Skip to content
Nonprofiteer
← SHEET METAL WORKERS 80 APPRENTICESHIP FUND

Form 990 for tax year 2024

Filed by SHEET METAL WORKERS 80 APPRENTICESHIP FUND.

Totals

Total revenue
$2,439,160
Total expenses
$1,146,274
Contributions and grants received
$568,125
Grants paid
$0
Program service revenue
$1,370,394
Investment income
$489,143
Other revenue
$11,498
Total assets, end of year
$5,534,100
Total liabilities, end of year
$63,865
Net assets or fund balances, end of year
$5,470,235
Program services expenses (Part IX)
$1,146,274
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,146,274

Program services were 100.0% 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.

  • 1f · All other contributions, gifts and grants

    $568,125

  • 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

    total $1,358,954 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: REIMBURSED EXPENSES

    total $11,440 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $119,283 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $3,024,989

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

    securities $2,655,129

  • 7c · Gain or loss

    securities $369,860

  • 7d · Net gain or loss

    total $369,860 · related or exempt $369,860 · unrelated business $0 · excluded $0

  • 11a · Other revenue: OTHER INCOME

    total $11,498 · related or exempt $11,498 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $11,498

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $118,400 · program services $118,400 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $324,891 · program services $324,891 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $117,254 · program services $117,254 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $100,167 · program services $100,167 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $35,195 · program services $35,195 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $3,645 · program services $3,645 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $11,600 · program services $11,600 · management and general $0 · fundraising $0

  • 11f · Fees: investment management

    total $33,989 · program services $33,989 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $917 · program services $917 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $18,800 · program services $18,800 · management and general $0 · fundraising $0

  • 17 · Travel

    total $673 · program services $673 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $10,435 · program services $10,435 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $83,546 · program services $83,546 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $19,786 · program services $19,786 · management and general $0 · fundraising $0

  • 24a · Other expenses: PROPERTY TAXES

    total $49,367 · program services $49,367 · management and general $0 · fundraising $0

  • 24b · Other expenses: TRAINING

    total $945 · program services $945 · management and general $0 · fundraising $0

  • 24c · Other expenses: SCHOOL MATERIALS AND BOOKS

    total $43,771 · program services $43,771 · management and general $0 · fundraising $0

  • 24d · Other expenses: PART TIME INSTRUCTORS

    total $65,086 · program services $65,086 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $107,807 · program services $107,807 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,545 · end of year $198,850

  • 2 · Savings and temporary cash investments

    beginning of year $225,292 · end of year $291,757

  • 4 · Accounts receivable

    beginning of year $119,627 · end of year $99,093

  • 9 · Prepaid expenses and deferred charges

    beginning of year $33,777 · end of year $34,271

  • 10a · Land, buildings and equipment: cost or other basis

    $4,459,006

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,355,376

  • 10c · Land, buildings and equipment, net

    beginning of year $384,006 · end of year $2,103,630

  • 11 · Investments: publicly traded securities

    beginning of year $3,567,329 · end of year $2,802,561

  • 15 · Other assets

    beginning of year $3,021 · end of year $3,938

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,698 · end of year $63,865

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,372,899 · end of year $5,470,235

Mission and programs · 2024

Mission

JOINT APPRENTICE SCHOOL

  • Industry center for the training of approximately 216 apprentices for the sheet metal industry

    Expenses $1,146,274 · Revenue $2,439,160

As filed on the 2024 return.

Listed in Part VII

  • Timothy Mulligan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gary Lulek

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Matthew O'Rouke

    ADMINISTRATOR

    Total calculated
    $108,049
    From this org
    $108,049
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Alex Brzuszek

    RECORDING SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PHIL McSHANE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Glen Parvin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Todd Hill

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nick Colone

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Timothy Gay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Samuel A Velez

    INTRUCTOR / ADMINISTRATOR

    Total calculated
    $124,215
    From this org
    $124,215
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Joshua Taulbee

    INSTRUCTOR

    Total calculated
    $111,121
    From this org
    $111,121
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

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.

  • SMW LOCAL 80 APPRENTICESHIP FUND

    501C3 · TRAINING · MI

    Directly controlled by NA

  • SMW LOCAL 80 ANNUITY FUND

    501A · RETIREMENT · MI

    Directly controlled by NA

  • SMW LOCAL 80 PENSION FUND

    501A · RETIREMENT · MI

    Directly controlled by NA

  • SMW LOCAL 80 SUB FUND

    501C9 · UNEMPLOYMENT · MI

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
15 October 2025
IRS schema version
2024v5.2
Source object
202542889349302894

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.