Boilermakers Lodge 242

EIN: 910268101

Spokane, WA

Total Revenue
$1,082,027
Total Expenses
$1,152,117
Total Assets
$772,050
Net Assets
$770,665
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
WA
Principal Officer
Scott Widdecombe
Phone
5094891891
Tax Period
2024-07-01 to 2025-06-30

Boilermakers Lodge 242, founded in 1960, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

The International Brotherhood of Boilermakers, Iron Shipbuilders, Blacksmiths, Forgers & Helpers, Local Lodge Number 242 (Local 242) is a trade union established to represent individuals working in various employment fields, including the boilermaker and related trades. The union promotes employment of union members, organizes employees, settles grievances, negotiates labor contracts and provides various programs for the benefit of its members.

Program Service Accomplishments

Program 1

Local 242 organizes employees, settles grievances and negotiates labor contracts for the benefit of employees in the boilermaker and related trades.

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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 (2024)

Revenue Breakdown

Contributions & Grants $892,443
Program Service Revenue $168,230
Investment Income $16,984
Other Revenue $4,370
TOTAL REVENUE $1,082,027

Expense Breakdown

Grants Paid $0
Salaries & Benefits $395,732
Fundraising Expenses $0
Other Expenses $756,385
TOTAL EXPENSES $1,152,117

Year-over-Year Comparison

2024 2023 Change
Revenue $1,082,027 $923,218 +0.2%
Expenses $1,152,117 $682,153 +0.7%
Net Income $-70,090 $241,065 -1.3%
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

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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
8
Independent Members
7
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
8
$184,382
Total Directors
8
$184,382
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D Scott Widdicombe Bus Mng/Sec-Treasurer 40.00
Officer Director
$118,253 $66,129 $184,382
Benjamin Robinson President 1.00
Officer Director
$0 $0 $0
Neal Davis Vice President 1.00
Officer Director
$0 $0 $0
Jared Brodahl Recording Secretary 1.00
Officer Director
$0 $0 $0
Dean Flanigan Chair of Trustees 1.00
Officer Director
$0 $0 $0
Carl Case Inspector 1.00
Officer Director
$0 $0 $0
Jack Lawrence Trustee 1.00
Officer Director
$0 $0 $0
Steve Mason Trustee 1.00
Officer 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 $1,082,027 $1,152,117 $772,050 $-70,090
2024 No data No data No data No data
2023 $654,058 $758,216 $599,690 $-104,158
2022 $783,408 $1,106,774 $703,848 $-323,366
2021 $1,036,482 $1,102,161 $1,027,214 $-65,679
2020 $788,226 $1,180,129 $1,092,893 $-391,903
2019 $1,057,543 $1,287,140 $1,484,796 $-229,597
2018 $1,226,328 $1,336,563 $1,714,393 $-110,235
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