Form 990 for tax year 2024
Filed by INTERNATIONAL ASSOCIATION OF SHEET METAL AIR RAIL & TRANSPORTATION.
Totals
- Total revenue
- $10,177,072
- Total expenses
- $10,775,496
- Contributions and grants received
- $0
- Grants paid
- $18,149
- Program service revenue
- $9,633,104
- Investment income
- $482,620
- Other revenue
- $61,348
- Total assets, end of year
- $16,235,935
- Total liabilities, end of year
- $2,851
- Net assets or fund balances, end of year
- $16,233,084
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: DUES
total $9,394,514 · related or exempt $9,394,514
-
2b · Program service revenue: INITIATION FEES
total $121,544 · related or exempt $121,544
-
2c · Program service revenue: SUBSIDY FROM INT'L ASS'N
total $117,043 · related or exempt $117,043
-
2d · Program service revenue: WITHDRAWAL CARDS
total $3 · related or exempt $3
-
3 · Investment income
total $449,729 · excluded $449,729
-
7a · Gross sales of assets other than inventory
securities $16,264,426 · other assets $274,032
-
7b · Less cost or other basis and sales expenses
securities $16,245,372 · other assets $260,197
-
7c · Gain or loss
securities $19,054 · other assets $13,835
-
7d · Net gain or loss
total $32,891 · related or exempt $32,891
-
11a · Other revenue: GOLF AND PICNIC DONATIONS
total $30,225 · excluded $30,225
-
11b · Other revenue: REFUND/REIMB - AUTO USE
total $13,540 · excluded $13,540
-
11c · Other revenue: REFUND/REIMB - OTHER
total $10,158 · excluded $10,158
-
11d · All other revenue
total $7,425 · excluded $7,425
-
11e · Other revenue, total
$61,348
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $18,149
-
4 · Benefits paid to or for members
total $113,000
-
5 · Compensation of officers, directors and key employees
total $607,883
-
7 · Other salaries and wages
total $1,812,205
-
8 · Pension plan contributions
total $817,854
-
9 · Other employee benefits
total $446,207
-
10 · Payroll taxes
total $170,958
-
11b · Fees: legal
total $55,706
-
11c · Fees: accounting
total $24,150
-
11g · Fees: other
total $13,775
-
12 · Advertising and promotion
total $304,461
-
13 · Office expenses
total $179,111
-
16 · Occupancy
total $119,160
-
17 · Travel
total $80,641
-
19 · Conferences, conventions and meetings
total $131,614
-
21 · Payments to affiliates
total $2,382,530
-
22 · Depreciation, depletion and amortization
total $141,527
-
23 · Insurance
total $88,999
-
24a · Other expenses: TRANSFER TO ASSOCIATION
total $2,003,978
-
24b · Other expenses: MKT RECOVERY TARGETING
total $956,769
-
24c · Other expenses: TRANSFER TO PAC
total $186,779
-
24d · Other expenses: ORGANIZING
total $99,633
-
24e · All other expenses
total $20,407
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $466,039 · end of year $499,936
-
2 · Savings and temporary cash investments
beginning of year $934,556 · end of year $3,924,820
-
10a · Land, buildings and equipment: cost or other basis
$785,796
-
10b · Land, buildings and equipment: accumulated depreciation
$161,966
-
10c · Land, buildings and equipment, net
beginning of year $353,078 · end of year $623,830
-
11 · Investments: publicly traded securities
beginning of year $11,461,037 · end of year $7,857,046
-
12 · Investments: other securities
beginning of year $209,071 · end of year $209,071
-
15 · Other assets
beginning of year $1,225,991 · end of year $3,121,232
-
25 · Other liabilities
beginning of year $14,574 · end of year $2,851
-
27 · Net assets without donor restrictions
beginning of year $14,635,198 · end of year $16,233,084
Mission and programs · 2024
Mission
TO ORGANIZE ALL WORKERS FOR THE ECONOMIC, MORAL AND SOCIAL ADVANCEMENT OF THEIR CONDITION AND STATUS.
Activities or mission (Part I)
LABOR UNION
-
TO FULLY DEVELOP AND DEMONSTRATE THE POSSIBILITIES OF OUR TRADE IN THE VARIOUS FIELDS OF INDUSTRY AND TO PROTECT OUR RIGHTS THEREWITH.
As filed on the 2024 return.
