Form 990 for tax year 2024
Filed by METROPOLITAN CHICAGOLAND SHEET METAL INDUSTRY FUND.
Totals
- Total revenue
- $1,622,558
- Total expenses
- $1,629,864
- Contributions and grants received
- $0
- Grants paid
- $1,551,014
- Program service revenue
- $1,622,558
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $130,730
- Total liabilities, end of year
- $35,100
- Net assets or fund balances, end of year
- $95,630
- Program services expenses (Part IX)
- $1,615,639
- Management and general expenses
- $14,225
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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: CONTRACTOR CONTRIBUTIONS
total $1,622,558 · related or exempt $1,622,558
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,551,014 · program services $1,551,014
-
11c · Fees: accounting
total $7,963 · management and general $7,963
-
11g · Fees: other
total $59,625 · program services $59,625
-
24a · Other expenses: EXP ALLOC. FROM LOCAL 73
total $5,887 · management and general $5,887
-
24b · Other expenses: EDUCATIONAL SEMINARS
total $5,000 · program services $5,000
-
24c · Other expenses: BANK CHARGES
total $375 · management and general $375
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $140,076 · end of year $130,730
-
25 · Other liabilities
beginning of year $37,140 · end of year $35,100
-
27 · Net assets without donor restrictions
beginning of year $102,936 · end of year $95,630
Mission and programs · 2024
Mission
TO PROMOTE THE SHEET METAL INDUSTRY THROUGHOUT THE CHICAGOLAND AREA, TO PROVIDE SUPPORT FOR THE TRADE ASSOCIATION OF CONTRACTORS AND PROVIDE TECHNICAL EDUCATIONAL TRAINING.
-
THE INDUSTRY FUND PROVIDES FUNDING TO SMACNA GREATER CHICAGO, A LOCAL TRADE ASSOCIATION, AND THE NATIONAL INDUSTRY FUND TO PROVIDE ITS MEMBERS A COLLECTIVE VOICE IN MATTERS IN WHICH THE INTERESTS OF ITS MEMBERS, THE SHEET METAL INDUSTRY, AND THE PUBLIC MAY PROPERLY BENEFIT; TO PROMOTE SOUND LABOR RELATIONS THROUGH LABOR AND MANAGEMENT COOPERATION; TO STUDY AND INSTITIUTE STANDARDS AND PRACTICES IN THE SHETT METAL INDUSTRY.
-
THE INDUSTRY FUND, IN AN EFFORT TO PROMOTE INDUSTRY SAFETY PRACTICES, PROVIDES DRUG TESTING PROGRAMS AND EDUCATIONAL MATERIALS FOR DISTRIBUTION TO THE CONTRACTORS' EMPLOYEES, SERVING APPROXIMATELY 1900 UNION SHEET METAL WORKERS EMPLOYED BY 223 CONTRACTORS.
-
THE INDUSTRY FUND PROVIDES ITS MEMBERRS WITH A JOINT SERIES OF EDUCATION INSTITUE SEMINARS WITH THE MECHANICAL CONTRACTORS ASSOCIATION.
As filed on the 2024 return.
Listed in Part VII
-
Alex D'OrsiALEX D'ORSI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mike McCombieMIKE MCCOMBIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mike SuggsMIKE SUGGS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$1,090,000
GENERAL SUPPORT
-
$461,014
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202513389349300906
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