Sheet Metal Workers Local Union No 28 Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves
Sheet Metal Workers Local Union No 28 Welfare Fund is a 501(c)(9) organization based in Mineola, New York, registered in 1948, with $76,298,296 in FY2024 revenue. CharityIndex grades it B+.
195 Mineola Blvd, Mineola, NY, 11501 EIN 13-5530847 Since 1948
Revenue (FY2024)
$76.3M
▼ 2.1% vs prior year
Expenses (FY2024)
$87.1M
Net assets
$123.2M
Employees
37
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Union No 28 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 →
C+Financial health25% of the rating17 mo reserves · -14% margin
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 Union No 28 Welfare Fund: 17 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Sheet Metal Workers Local Union No 28 Welfare Fund: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
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 Union No 28 Welfare Fund: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide members with health and welfare benefits.
Contact & location
Financial trends
Revenue grew from $68.2M (FY2013) to $76.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.5MNet assets $123.2M
Operating margin
-14.2%
Spent more than it raised in the latest fiscal year.
Total assets
$127.7M
Total liabilities
$4.5M
Net assets
$123.2M
Salaries & benefits
$1.7M
2% of expenses
Board members
10
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $76,298,296▼2.1% | $87,096,744▼5.1% | $123,194,145▼5.6% | $127,701,773▼5.1% | 990 |
| 2023 | $77,937,864▲18.4% | $91,792,079▲13.3% | $130,550,895▼11.9% | $134,509,419▼11.3% | 990 |
| 2022 | $65,848,597▼16.4% | $81,038,628▼7.0% | $148,219,789▼17.7% | $151,570,241▼18.0% | 990 |
| 2021 | $78,772,584▲4.5% | $87,120,784▲5.5% | $180,100,649▲0.4% | $184,952,808▼0.4% | 990 |
| 2020 | $75,359,131▼10.7% | $82,561,823▲1.4% | $179,356,374▲1.8% | $185,717,582▲2.0% | 990 |
| 2019 | $84,376,998▲1.3% | $81,384,310▲6.3% | $176,151,629▲13.0% | $182,137,022▲12.9% | 990 |
| 2018 | $83,319,897▲9.4% | $76,551,904▲10.6% | $155,881,854▲1.0% | $161,325,628▲1.1% | 990 |
| 2017 | $76,161,885▲3.9% | $69,195,332▲5.5% | $154,332,559▲12.4% | $159,492,130▲12.0% | 990 |
| 2016 | $73,331,225▲10.8% | $65,598,441▲1.3% | $137,354,264▲8.4% | $142,412,530▲8.3% | 990 |
| 2015 | $66,183,419▼6.7% | $64,731,252▲19.3% | $126,763,876▼0.2% | $131,501,040▼0.9% | 990 |
| 2014 | $70,936,390▲4.1% | $54,248,032▲0.9% | $126,976,831▲18.1% | $132,716,351▲14.2% | 990 |
| 2013 | $68,156,689 | $53,766,786▲17.8% | $107,500,735▲20.0% | $116,192,805▲23.8% | 990 |
| 2012 | — | $45,646,298▼3.7% | $89,603,416▲31.0% | $93,883,825▲26.1% | 990 |
| 2011 | — | $47,415,453▲1.5% | $68,390,808▲41.9% | $74,478,745▲26.0% | 990 |
| 2010 | — | $46,708,071 | $48,207,875 | $59,119,590 | 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.
Leadership & compensation (FY2024)
Highest-paid: Glen Camisa — $209,250 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Glen Camisa | Executive Director | 40 | $209,250 |
| Jennifer Blake | Office Manager | 40 | $152,893 |
| Carlos Andrade | Employee | 40 | $150,647 |
| Santiago Idlet | Employee | 40 | $130,233 |
| Robert Katuna | Employee | 40 | $113,033 |
| Teri Brauner | Employee | 40 | $110,864 |
| Brian Nigro | Trustee | 1 | — |
| Eric Meslin | Trustee | 1 | — |
| Frank Narciso | Trustee | 1 | — |
| James K Estabrook | Trustee | 1 | — |
| John Hauser | Trustee | 1 | — |
| Ralph Tortora | Trustee | 1 | — |
| Robert Grande Jr | Trustee | 1 | — |
| Salvatore Starace | Trustee | 1 | — |
| Timothy Wilton | Trustee | 1 | — |
| William Rothberg | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Empire Healthchoice Assurance | Claims Administration | $1,548,501 |
| Calibre CPA Group Pllc | Audit and Payroll Audit | $135,904 |
| Carelon Behavioral Health | Health Consulting | $101,284 |
| Milliman Consulting | Consulting | $100,911 |
Frequently asked questions
- Is Sheet Metal Workers Local Union No 28 Welfare Fund a legitimate nonprofit?
- Yes. Sheet Metal Workers Local Union No 28 Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-5530847, based in Mineola, New York.
- What is Sheet Metal Workers Local Union No 28 Welfare Fund's EIN?
- Sheet Metal Workers Local Union No 28 Welfare Fund's Employer Identification Number (EIN) is 13-5530847.
- How much revenue does Sheet Metal Workers Local Union No 28 Welfare Fund report?
- Sheet Metal Workers Local Union No 28 Welfare Fund reported $76,298,296 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sheet Metal Workers Local Union No 28 Welfare Fund have?
- CharityIndex grades Sheet Metal Workers Local Union No 28 Welfare Fund B+, based on financial health (reserves and operating margin).
- How much does Sheet Metal Workers Local Union No 28 Welfare Fund's highest-paid employee make?
- The highest reported compensation on Sheet Metal Workers Local Union No 28 Welfare Fund's latest Form 990 is $209,250, paid to Glen Camisa (Executive Director).
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Data for Sheet Metal Workers Local Union No 28 Welfare Fund (EIN 13-5530847) 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.