International Association Of Machinists & Aerospace Workers
- Assets
- $223.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmingdale, NY
- Founding
- 12/1940
- Data as of
- 12/2021
- EIN
- 11-6000869
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Farmingdale, NY. 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 $70.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $45.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
FOR BETTERMENT OF WAGES, HOURS AND WORKING CONDITIONS FOR OR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Hunt Local Chairman | 10 | $5,315 | |
Eric A Jimenez Secretary Treasurer | 10 | $3,453 | |
David P Negus President | 5 | $1,329 | |
Kendall Sawyer Recording Secretary | 3 | $1,329 | |
Nick Gingola Vice President | 1 | $1,135 | |
Richard Torres Vice President (past) | 1 | $74 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,864 |
| Investment income | $4,128 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,526 |
| Total Revenue | $70,518 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,929 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,550 |
| Printing, publications, postage, and shipping | $1,902 |
| Other expenses | $8,262 |
| Total expenses | $45,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $223,718 |
| Other assets | $0 |
| Total assets | $223,718 |
| Total liabilities | $2,655 |
| Net assets or fund balances | $221,063 |