International Association Of Machinists & Aerospace Workers
- Assets
- $222.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 04/1962
- Data as of
- 12/2022
- EIN
- 62-6047157
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Chattanooga, TN. The organization was established in 1962. 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 $51.1k 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 (6.0%) each year. All expenses for the organization totaled $35.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
FORTHEBETTERMENTOFWAGES,HOURSANDWORKINGCONDITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred W Cunningham Secretary Treasurer | 1 | $600 | |
William Seaman Vice President | 1 | $1,128 | |
Michael Lewis President | 1 | $600 | |
Aaron Redden Recording Secretary | 1 | $600 | |
Tony Workman Trustee | 1 | $1,128 | |
Bradley Sands Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $49,990 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,051 |
| Total Revenue | $51,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,255 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $15,684 |
| Printing, publications, postage, and shipping | $1,421 |
| Other expenses | $6,026 |
| Total expenses | $35,386 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $222,618 |
| Other assets | $0 |
| Total assets | $222,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,618 |