Civic Intelligence

Ironworkers Local Union No 584

990 • Fiscal year 2017 • EIN 73-0242970

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 30, 2017

14716 E PineTulsa, OK 74116

(918) 437-1446

Siviq Scores

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

Liabilities / Assets

40th percentile

0.01x

Higher debt load relative to assets than 40% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.01x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Net Margin

2nd percentile

-46%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

65th percentile

$138,645

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 23.7% of source-year revenue.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2017

Asset Growth

3rd percentile

-20%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-30%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,094,863

Down $267,007 (-20%) from 2016

Net Assets

Down

$1,088,953

Down $268,654 (-20%) from 2016

Liabilities

Up

$5,910

Up $1,647 (+39%) from 2016

Revenue

Down

$585,589

Down $249,090 (-30%) from 2016

Expenses

Up

$854,356

Up $170,577 (+25%) from 2016

Net Income

Down

-$268,767

Down $419,667 (-278%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $997,036Liabilities 2011: $4,842Net Assets 2011: $992,1942011Assets 2012: $847,685Liabilities 2012: $8,302Net Assets 2012: $839,3832012Assets 2013: $815,254Liabilities 2013: $4,150Net Assets 2013: $811,1042013Assets 2014: $907,578Liabilities 2014: $4,278Net Assets 2014: $903,3002014Assets 2015: $1,211,869Liabilities 2015: $4,909Net Assets 2015: $1,206,9602015Assets 2016: $1,361,870Liabilities 2016: $4,263Net Assets 2016: $1,357,6072016Assets 2017: $1,094,863Liabilities 2017: $5,910Net Assets 2017: $1,088,9532017Assets 2018: $984,137Liabilities 2018: $17,954Net Assets 2018: $966,1832018Assets 2019: $931,062Liabilities 2019: $12,490Net Assets 2019: $918,5722019Assets 2020: $750,680Liabilities 2020: $8,888Net Assets 2020: $741,7922020Assets 2021: $597,496Liabilities 2021: $18,566Net Assets 2021: $578,9302021Assets 2022: $379,418Liabilities 2022: $11,414Net Assets 2022: $368,0042022Assets 2023: $285,777Liabilities 2023: $15,981Net Assets 2023: $269,7962023Assets 2024: $449,989Liabilities 2024: $15,013Net Assets 2024: $434,9762024

Highlighted filing

2017

Assets$1,094,863
Liabilities$5,910
Net Assets$1,088,953

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $796,4512011Revenue 2012: $762,810Expenses 2012: $914,635Net Income 2012: -$151,8252012Expenses 2013: $806,3262013Revenue 2014: $792,964Expenses 2014: $700,768Net Income 2014: $92,1962014Revenue 2015: $969,318Expenses 2015: $665,658Net Income 2015: $303,6602015Revenue 2016: $834,679Expenses 2016: $683,779Net Income 2016: $150,9002016Revenue 2017: $585,589Expenses 2017: $854,356Net Income 2017: -$268,7672017Revenue 2018: $681,331Expenses 2018: $803,964Net Income 2018: -$122,6332018Revenue 2019: $931,759Expenses 2019: $979,370Net Income 2019: -$47,6112019Revenue 2020: $793,228Expenses 2020: $970,087Net Income 2020: -$176,8592020Revenue 2021: $606,629Expenses 2021: $769,491Net Income 2021: -$162,8622021Revenue 2022: $579,400Expenses 2022: $790,326Net Income 2022: -$210,9262022Revenue 2023: $704,363Expenses 2023: $802,572Net Income 2023: -$98,2092023Revenue 2024: $900,076Expenses 2024: $734,896Net Income 2024: $165,1802024

Highlighted filing

2017

Revenue$585,589
Expenses$854,356
Net Income-$268,767
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 30, 2017
Return Version
2016v3.0
Gross Receipts
$585,589
Mission and Program Overview

