INTERNATIONAL ASSOC OF BRIDGE STRUCTURAL & ORNAMENTAL IRONWORKERS

EIN: 550241628

WHEELING, WV

Total Revenue
$1,645,224
Total Expenses
$1,321,937
Total Assets
$4,453,353
Net Assets
$4,270,833
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
WV
Principal Officer
KEVIN COULTER
Phone
3042322660
Tax Period
2023-07-01 to 2024-06-30

INTERNATIONAL ASSOC OF BRIDGE STRUCTURAL & ORNAMENTAL IRONWORKERS, founded in 1937, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $323K, a strong 20% operating margin.

Mission

TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF ITS MEMBERS AND THEIR FAMILIES; TO SECURE ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES OF EMPLOYMENT; TO ENCOURAGE ITS MEMBERS TO VOTE IN THE INTEREST OF OBTAINING HIGHER STANDARDS OF CITIZENSHIP; AND TO SECURE ADEQUATE LEGISLATION WHICH WILL SAFEGUARD AND PROMOTE PRINCIPLES OF FREE COLLECTIVE BARGAINING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,248,600
Investment Income $377,264
Other Revenue $19,360
TOTAL REVENUE $1,645,224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $631,361
Fundraising Expenses $0
Other Expenses $690,576
TOTAL EXPENSES $1,321,937

Year-over-Year Comparison

2023 2022 Change
Revenue $1,645,224 $1,129,316 +0.5%
Expenses $1,321,937 $1,162,153 +0.1%
Net Income $323,287 $-32,837 -10.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
8
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
5
$433,835
Total Directors
5
$5,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN COULTER BUSINESS MGT 50.00
Officer
$131,562 $90,538 $222,100
KELLY DIERKES BUSINESS AGE 50.00
Officer
$122,135 $89,600 $211,735
KENNY SMIGLE BUS. AGENT/E 2.00
Director
$3,244 $1,806 $5,050
SCOTT ALLEMAN TRUSTEE 2.00
$1,070 $463 $1,533
MATT TOMSHACK EXAMINING BO 2.00
$415 $248 $663
TRAVIS HOLMES EXECUTIVE BO 2.00
Director
$0 $0 $0
DOUGLAS LEE EXECUTIVE BO 2.00
Director
$0 $0 $0
BRIAN SCOTT EXECUTIVE BO 2.00
Director
$0 $0 $0
MATTHEW WHITE EXECUTIVE BO 2.00
Director
$0 $0 $0
DAKOTA DUNN CONDUCTOR/E- 2.00
$0 $0 $0
JOSH FOSTER TRUSTEE 2.00
$0 $0 $0
JOHN LEONARD TRUSTEE 2.00
$0 $0 $0
JOHN WISE EXAMINING BO 2.00
$0 $0 $0
PATRICK HOMAN SERGEANT AT 2.00
Officer
$0 $0 $0
RON PRICE VICE PRESIDE 2.00
Officer
$0 $0 $0
BEN STRIMEL RECORDING SE 2.00
Officer
$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 No data No data No data No data
2024 $1,645,224 $1,321,937 $4,453,353 $323,287
2023 $1,129,316 $1,162,153 $4,146,386 $-32,837
2022 $1,331,577 $1,221,791 $3,980,474 $109,786
2021 $2,069,491 $1,530,649 $4,317,400 $538,842
2020 $1,824,437 $1,410,837 $3,470,127 $413,600
2019 $1,663,983 $1,457,024 $3,040,682 $206,959
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