Form 990 for tax year 2025
Filed by IRONWORKER MANAGEMENT PROGRESSIVE ACTION COOPERATIVE TRUST.
Totals
- Total revenue
- $28,485,888
- Total expenses
- $28,075,626
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $27,518,724
- Investment income
- $967,164
- Other revenue
- $0
- Total assets, end of year
- $29,095,388
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $29,095,388
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: CONTRIBUTIONS
total $27,518,724
-
3 · Investment income
total $1,071,495 · excluded $1,071,495
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,969,059
-
7b · Less cost or other basis and sales expenses
securities $2,073,390
-
7c · Gain or loss
securities -$104,331
-
7d · Net gain or loss
total -$104,331 · excluded -$104,331
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $1,889,795
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $27,473
-
11c · Fees: accounting
total $96,064
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $6,958
-
11g · Fees: other
total $7,753,842
-
12 · Advertising and promotion
total $148,725
-
13 · Office expenses
total $203,696
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $227,903
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,420,849
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $11,654,505
-
22 · Depreciation, depletion and amortization
total $7,719
-
23 · Insurance
total $17,704
-
24a · Other expenses: SUBSTANCE ABUSE TESTING
total $1,474,229
-
24b · Other expenses: LICENSING & SUBSCRIPTIONS
total $988,453
-
24c · Other expenses: PROMOTIONAL ITEMS
total $110,221
-
24d · Other expenses: TRADE SHOWS
total $47,490
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,282,308 · end of year $5,891,807
-
2 · Savings and temporary cash investments
beginning of year $9,414,156 · end of year $9,100,601
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$825,561
-
10b · Land, buildings and equipment: accumulated depreciation
$811,057
-
10c · Land, buildings and equipment, net
beginning of year $19,189 · end of year $14,504
-
11 · Investments: publicly traded securities
beginning of year $13,478,734 · end of year $14,088,476
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $27,194,387 · end of year $29,095,388
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2025
Mission
THE PRIMARY MISSION OF IMPACT IS TO EXPAND THE JOB OPPORTUNITIES FOR UNION IRONWORKERS AND THEIR SIGNATORY CONTRACTORS THROUGH PROGRESSIVE AND INNOVATIVE LABOR MANAGEMENT COOPERATIVE PROGRAMS.
Activities or mission (Part I)
TO PROMOTE THE UNION IRONWORKERS INDUSTRY AND INCREASE MARKET SHARE
-
IMPACT IS A JOINT LABOR-MANAGEMENT, NON PROFIT TRUST WHOSE MISSION OF IMPACT IS TO EXPAND THE JOB OPPORTUNITIES FOR UNION IRONWORKERS AND THEIR SIGNATORY CONTRACTORS.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kevin HiltonKEVIN HILTON
CHIEF EXECUTIVE OFFICER
- Total calculated
- $498,519
- From this org
- $363,227
- From related orgs
- $0
- Other
- $135,292
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $324,643
- Bonus
- $0
- Other
- $38,584
- Deferred
- $84,575
- Nontaxable benefits
- $50,717
- Filer's total
- $498,519
-
William BrownWILLIAM BROWN
CO-CHARIMAN
- Total calculated
- $0
- Hours/week
- 40
-
Eric DeanERIC DEAN
CO-CHARIMAN
- Total calculated
- $0
- Hours/week
- 40
-
Kevin BryentonKEVIN BRYENTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
James MahoneyJAMES MAHONEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark ThomasMARK THOMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jeff GreenJEFF GREEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John WilsonJOHN WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Alissa SchneiderALISSA SCHNEIDER
TRUSTEE (THRU 10/24/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Christopher RustCHRISTOPHER RUST
TRUSTEE (EFF. 10/25/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Will TrummWILL TRUMM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Shawn NehileySHAWN NEHILEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mike O'SullivanMIKE O'SULLIVAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stephen SweeneySTEPHEN SWEENEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Joseph MerlinoJOSEPH MERLINO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Gregory ChristyGREGORY CHRISTY
TRUSTEE (THRU 04/30/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Ron StarkeyRON STARKEY
TRUSTEE (EFF. 05/01/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Richard BrownRICHARD BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David BeardDAVID BEARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Isaac PritchettISAAC PRITCHETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kendall MartinKENDALL MARTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Keith HopperKEITH HOPPER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jerry WilsonJERRY WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Vince BosworthVINCE BOSWORTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michael BakerMICHAEL BAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Peter HayesPETER HAYES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David OsborneDAVID OSBORNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David McEuenDAVID MCEUEN
TRUSTEE (THRU 07/14/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Sean KelleySEAN KELLEY
TRUSTEE (EFF. 07/15/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Chris McClainCHRIS MCCLAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Allan HardingALLAN HARDING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Colin DanielsCOLIN DANIELS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jordan EastJORDAN EAST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
James P HannahJAMES P HANNAH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark McCormickMARK MCCORMICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Thomas WoodfordTHOMAS WOODFORD
TRUSTEE (THRU 01/08/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Jimmy BuissonJIMMY BUISSON
TRUSTEE (EFF. 01/09/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Brad MacLeanBRAD MACLEAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART II, LINE 1
- THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY AND REPORTED BY AN UNRELATED ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 24 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601179349301245
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.