International Association Of Sheet Metal Air Rail & Transportation, operating under the name Sheet Metal Workers International, is located in Faribault, MN. 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 12/2022, Sheet Metal Workers International employed 39 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sheet Metal Workers International 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, Sheet Metal Workers International generated $795.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $797.3k during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SETTLE DISPUTES BETWEEN UNION MEMBERS AND THEIR EMPLOYERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SETTLE DISPUTES BETWEEN UNION MEMBERS AND THEIR EMPLOYERS. TO ENSURE THAT MEMBERS ARE TREATED FAIRLY AND HAVE SAFE WORKING CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Travis Schultz Financial Se | Officer | 2 | $7,700 |
Stephanie Bottke Recording Se | Officer | 2 | $7,069 |
Theodor Rothstein President | Officer | 10 | $5,403 |
Pat Graff Vice Preside | Officer | 2 | $3,683 |
Glenn Hanson Exec Board | Trustee | 2 | $3,108 |
Milosh Koktavy Trustee | Trustee | 2 | $2,868 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $657,199 |
Investment income | $10,588 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $795,857 |
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. | $35,714 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $292,608 |
Pension plan accruals and contributions | $52,400 |
Other employee benefits | $0 |
Payroll taxes | $25,964 |
Fees for services: Management | $0 |
Fees for services: Legal | $28,091 |
Fees for services: Accounting | $0 |
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 | $13,839 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,021 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $29,733 |
Interest | $7,772 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,353 |
Insurance | $10,153 |
All other expenses | $8,907 |
Total functional expenses | $797,285 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $120,911 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $64,684 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,614 |
Prepaid expenses and deferred charges | $2,098 |
Net Land, buildings, and equipment | $240,056 |
Investments—publicly traded securities | $252,841 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $684,204 |
Accounts payable and accrued expenses | $34,315 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $137,844 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $282 |
Total liabilities | $172,441 |
Net assets without donor restrictions | $511,763 |
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 | $684,204 |