Overview
What is International Association Of Machinists & Aerospace Workers?
The International Association of Machinists & Aerospace Workers, specifically Local 701, is a prominent labor union based in the United States. It primarily represents workers in various sectors such as automotive and truck mechanics, heavy equipment, excavation, paving, road building, forklifts, high-rise equipment, tank washers, fuelers, trailer body, and marine industries. The union's purpose is to strive for the economic, moral, and social advancement of its members' conditions and status, acting as a powerful voice for workers' rights. The organization is dedicated to improving the lives and working conditions of its members, ensuring fair wages, safe work environments, and advocating for their well-being.
Official website here: www.mech701.org
Is International Association Of Machinists & Aerospace Workers legitimate?
International Association Of Machinists & Aerospace Workers is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Association Of Machinists & Aerospace Workers 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: $164,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,925,245
For more financial information, click here
Official website here: www.mech701.org
What is the mission statement of International Association Of Machinists & Aerospace Workers?
The International Association of Machinists & Aerospace Workers is a labor union established with the purpose of organizing all workers, aiming to advance their economic, moral, and social standing. Its mission is to promote the betterment of its members' conditions and status through collective efforts. This labor organization represents various sectors such as auto and truck mechanics, heavy equipment operators, and others, working towards improving their working conditions and overall well-being.
Official website here: www.mech701.org
What is the revenue of International Association Of Machinists & Aerospace Workers?
International Association Of Machinists & Aerospace Workers's revenue in 2023 was $9,861,758.
Official website here: www.mech701.org
Who are the executives of International Association Of Machinists & Aerospace Workers and what are their salaries?
The average compensation at International Association Of Machinists & Aerospace Workers during 2023 was $12,589. There are 166 employees at International Association Of Machinists & Aerospace Workers.
Here are 13 key members and their salaries:
- Compensation: $6,651
- Related: $0
- Other: $0
- Compensation: $6,336
- Related: $0
- Other: $0
- Compensation: $5,892
- Related: $0
- Other: $0
- Compensation: $12,897
- Related: $0
- Other: $0
- Compensation: $6,311
- Related: $0
- Other: $0
- Compensation: $8,136
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $112,319
- Related: $0
- Other: $72,588
- Compensation: $192,730
- Related: $0
- Other: $71,255
- Compensation: $170,341
- Related: $0
- Other: $64,320
- Compensation: $166,043
- Related: $0
- Other: $64,319
- Compensation: $160,709
- Related: $0
- Other: $85,124
- Compensation: $160,709
- Related: $0
- Other: $62,008
Official website here: www.mech701.org
Where can I find the form 990 for International Association Of Machinists & Aerospace Workers?
International Association Of Machinists & Aerospace Workers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mech701.org
Learn more at the official website: www.mech701.org
Mission Statement of International Association Of Machinists & Aerospace Workers
The International Association of Machinists & Aerospace Workers, abbreviated as IAM, is a labor union with a mission to organize all workers, aiming to advance their economic, moral, and social conditions and status. Established with this objective, the organization seeks to improve the lives and working conditions of its members, advocating for their rights and interests in various industries. IAM Local 701, one of its largest branches, specifically represents workers in sectors such as auto and truck mechanics, heavy equipment, excavating and paving, forklifts, high-rise equipment, tank washers, fuelers, trailer body, and marine. By uniting and organizing these workers, IAM aims to foster a more equitable and beneficial working environment for its members.
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Impact
October, 2024
The International Association of Machinists & Aerospace Workers (IAM) significantly impacts workers across various industries by advocating for their rights and improving their working conditions. By organizing workers, IAM empowers them to collectively negotiate for fair wages, benefits, and safer working environments.
Local 701, one of the largest mechanics' locals in the United States, plays a crucial role in representing auto and truck mechanics, heavy equipment operators, and other skilled tradespeople. This representation enhances job security and professional standards within these industries, contributing to the overall economic well-being of its members.
Furthermore, IAM's focus on the moral and social advancement of workers highlights its commitment to social justice, not only in the workplace but also in the broader community. By fostering solidarity among workers, the organization strengthens labor rights, supports fair labor practices, and advocates for sustainable working conditions, ultimately benefiting the economy and society as a whole.
This information is meant to be a general summary of International Association Of Machinists & Aerospace Workers. 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 2023.
- Investment Income: $1,683,002
- Program Service Revenue: $7,535,860
- Gross Receipts: $9,866,340
Assets and Liabilities:
- Total Assets: $14,771,530
- Total Liabilities: $0
- Net Assets: $14,771,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES AND FEES
Revenue
$7,535,860
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1931
Principal Officer
Richard Brown
Website
www.mech701.orgNTEE Category
Code: J40 - Employment
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