International Brotherhood Of Boilermakers Iron Ship Builders
- Assets
- $76.3m
- Revenue
- $54.6m
- Investments
- $10.2m
- Employees
- 133
- Location
- Kansas City, KS
- Founding
- 07/1954
- Data as of
- 06/2021
- EIN
- 48-6031851
Organization Overview
International Brotherhood Of Boilermakers Iron Ship Builders is located in Kansas City, KS. 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. As of 06/2021, International Brotherhood Of Boilermakers Iron Ship Builders employed 133 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Brotherhood Of Boilermakers Iron Ship Builders 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 Brotherhood Of Boilermakers Iron Ship Builders generated $54.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $40.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, International Brotherhood Of Boilermakers Iron Ship Builders has awarded 79 individual grants totaling $1,786,763. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IBB PROMOTES AND PROTECTS THE INTERESTS OF ITS MEMBERS BY BARGAINING COLLECTIVELY WITH THEIR EMPLOYERS TO SECURE BETTER WORKING CONDITIONS, WAGES, AND SIMILAR BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnie Stadnick International Vice Pres | Officer | 112 | $388,157 |
Newton B Jones International President | Officer | 56 | $341,125 |
Truman Warren Fairley International Vice Pres | Officer | 82 | $324,779 |
John Fultz International Vice Pres | Officer | 112 | $298,870 |
Tom Baca International Vice Pres | Officer | 112 | $297,420 |
Lawrence J Mcmanamon International Vice Pres | Officer | 112 | $292,215 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blake & Uhlig Legal Services | 6/29/21 | $782,796 |
United Unions Landlord | 6/29/21 | $147,081 |
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 | $52,403,381 |
| Investment income | $1,082,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $81,197 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $825,761 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $26,413 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,566,227 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $338,784 |
| Grants and other assistance to domestic individuals. | $7,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,673 |
| Benefits paid to or for members | $144,574 |
| Compensation of current officers, directors, key employees. | $3,758,138 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,634,803 |
| Pension plan accruals and contributions | $6,409,149 |
| Other employee benefits | $6,350,018 |
| Payroll taxes | $1,259,819 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,025,754 |
| Fees for services: Accounting | $85,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $103,148 |
| Fees for services: Other | $1,251,681 |
| Advertising and promotion | $30,655 |
| Office expenses | $1,336,122 |
| Information technology | $266,466 |
| Royalties | $0 |
| Occupancy | $1,147,617 |
| Travel | $61,434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $801,625 |
| Interest | $39,999 |
| Payments to affiliates | $978,823 |
| Depreciation, depletion, and amortization | $925,506 |
| Insurance | $424,174 |
| All other expenses | $306,346 |
| Total functional expenses | $40,288,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,953,080 |
| Savings and temporary cash investments | $11,375,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $2,000,000 |
| Notes and loans receivable | $35,566 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,232,294 |
| Investments—publicly traded securities | $35,495,513 |
| Investments—other securities | $10,215,800 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $76,307,712 |
| 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 | $1,332,317 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,701,278 |
| Total liabilities | $6,033,595 |
| Net assets without donor restrictions | $70,274,117 |
| 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 | $76,307,712 |
Grants Awarded
Over the last fiscal year, International Brotherhood Of Boilermakers Iron Ship Builders has awarded $308,050 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA LABOR FEDERATION STANDING COMMITTEE ON POLITICAL EDUCATION PURPOSE: POLITICAL CONTRIBUTION | $200,000 |
Park City, UT PURPOSE: CHARITABLE CONTRIBUTION | $28,800 |
New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
Triangle, VA PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Washington, DC PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Washington, DC PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that International Brotherhood Of Boilermakers Iron Ship Builders has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
United Food And Commercial Workers International Union Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
National Air Traffic Controllers Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
International Association Of Machinists & Aerospace Grand Lodge Upper Marlboro, MD PURPOSE: CONTRIBUTION TO SUPPORT LOCKED OUT EMPLOYEES | $10,000 |
National Association Of Letter Carriers Washington, DC PURPOSE: GENERAL | $7,000 |