INT'L ASS'N OF IRONWORKERS - LOCAL 709 (EIN 580532479) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

WILLIAM MCMILLAN

Phone

9127485118

Tax Period

2024-07-01 to 2025-06-30

INT'L ASS'N OF IRONWORKERS - LOCAL 709, founded in 1965, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. The organization ran a surplus of $493K, a strong 26% operating margin.

Mission

THE ORGANIZATION REPRESENTS IRONWORKER INTERESTS AT THE LOCAL LEVEL. THIS INTERNATIONAL IRONWORKER AFFILIATE REPRESENTS MEMBERS INTERESTS REGARDING EMPLOYMENT OPPORTUNITIES AND UNION MEMBER RELATIONSHIPS WITH EMPLOYERS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,390,070

Investment Income $458,823

Other Revenue $61,488

TOTAL REVENUE $1,910,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $622,321

Fundraising Expenses $0

Other Expenses $795,386

TOTAL EXPENSES $1,417,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,910,381	$1,835,521	+0.0%
Expenses	$1,417,707	$1,420,553	0.0%
Net Income	$492,674	$414,968	+0.2%

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

Governance

Voting Members

Independent Members

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

$208,535

Total Directors

$296,283

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM MCMILLAN	FIN. SEC/BUS. MANAGER	040.00	Officer Director	$117,303	$0	$117,303
REIS JAMES	VICE PRESIDENT	040.00	Officer Director	$86,716	$0	$86,716
LOVETT SKINNER	EXECUTIVE BOARD	040.00	Director	$86,716	$0	$86,716
SHANNON ANDERSON	RECORDING SECRETARY	004.00	Officer Director	$4,316	$0	$4,316
TYLER FINCH	SERGAENT AT ARMS	002.00	Director	$344	$0	$344
MICHAEL REGISTER	TRUSTEE	002.00	Director	$344	$0	$344
RICHARD POTEET	TRUSTEE	002.00	Director	$344	$0	$344
DERRICK SAMPLE	PRESIDENT	002.00	Officer Director	$200	$0	$200
RANDY ANDERSON	EXECUTIVE BOARD	002.00	Director	$0	$0	$0
VINCENT PERKINS	EXECUTIVE BOARD	002.00	Director	$0	$0	$0
PAUL AMERSON	EXECUTIVE BOARD	002.00	Director	$0	$0	$0
EVERETTE CHRISCO	EXECUTIVE BOARD	002.00	Director	$0	$0	$0
GEORGE MCKENZIE	CONDUCTOR	002.00	Director	$0	$0	$0
LEE MCQUAIG	TRUSTEE	002.00	Director	$0	$0	$0
ROBERT COURSY	TRUSTEE	002.00	Director	$0	$0	$0
BRIAN LOWE	EXAMINING BOARD	002.00	Director	$0	$0	$0
KYLE FINCH	EXAMINING BOARD	002.00	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	$1,910,381	$1,417,707	$11,330,302	$492,674
2024	$1,835,521	$1,420,553	$10,850,811	$414,968
2024	$1,835,521	$1,420,553	$10,850,811	$414,968
2023	$1,943,064	$1,476,426	$10,441,360	$466,638
2022	$2,019,518	$1,566,823	$9,959,420	$452,695
2021	$2,399,138	$1,638,147	$9,792,392	$760,991
2020	$2,813,767	$1,654,327	$8,785,074	$1,159,440
2019	$2,440,583	$1,441,973	$7,622,784	$998,610
2018	$2,563,719	$1,462,133	$6,625,060	$1,101,586

INT'L ASS'N OF IRONWORKERS - LOCAL 709