INTL ASSOCIATION OF BRIDGE STRUCTURAL ORNAMENTAL IRONWORKERS LOCAL 58

EIN: 720219814

BATON ROUGE, LA

Total Revenue
$237,211
Total Expenses
$265,251
Total Assets
$413,031
Net Assets
$412,880
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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
1903
Legal Domicile
LA
Principal Officer
JERRY WILSON
Phone
5049436663
Tax Period
2019-07-01 to 2020-06-30

INTL ASSOCIATION OF BRIDGE STRUCTURAL ORNAMENTAL IRONWORKERS LOCAL 58, founded in 1903, is a small nonprofit that reported $237K in total revenue in fiscal year 2019. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $265K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO REPRESENT UNION MEMBERS IN CONTRACT NEGOTIATIONS, DISPUTE HEARINGS ON SAFETY ISSUES, HEALTH CONCERNS AND A VARIETY OF OTHER ECONOMIC, HEALTH AND LABOR ISSUES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $235,066
Investment Income $1,687
Other Revenue $458
TOTAL REVENUE $237,211

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,182
Fundraising Expenses $0
Other Expenses $169,669
TOTAL EXPENSES $265,251

Year-over-Year Comparison

2019 2018 Change
Revenue $237,211 $589,065 -0.6%
Expenses $265,251 $316,548 -0.2%
Net Income $-28,040 $272,517 -1.1%
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

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

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Governance

Voting Members
3
Independent Members
1
Employees
4
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY WILSON Trustee 1.00
Director
$0 $0 $0
ERIC DEAN Trustee 1.00
Director
$0 $0 $0
KENNETH W DEAN 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
2020 $237,211 $265,251 $413,031 $-28,040
2019 $589,065 $316,548 $441,737 $272,517
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