Civic Intelligence

Architectural Ironworkers Industry Advancement Fund

990 • Fiscal year 2024 • EIN 36-6761938

Jun 01, 2023 to May 31, 2024 • Filed on Oct 04, 2024

360 E Randolph St 301Chicago, IL 60601

(773) 442-8330

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-6.4%

Faster asset growth than 34% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$452,214

Down $31,098 (-6.4%) from 2023

Net Assets

Down

$452,214

Down $31,098 (-6.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$141,003

Up $35,507 (+34%) from 2023

Expenses

Up

$196,614

Up $54,387 (+38%) from 2023

Net Income

Down

-$55,611

Down $18,880 (-51%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2012: $420,139Net Assets 2012: $420,1392012Assets 2013: $460,087Liabilities 2013: $6,021Net Assets 2013: $454,0662013Assets 2014: $510,101Liabilities 2014: $15,071Net Assets 2014: $495,0302014Assets 2015: $498,524Liabilities 2015: $3,179Net Assets 2015: $495,3452015Assets 2016: $522,282Liabilities 2016: $4,353Net Assets 2016: $517,9292016Assets 2017: $583,417Liabilities 2017: $7,479Net Assets 2017: $575,9382017Assets 2018: $585,105Liabilities 2018: $5,488Net Assets 2018: $579,6172018Assets 2019: $534,056Liabilities 2019: $0Net Assets 2019: $534,0562019Assets 2020: $552,434Liabilities 2020: $12,034Net Assets 2020: $540,4002020Assets 2022: $529,640Liabilities 2022: $0Net Assets 2022: $529,6402022Assets 2023: $483,312Liabilities 2023: $0Net Assets 2023: $483,3122023Assets 2024: $452,214Liabilities 2024: $0Net Assets 2024: $452,2142024Assets 2025: $416,067Liabilities 2025: $0Net Assets 2025: $416,0672025

Highlighted filing

2024

Assets$452,214
Liabilities$0
Net Assets$452,214

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2012: $66,874Expenses 2012: $70,620Net Income 2012: -$3,7462012Revenue 2013: $80,781Expenses 2013: $76,680Net Income 2013: $4,1012013Revenue 2014: $101,298Expenses 2014: $90,032Net Income 2014: $11,2662014Revenue 2015: $102,076Expenses 2015: $122,156Net Income 2015: -$20,0802015Revenue 2016: $122,891Expenses 2016: $99,343Net Income 2016: $23,5482016Revenue 2017: $176,944Expenses 2017: $118,935Net Income 2017: $58,0092017Revenue 2018: $157,418Expenses 2018: $157,564Net Income 2018: -$1462018Revenue 2019: $156,596Expenses 2019: $182,655Net Income 2019: -$26,0592019Revenue 2020: $160,075Expenses 2020: $181,816Net Income 2020: -$21,7412020Revenue 2022: $135,266Expenses 2022: $148,757Net Income 2022: -$13,4912022Revenue 2023: $105,496Expenses 2023: $142,227Net Income 2023: -$36,7312023Revenue 2024: $141,003Expenses 2024: $196,614Net Income 2024: -$55,6112024Revenue 2025: $120,320Expenses 2025: $165,834Net Income 2025: -$45,5142025

Highlighted filing

2024

Revenue$141,003
Expenses$196,614
Net Income-$55,611
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Oct 4, 2024
Return Version
2023v5.1
Gross Receipts
$335,775
Mission and Program Overview

Mission

The architectural iron industry advancement trust fund is a trust fund set up between the union (ironworkers local 63) and the iron league of chicago to promote the architectural and ornamental iron industry and enhance the quality of work performed under the agreement between local 63 and the iron league.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$446,969$423,135▼ $23,834
Cash and Non-Interest-Bearing Accounts$36,343$28,079▼ $8,264
Prepaid Expenses and Deferred Charges-$1,000-
Total Assets$483,312$452,214▼ $31,098
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$483,312$452,214▼ $31,098
Total Net Assets Fund Balance$483,312$452,214▼ $31,098
Total Liabilities and Net Assets / Fund Balance$483,312$452,214▼ $31,098
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian WasielewskiPresident
Mark KleinschmidtVice President
Craig CwikDirector
Jamaal WillisDirector
Lou BelletiniDirector
Max DowdDirector
Jason ChipulesSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$91,562
Investment Income
$32,580
Other Revenue
$16,861
Change in Net Assets
$-55,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,034
Grants and Similar Amounts Paid$69,580
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals---$47,000
Fees for Services Management---$34,800
Grants to Domestic Orgs---$22,580
Fees for Service Investment Mgmnt Fees---$5,863
Other Expenses---$5,800
All Other Expenses---$4,155
Fees for Services Accounting---$3,570
Insurance---$1,564
Office Expenses---$234
Fees for Services Legal---$174
Total Functional Expenses$0$0$0$196,614
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hire360 ChicagoChicago, IL501c3To Help Provide Industry Opportunities for Disadvantaged People$10,000
Chicago Women in TradesChicago, IL501c3To Help Support and Train Women Who Want to Go Into the Trades$5,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The board has delegated the daily activities to the executive director.

