International Association of Machinists & Aerospace Workers
501(c)(5)
Only null% goes to programs Strong reserves Growing revenue
International Association of Machinists & Aerospace Workers is a 501(c)(5) organization based in Higganum, Connecticut, registered in 1940, with $516,425 in FY2024 revenue. CharityIndex grades it C+.
82 Saybrook Rd, Higganum, CT, 06441 EIN 06-0756083 Since 1940
Revenue (FY2024)
$516K
▼ 12.7% vs prior year
Expenses (FY2024)
$475K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for International Association of Machinists & Aerospace Workers— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating35 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For International Association of Machinists & Aerospace Workers: 35 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for International Association of Machinists & Aerospace Workers— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For International Association of Machinists & Aerospace Workers: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 82 Saybrook Rd, Higganum, CT, 06441
- City
- Higganum
- State
- Connecticut
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $413K (FY2013) to $516K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2Net assets $1.4M
Operating margin
8.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$2
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $516,425▼12.7% | $474,978▼1.1% | $1,390,138▲3.1% | $1,390,140▲3.0% | 990 |
| 2023 | $591,483▲25.7% | $480,141▼22.6% | $1,348,691▲9.0% | $1,349,374▲9.0% | 990 |
| 2022 | $470,697▲14.4% | $620,359▲67.1% | $1,237,349▼10.8% | $1,237,741▼10.8% | 990 |
| 2021 | $411,295▼12.2% | $371,209▲9.0% | $1,387,011▲3.0% | $1,387,111▲2.9% | 990 |
| 2020 | $468,373▼13.9% | $340,442▼11.2% | $1,346,925▼5.1% | $1,348,506▼5.0% | 990 |
| 2019 | $544,281▲49.7% | $383,378▲1.2% | $1,418,994▲12.8% | $1,419,724▲12.7% | 990 |
| 2018 | $363,536▼20.4% | $378,978▲19.6% | $1,258,091▼1.2% | $1,259,430▼1.2% | 990 |
| 2017 | $456,615▲18.0% | $316,810▼28.5% | $1,273,533▲12.3% | $1,274,724▲12.4% | 990 |
| 2016 | $386,877▲1.8% | $442,875▲10.9% | $1,133,728▼4.7% | $1,133,728▼4.8% | 990 |
| 2015 | $380,172▲1.1% | $399,389▲6.4% | $1,189,726▼1.6% | $1,191,466▼1.6% | 990 |
| 2014 | $375,964▼9.0% | $375,498▼14.9% | $1,208,943 | $1,210,622 | 990 |
| 2013 | $413,244 | $441,270▼1.1% | $1,208,477▼2.3% | $1,211,017▼2.2% | 990 |
| 2012 | — | $445,979▲18.3% | $1,236,503▼1.4% | $1,238,790▼1.4% | 990 |
| 2011 | — | $376,893▲1.3% | $1,254,170▲3.8% | $1,256,254▲3.8% | 990 |
| 2010 | — | $371,905 | $1,208,464 | $1,210,614 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is International Association of Machinists & Aerospace Workers a legitimate nonprofit?
- Yes. International Association of Machinists & Aerospace Workers is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 06-0756083, based in Higganum, Connecticut.
- What is International Association of Machinists & Aerospace Workers's EIN?
- International Association of Machinists & Aerospace Workers's Employer Identification Number (EIN) is 06-0756083.
- How much revenue does International Association of Machinists & Aerospace Workers report?
- International Association of Machinists & Aerospace Workers reported $516,425 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does International Association of Machinists & Aerospace Workers have?
- CharityIndex grades International Association of Machinists & Aerospace Workers C+, based on financial health (reserves and operating margin).
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Data for International Association of Machinists & Aerospace Workers (EIN 06-0756083) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.