International Association Of Machinists & Aerospace Workers
- Assets
- $317.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Channahon, IL
- Founding
- 08/1966
- Data as of
- 12/2021
- EIN
- 36-1830515
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Channahon, IL. The organization was established in 1966. 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 $55.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $59.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Citarelli Secretary-Treasurer | 10 | $5,815 | |
Michael Pasteris President | 1 | $1,849 | |
Richard Adams Recording Secretary | 1 | $1,560 | |
Timothy O'brien Vice President | 1 | $784 | |
John Preisler Conductor Sentinel | 0.5 | $784 | |
Ronald Peters Trustee | 0.5 | $392 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $55,468 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,157 |
| Total Revenue | $55,711 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $11,658 |
| Salaries, other compensation, and employee benefits | $30,649 |
| Professional fees and other payments to independent contractors | $5,495 |
| Occupancy, rent, utilities, and maintenance | $8,184 |
| Printing, publications, postage, and shipping | $55 |
| Other expenses | $2,243 |
| Total expenses | $59,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,422 |
| Other assets | $0 |
| Total assets | $317,422 |
| Total liabilities | $0 |
| Net assets or fund balances | $317,422 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Brotherhood Of Teamsters Mokena, IL | $4,769,558 | $10,858,947 |
International Association Of Machinists & Aerospace Workers Bridgeton, MO | $5,305,929 | $9,768,648 |
Mra-The Management Association Inc Waukesha, WI | $15,359,430 | $10,314,261 |
Roofers Local No 20 Health & Welfare Fund Raytown, MO | $13,204,087 | $9,919,039 |
Intl Union Of Opr Engr 399 Chicago, IL | $20,270,806 | $9,806,691 |
United Food And Commercial Workers International Union Louisville, KY | $8,499,352 | $8,985,996 |
International Brotherhood Of Teamsters Indianapolis, IN | $13,967,842 | $12,728,266 |
International Brotherhood Of Teamsters Louisville, KY | $2,607,709 | $9,487,514 |
International Association Of Machinists & Aerospace Workers Aurora, IL | $12,973,053 | $7,920,129 |
International Brotherhood Of Electrical Workers St Louis, MO | $19,946,616 | $11,754,252 |
United Food And Commercial Workers International Union Chicago, IL | $6,636,234 | $9,237,927 |
International Association Of Sheet Metal Air Rail & Transportation St Louis, MO | $10,736,172 | $8,939,637 |