International Association Of Machinists & Aerospace Grand Lodge
- Assets
- $292.6m
- Revenue
- $147.2m
- Investments
- $40.0m
- Employees
- 330
- Location
- Upper Marlboro, MD
- Founding
- 12/1940
- Data as of
- 12/2022
- EIN
- 53-6001417
Organization Overview
International Association Of Machinists & Aerospace Grand Lodge is located in Upper Marlboro, MD. 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 12/2022, International Association Of Machinists & Aerospace Grand Lodge employed 330 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Association Of Machinists & Aerospace Grand Lodge 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 Grand Lodge generated $147.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $141.9m during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 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.
Since 2014, International Association Of Machinists & Aerospace Grand Lodge has awarded 187 individual grants totaling $6,192,312. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZE ALL WORKERS FOR ECONOMIC, MORAL, & SOCIAL ADVANCEMENT OF THEIR CONDITIONS & STATUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE ALL WORKERS FOR ECONOMIC, MORAL, AND SOCIAL ADVANCEMENT OF THEIR CONDITIONS AND STATUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary R Allen Gen Vice President | Officer | 40 | $289,590 |
Mark Blondin Gen Vice President | Officer | 40 | $611,645 |
Brian Bryant Gen Vice President | Officer | 40 | $268,235 |
Dora Cervantes Gen Sec Treasurer | Officer | 40 | $284,574 |
Steven M Galloway Gen Vice President | Officer | 40 | $256,814 |
Richard D Johnsen Gen Vice President | Officer | 40 | $226,219 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emkay Inc Auto Leases And Expenses | 12/30/22 | $1,427,475 |
Prestige Av & Creative Service Convention Audio Visual Equipment | 12/30/22 | $751,648 |
Cohen Weiss And Simon Llp Legal Fees | 12/30/22 | $704,571 |
Kelly Press Inc Printing Expense | 12/30/22 | $406,448 |
Calibre Cpa Group Accounting And Auditing Expense | 12/30/22 | $387,587 |
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 | $118,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,777 |
| Total Program Service Revenue | $133,609,076 |
| Investment income | $6,915,733 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $397,453 |
| Net Rental Income | $92,868 |
| Net Gain/Loss on Asset Sales | $6,034,867 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $102,552 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $147,216,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $799,997 |
| Grants and other assistance to domestic individuals. | $48,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,000 |
| Benefits paid to or for members | $1,100,592 |
| Compensation of current officers, directors, key employees. | $4,349,506 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,229,937 |
| Pension plan accruals and contributions | $10,242,002 |
| Other employee benefits | $14,812,763 |
| Payroll taxes | $6,869,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,607,177 |
| Fees for services: Accounting | $326,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $736,024 |
| Fees for services: Other | $1,574,440 |
| Advertising and promotion | $46,889 |
| Office expenses | $3,598,128 |
| Information technology | $481,734 |
| Royalties | $0 |
| Occupancy | $1,687,335 |
| Travel | $9,501,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,918,474 |
| Interest | $0 |
| Payments to affiliates | $3,503,050 |
| Depreciation, depletion, and amortization | $1,315,251 |
| Insurance | $952,923 |
| All other expenses | $1,255,303 |
| Total functional expenses | $141,899,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,143,196 |
| Savings and temporary cash investments | $18,937,344 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,164,053 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $355,000 |
| Inventories for sale or use | $1,454,942 |
| Prepaid expenses and deferred charges | $660,997 |
| Net Land, buildings, and equipment | $11,485,085 |
| Investments—publicly traded securities | $215,489,924 |
| Investments—other securities | $39,997,627 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $895,665 |
| Total assets | $292,583,833 |
| Accounts payable and accrued expenses | $456,009 |
| 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 | $1,112,114 |
| Total liabilities | $1,568,123 |
| Net assets without donor restrictions | $290,771,406 |
| Net assets with donor restrictions | $244,304 |
| 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 | $292,583,833 |
Grants Awarded
Over the last fiscal year, International Association Of Machinists & Aerospace Grand Lodge has awarded $499,255 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR RETIRED AMERICANS PURPOSE: CONTRIBUTIONS | $27,726 |
AVIATION HIGH SCHOOL PURPOSE: CONTRIBUTIONS | $10,000 |
ASIAN PACIFIC AMERICAN LABOR ALLIANCE AFL-CIO PURPOSE: CONTRIBUTIONS | $10,000 |
COALITION OF BLACK TRADE UNIONISTS PURPOSE: SPONSORSHIPS | $10,000 |
CONSORTIUM FOR WORKERS EDUCATION INC PURPOSE: CONTRIBUTIONS | $65,000 |
EMERGE AMERICA PURPOSE: SPONSORSHIPS | $10,000 |