Sheet Metal 18 Local Training Fund is located in Waukesha, WI. The organization was established in 2017. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheet Metal 18 Local Training Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sheet Metal 18 Local Training Fund generated $189.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $142.7k during the year ending 12/2022. While expenses have increased by 13.9% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE EAST CENTRAL WISCONSIN SHEET METAL JOURNEYMAN AND APPRENTICE TRAINING TRUST FUND IS A TRUST FUND USED FOR THE TRAINING AND EDUCATION OF MEMBERS OF THE INT'L. ASSOC. OF SHEET METAL WORKERS, AIR, RAIL AND TRANSP. WORKERS LOCAL UNION #18.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Matt Van Der Puy Co-Chairman  | 0.5 | $0 | |
Grant Nadler Co-Chairman  | 0.5 | $0 | |
Ken Liebenstein Union Trustee  | 0.5 | $0 | |
Brad Aldag Employer Trustee  | 0.5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $185,002 | 
| Membership dues | $0 | 
| Investment income | $35 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $3,950 | 
| Total Revenue | $188,987 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $22,578 | 
| Salaries, other compensation, and employee benefits | $66,861 | 
| Professional fees and other payments to independent contractors | $32,926 | 
| Occupancy, rent, utilities, and maintenance | $5,427 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $14,893 | 
| Total expenses | $142,685 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216,601 | 
| Other assets | $0 | 
| Total assets | $257,690 | 
| Total liabilities | $15,730 | 
| Net assets or fund balances | $241,960 |