Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan

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

EIN: 386099712 ✦ Troy, MI ✦ Designated as a 501(c)(9)

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Overview

What is Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan?

Sheet Metal Workers Local 7 Zone 1 Health and Welfare Plan is a nonprofit organization situated in Troy, Michigan. With a mission to provide medical and additional benefits, this organization serves a total of 839 members and 1,063 of their dependents. The organization operates as an employees' beneficiary association and is dedicated to ensuring the well-being of its members by offering comprehensive healthcare provisions. The plan's activities revolve around offering medical and related benefits to its members, contributing positively to the community of sheet metal workers in Zone 1.

Is Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan legitimate?

Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan 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: $1,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,763

For more financial information, click here

What is the mission statement of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan?

The Sheet Metal Workers Local 7 Zone 1 Health and Welfare Plan is committed to providing medical and other benefits for its members' and their dependents' well-being. The primary goal of this employees' beneficiary association is to extend these advantages to a total of 839 members and 1,063 of their relatives. The plan actively works towards ensuring the health and overall welfare of its members by offering essential medical benefits.

Who is the CEO of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan?

Danette Sears is the Trustee of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan.

What is the revenue of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan?

Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan's revenue in 2022 was $8,395,591.

Who are the executives of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan and what are their salaries?

The average compensation at Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan during 2022 was $4,518. There are 13 employees and 10 volunteers at Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan.


Here are 10 key members and their salaries:


James Callahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Walters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry O'Brien (Trustee)
  • Compensation: $1,472
  • Related: $0
  • Other: $0
Paul Burchfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Zygadlo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Alvarado (Trustee)
  • Compensation: $499
  • Related: $0
  • Other: $0
Samual Fuller (Alternate Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Farrington (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Herder (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danette Sears (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan?

Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan

Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan is committed to providing medical and other benefits for its members and their dependents. This employees' beneficiary association aims to extend essential healthcare services and related benefits to its 839 members and an additional 1,063 of their family members. The mission of this organization is to ensure the well-being of its members by offering comprehensive healthcare solutions, thereby enhancing their overall quality of life.

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Impact




October, 2024

The Sheet Metal Workers Local 7 Zone 1 Health and Welfare Plan significantly impacts its members by delivering essential medical and related benefits. Serving 839 members and their 1,063 dependents, the plan ensures they have access to healthcare services, which promotes their overall well-being and financial stability. By providing these benefits, the plan alleviates the burden of medical costs, allowing members to focus on their work and families without the constant worry of healthcare expenses. The plan's mission fosters a supportive community among members, enhancing their quality of life and contributing to a healthier workforce in Troy, MI.




This information is meant to be a general summary of Sheet Metal Workers Local 7 Zone 1 Health And Welfare Plan. 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.

Revenue
$8,395,591 (2022)
Expenses
$8,446,801 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $300
  • Program Service Revenue: $8,395,291
  • Gross Receipts: $8,395,591

Assets and Liabilities:

  • Total Assets: $6,700,606
  • Total Liabilities: $0
  • Net Assets: $6,700,606

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$7,704,194

MEMBER SELF-PAYMENTS

Revenue

$414,271

PRESCRIPTION DRUG REBA

Revenue

$276,826

Organization Details

Founding Year

2002

Principal Officer

Danette Sears

Main Address

700 TOWER DR STE 300 PO BOX 1156, TROY, MI, 480991218

NTEE Category

Code: Y40 - Mutual benefit

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