IRONWORKERS LABOR MANAGEMENT COMMITTEE OF CENTRAL INDIANA INC

EIN: 263160280 Education

INDIANAPOLIS, IN

Total Revenue
$779,698
Total Expenses
$84,474
Total Assets
$2,145,938
Net Assets
$2,145,938
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IN
Principal Officer
CODY BATES
Phone
3172438222
Tax Period
2024-07-01 to 2025-06-30

IRONWORKERS LABOR MANAGEMENT COMMITTEE OF CENTRAL INDIANA INC, founded in 2008, is a small nonprofit in the Education sector that reported $780K in total revenue in fiscal year 2024. The organization ran a surplus of $695K, a strong 89% operating margin.

Mission

TO IMPROVE LABOR MANAGEMENT RELATIONS, IMPROVING JOB SECURITY, ENHANCING ECONOMIC DEVELOPMENT, AND IMPROVING COMMUNICATION WITH RESPECT TO SUBJECTS OF MUTUAL INTEREST AND CONCERN.

Program Service Accomplishments

Program 1

IMPROVING THE BUSINESS CONDITIONS OF THE IRONWORKERS UNION CONSTRUCTION INDUSTRY IN CENTRAL INDIANA THROUGH, AMONG OTHER THINGS, ESTABLISHMENT AND MAINTENANCE OF A MARKET RECOVERY TARGET FUND, WHICH...

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IMPROVING THE BUSINESS CONDITIONS OF THE IRONWORKERS UNION CONSTRUCTION INDUSTRY IN CENTRAL INDIANA THROUGH, AMONG OTHER THINGS, ESTABLISHMENT AND MAINTENANCE OF A MARKET RECOVERY TARGET FUND, WHICH IS USED TO ASSIST UNION CONTRACTORS AND THEIR WORKERS IN MAINTAINING EMPLOYMENT. THIS ACTIVITY WAS FIRST UNDERTAKEN FOLLOWING INCORPORATION IN OCTOBER OF 2008, AND FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY PROMOTING THE IRONWORKER UNION CONSTRUCTION INDUSTRY.

Program 2

TO PROMOTE THE IRONWORKERS UNION CONSTRUCTION INDUSTRY AND EDUCATE THE PUBLIC REGARDING THE INDUSTRY THROUGH INFORMATIONAL AND ADVERTISEMENT CAMPAIGNS. THIS ACTIVITY WAS FIRST UNDERTAKEN IN OCTOBER...

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TO PROMOTE THE IRONWORKERS UNION CONSTRUCTION INDUSTRY AND EDUCATE THE PUBLIC REGARDING THE INDUSTRY THROUGH INFORMATIONAL AND ADVERTISEMENT CAMPAIGNS. THIS ACTIVITY WAS FIRST UNDERTAKEN IN OCTOBER 2008, FOLLOWING INCORPORATION, AND FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY PROMOTING THE IRONWORKER CONSTRUCTION INDUSTRY THROUGH EDUCATION OF THE PUBLIC.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $779,698
Investment Income $0
Other Revenue $0
TOTAL REVENUE $779,698

Expense Breakdown

Grants Paid $55,485
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $28,989
TOTAL EXPENSES $84,474

Year-over-Year Comparison

2024 2023 Change
Revenue $779,698 $750,126 +0.0%
Expenses $84,474 $386,875 -0.8%
Net Income $695,224 $363,251 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN WHITAKER UNION TRUSTEE 1.00
Director
$0 $0 $0
CODY BATES UNION TRUSTEE 1.00
Director
$0 $0 $0
TIM KLEPPER UNION TRUSTEE 1.00
Director
$0 $0 $0
WILL ERWIN CONTRACTOR TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM HARMON CONTRACTOR TRUSTEE 1.00
Director
$0 $0 $0
SCOTT BULLERDICK CONTRACTOR TRUSTEE 1.00
Director
$0 $0 $0
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
2025 $779,698 $84,474 $2,145,938 $695,224
2024 $750,126 $386,875 $1,450,714 $363,251
2023 $507,426 $288,778 $1,087,463 $218,648
2022 $481,237 $760,037 $868,815 $-278,800
2021 $441,791 $674,670 $1,147,615 $-232,879
2020 $524,083 $577,509 $1,380,494 $-53,426
2019 $475,868 $196,943 $1,433,920 $278,925
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