Overview
What is International Association Of Machinists & Aerospace Workers?
The International Association of Machinists & Aerospace Workers, often referred to as IAMAW District 5, is a nonprofit organization based in Fargo, North Dakota. Their primary role is to offer support for contract negotiations, arbitrations, and grievances for affiliated lodges. They receive dues from contractors, distribute the monthly per capita to the lodge affiliates, and return any remaining balances. The organization's mission is to represent employees covered by collective bargaining agreements, aiming to improve wages, hours, and working conditions. With a team of 11 dedicated individuals, IAMAW District 5 works diligently to ensure the betterment of its affiliated lodges.
Official website here: www.iamdistrict5.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: $172,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,902
For more financial information, click here
Official website here: www.iamdistrict5.org
What is the mission statement of International Association Of Machinists & Aerospace Workers?
The International Association of Machinists & Aerospace Workers serves as a representation for employees covered by collective bargaining agreements, working towards enhancing their wages, hours, and working conditions. This organization plays a significant role in supporting contract negotiations, arbitrations, and grievances for its affiliated lodges. Additionally, it receives dues from contractors and distributes a monthly per capita to each affiliate, returning any remaining balances. The primary goal of the International Association of Machinists & Aerospace Workers is to improve the welfare of its members and advocate for their rights in the workplace.
Official website here: www.iamdistrict5.org
What is the revenue of International Association Of Machinists & Aerospace Workers?
International Association Of Machinists & Aerospace Workers's revenue in 2023 was $360,888.
Official website here: www.iamdistrict5.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 $13,095. There are 15 employees at International Association Of Machinists & Aerospace Workers.
Here are 7 key members and their salaries:
- Compensation: $87,640
- Related: $0
- Other: $0
- Compensation: $82,235
- Related: $0
- Other: $0
- Compensation: $1,422
- Related: $0
- Other: $0
- Compensation: $655
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $245
- Related: $0
- Other: $0
- Compensation: $20
- Related: $0
- Other: $0
Official website here: www.iamdistrict5.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.iamdistrict5.org
Learn more at the official website: www.iamdistrict5.org
Mission Statement of International Association Of Machinists & Aerospace Workers
The International Association of Machinists & Aerospace Workers serves as a powerful advocate for employees covered under collective bargaining agreements. Their primary mission is to enhance the working conditions, wages, and hours for these employees. In essence, they strive to improve the overall quality of life for their affiliated labor unions. To accomplish this, the International Association of Machinists & Aerospace Workers plays a pivotal role in contract negotiations, arbitrations, and addressing grievances on behalf of its affiliated lodges.
Furthermore, the association is responsible for managing the financial aspects related to these labor agreements. This includes receiving dues from contractors and distributing a monthly per capita amount to the respective affiliated lodges. After making these distributions, any remaining balances are returned to the contractors. By performing these financial duties, the International Association of Machinists & Aerospace Workers ensures that its affiliated lodges have the necessary resources to effectively represent their members and negotiate favorable agreements.
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Impact
October, 2024
The International Association of Machinists & Aerospace Workers plays a crucial role in enhancing the livelihoods of workers by focusing on the betterment of wages, hours, and working conditions. Through its activities, the organization facilitates contract negotiations, arbitrations, and grievance resolutions, ensuring that employees are effectively represented under collective bargaining agreements.
The association collects dues from contractors and redistributes these funds to local lodge affiliates, which supports the financial sustainability of these groups and strengthens the overall labor movement. By providing resources and support, it empowers workers to advocate for their rights and negotiate more favorable terms with employers. This collective approach not only improves individual working conditions but also fosters a more equitable workplace environment across industries.
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: $18
- Program Service Revenue: $274,527
- Gross Receipts: $360,888
Assets and Liabilities:
- Total Assets: $106,717
- Total Liabilities: $0
- Net Assets: $106,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Capita Tax
Revenue
$263,967
OBO Employees
Revenue
$9,872
OBO Affiliates
Revenue
$688
Organization Details
Founding Year
1990
Principal Officer
Chris Seely
Website
www.iamdistrict5.orgNTEE Category
Code: J40 - Employment
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