International Association Of Sheet Metal Air Rail & Transportation is located in Las Vegas, NV. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Sheet Metal Air Rail & Transportation 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 Sheet Metal Air Rail & Transportation generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
UNIFY SHEET METAL WORKERS AND PROTECT THEIR INTERESTS AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNION CONTINUES TO PROVIDE THE HIGHLY SKILLED, TRAINED, SAFE AND PRODUCTIVE SHEET METAL WORKERS FOR THE RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL CONSTRUCTION INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hyrum Valdez President | Officer | 2 | $0 |
Michael Long Vice President | Officer | 1 | $0 |
Jonathan Uriarte Recording Secretary | Officer | 1 | $0 |
James Martinez Jr Executive Board | Trustee | 1 | $0 |
Ron Speigle Executive Board | Trustee | 1 | $0 |
Dwight Bass Executive Board | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
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 | $0 |
Total Program Service Revenue | $4,590,782 |
Investment income | $236,766 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $25,086 |
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 | $5,273,695 |
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 | $15,000 |
Compensation of current officers, directors, key employees. | $426,040 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $210,685 |
Pension plan accruals and contributions | $172,022 |
Other employee benefits | $228,709 |
Payroll taxes | $56,103 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,109 |
Fees for services: Accounting | $42,554 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $21,920 |
Office expenses | $215,152 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $68,524 |
Travel | $32,174 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,400 |
Interest | $0 |
Payments to affiliates | $750,317 |
Depreciation, depletion, and amortization | $115,464 |
Insurance | $52,002 |
All other expenses | $0 |
Total functional expenses | $2,692,016 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,711,812 |
Savings and temporary cash investments | $6,327,392 |
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 | $1,483,882 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $13,523,086 |
Accounts payable and accrued expenses | $38,368 |
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 | $38,368 |
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 | $13,484,718 |
Total liabilities and net assets/fund balances | $13,523,086 |