Utah Sheet Metal Welfare Fund

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

EIN: 876119330 ✦ Murray, UT ✦ Designated as a 501(c)(9)

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Overview

What is Utah Sheet Metal Welfare Fund?

The Utah Sheet Metal Welfare Fund is a Taft-Hartley multi-employer health and welfare plan based in Murray, Utah. Established under a trust agreement, this nonprofit organization offers health and welfare benefits to eligible participants and beneficiaries. Its mission is to ensure the well-being of its members by providing essential coverage under the terms of the trust agreement.

What are the reviews and ratings of this charity?

The Utah Sheet Metal Welfare Fund is currently not rated by Charity Navigator, primarily because it lacks necessary beacon scores in areas like Accountability & Finance. Charity Navigator typically evaluates 501(c)(3) organizations, but this particular organization is not registered as such, which limits the available assessment metrics.

Being an independent organization, the Utah Sheet Metal Welfare Fund does not fit into a broader affiliation, yet it is not eligible to receive the traditional benefits of a 501(c)(3), such as tax-deductible donations, due to its classification. The absence of revenue, expenses, and key salary data makes it challenging to assess their financial health or operational effectiveness through Charity Navigator.

No user reviews are available on GreatNonprofits. This lack of information makes it difficult to gather public sentiment or stakeholder experiences regarding the organization's impact and operations. Overall, more transparency and data would be beneficial for a comprehensive evaluation.


This AI summary has been generated from information found on Charity Navigator.

Is Utah Sheet Metal Welfare Fund legitimate?

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

The Utah Sheet Metal Welfare Fund functions as a collectively bargained Taft-Hartley multi-employer health and welfare plan. It offers health and welfare benefits to eligible participants and beneficiaries, as outlined in the trust agreement. The primary goal of the fund is to provide essential health and welfare benefits, ensuring the well-being of its members. The fund's mission is to maintain a comprehensive benefits program that caters to the needs of its participants, ensuring they have access to necessary healthcare services and resources. The fund is committed to negotiating favorable benefit terms and working collaboratively to improve the overall health and well-being of its members.

Who is the CEO of Utah Sheet Metal Welfare Fund?

Nick Mower is the Chairman of Utah Sheet Metal Welfare Fund.

What is the revenue of Utah Sheet Metal Welfare Fund?

Utah Sheet Metal Welfare Fund's revenue in 2022 was $14,894,443.

Who are the executives of Utah Sheet Metal Welfare Fund and what are their salaries?

There 6 volunteers at Utah Sheet Metal Welfare Fund.


Here are 6 key members and their salaries:


Stephen Richards (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Ericksen (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Leamaster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Matthews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Yates (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Deeds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Utah Sheet Metal Welfare Fund?

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

Mission Statement of Utah Sheet Metal Welfare Fund

The Utah Sheet Metal Welfare Fund, a collectively bargained Taft-Hartley multi-employer health and welfare plan, is dedicated to providing essential health and welfare benefits to its eligible participants and beneficiaries. This nonprofit organization, in line with its mission statement, offers a range of benefits under the stipulations outlined in the Trust Agreement.

In providing for the well-being of its members, the Utah Sheet Metal Welfare Fund acts as a safety net, ensuring access to critical health services and other essential welfare benefits for those who meet the eligibility requirements. By pooling resources from various sheet metal employers, the Fund is able to negotiate favorable terms and secure comprehensive coverage for its members.

This nonprofit trust fund plays a vital role in safeguarding the health and overall well-being of its participants and their dependents. With the collective bargaining power of its member employers, the Utah Sheet Metal Welfare Fund offers a robust benefits package that covers a wide range of healthcare needs and promotes the overall health and well-being of its community.

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Impact




October, 2024

The Utah Sheet Metal Welfare Fund has a significant impact on the health and well-being of its participants and their beneficiaries. By providing a collectively bargained Taft-Hartley multiemployer health and welfare plan, the fund ensures that eligible individuals have access to essential health benefits. This support plays a vital role in promoting financial stability for families, safeguarding against high medical expenses, and improving overall quality of life. The fund's structured benefits program helps to alleviate the concerns of healthcare costs, allowing participants to focus on their work and personal lives without the burden of unexpected health-related financial pressures. In this way, the Utah Sheet Metal Welfare Fund fosters a healthier workforce and community in Murray, Utah, and beyond.




This information is meant to be a general summary of Utah Sheet Metal 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
$14,894,443 (2022)
Expenses
$11,937,156 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $829,289
  • Program Service Revenue: $14,065,154
  • Gross Receipts: $31,449,614

Assets and Liabilities:

  • Total Assets: $18,175,400
  • Total Liabilities: $204,915
  • Net Assets: $17,970,485

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$228,677

EMPLOYER CONTRIBUTIONS

Revenue

$13,836,477

Organization Details

Founding Year

1954

Principal Officer

Nick Mower

Main Address

5251 Green Street Suite 200, Murray, UT, 84123

NTEE Category

Code: Y40 - Mutual benefit

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