Form 990, Part VI, Section A, Line 7A

Board members elect the board of industry advancement trust fund, all revenues of the industry fund as "membership dues" are actually iron industry member firm contributions per hour under the terms of the collective bargaining agreement established between the ironworkers local #63 and the iron league of chicago.

Form 990, Part VI, Section A, Line 7B

Board members must approve of any governance decisions.

Form 990, Part VI, Section B, Line 11B

The board of directors review the form 990 prior to filing the return.

Form 990, Part VI, Section B, Line 12C

Annual statement is signed by each board member regarding compliance with the written conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The board of directors formally reviews budgeted expense against actual operating results as well as performance review in determining current compensation. The board of directors approves the compensation of the organization's officers and key employees.

Form 990, Part VI, Section C, Line 19

The board provides documentation upon request.

Filing and Contact Details

Filer

Filer Name
Architectural Ironworkers Industry
EIN
36-6761938
Phone
7734428330
Address
360 E RANDOLPH ST 301, CHICAGO, IL 60601

Signing Officer

Name
Brian Wasielewski
Title
President
Phone
7734428330
Signed
2024-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Wasielewski
Formed
1934
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Porte Brown LLC
Address
1752 CAPITAL ST SUITE 400, ELGIN, IL 60124
Preparer
Gabe Grzeskiewicz
Phone
8476951775
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIP TO PROMOTE THE ARCHITECTURAL & ORNAMENTAL IRON INDUSTRY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1COLLEGE SCHOLARSHIP TO PROMOTE THE ARCHITECTURAL & ORNAMENTAL IRON INDUSTRY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2COLLEGE SCHOLARSHIP TO PROMOTE THE ARCHITECTURAL & ORNAMENTAL IRON INDUSTRY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3COLLEGE SCHOLARSHIP TO PROMOTE THE ARCHITECTURAL & ORNAMENTAL IRON INDUSTRY
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO HELP SUPPORT AND TRAIN WOMEN WHO WANT TO GO INTO THE TRADES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HIRE360 CHICAGO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CHICAGO WOMEN IN TRADES
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD HAS DELEGATED THE DAILY ACTIVITIES TO THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ELECT THE BOARD OF INDUSTRY ADVANCEMENT TRUST FUND, ALL REVENUES OF THE INDUSTRY FUND AS "MEMBERSHIP DUES" ARE ACTUALLY IRON INDUSTRY MEMBER FIRM CONTRIBUTIONS PER HOUR UNDER THE TERMS OF THE COLLECTIVE BARGAINING AGREEMENT ESTABLISHED BETWEEN THE IRONWORKERS LOCAL #63 AND THE IRON LEAGUE OF CHICAGO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS MUST APPROVE OF ANY GOVERNANCE DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL STATEMENT IS SIGNED BY EACH BOARD MEMBER REGARDING COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS FORMALLY REVIEWS BUDGETED EXPENSE AGAINST ACTUAL OPERATING RESULTS AS WELL AS PERFORMANCE REVIEW IN DETERMINING CURRENT COMPENSATION. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD PROVIDES DOCUMENTATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IRON LEAGUE OF CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362262575
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTE INTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0360 E RANDOLPH STREET 301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060601
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0483312
IRS990/TotalAssetsEOYAmt0452214
IRS990/TotalAssetsGrp/BOYAmt0483312
IRS990/TotalAssetsGrp/EOYAmt0452214
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0196614
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0483312
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0452214
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt091562
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032580
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0108423
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0141003
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0483312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0452214
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0360 E RANDOLPH ST 301
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN WASIELEWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07734428330
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARCHITECTURAL IRONWORKERS INDUSTRY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ADVANCEMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0ARCH
ReturnHeader/Filer/EIN0366761938
ReturnHeader/Filer/PhoneNum07734428330
ReturnHeader/Filer/USAddress/AddressLine1Txt0360 E RANDOLPH ST 301
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362663358
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PORTE BROWN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01752 CAPITAL ST SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELGIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060124
ReturnHeader/PreparerPersonGrp/PhoneNum08476951775
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GABE GRZESKIEWICZ
ReturnHeader/ReturnTs02024-10-10T11:23:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-06-01
ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.00$4.16$1.20$1.66$0.46
2024Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$1.41$1.97$0.56
2023Detailed filing. Detailed filing data is available for this year.$4.83$0.00$4.83$1.05$1.42$0.37
2022Detailed filing. Detailed filing data is available for this year.$5.30$0.00$5.30$1.35$1.49$0.13
2020Detailed filing. Detailed filing data is available for this year.$5.52$0.12$5.40$1.60$1.82$0.22
2019Detailed filing. Detailed filing data is available for this year.$5.34$0.00$5.34$1.57$1.83$0.26
2018Detailed filing. Detailed filing data is available for this year.$5.85$0.05$5.80$1.57$1.58$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.83$0.07$5.76$1.77$1.19$0.58
2016Detailed filing. Detailed filing data is available for this year.$5.22$0.04$5.18$1.23$0.99$0.24
2015Detailed filing. Detailed filing data is available for this year.$4.99$0.03$4.95$1.02$1.22$0.20
2014Detailed filing. Detailed filing data is available for this year.$5.10$0.15$4.95$1.01$0.90$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$0.06$4.54$0.81$0.77$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$4.20$0.67$0.71$0.04