Nonprofit · EIN 23-7165969
SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND
Tax-exempt · TROY, MI 48098
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $25,732,029 | $24,248,014 | $1,484,015 | $30,351,809 | $12,172,933 | $18,178,876 |
| May 31, 2024 | 990 | $25,950,538 | $26,052,376 | -$101,838 | $30,161,207 | $14,690,655 | $15,470,552 |
| May 31, 2023 | 990 | $20,730,621 | $23,504,803 | -$2,774,182 | $25,565,027 | $12,616,146 | $12,948,881 |
| May 31, 2022 | 990 (amended) | $21,828,652 | $19,428,845 | $2,399,807 | $27,583,834 | $11,499,653 | $16,084,181 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $23,454,814
- Investment income
- $834,609
- Net gain from sales of assets
- $125,979
- Other revenue
- $1,442,606
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $22,604,606
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $74,597
- Accounting fees
- $21,900
- Program services (functional)
- $22,604,606
- Management and general (functional)
- $1,643,408
Balance sheet and other
- Total assets, start of year
- $30,161,207
- Total assets, end of year
- $30,351,809
- Total liabilities, end of year
- $12,172,933
- Net assets, end of year
- $18,178,876
- Publicly traded securities
- $26,527,975
- Gross receipts
- $35,568,099
- Employees
- 0
- Year formed
- 1964
- State of legal domicile
- MI
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| TIMOTHY MULLIGAN | TRUSTEE Trustee or director | 1 | $0 | $193,103 |
| ERIC MCPHERSON | TRUSTEE Trustee or director | 1 | $0 | $163,426 |
| JASON GRUNENWALD | CHAIRMAN Officer | 1 | $0 | $162,559 |
| DAVID HARTSUCK | TRUSTEE Trustee or director | 1 | $0 | $159,435 |
| DAVID ANGELO | TRUSTEE Trustee or director | 1 | $0 | $1,197 |
| DAVID KARL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIKE WIEDBUSCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| IAN SWITALSKI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICK MEAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAWN NORRIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRYAN MCCONNEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC MCPHERSON | TRUSTEE Officer | 0 | $162,124 | $64,452 |
| TIMOTHY MULLIGAN | Chairman Officer | 0 | $156,288 | $52,320 |
| DAVID HARTSUCK | TRUSTEE Officer | 0 | $144,612 | $47,172 |
| BRYAN MCCONNELL | TRUSTEE Officer | 0 | $69,775 | $30,562 |
990 for the year ended May 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIMOTHY MULLIGAN | CHAIRMAN Trustee or director | 1 | $0 | $158,015 | $54,223 |
| ERIC MCPHERSON | TRUSTEE Trustee or director | 1 | $0 | $140,404 | $69,682 |
| DAVID HARTSUCK | TRUSTEE Trustee or director | 1 | $0 | $141,073 | $52,402 |
| BRYAN MCCONNELL | TRUSTEE Trustee or director | 1 | $0 | $141,397 | $51,442 |
| DAVID KARL | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| RICK MEAD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAWN NORRIS-SENOPOLE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| IAN SWITALSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2022: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIMOTHY MULLIGAN | CHAIRMAN Trustee or director | 1 | $0 | $145,859 | $54,352 |
| ERIC MCPHERSON | TRUSTEE Trustee or director | 1 | $0 | $131,920 | $54,063 |
| BRYAN MCCONNELL | TRUSTEE Trustee or director | 1 | $0 | $131,827 | $54,012 |
| DAVID HARTSUCK | TRUSTEE Trustee or director | 1 | $0 | $75,309 | $43,415 |
| DAVID KARL | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| RICK MEAD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAWN NORRIS-SENOPOLE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| IAN SWITALSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 700 TOWER DR STE 300, TROY, MI 48098-2835
- In care of
- % JASON GRUNENWALD
- Signed the 990
- JASON GRUNENWALD, TRUSTEE
- Phone
- (248) 813-9800
- Website
- WWW.SHEET80.ORG
- Return prepared by
- Benda Grace Stulz & Company PC
Mission
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS AND THEIR DEPENDENTS.
Program accomplishments
- TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.Expenses $22,604,606
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7165969
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $30,351,809
- Income (IRS master file)
- $35,568,099
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $25,732,029 | $24,248,014 | $30,351,809 | XML |
| 990 | May 2024 | $25,950,538 | $26,052,376 | $30,161,207 | XML |
| 990 | May 2023 | $20,730,621 | $23,504,803 | $25,565,027 | XML |
| 990 | May 2022 | $21,828,652 | $19,428,845 | $27,583,834 | XML |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 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 23-7165969).
Questions about SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND
- What is the EIN of SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND?
- The employer identification number (EIN) of SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND is 23-7165969.
- Is SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1972.
- Are donations to SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND 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 WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who are the officers and directors of SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND?
- The 990 for the year ended May 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does SHEET METAL WORKERS LOCAL UNION NO 80 INSURANCE TRUST FUND have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $25,732,029, expenses of $24,248,014 and total assets of $30,351,809 at year end.
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