Overview
What is Iron Workers Local Union 401?
Iron Workers Local Union 401 is a local chapter belonging to the International Association of Bridge, Structural, Ornamental, and Reinforcing Ironworkers. This union, based in an undisclosed location, is affiliated with prominent labor organizations such as the AFL-CIO and the Philadelphia Building and Construction Trades Council. The primary focus of Iron Workers Local Union 401 is the placement and training of its members, ensuring they are well-equipped for their roles in construction projects. The union's mission reflects its commitment to the ironworking industry, providing a vital service to its members while maintaining ties to larger labor organizations.
Is Iron Workers Local Union 401 legitimate?
Iron Workers Local Union 401 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Iron Workers Local Union 401 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $640,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,735
For more financial information, click here
What is the mission statement of Iron Workers Local Union 401?
Iron Workers Local Union 401, as part of the International Association of Bridge, Structural, Ornamental, and Reinforcing Ironworkers, focuses on the placement and training of its members. This local union is affiliated with both the AFL-CIO and the Philadelphia Building and Construction Trades Council, indicating its commitment to collective labor rights and industry standards. By providing training opportunities, the union empowers its members to excel in their respective roles within the construction industry, ensuring a skilled workforce and contributing to the successful completion of various projects.
Who is the CEO of Iron Workers Local Union 401?
Michael Mcgrogan is the President of Iron Workers Local Union 401.
What is the revenue of Iron Workers Local Union 401?
Iron Workers Local Union 401's revenue in 2022 was $3,112,285.
Who are the executives of Iron Workers Local Union 401 and what are their salaries?
The average compensation at Iron Workers Local Union 401 during 2022 was $37,703. There are 25 employees at Iron Workers Local Union 401.
Here are 19 key members and their salaries:
- Compensation: $160,662
- Related: $0
- Other: $133,089
- Compensation: $5,687
- Related: $0
- Other: $3,790
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $58,980
- Related: $0
- Other: $0
- Compensation: $149,212
- Related: $0
- Other: $133,089
- Compensation: $148,912
- Related: $0
- Other: $133,089
- Compensation: $3,800
- Related: $0
- Other: $0
- Compensation: $2,844
- Related: $0
- Other: $1,895
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $127,958
- Related: $0
- Other: $113,852
Where can I find the form 990 for Iron Workers Local Union 401?
Iron Workers Local Union 401's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iron Workers Local Union 401
Iron Workers Local Union 401, as a chapter of the International Association of Bridge, Structural, Ornamental, and Reinforcing Ironworkers, is committed to the placement and training of its members. This union is an integral part of the larger organizations, the AFL-CIO and the Philadelphia Building and Construction Trades Council. Their mission is to provide opportunities and skills development for individuals who are part of the union, enabling them to excel in the field of ironworking. By doing so, Iron Workers Local Union 401 contributes to the growth and success of its members, thereby strengthening the ironworking industry as a whole.
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Impact
October, 2024
Iron Workers Local Union 401 plays a significant role in the workforce development and economic stability of Philadelphia. By providing training and job placement services for its members, the union ensures that individuals are equipped with the necessary skills to excel in the ironworking trade. This training not only enhances the employability of workers but also contributes to the overall quality and safety of construction projects in the region.
The union is a vital chapter of the International Association of Bridge, Structural, Ornamental, and Reinforcing Ironworkers, which connects its members to a broader network of professionals. This affiliation with the AFL-CIO and the Philadelphia Building and Construction Trades Council strengthens their bargaining power, leading to better wages and benefits for workers.
Moreover, Iron Workers Local Union 401 fosters community development by promoting good job practices and ethical labor standards, ultimately benefiting the local economy. The emphasis on skilled labor helps to maintain high standards within the construction industry, ensuring that infrastructure projects are safely and effectively completed. Through their dedicated efforts, Iron Workers Local Union 401 not only empowers individuals but also contributes to the prosperity of the entire region.
This information is meant to be a general summary of Iron Workers Local Union 401. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,266
- Program Service Revenue: $2,642,798
- Gross Receipts: $3,198,131
Assets and Liabilities:
- Total Assets: $10,180,839
- Total Liabilities: $124,566
- Net Assets: $10,056,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$2,620,527
Bridgemen's Hall
Revenue
$22,271
Organization Details
Founding Year
1900
Phone
(215) 676-3000Principal Officer
Michael Mcgrogan
Main Address
11600 NORCOM ROAD, PHILADELPHIA, PA, 19154
NTEE Category
Code: J40 - Employment
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