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← INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATORS & ALLIED WORKERS

Form 990 for tax year 2024

Filed by INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATORS & ALLIED WORKERS.

Totals

Total revenue
$14,655,510
Total expenses
$15,166,324
Contributions and grants received
$0
Grants paid
$62,307
Program service revenue
$13,655,521
Investment income
$921,617
Other revenue
$78,372
Total assets, end of year
$32,742,434
Total liabilities, end of year
$549,850
Net assets or fund balances, end of year
$32,192,584
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: DUES AND ASSESSMENTS

    total $13,655,521 · related or exempt $13,655,521

  • 3 · Investment income

    total $941,046 · excluded $941,046

  • 5 · Royalties

    total $65,301 · excluded $65,301

  • 7a · Gross sales of assets other than inventory

    securities $4,752,815

  • 7b · Less cost or other basis and sales expenses

    securities $4,772,244

  • 7c · Gain or loss

    securities -$19,429

  • 7d · Net gain or loss

    total -$19,429 · excluded -$19,429

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $13,071 · related or exempt $13,071

  • 11e · Other revenue, total

    $13,071

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,675

  • 3 · Grants to foreign organizations and individuals

    total $51,632

  • 4 · Benefits paid to or for members

    total $716,758

  • 5 · Compensation of officers, directors and key employees

    total $3,533,515

  • 7 · Other salaries and wages

    total $2,620,263

  • 8 · Pension plan contributions

    total $865,319

  • 9 · Other employee benefits

    total $1,177,922

  • 10 · Payroll taxes

    total $328,388

  • 11b · Fees: legal

    total $115,548

  • 11c · Fees: accounting

    total $238,048

  • 11f · Fees: investment management

    total $153,943

  • 11g · Fees: other

    total $19,119

  • 13 · Office expenses

    total $928,668

  • 14 · Information technology

    total $781,450

  • 16 · Occupancy

    total $24,918

  • 17 · Travel

    total $1,605,350

  • 19 · Conferences, conventions and meetings

    total $13,017

  • 21 · Payments to affiliates

    total $380,687

  • 22 · Depreciation, depletion and amortization

    total $199,659

  • 23 · Insurance

    total $118,830

  • 24a · Other expenses: ORGANIZING EXPENSES

    total $984,302

  • 24b · Other expenses: EDUCATION & PUBLICITY

    total $298,313

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200,000 · end of year $200,000

  • 2 · Savings and temporary cash investments

    beginning of year $9,890,285 · end of year $9,722,225

  • 4 · Accounts receivable

    beginning of year $1,701,261 · end of year $1,533,320

  • 9 · Prepaid expenses and deferred charges

    beginning of year $408,970 · end of year $422,624

  • 10a · Land, buildings and equipment: cost or other basis

    $3,471,990

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,701,505

  • 10c · Land, buildings and equipment, net

    beginning of year $926,484 · end of year $770,485

  • 11 · Investments: publicly traded securities

    beginning of year $19,561,813 · end of year $20,025,412

  • 15 · Other assets

    beginning of year $56,028 · end of year $68,368

  • 17 · Accounts payable and accrued expenses

    beginning of year $264,021 · end of year $322,286

  • 25 · Other liabilities

    beginning of year $1,648,977 · end of year $227,564

  • 27 · Net assets without donor restrictions

    beginning of year $30,831,843 · end of year $32,192,584

Mission and programs · 2024

Mission

THE OBJECT OF THE INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS SHALL BE TO ASSIST ITS MEMBERSHIP IN SECURING EMPLOYMENT, TO DEFEND THEIR RIGHTS AND ADVANCE THEIR INTERESTS AS WORKING MEN AND WOMEN, AND BY EDUCATION AND CO-OPERATION, RAISE THEM TO THAT POSITION IN SOCIETY TO WHICH THEY ARE JUSTLY ENTITLED.

Activities or mission (Part I)

THE ORGANIZATION'S EXEMPT PURPOSE IS TO IMPROVE WORKING CONDITIONS AND LABOR RELATIONS FOR THE SKILLED WORKERS OF THIS TRADE.

