International Association Of Machinist & Aerospace Workers
- Assets
- $119.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling, MI
- Founding
- 12/1940
- Data as of
- 12/2021
- EIN
- 38-3017156
Organization Overview
International Association Of Machinist & Aerospace Workers is located in Sterling, MI. The organization was established in 1940. 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 Machinist & 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 Machinist & Aerospace Workers generated $69.7k 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 (6.6%) each year. All expenses for the organization totaled $40.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.3%) 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 |
|---|---|---|---|
Jack Brown President | 2 | $4,652 | |
Robert Romo Secretary-Treasurer | 10 | $4,238 | |
Catherine Thayer Recording Secretary | 1 | $280 | |
Jerry Banks Vice President | 1 | $280 | |
Scott Stajdl Trustee | 0.5 | $240 | |
Frank Maraskine Trustee | 0.5 | $160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $42,988 |
| Investment income | $26,120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $493 |
| Total Revenue | $69,701 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,460 |
| Professional fees and other payments to independent contractors | $1,031 |
| Occupancy, rent, utilities, and maintenance | $4,065 |
| Printing, publications, postage, and shipping | $502 |
| Other expenses | $3,144 |
| Total expenses | $40,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,982 |
| Other assets | $0 |
| Total assets | $119,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,071 |