International Association Of Machinics And Aerospace Workers is located in San Juan, PR. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Machinics And Aerospace Workers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, International Association Of Machinics And Aerospace Workers generated $141.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $150.2k during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BETTERMENTOFMEMEBRSWAGES,WORKINGCONDITIONSANDBENFITS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jose Rodriquez Baez Business Rep | 40 | $98,125 | |
Jose Lopez Sec Treasurer | 4 | $4,471 | |
Alfredo Gonzalez President | 4 | $960 | |
Javier Almazan Grand Lodge Rep | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $102,670 |
Investment income | $42 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $38,500 |
Total Revenue | $141,212 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $936 |
Salaries, other compensation, and employee benefits | $107,564 |
Professional fees and other payments to independent contractors | $4,100 |
Occupancy, rent, utilities, and maintenance | $8,458 |
Printing, publications, postage, and shipping | $188 |
Other expenses | $28,954 |
Total expenses | $150,200 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,281 |
Other assets | $0 |
Total assets | $17,281 |
Total liabilities | $0 |
Net assets or fund balances | $17,281 |