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← SHEET METAL WORKERS WELFARE FUND OF SOUTHEASTERN PENNSYLVANIA

Form 990 for tax year 2024

Filed by SHEET METAL WORKERS WELFARE FUND OF SOUTHEASTERN PENNSYLVANIA.

Totals

Total revenue
$63,487,858
Total expenses
$63,140,132
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$61,219,514
Investment income
$2,220,830
Other revenue
$47,514
Total assets, end of year
$36,663,276
Total liabilities, end of year
$921,914
Net assets or fund balances, end of year
$35,741,362
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 $54,146,056 · related or exempt $54,146,056

  • 2b · Program service revenue: PARTICIPANT AND COBRA CONTRIBUTIO

    total $7,073,458 · related or exempt $7,073,458

  • 3 · Investment income

    total $925,149 · excluded $925,149

  • 7a · Gross sales of assets other than inventory

    securities $17,632,584

  • 7b · Less cost or other basis and sales expenses

    securities $16,336,903

  • 7c · Gain or loss

    securities $1,295,681

  • 7d · Net gain or loss

    total $1,295,681 · excluded $1,295,681

  • 11a · Other revenue: MISCELLANOUS INCOME

    total $47,514 · related or exempt $47,514

  • 11e · Other revenue, total

    $47,514

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $61,385,311

  • 7 · Other salaries and wages

    total $508,908

  • 8 · Pension plan contributions

    total $213,896

  • 9 · Other employee benefits

    total $218,861

  • 10 · Payroll taxes

    total $38,954

  • 11b · Fees: legal

    total $78,751

  • 11c · Fees: accounting

    total $41,658

  • 11f · Fees: investment management

    total $151,467

  • 11g · Fees: other

    total $114,000

  • 13 · Office expenses

    total $82,061

  • 14 · Information technology

    total $127,180

  • 16 · Occupancy

    total $123,651

  • 17 · Travel

    total $5,610

  • 19 · Conferences, conventions and meetings

    total $2,190

  • 23 · Insurance

    total $9,405

  • 24a · Other expenses: REGULATORY FEES AND TAX

    total $19,620

  • 24b · Other expenses: DEPRECIATION EXPENSE AL

    total $18,088

  • 24c · Other expenses: EDUCATION

    total $521

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,248,353 · end of year $1,868,069

  • 2 · Savings and temporary cash investments

    beginning of year $703,750 · end of year $496,445

  • 4 · Accounts receivable

    beginning of year $6,044,487 · end of year $9,068,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,567

  • 11 · Investments: publicly traded securities

    beginning of year $19,062,935 · end of year $17,305,278

  • 12 · Investments: other securities

    beginning of year $6,256,403 · end of year $6,838,085

  • 15 · Other assets

    beginning of year $1,083,000 · end of year $1,086,899

  • 17 · Accounts payable and accrued expenses

    beginning of year $373,525 · end of year $509,328

  • 25 · Other liabilities

    beginning of year $237,792 · end of year $412,586

  • 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 $34,812,178 · end of year $35,741,362

Mission and programs · 2024

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ITS MEMBERS.

Activities or mission (Part I)

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ITS MEMBERS

  • TO PROVIDE HEALTH AND WELFARE BENEFITS TO ITS MEMBERS.

As filed on the 2024 return.

Listed in Part VII

  • Roeland F Hoeke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Ernest J Menold

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Bryan Bush

    CO-CHAIR

    Total calculated
    $490,605
    From this org
    $0
    From related orgs
    $278,753
    Other
    $211,852
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,753 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $136,589 related
    Nontaxable benefits
    $0 + $75,263 related
    Filer's total
    $0 + $490,605 related
  • Gerard E Gontz

    TRUSTEE

    Total calculated
    $371,033
    From this org
    $0
    From related orgs
    $210,814
    Other
    $160,219
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $210,814 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $103,299 related
    Nontaxable benefits
    $0 + $56,920 related
    Filer's total
    $0 + $371,033 related
  • Gina Onorato

