International Association Of Machinists & Aerospace Workers is located in Horicon, WI. 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. As of 12/2022, International Association Of Machinists & Aerospace Workers employed 57 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 $153.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $258.3k during the year ending 12/2022. 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
WORKING FOR THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS OF REPRESENTED MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS OF REPRESENTED MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Deblare Secretary Treasurer | Officer | 8 | $8,168 |
Jamie Lafleur Vice President | Officer | 2 | $7,330 |
Marla Ryan Recording Secretary | Officer | 2 | $6,622 |
Darrel Schepp President | Officer | 40 | $6,237 |
Rebecca Thill Conductor Sentinel | Officer | 1 | $2,756 |
Jason Nagler Trustee | Officer | 1 | $2,523 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $134,731 |
Investment income | $7,840 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,225 |
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 | $2,136 |
Miscellaneous Revenue | $0 |
Total Revenue | $153,772 |
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 | $0 |
Compensation of current officers, directors, key employees. | $42,492 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,737 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,165 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $18,040 |
Office expenses | $871 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,384 |
Travel | $1,226 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,153 |
Interest | $0 |
Payments to affiliates | $17,420 |
Depreciation, depletion, and amortization | $27,635 |
Insurance | $327 |
All other expenses | $55 |
Total functional expenses | $258,348 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,689 |
Savings and temporary cash investments | $69,476 |
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 | $320,228 |
Investments—publicly traded securities | $295,094 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,425 |
Total assets | $700,912 |
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 | $373,259 |
Paid-in or capital surplus, or land, building, or equipment fund | $327,653 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $700,912 |