Civic Intelligence

Intl Assoc of Bridge Structural and Ornamental Ironworkers Local 89

990 • Fiscal year 2014 • EIN 42-0336965

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 31, 2014

1112 29th Avenue SW52404

(319) 365-8675

Siviq Scores

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

Liabilities / Assets

88th percentile

0.33x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

0.55x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Net Margin

72nd percentile

11%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

41st percentile

$84,633

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-74%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,299,976

Up $123,910 (+11%) from 2013

Net Assets

Up

$868,105

Up $86,429 (+11%) from 2013

Liabilities

Up

$431,871

Up $37,481 (+9.5%) from 2013

Revenue

Down

$789,973

Down $2,197,467 (-74%) from 2013

Expenses

Down

$703,544

Down $2,125,049 (-75%) from 2013

Net Income

Down

$86,429

Down $72,418 (-46%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,043,793Liabilities 2012: $418,046Net Assets 2012: $625,7472012Assets 2013: $1,176,066Liabilities 2013: $394,390Net Assets 2013: $781,6762013Assets 2014: $1,299,976Liabilities 2014: $431,871Net Assets 2014: $868,1052014Assets 2015: $1,532,383Liabilities 2015: $462,449Net Assets 2015: $1,069,9342015Assets 2016: $1,650,589Liabilities 2016: $477,957Net Assets 2016: $1,172,6322016Assets 2017: $1,688,221Liabilities 2017: $469,955Net Assets 2017: $1,218,2662017Assets 2018: $1,668,609Liabilities 2018: $451,827Net Assets 2018: $1,216,7822018Assets 2019: $1,744,185Liabilities 2019: $422,213Net Assets 2019: $1,321,9722019Assets 2020: $1,769,317Liabilities 2020: $455,658Net Assets 2020: $1,313,6592020Assets 2021: $1,823,496Liabilities 2021: $458,296Net Assets 2021: $1,365,2002021Assets 2022: $1,575,158Liabilities 2022: $247,560Net Assets 2022: $1,327,5982022Assets 2023: $1,685,892Liabilities 2023: $262,543Net Assets 2023: $1,423,3492023Assets 2024: $1,944,752Liabilities 2024: $253,113Net Assets 2024: $1,691,6392024Assets 2025: $2,127,142Liabilities 2025: $287,376Net Assets 2025: $1,839,7662025

Highlighted filing

2014

Assets$1,299,976
Liabilities$431,871
Net Assets$868,105

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $1,513,198Expenses 2012: $1,395,357Net Income 2012: $117,8412012Revenue 2013: $2,987,440Expenses 2013: $2,828,593Net Income 2013: $158,8472013Revenue 2014: $789,973Expenses 2014: $703,544Net Income 2014: $86,4292014Revenue 2015: $1,032,666Expenses 2015: $830,837Net Income 2015: $201,8292015Revenue 2016: $881,342Expenses 2016: $778,644Net Income 2016: $102,6982016Revenue 2017: $783,076Expenses 2017: $737,442Net Income 2017: $45,6342017Revenue 2018: $710,574Expenses 2018: $712,058Net Income 2018: -$1,4842018Revenue 2019: $895,479Expenses 2019: $790,289Net Income 2019: $105,1902019Revenue 2020: $685,522Expenses 2020: $693,835Net Income 2020: -$8,3132020Revenue 2021: $1,543,696Expenses 2021: $1,492,155Net Income 2021: $51,5412021Revenue 2022: $1,169,729Expenses 2022: $1,207,331Net Income 2022: -$37,6022022Revenue 2023: $1,325,403Expenses 2023: $1,229,652Net Income 2023: $95,7512023Revenue 2024: $1,525,381Expenses 2024: $1,261,541Net Income 2024: $263,8402024Revenue 2025: $1,526,492Expenses 2025: $1,378,365Net Income 2025: $148,1272025

Highlighted filing

2014

Revenue$789,973
Expenses$703,544
Net Income$86,429
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 31, 2014
Return Version
2013v3.1
Gross Receipts
$789,973
Mission and Program Overview

Mission

To provide benefits and support for members, including working under a collective bargaining agreement providing better pay, better health and retirement benefits, job security and safe working conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$560,698$637,377▲ $76,679
Land, Buildings, and Equipment, Net$519,867$532,251▲ $12,384
Cash and Non-Interest-Bearing Accounts$70,184$100,831▲ $30,647
Investments Other Securities$12,500$12,500→ $0
Inventories for Sale or Use$11,592$11,592→ $0
Prepaid Expenses and Deferred Charges$1,225$5,425▲ $4,200
Total Assets$1,176,066$1,299,976▲ $123,910
Liabilities
Mortgage Notes Payable Secured by Investment Property$393,585$385,208▼ $8,377
Accounts Payable and Accrued Expenses$805$46,663▲ $45,858
Total Liabilities$394,390$431,871▲ $37,481
Net Assets / Fund Balance
Unrestricted Net Assets$781,676$730,838▼ $50,838
Temporarily Rstr Net Assets-$137,267-
Total Net Assets Fund Balance$781,676$868,105▲ $86,429
Total Liabilities and Net Assets / Fund Balance$1,176,066$1,299,976▲ $123,910

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$398,651$43,120$441,771
Land$122,688-$122,688
Equipment$10,912$39,333$50,245
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Zachary GormanFinancial SeFT$84,633$84,633

