International Association Of Sheet Metal Air Rail & Transportation is located in Charleston, SC. The organization was established in 2015. 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 Sheet Metal Air Rail & Transportation employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Sheet Metal Air Rail & Transportation 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 Sheet Metal Air Rail & Transportation generated $631.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $686.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S EXEMPT PURPOSE IS TO ACT AS A BARGAINING AGENT FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE JOBS AND BETTER WORKING CONDITIONS FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James C Hall Fin Sec/trea | OfficerTrustee | 40 | $99,242 |
Dillon Anderson Vice Preside | OfficerTrustee | 5 | $0 |
Larry Burdette Board Member | Trustee | 5 | $0 |
Frank Dover Trustee | OfficerTrustee | 5 | $0 |
Joseph Geisler Trustee | Trustee | $0 | |
Cole Hall Warden | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $537,790 |
Fundraising events | $0 |
Related organizations | $58,908 |
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 | $596,698 |
Total Program Service Revenue | $19,600 |
Investment income | $0 |
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 | $631,916 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $99,242 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $133,403 |
Pension plan accruals and contributions | $85,028 |
Other employee benefits | $30,113 |
Payroll taxes | $22,113 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $18,985 |
Information technology | $1,702 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $39,333 |
Interest | $7,419 |
Payments to affiliates | $156,092 |
Depreciation, depletion, and amortization | $20,215 |
Insurance | $9,527 |
All other expenses | $30,516 |
Total functional expenses | $686,557 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $143,169 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $419,095 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $562,264 |
Accounts payable and accrued expenses | $0 |
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 | $143,675 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,912 |
Total liabilities | $145,587 |
Net assets without donor restrictions | $416,677 |
Net assets with donor restrictions | $0 |
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 | $562,264 |