International Assn Of Bridge
- Assets
- $1.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Ft Lauderdale, FL
- Founding
- 05/1956
- Data as of
- 06/2022
- EIN
- 59-0340605
Organization Overview
International Assn Of Bridge is located in Ft Lauderdale, FL. The organization was established in 1956. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, International Assn Of Bridge employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Assn Of Bridge is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, International Assn Of Bridge generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. 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
2022
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 |
|---|---|---|---|
Yosvany Torres Business Manager, Fin Sec | OfficerTrustee | 40 | $113,325 |
Eduardo Leon Board Member, Organizer | Trustee | 40 | $72,670 |
Jorge Tamayo President | OfficerTrustee | 2 | $0 |
Hiram Rodriquez Recording Secretary | OfficerTrustee | 2 | $0 |
Valentin Frais Vice President | OfficerTrustee | 2 | $0 |
Carlos Hernandez Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $807,865 |
| Fundraising events | $0 |
| Related organizations | $154,836 |
| 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 | $962,701 |
| Total Program Service Revenue | $15,200 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $60,500 |
| 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 | $1,039,323 |
| 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 | $45,804 |
| Compensation of current officers, directors, key employees. | $185,995 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,240 |
| Pension plan accruals and contributions | $144,692 |
| Other employee benefits | $48,760 |
| Payroll taxes | $19,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,286 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $500 |
| Office expenses | $15,959 |
| Information technology | $1,549 |
| 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 | $11,945 |
| Interest | $2,503 |
| Payments to affiliates | $292,878 |
| Depreciation, depletion, and amortization | $54,822 |
| Insurance | $15,818 |
| All other expenses | $86,215 |
| Total functional expenses | $1,245,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,766 |
| Savings and temporary cash investments | $616,650 |
| 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 | $621,820 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,703 |
| Total assets | $1,280,939 |
| Accounts payable and accrued expenses | $8,514 |
| 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 | $20,070 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,740 |
| Total liabilities | $57,324 |
| Net assets without donor restrictions | $1,122,313 |
| Net assets with donor restrictions | $101,302 |
| 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 | $1,280,939 |
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