Sheet Metal Workers Local 85 Welfare Fund

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

EIN: 586056203 ✦ Goodlettsville, TN ✦ Designated as a 501(c)(9)

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Overview

What is Sheet Metal Workers Local 85 Welfare Fund?

Sheet Metal Workers Local 85 Welfare Fund is a nonprofit organization devoted to offering health and welfare benefits for eligible members. The Fund's primary mission is to administer a plan that provides life, accidental death and dismemberment, disability, hospitalization, and major medical benefits, as outlined in the plan. By ensuring access to essential health insurance benefits, the organization enhances the well-being and security of its participants.

Is Sheet Metal Workers Local 85 Welfare Fund legitimate?

Sheet Metal Workers Local 85 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local 85 Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sheet Metal Workers Local 85 Welfare Fund?

The Sheet Metal Workers Local 85 Welfare Fund is dedicated to maintaining a plan of benefits for eligible participants. Its primary objective is to provide health and welfare coverage, inclusive of life, accidental death and dismemberment, disability, hospitalization, and major medical benefits as outlined in the plan. The Fund's mission revolves around ensuring the well-being of its members by offering essential health insurance benefits. The provision of health and welfare benefits is the cornerstone of the Fund's purpose.

Who is the CEO of Sheet Metal Workers Local 85 Welfare Fund?

Steve Langley is the Trustee of Sheet Metal Workers Local 85 Welfare Fund.

What is the revenue of Sheet Metal Workers Local 85 Welfare Fund?

Sheet Metal Workers Local 85 Welfare Fund's revenue in 2022 was $12,171,943.

Who are the executives of Sheet Metal Workers Local 85 Welfare Fund and what are their salaries?


Here are 8 key members and their salaries:


Chris Airington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James L Jackson Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Knox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Langley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger D Slaick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan C Sterling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Stroer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Schuyler Worthey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheet Metal Workers Local 85 Welfare Fund?

Sheet Metal Workers Local 85 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sheet Metal Workers Local 85 Welfare Fund

Sheet Metal Workers Local 85 Welfare Fund is a charitable organization dedicated to extending benefits to its eligible participants. The primary objective of this Fund is to establish and manage a comprehensive plan that covers various aspects of health and welfare. By doing so, it ensures that participants receive essential benefits including life, accidental death and dismemberment, disability, hospitalization, and major medical coverage.

This Fund's mission is geared towards providing health insurance benefits to its members. It aims to maintain and uphold a well-structured plan that caters to the health and welfare needs of its participants. By focusing on the provision of these vital benefits, Sheet Metal Workers Local 85 Welfare Fund plays a significant role in enhancing the overall quality of life for its members. The organization's unwavering commitment to its mission is evident in its dedication to offering a broad range of benefits designed to protect and support its participants when they need it most.

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Impact




October, 2024

Sheet Metal Workers Local 85 Welfare Fund plays a crucial role in enhancing the well-being of its participants by providing vital health and welfare benefits. With a mission focused on supporting eligible members, the Fund ensures access to life insurance, accidental death and dismemberment coverage, disability benefits, and comprehensive hospitalization and major medical care.

By maintaining a structured plan of benefits, the Fund addresses the critical needs of its members, promoting not only their health but also providing financial security in times of crisis. The provision of these benefits is essential in safeguarding the quality of life for participants and their families, thereby contributing positively to the community in Goodlettsville, TN. This support system fosters a sense of stability and peace of mind, allowing members to focus on their work and personal lives without the added stress of medical uncertainties.




This information is meant to be a general summary of Sheet Metal Workers Local 85 Welfare 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.

Revenue
$12,171,943 (2022)
Expenses
$14,865,522 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$330,618
  • Program Service Revenue: $12,157,916
  • Gross Receipts: $27,316,786

Assets and Liabilities:

  • Total Assets: $9,216,171
  • Total Liabilities: $69,866
  • Net Assets: $9,146,305

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$11,814,241

EMPLOYEE CONTRIBUTIONS

Revenue

$343,675

Organization Details

Founding Year

1966

Principal Officer

Steve Langley

Main Address

PO BOX 1449, GOODLETTSVILLE, TN, 370701449

NTEE Category

Code: Y40 - Mutual benefit

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