Overview
What is International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498?
International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498 is a nonprofit organization based in Rockford, Illinois, with a membership of 345 individuals associated with the union. Their primary mission is to promote the economic, moral, and social advancement of their members. This involves organizing their members to collectively advocate for their interests and well-being. The organization, with a modest workforce of four employees, is committed to supporting its members in their professional pursuits within the bridgestructural, ornamental, and reinforcing iron work sectors.
Is International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498 legitimate?
International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498 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: $640,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,336
For more financial information, click here
What is the mission statement of International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498?
The International Assoc of Bridgestructural Ornamental & Reinforcing Iron Workers 498 is established with a mission to advance the economic, moral, and social well-being of its 345 members. This association aims to organize its members to collectively enhance their livelihoods, providing a supportive platform for their overall betterment. The primary objective is to foster a sense of unity and collectiveness among the members, thereby promoting their collective growth and development.
What is the revenue of International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498?
International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498's revenue in 2024 was $1,550,371.
Who are the executives of International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498 and what are their salaries?
The average compensation at International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498 during 2024 was $78,408. There are 9 employees at International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498.
Here are 15 key members and their salaries:
- Compensation: $113,238
- Related: $0
- Other: $124,277
- Compensation: $132,842
- Related: $0
- Other: $133,290
- Compensation: $113,443
- Related: $0
- Other: $68,123
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $169
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,781
- Related: $0
- Other: $1,539
- Compensation: $169
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,015
- Related: $0
- Other: $814
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498?
International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498
The International Association of Bridgestructural, Ornamental, and Reinforcing Iron Workers 498 is committed to promoting the economic, moral, and social advancement of its 345 members. This organization, often referred to as the International Assoc of Bridgestructural Ornamental & Reinforcing Iron Workers 498, strives to enhance the well-being of its members in various aspects of their lives. The union's mission is to provide a platform for its members to grow and thrive, ensuring their economic stability, fostering a sense of community, and encouraging personal development.
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Impact
October, 2024
The International Association of Bridge, Structural, Ornamental & Reinforcing Iron Workers Local 498 plays a pivotal role in enhancing the lives of its 345 members in Rockford, Illinois. By organizing members, the union focuses on their economic, moral, and social advancement, fostering a strong community among workers in the iron industry.
Through collective bargaining and advocacy, the union secures better wages, benefits, and working conditions, significantly impacting the livelihood and overall well-being of its members. Beyond economic benefits, the union promotes professional development and skill enhancement, ensuring that members remain competitive in the evolving job market.
The union also serves as a support network, addressing members' social and moral concerns, which strengthens community ties and fosters a sense of belonging. Overall, Local 498's commitment to organizing and empowerment plays a crucial role in creating a more equitable and supportive environment for iron workers in the region.
This information is meant to be a general summary of International Assoc Of Bridgestructural Ornamental &Reinforcing Iron Workers 498. 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 2024.
- Investment Income: $19,570
- Program Service Revenue: $1,241,224
- Gross Receipts: $1,550,371
Assets and Liabilities:
- Total Assets: $1,538,734
- Total Liabilities: $270,239
- Net Assets: $1,268,495
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND AS
Revenue
$1,184,444
RENT FROM EXEMPT ORG
Revenue
$56,780
Organization Details
Founding Year
1936
Principal Officer
Mark Richeson
NTEE Category
Code: J03 - Employment
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