INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS (EIN 010442578) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Phone

2074477453

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS is a tax-exempt nonprofit with EIN 010442578, based in BATH, ME. Founded in 1945, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $240,064 in total revenue and $274,432 in total expenses, with net assets of $205,666.

Mission

Betterment of wages hours and working conditions for our members.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $232,806

Investment Income $5,706

Other Revenue $1,552

TOTAL REVENUE $240,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $274,432

TOTAL EXPENSES $274,432

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,064	$251,838	0.0%
Expenses	$274,432	$259,363	+0.1%
Net Income	$-34,368	$-7,525	+3.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$17,475

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DO HUNG	TRUSTEE	1.00	Officer	$0	$0	$0
MICHAEL TOME	TRUSTEE	1.00	Officer	$0	$465	$465
ANTHONY LEEMAN	PRESIDENT	1.00	Officer	$0	$11,142	$11,142
MARJORIE ALBERT	VICE PRESIDENT	1.00	Officer	$0	$1,008	$1,008
BRITNI BEAULIEU	CONDUCTOR SENTINEL	1.00	Officer	$0	$47	$47
HOLMAN TAMMIE	SECRETARY TREASURER	3.00	Officer	$0	$452	$452
LORRAINE BEAULIEU	RECORDING SECRETARY	2.00	Officer	$0	$425	$425
BENJAMIN BERRY	TRUSTEE	1.00	Officer	$0	$3,936	$3,936

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$240,064	$274,432	$205,666	$-34,368
2023	$251,838	$259,363	$240,034	$-7,525
2022	$255,505	$214,619	$247,559	$40,886
2021	$208,291	$150,625	$206,561	$57,666
2020	$249,830	$207,238	$148,898	$42,592

INTERNATIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS