2024-01-17T17:20:41-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 410328882 INT'L ASSOC OF BRIDGE STRUCTURAL OR- NAMENTAL & REINFORCING IRON WORKERS #512 INTL 6514891488 851 PIERCE BUTLER ROUTE ST PAUL MN 55104 BARRY DAVIES BUSINESS MGR, FINANCIAL SEC/TREAS 6514891488 2024-01-16 1 BARRY DAVIES 999009999 1 ANN NEIL P01817922 6123764500 2024-01-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BARRY DAVIES 851 PIERCE BUTLER ROUTE ST PAUL MN 55104 7437719 0 X WWW.IRONWORKERS512.COM X 1937 MN TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF MEMBERS AND THEIR FAMILIES. 14 11 16 0 0 0 500235 0 5010836 5632477 286152 271918 57237 70309 5854460 5974704 45004 114900 123534 98776 2159519 2247749 0 0 0 3147756 3469773 5475813 5931198 378647 43506 12903069 13422866 24547 19959 12878522 13402907 X THE PURPOSE OF THIS LABOR UNION IS TO PROMOTE THE MATERIAL AND INTELLECTUAL WELFARE OF MEMBERS AND THEIR FAMILIES IN MINNESOTA, WISCONSIN, AND NORTH DAKOTA. TO SECURE, BY LEGAL AND PROPER MEANS, ADEQUATE WAGES, WORKING CONDITIONS AND OPPORTUNITIES OF EMPLOYMENT. TO ENCOURAGE MEMBERS TO REGISTER AND VOTE IN INTEREST OF OBTAINING HIGHER STANDARDS OF CITIZENSHIP AND SECURE ADEQUATE LEGISLATION WHICH WILL SAFEGUARD AND PROMOTE THE PRINCIPLES OF FREE COLLECTIVE BARGAINING. 0 0 LABOR UNION ACTIVITY. AT JUNE 30, 2023, APPROXIMATELY 2,207 MEMBERS COVERED. 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 32 0 1 16 1 0 0 0 0 0 0 0 0 X 14 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X BARRY R DAVIES 6514891499 851 PIERCE BUTLER ROUTE ST PAUL MN 55104 JOSH KALINA EXECUTIVE BOARD MEMBER 1.00 0.30 X 93677 0 95700 MIKE LOFTUS TRUSTEE 40.00 0.00 X 91666 0 95457 BRENT HARJU PRESIDENT 1.00 0.00 X X 2948 0 0 SAM GAVITT EXECUTIVE BOARD MEMBER 1.00 0.30 X 1856 0 0 PAT OLSON EXECUTIVE BOARD MEMBER 1.00 0.30 X 1688 0 0 KYLE PONCELET TRUSTEE 1.00 0.00 X 728 0 0 ERIC WICKOREN SERGEANT-AT-ARMS 1.00 0.00 X 603 0 0 TOUSSAINT MOORE JR TRUSTEE 1.00 0.00 X 554 0 0 JOE PETERSON EXAMINING COMMITTEE MEMBER 1.00 0.00 X 0 0 0 RYAN STEPKA EXECUTIVE BOARD MEMBER 1.00 0.30 X 0 0 0 JOHN RYAN EXAMINING COMMITTEE MEMBER 1.00 0.00 X 0 0 0 TROY SEBION VICE PRESIDENT 1.00 0.00 X X 0 0 0 ZACK HEISERMAN EXECUTIVE BOARD MEMBER 1.00 0.30 X 1575 0 0 CODY LUND RECORDING SECRETARY 1.00 0.30 X X 0 0 0 BARRY DAVIES BUSINESS MANAGER - FIN SEC 48.00 2.00 X 125248 0 105750 MARC JUREK BUSINESS AGENT 45.00 0.00 X 109876 0 101138 SCOTT JOHNSON BUSINESS AGENT 45.00 0.00 X 109493 0 101023 MIKE WALTERS BUSINESS AGENT 45.00 0.30 X 108785 0 100811 NATE O'REILLY BUSINESS AGENT 45.00 0.00 X 108429 0 100704 KEITH MUSOLF BUSINESS AGENT 45.00 0.30 X 110525 0 101333 867651 0 801916 6 0 1 0 0 ASSESSMENTS 310000 4268647 4268647 MONTHLY DUES 310000 784157 784157 IMPACT ASSESSMENTS 310000 