INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS

EIN: 741328807

HOUSTON, TX

Total Revenue
$370,059
Total Expenses
$381,413
Total Assets
$773,574
Net Assets
$773,574
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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
1956
Legal Domicile
TX
Principal Officer
Albert Harmason
Phone
2817445371
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 1956, is a small nonprofit that reported $370K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $774K represent 25 months of operating reserves.

Mission

TO IMPROVE THE STANDARD OF LIVING OF ALL MEMEBERS CONTRACTUAL REPRESENTATION AND PROVIDE HIGH LEVEL OF REPRESENTATION AND BENEFITS

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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 (2024)

Revenue Breakdown

Contributions & Grants $366,311
Program Service Revenue $0
Investment Income $24
Other Revenue $3,724
TOTAL REVENUE $370,059

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,269
Fundraising Expenses $0
Program Expenses $0
Other Expenses $278,144
TOTAL EXPENSES $381,413

Year-over-Year Comparison

2024 2023 Change
Revenue $370,059 $327,897 +0.1%
Expenses $381,413 $362,246 +0.1%
Net Income $-11,354 $-34,349 -0.7%
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

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Governance

Voting Members
3170
Independent Members
3170
Employees
30
Volunteers
3170

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
9
$44,896
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Albert Harmason SECRETARY TREASURER 4
Officer
$23,700 $0 $23,700
ANTONIO COLINA PRESIDENT 2
Officer
$7,200 $0 $7,200
Enrique Borjorquez President 2
Officer
$7,200 $0 $7,200
Carla Hoffman Trustee 1
Officer
$2,426 $0 $2,426
MARIA CABAN TRUSTEE 1
Officer
$1,665 $0 $1,665
Lucy Fernandez trustee 1
Officer
$1,665 $0 $1,665
Tamisha Hodges Vice President 1
Officer
$887 $0 $887
Bobby HOSMIER CONDUCTOR 2
Officer
$153 $0 $153
Jon Martin Recording Secretary 2
Officer
$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
2025 No data No data No data No data
2024 $370,059 $381,413 $773,574 $-11,354
2023 $327,897 $362,246 $784,928 $-34,349
2022 $347,574 $260,479 $819,277 $87,095
2021 $245,232 $141,388 $732,182 $103,844
2020 $398,185 $120,319 $628,338 $277,866
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