International Association Of Machinists & Aerospace Workers
- Assets
- $414.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 12/1940
- Data as of
- 12/2022
- EIN
- 34-0308311
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Columbus, OH. 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 $85.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $103.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 4 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
BETTERMENT OF WAGES HOURS AND WORKING CONDITIONS FOR OUR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger D Allen Jr Trustee | 1 | $1,087 | |
David Predovic Trustee | 1 | $843 | |
Douglas Wells Trustee | 1 | $883 | |
Harold Walters President | 5 | $4,143 | |
Salvatore Ingrassia Vice President | 1 | $2,472 | |
Joseph P Vealey Recording Secretary | 4 | $2,472 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $85,190 |
| Investment income | $469 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,659 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,016 |
| Professional fees and other payments to independent contractors | $19,614 |
| Occupancy, rent, utilities, and maintenance | $19,767 |
| Printing, publications, postage, and shipping | $116 |
| Other expenses | $28,983 |
| Total expenses | $103,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $411,767 |
| Other assets | $0 |
| Total assets | $414,451 |
| Total liabilities | $0 |
| Net assets or fund balances | $414,451 |