International Association Of Machinists & Aerospace Workers is located in Henderson, NV. 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 12/2023, International Association Of Machinists & Aerospace Workers generated $115.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $121.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
IMPROVEMENT OF WAGES HOURS AND WORKING CONDITIONS OF THE MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Banks Secretary-Treasurer | 2 | $3,600 | |
Susan Bonney Recording Secretary | 2 | $2,160 | |
Anthony Busch Conductor Sentinel | 1 | $600 | |
Roderic Fields Trustee | 1 | $675 | |
Theresa Mccall Trustee | 1 | $675 | |
Karen Meixner Trustee | 1 | $675 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,118 |
| Investment income | $920 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $32,438 |
| Total Revenue | $115,476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,077 |
| Professional fees and other payments to independent contractors | $8,887 |
| Occupancy, rent, utilities, and maintenance | $21,052 |
| Printing, publications, postage, and shipping | $714 |
| Other expenses | $60,037 |
| Total expenses | $121,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $357,107 |
| Other assets | $0 |
| Total assets | $377,070 |
| Total liabilities | $0 |
| Net assets or fund balances | $377,070 |