Overview
What is Sheet Metal Workers Funds Service Facility Inc?
Sheet Metal Workers Funds Service Facility Inc is a nonprofit organization situated in Carlstadt, New Jersey, specifically at 440 Barell Avenue. Its primary function is to manage real estate property and generate income from it. This income is then transferred, after deducting any expenses, to other tax-exempt organizations. By doing so, the nonprofit contributes to the ongoing operations and initiatives of these tax-exempt entities. Its mission aligns with supporting the work of other nonprofits, thereby extending its reach and impact beyond its immediate operations.
Is Sheet Metal Workers Funds Service Facility Inc legitimate?
Sheet Metal Workers Funds Service Facility Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Sheet Metal Workers Funds Service Facility Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,646
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What is the mission statement of Sheet Metal Workers Funds Service Facility Inc?
Sheet Metal Workers Funds Service Facility Inc is authorized to hold title to real property and collect income generated from it. Their primary function is to then distribute the entire income, after deducting expenses, to organizations that are exempt from tax. In essence, this corporation serves as a financial intermediary, channeling funds to tax-exempt organizations. This mission aligns with the goal of supporting charitable causes, as the beneficiaries of these funds are organizations that have been granted tax-exempt status due to their charitable activities.
Who is the CEO of Sheet Metal Workers Funds Service Facility Inc?
Joseph Demark Jr is the Controller of Sheet Metal Workers Funds Service Facility Inc.
What is the revenue of Sheet Metal Workers Funds Service Facility Inc?
Sheet Metal Workers Funds Service Facility Inc's revenue in 2022 was $176,994.
Who are the executives of Sheet Metal Workers Funds Service Facility Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $157,421
- Other: $80,946
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Workers Funds Service Facility Inc?
Sheet Metal Workers Funds Service Facility Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Funds Service Facility Inc
Sheet Metal Workers Funds Service Facility Inc is authorized to hold title to real property and collect income derived from it. This nonprofit organization has a unique mission: to channel the entire income, after deducting expenses, to organizations that are exempt from taxation. By doing so, Sheet Metal Workers Funds Service Facility Inc contributes to the financial support of other charitable entities, aiding them in their respective missions to benefit the community. This mission of redistributing income to tax-exempt organizations serves as a means of furthering various causes and initiatives across different sectors, ultimately contributing to societal well-being.
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Impact
October, 2024
Sheet Metal Workers Funds Service Facility Inc plays a significant role in supporting community initiatives and promoting economic stability. By holding title to real property and collecting income, the facility generates resources that are reinvested into exempt organizations. This financial model enables a continuous flow of support to various community-focused projects and programs.
Operating in Carlstadt, NJ, the facility's activities directly contribute to community improvement efforts, enhancing the quality of life for local residents. By channeling funds to organizations that promote welfare, education, and other essential services, the facility helps foster a collaborative environment where community needs can be addressed effectively.
Through its mission, Sheet Metal Workers Funds Service Facility Inc ensures that the benefits of its operations are maximized for the broader community, creating a ripple effect of positive impact. Overall, the facility embodies a model of resource allocation that prioritizes community development and investment in the public good.
This information is meant to be a general summary of Sheet Metal Workers Funds Service Facility Inc. 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 2022.
- Investment Income: $103
- Program Service Revenue: $176,891
- Gross Receipts: $176,994
Assets and Liabilities:
- Total Assets: $236,917
- Total Liabilities: $4,672
- Net Assets: $232,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$176,891
Organization Details
Founding Year
1985
Phone
(201) 507-0330Principal Officer
Joseph Demark Jr
Main Address
440 BARELL AVENUE, CARLSTADT, NJ, 07072
NTEE Category
Code: S47 - Community improvement
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