INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS (EIN 366008558) - Form 990 Financial Analysis & Trantor Score

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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

1944

Legal Domicile

Principal Officer

Richard Nadeau

Phone

3036535343

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 1944, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $713K, a strong 16% operating margin.

Mission

For the betterment of wages hours of work 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,021,505

Program Service Revenue $0

Investment Income $298,747

Other Revenue $57,039

TOTAL REVENUE $4,377,291

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,420,403

Fundraising Expenses $0

Program Expenses $0

Other Expenses $243,529

TOTAL EXPENSES $3,663,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,377,291	$3,581,846	+0.2%
Expenses	$3,663,932	$4,599,388	-0.2%
Net Income	$713,359	$-1,017,542	-1.7%

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

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

$2,064,725

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE LOOS	FORMER PRESIDENT	40.00	Officer	$184,700	$33,819	$218,519
RICHARD NADEAU	SECRETARY TREASURER	40.00	Officer	$152,050	$14,945	$166,995
ANDREW SANDBERG	PRESIDENT	40.00	Officer	$162,420	$52,262	$214,682
JOSHUA COX	GENERAL CHAIRMAN	40.00	Officer	$142,462	$30,087	$172,549
JOHN DENNY	GENERAL CHAIRMAN	40.00	Officer Highest	$142,205	$33,160	$175,365
JUAN ESTRADA	GENERAL CHAIRMAN	40.00	Officer Highest	$144,106	$31,687	$175,793
JASON GIBBS	GENERAL CHAIRMAN	40.00	Officer Highest	$142,892	$39,364	$182,256
JAMES JACOBS	GENERAL CHAIRMAN	40.00	Officer	$141,847	$29,611	$171,458
KENNETH KRAUSE	GENERAL CHAIRMAN	40.00	Officer Highest	$143,097	$37,584	$180,681
SHAUN O'CONNOR	GENERAL CHAIRMAN	40.00	Officer	$41,361	$12,434	$53,795
JAMES ORWAN	GENERAL CHAIRMAN	40.00	Officer	$142,217	$23,884	$166,101
DANIEL TAVARES III	GENERAL CHAIRMAN	40.00	Officer Highest	$142,477	$44,054	$186,531

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	No data	No data	No data	No data
2023	$4,377,291	$3,663,932	$2,628,021	$713,359
2022	$3,581,846	$4,599,388	$2,045,997	$-1,017,542
2021	$4,046,431	$3,578,433	$3,069,981	$467,998
2020	$5,097,895	$4,668,981	$2,684,240	$428,914

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS