INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL AND TRANSPORTATION WORKERS (EIN 464039786) - 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

2012

Legal Domicile

Principal Officer

MICHAEL COLEMAN

Phone

2027835880

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL AND TRANSPORTATION WORKERS, founded in 2012, is a mid-sized nonprofit in the Employment sector that reported $90.5M in total revenue in fiscal year 2023. The organization ran a surplus of $14.8M, a strong 16% operating margin.

Mission

THE INTERNATIONAL ASSOCIATION OF SHEET METAL, AIR, RAIL AND TRANSPORTATION WORKERS (SMART) IS A BROAD BASED UNION WHICH CONSISTS OF DULY CHARTERED LOCAL UNIONS, STATE, PROVINCIAL AND DISTRICT COUNCILS. THE UNION REPRESENTS WORKERS IN BUILDING TRADES, RAILROAD, PRODUCTION, BUS AND MASS TRANSIT AND SHIPYARD INDUSTRIES OF THE UNITED STATES AND CANADA. THE PURPOSE OF THE ORGANIZATION IS TO ENSURE A COOPERATIVE EFFORT DIRECTED TO FULLY DEVELOP AND DEMONSTRATE THE POSSIBILITIES OF OUR TRADES IN VARIOUS FIELDS OF INDUSTRY AND TO PROTECT WORKERS RIGHTS AS 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 $34,492

Program Service Revenue $84,013,829

Investment Income $6,083,094

Other Revenue $418,191

TOTAL REVENUE $90,549,606

Expense Breakdown

Grants Paid $1,794,992

Salaries & Benefits $38,066,318

Fundraising Expenses $0

Other Expenses $34,855,186

TOTAL EXPENSES $75,716,496

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,549,606	$84,456,341	+0.1%
Expenses	$75,716,496	$71,265,151	+0.1%
Net Income	$14,833,110	$13,191,190	+0.1%

