Bridges Structural & Ornamental Iron Workers Union
- Assets
- $4.3m
- Revenue
- $1.9m
- Investments
- $2.4m
- Employees
- 15
- Location
- Atlanta, GA
- Founding
- 07/1945
- Data as of
- 06/2024
- EIN
- 58-0462061
Organization Overview
Bridges Structural & Ornamental Iron Workers Union is located in Atlanta, GA. The organization was established in 1945. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2024, Bridges Structural & Ornamental Iron Workers Union employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridges Structural & Ornamental Iron Workers Union is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Bridges Structural & Ornamental Iron Workers Union generated $1.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.5m during the year ending 06/2024. While expenses have increased by 2.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS EXEMPT PURPOSE IS TO ACT AS COLLECTIVE BARGAINING AGENT ON BEHALF OF MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED BY UNION TO PROVIDE JOBS FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Duffield Business Manager | OfficerTrustee | 48 | $113,679 |
Christopher Tobiasson President | OfficerTrustee | 5 | $0 |
Juan Jose Wences Recording Secretary, Past | OfficerTrustee | 48 | $47,485 |
Shawn Cody Vice President | OfficerTrustee | 48 | $108,523 |
Tony Simmons Board Member | Trustee | 2 | $356 |
Howard Baker Board Member | Trustee | 2 | $1,444 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,751,942 |
| Fundraising events | $0 |
| Related organizations | $5,000 |
| 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 | $1,756,942 |
| Total Program Service Revenue | $21,495 |
| Investment income | $103,552 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,941,199 |
| 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 | $21,370 |
| Compensation of current officers, directors, key employees. | $279,828 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,427 |
| Pension plan accruals and contributions | $140,757 |
| Other employee benefits | $62,386 |
| Payroll taxes | $27,354 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $360 |
| Fees for services: Accounting | $18,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,541 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,166 |
| Office expenses | $17,957 |
| Information technology | $2,552 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,019 |
| Interest | $0 |
| Payments to affiliates | $443,820 |
| Depreciation, depletion, and amortization | $30,222 |
| Insurance | $31,391 |
| All other expenses | $78,000 |
| Total functional expenses | $1,505,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $808,346 |
| 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 | $408,829 |
| Investments—publicly traded securities | $757,594 |
| Investments—other securities | $2,362,561 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,337,330 |
| Accounts payable and accrued expenses | $30,873 |
| 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 | $0 |
| Total liabilities | $30,873 |
| Net assets without donor restrictions | $3,185,954 |
| Net assets with donor restrictions | $1,120,503 |
| 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 | $4,337,330 |