International Association Of Sheet Metal Air Rail & Transportation is located in Wilkes Barre, PA. 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. As of 12/2023, International Association Of Sheet Metal Air Rail & Transportation employed 6 individuals. 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 $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 8 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
TO ORGANIZE WORKERS AND TO SECURE IMPROVED WAGES, EMPLOYEE BENEFITS AND WORKING CONDITIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS AND SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Peet Trustee | Trustee | 5 | $250 |
Richard Waugh Executive Board | Trustee | 5 | $1,400 |
Blaine Madara Executive Board | Trustee | 5 | $1,400 |
Michael Serrano Trustee | Trustee | 5 | $250 |
Andrew Diltz Executive Board | Trustee | 5 | $313 |
Thomas Conner Business Representative | Officer | 40 | $99,212 |
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 | $1,173,666 |
Investment income | $19,169 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,380 |
Net Gain/Loss on Asset Sales | $3,124 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,206,339 |
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 | $35,612 |
Compensation of current officers, directors, key employees. | $497,955 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $54,839 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,555 |
Payroll taxes | $20,736 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,180 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,287 |
Fees for services: Other | $4,500 |
Advertising and promotion | $3,921 |
Office expenses | $12,204 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $65,308 |
Travel | $16,457 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,690 |
Interest | $24,298 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47,896 |
Insurance | $36,835 |
All other expenses | $10,408 |
Total functional expenses | $1,159,215 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $603,946 |
Savings and temporary cash investments | $57,663 |
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 | $924,626 |
Investments—publicly traded securities | $732,844 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,319,079 |
Accounts payable and accrued expenses | $0 |
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 | $677,540 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,623 |
Total liabilities | $679,163 |
Net assets without donor restrictions | $1,639,916 |
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 | $0 |
Total liabilities and net assets/fund balances | $2,319,079 |