International Association Of Machinists & Aerospace Workers is located in Indianapolis, IN. As of 12/2022, International Association Of Machinists & Aerospace Workers employed 48 individuals. 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 $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 3 years. 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
FOR THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS OF REPRESENTED MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS OF REPRESENTED MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Hight Directing Bus. Rep. | OfficerTrustee | 40 | $96,548 |
David Gault Business Representative | Officer | 40 | $92,092 |
Tom King Trustee | Officer | 1 | $3,984 |
Pam Huth Trustee | Officer | 1 | $3,492 |
Justin Harness Conductor Sentinel | Officer | 1 | $3,223 |
Steve Smith Vice President | Officer | 1 | $2,398 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $64,150 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $64,150 |
Total Program Service Revenue | $860,129 |
Investment income | $25,749 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $26,500 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,058,688 |
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 | $0 |
Compensation of current officers, directors, key employees. | $204,956 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $95,292 |
Pension plan accruals and contributions | $10,544 |
Other employee benefits | $59,220 |
Payroll taxes | $24,670 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,578 |
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 | $12,991 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $33,458 |
Travel | $12,896 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,300 |
Interest | $0 |
Payments to affiliates | $561,698 |
Depreciation, depletion, and amortization | $72,907 |
Insurance | $23,213 |
All other expenses | $1,740 |
Total functional expenses | $1,224,920 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,176 |
Savings and temporary cash investments | $61,904 |
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 | $1,420 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $49,291 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $246,946 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $432,737 |
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 | $382,026 |
Paid-in or capital surplus, or land, building, or equipment fund | $50,711 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $432,737 |