International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr
- Assets
- $5.8m
- Revenue
- $2.4m
- Investments
- $7.5k
- Employees
- 6
- Location
- Chattanooga, TN
- Founding
- 07/1954
- Data as of
- 06/2022
- EIN
- 62-6069423
Organization Overview
International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr is located in Chattanooga, TN. 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 06/2022, International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr employed 6 individuals. 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 06/2022, International Brotherhd - Boilrmkrs Ir Shp Bldrs Blcksmth Frgrs & Hlpr generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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 ORGANIZATION IS A LABOR UNION WHOSE EXEMPT PURPOSE IS TO ORGANIZE AND COLLECTIVELY BARGAIN FOR MEMBERS TO OBTAIN BETTER WAGES AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES COLLECTIVE BARGAINING FOR APPROXIMATELY 992 MEMBERS AND IS FINANCED BY DUES FROM MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lunsford Business Manager | OfficerTrustee | 40 | $180,472 |
James Dukes Union Official | 40 | $148,451 | |
Scott May Union Official | 40 | $148,447 | |
Edwin Howard Union Official | 40 | $148,371 | |
Jon Hill President | OfficerTrustee | 0.5 | $0 |
Zach Hamilton Vice President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,974 |
| 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 | $30,974 |
| Total Program Service Revenue | $2,120,902 |
| Investment income | $147,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,060 |
| Net Gain/Loss on Asset Sales | $79,403 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,419,148 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $290,441 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,572 |
| Pension plan accruals and contributions | $367,010 |
| Other employee benefits | $71,800 |
| Payroll taxes | $52,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,060 |
| Information technology | $9,927 |
| Royalties | $0 |
| Occupancy | $64,597 |
| Travel | $35,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,364 |
| Interest | $0 |
| Payments to affiliates | $654,606 |
| Depreciation, depletion, and amortization | $46,453 |
| Insurance | $22,349 |
| All other expenses | $1,472 |
| Total functional expenses | $2,283,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,618,125 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,255 |
| 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 | $24,946 |
| Net Land, buildings, and equipment | $278,638 |
| Investments—publicly traded securities | $3,586,630 |
| Investments—other securities | $7,511 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $301,159 |
| Total assets | $5,820,264 |
| Accounts payable and accrued expenses | $71,458 |
| 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 | $50,180 |
| Total liabilities | $121,638 |
| Net assets without donor restrictions | $5,698,626 |
| 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 | $5,820,264 |