International Association Of Machinists & Aerospace Workers is located in Washington Township, NJ. 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 $57.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $62.6k 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
BETTERMENT OF WAGES, HOURS AND WORKING CONDITIONS FOR OR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Fostner Recording Secretary | 4 | $6,370 | |
Vincent Agosta Secretary-Treasurer | 4 | $5,323 | |
Ivan Miranda Trustee | 2 | $2,400 | |
Salvatore Foria President | 4 | $1,800 | |
Joseph Stewart Trustee | 1 | $768 | |
Rachel Arnold Trustee | 1 | $768 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $48,943 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $8,088 |
Total Revenue | $57,031 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $46,393 |
Professional fees and other payments to independent contractors | $509 |
Occupancy, rent, utilities, and maintenance | $4,800 |
Printing, publications, postage, and shipping | $2,212 |
Other expenses | $8,687 |
Total expenses | $62,601 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,382 |
Other assets | $0 |
Total assets | $83,382 |
Total liabilities | $0 |
Net assets or fund balances | $83,382 |
Organization Name | Assets | Revenue |
---|---|---|
International Brotherhood Of Elect Rical Workers Afl Cio Local Union Reading, PA | $13,723,869 | $11,802,055 |
Job Path Inc New York, NY | $6,163,326 | $11,263,874 |
Retail Wholesale & Department Store Union Mineola, NY | $29,272,355 | $11,831,057 |
Job Security Fund Of The Electrician Industry Flushing, NY | $52,385,137 | $17,745,693 |
International Union Of Elevator Constructors Long Island City, NY | $9,679,194 | $9,677,459 |
International Brotherhood Of Electrical Workers Pittsburgh, PA | $59,018,257 | $12,499,078 |
United Public Service Employees Union Ronkonkoma, NY | $6,741,991 | $9,628,547 |
Correction Officers Benevolent Association Inc East Elmhurst, NY | $8,988,774 | $10,149,949 |
International Union Of Bricklayers And Allied Craftworkers Long Island City, NY | $44,952,937 | $11,024,872 |
United Food And Commercial Workers International Union Egg Harbor Township, NJ | $11,004,960 | $9,097,690 |
American Federation Of Teachers Philadelphia, PA | $14,334,010 | $9,621,040 |
Utility Workers Union Of America Afl Cio New York, NY | $7,443,731 | $8,889,821 |