579673 579673 5632477 324307 324307 1366385 8500 1427274 0 -60889 8500 -52389 -52389 37148 35741 1407 1407 MISCELLANEOUS 900099 68902 68902 68902 5974704 5632477 0 342227 40480 74420 98776 996601 281783 399801 438847 130717 13111 60900 49265 54113 23020 90733 92163 50345 1125315 64249 49208 MARKET RECOVERY 1070939 IMPACT EXPENSES 496909 OTHER EXPENSES 157640 LOCAL UNION OFFICER EXP 71863 5931198 55479 2780 988466 590858 103638 90948 58254 66128 595932 354070 203192 241862 11259893 12130973 234147 299317 12903069 13422866 21497 16909 3050 3050 24547 19959 X 12878522 13402907 12878522 13402907 12903069 13422866 X 43506 481679 -800 X X 0 1 X 1 0 IRONWORKERS POLITICAL EDUCATION FUND 1750 NEW YORK AVE NW WASHINGTON DC 20006 912078577 70920 IRONWORKERS LOCAL #512 POLITICAL FUND 851 PIERCE BUTLER ROUTE ST PAUL MN 55104 410328882 43100 1 0 0 PART I-A, LINE 1: $70,920 COLLECTIONS REMITTED TO THE INTERNATIONAL IRONWORKERS POLITICAL EDUCATION FUND AND $43,100 COLLECTED AND REMITTED TO IRONWORKERS LOCAL 512 COPE FUND AS A POLITICAL CONTRIBUTION. 595932 354070 241862 241862 OTHER 3050 3050 X PART X, LINE 2: THE UNION IS EXEMPT FROM FEDERAL AND MINNESOTA INCOME TAXES UNDER SECTION 501(C)(5) OF THE FEDERAL INTERNAL REVENUE CODE AND THE MINNESOTA STATUTES. THE UNION FOLLOWS THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX PROVISIONS. THIS STANDARD HAS NO EFFECT ON THE UNION'S CONSOLIDATED FINANCIAL STATEMENTS OR INCOME TAXES. 0 GIFTS/PRIZES/AWARDS 80 74420 1 X 0 0 0 BARRY DAVIES BUSINESS MANAGER - FIN SEC 125248 0 0 0 0 0 82121 0 23629 0 230998 0 0 0 KEITH MUSOLF BUSINESS AGENT 110525 0 0 0 0 0 77704 0 23629 0 211858 0 0 0 MARC JUREK BUSINESS AGENT 109876 0 0 0 0 0 77509 0 23629 0 211014 0 0 0 SCOTT JOHNSON BUSINESS AGENT 109493 0 0 0 0 0 77394 0 23629 0 210516 0 0 0 MIKE WALTERS BUSINESS AGENT 108785 0 0 0 0 0 77182 0 23629 0 209596 0 0 0 NATE O'REILLY BUSINESS AGENT 108429 0 0 0 0 0 77075 0 23629 0 209133 0 0 0 JOSH KALINA EXECUTIVE BOARD MEMBER 93677 0 0 0 0 0 72071 0 23629 0 189377 0 0 0 MIKE LOFTUS TRUSTEE 91666 0 0 0 0 0 71828 0 23629 0 187123 0 0 0 NATASHA GODBOUT DAUGHTER OF AN OFFICER 49062 COMPENSATION 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A ARTICLE III IS THE BASIS FOR THE ELECTION OF THE EXECUTIVE COMMITTEE MEMBERS WHICH INCLUDES 5 INDIVIDUALS. THIS IS A COMMITTEE OF MEMBERS ELECTED BY THE MEMBERSHIP. THE EXECUTIVE COMMITTEE ACTS LIKE A GOVERNING BOARD. THEY MAY ALL DECISIONS RELATING TO GOVERNANCE EXCEPT IF A CHANGE IS REQUIRED BY MEMBERSHIP APPROVAL. ALL RULE MAKING AUTHORITY IS DOCUMENTED IN THE BYLAWS AND THE INTERNATIONAL CONSTITUTION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FOUR CLASSES OF MEMBERS: JOURNEYMAN, APPRENTICE, HONORARY, AND LIFETIME. FORM 990, PART VI, SECTION A, LINE 7A JOURNEYMAN