Civic Intelligence

International Association of Bridge Structural & Ornamental Ironworker

EIN 74-0707436 • 501(c)5 • Austin, TX

View Organization Page

Profile

The ironworkers lu#482 has been working for employment opportunities fair pay health and welfare benefits continuing education and other workers' rights since 1935. The organization trains its members to be the most highly trained and skilled workers in the trade.

2201 Riverside Farms RdAustin, TX 78741-4814
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.00x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.00x

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

501(c)5 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

48%

Higher net margin than 95% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$157,025

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

501(c)5 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

53%

Faster asset growth than 96% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

137%

Faster revenue growth than 98% of similar nonprofits.

501(c)5 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$4,004,485

Up $1,388,762 (+53%) from 2023

Liabilities

Up

$13,449

Up $819 (+6.5%) from 2023

Net Assets

Up

$3,991,036

Up $1,387,943 (+53%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin95th percentile

Revenue

Up

$2,865,305

Up $1,656,367 (+137%) from 2023

Expenses

Up

$1,477,362

Up $175,721 (+13%) from 2023

Net Income

Up

$1,387,943

Up $1,480,646 (+1597%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $481,796Liabilities 2011: $5,346Net Assets 2011: $476,4502011Assets 2012: $435,164Liabilities 2012: $26,943Net Assets 2012: $408,2212012Assets 2013: $330,847Liabilities 2013: $21,661Net Assets 2013: $309,1862013Assets 2014: $474,463Liabilities 2014: $20,582Net Assets 2014: $453,8812014Assets 2015: $494,575Liabilities 2015: $14,438Net Assets 2015: $480,1372015Assets 2016: $509,402Liabilities 2016: $39,565Net Assets 2016: $469,8372016Assets 2017: $620,572Liabilities 2017: $36,053Net Assets 2017: $584,5192017Assets 2018: $851,348Liabilities 2018: $30,995Net Assets 2018: $820,3532018Assets 2019: $982,966Liabilities 2019: $24,140Net Assets 2019: $958,8262019Assets 2020: $1,291,992Liabilities 2020: $24,244Net Assets 2020: $1,267,7482020Assets 2021: $2,102,448Liabilities 2021: $14,376Net Assets 2021: $2,088,0722021Assets 2022: $2,703,947Liabilities 2022: $8,151Net Assets 2022: $2,695,7962022Assets 2023: $2,615,723Liabilities 2023: $12,630Net Assets 2023: $2,603,0932023Assets 2024: $4,004,485Liabilities 2024: $13,449Net Assets 2024: $3,991,0362024

Highlighted filing

2024

Assets$4,004,485
Liabilities$13,449
Net Assets$3,991,036
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $320,484Expenses 2011: $437,506Net Income 2011: -$117,0222011Revenue 2012: $357,369Expenses 2012: $425,598Net Income 2012: -$68,2292012Revenue 2013: $449,165Expenses 2013: $548,200Net Income 2013: -$99,0352013Revenue 2014: $621,437Expenses 2014: $476,742Net Income 2014: $144,6952014Revenue 2015: $490,989Expenses 2015: $464,733Net Income 2015: $26,2562015Revenue 2016: $462,471Expenses 2016: $945,542Net Income 2016: -$483,0712016Revenue 2017: $522,777Expenses 2017: $408,095Net Income 2017: $114,6822017Revenue 2018: $688,001Expenses 2018: $452,167Net Income 2018: $235,8342018Revenue 2019: $619,068Expenses 2019: $480,595Net Income 2019: $138,4732019Revenue 2020: $878,419Expenses 2020: $569,497Net Income 2020: $308,9222020Revenue 2021: $1,613,796Expenses 2021: $793,472Net Income 2021: $820,3242021Revenue 2022: $1,708,750Expenses 2022: $1,101,026Net Income 2022: $607,7242022Revenue 2023: $1,208,938Expenses 2023: $1,301,641Net Income 2023: -$92,7032023Revenue 2024: $2,865,305Expenses 2024: $1,477,362Net Income 2024: $1,387,9432024

Highlighted filing

2024

Revenue$2,865,305
Expenses$1,477,362
Net Income$1,387,943
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,004,485
Liabilities
$13,449
Net assets
$3,991,036
Revenue
$2,865,305
Expenses
$1,477,362
Net income
$1,387,943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.00$0.01$3.99$2.87$1.48$1.39
2023Detailed filing. Detailed filing data is available for this year.$2.62$0.01$2.60$1.21$1.30$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.70$0.01$2.70$1.71$1.10$0.61
2021Detailed filing. Detailed filing data is available for this year.$2.10$0.01$2.09$1.61$0.79$0.82
2020Summary only. Only limited summary data is available for this year.$1.29$0.02$1.27$0.88$0.57$0.31
2019Summary only. Only limited summary data is available for this year.$0.98$0.02$0.96$0.62$0.48$0.14
2018Summary only. Only limited summary data is available for this year.$0.85$0.03$0.82$0.69$0.45$0.24
2017Summary only. Only limited summary data is available for this year.$0.62$0.04$0.58$0.52$0.41$0.11
2016Summary only. Only limited summary data is available for this year.$0.51$0.04$0.47$0.46$0.95$0.48
2015Summary only. Only limited summary data is available for this year.$0.49$0.01$0.48$0.49$0.46$0.03
2014Summary only. Only limited summary data is available for this year.$0.47$0.02$0.45$0.62$0.48$0.14
2013Summary only. Only limited summary data is available for this year.$0.33$0.02$0.31$0.45$0.55$0.10
2012Summary only. Only limited summary data is available for this year.$0.44$0.03$0.41$0.36$0.43$0.07
2011Summary only. Only limited summary data is available for this year.$0.48$0.01$0.48$0.32$0.44$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 17, 2025
Return Version
2023v6.0
Gross Receipts
$2,865,305
Mission and Program Overview

Mission

The ironworkers lu#482 has been working for employment opportunities fair pay health and welfare benefits continuing education and other workers' rights since 1935. The organization trains its members to be the most highly trained and skilled workers in the trade.

