INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION

EIN: 630126625 Employment

BIRMINGHAM, AL

Total Revenue
$934,408
Total Expenses
$820,612
Total Assets
$1,414,481
Net Assets
$1,323,737
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1903
Legal Domicile
AL
Principal Officer
DANIEL WALDEN
Phone
2053229016
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION, founded in 1903, is a small nonprofit in the Employment sector that reported $666K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $646K left a modest 3% surplus.

Mission

TO PROVIDE FOR THE ECONOMIC WELFARE AND ADVANCEMENT OF THE MEMBERS OF THE LOCAL UNION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,059
Program Service Revenue $839,746
Investment Income $35,922
Other Revenue $4,681
TOTAL REVENUE $934,408

Expense Breakdown

Grants Paid $0
Salaries & Benefits $494,710
Fundraising Expenses $0
Other Expenses $325,902
TOTAL EXPENSES $820,612

Year-over-Year Comparison

2024 2023 Change
Revenue $934,408 $754,895 +0.2%
Expenses $820,612 $815,394 +0.0%
Net Income $113,796 $-60,499 -2.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
N/A
Employees
12
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
1
$146,060
Total Directors
17
$245,371
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL WALDEN BUSINESS MAN 40.00
Officer
$92,552 $53,508 $146,060
JONATHAN ATCHISON BUSINESS AGE 40.00
Director
$74,984 $49,887 $124,871
CARLOS WHITE REC SEC/ORGA 40.00
Director
$68,152 $46,748 $114,900
JUSTIN HEATHCOAT PRESIDENT 2.00
Director
$2,100 $0 $2,100
JOSHUA LEDBETTER EXECUTIVE BO 2.00
Director
$800 $0 $800
NORMAN ADAMS EXECUTIVE BO 2.00
Director
$700 $0 $700
RUSSELL BROWN VICE PRESIDE 2.00
Director
$500 $0 $500
KYLE QUINN VICE PRESIDE 2.00
Director
$500 $0 $500
DUSTY EADY EXECUTIVE BO 2.00
Director
$400 $0 $400
JOSHUA RINER EXECUTIVE BO 2.00
Director
$400 $0 $400
WILLIAM JOHNSTON EXECUTIVE BO 2.00
Director
$200 $0 $200
ROBERT BOHANNON TRUSTEE 2.00
Director
$0 $0 $0
GRAHAM FRANKS TRUSTEE PAST 2.00
Director
$0 $0 $0
ALAN FRITTS TRUSTEE 2.00
Director
$0 $0 $0
KENNY HERNDON TRUSTEE PAST 2.00
Director
$0 $0 $0
MATTHEW NEWSOME REC SECRETAR 2.00
Director
$0 $0 $0
JOSHUA PINEGAR TRUSTEE PAST 2.00
Director
$0 $0 $0
LARRY STRICKLAND TRUSTEE 2.00
Director
$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 $934,408 $820,612 $1,414,481 $113,796
2023 $754,895 $815,394 $1,440,730 $-60,499
2022 $653,596 $741,751 $1,374,825 $-88,155
2021 $984,386 $819,287 $1,383,075 $165,099
2020 $1,366,730 $1,159,360 $1,234,454 $207,370
2019 $769,569 $645,121 $1,023,987 $124,448
2018 $666,322 $645,747 $889,275 $20,575
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