International Association Of Machinists & Aerospace Workers is located in International Falls, 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. 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 12/2023, International Association Of Machinists & Aerospace Workers generated $136.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $146.3k during the year ending 12/2023. While expenses have increased by 20.5% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS OF REPRESENTED MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roberta Bernath Trustee | 1 | $4,703 | |
Jeffrey R Hoopman Vice President | 1 | $9,648 | |
Tami Jesme Recording Secretary | 3 | $4,689 | |
Raoul Lufbery Conductor Sentinel | 1 | $3,195 | |
Charlotte Marble Secretary Treasurer | 10 | $6,743 | |
Michael Schneider Trustee | 1 | $1,140 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $121,191 |
Membership dues | $0 |
Investment income | $106 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,879 |
Other Revenue | $12,626 |
Total Revenue | $136,802 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $64,311 |
Professional fees and other payments to independent contractors | $5,081 |
Occupancy, rent, utilities, and maintenance | $24,512 |
Printing, publications, postage, and shipping | $115 |
Other expenses | $52,328 |
Total expenses | $146,347 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,675 |
Other assets | $0 |
Total assets | $119,272 |
Total liabilities | $0 |
Net assets or fund balances | $119,272 |