International Association Of Sheet Metal Air Rail & Transportation, operating under the name Smart Local 4-Sm, is located in Memphis, TN. 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, Smart Local 4-Sm employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Smart Local 4-Sm 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, Smart Local 4-Sm generated $851.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $939.1k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 7 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
TO PROVIDE BENEFITS TO UNION MEMBERS THROUGH COLLECTIVE BARGAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PENSION PLAN CONTRIBUTIONS/PER CAPITA UNION ASSESSMENTS
UNION ACTIVITIES INCLUDING MEETINGS, MARKET RECOVERY
UNION OFFICE ACTIVITIES, PAYROLL EXPENSE, INSURANCE EXPENSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James E Jones President | OfficerTrustee | 5 | $0 |
Mike Thorne Vice Pres/sec | OfficerTrustee | 40 | $0 |
Thomas Thorne E-Board | Trustee | 1 | $0 |
Peter Gregory E-Board | Trustee | 1 | $0 |
Josh Jones Conductor | Trustee | 1 | $0 |
Scott Holloway E-Board | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $287,546 |
Fundraising events | $0 |
Related organizations | $125,996 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $434,796 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $848,338 |
Total Program Service Revenue | $0 |
Investment income | $1,302 |
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 | $851,659 |
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 | $124,500 |
Compensation of current officers, directors, key employees. | $265,464 |
Compensation of current officers, directors, key employees. | $58,757 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $27,328 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $21,192 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $90,975 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $1,303 |
Conferences, conventions, and meetings | $35,554 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $939,062 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $767,382 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $664,141 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,431,523 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $1,431,523 |
Total liabilities and net assets/fund balances | $1,431,523 |