Mission

The labor organization represents its membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$535,222$479,669▼ $55,553
Investments in Publicly Traded Securities$599,747$399,860▼ $199,887
Land, Buildings, and Equipment, Net$226,016$213,025▼ $12,991
Cash and Non-Interest-Bearing Accounts$885$2,309▲ $1,424
Total Assets$1,361,870$1,094,863▼ $267,007
Liabilities
Accounts Payable and Accrued Expenses$4,263$5,910▲ $1,647
Total Liabilities$4,263$5,910▲ $1,647
Net Assets / Fund Balance
Unrestricted Net Assets$1,357,607$1,088,953▼ $268,654
Total Net Assets Fund Balance$1,357,607$1,088,953▼ $268,654
Total Liabilities and Net Assets / Fund Balance$1,361,870$1,094,863▼ $267,007

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$139,263$141,059$280,322
Other Land Buildings$33,615$32,815$66,430
Equipment$5,057$48,857$53,914
Land$35,090-$35,090
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael RichardsFST / Business ManagerFT$80,555$58,090$138,645
Willie WrightPresident-$1,332$566$1,898
Carl GannExecutive Committee-$833-$833
Albert TiptonTrustee-$212$107$319
Josh FararTrustee-$212$107$319
William LollisExecutive Committee-$111-$111
Chad DonathanExecutive Committee--$107$107

Board Members and Trustees

NameTitle
Ronnie BarrettExecutive Committee
Terry Lee UnderwoodExecutive Committee
Brian TannehillRecording Secretary
Cordney ChairsSergeant at Arms
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$476,287
Investment Income
$4,970
Other Revenue
$104,332
Change in Net Assets
$-268,767

Audited Revenue Reconciliation

Revenue per Audited Statements
$585,589
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$113
Total Revenue per Audited Statements
$585,702
Total Revenue per Form 990
$585,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$520,181
Salaries, Compensation, and Employee Benefits$245,769
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$199,263
Payments to Affiliates---$160,179
Benefits to Members---$88,406
Current Officers, Directors, Trustees, and Key Employees---$83,255
Pension Plan Contributions---$78,553
Other Salaries and Wages---$51,882
All Other Expenses---$32,605
Office Expenses---$28,848
Travel---$24,634
Occupancy---$22,016
Other Employee Benefits---$21,367
Depreciation Depletion---$18,997
Insurance---$15,968
Payroll Taxes---$10,712
Conferences and Meetings---$10,518
Fees for Services Accounting---$7,153
Total Functional Expenses$0$0$0$854,356

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$854,356
Total Expenses per Audited Statements$854,356
Total Expenses per Form 990$854,356
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
In-house lobbying only
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$5,187
Section 527 Activity Spending$5,187
Total Exempt Function Spending$5,187

Section 527 Organizations

OrganizationLocationAmount
91-2078577Washington, DC$5,187
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 4

The Local's parent Union revised their Constitution in August 2016.

Form 990, Part VI, Section A, line 6

The Organization has members.

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

The membership elects all members of the executive board.

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

The membership approves decisions made by the executive board.

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

A copy of Form 990 was provided to the Executive Board for their review.

Form 990, Part VI, Section C, line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ironworkers Local Union No 584
EIN
73-0242970
Phone
9184371446
Address
14716 E Pine, Tulsa, OK 74116

Signing Officer

Name
Michael Richards
Title
FST / Business Manager
Phone
9184371446
Signed
2017-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Richards
Formed
1938
Legal Domicile
Ok
Voting Board Members
11
Independent Board Members
0
Employees
11
Volunteers
0

Preparer

Firm
Needles & Associates LLC
Address
350 Interlocken Blvd STE 360, Broomfield, CO 80021
Preparer
Kurt D Needles CPA
Phone
3034304225
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Local is considered exempt from federal income taxes under Section 501(c)(5) of the Internal Revenue Code. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Local and recognize a tax liability (or asset) if it has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Based on this review, no reserves for uncertain tax positions were required to be recorded or disclosed for the years ended June 30, 2017 and 2016. The Local is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. With few exceptions, the Local is no longer subject to income tax examinations for years preceding June 30, 2013.

