International Association Of Machinists & Aerospace Workers, operating under the name Labor Union, is located in Gladstone, OR. 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 12/2021, Labor Union employed 38 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Labor Union 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, Labor Union generated $427.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $134.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BETTERMENT OF WAGES HOURS AND WORKING CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEMBERSHIP ELECTS THE OFFICERS AND DELEGATES OF THE ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Taylor Secretary Treasurer | Officer | 0 | $11,538 |
Aubria Hopes Vice President | Officer | 0 | $3,869 |
Shillia Dedmon Recording Secretary | Officer | 0 | $3,461 |
Larry Bickett President | Officer | 0 | $3,140 |
Ray Simonis Trustee | Officer | 0 | $2,885 |
Orlando Vance Conductor Sentinel | 0 | $2,308 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $218,551 |
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 | $218,551 |
Total Program Service Revenue | $0 |
Investment income | $193,692 |
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 | $427,572 |
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 | $0 |
Compensation of current officers, directors, key employees. | $51,960 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $115 |
Payroll taxes | $11,921 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,878 |
Fees for services: Accounting | $0 |
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 | $3,998 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,056 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $19,425 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $134,759 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $244,243 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,583,176 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,827,419 |
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 | $2,827,419 |
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 | $2,827,419 |
Organization Name | Assets | Revenue |
---|---|---|
Screen Actors Guild- American Federation Of Television And Radio Los Angeles, CA | $489,430,210 | $116,653,333 |
United Brotherhood Of Carpenters & Joiners Of America Los Angeles, CA | $343,008,964 | $113,955,046 |
Service Employees International Union Los Angeles, CA | $122,690,385 | $94,073,514 |
Service Employees International Union Los Angeles, CA | $37,940,292 | $71,749,846 |
International Union Of Operating Engineers Local 3 Alameda, CA | $96,789,606 | $67,758,955 |
Los Angeles County Professional Peace Officers Association San Dimas, CA | $7,676,247 | $51,684,882 |
United Teachers Los Angeles Los Angeles, CA | $51,917,660 | $49,880,266 |
Union Of California State Workers Sacramento, CA | $36,503,643 | $45,747,790 |
Service Employees International Union Oakland, CA | $59,492,320 | $48,330,532 |
United Brotherhood Of Carpenters & Joiners Of America Oakland, CA | $230,758,063 | $85,724,853 |
United Brotherhood Of Carpenters & Joiners Of America Kent, WA | $80,833,158 | $47,400,322 |
Directors Guild Of America Inc Los Angeles, CA | $101,897,715 | $40,881,424 |