International Association Of Machinists & Aerospace Workers
- Assets
- $297.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Conroy, IA
- Founding
- 12/1940
- Data as of
- 12/2023
- EIN
- 42-0755213
Organization Overview
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 12/2023, International Association Of Machinists & Aerospace Workers generated $96.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $126.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
FOR THE BETTERMENT OF WAGES, HOURS, AND WORKING CONDITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Geyer Trustee | 1 | $1,002 | |
Aaron Southard Trustee | 1 | $390 | |
Karla Waggener Conductor Sentinel | 1 | $390 | |
Lisa Kinnick President | 1 | $2,425 | |
John Welsh President | 1 | $3,610 | |
Therese Wheeler Secretary Treasurer | 8 | $20,329 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $84,525 |
| Investment income | $1,552 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,204 |
| Total Revenue | $96,281 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $87,377 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,408 |
| Printing, publications, postage, and shipping | $9,183 |
| Other expenses | $16,041 |
| Total expenses | $126,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $228,599 |
| Other assets | $0 |
| Total assets | $297,098 |
| Total liabilities | $0 |
| Net assets or fund balances | $297,098 |