Bridge Structural & Ornamental Iron Workers Local Union 25 is a 501(c)(5) organization based in Novi, Michigan, registered in 1944, with $9,953,068 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$10.0M
▲ 5.5% vs prior year
Expenses (FY2023)
$7.0M
Net assets
$25.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bridge Structural & Ornamental Iron Workers Local Union 25— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bridge Structural & Ornamental Iron Workers Local Union 25: 44 mo reserves · +30% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bridge Structural & Ornamental Iron Workers Local Union 25— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bridge Structural & Ornamental Iron Workers Local Union 25: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $5.5M (FY2013) to $10.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
29.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$25.4M
Total liabilities
$38K
Net assets
$25.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,953,068▲5.5% | $6,981,058▲0.1% | $25,334,692▲12.3% | $25,372,917▲12.3% | 990 |
| 2022 | $9,436,297▲3.8% | $6,977,210▲9.4% | $22,563,593▲14.1% | $22,598,471▲14.1% | 990 |
| 2021 | $9,087,563▼0.9% | $6,379,222▲1.2% | $19,773,620▲20.2% | $19,799,984▲16.8% | 990 |
| 2020 | $9,168,872▲18.3% | $6,301,217▲0.7% | $16,454,196▲15.6% | $16,954,825▲18.9% | 990 |
| 2019 | $7,747,539▲5.9% | $6,256,138▲3.3% | $14,228,588▲11.7% | $14,259,123▲11.7% | 990 |
| 2018 | $7,317,968▼6.3% | $6,055,901▲9.4% | $12,743,006▲11.0% | $12,761,932▲10.9% | 990 |
| 2017 | $7,809,404▲5.4% | $5,533,529▼0.6% | $11,484,853▲16.7% | $11,505,358▲12.1% | 990 |
| 2016 | $7,407,267▲7.6% | $5,565,368▲9.3% | $9,840,256▲23.0% | $10,267,514▲23.5% | 990 |
| 2015 | $6,881,433▲11.7% | $5,091,132▼1.7% | $7,998,357▲50.7% | $8,312,527▲46.2% | 990 |
| 2014 | $6,160,286▲12.4% | $5,180,580▼6.9% | $5,307,743▲22.6% | $5,684,371▲24.1% | 990 |
| 2013 | $5,479,298 | $5,562,486▲6.6% | $4,328,037▼1.9% | $4,582,254▼2.7% | 990 |
| 2012 | — | $5,218,417▼11.7% | $4,411,225▲4.5% | $4,711,112 | 990 |
| 2011 | — | $5,906,963▲12.1% | $4,221,706▼9.5% | $4,709,516▼1.6% | 990 |
| 2010 | — | $5,271,032 | $4,666,010 | $4,786,299 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bridge Structural & Ornamental Iron Workers Local Union 25 (EIN 38-0679172) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.