Sheet Metal Workers Vacation Fund

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

EIN: 736101985 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(9)

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Overview

What is Sheet Metal Workers Vacation Fund?

The Sheet Metal Workers Vacation Fund is a nonprofit organization situated in Oklahoma City, Oklahoma. Its primary function is the administration of vacation benefits, which are exempt under section 512(a)(3)(b). This fraternal beneficiary society and voluntary employees association is dedicated to managing vacation benefits for its members, serving as a source of rest and relaxation for those in the sheet metal industry. Its operations extend to providing vacation benefits solely, making it unique in its focus.

Is Sheet Metal Workers Vacation Fund legitimate?

Sheet Metal Workers Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Vacation 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 Vacation Fund?

The Sheet Metal Workers Vacation Fund's mission is centered around the administration of vacation benefits, which are exempt under Section 512(a)(3)(b). The organization carries out this mission through its programs, which primarily focus on providing vacation benefits. Operating as a fraternal beneficiary society and voluntary employees association, the Sheet Metal Workers Vacation Fund is committed to managing these exempt vacation benefits.

Who is the CEO of Sheet Metal Workers Vacation Fund?

Jerry G Hovarter is the Trustee of Sheet Metal Workers Vacation Fund.

What is the revenue of Sheet Metal Workers Vacation Fund?

Sheet Metal Workers Vacation Fund's revenue in 2023 was $1,870,569.

Who are the executives of Sheet Metal Workers Vacation Fund and what are their salaries?


Here are 3 key members and their salaries:


Leon Hank Reaves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry G Hovarter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Kirk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheet Metal Workers Vacation Fund?

Sheet Metal Workers Vacation Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sheet Metal Workers Vacation Fund

The Sheet Metal Workers Vacation Fund is dedicated to the administration of vacation benefits, which have been exempted under section 512(a)(3)(b). In essence, this organization serves as a platform for managing vacation benefits, operating under the guidelines set forth by the aforementioned exemption. It functions as a fraternal beneficiary society and voluntary employees association, ensuring the seamless provision of vacation benefits to its members. The Sheet Metal Workers Vacation Fund is committed to this specific mission, providing a valuable service to its constituents by managing their vacation benefits in accordance with the specified exemption.

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Impact




October, 2024

The Sheet Metal Workers Vacation Fund plays a crucial role in supporting workers by administering vacation benefits tailored specifically to their needs. By managing these benefits, the Fund ensures that employees in the sheet metal industry can access paid time off, allowing them to recharge and maintain a healthy work-life balance. This fosters a positive work environment and enhances overall job satisfaction.

Operating under specific regulations, the Fund focuses solely on vacation benefits, streamlining the process for workers to take time off without financial stress. This dedicated approach highlights the importance of mutual support among employees, reinforcing a sense of community within the industry. By prioritizing the well-being of its members, the Sheet Metal Workers Vacation Fund contributes significantly to the overall welfare and morale of workers, promoting a culture of care and consideration within their profession.




This information is meant to be a general summary of Sheet Metal Workers Vacation 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
$1,870,569 (2023)
Expenses
$1,861,300 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,630
  • Program Service Revenue: $1,862,369
  • Gross Receipts: $1,870,569

Assets and Liabilities:

  • Total Assets: $978,877
  • Total Liabilities: $959,557
  • Net Assets: $19,320

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Programs

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

VACATION FUNDS REMITTE

Revenue

$1,862,369

Organization Details

Founding Year

1967

Principal Officer

Jerry G Hovarter

Main Address

3800 N W 36TH STREET, OKLAHOMA CITY, OK, 73112

NTEE Category

Code: Y40 - Mutual benefit

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