International Association Of Machinists & Aerospace Workers is located in Conroy, IA. 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 12/2022, International Association Of Machinists & Aerospace Workers generated $87.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
FOR THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Therese Wheeler Secretary Treasurer | 8 | $17,017 | |
Sandra Freytag Recording Secretary | 4 | $6,807 | |
John Welsh President | 1 | $6,203 | |
Harvey Williams Conductor Sentinel | 1 | $3,812 | |
Jessie Lesure Trustee | 1 | $844 | |
Anita Garin Trustee | 1 | $814 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $83,939 |
Investment income | $1,090 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,549 |
Total Revenue | $87,363 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $74,794 |
Professional fees and other payments to independent contractors | $2,485 |
Occupancy, rent, utilities, and maintenance | $16,878 |
Printing, publications, postage, and shipping | $1,304 |
Other expenses | $22,585 |
Total expenses | $118,046 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $258,328 |
Other assets | $0 |
Total assets | $328,982 |
Total liabilities | $0 |
Net assets or fund balances | $328,982 |
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