INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION

EIN: 366007524 Employment

CHICAGO, IL

Total Revenue
$209,569
Total Expenses
$183,345
Total Assets
$175,472
Net Assets
$175,472
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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
1969
Legal Domicile
IL
Principal Officer
SCOTT BOCKHOP
Phone
3122070906
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION, founded in 1969, is a small nonprofit in the Employment sector that reported $210K in total revenue in fiscal year 2024. Expenses of $183K left a modest 13% surplus.

Mission

WE ARE A NON PROFIT LABOR ORGANIZATION REPRESENTING RAILROAD EMPLOYEES AND COLLECTIVLY BARGAIN FOR FOR BETTER WAGES AND WORKING CONDITIONS.

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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 $202,929
Program Service Revenue $0
Investment Income $0
Other Revenue $6,640
TOTAL REVENUE $209,569

Expense Breakdown

Grants Paid $0
Salaries & Benefits $132,618
Fundraising Expenses $0
Program Expenses $183,345
Other Expenses $50,727
TOTAL EXPENSES $183,345

Year-over-Year Comparison

2024 2023 Change
Revenue $209,569 $197,222 +0.1%
Expenses $183,345 $179,586 +0.0%
Net Income $26,224 $17,636 +0.5%
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
256
Independent Members
N/A
Employees
15
Volunteers
15

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
15
$110,990
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD H ENNIS LOCAL CHAIRMAN 25
Officer
$15,943 $5,256 $21,199
JESUS VELASQUEZ VLC CLAIMS 25
Officer
$15,067 $3,217 $18,284
SCOTT BOCKHOP SECRETARY & TREASURER 20
Officer
$14,667 $214 $14,881
JOSEPH W JOHNSON VLC CMS 20
Officer
$14,436 $0 $14,436
PETER J COTTO ASSISTANT VLC VACATIONS 15
Officer
$11,977 $280 $12,257
STEPHEN C RINI OTHER 15
Officer
$10,282 $0 $10,282
ESAU W PATTERSON 1ST VICE LOCAL CHAIRMAN 15
Officer
$8,094 $67 $8,161
SCOTT C WADSWORTH PRESIDENT 2
Officer
$4,259 $104 $4,363
JOSHUA R HENDRICKSON LEGISLATIVE REPRESENTATIVE 2
Officer
$3,311 $276 $3,587
LOUIS M PARKER OTHER 1
Officer
$1,284 $0 $1,284
WAYNE B CARSON VICE PRESIDENT 1
Officer
$1,062 $152 $1,214
RICHARD E SWEENEY TRUSTEE 1
Officer
$397 $67 $464
VINCENT P GERACI TRUSTEE 1
Officer
$260 $60 $320
MICHAEL G GORSKI TRUSTEE 1
Officer
$238 $20 $258
SCOTT HOPKINS OTHER 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 $209,569 $183,345 $175,472 $26,224
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