International Association Of Machinists & Aerospace Workers is located in East Hartford, CT. 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 12/2021, International Association Of Machinists & Aerospace Workers generated $71.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $80.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THIS IS A LABOR ORGANIZATION. THE ACTIVITIES IT CONDUCTS IN FURTHERANCE OF ITS EXEMPT PURPOSES ARE CLOSELY INTERRELATED. THEREFORE, NO PRECISE ALLOCATION OF EXPENSES CAN BE MADE AMONG INDIVIDUAL ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pat Buzzee President | 5 | $0 | |
Paul Duff Secretary | 2 | $0 | |
Reagan Toohmey Vice President | 2 | $0 | |
Steve Smith Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $69,904 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,196 |
Total Revenue | $71,100 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,540 |
Professional fees and other payments to independent contractors | $1,545 |
Occupancy, rent, utilities, and maintenance | $3,000 |
Printing, publications, postage, and shipping | $98 |
Other expenses | $52,258 |
Total expenses | $80,441 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $109,614 |
Other assets | $0 |
Total assets | $115,108 |
Total liabilities | $0 |
Net assets or fund balances | $115,108 |
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