Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1966.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
10 people listed on the 990; $515K paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| William M Martin | — | $166,577 | $146,525 | $142,402 | $137,211 | $136,063 |
| Robert K Gooch IV | — | $158,370 | $146,524 | $142,402 | $137,234 | $122,909 |
| Jeffrey N Vaughan | $150,246 | — | — | — | — | — |
| Jeremy S Robinson | $139,419 | — | — | — | — | — |
| Michael J Moxley | $138,291 | — | — | — | — | — |
| Teresa J Morris | $77,072 | $72,621 | $64,960 | $64,805 | $1,755 | $1,755 |
| Teresa Morris | — | — | — | $64,805 | — | — |
| John D Farrish | — | — | — | $22,484 | — | — |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Ibt Local No 29 is a member-serving organization based in Verona, VA, formed in 1963.
Questions for Ibt Local No 29
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The union represents an association of workers in collective bargaining with their employers to secure better wages, working conditions and benefits.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.4M | $1.3M |
| InvestmentsLn 11–13 | $0 | $249K |
| Land, buildings, equipmentLn 10c | $232K | $229K |
| Total assetsLn 16 | $1.6M | $1.8M |
| LiabilitiesLn 26 | $567 | $858 |
| Net assetsLn 32 | $1.6M | $1.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1K | $0 | ||
| Benefits paid to or for membersLn 4 | $60K | $0 | ||
| Pay of current officers, directors and key staffLn 5 | $438K | $0 | $0 | $0 |
| Other salaries and wagesLn 7 | $78K | $0 | $0 | $0 |
| Pension plan contributionsLn 8 | $145K | $0 | $0 | $0 |
| Other employee benefitsLn 9 | $93K | $0 | $0 | $0 |
| Payroll taxesLn 10 | $42K | $0 | $0 | $0 |
| Legal feesLn 11b | $17K | $0 | $0 | $0 |
| Accounting feesLn 11c | $7K | $0 | $0 | $0 |
| Office expensesLn 13 | $15K | $0 | $0 | $0 |
| OccupancyLn 16 | $11K | $0 | $0 | $0 |
| TravelLn 17 | $26K | $0 | $0 | $0 |
| Conferences, conventions and meetingsLn 19 | $233 | $0 | $0 | $0 |
| Depreciation, depletion and amortizationLn 22 | $9K | $0 | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $349K | $0 | $0 | $0 |
| All other expensesLn 24e | $14K | $0 | $0 | $0 |
| Total functional expensesLn 25 | $1.3M | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $1.4M | $1.3M | $123K | $1.8M | 990 PDF |
| FY2024 | $1.3M | $1.3M | $26K | $1.6M | 990 PDF |
| FY2023 | $1.3M | $1.2M | $124K | $1.6M | 990 PDF |
| FY2022 | $1.2M | $1.0M | $168K | $1.5M | 990 PDF |
| FY2021 | $1.2M | $1.0M | $193K | $1.3M | 990 PDF |
| FY2020 | $970K | $886K | $84K | $1.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $1,428,390 revenue, 12 lines filed
Part VI · Governance 0 of 8 board members independent, 1 to look at
Part VIII · Statement of revenue $1,428,390 across 5 lines filed
Part IX · Statement of functional expenses $1,305,292 across 16 lines filed
Part X · Balance sheet $1,769,049 assets, 9 lines filed
Part XI · Reconciliation of net assets $1,768,191 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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