Overview
What is Sheet Metal Workers Local 24 Supplemental Unemployment Fund?
Sheet Metal Workers Local 24 Supplemental Unemployment Fund is a nonprofit organization situated in Cincinnati, Ohio. Its primary mission is to offer supplemental unemployment benefits to eligible members of Sheet Metal Workers Local 24. These benefits encompass unemployment compensation, health and welfare premium payments, death benefits, disability benefits, and separation benefits. With a team of 36 dedicated individuals, this nonprofit aims to provide financial support and assistance during challenging periods, thereby contributing to the well-being of its members.
Is Sheet Metal Workers Local 24 Supplemental Unemployment Fund legitimate?
Sheet Metal Workers Local 24 Supplemental Unemployment Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local 24 Supplemental Unemployment 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 tax deductible.
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What is the mission statement of Sheet Metal Workers Local 24 Supplemental Unemployment Fund?
The Sheet Metal Workers Local 24 Supplemental Unemployment Fund's mission is centered around providing supplemental unemployment benefits to eligible members. This encompasses offering unemployment compensation, contributing towards health and welfare premium payments, providing death benefits, ensuring disability benefits, and offering separation benefits. The primary objective is to support these individuals during periods of unemployment or hardship.
Who is the CEO of Sheet Metal Workers Local 24 Supplemental Unemployment Fund?
James Schlotman is the Chairman of Sheet Metal Workers Local 24 Supplemental Unemployment Fund.
What is the revenue of Sheet Metal Workers Local 24 Supplemental Unemployment Fund?
Sheet Metal Workers Local 24 Supplemental Unemployment Fund's revenue in 2022 was $389,310.
Who are the executives of Sheet Metal Workers Local 24 Supplemental Unemployment Fund and what are their salaries?
There are 36 employees at Sheet Metal Workers Local 24 Supplemental Unemployment Fund.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sheet Metal Workers Local 24 Supplemental Unemployment Fund?
Sheet Metal Workers Local 24 Supplemental Unemployment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local 24 Supplemental Unemployment Fund
The Sheet Metal Workers Local 24 Supplemental Unemployment Fund is committed to providing supplemental unemployment benefits for eligible members of Sheet Metal Workers Local 24. This nonprofit organization offers a range of benefits to support its members during times of unemployment, including unemployment compensation, health and welfare premium payments, death benefits, disability benefits, and separation benefits. By offering these supplemental benefits, the Sheet Metal Workers Local 24 Supplemental Unemployment Fund aims to provide financial assistance and security to its members during difficult times. The fund's mission is to provide a safety net for its members, ensuring they have the resources they need to weather periods of unemployment and maintain their well-being. This support can include financial assistance for healthcare premiums, death benefits for families of deceased members, disability benefits for those unable to work due to injury or illness, and separation benefits for members who leave the union under certain circumstances. Overall, the Sheet Metal Workers Local 24 Supplemental Unemployment Fund serves as a vital resource for its members, providing financial support and security during times of unemployment.
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Impact
October, 2024
The Sheet Metal Workers Local 24 Supplemental Unemployment Fund significantly impacts its members by providing essential financial support during times of unemployment. This assistance includes supplemental unemployment compensation, which helps bridge the gap between lost wages and members’ daily living expenses.
Additionally, the fund offers health and welfare premium payments, ensuring that members can maintain their health insurance coverage even when they are not working. This is particularly important in industries where access to healthcare can be a concern. The fund also provides death benefits and disability benefits, which offer crucial financial relief to members' families in times of loss or to those who face unexpected health challenges.
Overall, the fund’s contributions foster greater financial security among the members of Sheet Metal Workers Local 24, empowering them to navigate economic hardships with a safety net that supports their well-being and that of their families.
This information is meant to be a general summary of Sheet Metal Workers Local 24 Supplemental Unemployment Fund. 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: $57,652
- Program Service Revenue: $331,658
- Gross Receipts: $389,310
Assets and Liabilities:
- Total Assets: $3,234,932
- Total Liabilities: $41,515
- Net Assets: $3,193,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$331,658
Organization Details
Founding Year
1993
Phone
(513) 872-7500Principal Officer
James Schlotman
Main Address
2035 READING ROAD, CINCINNATI, OH, 452021415
NTEE Category
Code: Y40 - Mutual benefit
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