Form 990 for tax year 2023
Filed by WISCONSIN FOX RIVER VALLEY SHEET METAL WORKERS WELFARE TRUST.
Totals
- Total revenue
- $14,909,741
- Total expenses
- $13,851,388
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $14,558,353
- Investment income
- $346,597
- Other revenue
- $4,791
- Total assets, end of year
- $19,805,022
- Total liabilities, end of year
- $1,521,944
- Net assets or fund balances, end of year
- $18,283,078
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $14,179,773 · related or exempt $14,179,773
-
2b · Program service revenue: PARTICIPANT CONTRIBUTIONS
total $378,580 · related or exempt $378,580
-
3 · Investment income
total $414,724 · excluded $414,724
-
7a · Gross sales of assets other than inventory
securities $1,983,595
-
7b · Less cost or other basis and sales expenses
securities $2,051,722
-
7c · Gain or loss
securities -$68,127
-
7d · Net gain or loss
total -$68,127 · excluded -$68,127
-
11a · Other revenue: SHARED EXPENSE REIMBURSEMENTS
total $4,791 · related or exempt $4,791
-
11e · Other revenue, total
$4,791
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $13,209,081
-
11a · Fees: management
total $254,325
-
11b · Fees: legal
total $91,604
-
11c · Fees: accounting
total $31,915
-
11f · Fees: investment management
total $59,444
-
11g · Fees: other
total $90,522
-
13 · Office expenses
total $27,944
-
14 · Information technology
total $16,125
-
19 · Conferences, conventions and meetings
total $685
-
23 · Insurance
total $16,587
-
24a · Other expenses: TRANSPARENCY COMPLIANCE
total $28,031
-
24b · Other expenses: BANK CHARGES
total $20,086
-
24c · Other expenses: GOVERNMENTAL FEES AND A
total $3,873
-
24d · Other expenses: MISCELLANEOUS
total $1,166
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,639,811 · end of year $3,725,310
-
2 · Savings and temporary cash investments
beginning of year $468,638 · end of year $507,073
-
4 · Accounts receivable
beginning of year $1,729,468 · end of year $2,005,749
-
9 · Prepaid expenses and deferred charges
beginning of year $31,974 · end of year $35,945
-
11 · Investments: publicly traded securities
beginning of year $12,317,222 · end of year $13,530,945
-
17 · Accounts payable and accrued expenses
beginning of year $219,297 · end of year $137,100
-
25 · Other liabilities
beginning of year $1,651,648 · end of year $1,384,844
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $16,316,168 · end of year $18,283,078
Mission and programs · 2023
Mission
TO PROVIDE WELFARE BENEFITS, SUCH AS LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT, LOSS OF TIME, DISABILITY, DENTAL, VISION, HOSPITAL, AND SURGICAL BENEFITS FOR UNION MEMBERS AND THEIR SPOUSE AND/OR DEPENDENTS.
Activities or mission (Part I)
PROVIDE HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS AND THEIR BENEFICIARIES.
-
TO PROVIDE HEALTH, LIFE, DENTAL, VISION, PRESCRIPTION DRUG, AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS, SPOUSES, AND DEPENDENTS.
As filed on the 2023 return.
Listed in Part VII
-
Daniel WippichDANIEL WIPPICH
SECRETARY
- Total calculated
- $189,503
- From this org
- $0
- From related orgs
- $108,195
- Other
- $81,308
- Hours/week
- 1 + 44 related
Schedule J breakdown matched by us
- Base
- $0 + $108,195 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $57,858 related
- Nontaxable benefits
- $0 + $23,450 related
- Filer's total
- $0 + $189,503 related
-
Carven BlanckCARVEN BLANCK
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey GaeckeJEFFREY GAECKE
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jodi Miller-LarsonJODI MILLER-LARSON
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Matthew ForsterMATTHEW FORSTER
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott KnockeSCOTT KNOCKE
UNION TRUSTEE
- Total calculated
- $244,856
- From this org
- $0
- From related orgs
- $150,857
- Other
- $93,999
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $150,857 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $65,602 related
- Nontaxable benefits
- $0 + $28,397 related
- Filer's total
- $0 + $244,856 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- OFFICERS ARE COMPENSATED IN ACCORDANCE WITH THE LOCAL ELECTION STANDARDS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SHEET METAL WORKERS INTERNATIONAL ASSOCIATION LOCAL UNION NO 18 AFL-CIO
501(C)(5) · LABOR UNION · WI
-
FOX VALLEY AREA SHEET METAL WORKERS JOURNEYMAN & APPRENTICE TRAINING FUND
501(C)(3) · APPRENTICESHIP TRAINING · WI
-
WISCONSIN SHEET METAL HEALTH FUND
501(C)(9) · HEALTH FUND · WI
-
SHEET METAL LOCAL 435
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
ANDERSON HVAC LLC
-
COENEN MECHANICAL LLC
-
H&M STAINLESS LLC
-
MONROE FABRICATION LLC
-
FULLER MECHANICAL LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
AUGUST WINTER & SONS INC
-
AZCO INC
-
B&P MECHANICAL INC
-
BASSETT MECHANICAL
-
BAUMGART MECHANICAL
-
BEST MECHANICAL SERVICES
-
EGI MECHANICAL INC
-
EVOLVE MECHANICAL TECHNOLOGIES
-
FOX CITIES SHEET METAL INC
-
GARTMAN HEATING & AC
-
GREAT LAKES MECHANICAL
-
GRP MECHANICAL INC
-
HURCKMAN MECHANICAL INC
-
ILLINGWORTH-KIL
-
IVI NORTH INC
-
JF AHERN COMPANY INC
-
JAMAR COMPANY
-
JOHNSON CONTROLS APPLETON
-
MECHANICAL TECHNOLOGIES INC
-
MUZA SHEET METAL CO
-
TWEET GAROT MECHANICAL #1
-
VALLEY MECHANICAL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501039349300205
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