Sheet Metal Workers Labor Management Committee And Trust

Sheet Metal Workers Labor Management Committee And Trust consistently maintains financial surpluses and growing assets with no reported officer compensation.

EIN: 132948540 · Brewster, NY · Updated: 2026-03-28

$1.8MRevenue

$3.3MAssets

85/100Mission Score (Excellent)

Is Sheet Metal Workers Labor Management Committee And Trust Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sheet Metal Workers Labor Management Committee And Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sheet Metal Workers Labor Management Committee And Trust

Sheet Metal Workers Labor Management Committee And Trust (EIN: 132948540) is a nonprofit organization based in Brewster, NY. The organization reported total revenue of $1.8M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheet Metal Workers Labor Management Committee And Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Sheet Metal Workers Labor Management Committee And Trust demonstrates consistent financial health with a positive trend in assets and revenue over the past decade. In the most recent filing (202312), the organization reported revenue of $1,491,786 against expenses of $1,153,575, indicating a surplus. This pattern of revenue exceeding expenses is generally positive, contributing to the growth of its assets from $1,753,491 in 2016 to $2,822,195 in 2023.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is likely directed towards its programs and operational costs rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets, coupled with relatively low liabilities (e.g., $63,090 in 2023), indicates sound financial management.

Transparency is generally good, with 13 years of publicly available IRS 990 filings. The consistent reporting of 0% officer compensation is a notable positive for transparency regarding executive pay. To further enhance transparency, the organization could provide more detailed breakdowns of its functional expenses, allowing for a clearer understanding of how funds are allocated across programs, administration, and fundraising efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sheet Metal Workers Labor Management Committee And Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Sheet Metal Workers Labor Management Committee And Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with annual revenues exceeding $1 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Sheet Metal Workers Labor Management Committee And Trust's IRS 990 filings:

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making precise efficiency analysis difficult.
Consistent 0% officer compensation, while positive for cost control, is unusual for an organization with over $1 million in annual revenue and could warrant further inquiry into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Sheet Metal Workers Labor Management Committee And Trust:

Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $1,491,786 revenue vs. $1,153,575 expenses in 2023).
Strong asset growth, increasing from $1,753,491 in 2016 to $2,822,195 in 2023.
Very low liabilities relative to assets, indicating strong financial stability (e.g., $63,090 liabilities vs. $2,822,195 assets in 2023).
Zero reported officer compensation across all filings, suggesting efficient use of funds not directed to executive salaries.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.

Frequently Asked Questions about Sheet Metal Workers Labor Management Committee And Trust

Is Sheet Metal Workers Labor Management Committee And Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Sheet Metal Workers Labor Management Committee And Trust (EIN: 132948540) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

How does Sheet Metal Workers Labor Management Committee And Trust spend its money?

Sheet Metal Workers Labor Management Committee And Trust directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Sheet Metal Workers Labor Management Committee And Trust tax-deductible?

Sheet Metal Workers Labor Management Committee And Trust is registered as a tax-exempt nonprofit (EIN: 132948540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What specific programs does the Sheet Metal Workers Labor Management Committee And Trust operate?

The provided data does not detail the specific programs or activities undertaken by the organization. Further investigation into their mission statement or website would be necessary.

How does the organization manage to operate without any officer compensation?

The consistent 0% officer compensation suggests that leadership roles might be filled by volunteers, or compensation is structured in a way not reported as 'officer compensation' on the 990, such as through a related entity or as general staff salaries.

What is the primary source of the organization's revenue?

The provided data only shows total revenue. To understand the primary source, a more detailed breakdown from the IRS 990, such as contributions, program service revenue, or investment income, would be needed.

Filing History

IRS 990 filing history for Sheet Metal Workers Labor Management Committee And Trust showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sheet Metal Workers Labor Management Committee And Trust's revenue has grown by 68.9%, moving from $883K to $1.5M. Total assets increased by 177.8% over the same period, from $1.0M to $2.8M. Total functional expenses rose by 652.9%, from $153K to $1.2M. In its most recent filing year (2023), Sheet Metal Workers Labor Management Committee And Trust reported a surplus of $338K, with revenue exceeding expenses. The organization holds $63K in liabilities against $2.8M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $2.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.5M	$1.2M	$2.8M	$63K	—	—
2022	$1.4M	$1.3M	$2.4M	$40K	—	View 990
2021	$1.3M	$985K	$2.5M	$63K	—	View 990
2020	$1.2M	$1.1M	$2.3M	$104K	—	View 990
2019	$1.4M	$1.5M	$2.1M	$83K	—	—
2018	$1.4M	$1.3M	$2.1M	$159K	—	View 990
2017	$1.4M	$1.2M	$2.0M	$78K	—	View 990
2016	$1.1M	$1.3M	$1.8M	$163K	—	View 990
2015	$1.3M	$1.1M	$1.9M	$127K	—	View 990
2014	$1.2M	$718K	$2.6M	$1.0M	—	View 990
2013	$1.2M	$575K	$1.4M	$280K	—	View 990
2012	$1.0M	$1.4M	$1.2M	$722K	—	View 990
2011	$883K	$153K	$1.0M	$185K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.5M, expenses of $1.2M, and assets of $2.8M (revenue +8.5% year-over-year).
2022: Revenue of $1.4M, expenses of $1.3M, and assets of $2.4M (revenue +8.4% year-over-year).
2021: Revenue of $1.3M, expenses of $985K, and assets of $2.5M (revenue +7.2% year-over-year).
2020: Revenue of $1.2M, expenses of $1.1M, and assets of $2.3M (revenue -17.9% year-over-year).
2019: Revenue of $1.4M, expenses of $1.5M, and assets of $2.1M (revenue +2.6% year-over-year).
2018: Revenue of $1.4M, expenses of $1.3M, and assets of $2.1M (revenue -2.6% year-over-year).
2017: Revenue of $1.4M, expenses of $1.2M, and assets of $2.0M (revenue +26.7% year-over-year).
2016: Revenue of $1.1M, expenses of $1.3M, and assets of $1.8M (revenue -13.2% year-over-year).
2015: Revenue of $1.3M, expenses of $1.1M, and assets of $1.9M (revenue +10.4% year-over-year).
2014: Revenue of $1.2M, expenses of $718K, and assets of $2.6M (revenue -0.1% year-over-year).
2013: Revenue of $1.2M, expenses of $575K, and assets of $1.4M (revenue +14.6% year-over-year).
2012: Revenue of $1.0M, expenses of $1.4M, and assets of $1.2M (revenue +17.5% year-over-year).
2011: Revenue of $883K, expenses of $153K, and assets of $1.0M.

Data Sources and Methodology

This transparency report for Sheet Metal Workers Labor Management Committee And Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.