Roofing & Sheet Metal Emp Assoc Of Grand Rapids
- Assets
- $2.1m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 04/1972
- Data as of
- 12/2022
- EIN
- 38-6075386
Organization Overview
Roofing & Sheet Metal Emp Assoc Of Grand Rapids is located in Lansing, MI. The organization was established in 1972. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roofing & Sheet Metal Emp Assoc Of Grand Rapids is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Roofing & Sheet Metal Emp Assoc Of Grand Rapids generated $7.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $7.2m during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEDICAL BENEFITS, DENTAL BENFITS, SHORT-TERM DISABILITY BENEFITS, DEATH BENEFITS AND OTHER HEALTH CARE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Adams Co-Chairman | Trustee | 1 | $0 |
Tate Brown Trustee | Trustee | 1 | $0 |
Jan Green Co-Chairman | Trustee | 1 | $0 |
Gwen Henning Trustee | Trustee | 1 | $0 |
James Holst Trustee | Trustee | 1 | $0 |
Brent Prindle Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,056,879 |
| Investment income | $41,606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,098,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $6,539,549 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $518,416 |
| Fees for services: Legal | $19,797 |
| Fees for services: Accounting | $18,966 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,182 |
| Fees for services: Other | $52,900 |
| Advertising and promotion | $0 |
| Office expenses | $17,931 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,979 |
| All other expenses | $0 |
| Total functional expenses | $7,221,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,525 |
| Savings and temporary cash investments | $110,810 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $395,664 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $56,335 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,071,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,061,512 |
| Accounts payable and accrued expenses | $184,340 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,630,000 |
| Total liabilities | $2,814,340 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$752,828 |
| Total liabilities and net assets/fund balances | $2,061,512 |