INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION 7 LOCAL UNION

EIN: 382625191 Employment

LANSING, MI

Total Revenue
$4,194,520
Total Expenses
$3,711,944
Total Assets
$5,433,534
Net Assets
$5,409,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MI
Principal Officer
SAMUAL FULLER
Phone
5178824064
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION 7 LOCAL UNION, founded in 1985, is a community nonprofit in the Employment sector that reported $4.2M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $3.7M left a modest 12% surplus.

Mission

TO MAINTAIN COLLECTIVE BARGAINING CONTRACTS, REPRESENT EMPLOYEES AND PERFORM OTHER DUTIES THAT ARE PART OF THE COLLECTIVE BARGAINING PROCESS.

Program Service Accomplishments

Program 1

MAINTAINED BARGAINING CONTRACTS, PERFORMED EMPLOYEE REPRESENTATION, AND OTHER DUTIES RELATED TO LABOR RELATIONS AND THE BARGAINING PROCESS. THE UNION CURRENTLY HAS 2,140 MEMBERS.

Program 2

YOUTH-TO-YOUTH PROGRAMS - THESE PROGRAMS HAVE THE PURPOSE OF TRAINING APPRENTICES IN ORGANIZING AND INDUSTRY PROMOTIONAL SKILLS. IT OFFERS APPRENTICES INSTRUCTION IN LABOR UNION HISTORY, THEORY AND...

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YOUTH-TO-YOUTH PROGRAMS - THESE PROGRAMS HAVE THE PURPOSE OF TRAINING APPRENTICES IN ORGANIZING AND INDUSTRY PROMOTIONAL SKILLS. IT OFFERS APPRENTICES INSTRUCTION IN LABOR UNION HISTORY, THEORY AND METHODOLOGY, INCLUDING PRACTICAL EXPERIENCE IN ORGANIZING TECHNIQUES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,187,616
Investment Income $6,904
Other Revenue $0
TOTAL REVENUE $4,194,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,205,761
Fundraising Expenses $0
Other Expenses $1,506,183
TOTAL EXPENSES $3,711,944

Year-over-Year Comparison

2023 2022 Change
Revenue $4,194,520 $3,663,984 +0.1%
Expenses $3,711,944 $3,700,694 +0.0%
Net Income $482,576 $-36,710 -14.1%
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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Governance

Voting Members
13
Independent Members
10
Employees
116
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
4
$164,199
Total Directors
14
$121,144
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VANCE R SAUNDERS II TRUSTEE (ENDED 3/23) 0.20
Director
$79,001 $157 $79,158
KEVIN PEGLEY TRUSTEE 0.60
Director
$2,677 $749 $3,426
MIKE CARPENTER TRUSTEE 0.70
Director
$5,036 $756 $5,792
DIRK KOSLOSKI EXECUTIVE BOARD 0.40
Director
$1,037 $434 $1,471
EARL CHARBONNEAU EXECUTIVE BOARD 1.00
Director
$1,794 $1,221 $3,015
TATE BROWN EXECUTIVE BOARD 0.60
Director
$1,206 $468 $1,674
JEFFREY KEELER EXECUTIVE BOARD 0.60
Director
$1,133 $749 $1,882
STEVE BATOR JR EXECUTIVE BOARD 0.30
Director
$3,958 $355 $4,313
JESSE COX EXECUTIVE BOARD 0.60
Director
$3,565 $810 $4,375
DAVID JANOFSKI EXECUTIVE BOARD 1.30
Director
$2,576 $1,722 $4,298
GREGG JOHNSON RECORDING SECRETARY 0.30
Officer Director
$847 $158 $1,005
ADAM SHIPLEY VICE PRESIDENT 0.50
Officer Director
$3,064 $533 $3,597
CHRIS MCFARLAND PRESIDENT 0.80
Officer Director
$1,694 $916 $2,610
RON MOORE TRUSTEE 0.80
Director
$3,640 $888 $4,528
SAMUAL FULLER FINANCIAL SECRETARY/TREASURER 40.00
Officer
$116,234 $40,753 $156,987
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 $4,194,520 $3,711,944 $5,433,534 $482,576
2022 $3,663,984 $3,700,694 $4,955,570 $-36,710
2021 $3,639,000 $3,478,967 $4,986,661 $160,033
2020 $3,309,828 $2,942,479 $4,827,347 $367,349
2019 $3,465,875 $3,237,557 $4,454,728 $228,318
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