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Nonprofit · EIN 03-0482434

SHEET METAL 10 SAFE PLAN TR

Tax-exempt · MAPLEWOOD, MN 55109

Financials

$2.8M$3.1M2022$4.2M$3M2023$6.2M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of SHEET METAL 10 SAFE PLAN TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,229,131$3,083,152$3,145,979$22,870,942$19,064$22,851,878
June 30, 2024990$4,171,992$3,029,179$1,142,813$21,415,512$24,878$21,390,634
June 30, 2023990$2,818,668$3,116,457-$297,789$19,977,489$3,032$19,974,457
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,410,423
Investment income
$3,818,708
Net gain from sales of assets
$2,951,199
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$2,659,562
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,519
Accounting fees
$21,840

Balance sheet and other

Total assets, start of year
$21,415,512
Total assets, end of year
$22,870,942
Total liabilities, end of year
$19,064
Net assets, end of year
$22,851,878
Publicly traded securities
$22,265,503
Gross receipts
$15,797,550
Employees
0
Volunteers
9
Year formed
2002
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN QUARNSTROMTRUSTEE- SECRETARY
Trustee or director, Officer
1$0$285,421$41,067
MATT FAIRBANKSTRUSTEE- CHAIRMAN
Trustee or director, Officer
1$0$179,183$129,608
JASON DAMMANTRUSTEE
Trustee or director
1$0$151,392$110,718
DAVE HOLZERTRUSTEE
Trustee or director
1$0$137,294$103,999
ISAAC LAUDENBACHTRUSTEE
Trustee or director
1$0$136,777$101,559
CASEY MEINHARDTTRUSTEE
Trustee or director
1$0$128,198$22,279
PATRICK WELTYTRUSTEE
Trustee or director
1$0$0$0
BRIAN GIESEKETRUSTEE
Trustee or director
1$0$0$0
JOSH STEINMETZTRUSTEE- ALTERNATE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN QUARNSTROMTRUSTEE- SECRETARY
Trustee or director, Officer
1$0$262,307$38,460
MATT FAIRBANKSTRUSTEE- CHAIRMAN
Trustee or director, Officer
1$0$167,988$126,302
JASON DAMMANTRUSTEE
Trustee or director
1$0$141,842$106,489
ISAAC LAUDENBACHTRUSTEE
Trustee or director
0.5$0$128,067$102,455
DAVE HOLZERTRUSTEE
Trustee or director
0$0$128,634$97,482
BLAKE PARSONSTRUSTEE
Trustee or director
1$0$142,481$20,156
PATRICK WELTYTRUSTEE
Trustee or director
0.5$0$0$0
BRIAN GIESEKETRUSTEE
Trustee or director
0.5$0$0$0
JOSH STEINMETZTRUSTEE- ALTERNATE
Trustee or director
0.5$0$0$0
CASEY MEINHARDTTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN QUARNSTROMTRUSTEE- SECRETARY
Trustee or director, Officer
1$0$256,795$37,021
MATT FAIRBANKSTRUSTEE- CHAIRMAN
Trustee or director, Officer
1$0$151,289$114,476
JASON DAMMANTRUSTEE
Trustee or director
1$0$128,491$96,203
ISAAC LAUDENBACHTRUSTEE
Trustee or director
0.5$0$115,789$92,041
DAVE HOLZERTRUSTEE
Trustee or director
0$0$116,734$88,347
BLAKE PARSONSTRUSTEE
Trustee or director
1$0$159,235$29,318
ROBERT VRANICARTRUSTEE- PAST
Trustee or director
0.5$0$0$0
PATRICK WELTYTRUSTEE
Trustee or director
0.5$0$0$0
MIKE MITCHELLTRUSTEE- PAST
Trustee or director
0.5$0$0$0
BRIAN GIESEKETRUSTEE
Trustee or director
0.5$0$0$0
JOSH STEINMETZTRUSTEE- ALTERNATE
Trustee or director
0.5$0$0$0
JIM BIGHAMTRUSTEE- PAST
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
1681 COPE AVE E STE B, MAPLEWOOD, MN 55109-2638
In care of
% BOARD OF TRUSTEES OF THE SHHET
Principal officer (990 for 2024)
MATT FAIRBANKS, 1681 EAST COPE AVENUE NO B, MAPLEWOOD, MN 55109
Signed the 990
MATT FAIRBANKS, CHAIRMAN
Phone
(651) 770-0991
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO PROVIDE ELIGIBLE PARTICIPANTS WITH BENEFITS AS DESCRIBED IN THE PLAN'S DOCUMENT OF PLAN BENEFITS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE ELIGIBLE PARTICIPANTS WITH UNEMPLOYMENT, DISABILITY, SEVERANCE, BENEFICIARY AND SELF-PAY HEALTH BENEFITS AS DESCRIBED IN THE PLAN OF BENEFITS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
03-0482434
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,870,942
Income (IRS master file)
$15,797,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,229,131$3,083,152$22,870,942XML
990June 2024$4,171,992$3,029,179$21,415,512IRS
990June 2023$2,818,668$3,116,457$19,977,489XML
990June 2022$3,355,955$2,733,958$19,473,114IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0482434).

Questions about SHEET METAL 10 SAFE PLAN TR

What is the EIN of SHEET METAL 10 SAFE PLAN TR?
The employer identification number (EIN) of SHEET METAL 10 SAFE PLAN TR is 03-0482434.
Is SHEET METAL 10 SAFE PLAN TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2004.
Are donations to SHEET METAL 10 SAFE PLAN TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHEET METAL 10 SAFE PLAN TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SHEET METAL 10 SAFE PLAN TR due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHEET METAL 10 SAFE PLAN TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SHEET METAL 10 SAFE PLAN TR?
The 990 for the year ended June 30, 2025 names MATT FAIRBANKS.
Who are the officers and directors of SHEET METAL 10 SAFE PLAN TR?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does SHEET METAL 10 SAFE PLAN TR have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,229,131, expenses of $3,083,152 and total assets of $22,870,942 at year end.

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