INTERNATIONAL ASSOC OF BRIDGE STRUCTURAL & ORN IRONWOKERS LOCAL 509

EIN: 950737682

WHITTIER, CA

Total Revenue
$426,868
Total Expenses
$417,885
Total Assets
N/A
Net Assets
N/A
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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
1937
Legal Domicile
CA
Principal Officer
JONATHAN PARAMO
Phone
5626321036
Tax Period
2022-07-01 to 2023-06-30

INTERNATIONAL ASSOC OF BRIDGE STRUCTURAL & ORN IRONWOKERS LOCAL 509, founded in 1937, is a small nonprofit that reported $427K in total revenue in fiscal year 2022.

Mission

TO SUPPORT UNION MEMBERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $388,840
Program Service Revenue $38,028
Investment Income $0
Other Revenue $0
TOTAL REVENUE $426,868

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,612
Fundraising Expenses $0
Program Expenses $396,406
Other Expenses $241,273
TOTAL EXPENSES $417,885

Year-over-Year Comparison

2022 2021 Change
Revenue $426,868 $427,809 0.0%
Expenses $417,885 $416,370 +0.0%
Net Income $8,983 $11,439 -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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN PARAMO ADMINISTRATOR 40.00
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
2023 $426,868 $417,885 No data $8,983
2022 $427,809 $416,370 $411,551 $11,439
2021 $460,841 $423,948 $379,850 $36,893
2020 $449,783 $418,981 $304,292 $30,802
2019 $391,095 $384,245 $273,376 $6,850
2018 $403,493 $341,451 $268,487 $62,042
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