International Association Of Sheet Metal Air Rail & Transportation
- Assets
- $12.7m
- Revenue
- $9.4m
- Investments
- $209.1k
- Employees
- 61
- Location
- Maplewood, MN
- Founding
- 02/2015
- Data as of
- 06/2023
- EIN
- 41-1451497
Organization Overview
International Association Of Sheet Metal Air Rail & Transportation is located in Maplewood, MN. 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 06/2023, International Association Of Sheet Metal Air Rail & Transportation employed 61 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 06/2023, International Association Of Sheet Metal Air Rail & Transportation generated $9.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $8.1m during the year ending 06/2023. While expenses have increased by 2.8% per year over the past 7 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
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FULLY DEVELOP AND DEMONSTRATE THE POSSIBILITIES OF OUR TRADE IN THE VARIOUS FIELDS OF INDUSTRY AND TO PROTECT OUR RIGHTS THEREWITH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Fairbanks President/bu | OfficerTrustee | 52 | $151,289 |
Jason Damman Fin Sec/trea | OfficerTrustee | 44 | $128,491 |
Dave Holzer Business Age | 40 | $116,734 | |
Colin Beere Government A | 41 | $116,514 | |
Mike Gibbons Business Age | 40 | $116,447 | |
Joel Rasmussen Production | 40 | $116,315 |
Financial Statements
| 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 | $9,048,941 |
| Investment income | $253,992 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,366,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,674 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $128,000 |
| Compensation of current officers, directors, key employees. | $501,836 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,031,007 |
| Pension plan accruals and contributions | $465,136 |
| Other employee benefits | $210,702 |
| Payroll taxes | $147,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,157 |
| Fees for services: Accounting | $21,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,475 |
| Advertising and promotion | $267,762 |
| Office expenses | $162,684 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,341 |
| Travel | $84,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131,578 |
| Interest | $0 |
| Payments to affiliates | $2,273,688 |
| Depreciation, depletion, and amortization | $114,026 |
| Insurance | $78,528 |
| All other expenses | $1,220 |
| Total functional expenses | $8,149,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,865 |
| Savings and temporary cash investments | $2,144,312 |
| 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 | $431,507 |
| Investments—publicly traded securities | $8,734,679 |
| Investments—other securities | $209,071 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $520,011 |
| Total assets | $12,695,445 |
| 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 | $14,096 |
| Total liabilities | $14,096 |
| Net assets without donor restrictions | $12,681,349 |
| 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 | $12,695,445 |