Structural Ironworkers Union Local FY2022 filing

Rock Island, IL · Mutual-benefit / member-serving · Since 1907

! Not tax-deductible Latest data FY2022
Revenue
$1.2M
▼ -3% vs prior year
Spent
$896K
To programs
83%
Net assets
$2.9M
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending June 2022 (IRS tax year 2021).

Figures match the IRS filing checked 9/28/26 · see original: IRS

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
83% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↓ -3% vs prior year
Legal name (IRS)Hdr · item CStructural Ironworkers Union Local
EINHdr · item D36-1835610
Exempt statusHdr · item I501(c)(5) · active
Ruling yearIRS BMFJul 1944
Year of formationHdr · item L1907
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CRock Island, IL
NTEE classificationIRS BMFNonprofit

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$745K
Management & general17%$151K
Total functional expensesLn 25$896K

Financial health

Revenue & expenses by yearFY2021–FY2024
Revenue
$1.2M
FY2022▼ -3%
Expenses
$896K
FY2022▲ +12%
Surplus margin
+23%
revenue over expenses, this year
Program spending
83%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$3.0M
FY2022▲ +10%
Total liabilities
$72K
FY2022▲ +29%
Revenue less expensesPt I · Ln 19$261K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1$3.0M
Total assetsLn 16$3.0M
Total liabilitiesLn 26$72K
Total net assetsLn 32$2.9M
Months of cash on handcomputed39.9

Statement of Revenue

Part VIII
Program service revenue$1.0M · 90%
Contributions & grants$88K · 8%
Investment income$23K · 2%
Other revenue$6K · 1%
Program service revenue90%$1.0M
Contributions & grants8%$88K
Investment income2%$23K
Other revenue1%$6K
Total revenueLn 12$1.2M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.0M · Operating expenses/yr $896K
39.9 months
Where the money goes
Program services
Program services $745K · Total expenses $896K
83%
Management & General
Management & general $151K · Total expenses $896K
17%
Fundraising
Fundraising $0 · Total expenses $896K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $98K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $88K · Total revenue $1.2M
8%
Government reliance
Government grants — · Total revenue $1.2M
—
Earned-income share
Program service revenue $1.0M · Total revenue $1.2M
90%
Investment reliance
Investment income $23K · Total revenue $1.2M
+2%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $896K
116%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.2M
-3%
Net-asset trend (YoY)
End of year $2.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $896K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $3.0M
—
Net-asset ratio
Net assets $2.9M · Total assets $3.0M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brian Atkins · Reported title BUS MGR/TREA · Highest reported compensation $83K · Total expenses $896K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $422K · Total expenses $896K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 17%——
Fundraising cost ratio 0%——
Revenue growth -3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Bus Mgr/Trea
$82,819Pt VII · Sec A
Business Age
$81,381Pt VII · Sec A
Vice Preside
$3,130Pt VII · Sec A
Executive Bo
$1,958Pt VII · Sec A
Recording Se
$1,800Pt VII · Sec A
Executive Bo
$1,080Pt VII · Sec A
Election Jud
$0Pt VII · Sec A
Election Jud
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Michael Olvera$109,676$107,198———
Alex Adams$107,198$104,728$2,592$3,130—
Brian Atkins—$4,123—$82,819$81,735
Jason Caldwell—$2,014—$81,381$79,663
Noah Babcock$1,350$3,526$1,960$1,080$1,056
James Gustaf$1,350$2,644———
William Ringberg—$2,014———
Mike Olvera———$1,958$132

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Supports and shows allegiance to the International Association of Bridge, Structural, Ornamental & Reinforcing Iron Workers.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

See other

Pt IX · col B

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $38K · 2023–2023
Unitemized GrantFY2023$38,023

Filing history

YearRevenueExpensesChangeFiling
FY2024 $1.2M$1.0M-4% 990 PDF
FY2023 $1.2M$1.0M+5% 990 PDF
FY2022 Viewing $1.2M$896K-3% 990 PDF
FY2021 $1.2M$801K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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