International Association Of Machinists & Aerospace Workers is located in Sheffield, AL. 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 $152.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $121.4k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 4 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
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 AND WORKING CONDITIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlie Borden President | 5 | $1,128 | |
Gregory D Daniel Vice President | 5 | $1,128 | |
William B Rodgers Financial Sectary | 3 | $1,128 | |
Kenny Holt Recording Serectary | 3 | $1,128 | |
Gregory B Daniel Conductor | 1 | $564 | |
Gary Hill Trustee | 1 | $1,128 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $111,049 |
| Investment income | $1,334 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $39,952 |
| Total Revenue | $152,335 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,420 |
| Salaries, other compensation, and employee benefits | $51,350 |
| Professional fees and other payments to independent contractors | $2,775 |
| Occupancy, rent, utilities, and maintenance | $20,905 |
| Printing, publications, postage, and shipping | $4,328 |
| Other expenses | $34,603 |
| Total expenses | $121,381 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $273,528 |
| Other assets | $0 |
| Total assets | $408,613 |
| Total liabilities | $0 |
| Net assets or fund balances | $408,613 |