International Association Of Machinists & Aerospace Workers
- Assets
- $202.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 12/1940
- Data as of
- 12/2023
- EIN
- 42-0712611
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Davenport, IA. 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 12/2023, International Association Of Machinists & Aerospace Workers generated $75.3k 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 (3.4%) each year. All expenses for the organization totaled $36.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.3%) 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
2023
Describe the Organization's Program Activity:
Part 3
FOR THE BETTERMENT OF WAGES, HOURS & WORKING CONDITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Allen President (former) | 10 | $265 | |
Samuel Edwards Trustee | 0.5 | $384 | |
Albert Melody Recording Secretary | 10 | $1,312 | |
Jeremy Vercautren Vice President | 10 | $3,518 | |
Albertina Taylor President | 10 | $3,168 | |
Steve Miller Trustee (former) | 0.5 | $233 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $74,369 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $927 |
| Total Revenue | $75,299 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,783 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $480 |
| Printing, publications, postage, and shipping | $51 |
| Other expenses | $5,011 |
| Total expenses | $36,325 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,642 |
| Other assets | $0 |
| Total assets | $202,150 |
| Total liabilities | $0 |
| Net assets or fund balances | $202,150 |