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Filing year 2024

BASIC THE INTL ASSOC OF MACHINISTS

Sheffield, Alabama·EIN 83-0730170·3
Total revenue
$482k
Total assets
$675k
Total expenses
$476k
Reported officers
3
Mission

TO PROVIDE AND MAINTAIN TRAINING AND/OR RE-TRAINING PROGRAMS IN THE MACHINISTS TRADE AND TO DEVELOP AND DISTRIBUTE TRAINING MATERIALS. THE FUND RECEIVES CONTRIBUTIONS FROM PARTICIPATING CONTRACTORS UNDER A COLLECTIVE - BARGAINING AGREEMENT ON BEHALF OF MEMBERS OF THE UNION BASED ON HOURS OF COVERED EMPLOYEMENT. THE FUNDS ARE USED TO PROVIDE TRAINING TO MEMBERS AND APPRENTICES.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Training Director
unclassified
$164k
$174k
Base
$124k
Bonus
Other
Benefits
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Up 12%
from 2023

From $146k in 2023 to $164k in 2024.

$146k
2023
$164k
2024
In today's dollarsEst.
Up 9% in real terms$159k to $174k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BASIC THE INTL ASSOC OF MACHINISTS reported revenue and expenses across 2 filing years.

RevenueExpenses
$557k
$482k
2023
$482k
$476k
2024
Total revenue and total expenses from IRS Form 990 filings.
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