INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS (EIN 430337345) - 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

1920

Legal Domicile

Principal Officer

Theodore J Schulte

Phone

3147396217

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 1920, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $413K, a strong 21% operating margin.

Mission

The betterment of wages hours and working conditions of represented 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $599,945

Investment Income $1,319,129

Other Revenue $35,011

TOTAL REVENUE $1,954,085

Expense Breakdown

Grants Paid $0

Salaries & Benefits $511,507

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,024,426

TOTAL EXPENSES $1,540,683

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,954,085	$1,559,022	+0.3%
Expenses	$1,540,683	$2,774,992	-0.4%
Net Income	$413,402	$-1,215,970	-1.3%

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

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

$200,006

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Theodore Schulte	Secretary/Treasurer	40.00	Officer Highest	$123,822	$0	$123,822
Scott Hargis	President	40.00	Officer	$65,488	$0	$65,488
Kimberly Heaney	Trustee	1.00	Officer	$2,416	$0	$2,416
Steven Lanham	Conductor/Sentinel	1.00	Officer	$2,012	$0	$2,012
Joshua Palmer	Trustee	1.00	Officer	$1,844	$0	$1,844
Jason Quinley	Recording/Secretary	3.00	Officer	$1,786	$0	$1,786
Michael Steinmeyer	Vice-President	1.00	Officer	$1,561	$0	$1,561
David Hillstead	Vice-President	1.00	Officer	$540	$0	$540
Steven Graham	Trustee	1.00	Officer	$537	$0	$537

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	$1,954,085	$1,540,683	$5,293,271	$413,402
2022	$1,559,022	$2,774,992	$4,870,600	$-1,215,970
2021	$1,721,684	$1,059,814	$6,084,299	$661,870
2020	$3,044,663	$585,256	$5,417,053	$2,459,407

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS