Northern Minnesota Sheet Metal Training Trust Fund

Organization Overview

Northern Minnesota Sheet Metal Training Trust Fund is located in Saginaw, MN. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Minnesota Sheet Metal Training Trust Fund is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 06/2022, Northern Minnesota Sheet Metal Training Trust Fund generated $284.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $222.1k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TRAINING FOR SHEET METAL WORKERS UNION

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRAIN AND EDUCATE SHEET METAL APPRENTICE WORKERS TO ENABLE THEM TO ACQUIRE THE SKILLS NECESSARY TO WORK IN THIS VOCATION. IN THE 2021-2022 SCHOOL YEAR, 38 APPRENTICES WERE ENROLLED IN THE FOUR YEAR APPRENTICE PROGRAM INCLUDING 9 APPRENTICES THAT COMPLETED THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Dean Kaldahl
Chairman
$0
Ryan Linn
Trustee
$0
James Edmundson
Trustee
$0
Michael Wunch
Trustee
$0
Christopher Messer
Trustee
$0
Jeremy Carlson - Carlson Duluth Com
Trustee
$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$273,138
Investment income $788
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,536
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 $284,238

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