Skip to content
Nonprofiteer
← SHEET METAL WORKERS LOCAL 88 RETIREE HEALTH PLAN

Form 990 for tax year 2023

Filed by SHEET METAL WORKERS LOCAL 88 RETIREE HEALTH PLAN.

Totals

Total revenue
$2,454,968
Total expenses
$4,538,474
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,315,981
Investment income
$136,769
Other revenue
$2,218
Total assets, end of year
$5,929,827
Total liabilities, end of year
$35,891,599
Net assets or fund balances, end of year
-$29,961,772
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 $2,315,981 · related or exempt $2,315,981

  • 3 · Investment income

    total $131,917 · excluded $131,917

  • 7a · Gross sales of assets other than inventory

    securities $1,702,692

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

    securities $1,697,840

  • 7c · Gain or loss

    securities $4,852

  • 7d · Net gain or loss

    total $4,852 · excluded $4,852

  • 11a · Other revenue: DECREASE IN BENEFIT CLAIMS PAYABL

    total $2,218 · related or exempt $2,218

  • 11e · Other revenue, total

    $2,218

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $1,023,362

  • 11a · Fees: management

    total $75,681

  • 11b · Fees: legal

    total $36,568

  • 11c · Fees: accounting

    total $47,270

  • 11f · Fees: investment management

    total $8,200

  • 11g · Fees: other

    total $4,250

  • 13 · Office expenses

    total $3,261

  • 19 · Conferences, conventions and meetings

    total $6,854

  • 23 · Insurance

    total $4,028

  • 24a · Other expenses: INCREASE IN ACCUMULATED

    total $3,328,000

  • 24b · Other expenses: BANK CHARGES

    total $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,892,535 · end of year $789,583

  • 2 · Savings and temporary cash investments

    beginning of year $35,853 · end of year $701,507

  • 4 · Accounts receivable

    beginning of year $169,892 · end of year $195,792

  • 6 · Loans and receivables from disqualified persons

    end of year $773

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,878 · end of year $10,642

  • 11 · Investments: publicly traded securities

    beginning of year $2,363,282 · end of year $4,231,530

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,666 · end of year $37,215

  • 25 · Other liabilities

    beginning of year $32,570,484 · end of year $35,854,384

  • 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 -$28,119,710 · end of year -$29,961,772

Mission and programs · 2023

Mission

TO RECEIVE EMPLOYER CONTRIBUTIONS IN ACCORDANCE WITH COLLECTIVE BARGAINING AGREEMENTS IN ORDER TO PROVIDE REIMBURSEMENT OF HEALTH CARE COSTS TO MEMBERS OF THE SHEET METAL WORKERS LOCAL UNION 88.

  • TO RECEIVE EMPLOYER CONTRIBUTIONS IN ACCORDANCE WITH COLLECTIVE BARGAINING AGREEMENTS IN ORDER TO PROVIDE REIMBURSEMENT OF HEALTH CARE COSTS TO MEMBERS OF THE SHEET METAL WORKERS LOCAL UNION 88.

As filed on the 2023 return.

Listed in Part VII

  • Mandi Wilkins

    MANAGEMENT TRUSTEE - CO-CH

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Geremiah Robnett

    LABOR TRUSTEE - CO-CHAIR

    Total calculated
    $227,170
    From this org
    $0
    From related orgs
    $146,536
    Other
    $80,634
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,536 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $58,326 related
    Nontaxable benefits
    $0 + $22,308 related
    Filer's total
    $0 + $227,170 related

  • Scott McClure

    MANAGEMENT TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 41 related

  • Bill Benes

    LABOR TRUSTEE

    Total calculated
    $214,078
    From this org
    $0
    From related orgs
    $135,346
    Other
    $78,732
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,346 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $56,424 related
    Nontaxable benefits
    $0 + $22,308 related
    Filer's total
    $0 + $214,078 related

  • Carlos Gonzalez

    MANAGEMENT TRUSTEE - ALTER

    Total calculated
    $0
    Hours/week
    1 + 41 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

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.

  • ACCO ENGINEERED SYSTEMS

  • AMENTUM SERVICES INC

  • AMERICAN AIR BALANCE

  • ARES MECHANICAL

  • BB MECHANICAL

  • BOMBARD MECHANICAL LLC

  • CANYON ELECTRIC COMPANYINC

  • CENTRAL VALLEY SYSTEMS LLC

  • C-LOS INDUSTRIES LLC

  • COMMERCIAL ROOFERS INC

  • CROWN CORR INC

  • DESERT MECHANICAL INC

  • DURAY NEVADA INC

  • E3 BALANCE NEVADA LLC

  • FALCON ROOFING CO

  • FOUR SQUARE ROOFS & WALLS

  • FUSE STAINLESS LLC

  • HAMMOND SHEET METAL

  • HANSEN MECH CONTRACTORS

  • HARRIS

  • HENRI SPECIALTIES CO INC

  • IDEAL MECHANICAL

  • KAMRAN METALWORKSINC

  • MBO INC

  • MC CLURE STAINLESS LLC

  • MESA MECHANICAL

  • MISSION SUPPORT & TEST SERVICES

  • MMC CONTRACTORS WEST INC

  • P1 CONSTRUCTION LLC

  • PENN AIR CONTROL

  • PIPEWERX MECHANICAL LLC

  • PRECISION AIR BALANCE CO

  • RED ROCK TAB LLC

  • ROYAL METAL WORKS INC

  • RS ANALYSIS INC

  • RYAN MECHANICAL INC

  • S3H INC

  • SHEET METAL WORKERS LOCAL UNION #88

  • SMS MECHANICAL

  • SMW LOCAL 88-JATC

  • SOUTHLAND INDUSTRIES

  • SUPERIOR DUCT FABRICATION

  • TABITT LLC

  • THE ORIGINAL ROOFING CO

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349315050

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.