International Association Of Machinists & Aerospace Workers is located in Norfolk, VA. The organization was established in 1966. 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 $54.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $61.6k 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
FOR THE BETTERMENT OF WAGES, HOURS & WORKING CONDITIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Cuffee Trustee | 1 | $450 | |
Donald Curry Recording Sec | 1 | $450 | |
Carlos Fernandez Trustee | 1 | $588 | |
John Franklin Trustee | 1 | $1,787 | |
Robert Johnson Conductor | 1 | $682 | |
Mary Lee President | 1 | $3,900 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $52,424 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,093 |
| Total Revenue | $54,517 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,768 |
| Professional fees and other payments to independent contractors | $3,270 |
| Occupancy, rent, utilities, and maintenance | $5,273 |
| Printing, publications, postage, and shipping | $1,406 |
| Other expenses | $12,868 |
| Total expenses | $61,585 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,539 |
| Other assets | $0 |
| Total assets | $124,824 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,824 |