Form 990 for tax year 2024
Filed by SHEET METAL INDUSTRY PROMOTION FUND OF NEW YORK CITY.
Totals
- Total revenue
- $1,144,417
- Total expenses
- $1,459,502
- Contributions and grants received
- $0
- Grants paid
- $741,976
- Program service revenue
- $1,077,991
- Investment income
- $55,035
- Other revenue
- $11,391
- Total assets, end of year
- $2,399,733
- Total liabilities, end of year
- $752,823
- Net assets or fund balances, end of year
- $1,646,910
- 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: CONTRACTUAL EMPLOYER C
total $977,914 · related or exempt $977,914
-
2b · Program service revenue: RENTAL REIMBURSEMENT
total $100,077 · related or exempt $100,077
-
3 · Investment income
total $55,035 · excluded $55,035
-
8a · Fundraising events: gross income
$105,463
-
8b · Fundraising events: direct expenses
$94,072
-
8c · Net income from fundraising events
total $11,391 · excluded $11,391
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $741,976
-
5 · Compensation of officers, directors and key employees
total $191,161
-
10 · Payroll taxes
total $12,531
-
11b · Fees: legal
total $185,000
-
11c · Fees: accounting
total $20,400
-
13 · Office expenses
total $55,134
-
14 · Information technology
total $14,213
-
16 · Occupancy
total $213,069
-
22 · Depreciation, depletion and amortization
total $19,228
-
23 · Insurance
total $5,412
-
24a · Other expenses: GIFTS, DONATION AND DIN
total $1,378
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,267,545 · end of year $1,567,431
-
2 · Savings and temporary cash investments
beginning of year $785,614
-
4 · Accounts receivable
beginning of year $100,070 · end of year $75,089
-
9 · Prepaid expenses and deferred charges
beginning of year $99,548 · end of year $85,684
-
10a · Land, buildings and equipment: cost or other basis
$179,918
-
10b · Land, buildings and equipment: accumulated depreciation
$134,320
-
10c · Land, buildings and equipment, net
beginning of year $50,227 · end of year $45,598
-
15 · Other assets
beginning of year $898,222 · end of year $625,931
-
17 · Accounts payable and accrued expenses
beginning of year $131,083 · end of year $12,887
-
19 · Deferred revenue
beginning of year $76,600 · end of year $0
-
25 · Other liabilities
beginning of year $1,031,548 · end of year $739,936
-
27 · Net assets without donor restrictions
beginning of year $1,961,995 · end of year $1,646,910
Mission and programs · 2024
Mission
COLLECTS INDUSTRY EMPLOYERS CONTRIBUTIONS WHICH PROVIDES THE FUNDING FOR THE DISSEMINATION OF INDUSTRY, EDUCATIONAL PROGRAMS, PUBLIC RELATIONS AND TRAINING.
-
SHEET METAL & AIR CONDITIONING NATIONAL ASSOCIATION IFUS DUES.
-
SHEET METAL & AIR CONDITIONING CONTRACTORS ASSOCIATION OF NYC PROGRAM REIMBURSEMENT.
-
LABOR MANAGMENT COMMITTEE GRANT.
-
OCCUPANCY AND OTHER.
-
STAFF.
-
PROFESSIONAL FEES.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul BertiPAUL BERTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kristy FlorioKRISTY FLORIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael McCuskerMICHAEL MCCUSKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas NarcisoTHOMAS NARCISO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lisa WeickertLISA WEICKERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William RothbergWILLIAM ROTHBERG
EXECUTIVE DIRECTOR AND SECRETARY
- Total calculated
- $0
- Hours/week
- 25 + 25 related
-
John ContrubisJOHN CONTRUBIS
EXECUTIVE DIRECTOR AND SECRETARY
- Total calculated
- $0
- Hours/week
- 25 + 25 related
-
Elizabeth CastilloELIZABETH CASTILLO
MANAGER
- Total calculated
- $191,161
- From this org
- $159,000
- From related orgs
- $0
- Other
- $32,161
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,000
- Bonus
- $6,000
- Other
- $0
- Deferred
- $19,228
- Nontaxable benefits
- $12,933
- Filer's total
- $191,161
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
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
-
SHEET METAL & AIR CONDITIONING
$550,000
GENERAL SUPPORT
-
SHEET METAL & AIR CONDITIONING
$166,976
GENERAL SUPPORT
-
$25,000
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523099349302237
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