International Association Of Sheet Metal Air Rail & Transportation is located in Carol Stream, IL. 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 29 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 $4.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $4.8m during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 5 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
THE LOCAL'S MISSION IS TO ORGANIZE AND REPRESENT SHEET METAL WORKERS WITHIN THE LOCAL'S JURISDICTION FOR THEIR ECONOMIC, MORAL AND SOCIAL ADVANCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE WORKERS FOR THEIR ECONOMIC, MORAL AND SOCIAL ADVANCEMENT FOR THE YEAR END MEMBERSHIP OF 1,894.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher James Conductor | Officer | 3 | $1,325 |
David Wille Exec Board | Officer | 3 | $1,425 |
James Malone Exec Board | Officer | 3 | $1,425 |
Joe Hengels Former Exec Board | Officer | 3 | $700 |
John Daniel Pres / Bus Mgr | Officer | 40 | $236,661 |
Leo Resendez Warden | Officer | 3 | $1,325 |
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 | $119,133 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $119,133 |
Total Program Service Revenue | $4,681,164 |
Investment income | $143,974 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$12,132 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,933,065 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $68,285 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,417,220 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $733,193 |
Pension plan accruals and contributions | $380,864 |
Other employee benefits | $251,282 |
Payroll taxes | $131,167 |
Fees for services: Management | $0 |
Fees for services: Legal | $63,089 |
Fees for services: Accounting | $22,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $78,000 |
Advertising and promotion | $121,538 |
Office expenses | $104,695 |
Information technology | $61,470 |
Royalties | $0 |
Occupancy | $77,301 |
Travel | $126,361 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $41,000 |
Interest | $0 |
Payments to affiliates | $931,525 |
Depreciation, depletion, and amortization | $104,383 |
Insurance | $40,969 |
All other expenses | $17,514 |
Total functional expenses | $4,772,256 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,943,955 |
Savings and temporary cash investments | $4,520,515 |
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 | $412,340 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $703,366 |
Total assets | $7,580,176 |
Accounts payable and accrued expenses | $237,882 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $242,889 |
Total liabilities | $480,771 |
Net assets without donor restrictions | $7,099,405 |
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 | $7,580,176 |
Over the last fiscal year, International Association Of Sheet Metal Air Rail & Transportation has awarded $25,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
DEMOCRATIC PARTY OF ILLINOIS PURPOSE: CONTRIBUTION FOR GENERAL ADMINISTRATIVE EXPENSES OF THE ORGANIZATION | $10,000 |
IDCCA PURPOSE: CONTRIBUTION FOR GENERAL ADMINISTRATIVE EXPENSES OF THE ORGANIZATION | $15,000 |