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • William Dorward

    TRUSTEE

    Total calculated
    $306,349
    From this org
    $0
    From related orgs
    $174,062
    Other
    $132,287
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $174,062 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $85,290 related
    Nontaxable benefits
    $0 + $46,997 related
    Filer's total
    $0 + $306,349 related
  • Tom Bush

    TRUSTEE

    Total calculated
    $369,553
    From this org
    $0
    From related orgs
    $209,973
    Other
    $159,580
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,973 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $102,887 related
    Nontaxable benefits
    $0 + $56,693 related
    Filer's total
    $0 + $369,553 related
  • Ken Wurst

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Thomas J Klingenberg

    FUND ADMINISTRATOR

    Total calculated
    $382,891
    From this org
    $0
    From related orgs
    $225,056
    Other
    $157,835
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $225,056 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $107,593 related
    Nontaxable benefits
    $0 + $50,242 related
    Filer's total
    $0 + $382,891 related
  • Dennis Siravo

    ASST ADMINISTRATOR

    Total calculated
    $291,291
    From this org
    $0
    From related orgs
    $167,190
    Other
    $124,101
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $167,190 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $83,907 related
    Nontaxable benefits
    $0 + $40,194 related
    Filer's total
    $0 + $291,291 related
  • Christopher Downey

    CONTROLLER

    Total calculated
    $206,004
    From this org
    $0
    From related orgs
    $134,344
    Other
    $71,660
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,344 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $31,963 related
    Nontaxable benefits
    $0 + $39,697 related
    Filer's total
    $0 + $206,004 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

None.

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
COMPENSATION OF ADMININSTATOR PAID BY SHEET METAL WORKERS LOCAL UNION NO. 19 PENSION FUND, A RELATED PARTY AND ALLOCATED TO RELATED BENEFIT FUNDS.

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.

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 corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • A A A SHEET METAL INC

