International Association Of Machinists & Aerospace Workers

Organization Overview

International Association Of Machinists & Aerospace Workers, operating under the name IAM and AW Local 1943, is located in Middletown, OH. 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 12/2021, IAM and AW Local 1943 employed 29 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. IAM and AW Local 1943 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 12/2021, IAM and AW Local 1943 generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 0.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BETTERMENT OF WAGES, HOURS AND WORKING

Describe the Organization's Program Activity:

Part 3 - Line 4a

BETTERMENT OF WORK RELATION BETWEEN EMPLOYEE AND EMPLOYER AND BUILDING BETTER WORKING RELATIONSHIPS BETWEEEN EMPLOYEES TO PRODUCE AND FOSTER A FRIENDLY AND PRODUCTIVE WORK ENVIRONMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Neil Douglas
President
$93,704
Kevin Cobb
Sec Treasurer
$87,522
Barbara Perkins
Admin Assistant
$55,774
Shawn Coffey
Vice President
$900
William Heater
Rec Secretary
$900
Wayne Heitfeld
Trustee
$573

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,756,313
Fundraising events$0
Related organizations$124,607
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$1,880,920
Total Program Service Revenue$7,437
Investment income $157,525
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 $2,045,882

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