Sheet Metal Workers Local No 33 Health & Welfare Fund is a 501(c)(9) organization based in Canfield, Ohio, registered in 2007, with $4,741,247 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$4.7M
▲ 5.8% vs prior year
Membership median: $185K
Expenses (FY2024)
$4.3M
Net assets
$14.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sheet Metal Workers Local No 33 Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sheet Metal Workers Local No 33 Health & Welfare Fund: 40 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sheet Metal Workers Local No 33 Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sheet Metal Workers Local No 33 Health & Welfare Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.4M (FY2013) to $4.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
9.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.2M
Total liabilities
$29K
Net assets
$14.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,741,247▲5.8% | $4,297,530▲54.4% | $14,164,210▲9.3% | $14,193,588▲5.9% | 990 |
| 2023 | $4,480,479▲4.9% | $2,783,453▼24.0% | $12,963,580▲19.7% | $13,402,464▲16.6% | 990 |
| 2022 | $4,270,602▼5.4% | $3,664,670▲16.3% | $10,832,348▼6.6% | $11,493,480▼6.6% | 990 |
| 2021 | $4,512,548▲27.4% | $3,150,089▲20.6% | $11,603,931▲17.5% | $12,311,041▲17.1% | 990 |
| 2020 | $3,540,666▼8.0% | $2,611,047▼27.4% | $9,876,162▲17.0% | $10,509,702▲16.6% | 990 |
| 2019 | $3,850,366▲7.1% | $3,598,616▼12.8% | $8,437,749▲13.4% | $9,014,058▲10.2% | 990 |
| 2018 | $3,594,432▼0.9% | $4,125,638▲17.1% | $7,442,835▼11.3% | $8,180,455▼9.4% | 990 |
| 2017 | $3,627,229▲14.9% | $3,524,252▲15.1% | $8,388,668▲5.7% | $9,027,769▲5.1% | 990 |
| 2016 | $3,156,933▲5.7% | $3,062,195▲9.4% | $7,937,263▲1.5% | $8,586,744▲0.9% | 990 |
| 2015 | $2,985,429▼15.4% | $2,799,054▼12.3% | $7,821,613▼1.4% | $8,513,252▼2.0% | 990 |
| 2014 | $3,527,392▲2.6% | $3,190,525▲12.1% | $7,928,674▼0.6% | $8,688,205▲0.9% | 990 |
| 2013 | $3,436,394 | $2,846,462 | $7,978,535 | $8,614,696 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Sheet Metal Workers Local No 33 Health & Welfare Fund (EIN 34-6751847) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.