Civic Intelligence

Iron Workers Local 86

990 • Fiscal year 2020 • EIN 91-0267915

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 04, 2020

4550 S 134th Place 102Tukwila, WA 98168

(206) 248-4246

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Net Margin

47th percentile

7.2%

Higher net margin than 47% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$241,423

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2020

Asset Growth

53rd percentile

7.9%

Faster asset growth than 53% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-7.5%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,085,768

Up $297,529 (+7.9%) from 2019

Net Assets

Up

$4,076,278

Up $304,300 (+8.1%) from 2019

Liabilities

Down

$9,490

Down $6,771 (-42%) from 2019

Revenue

Down

$4,211,124

Down $340,112 (-7.5%) from 2019

Expenses

Up

$3,906,824

Up $8,571 (+0.2%) from 2019

Net Income

Down

$304,300

Down $348,683 (-53%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,777,332Liabilities 2011: $9,463Net Assets 2011: $1,767,8692011Assets 2012: $1,611,711Liabilities 2012: $10,409Net Assets 2012: $1,601,3022012Assets 2013: $1,637,842Liabilities 2013: $13,416Net Assets 2013: $1,624,4262013Assets 2014: $1,565,352Liabilities 2014: $13,387Net Assets 2014: $1,551,9652014Assets 2015: $2,048,651Liabilities 2015: $10,005Net Assets 2015: $2,038,6462015Assets 2016: $2,552,499Liabilities 2016: $17,050Net Assets 2016: $2,535,4492016Assets 2017: $2,715,856Liabilities 2017: $5,977Net Assets 2017: $2,709,8792017Assets 2018: $3,124,666Liabilities 2018: $5,671Net Assets 2018: $3,118,9952018Assets 2019: $3,788,239Liabilities 2019: $16,261Net Assets 2019: $3,771,9782019Assets 2020: $4,085,768Liabilities 2020: $9,490Net Assets 2020: $4,076,2782020Assets 2021: $5,194,982Liabilities 2021: $374,083Net Assets 2021: $4,820,8992021Assets 2022: $5,722,685Liabilities 2022: $4,238Net Assets 2022: $5,718,4472022Assets 2023: $6,254,586Liabilities 2023: $15,670Net Assets 2023: $6,238,9162023Assets 2024: $6,065,361Liabilities 2024: $18,066Net Assets 2024: $6,047,2952024Assets 2025: $5,431,400Liabilities 2025: $691Net Assets 2025: $5,430,7092025

Highlighted filing

2020

Assets$4,085,768
Liabilities$9,490
Net Assets$4,076,278

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,408,3912011Expenses 2012: $2,182,0572012Revenue 2013: $2,450,160Expenses 2013: $2,427,036Net Income 2013: $23,1242013Revenue 2014: $2,610,927Expenses 2014: $2,683,388Net Income 2014: -$72,4612014Revenue 2015: $3,482,370Expenses 2015: $2,995,689Net Income 2015: $486,6812015Revenue 2016: $3,860,741Expenses 2016: $3,363,938Net Income 2016: $496,8032016Revenue 2017: $3,654,602Expenses 2017: $3,480,172Net Income 2017: $174,4302017Revenue 2018: $3,917,511Expenses 2018: $3,508,395Net Income 2018: $409,1162018Revenue 2019: $4,551,236Expenses 2019: $3,898,253Net Income 2019: $652,9832019Revenue 2020: $4,211,124Expenses 2020: $3,906,824Net Income 2020: $304,3002020Revenue 2021: $4,989,970Expenses 2021: $4,245,349Net Income 2021: $744,6212021Revenue 2022: $5,200,923Expenses 2022: $4,303,375Net Income 2022: $897,5482022Revenue 2023: $5,106,997Expenses 2023: $4,586,528Net Income 2023: $520,4692023Revenue 2024: $4,176,486Expenses 2024: $4,368,107Net Income 2024: -$191,6212024Revenue 2025: $3,682,770Expenses 2025: $4,299,356Net Income 2025: -$616,5862025

Highlighted filing

2020

Revenue$4,211,124
Expenses$3,906,824
Net Income$304,300
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 4, 2020
Return Version
2019v5.0
Gross Receipts
$4,211,124
Mission and Program Overview

Mission

The Local Union's mission is to organize and educate workers so that they have a voice in the workplace and know their workplace rights;involve workers in the political process and to negotiate with employers so that each worker is treated with dignity, justice and respect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,900,021$1,870,308▼ $1,029,713
Investments in Publicly Traded Securities-$1,121,063-
Cash and Non-Interest-Bearing Accounts$797,377$1,027,520▲ $230,143
Land, Buildings, and Equipment, Net$90,841$66,877▼ $23,964
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,788,239$4,085,768▲ $297,529
Other Assets Total-$0-
Liabilities
Other Liabilities$16,261$9,490▼ $6,771
Total Liabilities$16,261$9,490▼ $6,771
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,771,978$4,076,278▲ $304,300
Total Net Assets Fund Balance$3,771,978$4,076,278▲ $304,300
Total Liabilities and Net Assets / Fund Balance$3,788,239$4,085,768▲ $297,529

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,463$139,049$163,512
Other Land Buildings$42,414$93,539$135,953
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher McClainFin Secre-TreasFT$124,803$116,620$241,423
Christopher WatrobkaBus Agent/DispatchFT$112,191$103,751$215,942
Heather KurtenbachBus Agent/OrganizrFT$110,046$105,816$215,862
Robert Korth JrPresidentFT$112,042$103,794$215,836
Derek PatchesBus Agent/DispatchFT$112,191$103,426$215,617
Paul EnglandOrganizerFT$109,809$101,088$210,897
Matt MorrisRecording Secre-$846-$846

