International Association Of Machinists & Aerospace Workers
- Assets
- $2.0m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 83
- Location
- Denver, CO
- Founding
- 05/1963
- Data as of
- 12/2022
- EIN
- 36-6008558
Organization Overview
International Association Of Machinists & Aerospace Workers is located in Denver, CO. The organization was established in 1963. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, International Association Of Machinists & Aerospace Workers employed 83 individuals. 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 12/2022, International Association Of Machinists & Aerospace Workers generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOR THE BETTERMENT OF WAGES HOURS OF WORK AND WORKING CONDITIONS OF OUR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE BETTERMENT OF WAGES HOURS OF WORK AND WORKING CONDITIONS OF OUR MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Perry President | OfficerTrustee | 40 | $105,290 |
Kyle Loos President | OfficerTrustee | 40 | $160,268 |
Richard Nadeau Secretary Treasurer | Officer | 40 | $141,706 |
Derrick Battle General Chairman | Officer | 40 | $140,762 |
Joshua Cox General Chairman | Officer | 40 | $36,386 |
John Denny General Chairman | Officer | 40 | $132,037 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,629 |
| 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 | $2,629 |
| Total Program Service Revenue | $2,854,982 |
| Investment income | $152,493 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,581,846 |
| 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 | $783,457 |
| Compensation of current officers, directors, key employees. | $2,061,666 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $420,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $337,658 |
| Fees for services: Management | $13,215 |
| Fees for services: Legal | $97,870 |
| Fees for services: Accounting | $5,366 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $59,458 |
| Information technology | $1,493 |
| Royalties | $0 |
| Occupancy | $39,877 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $270,499 |
| Interest | $0 |
| Payments to affiliates | $300 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,862 |
| All other expenses | $29,270 |
| Total functional expenses | $4,599,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,112 |
| Savings and temporary cash investments | $311,346 |
| 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 | $18,260 |
| Investments—publicly traded securities | $1,496,279 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,045,997 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $2,045,997 |
| Total liabilities and net assets/fund balances | $2,045,997 |