Iron Workers District Council of Texas and the Mid-South States

EIN: 741536807 Employment

Grapevine, TX

Total Revenue
$581,509
Total Expenses
$431,326
Total Assets
$1,232,408
Net Assets
$1,225,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
TX
Principal Officer
Jerry Wilson
Phone
8175276378
Tax Period
2023-07-01 to 2024-06-30

Iron Workers District Council of Texas and the Mid-South States, founded in 1952, is a small nonprofit in the Employment sector that reported $582K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $150K, a strong 26% operating margin.

Mission

The objectives of this District Council are to create a harmonious feeling between the Local Unions and to settle all differences arising between them to promote apprentice training, to create higher standard of skill to secure adequate compensation for our work, to cultiveate better relations between this Council and the employers, to assit our members to secure employment and to protect our members by legal and proper methods against any injustice that may be done to them, to improve the moral and intellectual condistions of the members and establish uniform agreements for the betterment of our relations with the employers coming under jurisdiction of the various Local Unions affiliated with this Council.

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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 $555,421
Investment Income $26,088
Other Revenue $0
TOTAL REVENUE $581,509

Expense Breakdown

Grants Paid $0
Salaries & Benefits $213,920
Fundraising Expenses $0
Program Expenses $89,022
Other Expenses $167,241
TOTAL EXPENSES $431,326

Year-over-Year Comparison

2023 2022 Change
Revenue $581,509 $491,017 +0.2%
Expenses $431,326 $481,837 -0.1%
Net Income $150,183 $9,180 +15.4%
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
31
Independent Members
30
Employees
N/A
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
16
$0
Total Directors
5
$0
Key Employees
2
$121,260
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Veronica Knight OFFICE MANAGER 040.00
Key Emp
$66,300 $0 $66,300
Manuel Muniz International Rep 040.00
Key Emp
$54,960 $0 $54,960
JERROD STRANGE CONDUCTOR/TRUSTEE 002.00
Officer Director
$0 $0 $0
JERRY WILSON President/E-Board 040.00
Officer Director
$0 $0 $0
ROBERT ESPARZA 1st VP, TRUSTEE / EX BD 002.00
Officer Director
$0 $0 $0
WILLIE WRIGHT TRUSTEE 002.00
Officer Director
$0 $0 $0
Jeff Steele 3rd VP/ Ex BD 002.00
Officer Director
$0 $0 $0
MARVIN RAGSDALE President Emeritus 002.00
Officer
$0 $0 $0
ROBIN DRAKE 2nd VP/Recording Sec, E-Board 002.00
Officer
$0 $0 $0
JAMES MARTIN PRESIDENT EMERITUS 002.00
Officer
$0 $0 $0
JASON PUCKETT SGT. AT ARMS, EX BD, Trustee 002.00
Officer
$0 $0 $0
MICHAEL RICHARDS 2nd VP, EX BOARD 002.00
Officer
$0 $0 $0
ERIC FRYAR Rec Sec/Trustee EX BD 002.00
Officer
$0 $0 $0
MARK FRITTS FS/T/ E-BOARD 002.00
Officer
$0 $0 $0
Luke Waggenspack Trustee/Ex Bd 040.00
Officer
$0 $0 $0
Charles Schneider Ex Board 040.00
Officer
$0 $0 $0
Lovis Moomey Ex Committee 040.00
Officer
$0 $0 $0
Eric Lemley Ex Committee 040.00
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 $581,509 $431,326 $1,232,408 $150,183
2023 $491,017 $481,837 $1,080,561 $9,180
2022 $458,994 $544,066 $1,069,620 $-85,072
2021 $516,704 $420,245 $1,150,847 $96,459
2020 $686,390 $652,290 $1,058,005 $34,100
2019 $674,803 $680,613 $1,020,906 $-5,810
2018 $487,431 $471,000 $1,026,713 $16,431
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