National Stabilization Agreement Of The Sheet Metal Industry Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237315003 ✦ Falls church, VA ✦ Designated as a 501(c)(9)

Overview

What is National Stabilization Agreement Of The Sheet Metal Industry Trust Fund?

The National Stabilization Agreement of the Sheet Metal Industry Trust Fund is a nonprofit organization established to provide various benefits for sheet metal workers and employees who meet the specified requirements. Its primary mission is to ensure economic stability by offering health and welfare, supplemental unemployment and underemployment benefits, special travel, severance, death, maternity, benevolent relief, retiree health premium reimbursements, and retiree healthcare reimbursement account benefits.


Official website here: www.sasmi.org

Is National Stabilization Agreement Of The Sheet Metal Industry Trust Fund legitimate?

National Stabilization Agreement Of The Sheet Metal Industry Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. National Stabilization Agreement Of The Sheet Metal Industry Trust Fund 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $272,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,006,532

For more financial information, click here


Official website here: www.sasmi.org

What is the mission statement of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund?

The National Stabilization Agreement Of The Sheet Metal Industry Trust Fund is dedicated to enhancing the economic stability of sheet metal workers and eligible employees. Through this trust fund, members can access various benefits including health and welfare services, supplemental unemployment and underemployment benefits, special travel arrangements, severance pay, death benefits, maternity relief, benevolent relief, retiree health premium reimbursements, and retiree health care reimbursement account benefits. The primary goal is to maintain the economic well-being of those who meet the specified requirements, as outlined in the plan documents.


Official website here: www.sasmi.org

Who is the CEO of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund?

John Daniel is the Trustee of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund.


Official website here: www.sasmi.org

What is the revenue of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund?

National Stabilization Agreement Of The Sheet Metal Industry Trust Fund's revenue in 2022 was $114,673,202.


Official website here: www.sasmi.org

Who are the executives of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund and what are their salaries?

The average compensation at National Stabilization Agreement Of The Sheet Metal Industry Trust Fund during 2022 was $459. There are 2,787 employees at National Stabilization Agreement Of The Sheet Metal Industry Trust Fund.

Here are 12 key members and their salaries:

    John Daniel (Trustee)
  • Compensation: $0
  • Related: $181,123
  • Other: $100,760

    • Kenneth Colombo (Administrator)
  • Compensation: $184,820
  • Related: $0
  • Other: $87,330

    • Kolby Hanson (Trustee - New)
  • Compensation: $0
  • Related: $162,237
  • Other: $67,345

    • J Scott Parks (Trustee - Past)
  • Compensation: $0
  • Related: $123,313
  • Other: $70,722

    • Kathy Hickey (Benefits Manager)
  • Compensation: $126,797
  • Related: $0
  • Other: $47,039

    • Donald Dunne (Trustee)
  • Compensation: $0
  • Related: $99,826
  • Other: $66,711

    • Nicholas Devore (Senior It Developer)
  • Compensation: $115,317
  • Related: $0
  • Other: $45,753

    • Anthony Castrello (Trustee)
  • Compensation: $0
  • Related: $103,234
  • Other: $55,776

    • Hank Meyers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Monahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Bingham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hank Artlip (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sasmi.org

    Where can I find the form 990 for National Stabilization Agreement Of The Sheet Metal Industry Trust Fund?

    The National Stabilization Agreement Of The Sheet Metal Industry Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sasmi.org

    Learn more at the official website: www.sasmi.org

    Mission Statement of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund

    The National Stabilization Agreement of the Sheet Metal Industry Trust Fund is a mission-driven organization that prioritizes the health and welfare of sheet metal workers and their employees. Established to maintain the economic well-being of eligible individuals in the industry, this trust fund offers a range of benefits designed to support and stabilize the lives of those who meet the specified requirements.

    More specifically, the Trust Fund provides health and welfare benefits, supplemental unemployment and underemployment compensation, and special travel allowances to eligible sheet metal workers and their dependents. In addition, the program offers severance benefits, death benefits, maternity benefits, benevolent relief, retiree health premium reimbursements, and retiree health care reimbursement account benefits.

    By offering these comprehensive and essential benefits, the National Stabilization Agreement of the Sheet Metal Industry Trust Fund enables its members to navigate the challenges and uncertainties of their careers with greater peace of mind and stability. Through its commitment to the economic well-being of sheet metal workers and their families, this organization has become an invaluable resource in the industry.

    Impact

    This information is meant to be a general summary of National Stabilization Agreement Of The Sheet Metal Industry Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The National Stabilization Agreement Of The Sheet Metal Industry Trust Fund aims to provide various benefits such as health and welfare, supplemental unemployment and underemployment benefits, special travel, severance, death, maternity, benevolent relief, retiree health premium reimbursements, and retiree health care reimbursement account benefits. By offering these benefits, the Trust Fund supports the economic well-being of sheet metal workers and employees. This assistance helps stabilize the financial security of those in the industry, ensuring they have support during various life circumstances and transitions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,661,385
  • Program Service Revenue: $74,767,158
  • Gross Receipts: $745,692,773

    • Assets and Liabilities:
  • Total Assets: $1,274,548,085
  • Total Liabilities: $9,633,344
  • Net Assets: $1,264,914,741
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $74,767,158

    Organization Details

    Founding Year

    1973

    Principal Officer

    John Daniel

    Main Address

    3180 FAIRVIEW PARK DRIVE 150, FALLS CHURCH, VA, 22042

    NTEE Category

    Code: Y40 - Mutual benefit

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