Overview
What is Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund?
The Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund is a charitable organization situated in Indianapolis, Indiana. Their primary objective is to extend health and welfare benefits to the union members and their dependents. This includes health coverage, long-term disability, and death benefits. The Fund's mission is to ensure the wellbeing of its members by addressing their health needs and providing essential support during challenging times.
Is Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund legitimate?
Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Workers Local Union No 20 Welfare And Benefit 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $97,404
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,437
For more financial information, click here
What is the mission statement of Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund?
The Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund is dedicated to extending health and welfare, long-term disability, and death benefits to its members and their dependents. Their primary goal is to ensure the well-being of those involved in the sheet metal industry. Through their initiatives, they provide vital financial support during times of need. By focusing on these essential benefits, the Fund seeks to enhance the quality of life for its members and their families.
What is the revenue of Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund?
Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund's revenue in 2023 was $67,426,302.
Who are the executives of Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund and what are their salaries?
The average compensation at Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund during 2023 was $4,387. There are 72 employees at Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund.
Here are 16 key members and their salaries:
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $99,250
- Other: $72,201
- Compensation: $0
- Related: $90,384
- Other: $72,628
- Compensation: $0
- Related: $96,626
- Other: $75,484
- Compensation: $0
- Related: $103,000
- Other: $67,660
- Compensation: $0
- Related: $162,445
- Other: $81,155
- Compensation: $0
- Related: $122,901
- Other: $81,117
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $105,957
- Other: $69,520
- Compensation: $76,596
- Related: $0
- Other: $26,935
- Compensation: $19,231
- Related: $0
- Other: $7,110
Where can I find the form 990 for Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund?
Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sheet Metal Workers Local Union No 20 Welfare And Benefit Fund
The Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund is a charitable organization committed to extending health and welfare benefits to its union members and their families. Established with the purpose of safeguarding the wellbeing of those in the sheet metal industry, this fund ensures that its beneficiaries have access to essential health services and long-term disability coverage.
The fund's primary objective is to promote the overall health and stability of its members and their dependents. By providing comprehensive health benefits, it enables them to maintain optimal physical and mental wellbeing, ensuring they can face the challenges of daily life with confidence. The fund further extends its scope to offer death benefits, providing financial security and support during the most difficult of times.
In essence, the Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund acts as a safety net, ensuring its members have access to essential health services and financial support during times of need. By taking care of its members' wellbeing, it fosters a strong and resilient community, empowering them to focus on their careers and personal growth within the sheet metal industry.
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Impact
October, 2024
The Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund plays a vital role in the lives of its members and their families by providing essential health benefits. With a focus on supporting the well-being of sheet metal workers, the fund ensures access to healthcare services that may otherwise be financially burdensome.
In addition to health benefits, the fund offers long-term disability coverage, granting peace of mind to members in the event of a work-related injury or illness. This support extends not only to the workers but also to their dependents, ensuring a safety net for their families during challenging times.
Furthermore, the fund provides death benefits, a critical aspect that helps ease the financial strain on families faced with the loss of a loved one. By addressing healthcare and welfare needs, the Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund significantly enhances the quality of life for its members, ultimately contributing to a more stable and secure community.
This information is meant to be a general summary of Sheet Metal Workers Local Union No 20 Welfare And Benefit 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 2023.
- Investment Income: $4,797,078
- Program Service Revenue: $61,984,594
- Gross Receipts: $84,924,545
Assets and Liabilities:
- Total Assets: $136,847,179
- Total Liabilities: $428,145
- Net Assets: $136,419,034
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$51,286,400
PARTICIPANT/RETIREE CONTRIBUTIONS
Revenue
$6,854,320
PRESCRIPTION DRUG SUBSIDIES/REBAT
Revenue
$2,999,124
NATIONAL PENSION FUND SUBSIDY
Revenue
$475,695
RECIPROCAL CONTRIBUTIONS
Revenue
$294,850
Organization Details
Founding Year
1954
Phone
(317) 549-6005Principal Officer
Trent Todd
Main Address
2828 EAST 45TH STREET, INDIANAPOLIS, IN, 46205
NTEE Category
Code: J40Z - Employment
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