  • A C GENTRY

  • A D S INC

  • A S L REFRIGERATION INC

  • A T CHADWICK INC

  • ABCO SIGN CO

  • ACCU-FLOW BALANCING CO LLC

  • ADVANCED AIR SERVICE GROUP

  • AELLA INDUSTRIES

  • AERDUX INCORPORATED

  • AIR CONCEPTS INC

  • AIR TIGHT HEATING & COOLING

  • AJM MECHANICAL LLC

  • ALLIED POWER SERVICES LLC

  • AMERICAN MECHANICAL & CONTRACT

  • ASC SHEET METAL LLC

  • AXIS KITCHEN INSTALLATIONS LL

  • BIG B CONTRACTING INC

  • BLANSKI ENERGY MANAGEMENT

  • BONLAND INDUSTRIES

  • BURKE & COMPANY LLC

  • BURKHARDT MECHANICAL

  • C & M REFRIGERATION SALES & SE

  • C R MEYER AND SONS COMPANY

  • CADDX3 LLC

  • CAHILL SKETCHING & INSPECTING

  • CAMDEN MECHANICAL

  • CHRISTIANA MECHANICAL INC

  • CITY SIGN SERVICE

  • CLEAR CHANNEL OUTDOOR

  • COMMERCIAL AIR CONSTRUCTION

  • COMPASS SIGN CO

  • COMPREHENSIVE TESTBALANC

  • CONTROLLED TEMPERATURE SYSTEMS

  • CROSS COUNTRY FOOD SER INS

  • CUSTOM FINISHERS INC

  • D J SMITH INDUSTRIAL INC

  • DA NOLT INC

  • DA SIGNS & SERVICES

  • DAY & ZIMMERMAN

  • DIRECT AIR MECHANICAL

  • DOLAN MECHANICAL INC

  • DOUBLE D SHEET METAL INC

  • DOWNTOWN MECHANICAL LLC

  • DREAM MECHANICAL

  • DUCT DR MIRACLE ENVIRONMENTAL

  • DUCTZ

  • DWD MECHANICAL CONTRACTOR INC

  • DYNAMIC BALANCING CO INC

  • EASTERN AIR BALANCE CORP

  • EASTERN SIGN TECH LLC

  • ECSI II INC

  • EGAN HVAC INSTALLATIONS

  • ENERGY SOLUTIONS-JINGOLI DECOM

  • ENERPLEX MECHANICAL

  • EPAY INC

  • ERNEST D MENOLD INC

  • FETCHEN SHEET METAL

  • FISHER BALANCING COMPANY

  • FLOOD & STERLING INC

  • FOOD EQUIPMENT INSTALL INC

  • G R SPONAUGLE & SONS

  • GBI INCTHERMAL PIPING

  • GENESIO COMPANY

  • GIFFIN INC

  • H T LYONS

  • HAYS SHEET METAL COMPANY

  • HRANEC SHEET METAL INC

  • HUNTER MECHANICAL INC

  • HYGRADE INSULATORS INC

  • I D GRIFFITH INC (DE)

  • INDEPENDENT BALANCING

  • INTERNATIONAL TRAINING INSTITU

  • J & M CUSTOM SHEET METAL LLC

  • J & S FABRICATIONSLLC

  • JANSONS ASSOCIATES

  • JOHN HALL INC

  • JOSEPH OAT CORP

  • KAM SHEET METAL LLC

  • KOTTCAMP SHEET METAL

  • KOTTCAMP SHEET METAL INC

  • LEFFLER ENERGY CORP

  • LEHIGH COUNTY AUTHORITY

  • LEHIGH S M ERECTING CO

  • LEIBOLD INC

  • LIMBACH COMPANY LLC

  • LITTLE BITTS SERVICE INC

  • LOR-MAR MECHANICAL LLC

  • LUTHE SHEET METAL INC

  • M D ROOFING

  • MARCLINE SHEET METAL

  • MARLYN SHEET METAL INC

  • MASSARA METALS INC

  • MAXIMUM MECHANICAL

  • MCCLURE COMPANY

  • MCKAMISH INC

  • MEK-TEK HVACLLC

  • METAL ALLIANCE INC

  • MID-ATLANTIC MECHANICAL

  • MIRIN CONSTRUCTION MGMT CONSUL

  • MODERN CONTROLS

  • MRC SIGNS

  • NATIONAL BALANCING CO

  • NATIONAL ENVIRONMENTAL CONTRAC

  • NORTHEAST MECHANICAL

  • NOVA SIGN GROUP

  • OPTIMUM PERFORMANCE BALANCING

  • ORELAND SHEET METAL INC

  • PA STATE BLDG & CONS TRADES

  • PIROS SIGNS

  • POWER MECHANICAL CORP

  • PRAVCO INC

  • PRECISION AIR DESIGNS LLC

  • PRECISION SIGN & CONSTRUCTION

  • PREMIER ARCHITECTURAL S M LLC

  • PRIME SHEET METAL INC

  • PRIME SIGNS LLC

  • PROGRESSIVE S M CO K&Z

  • RADICK CORPORATION

  • REAM ROOFING ASSOCIATES

  • RESTAURANT VENT DESIGN

  • RLM MECHANICAL LLC

  • ROBERT G GANTER JR CONT

  • RODNEY B SMITH PLUMBINGHEATIN

  • SANKS MECHANICAL

  • SKETCHING SOLUTIONS LLC

  • SOUTH JERSEY METAL INC

  • SOUTH JERSEY SIGN & CONSTR LLC

  • SOUTH PHILLY CUSTOM METAL

  • SOUTHERN COMFORT MECHANICAL IN

  • SOUTHLAND IND MECHANICAL

  • SPECIALTY FABRICATORS INC

  • SSM INDUSTRIES INC

  • STS SHEET METAL

  • SUNSHINE JEWELRY- MEDIA

  • TAB SYSTEMS INC

  • TABWORKS INC

  • TCS HEATING & AC

  • THOMAS CO INC

  • TRIAD BLDG SPEC

  • V & G CLIMATE SERVICES INC

  • W F SMITH

  • WARKO ROOFING COMPANY INC

  • WEATHERVANE SERVICE INC

  • WM J DONOVAN CO

  • WOLKOW BRAKER ROOFING CORP

  • YANNUZZI INC

  • ZELLA INDUSTRIES LLC

Provenance

Return type
form_990
Tax year
2024
Filed
11 February 2026
IRS schema version
2024v5.5
Source object
202600429349300315

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