International Association Of Machinists & Aerospace Workers is located in Lincoln, NE. 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 $56.7k 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 (5.1%) each year. All expenses for the organization totaled $57.9k during the year ending 12/2022. 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
THE BETTERMENT OF WAGES HOURS AND WORKING CONDITIONS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Billy Anderson Trustee | 1 | $1,201 | |
| Mike S Benedict Trustee(former) | 1 | $88 | |
| Patrick A Frederick President | 1 | $3,628 | |
| Brian Messman Trustee | 1 | $178 | |
| Jake E Hegler Recording Secretary(former) | 4 | $683 | |
| Matt Elstun Conductor Sentinel | 1 | $501 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $53,129 | 
| Investment income | $1,351 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $2,219 | 
| Total Revenue | $56,699 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $42,187 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $1,761 | 
| Printing, publications, postage, and shipping | $215 | 
| Other expenses | $13,754 | 
| Total expenses | $57,917 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,809 | 
| Other assets | $0 | 
| Total assets | $131,495 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $131,495 |