Overview

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Est.

1973

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The National IAM Benefit Trust Fund (EIN: 36-6562520) is a nonprofit organization dedicated to providing health, welfare, vision, and dental benefits to eligible participants and their dependents under collective bargaining agreements with various employers and the International Association of Machinists and Aerospace Workers, AFL-CIO. With an operating budget of $12.8 million and total revenue of $131.4 million for the 2024 filing year, the organization supports its mission on a substantial financial scale. More information can be found on their website at www.iambtf.org.

Mission Statement

TO PROVIDE HEALTH, WELFARE, VISION AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ESTABLISHED UNDER A COLLECTIVE BARGAINING AGREEMENT BEWTEEEN VARIOUS EMPLOYERS AND THE INTERANTIONAL ASSOCIATION OF MACHINISTS AND AEROSPACE WORKERS, AFL-CIO AND AFFILIATED IAM LOCAL AND IAM DISTRICT LODGES.
Revenues
$131.4M
Expenses
$142.1M
Net Income:
-$10.7M
Assets
$91.3M
Liabilities
$3.8M
Net Assets:
+$87.5M
Operating Budget
$12.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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E
Emily C Novak
Board Member
Y
Yolanda D Montgomery
Board Member
D
Dora H Cerantes
Board Member

Frequently Asked Questions

What is NATIONAL IAM BENEFIT TRUST FUND’s budget?
In 2024, NATIONAL IAM BENEFIT TRUST FUND reported an annual operating budget of around $12.8 million. More detailed financial information is available to registered users.
What causes does NATIONAL IAM BENEFIT TRUST FUND support?
NATIONAL IAM BENEFIT TRUST FUND supports work in Health and Welfare.
Where does NATIONAL IAM BENEFIT TRUST FUND operate?
NATIONAL IAM BENEFIT TRUST FUND is headquartered in Washington, DC.