The ironworkers lu#482 has been working for emplymnt opportunities fair pay health and welfare benefits continuing educ. And other workers rights since 1935 training its members to be the most highly trained and skilled workers in the trade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,174,032$3,466,287▲ $1,292,255
Cash and Non-Interest-Bearing Accounts$260,826$449,399▲ $188,573
Land, Buildings, and Equipment, Net$18,244$7,333▼ $10,911
Investments in Publicly Traded Securities$2,299$7,089▲ $4,790
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,615,723$4,004,485▲ $1,388,762
Other Assets Total$160,322$74,377▼ $85,945
Liabilities
Other Liabilities$12,630$13,449▲ $819
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,630$13,449▲ $819
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,603,093$3,991,036▲ $1,387,943
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,603,093$3,991,036▲ $1,387,943
Total Liabilities and Net Assets / Fund Balance$2,615,723$4,004,485▲ $1,388,762

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,333$48,205$55,538
Other Assets Org$635--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robin DrakeFin Sec Treas Bus MgrFT$115,485$41,540$157,025
Ascension RodriguezOrganizer Exam Comm Exe CommFT$90,032$35,636$125,668
Riley DrakeRecording Secretary Exam CommPT-$90,864$90,864
Artemio Lopez JrVice President Exec CommPT-$205$205
Christian LahtiExam Comm Executive CommPT-$205$205

Board Members and Trustees

NameTitle
Jason PuckettPresident
Steven RiveraExec Comm Exam Comm Trustee
Charles Cooper JrTrustee Sgt at Arms
Joseph CriscuoliExecutive Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$186,024
Program Service Revenue
$2,630,972
Investment Income
$48,309
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$1,387,943

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,865,305
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,865,305
Total Revenue per Form 990
$2,865,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,023,379
Salaries, Compensation, and Employee Benefits$453,983
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$0$0$0$216,072
Advertising$0$0$0$213,308
Office Expenses$0$0$0$208,778
Payments to Affiliates$0$0$0$105,033
Pension Plan Contributions$0$0$0$83,899
Other Salaries and Wages$0$0$0$73,645
Other Employee Benefits$0$0$0$55,939
Other Expenses$0$0$0$33,113
Payroll Taxes$0$0$0$24,428
Travel$0$0$0$14,357
Fees for Services Accounting$0$0$0$14,086
Occupancy$0$0$0$12,389
Insurance$0$0$0$12,331
All Other Expenses$0$0$0$11,069
Depreciation Depletion$0$0$0$10,911
Total Functional Expenses$0$0$0$1,477,362

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,477,362
Total Expenses per Audited Statements$1,477,362
Total Expenses per Form 990$1,477,362
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$8,089
Accrued Fringe Benefits$4,397
Credit Card Payable$963
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Line 2

“Officers robin drake and riley drake have a family relationship.”

Part VI, Line 6

“The organization has members. The members consist of journeyman ironworkers apprentices honorary pensioners and retired members. All have voting rights except for apprentices.”

Part VI, Line 7A

“Per the constitution of the organization the officers and executive board are democratically elected by the members of the organization. The election is held every 3 years by majority vote. The election process is outlined in the constitution.”

Part VI, Line 7B

“A general membership meeting is held every month that has a quorum of 10% of the members in good standing. In addition there is a monthly meeting of the executive board. Financial matters are approved by the general membership in good standing. Membership approvals reinstatements and any other changes to membership are approved by the executive board and also approved by the general executive secretary of the international association of ironworkers.”

Part VI, Line 11B

“The financial secretary treasurer business manager of the organization is responsible for providing the members of the executive board copies of the form 990 before it is filed and also reviews and approves the form 990.”

Part VI, Line 12C

“The organization inquires at the executive board meeting annually whether there are any interests that could rise to a conflict of interest. The organization maintains the forms from each officer or trustee to ensure that there is no conflict of interest in the office of the president.”

Part VI, Line 15

“The salary for the fin. Secretary treas bus. Manager is determined by the by-laws that state shall not be less than that of the general foreman as per the collective bargaining agreement.”

Part VI Line 19

“| Explanation:| Available upon request.”

Filing and Contact Details

Filer

Filer Name
International Association of Bridge Structural & Ornamental Ironworker Loca
EIN
74-0707436
In Care Of
% ROBIN DRAKE
Phone
5123852500
Address
2201 RIVERSIDE FARMS RD, AUSTIN, TX 78741-4814

Signing Officer

Name
Robin Drake
Title
Financial Secretary-Treasurer Bus
Signed
2025-02-17
Discuss with paid preparer
Yes

Organization Details

Formed
1935
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
4
Employees
3
Volunteers
0

Preparer

Preparer
A Nava
Raw XML AppendixShowing 400 of 647 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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IRS990/MissionDesc0THE IRONWORKERS LU#482 HAS BEEN WORKING FOR EMPLOYMENT OPPORTUNITIES FAIR PAY HEALTH AND WELFARE BENEFITS CONTINUING EDUCATION AND OTHER WORKERS RIGHTS SINCE 1935. THE ORGANIZATION TRAINS ITS MEMBERS TO BE THE MOST HIGHLY TRAINED AND SKILLED WORKERS IN THE TRADE.
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