Sheet Metal Benefit Plans Administrative Corporation

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

EIN: 954337897 ✦ Manhattan beach, CA ✦ Designated as a 501(c)(5)

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Overview

What is Sheet Metal Benefit Plans Administrative Corporation?

Sheet Metal Benefit Plans Administrative Corporation is a central recordkeeping agency, established in Manhattan Beach, California, specifically at 111 N Sepulveda Blvd STE 210. Its primary role is to manage and maintain records for various trust funds associated with sheet metal workers. This organization plays a crucial part in ensuring the proper administration of these trust funds, contributing to the financial well-being of the sheet metal workforce.

Is Sheet Metal Benefit Plans Administrative Corporation legitimate?

Sheet Metal Benefit Plans Administrative Corporation is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Benefit Plans Administrative Corporation 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: $328,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,242,323

For more financial information, click here

What is the mission statement of Sheet Metal Benefit Plans Administrative Corporation?

The Sheet Metal Benefit Plans Administrative Corporation serves as a central recordkeeping agency for trust funds associated with sheet metal workers. Its mission, in essence, is to maintain and manage these trust funds effectively, ensuring accurate and organized recordkeeping. This organization plays a crucial role in facilitating the administration of benefits for those in the sheet metal industry.

Who is the CEO of Sheet Metal Benefit Plans Administrative Corporation?

Vern Shaffer is the Executive Director of Sheet Metal Benefit Plans Administrative Corporation.

What is the revenue of Sheet Metal Benefit Plans Administrative Corporation?

Sheet Metal Benefit Plans Administrative Corporation's revenue in 2022 was $5,458,093.

Who are the executives of Sheet Metal Benefit Plans Administrative Corporation and what are their salaries?


Here are 12 key members and their salaries:


Vern Shaffer (Executive Director)
  • Compensation: $328,817
  • Related: $0
  • Other: $73,570
Chris Hevener (Controller)
  • Compensation: $115,720
  • Related: $0
  • Other: $20,032
Melanie Shepherd (Property Manager)
  • Compensation: $115,664
  • Related: $0
  • Other: $20,032
Nichola Still (Claims Dept Mgr)
  • Compensation: $102,890
  • Related: $0
  • Other: $20,032
Craig Wiseman (Accounting Supervisor)
  • Compensation: $101,516
  • Related: $0
  • Other: $20,032
Kim Henderson (Pension Manager)
  • Compensation: $100,049
  • Related: $0
  • Other: $20,032
Jeff Holly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rivera (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Cagampan Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Fortin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hinson (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Hernandez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sheet Metal Benefit Plans Administrative Corporation?

Sheet Metal Benefit Plans Administrative Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sheet Metal Benefit Plans Administrative Corporation

Sheet Metal Benefit Plans Administrative Corporation serves as a central recordkeeping agency for various trust funds associated with sheet metal workers. Its mission, in simpler terms, involves meticulously maintaining and organizing records related to these trust funds. This role is crucial in ensuring the smooth operation and transparency of these funds, benefiting the sheet metal workers who are directly or indirectly associated with them. By acting as a centralized repository for these records, Sheet Metal Benefit Plans Administrative Corporation plays a significant role in the financial management and oversight of these funds, thereby contributing to the overall well-being of the sheet metal worker community.

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Impact




October, 2024

Sheet Metal Benefit Plans Administrative Corporation serves as a crucial central recordkeeping agency for sheet metal worker trust funds. By managing the financial records and ensuring the accuracy of contributions and benefits, it plays an essential role in the financial well-being of sheet metal workers and their families. This organization facilitates the administration of various trust funds, providing transparency and reliability in the management of benefits. Its presence in Manhattan Beach, CA, underscores its commitment to supporting the workforce in the sheet metal industry, ensuring that workers have access to vital benefits and resources throughout their careers. Overall, its impact is significant in promoting economic security and enhancing the quality of life for those it serves.




This information is meant to be a general summary of Sheet Metal Benefit Plans Administrative Corporation. 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
$5,458,093 (2022)
Expenses
$5,458,093 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,458,093
  • Gross Receipts: $5,458,093

Assets and Liabilities:

  • Total Assets: $2,427,570
  • Total Liabilities: $1,996,537
  • Net Assets: $431,033

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Programs

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

ADMIN SERVICES

Revenue

$5,458,093

Organization Details

Founding Year

1991

Principal Officer

Vern Shaffer

Main Address

111 N SEPULVEDA BLVD STE 210, MANHATTAN BEACH, CA, 90266

NTEE Category

Code: Y30 - Mutual benefit

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