Board Members and Trustees

NameTitle
Jared FritzVice President
Chad LyonExecutive Board
Edward Jezek JrExecutive Board
James BowdenExecutive Board
Joe McClainExecutive Board
Neil HackmanExecutive Board
Brad TolandTrustee
Don DevoeTrustee
Anthony TaylorTrustee/Sgt Arm
Revenue and Support

Revenue Composition

Contributions and Grants
$3,150
Program Service Revenue
$4,151,890
Investment Income
$56,084
Other Revenue
$0
All Other Contributions
$3,150
Change in Net Assets
$304,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,211,124
Total Revenue per Audited Statements
$4,211,124
Total Revenue per Form 990
$4,211,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,974,044
Other Expenses$1,863,227
Grants and Similar Amounts Paid$14,750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$1,425,233
Other Salaries and Wages---$824,879
Pension Plan Contributions---$472,538
Current Officers, Directors, Trustees, and Key Employees---$458,105
Other Employee Benefits---$128,425
Payroll Taxes---$90,097
Occupancy---$74,778
Office Expenses---$74,419
Benefits to Members---$54,803
Travel---$44,023
Conferences and Meetings---$43,925
Depreciation Depletion---$31,851
Insurance---$26,554
Fees for Services Accounting---$15,053
Grants to Domestic Orgs---$14,750
Advertising---$13,511
Information Technology---$12,831
Fees for Services Legal---$12,263
Fees for Services Other---$11,137
Other Expenses---$11,000
All Other Expenses---$9,199
Total Functional Expenses$0$0$0$3,906,824

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,906,824
Total Expenses per Audited Statements$3,906,824
Total Expenses per Form 990$3,906,824
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$5,428
Total Exempt Function Spending$5,428
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Payroll taxes and withholding payable$5,430
Overpaid dues liability$4,060
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The current Financial Secretary-Treasurer is the brother of a current Executive Board member.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The local union has members that pay dues to the organization and benefit from the mission of the local union.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Officer elections occur every three (3) years in February. All officer positions are open to Journeyman Iron Worker who has been in continuous good standing for a period of two (2) years preceding nomination.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Resolutions are submitted to the membership body, read at three (3) union meetings, and then voted on by the membership body present at the third union meeting.

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft copy of the Form 990 is provided to the governing body (Executive Board and Trustees) for approval prior to filing. Questions are directed to the Firm preparing the Form 990 and all questions are answered and understood before the form is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Local Union requires timely disclosure of potential conflicts of interest from involved persons.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Per the Local Union bylaws, compensation of key employees and officers is based on pay scales and reviewed by the Business Manager and Executive Board, and is subject to the collective bargaining agreement (Master Labor Agreement). All voting members can vote to approve or disapprove the Agreement.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Certain documents of the Local Union are made available to the public upon request and are available at the Department of Labor website.

Filing and Contact Details

Filer

Filer Name
Iron Workers Local 86
EIN
91-0267915
Phone
2062484246
Address
4550 S 134th Place 102, Tukwila, WA 98168

Signing Officer

Name
Christopher McClain
Title
Fin Secre-Treasurer
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher McClain
Formed
1904
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
8
Employees
13

Preparer

Firm
Huebner Dooley & Mcginness Ps
Address
1424 NE 155TH ST STE 100, SHORELINE, WA 98155
Preparer
Chris McGinness
Phone
2065228000
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Income Tax Status:Iron Workers Local Union 86 is exempt from federal income taxes under Internal Revenue Code Section 501(c)(5) and, therefore, has made no provision for federal income taxes in the accompanying financial statements. During the years ended June 30, 2020 and 2019, the Local Union recorded no unrelated business income and recognized no income tax related interest or penalties.The Local Union accounts for tax positions in accordance with FASB Accounting Standards Codification Topic 740, Income Taxes. With few exceptions, the Local Union is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed the Local Union's tax positions and determined there were no uncertain tax positions as of June 30, 2020 and 2019.

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IRS990/PrincipalOfficerNm0Christopher McClain
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0The Local Union indirectly contributed to political campaigns on behalf of or in opposition to public initiatives.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1 - Direct and Indirect Political Campaign Activities
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income Tax Status:Iron Workers Local Union 86 is exempt from federal income taxes under Internal Revenue Code Section 501(c)(5) and, therefore, has made no provision for federal income taxes in the accompanying financial statements. During the years ended June 30, 2020 and 2019, the Local Union recorded no unrelated business income and recognized no income tax related interest or penalties.The Local Union accounts for tax positions in accordance with FASB Accounting Standards Codification Topic 740, Income Taxes. With few exceptions, the Local Union is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed the Local Union's tax positions and determined there were no uncertain tax positions as of June 30, 2020 and 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Christopher McClain
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Christopher Watrobka
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Derek Patches
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Heather Kurtenbach

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$0.00$5.43$3.68$4.30$0.62
2024Summary only. Only limited summary data is available for this year.$6.07$0.02$6.05$4.18$4.37$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.25$0.02$6.24$5.11$4.59$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.72$0.00$5.72$5.20$4.30$0.90
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$0.37$4.82$4.99$4.25$0.74
2020Detailed filing. Detailed filing data is available for this year.$4.09$0.01$4.08$4.21$3.91$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$0.02$3.77$4.55$3.90$0.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.01$3.12$3.92$3.51$0.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.01$2.71$3.65$3.48$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.55$0.02$2.54$3.86$3.36$0.50
2015Detailed filing. Detailed filing data is available for this year.$2.05$0.01$2.04$3.48$3.00$0.49
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.55$2.61$2.68$0.07
2013Summary only. Only limited summary data is available for this year.$1.64$0.01$1.62$2.45$2.43$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.01$1.60$2.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.01$1.77$2.41