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