MEMBERS IN GOOD STANDING ARE ABLE TO VOTE FOR LOCAL UNION OFFICERS AND EXECUTIVE COMMITTEE MEMBERS AT ANNUAL REGIONAL MEETINGS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS/AMENDMENTS RENDERED BY THE ORGANIZATION'S GOVERNING BODIES/OFFICERS AS CONTAINED IN MEETING MINUTES ARE READ OFF AT THE REGULAR MONTHLY MEMBERSHIP MEETING AND ARE SUBJECT TO THE APPROVAL OF MEMBERSHIP BY VOICE AND VOTE. APPROVED AMENDMENTS ARE FORWARDED TO THE OFFICE OF THE GENERAL SECRETARY FOR PRESENTATION TO THE GENERAL EXECUTIVE BOARD OF THE INTERNATIONAL ASSOCIATION AND WILL NOT BECOME EFFECTIVE UNTIL THEY HAVE APPROVED THE CHANGES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED AT THE E-BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THIS CONFLICT OF INTEREST POLICY (THE "POLICY") IS TO PROTECT THE INTERESTS OF IRON WORKERS LOCAL UNION NO. 512 (THE "LOCAL UNION") WHEN IT IS CONTEMPLATING ENTERING INTO A CONTRACT TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF A MEMBER, OFFICER, EMPLOYEE OR AGENT OF THE LOCAL UNION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. ALL INTERESTED PERSONS WILL BE GIVEN AN OPPORTUNITY TO DISCLOSE TO THE EXECUTIVE COMMITTEE ANY MATERIAL FACTS REGARDING A POTENTIAL TRANSACTION OR ARRANGEMENT THAT MAY INVOLVE A CONFLICT OF INTEREST. A PERSON WHO IS DETERMINED BY THE EXECUTIVE COMMITTEE TO HAVE A CONFLICT OF INTEREST SHALL LEAVE THE MEETING DURING ANY DISCUSSION OF AND VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. THE MINUTES OF THE EXECUTIVE COMMITTEE SHALL CONTAIN: (1.) THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. (2.) THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVE TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE BUSINESS MANAGER-FINANCIAL SECRETARY/TREASURER AND ALL BUSINESS AGENTS IS OUTLINED IN THE ORGANIZATION'S BYLAWS. COMPENSATION AMOUNTS WERE APPROVED BY A MAJORITY OF MEMBERS IN GOOD STANDING BY APPROVING THE BYLAWS. COMPENSATION ADJUSTS ANNUALLY ARE BASED ON RATE CHANGES AS ALLOWED FOR UNDER COLLECTIVE BARGINNING AGREEMENTS THAT IMPACT ALL WORKING MEMBERS. COMPENSATION DISCUSSIONS ARE DOCUMENTED IN BOARD MINUTES. THIS PROCESS WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PAC BEGINNING NET ASSETS 9,368. PAC ENDING NET ASSETS -10,168. FORM 990, PART XII, LINE 1: MODIFIED CASH BASIS TC LOCAL UNION #512 OF BRIDGE STRCTRL ORNMNTL & REINFRCNG IRON WK BLDG CO 851 PIERCE BUTLER RTE ST PAUL MN 55104 411411305 RENTAL PROPERTY MN 501(C)(2) N/A IRONWORKERS LOCAL #512 0 IRONWORKERS LOCAL #512 COPE FUND 851 PIERCE BUTLER RTE ST PAUL MN 55104 410328882 POLITICAL FUND MN 527 N/A IRONWORKERS LOCAL #512 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 TC LOCAL UNION #512 OF BRIDGE STRCTRL ORNMNTL & REINFRCNG IRON WK BLDG CO K 104100 FAIR VALUE OF RENT