International Association Of Machinists & Aerospace Workers is located in Sacramento, CA. 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 $148.0k 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 (4.8%) each year. All expenses for the organization totaled $143.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) 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
FOR THE BETTERMENT OF WAGES HOURS AND WORKING CONDITIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Drost Pt Secrfetarytreasurer | 39 | $14,929 | |
Paul Govoni Pt Trustee | 0 | $1,148 | |
Steve Grenz Pt Trustee | 0 | $1,148 | |
George Hobbs Pt Conductor | 0 | $766 | |
Kenneth L James Pt Vice President | 0 | $3,583 | |
Randall E Mccrum Pt Recording Secretary | 0 | $3,828 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $140,310 |
| Investment income | $711 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,008 |
| Total Revenue | $148,029 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,443 |
| Salaries, other compensation, and employee benefits | $41,753 |
| Professional fees and other payments to independent contractors | $1,105 |
| Occupancy, rent, utilities, and maintenance | $38,820 |
| Printing, publications, postage, and shipping | $16,221 |
| Other expenses | $41,794 |
| Total expenses | $143,136 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,512 |
| Other assets | $0 |
| Total assets | $383,283 |
| Total liabilities | $0 |
| Net assets or fund balances | $383,283 |