INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS (EIN 060666131) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

Travis Williams

Phone

8602928577

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 1941, is a small nonprofit that reported $336K in total revenue in fiscal year 2024. Net assets of $1.0M represent 36 months of operating reserves.

Mission

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

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $303,233

Investment Income $29,609

Other Revenue $2,873

TOTAL REVENUE $335,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,535

Fundraising Expenses $0

Program Expenses $0

Other Expenses $255,515

TOTAL EXPENSES $332,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$335,715	$335,730	0.0%
Expenses	$332,050	$211,328	+0.6%
Net Income	$3,665	$124,402	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$52,035

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen L Blanchard	Recording Secretary	12	Officer Highest	$20,783	$0	$20,783
Paul Duff	Trustee	6	Officer	$16,273	$0	$16,273
Christine M McCormack	Trustee	10	Officer	$13,345	$0	$13,345
Robert Maclean Jr	Vice President	2	Officer	$1,634	$0	$1,634
Steven Mollison	Conductor Sentinel	1	Officer	$0	$0	$0
Lisa S Iacolino	Trustee	0	Officer	$0	$0	$0
Travis L Williams	President	40	Officer	$0	$0	$0
Victor P Ghidoni	Secretary Treasurer	40	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	$335,715	$332,050	$1,020,523	$3,665
2023	$335,730	$211,328	$1,016,858	$124,402
2022	$268,141	$248,897	$892,876	$19,244
2021	$304,788	$272,743	$868,800	$32,045
2020	$291,713	$158,293	$839,453	$133,420

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS