Iron Workers Local 86

EIN: 910267915

Tukwila, WA

Total Revenue
$4,176,486
Total Expenses
$4,368,107
Total Assets
$6,065,361
Net Assets
$6,047,295
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1904
Legal Domicile
WA
Principal Officer
Robert Korth Jr
Phone
2062484246
Tax Period
2023-07-01 to 2024-06-30

Iron Workers Local 86, founded in 1904, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

The Local Union's mission is to organize and educate workers so that they have a voice in the workplace and know their workplace rights;involve workers in the political process and to negotiate with employers so that each worker is treated with dignity, justice and respect.

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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 $1,700
Program Service Revenue $4,066,474
Investment Income $108,312
Other Revenue $0
TOTAL REVENUE $4,176,486

Expense Breakdown

Grants Paid $11,875
Salaries & Benefits $2,334,181
Fundraising Expenses $0
Other Expenses $1,963,301
TOTAL EXPENSES $4,368,107

Year-over-Year Comparison

2023 2022 Change
Revenue $4,176,486 $5,106,997 -0.2%
Expenses $4,368,107 $4,586,528 0.0%
Net Income $-191,621 $520,469 -1.4%
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
9
Independent Members
8
Employees
11
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
6
$496,545
Total Directors
14
$233,825
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Korth Jr Fin Secre-Treas 40.00
Officer
$162,304 $100,416 $262,720
Heather Kurtenbach Bus Agent/Organizr 40.00
$141,342 $92,973 $234,315
Edward Jezek Jr Bus Agent/Organizr 40.00
$141,062 $92,973 $234,035
Bryan Johnson President 40.00
Officer Director
$140,852 $92,973 $233,825
Derek Patches Bus Agent/Dispatch 40.00
$139,762 $92,187 $231,949
Christopher Watrobka Bus Agent/Dispatch 40.00
$140,562 $90,800 $231,362
Armando Sanchez Bus Agent/Dispatch 40.00
$140,372 $90,128 $230,500
Anthony Taylor Past Trst/SgArm 1.00
Director
$0 $0 $0
Chad Lyon Past Exec Board 1.00
Director
$0 $0 $0
Donald Blackburn Past Trustee 1.00
Director
$0 $0 $0
Scott Held Executive Board 1.00
Director
$0 $0 $0
Jose Flores Past Exec Board 1.00
Director
$0 $0 $0
Nathan Wojtaszczyk Trustee 1.00
Director
$0 $0 $0
Don Devoe Past Exec Board 1.00
Director
$0 $0 $0
Neil Hackman Executive Board 1.00
Director
$0 $0 $0
Kenneth Gilliam Trustee 1.00
Director
$0 $0 $0
Eric Lewis Trustee 1.00
Director
$0 $0 $0
Curtis Paulsen Executive Board 1.00
Director
$0 $0 $0
Bret Ioimo Executive Board 1.00
Director
$0 $0 $0
Kevin Maile Executive Board 1.00
Director
$0 $0 $0
Yvonne Harry Recording Secre 1.00
Officer
$0 $0 $0
Joe McClain Past Record Sec 1.00
Officer
$0 $0 $0
Christopher Allen Vice President 1.00
Officer
$0 $0 $0
Richard Wesselius Sergeant at Arm 1.00
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 $4,176,486 $4,368,107 $6,065,361 $-191,621
2023 $5,106,997 $4,586,528 $6,254,586 $520,469
2022 $5,200,923 $4,303,375 $5,722,685 $897,548
2021 $4,989,970 $4,245,349 $5,194,982 $744,621
2020 $4,211,124 $3,906,824 $4,085,768 $304,300
2019 $4,551,236 $3,898,253 $3,788,239 $652,983
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