International Association Of Machinists & Aerospace Workers is located in Vadnais Heights, MN. 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 62 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 $140.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $140.1k 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
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 |
---|---|---|---|
Daniel C Wicklem Vice President | Officer | 2 | $8,505 |
Charles O'keefe President | Officer | 2 | $6,999 |
Grant Whalen Secretary Treasurer | Officer | 12 | $6,873 |
Alec Nelson Trustee | Officer | 1 | $1,143 |
Samuel E Petty Conductor Sentinel | Officer | 1 | $1,073 |
Grant Ross Trustee | Officer | 1 | $1,050 |
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 | $138,728 |
Investment income | $1,320 |
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 | $140,469 |
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. | $29,933 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $48,298 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,838 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $773 |
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 | $1,996 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,526 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $870 |
Interest | $0 |
Payments to affiliates | $1,993 |
Depreciation, depletion, and amortization | $0 |
Insurance | $937 |
All other expenses | $0 |
Total functional expenses | $140,118 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $193,270 |
Savings and temporary cash investments | $689,501 |
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 | $15,914 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,546 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $900,231 |
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 | $882,771 |
Paid-in or capital surplus, or land, building, or equipment fund | $17,460 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $900,231 |
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Electrical Workers Local No 292 Vacation & Holliday Tr Fund Maple Grove, MN | $1,897,234 | $20,526,517 |
American Federation Of State County & Municipal Employees South St Paul, MN | $13,971,219 | $24,500,576 |
International Union Of Operating Engineers Minneapolis, MN | $24,562,358 | $20,752,936 |
Minnesota Teamsters Construction Division Fringe Benefit Funds Mendota Heights, MN | $30,866,404 | $23,683,343 |
Minnesota Nurses Association St Paul, MN | $18,618,225 | $17,502,340 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
Carpenters And Joiners Apprenticeship And Journeymen St Paul, MN | $20,144,324 | $15,253,021 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union St Paul, MN | $3,226,378 | $12,392,421 |
Wisconsin Fox River Valley Sheet Metal Workers Welfare Trust Waukesha, WI | $17,147,311 | $12,962,825 |
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