Overview
What is International Assoc Of Machinists And Aerospace Workers Local 126?
International Assoc of Machinists and Aerospace Workers Local 126, based in Hinsdale, Illinois, serves as the exclusive collective bargaining representative for employees. Their primary role involves negotiating contracts and working to enhance the terms within those agreements. With a team of 22 individuals, they strive to secure improved working conditions and wages for their members. Their mission is deeply rooted in advocating for employees' rights and ensuring a fair and favorable collective bargaining process.
Official website here: www.iamlodge126.org
Is International Assoc Of Machinists And Aerospace Workers Local 126 legitimate?
International Assoc Of Machinists And Aerospace Workers Local 126 is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Assoc Of Machinists And Aerospace Workers Local 126 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $35,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,199
For more financial information, click here
Official website here: www.iamlodge126.org
What is the mission statement of International Assoc Of Machinists And Aerospace Workers Local 126?
The International Assoc of Machinists and Aerospace Workers Local 126's mission is centered around representing employees effectively in collective bargaining processes. Their primary objective is to act as the exclusive representative of employers, aiming to secure this status. Once established, they manage the collective bargaining contract and actively work towards negotiating improvements within it.
Official website here: www.iamlodge126.org
Who is the CEO of International Assoc Of Machinists And Aerospace Workers Local 126?
Tom Bednarek is the President of International Assoc Of Machinists And Aerospace Workers Local 126.
Official website here: www.iamlodge126.org
What is the revenue of International Assoc Of Machinists And Aerospace Workers Local 126?
International Assoc Of Machinists And Aerospace Workers Local 126's revenue in 2022 was $649,208.
Official website here: www.iamlodge126.org
Who are the executives of International Assoc Of Machinists And Aerospace Workers Local 126 and what are their salaries?
The average compensation at International Assoc Of Machinists And Aerospace Workers Local 126 during 2022 was $7,244. There are 22 employees at International Assoc Of Machinists And Aerospace Workers Local 126.
Here are 8 key members and their salaries:
- Compensation: $1,365
- Related: $0
- Other: $0
- Compensation: $1,344
- Related: $0
- Other: $0
- Compensation: $1,376
- Related: $0
- Other: $0
- Compensation: $9,259
- Related: $0
- Other: $0
- Compensation: $6,264
- Related: $0
- Other: $0
- Compensation: $8,916
- Related: $0
- Other: $0
- Compensation: $4,372
- Related: $0
- Other: $0
- Compensation: $2,280
- Related: $0
- Other: $0
Official website here: www.iamlodge126.org
Where can I find the form 990 for International Assoc Of Machinists And Aerospace Workers Local 126?
International Assoc Of Machinists And Aerospace Workers Local 126's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iamlodge126.org
Learn more at the official website: www.iamlodge126.org
Mission Statement of International Assoc Of Machinists And Aerospace Workers Local 126
The International Assoc of Machinists and Aerospace Workers Local 126 is committed to serving as the exclusive collective bargaining representative for employees. This nonprofit organization strives to attain this representative status and administer the collective bargaining contract it has with employers. Furthermore, it engages in negotiations to improve the terms within the contract for the benefit of its members. By undertaking these duties, the International Assoc of Machinists and Aerospace Workers Local 126 aims to safeguard the interests of its employee base, fostering a fair and beneficial working environment.
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Impact
October, 2024
International Association of Machinists and Aerospace Workers Local 126 plays a crucial role in advocating for the rights and interests of employees in the aerospace and machining industries. By serving as the exclusive collective bargaining representative, the organization ensures that workers have a voice in negotiating better wages, benefits, and working conditions.
Their impact is significant as they work to administer collective bargaining contracts, ensuring that agreements are upheld and that the needs of workers are prioritized. This involves engaging in negotiations to secure improvements within existing contracts, which can lead to enhanced job security, safety measures, and overall workplace satisfaction.
Operating out of Hinsdale, IL, Local 126 not only represents its members but also contributes to the broader labor movement by promoting fair labor practices and championing the importance of union representation. Their efforts help empower employees, creating a more equitable work environment in their industries.
This information is meant to be a general summary of International Assoc Of Machinists And Aerospace Workers Local 126. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,289
- Program Service Revenue: $631,349
- Gross Receipts: $969,945
Assets and Liabilities:
- Total Assets: $760,308
- Total Liabilities: $0
- Net Assets: $760,308
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$603,761
INITIATION AND TRANSFE
Revenue
$22,658
DEATH BENEFIT INCOME
Revenue
$4,930
Organization Details
Founding Year
1890
Phone
(630) 655-1930Principal Officer
Tom Bednarek
Main Address
15 SPINNING WHEEL ROAD 424, HINSDALE, IL, 60521
Website
www.iamlodge126.orgNTEE Category
Code: J40 - Employment
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