International Association Of Sheet Metal Air Rail & Transportation is located in Brewster, NY. The organization was established in 2015. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, International Association Of Sheet Metal Air Rail & Transportation employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Sheet Metal Air Rail & Transportation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, International Association Of Sheet Metal Air Rail & Transportation generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Michael Keon Recording Secretary | Officer | 2 | $2,800 | 
| Michael Colombo President | Officer | 40 | $135,580 | 
| Thomas M Pichero Business Agent | Officer | 40 | $134,342 | 
| John Malaspina Business Agent | Officer | 40 | $134,245 | 
| James Nester Business Agent | Officer | 40 | $133,442 | 
| Eugene Barbieri IV Organizer | Officer | 40 | $133,142 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $2,650,762 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $0 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,650,762 | 
| Total Program Service Revenue | $0 | 
| Investment income | $2,890 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $11,869 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $2,884,983 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $0 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $818,941 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $151,652 | 
| Pension plan accruals and contributions | $854,670 | 
| Other employee benefits | $0 | 
| Payroll taxes | $74,664 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $24,000 | 
| Fees for services: Accounting | $21,760 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $0 | 
| Office expenses | $86,116 | 
| Information technology | $19,410 | 
| Royalties | $0 | 
| Occupancy | $105,628 | 
| Travel | $31,582 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $16,883 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $1,347 | 
| Insurance | $27,071 | 
| All other expenses | $0 | 
| Total functional expenses | $2,744,649 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $588,572 | 
| Savings and temporary cash investments | $565,902 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $168,391 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $7,467 | 
| Prepaid expenses and deferred charges | $17,819 | 
| Net Land, buildings, and equipment | $2,950 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $426,682 | 
| Total assets | $1,777,783 | 
| Accounts payable and accrued expenses | $169,244 | 
| Grants payable | $0 | 
| Deferred revenue | $39,460 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $418,891 | 
| Total liabilities | $627,595 | 
| Net assets without donor restrictions | $1,150,188 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $0 | 
| Total liabilities and net assets/fund balances | $1,777,783 |