Sheet Metal Workers Local Union No 28 Welfare Fund

Organization Overview

Sheet Metal Workers Local Union No 28 Welfare Fund is located in Mineola, NY. The organization was established in 1948. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Sheet Metal Workers Local Union No 28 Welfare Fund employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheet Metal Workers Local Union No 28 Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Sheet Metal Workers Local Union No 28 Welfare Fund generated $78.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $87.1m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEMBERS WITH HEALTH AND WELFARE BENEFITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE MEMBERS WITH HEALTH AND WELFARE BENEFITS.


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Board, Officers & Key Employees

Name (title)Compensation
Glen Camisa
Executive Director
$197,537
Jennifer Blake
Office Manager
$140,638
Carlos Andrade
Employee
$138,667
Robert Katuna
Employee
$103,610
Frank Narciso
Trustee
$0
Maureen O'connor
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Calibre Cpa Group Pllc
Audit And Compliance Services
$129,626
Colleran O'hara 7 Mills
Legal
$100,848
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$70,115,881
Investment income $2,869,495
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,762,194
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $78,772,584

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