International Association Of Sheet Metal Air Rail Transportation is located in Dorchester, MA. 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, International Association Of Sheet Metal Air Rail Transportation employed 29 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 12/2023, International Association Of Sheet Metal Air Rail Transportation generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $10.5m during the year ending 12/2023. While expenses have increased by 21.8% per year over the past 3 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
THE COUNCIL USES THEIR COLLECTIVE BARGAINING POWER TO FIGHT FOR BETTER TRAINING, BENEFITS, AND WAGES FOR WORKERS AND A BETTER FUTURE FOR THE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COUNCIL USES THEIR COLLECTIVE BARGAINING POWER TO FIGHT FOR BETTER TRAINING, BENEFITS, AND WAGES FOR WORKERS AND A BETTER FUTURE FOR THE COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Butler President | Officer | 40 | $233,555 |
Russell Bartash Fst/exec Com./rec. Sec. | Officer | 40 | $215,030 |
Mike Burns Council Representative | Officer | 40 | $181,807 |
John Goode Council Representative | Officer | 40 | $180,502 |
Rick Keogh Council Representative | Officer | 40 | $184,290 |
Mike Sheehan Council Representative | Officer | 40 | $181,773 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
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 | $0 |
Total Program Service Revenue | $12,504,789 |
Investment income | $718,340 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$44,307 |
Net Gain/Loss on Asset Sales | -$149,361 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,512,774 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $142,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $415,873 |
Compensation of current officers, directors, key employees. | $2,605,328 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $383,991 |
Pension plan accruals and contributions | $1,304,687 |
Other employee benefits | $879,601 |
Payroll taxes | $261,207 |
Fees for services: Management | $0 |
Fees for services: Legal | $184,359 |
Fees for services: Accounting | $35,020 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,599 |
Fees for services: Other | $0 |
Advertising and promotion | $32,527 |
Office expenses | $44,786 |
Information technology | $83,218 |
Royalties | $0 |
Occupancy | $40,655 |
Travel | $320,225 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $348,922 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $218,160 |
Insurance | $146,363 |
All other expenses | $170,110 |
Total functional expenses | $10,486,458 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,090,800 |
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 | $1,899,628 |
Investments—publicly traded securities | $4,252,039 |
Investments—other securities | $12,356,530 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,387 |
Total assets | $24,600,384 |
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 | $673,233 |
Other liabilities | $125,794 |
Total liabilities | $799,027 |
Net assets without donor restrictions | $17,973,240 |
Net assets with donor restrictions | $5,828,117 |
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 | $24,600,384 |