Sheet Metal Workers-49 Welfare Fund

Organization Overview

Sheet Metal Workers-49 Welfare Fund is located in Albuquerque, NM. The organization was established in 1954. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheet Metal Workers-49 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 03/2022, Sheet Metal Workers-49 Welfare Fund generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $6.5m during the year ending 03/2022. While expenses have increased by 12.0% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH AND WELFARE BENEFITS FOR MEMBERS OF LOCAL 49 INCLUDING MEDICAL, SURGICAL, DISABILITY, ACCIDENT, DENTAL, AND VISION BENEFITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HEALTH AND WELFARE BENEFITS FOR MEMBERS OF LOCAL 49 INCLUDING MEDICAL, SURGICAL, DISABILITY, ACCIDENT, DENTAL,AND VISION BENEFITS.


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Board, Officers & Key Employees

Name (title)Compensation
Ronda Gililand- Lopez
Vice-Secretary
$0
Garry Willis
Chairman
$0
Vince Alvarado
Vice-Chairman
$0
Tony Kocurek
Secretary
$0
Dana Skaar
Trustee
$0
Isaiah Zemke
Trustee
$0

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$4,574,155
Investment income $308,596
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $545,980
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,428,731

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