International Brotherhood Of Boilermakers Local 363

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 370184500 ✦ Belleville, IL ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Boilermakers Local 363?

The International Brotherhood of Boilermakers Local 363 is a nonprofit organization based in Belleville, Illinois, devoted to the moral, economic, and social advancement of its members. Led by William M Mulconnery, the local negotiates collective bargaining agreements with employers on behalf of its workers, advocating for their welfare. Established with a purpose to promote unity and improve working conditions, the Lodge is exempt from federal income tax and is affiliated with the International Brotherhood of Boilermakers. By qualifying under Section 501 (C) (5) of the Internal Revenue Code, it is not subject to tax under present income tax laws.

Is International Brotherhood Of Boilermakers Local 363 legitimate?

International Brotherhood Of Boilermakers Local #363 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Boilermakers Local #363 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $706,630

For more financial information, click here

What is the mission statement of International Brotherhood Of Boilermakers Local 363?

The International Brotherhood of Boilermakers Local 363 is committed to organizing workers for their moral, economic, and social advancement. To achieve this goal, the local's officers and business agents negotiate collective bargaining agreements with employers on behalf of their membership. The local operates as a not-for-profit organization and is exempt from federal income tax. It is affiliated with the International Brotherhood of Boilermakers and is covered under a group exemption filed by the international. The Internal Revenue Service has classified the local under Section 501 (C) (5) of the Internal Revenue Code, making it exempt from tax under current income tax laws.

Who is the CEO of International Brotherhood Of Boilermakers Local 363?

William M Mulconnery is the Business Manager of International Brotherhood Of Boilermakers Local #363.

What is the revenue of International Brotherhood Of Boilermakers Local 363?

International Brotherhood Of Boilermakers Local 363's revenue in 2023 was $2,636,786.

Who are the executives of International Brotherhood Of Boilermakers Local 363 and what are their salaries?

The average compensation at International Brotherhood Of Boilermakers Local 363 during 2023 was $54,356. There are 13 employees at International Brotherhood Of Boilermakers Local 363.


Here are 8 key members and their salaries:


William M Mulconnery (Business Manager)
  • Compensation: $138,883
  • Related: $0
  • Other: $118,289
Brian Cutsinger (President)
  • Compensation: $131,425
  • Related: $0
  • Other: $117,173
Chad Verble (Vice President)
  • Compensation: $131,344
  • Related: $0
  • Other: $84,083
Paul Underhill (Secretary)
  • Compensation: $127,270
  • Related: $0
  • Other: $84,083
Josh Raterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Dinan (Trustee)
  • Compensation: $23,416
  • Related: $0
  • Other: $18,849
Jim Irwin (Trustee)
  • Compensation: $38,064
  • Related: $0
  • Other: $30,057
Jermon Tillmon (Inspector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for International Brotherhood Of Boilermakers Local 363?

International Brotherhood Of Boilermakers Local 363's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of International Brotherhood Of Boilermakers Local 363

The International Brotherhood of Boilermakers Local 363 is committed to organizing and advancing the moral, economic, and social well-being of all its members. To accomplish this objective, the local's officers and business agents engage in collective bargaining negotiations with employers on behalf of their membership. As a not-for-profit organization, the local is exempt from federal income tax and holds a group exemption number, GEN 1252, dated July 13, 1954. The International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers, and Helpers, of which Local 363 is an affiliate, has also extended its group exemption to this local. The Internal Revenue Service has recognized Local 363 as a 501(c)(5) organization, exempt from taxation under current income tax laws. In essence, the International Brotherhood of Boilermakers Local 363 serves to promote the betterment of its members by negotiating beneficial agreements with employers.

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Impact




October, 2024

International Brotherhood of Boilermakers Local 363 plays a crucial role in advocating for the rights and welfare of its members in the labor force. By organizing workers, the Local empowers individuals to collectively pursue their moral, economic, and social advancement. This organization facilitates the negotiation of collective bargaining agreements, ensuring that members receive fair wages, benefits, and safe working conditions.

Under the leadership of its officers and business agents, Local 363 actively engages with employers to establish agreements that reflect the needs and rights of the workforce. These negotiations not only enhance job security for members but also contribute to a more equitable labor environment. The Lodge serves as a vital support network, fostering solidarity among workers and promoting their interests within the industrial sector.

Based in Belleville, Illinois, Local 363 operates with a focus on community and worker engagement, helping to elevate the standards of employment in the regions it serves. Through its efforts, the organization significantly impacts the labor landscape, driving improvements that resonate beyond its membership to benefit the broader workforce.




This information is meant to be a general summary of International Brotherhood Of Boilermakers Local 363. 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.

Revenue
$2,636,786 (2023)
Expenses
$2,561,984 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $231,420
  • Program Service Revenue: $2,330,837
  • Gross Receipts: $3,331,405

Assets and Liabilities:

  • Total Assets: $10,823,328
  • Total Liabilities: $219,259
  • Net Assets: $10,604,069

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES & ASSE

Revenue

$2,077,853

APPRENTICESHIP TRAININ

Revenue

$159,301

TRAINING/EDUCATION FUN

Revenue

$77,775

OTHER REIMBURSEMENTS

Revenue

$15,908

Organization Details

Founding Year

1954

Principal Officer

William M Mulconnery

Main Address

2358 MASCOUTAH AVENUE, BELLEVILLE, IL, 62220

NTEE Category

Code: J40 - Employment

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