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

1409

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

$5,381,024

Total Directors

$5,381,024

Key Employees

$3,430,932

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL COLEMAN	GENERAL PRESIDENT	40.00	Officer Director	$417,333	$34,885	$452,218
JOSEPH SELLERS JR	GENERAL PRESIDENT - FORMER	40.00	Officer Director	$210,295	$29,343	$239,638
JOSEPH POWELL	GENERAL SECRETARY-TREASURER	40.00	Officer Director	$451,684	$35,187	$486,871
JEREMY R FERGUSON	PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$344,576	$87,021	$431,597
DEREK EVANS	1ST GENERAL VICE PRESIDENT	4.00	Officer Director	$69,139	$5,568	$74,707
ARTHUR TOLENTINO	2ND GENERAL VICE PRESIDENT	4.00	Officer Director	$59,676	$26,689	$86,365
GARY MASINO	3RD GENERAL VICE PRESIDENT	4.00	Officer Director	$62,928	$39,336	$102,264
RICHARD H WERNER	4TH GENERAL VICE PRESIDENT	4.00	Officer Director	$64,426	$31,536	$95,962
CHRISTOPHER L GRIFFEY	5TH GENERAL VICE PRESIDENT	4.00	Officer Director	$62,928	$26,824	$89,752
TIMOTHY CARTER	6TH GENERAL VICE PRESIDENT	4.00	Officer Director	$36,832	$15,628	$52,460
BILLY KENYON	6TH GENERAL VICE PRESIDENT	4.00	Officer Director	$63,528	$26,749	$90,277
JAMEAL WALL	7TH GENERAL VICE PRESIDENT	4.00	Officer Director	$68,140	$5,568	$73,708
JOHN DANIEL	8TH GENERAL VICE PRESIDENT	4.00	Officer Director	$64,278	$27,336	$91,614
ROBERT BUTLER	9TH GENERAL VICE PRESIDENT	4.00	Officer Director	$64,176	$30,936	$95,112
RAY REASONS	10TH GENERAL VICE PRESIDENT	4.00	Officer Director	$26,094	$24,936	$51,030
LANCE DEYETTE	11TH GENERAL VICE PRESIDENT	4.00	Officer Director	$4,869	$25,423	$30,292
CHADRICK J ADAMS	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$212,944	$68,707	$281,651
ALVY HUGHES	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$237,017	$44,634	$281,651
BRENT LEONARD	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$237,017	$44,634	$281,651
JOE M LOPEZ	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$237,017	$44,634	$281,651
JAMIE C MODESITT	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$237,017	$44,634	$281,651
CALVIN STUDIVANT	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$219,168	$41,454	$260,622
JOHN D WHITAKER III	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$171,685	$33,285	$204,970
DAVID B WIER JR	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$217,517	$64,134	$281,651
GREGORY K HYNES	NATIONAL LEGISLATIVE DIRECTOR - TD	40.00	Officer Director	$237,017	$44,634	$281,651
CHARLES J CASSITY	ALTERNATE NATIONAL LEGISLATIVE DIRECTOR - TD	40.00	Officer Director	$222,573	$42,179	$264,752
GARY W CREST	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$49,909	$12,195	$62,104
JAMES C SANDOVAL	VICE PRESIDENT - TRANSPORTATION DIVISION	40.00	Officer Director	$59,352	$13,800	$73,152
DARRELL ROBERTS	ASSISTANT TO THE GP	40.00	Key Emp	$296,025	$34,218	$330,243
THOMAS WIANT	ASSISTANT TO THE GP	40.00	Key Emp	$241,296	$42,002	$283,298
DONNA SILVERMAN	ASSISTANT TO THE GP	40.00	Key Emp	$262,531	$32,642	$295,173
WHITE SAMUEL	DIRECTOR OF EDUCATION	40.00	Key Emp	$250,371	$33,389	$283,760
STEVE DODD	DIRECTOR OF GOV'T AFFAIRS	40.00	Key Emp	$283,901	$35,932	$319,833
CHRIS PASWISTY	DIRECTOR OF CANADIAN AFFAIRS	40.00	Key Emp	$285,701	$5,568	$291,269
JAMES WHITE	DIRECTOR OF STRATEGIC CAMPAIGNS	40.00	Key Emp	$250,371	$46,536	$296,907
JASON BENSON	DIRECTOR OF ORGANIZING	40.00	Key Emp	$155,379	$26,136	$181,515
DAVID GOODSPEED	DIRECTOR OF PRODUCTION	40.00	Key Emp	$283,901	$45,600	$329,501
THOMAS FISCHBACH	DIRECTOR OF JURISDICTION	40.00	Key Emp	$250,371	$24,936	$275,307
LOUISE MEDINA	DIRECTOR OF SPECIAL PROJECTS	40.00	Key Emp	$250,371	$24,936	$275,307
PAUL PIMENTEL	DIRECTOR OF COMMUNICATIONS	40.00	Key Emp	$237,929	$30,890	$268,819
ANTHONY SIMON	GENERAL CHAIRPERSON - TRANSPORTATION DIVISION	40.00	Highest	$344,040	$45,083	$389,123
RICHARD D LEE	GENERAL CHAIRPERSON - TRANSPORTATION DIVISION	40.00	Highest	$295,599	$54,635	$350,234
VINCENT TESSITORE JR	VICE CHAIRPERSON - TRANSPORTATION DIVISION	40.00	Highest	$305,571	$36,614	$342,185
JOHN M ELLIS	GENERAL CHAIRPERSON - TRANSPORTATION DIVISION	40.00	Highest	$288,145	$0	$288,145
KEVIN C BRODAR	GENERAL COUNSEL - TRANSPORTATION DIVISION	40.00	Highest	$275,703	$48,251	$323,954

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	$90,549,606	$75,716,496	$383,575,543	$14,833,110
2022	$84,456,341	$71,265,151	$338,446,824	$13,191,190
2021	$165,897,586	$63,673,277	$341,534,153	$102,224,309
2020	$82,985,639	$59,489,393	$294,123,286	$23,496,246
2019	$90,464,853	$74,087,732	$255,162,525	$16,377,121
2018	$81,978,097	$61,956,341	$220,932,585	$20,021,756

INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL AND TRANSPORTATION WORKERS