INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS

EIN: 020599079

New London, CT

Total Revenue
$7,277,779
Total Expenses
$7,272,629
Total Assets
$1,849,584
Net Assets
$1,849,584
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CT
Principal Officer
Taylor Salman
Phone
8605543003
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 2002, is a community nonprofit that reported $7.3M in total revenue in fiscal year 2024.

Mission

Betterment of wages, hours and working conditions of our members.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,197,098
Investment Income $80,554
Other Revenue $127
TOTAL REVENUE $7,277,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,483,224
Fundraising Expenses $0
Program Expenses $7,266,699
Other Expenses $5,789,405
TOTAL EXPENSES $7,272,629

Year-over-Year Comparison

2024 2023 Change
Revenue $7,277,779 N/A N/A
Expenses $7,272,629 N/A N/A
Net Income $5,150 $0 N/A
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

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Governance

Voting Members
8
Independent Members
N/A
Employees
11
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
9
$5,100
Total Directors
0
$0
Key Employees
5
$815,169
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeffrey Santini Assisting Directing Business Rep 40
Key Emp Highest
$178,848 $0 $178,848
Patrick F Buzzee Business Rep 40
Key Emp
$174,956 $0 $174,956
Anthony J Walter Business Rep 40
Key Emp
$162,853 $0 $162,853
Dianna K Koch Business Rep 40
Key Emp
$162,853 $0 $162,853
Alberico Soares Business Representative 40
Key Emp
$135,659 $0 $135,659
Jeff A Perinetti Directing Business Rep 40
$30,420 $0 $30,420
Taylor Salman Secretary Treasurer 40
Officer
$2,100 $0 $2,100
James H Underhill President 0
Officer
$1,350 $0 $1,350
Kurt M Burkhart Secretary Treasurer 40
Officer
$1,200 $0 $1,200
Travis Williams President 4
Officer
$450 $0 $450
Bradley L Chase Vice President 0
Officer
$0 $0 $0
Christine M Mccormack Trustee 0
Officer
$0 $0 $0
Mary J White Trustee 0
Officer
$0 $0 $0
Heather J Merrick Trustee 0
Officer
$0 $0 $0
Paul A Pecorelli Conductor/Sentinel 0
Officer
$0 $0 $0
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 $7,277,779 $7,272,629 $1,849,584 $5,150
2023 $6,755,210 $6,308,888 $1,844,434 $446,322
2022 $6,617,362 $6,470,574 $1,398,112 $146,788
2021 $5,510,271 $5,353,016 $1,306,600 $157,255
2020 $5,113,371 $5,245,577 $1,161,824 $-132,206
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