Form 990 for tax year 2024
Filed by JOHN H LYONS SR SCHOLARSHIP FOUNDATION.
Totals
- Total revenue
- $477,519
- Total expenses
- $351,649
- Contributions and grants received
- $506,802
- Grants paid
- $305,412
- Program service revenue
- $0
- Investment income
- $35,218
- Other revenue
- -$64,501
- Total assets, end of year
- $1,095,927
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,095,927
- Program services expenses (Part IX)
- $305,412
- Management and general expenses
- $46,237
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $305,412
Program services were 86.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1d · Related organizations
$189,700
-
1f · All other contributions, gifts and grants
$317,102
-
3 · Investment income
total $35,218 · excluded $35,218
-
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
-
7d · Net gain or loss
total $0
-
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
$76,629
-
10b · Cost of goods sold
$141,130
-
10c · Net income from sales of inventory
total -$64,501 · excluded -$64,501
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $54,912 · program services $54,912
-
2 · Grants to domestic individuals
total $249,000 · program services $249,000
-
3 · Grants to foreign organizations and individuals
total $1,500 · program services $1,500
-
4 · Benefits paid to or for members
total $0
-
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 $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $44,615 · management and general $44,615
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,622 · management and general $1,622
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $179,559 · end of year $163,977
-
2 · Savings and temporary cash investments
beginning of year $670,658 · end of year $15,166
-
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
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $689,000
-
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 $119,840 · end of year $227,784
-
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 $899,997 · end of year $1,080,779
-
28 · Net assets with donor restrictions
beginning of year $70,060 · end of year $15,148
Mission and programs · 2024
Mission
THE ORGANIZATION WAS CREATED BY THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRONWORKERS (IABSORIW) TO PROVIDE EDUCATIONAL RESOURCES TO QUALIFIED APPLICANTS.
Activities or mission (Part I)
THE ORGANIZATION WAS CREATED BY THE INTERNATIONAL ASSOC. OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRONWORKERS TO PROVIDE EDUCATIONAL RESOURCES TO QUALIFIED APPLICANTS.
-
PROVIDED ACADEMIC SCHOLARSHIPS OF VARIOUS AMOUNTS TO 58 QUALIFIED APPLICANTS.
Expenses $250,500 · Grants $250,500
-
TO PROVIDE FINANCIAL PROPERTY AND IN-KIND ASSISTANCE TO INDIVIDUALS AND FAMILIES ADVERSELY AFFECTED BY NATURAL AND OTHER DISASTERS.
Expenses $54,912 · Grants $54,912
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ERIC DEAN
PRESIDENT
- Total calculated
- $592,819
- From this org
- $0
- From related orgs
- $510,705
- Other
- $82,114
- Hours/week
- 1 + 52 related
Schedule J breakdown matched by us
- Base
- $0 + $450,626 related
- Bonus
- $0
- Other
- $0 + $60,079 related
- Deferred
- $0 + $45,711 related
- Nontaxable benefits
- $0 + $36,403 related
- Filer's total
- $0 + $592,819 related
-
KEVIN BRYENTON
SECRETARY
- Total calculated
- $553,356
- From this org
- $0
- From related orgs
- $460,188
- Other
- $93,168
- Hours/week
- 1 + 52 related
Schedule J breakdown matched by us
- Base
- $0 + $358,057 related
- Bonus
- $0
- Other
- $0 + $102,131 related
- Deferred
- $0 + $73,656 related
- Nontaxable benefits
- $0 + $19,512 related
- Filer's total
- $0 + $553,356 related
-
JAMES MAHONEY
TREASURER
- Total calculated
- $545,012
- From this org
- $0
- From related orgs
- $433,621
- Other
- $111,391
- Hours/week
- 1 + 52 related
Schedule J breakdown matched by us
- Base
- $0 + $315,721 related
- Bonus
- $0
- Other
- $0 + $117,900 related
- Deferred
- $0 + $75,261 related
- Nontaxable benefits
- $0 + $36,130 related
- Filer's total
- $0 + $545,012 related
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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN:
- THE TRUSTEES OF THE BRIDGE AND IRON WORKERS STAFF RETIREMENT PLAN FROM TIME TO TIME SHALL SELECT THOSE EMPLOYEES WHO ARE ELIGIBLE TO PARTICIPATE IN THE SUPPLEMENTAL PLAN. THE EMPLOYEES SELECTED SHALL CONSIST OF THE CONSTITUTIONAL OFFICERS (AS DEFINED IN THE CONSTITUTION OF THE IABSORIW) AND WHO WOULD OTHERWISE RECEIVED BENEFITS PAYABLE FROM THE RETIREMENT PLAN EXCEPT FOR THE LIMIATIONS OF IRC SECTIONS 401(A)(17) OR 415. AN EMPLOYEE THAT PARTICIPATES IN THE SUPPLEMENTAL PLAN IS ELIGIBLE TO RECEIVE A BENEFIT UPON THE OCCURANCE OF EITHER RETIRING FROM THE EMPLOYMENT OF IABSORIW OR AFTER HE BEGINS TO RECEIVE A MANADTORY DISTRIBUTION PURSUANT TO LANGUAGE WITHIN THE RETIREMENT PLAN. PAYMENT OF THE EXCESS BENEFITS IS INTENDED TO PROVIDE CERTAIN PARTICIPANTS WITH A BENEFIT EQUAL TO ANY REDUCTION IN NORMAL RETIREMENT BENEFITS OR EARLY RETIREMENT BENEFITS UNDER THE RETIREMENT PLAN, RESULTING FROM THE LIMITATIONS IMPOSED UNDER IRC SECTION 415 AND/OR IRC SECTION 401(A)(17). THE FIRST YEAR OF PAYMENT TO THE PARTICIPANT WILL PAY A PORTION OF THE BENEFIT IN A LUMP SUM DISTRIBUTION. SUCH PARTIAL LUMP-SUM PAYMENT SHALL BE NOT LESS THAN THE APPLICABLE PERCENTAGE REQUIRED TO MEET THE MINIMUM FEDERAL WITHHOLDING AMOUNT FOR ONE-TIME PAYMENTS, NOT MORE THAN FIFTY (50) PERCENT OF THE PRESENT VALUE OF THE BENEFIT PAYABLE. FOR PURPOSES OF DETERMINING THE PRESENT VALUE OF SUCH BENEFIT, THE MORTALITY TABLE AND INTEREST RATE USED SHALL BE THE SAME AS USED BY THE RETIREMENT PLAN FOR FUNDING PURPOSES. ALL FUTURE BENEFIT PAYMENTS SHALL BE SUBJECT TO A CORRESPONDING ACTUARIAL REDUCTION. IN NO INSTANCE SHALL THE TOTAL OF THE BENEFITS PAYABLE FROM THE COMBINATION OF THE RETIREMENT PLAN AND THE SUPPLEMENTAL PLAN EXCEED THE BENEFITS, WHICH WOULD OTHERWISE HAVE BEEN PAID FROM THE RETIREMENT PLAN ALONE IN THE ABSENCE OF THE LIMITATIONS OF THE IRC SECTION 401(A)(17) OR 415.
- PART II, COLUMN C - DEFERRED COMPENSATION:
- THIS REPRESENTS THE ANNUAL CHANGE IN ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT PLAN, AS CALCULATED BY THE PLAN ACTUARY. THIS DOES NOT REPRESENT ACTUAL CASH OUTLAYS.
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
-
DC OF TEXAS & MID-SOUTH STATES
$49,500
HURRICANE BERYL RELIEF
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(5) · LABOR ORG · DC
Directly controlled by NA
-
IRONWORKERS POLITICAL EDUCATION FUND
527 · POLITICAL ORG · DC
Directly controlled by IABSORIW
-
IRONWORKERS POLITICAL ACTION LEAGUE
527 · POLITICAL ORG · DC
Directly controlled by IABSORIW
-
IRONWORKERS POLITICAL ACTION COMMITTEE
527 · political org · DE
Directly controlled by IABSORIW
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349306233
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