International Association Of Machinists & Aerospace Workers
- Assets
- $240.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cresthill, IL
- Founding
- 08/1966
- Data as of
- 12/2023
- EIN
- 36-1830515
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Cresthill, 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 12/2023, International Association Of Machinists & Aerospace Workers generated $70.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (31.8%) each year. All expenses for the organization totaled $74.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
OPTIONAL N A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy O'brien Vice President | 1 | $903 | |
Frank Citarelli Secretary-Treasurer | 10 | $11,521 | |
John Preisler Conductor Sentinel | 5 | $0 | |
Michael Pasteris President | 1 | $1,440 | |
Richard Adams Recording Secretary | 1 | $1,653 | |
Ronald Peters Trustee | 0.5 | $1,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,344 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,989 |
| Total Revenue | $70,242 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,299 |
| Professional fees and other payments to independent contractors | $4,727 |
| Occupancy, rent, utilities, and maintenance | $4,946 |
| Printing, publications, postage, and shipping | $4,178 |
| Other expenses | $5,853 |
| Total expenses | $74,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $240,657 |
| Other assets | $0 |
| Total assets | $240,940 |
| Total liabilities | $0 |
| Net assets or fund balances | $240,940 |