Board Members and Trustees

NameTitle
Troy SauterPresident
Dennis DolezalTrustee
Jimmy OberholserTrustee
John TharpExecutive Bo
Kevin KnepperExecutive Bo
Mike KelleyExecutive Bo
Steve ColesonExecutive Bo
Seth GormanRecording Se
Tom BarkerSergeant at
Jeremy KonicekVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$637,316
Program Service Revenue
$0
Investment Income
$1,281
Other Revenue
$151,376
Change in Net Assets
$86,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,185
Salaries, Compensation, and Employee Benefits$285,305
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$89,221
Other Employee Benefits---$61,477
Pension Plan Contributions---$58,047
Other Salaries and Wages---$56,794
Benefits to Members---$54,054
Occupancy---$41,614
Interest---$33,268
Travel---$26,453
Payroll Taxes---$19,766
Depreciation Depletion---$16,617
Other Expenses---$9,204
Fees for Services Accounting---$7,000
All Other Expenses---$6,885
Information Technology---$6,762
Office Expenses---$5,510
Insurance---$5,120
Conferences and Meetings---$3,979
Advertising---$2,252
Total Functional Expenses$0$0$0$703,544
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
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is emailed to the governing body prior to the meeting.

Form 990, Page 6, Part VI, Line 19

Governing documents are available for inspection upon request at the union hall.

Filing and Contact Details

Filer

EIN
42-0336965
Phone
3193658675

Signing Officer

Name
Zachary Gorman
Title
Fin Secretary and Bus Manager
Phone
3193658675
Signed
2014-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zachary Gorman
Formed
1905
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
6

Preparer

Preparer
Kevin L Ballard CPA
Phone
3193668267
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To be a bargaining agent for 355 members of local 89.

Financial Statement Notes

Schedule D, Page 3, Part X

Management annually makes an appropriate evaluation of any uncertain income positions based upon current statutes in completing reviewed financial statements and the notes to the financial statements at june 30, 2014. Management believes there are no uncertain income tax positions for which a material change in the unrecognized effect would be reasonably possible within the next 12 months. The open years for audit of the local's income tax returns are years ended june 30, 2011, 2012, 2013 and 2014.

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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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IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0398651
IRS990ScheduleD/BuildingsGrp/DepreciationAmt043120
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0441771
IRS990ScheduleD/EquipmentGrp/BookValueAmt010912
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039333
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050245
IRS990ScheduleD/LandGrp/BookValueAmt0122688
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0122688
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ANNUALLY MAKES AN APPROPRIATE EVALUATION OF ANY UNCERTAIN INCOME POSITIONS BASED UPON CURRENT STATUTES IN COMPLETING REVIEWED FINANCIAL STATEMENTS AND THE NOTES TO THE FINANCIAL STATEMENTS AT JUNE 30, 2014. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN INCOME TAX POSITIONS FOR WHICH A MATERIAL CHANGE IN THE UNRECOGNIZED EFFECT WOULD BE REASONABLY POSSIBLE WITHIN THE NEXT 12 MONTHS. THE OPEN YEARS FOR AUDIT OF THE LOCAL'S INCOME TAX RETURNS ARE YEARS ENDED JUNE 30, 2011, 2012, 2013 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0532251
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO BE A BARGAINING AGENT FOR 355 MEMBERS OF LOCAL 89.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS EMAILED TO THE GOVERNING BODY PRIOR TO THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST AT THE UNION HALL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0137267
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01176066
IRS990/TotalAssetsEOYAmt01299976
IRS990/TotalAssetsGrp/BOYAmt01176066
IRS990/TotalAssetsGrp/EOYAmt01299976
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0637316
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0703544
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0394390
IRS990/TotalLiabilitiesEOYAmt0431871
IRS990/TotalLiabilitiesGrp/BOYAmt0394390
IRS990/TotalLiabilitiesGrp/EOYAmt0431871
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0781676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0868105
IRS990/TotalReportableCompFromOrgAmt084633
IRS990/TotalRevenueGrp/ExclusionAmt0151376
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01281
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0789973
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01176066
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01299976
IRS990/TravelGrp/TotalAmt026453
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0781676
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0730838
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.IRONWORKERS89.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ZACHARY GORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FIN SECRETARY AND BUS MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03193658675
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine10INTL ASSOC OF BRIDGE STRUCTURAL
ReturnHeader/Filer/BusinessName/BusinessNameLine20AND ORNAMENTAL IRONWORKERS LOCAL 89
ReturnHeader/Filer/BusinessNameControlTxt0INTL
ReturnHeader/Filer/EIN0420336965
ReturnHeader/Filer/PhoneNum03193658675
ReturnHeader/Filer/USAddress/AddressLine101112 29TH AVENUE SW
ReturnHeader/Filer/USAddress/City0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode052404
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420991212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HOGAN - HANSEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102750 FIRST AVENUE NE SUITE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CEDAR RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0524024800
ReturnHeader/PreparerPersonGrp/PhoneNum03193668267
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN L BALLARD CPA
ReturnHeader/ReturnTs02014-10-19T17:48:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.29$1.84$1.53$1.38$0.15
2024Summary only. Only limited summary data is available for this year.$1.94$0.25$1.69$1.53$1.26$0.26
2023Summary only. Only limited summary data is available for this year.$1.69$0.26$1.42$1.33$1.23$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.25$1.33$1.17$1.21$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.46$1.37$1.54$1.49$0.05
2020Summary only. Only limited summary data is available for this year.$1.77$0.46$1.31$0.69$0.69$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.42$1.32$0.90$0.79$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.45$1.22$0.71$0.71$0.00
2017Summary only. Only limited summary data is available for this year.$1.69$0.47$1.22$0.78$0.74$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.48$1.17$0.88$0.78$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.53$0.46$1.07$1.03$0.83$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.43$0.87$0.79$0.70$0.09
2013Summary only. Only limited summary data is available for this year.$1.18$0.39$0.78$2.99$2.83$0.16
2012Summary only. Only limited summary data is available for this year.$1.04$0.42$0.63$1.51$1.40$0.12