INTERNATIONAL ASSN OF BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS (EIN 135157704) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

JOSEPH NOLAN

Phone

2125941662

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL ASSN OF BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS, founded in 1938, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $4.5M left a modest 14% surplus.

Mission

LABOR UNION ACTIVITIES INCLUDING MEMBER REPRESENTATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,881,363

Investment Income $1,290,407

Other Revenue $1,958

TOTAL REVENUE $5,173,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,932,514

Fundraising Expenses $0

Other Expenses $2,538,726

TOTAL EXPENSES $4,471,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,173,728	$4,313,989	+0.2%
Expenses	$4,471,240	$4,332,676	+0.0%
Net Income	$702,488	$-18,687	-38.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,439,393

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MOONEY	EXAMINING BOARD	1.00	Officer	$0	$0	$0
PETER MYERS	FORMER BUSINESS MANAGER/FI	45.00	Officer	$46,560	$68,042	$114,602
THOMAS CALABRESE	EXECUTIVE BOARD	1.00	Officer	$625	$0	$625
CHARLES FITZPATRICK	EXAMINING BOARD	1.00	Officer	$0	$0	$0
JOEL OWUSU	EXAMINING BOARD	1.00	Officer	$0	$0	$0
KEVIN MCKEON	BUSINESS AGENT	45.00	Officer	$151,916	$157,771	$309,687
JAMES COYNE	BUSINESS AGENT	45.00	Officer	$1,195	$0	$1,195
THOMAS MILTON	BUSINESS AGENT	45.00	Officer	$151,917	$150,750	$302,667
JAMES FEGEL	EXECUTIVE BOARD	1.00	Officer	$1,000	$0	$1,000
RICHARD MIDDLETON	TRUSTEE	1.00	Officer	$0	$0	$0
JOSEPH NOLAN	BUSINESS MANAGER/FINANCIAL	45.00	Officer	$151,917	$157,338	$309,255
JOSEPH MAFFEI	BUSINESS AGENT	1.00	Officer	$152,042	$0	$152,042
STEVEN DONOFRIO	PRESIDENT	1.00	Officer	$9,536	$0	$9,536
THOMAS DAWSON	EXECUTIVE BOARD	1.00	Officer	$1,500	$0	$1,500
JOSE JIMENEZ	EXECUTIVE BOARD	1.00	Officer	$1,500	$0	$1,500
DANIEL BUSH	EXECUTIVE BOARD	1.00	Officer	$3,260	$0	$3,260
EARL DUNN	BUSINESS AGENT	1.00	Officer	$108,935	$113,661	$222,596
JASON MCGOWAN	RECORDING SECRETARY	1.00	Officer	$9,428	$0	$9,428
RYAN HERBERT	FORMER EXECUTIVE BOARD	1.00	Officer	$0	$0	$0
FRANK SESTAK	EXECUTIVE BOARD	1.00	Officer	$0	$0	$0
CARLOS MARTINES	TRUSTEE	1.00	Officer	$0	$0	$0
ISAIS ORTIZ	TRUSTEE	1.00	Officer	$0	$0	$0
ENRIQUE MARCIANO	VICE PRESIDENT	1.00	Officer	$250	$0	$250
MICHAEL PALLOTTO	TRUSTEE	1.00	Officer	$0	$0	$0
VINCENT PAPA	SERGEANT AT ARMS	1.00	Officer	$250	$0	$250

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,173,728	$4,471,240	$41,357,074	$702,488
2023	$4,313,989	$4,332,676	$40,998,135	$-18,687
2022	$5,333,952	$4,182,812	$41,010,975	$1,151,140
2021	$5,980,863	$4,367,222	$39,861,766	$1,613,641
2020	$6,077,307	$4,281,975	$38,250,549	$1,795,332
2019	$7,792,366	$4,780,391	$36,443,286	$3,011,975
2018	$8,020,899	$5,007,755	$33,434,783	$3,013,144

INTERNATIONAL ASSN OF BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS