International Association Of Sheet Metal Air Rail & Transportation, operating under the name Sm 48, is located in Birmingham, AL. 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 12/2023, Sm 48 employed 13 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sm 48 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, Sm 48 generated $754.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $815.4k during the year ending 12/2023. While expenses have increased by 4.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE ECONOMIC WELFARE AND ADVANCEMENT OF THE MEMBERS OF THE LOCAL UNION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION/LABOR ORGANIZATION - MEMBERS SERVED ACTIVE - 302; RETIRED - 165
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Walden Business Man | Officer | 40 | $75,785 |
Joshua Hunter Business Mng | Officer | 40 | $66,590 |
Jonathan Atchison Business Age | Trustee | 40 | $16,231 |
Joshua Riner Executive Bo | Trustee | 2 | $600 |
William Johnston Executive Bo | Trustee | 2 | $400 |
Joshua Ledbetter Executive Bo | Trustee | 2 | $400 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $54,059 |
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 | $54,059 |
Total Program Service Revenue | $676,464 |
Investment income | $23,325 |
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 | $754,895 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $45,000 |
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. | $262,502 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $122,845 |
Pension plan accruals and contributions | $42,641 |
Other employee benefits | $25,632 |
Payroll taxes | $36,110 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,370 |
Fees for services: Accounting | $15,045 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $500 |
Office expenses | $22,579 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $29,476 |
Travel | $23,144 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,826 |
Interest | $2,287 |
Payments to affiliates | $127,571 |
Depreciation, depletion, and amortization | $11,749 |
Insurance | $17,136 |
All other expenses | $0 |
Total functional expenses | $815,394 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,894 |
Savings and temporary cash investments | $854,107 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $75,210 |
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 | $1,863 |
Net Land, buildings, and equipment | $169,485 |
Investments—publicly traded securities | $0 |
Investments—other securities | $323,171 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,440,730 |
Accounts payable and accrued expenses | $197,851 |
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 | $32,938 |
Total liabilities | $230,789 |
Net assets without donor restrictions | $1,209,941 |
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 | $1,440,730 |
Over the last fiscal year, International Association Of Sheet Metal Air Rail & Transportation has awarded $23,909 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SHOOK & FLETCHER PURPOSE: WAGE ASSISTANCE | $9,898 |
J K JOHNSON MECHANICAL CONTRACTOR PURPOSE: WAGE ASSISTANCE | $14,011 |