ZUnclassifiedEIN: 370810664· Ruling Year: 1964

Sheet Metal Workers 1 Welfare Trust Fund

Schaumburg, Illinois

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.70×
Peer Median15.40×
💰
$8.0M
Total Revenue
📊
$8.1M
Total Expenses
🏦
$13.7M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.4%
Year-over-year change (2022 → 2023)
Net Margin
-0.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.70
Net assets divided by total expenses
Liabilities-to-Assets
10.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$8,006,6834%$8,056,09946570%$15,191,50413%
2022$7,669,6241%$17,262100%$17,516,2966%
2021$7,597,7108%$7,589,44013%$16,574,4649%
2020$7,061,2553%$6,701,3652%$15,147,0529%
2019$6,882,91911%$6,823,27125%$13,939,3015%
2018$6,180,9042%$5,460,54624%$13,290,994
2017$6,336,4713%$7,214,15554%$13,262,8881%
2016$6,145,8564%$4,696,55623%$13,444,7462%
2015$5,906,55813%$6,084,04132%$13,223,5236%
2014$5,221,73617%$4,614,10424%$12,494,9198%
2013$6,270,6408%$6,064,7657%$13,552,5232%
2012$6,802,163$6,486,905$13,329,413

Frequently Asked Questions

What does Sheet Metal Workers 1 Welfare Trust Fund do?

Sheet Metal Workers 1 Welfare Trust Fund is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers 1 Welfare Trust Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers 1 Welfare Trust Fund has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Sheet Metal Workers 1 Welfare Trust Fund generate?

Sheet Metal Workers 1 Welfare Trust Fund reports $9.3M in annual revenue and holds $15.1M in total assets, based on IRS filings.

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