Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 37-0810664

SHEET METAL WORKERS-1 WELFARE TRUST FUND

Tax-exempt · SCHAUMBURG, IL 60173

Financials

$9M$8.4M2023$9.3M$9.7M2024
Revenue Expenses · by fiscal year end
Financials of SHEET METAL WORKERS-1 WELFARE TRUST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990$9,315,865$9,713,430-$397,565$15,093,468$1,032,277$14,061,191
February 29, 2024990$8,968,230$8,379,153$589,077$14,923,813$644,782$14,279,031
Financial details: 990 for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,662,513
Investment income
$603,415
Net gain from sales of assets
$118,472
Other revenue
$49,937

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$9,219,622
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$31,002
Accounting fees
$46,575

Balance sheet and other

Total assets, start of year
$14,923,813
Total assets, end of year
$15,093,468
Total liabilities, end of year
$1,032,277
Net assets, end of year
$14,061,191
Publicly traded securities
$11,495,028
Net assets without donor restrictions
$14,061,191
Gross receipts
$9,447,373
Employees
0
Volunteers
0
Year formed
1961
State of legal domicile
IL

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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRITT EWALTTRUSTEE
Trustee or director
0$0
BOB HARMSTRUSTEE
Trustee or director
0$0
DAVE GAMBERTRUSTEE
Trustee or director
0$0
JOE GENUSATRUSTEE
Trustee or director, Officer
0$0
ELIZABETH BLANKENSHIPTRUSTEE
Trustee or director
0$0
ROBERT MILLERTRUSTEE
Trustee or director
0$0
990 for the year ended February 29, 2024: 6 people
NameTitleHours / weekCompensation
BRITT EWALTTRUSTEE
Trustee or director
0$0
BOB HARMSTRUSTEE
Trustee or director
0$0
DAVE GAMBERTRUSTEE
Trustee or director
0$0
JOE GENUSATRUSTEE
Trustee or director, Officer
0$0
ELIZABETH BLANKENSHIPTRUSTEE
Trustee or director
0$0
ROBERT MILLERTRUSTEE
Trustee or director
0$0

Address and contacts

Address (IRS master file)
20 N MARTINGALE RD STE 290, SCHAUMBURG, IL 60173-2413
In care of
% HEALTHSCOPE BENEFITS
Principal officer (990 for 2024)
DAVID DORFMAN, 20 NORTH MARTINGALE SUITE 290, SCHAUMBURG, IL 60173
Signed the 990
DAVID GAMBER, TRUSTEE
Phone
(847) 519-1880
Return prepared by
ROMOLO & ASSOCIATES LLC

Mission

THE PLAN PROVIDES HEALTH BENEFITS (HOSPITAL, SURGICAL, MAJOR MEDICAL, RX, SHORT-TERM DISABILITY AND VISION CARE) FOR PARTICIPANTS AND THEIR DEPENDENTS

990 for the year ended February 28, 2025

Program accomplishments

  • PROVIDE HEALTH BENEFITS FOR PARTICIPANTS

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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
37-0810664
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1964
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,093,468
Income (IRS master file)
$9,447,373

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2025$9,315,865$9,713,430$15,093,468XML
990February 2024$8,968,230$8,379,153$14,923,813XML
990February 2023$8,006,683$8,056,099$15,191,504IRS
990February 2022–––IRS
990February 2021–––IRS
990February 2019–––IRS
990February 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 37-0810664).

Questions about SHEET METAL WORKERS-1 WELFARE TRUST FUND

What is the EIN of SHEET METAL WORKERS-1 WELFARE TRUST FUND?
The employer identification number (EIN) of SHEET METAL WORKERS-1 WELFARE TRUST FUND is 37-0810664.
Is SHEET METAL WORKERS-1 WELFARE TRUST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1964.
Are donations to SHEET METAL WORKERS-1 WELFARE TRUST FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHEET METAL WORKERS-1 WELFARE 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-1 WELFARE TRUST FUND due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHEET METAL WORKERS-1 WELFARE TRUST FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2025.
Who is the principal officer of SHEET METAL WORKERS-1 WELFARE TRUST FUND?
The 990 for the year ended February 28, 2025 names DAVID DORFMAN.
Who are the officers and directors of SHEET METAL WORKERS-1 WELFARE TRUST FUND?
The 990 for the year ended February 28, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does SHEET METAL WORKERS-1 WELFARE TRUST FUND have?
On its 990 for the year ended February 28, 2025 it reported revenue of $9,315,865, expenses of $9,713,430 and total assets of $15,093,468 at year end.

Other nonprofits in SCHAUMBURG

All nonprofits in SCHAUMBURG · Illinois