Raw XML Appendix392 raw XML fields

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/Section527PoliticalOrgGrp/EIN0912078577
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0Ironworkers Political Education Fund
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt05187
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt01750 New York Ave NW Suite 700
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0Washington
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd020006
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0The organization makes contributions based on hours worked by members.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1:
IRS990ScheduleC/TotalExemptFunctionExpendAmt05187
IRS990ScheduleD/BuildingsGrp/BookValueAmt0139263
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0141059
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0280322
IRS990ScheduleD/EquipmentGrp/BookValueAmt05057
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048857
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053914
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0854356
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt035090
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035090
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0113
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033615
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032815
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt066430
IRS990ScheduleD/RevenueNotReportedAmt0113
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0585589
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Local is considered exempt from federal income taxes under Section 501(c)(5) of the Internal Revenue Code. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Local and recognize a tax liability (or asset) if it has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Based on this review, no reserves for uncertain tax positions were required to be recorded or disclosed for the years ended June 30, 2017 and 2016. The Local is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. With few exceptions, the Local is no longer subject to income tax examinations for years preceding June 30, 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0213025
IRS990ScheduleD/TotalExpensesPerForm990Amt0854356
IRS990ScheduleD/TotalRevenuePerForm990Amt0585589
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0585702
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0854356
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Local's parent Union revised their Constitution in August 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization has members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The membership elects all members of the executive board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The membership approves decisions made by the executive board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A copy of Form 990 was provided to the Executive Board for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01361870
IRS990/TotalAssetsEOYAmt01094863
IRS990/TotalAssetsGrp/BOYAmt01361870
IRS990/TotalAssetsGrp/EOYAmt01094863
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/TotalAmt0854356
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04263
IRS990/TotalLiabilitiesEOYAmt05910
IRS990/TotalLiabilitiesGrp/BOYAmt04263
IRS990/TotalLiabilitiesGrp/EOYAmt05910
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01357607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01088953
IRS990/TotalOtherCompensationAmt058977
IRS990/TotalProgramServiceRevenueAmt0476287
IRS990/TotalReportableCompFromOrgAmt083255
IRS990/TotalRevenueGrp/ExclusionAmt04970
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0580619
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0585589
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01361870
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01094863
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt024634
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01357607
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01088953
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014716 E Pine
IRS990/USAddress/CityNm0Tulsa
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074116
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0http://tulsaironworkers.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Richards
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FST / Business Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum09184371446
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ironworkers Local Union No 584
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0730242970
ReturnHeader/Filer/PhoneNum09184371446
ReturnHeader/Filer/USAddress/AddressLine1Txt014716 E Pine
ReturnHeader/Filer/USAddress/CityNm0Tulsa
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074116
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FDE6D2B8E57BB0F8E42CC5F0812FBDBDB5266055
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FDE6D2B8E57BB0F8E42CC5F0812FBDBDB5266055
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.24.139.241
ReturnHeader/FilingSecurityInformation/IPDt02017-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm008:06:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510435869
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Needles & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0350 Interlocken Blvd STE 360
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Broomfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080021
ReturnHeader/PreparerPersonGrp/PhoneNum03034304225
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kurt D Needles CPA
ReturnHeader/ReturnTs02017-10-31T09:08:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$0.90$0.73$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.27$0.70$0.80$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.37$0.58$0.79$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.58$0.61$0.77$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.01$0.74$0.79$0.97$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.01$0.92$0.93$0.98$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.98$0.02$0.97$0.68$0.80$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.09$0.59$0.85$0.27
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.83$0.68$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.97$0.67$0.30
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.90$0.79$0.70$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.81$0.81
2012Summary only. Only limited summary data is available for this year.$0.85$0.01$0.84$0.76$0.91$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.00$0.99$0.80