Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit

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

EIN: 386112387 ✦ Troy, MI ✦ Designated as a 501(c)(9)

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Overview

What is Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit?

Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit is a program designed to offer financial assistance to eligible participants, alleviating economic hardships caused by employment disruptions. Based in Troy, Michigan, this initiative operates under the umbrella of Sheet Metal Workers Local No 80. Its primary mission is to provide benefits to those in need, offering a safety net during challenging times. The program's goal is to help individuals maintain their financial stability and overcome the challenges brought on by employment interruptions.


Official website here: www.benesysinc.com/benefit.sheet80fund

Is Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit legitimate?

Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit 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: $0

For more financial information, click here


Official website here: www.benesysinc.com/benefit.sheet80fund

What is the mission statement of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit?

The mission of Sheet Metal Workers Local No 80's Supplemental Unemployment Benefit is to offer aid to eligible participants, alleviating economic hardships caused by employment disruptions. This initiative is designed to provide a safety net, ensuring financial support during times of employment interruption. By offering these benefits, the program aims to help individuals weather temporary financial crises and maintain stability in their lives.


Official website here: www.benesysinc.com/benefit.sheet80fund

Who is the CEO of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit?

Same As C Above is the Principal Officer of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit.


Official website here: www.benesysinc.com/benefit.sheet80fund

What is the revenue of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit?

Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit's revenue in 2022 was $2,288,765.


Official website here: www.benesysinc.com/benefit.sheet80fund

Who are the executives of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit and what are their salaries?


Here are 9 key members and their salaries:


Timothy Mulligan (Chairman)
  • Compensation: $0
  • Related: $145,859
  • Other: $54,352
Jason Grunenwald (Trustee)
  • Compensation: $0
  • Related: $131,193
  • Other: $54,219
Jason Constantine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Kimmel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Levin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Norris-Senopole (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Pagel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Switalski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Zabik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.benesysinc.com/benefit.sheet80fund

Where can I find the form 990 for Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit?

Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.benesysinc.com/benefit.sheet80fund

Learn more at the official website: www.benesysinc.com/benefit.sheet80fund

Mission Statement of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit

Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit is a mission-driven program designed to alleviate economic hardship experienced by eligible participants due to employment disruptions. This organization's primary objective is to provide financial assistance during challenging times, offering a safety net for individuals in need. By offering these benefits, Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit aims to offer a helping hand to those impacted by employment disruptions, easing their financial burdens and promoting overall well-being.

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Impact




October, 2024

The Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit program plays a crucial role in providing financial assistance to eligible participants facing economic hardship due to job disruptions. By offering supplemental unemployment benefits, the program helps individuals navigate the challenges of job loss or reduced work hours, ensuring they have some financial cushion during difficult times. This support can alleviate immediate financial stress, allowing participants to focus on job searches or training opportunities without the overwhelming pressure of meeting daily expenses.

Moreover, the program fosters a sense of community and solidarity among workers in the sheet metal industry, as it underscores the importance of mutual assistance during periods of unemployment. The financial aid not only aids individuals but also contributes to the overall stability of the local economy by enabling recipients to maintain their purchasing power. In summary, the program significantly impacts participants' lives by easing economic hardship and bolstering community resilience in the face of employment disruptions.




This information is meant to be a general summary of Sheet Metal Workers Local No 80 Supplemental Unemployment Benefit. 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
$2,288,765 (2022)
Expenses
$1,333,984 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $496,943
  • Program Service Revenue: $1,791,791
  • Gross Receipts: $4,293,675

Assets and Liabilities:

  • Total Assets: $11,468,049
  • Total Liabilities: $65,165
  • Net Assets: $11,402,884

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,791,791

Organization Details

Founding Year

1965

Principal Officer

Same As C Above

Main Address

700 TOWER DRIVE, TROY, MI, 480983446

NTEE Category

Code: Y40 - Mutual benefit

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