International Association Of Machinists & Aerospace Workers
- Assets
- $329.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somers Point, NJ
- Founding
- 12/1940
- Data as of
- 12/2022
- EIN
- 22-3680329
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Somers Point, NJ. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Machinists & Aerospace Workers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, International Association Of Machinists & Aerospace Workers generated $95.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $71.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LABOR UNION WORKING TOWARD THE BETTERMENT OF WAGES, HOURS AND WORKING CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Heffron President | 1 | $0 | |
Paul Solorzano Vice President | 1 | $0 | |
Eric Thomas Recording Secretary | 1 | $0 | |
Wendy Santora Secretary Treasurer | 4 | $14,000 | |
Paul Evrard Trustee | 1 | $1,165 | |
Robert Culberson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,255 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $173 |
| Total Revenue | $95,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,318 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $663 |
| Other expenses | $46,136 |
| Total expenses | $71,217 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,484 |
| Other assets | $0 |
| Total assets | $329,800 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,800 |