INT'L BROTHERHOOD OF BOILERMAKERS IRON SHIP BUILDERS ET AL DISTRICT LODGE NO 3

EIN: 461883139

BESSEMER, AL

Total Revenue
$2,653,304
Total Expenses
$3,073,801
Total Assets
$6,928,706
Net Assets
$6,928,706
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
AL
Principal Officer
JAMES E BARNES JR
Phone
2058205022
Tax Period
2023-07-01 to 2024-06-30

INT'L BROTHERHOOD OF BOILERMAKERS IRON SHIP BUILDERSET AL DISTRICT LODGE NO3, founded in 2013, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2017. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 21% operating margin.

Mission

THE SECUREMENT OF BETTER WORKING CONDITIONS, WAGES, AND BENEFITS THROUGH COLLECTIVELY BARGAINED AGREEMENTS WITH EMPLOYERS AND CONTRACTOR ORGANIZATIONS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,315,420
Program Service Revenue $0
Investment Income $326,328
Other Revenue $11,556
TOTAL REVENUE $2,653,304

Expense Breakdown

Grants Paid $0
Salaries & Benefits $813,442
Fundraising Expenses $0
Other Expenses $2,260,359
TOTAL EXPENSES $3,073,801

Year-over-Year Comparison

2023 2022 Change
Revenue $2,653,304 $2,388,917 +0.1%
Expenses $3,073,801 $2,765,653 +0.1%
Net Income $-420,497 $-376,736 +0.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
7
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
3
$525,420
Total Directors
2
$0
Key Employees
1
$175,106
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEWIS P CHASE TRUSTEE 1.00
Director
$0 $0 $0
DERIN HUNT RECORDING SECRETARY / TRUS 1.00
Director
$0 $0 $0
JAMES BARNES JR DISTRICT BUSINESS MANAGER 45.00
Officer
$172,757 $10,365 $183,122
ROBERT H SIMMONS VICE PRESIDENT 1.00
Officer
$162,520 $9,751 $172,271
JOHNATHON BATES PRESIDENT 1.00
Officer
$160,570 $9,457 $170,027
TIM ROLLINS MANAGER 1.00
Key Emp
$165,697 $9,409 $175,106
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 No data No data No data No data
2024 $2,653,304 $3,073,801 $6,928,706 $-420,497
2023 $2,388,917 $2,765,653 $7,349,469 $-376,736
2022 $3,496,937 $3,308,240 $7,725,841 $188,697
2021 $3,066,497 $2,814,420 $7,691,000 $252,077
2020 $3,012,001 $3,329,089 $7,285,067 $-317,088
2019 $5,617,013 $4,358,735 $7,602,155 $1,258,278
2018 $5,420,967 $4,256,254 $6,343,877 $1,164,713
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