International Association Of Machinists & Aerospace Workers, operating under the name IAM&AW District Lodge 75, is located in Enterprise, AL. 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 12/2023, IAM&AW District Lodge 75 employed 24 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. IAM&AW District Lodge 75 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, IAM&AW District Lodge 75 generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 6 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
FOR THE BETTERMENT OF WAGES HOURS AND WORKING CONDITIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE BETTERMENT OF WAGES HOURS AND WORKING CONDITIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Lewellyn Trustee | Officer | 1 | $4,238 |
Margaret Monk Trustee | Officer | 1 | $3,682 |
Anthony Holton Trustee | Officer | 1 | $2,298 |
Terra Barnes Accounting Speecialist | Officer | 40 | $47,162 |
Randy Garrett Br | Officer | 40 | $138,557 |
William Griggs Br | Officer | 40 | $43,939 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $23,906 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,883,948 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,907,854 |
Total Program Service Revenue | $0 |
Investment income | $83,307 |
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 | $1,991,161 |
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 | $13,850 |
Compensation of current officers, directors, key employees. | $884,332 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $105,326 |
Other employee benefits | $176,080 |
Payroll taxes | $69,561 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,512 |
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 | $45,888 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $43,591 |
Travel | $101,502 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $277 |
Payments to affiliates | $9,633 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,603 |
All other expenses | $0 |
Total functional expenses | $1,611,654 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,435,904 |
Savings and temporary cash investments | $0 |
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 | $368,219 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,804,123 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $1,435,904 |
Paid-in or capital surplus, or land, building, or equipment fund | $368,219 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,804,123 |