  • THE ORGANIZATION'S EXEMPT PURPOSE IS TO IMPROVE WORKING CONDITIONS AND LABOR RELATIONS FOR THE SKILLED WORKERS OF THIS TRADE.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Leo Damaris

    INT'L VICE PRES

    Total calculated
    $272,726
    From this org
    $220,295
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,295
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $272,726
  • Terrance Larkin

    PRESIDENT

    Total calculated
    $494,124
    From this org
    $441,693
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $441,693
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $494,124
  • Paul Faulkner

    INT'L VICE PRES

    Total calculated
    $236,984
    From this org
    $203,930
    From related orgs
    $0
    Other
    $33,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,930
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $10,177
    Filer's total
    $236,984
  • Timothy Keane

    INT'L VICE PRES

    Total calculated
    $241,150
    From this org
    $218,273
    From related orgs
    $0
    Other
    $22,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,273
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $0
    Filer's total
    $241,150
  • Robert Reap

    TREASURER

    Total calculated
    $398,081
    From this org
    $375,204
    From related orgs
    $0
    Other
    $22,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $375,204
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $0
    Filer's total
    $398,081
  • Donald Stanley

    INT'L VICE PRES

    Total calculated
    $272,726
    From this org
    $220,295
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,295
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $272,726
  • Wade Logan

    INT'L VICE PRES

    Total calculated
    $240,763
    From this org
    $203,930
    From related orgs
    $0
    Other
    $36,833
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,930
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $13,956
    Filer's total
    $240,763
  • Brian Cavey

    INT'L VICE PRES

    Total calculated
    $280,997
    From this org
    $218,662
    From related orgs
    $0
    Other
    $62,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,662
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $39,458
    Filer's total
    $280,997
  • Michael Hickey

    INT'L VICE PRES

    Total calculated
    $271,540
    From this org
    $219,109
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,109
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $271,540
  • Richard Johnson

    INT'L VICE PRES

    Total calculated
    $271,093
    From this org
    $218,662
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,662
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $271,093
  • James Lister

    INT'L VICE PRES

    Total calculated
    $272,726
    From this org
    $220,295
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,295
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $272,726
  • Samuel Schultz

    INT'L VICE PRES

    Total calculated
    $280,608
    From this org
    $218,273
    From related orgs
    $0
    Other
    $62,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,273
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $39,458
    Filer's total
    $280,608
  • Robert McGuckin

    DIR OF ORGANIZING

    Total calculated
    $208,719
    From this org
    $156,288
    From related orgs
    $0
    Other
    $52,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,288
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $29,554
    Filer's total
    $208,719
  • Arthur Fadeley

    DIR OF MARKETING & CONST

    Total calculated
    $218,330
    From this org
    $155,995
    From related orgs
    $0
    Other
    $62,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,995
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $39,458
    Filer's total
    $218,330
  • William McGee

    JURISDICTIONAL DIRECTOR

    Total calculated
    $211,520
    From this org
    $156,625
    From related orgs
    $0
    Other
    $54,895
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,625
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $32,018
    Filer's total
    $211,520
  • Adam Melnick

    INT'L REP

    Total calculated
    $168,605
    From this org
    $145,728
    From related orgs
    $0
    Other
    $22,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,728
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $0
    Filer's total
    $168,605
  • Christina Bouchard

    ASSISTANT TO THE SEC-TREAS

    Total calculated
    $195,290
    From this org
    $132,955
    From related orgs
    $0
    Other
    $62,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,955
    Bonus
    $0
    Other
    $0
    Deferred
    $22,877
    Nontaxable benefits
    $39,458
    Filer's total
    $195,290

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

  • 1a · Travel for companions
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
SPOUSES MAY TRAVEL WITH PRESIDENT AND SECRETARY-TREASURER ON OCCASION. APPROPRIATE TAX PROVISIONS HAVE BEEN MADE FOR SUCH OCCASIONS.

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

  • INSULATORS INTERNATIONAL NON-FEDERAL POLITICAL ACTION COMMITTEE

    $7,625

    SUPPORT

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.

Provenance

Return type
form_990
Tax year
2024
Filed
10 March 2025
IRS schema version
2024v5.0
Source object
202530699349301303

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