Listed in Part VII
-
Matt FairbanksMATT FAIRBANKS
PRESIDENT/BU
- Total calculated
- $312,743
- From this org
- $179,183
- From related orgs
- $0
- Other
- $133,560
- Hours/week
- 56 + 2 related
Schedule J breakdown matched by us
- Base
- $179,183
- Bonus
- not reported
- Other
- not reported
- Deferred
- $129,958
- Nontaxable benefits
- $3,602
- Filer's total
- $312,743
-
Jason DammanJASON DAMMAN
FIN SEC/TREA
- Total calculated
- $264,682
- From this org
- $151,392
- From related orgs
- $0
- Other
- $113,290
- Hours/week
- 48 + 1.1 related
Schedule J breakdown matched by us
- Base
- $151,392
- Bonus
- not reported
- Other
- not reported
- Deferred
- $111,018
- Nontaxable benefits
- $2,272
- Filer's total
- $264,682
-
Nick MurphyNICK MURPHY
BUSINESS AGE
- Total calculated
- $241,971
- From this org
- $137,082
- From related orgs
- $0
- Other
- $104,889
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $137,082
- Bonus
- not reported
- Other
- not reported
- Deferred
- $101,479
- Nontaxable benefits
- $3,410
- Filer's total
- $241,971
-
Dave HolzerDAVE HOLZER
BUSINESS AGE
- Total calculated
- $241,293
- From this org
- $137,294
- From related orgs
- $0
- Other
- $103,999
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $137,294
- Bonus
- not reported
- Other
- not reported
- Deferred
- $101,515
- Nontaxable benefits
- $2,484
- Filer's total
- $241,293
-
Colin BeereCOLIN BEERE
GOVERNMENT A
- Total calculated
- $240,528
- From this org
- $137,189
- From related orgs
- $0
- Other
- $103,339
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $137,189
- Bonus
- not reported
- Other
- not reported
- Deferred
- $101,497
- Nontaxable benefits
- $1,842
- Filer's total
- $240,528
-
Joel RasmussenJOEL RASMUSSEN
BUSINESS AGE
- Total calculated
- $240,278
- From this org
- $137,005
- From related orgs
- $0
- Other
- $103,273
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $137,005
- Bonus
- not reported
- Other
- not reported
- Deferred
- $101,466
- Nontaxable benefits
- $1,807
- Filer's total
- $240,278
-
Michael GroszMICHAEL GROSZ
BUSINESS AGE
- Total calculated
- $239,728
- From this org
- $136,915
- From related orgs
- $0
- Other
- $102,813
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $136,915
- Bonus
- not reported
- Other
- not reported
- Deferred
- $101,451
- Nontaxable benefits
- $1,362
- Filer's total
- $239,728
-
Charles SchollCHARLES SCHOLL
RECORDING SE
- Total calculated
- $3,119
- From this org
- $3,119
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Adam SzybatkaADAM SZYBATKA
EXECUTIVE BO
- Total calculated
- $2,295
- From this org
- $2,295
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Pete LeitschuhPETE LEITSCHUH
EXECUTIVE BO
- Total calculated
- $2,275
- From this org
- $2,275
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Ralph FennRALPH FENN
EXECUTIVE BO
- Total calculated
- $1,760
- From this org
- $1,760
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Justin WahlJUSTIN WAHL
TRUSTEE
- Total calculated
- $1,275
- From this org
- $1,275
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Jimmy WilliamsJIMMY WILLIAMS
TRUSTEE
- Total calculated
- $1,215
- From this org
- $1,215
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Jim VerhulstJIM VERHULST
TRUSTEE
- Total calculated
- $1,107
- From this org
- $1,107
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Don HintzmanDON HINTZMAN
CONDUCTOR
- Total calculated
- $675
- From this org
- $675
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Ted MichalekTED MICHALEK
WARDEN
- Total calculated
- $600
- From this org
- $600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Eric LarsonERIC LARSON
EXECUTIVE BO
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
David LudoweseDAVID LUDOWESE
EXECUTIVE BO
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Shawn LynchSHAWN LYNCH
EXECUTIVE BO
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Rachel RamroopRACHEL RAMROOP
EXECUTIVE BO
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Jermey SpechtJERMEY SPECHT
EXECUTIVE BO
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Eric FrisonERIC FRISON
TRUSTEE
- Total calculated
- $415
- From this org
- $415
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Benjamin GoebelBENJAMIN GOEBEL
TRUSTEE
- Total calculated
- $415
- From this org
- $415
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
-
Luigi Andretta JrLUIGI ANDRETTA JR
VICE PRESIDE
- Total calculated
- $250
- From this org
- $250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.3 + 1.1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SHEET METAL WORKERS ASSOCIATION INC
501C2 · BLDG CORP · MN · controlled entity
Directly controlled by SMART 10
-
SHEET METAL LOCAL 10 PAC
527 · PAC · MN · controlled entity
Directly controlled by SMART 10
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202532819349301688
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