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 12/2022, Sm 48 employed 17 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 12/2022, Sm 48 generated $653.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $741.8k during the year ending 12/2022. While expenses have increased by 3.2% 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
2022
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 - 249; RETIRED - 160
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joshua Hunter Business Man | Officer | 40 | $82,015 |
Daniel Walden Business Rep | Officer | 40 | $69,954 |
Joshua Ledbetter Exec Board/p | Trustee | 40 | $43,208 |
Jonathan Atchison President | Trustee | 2 | $1,613 |
William Johnston Executive Bo | Trustee | 2 | $900 |
Matthew Newsome Recording Se | Trustee | 2 | $900 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $65,761 |
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 | $65,761 |
Total Program Service Revenue | $585,564 |
Investment income | $227 |
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 | $653,596 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $26,174 |
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. | $342,754 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,020 |
Pension plan accruals and contributions | $14,253 |
Other employee benefits | $13,788 |
Payroll taxes | $20,776 |
Fees for services: Management | $0 |
Fees for services: Legal | $627 |
Fees for services: Accounting | $13,145 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,197 |
Office expenses | $20,799 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,729 |
Travel | $22,383 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,397 |
Interest | $3,087 |
Payments to affiliates | $110,449 |
Depreciation, depletion, and amortization | $11,474 |
Insurance | $14,445 |
All other expenses | $0 |
Total functional expenses | $741,751 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $36,649 |
Savings and temporary cash investments | $761,235 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $104,816 |
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 | $1,712 |
Net Land, buildings, and equipment | $170,413 |
Investments—publicly traded securities | $0 |
Investments—other securities | $300,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,374,825 |
Accounts payable and accrued expenses | $81,928 |
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 | $22,457 |
Total liabilities | $104,385 |
Net assets without donor restrictions | $1,270,440 |
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 | $1,374,825 |
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 |
---|---|
J K JOHNSON MECHANICAL CONTRACTOR PURPOSE: WAGE ASSISTANCE | $14,011 |
SHOOK & FLETCHER PURPOSE: WAGE ASSISTANCE | $9,898 |