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SHEET METAL INDUSTRY PROMOTION FUND OF NEW YORK CITY

BROOKLYN, NY · EIN 136213168 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$1.1M
expenses
$1.5M
net assets
$1.6M
employees
1
mission · from form 990

COLLECTS INDUSTRY EMPLOYERS CONTRIBUTIONS WHICH PROVIDES THE FUNDING FOR THE DISSEMINATION OF INDUSTRY, EDUCATIONAL PROGRAMS, PUBLIC RELATIONS AND TRAINING.

profile · synthesized from sources

The Sheet Metal Industry Promotion Fund of New York City supports workforce development and industry advancement through employer-funded programs. It provides financial support to training, educational, and public relations initiatives within the sheet metal and air conditioning contracting sector. The organization operates in New York City and focuses on enhancing industry standards and workforce skills.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    SHEET METAL & AIR CONDITIONING CONTRACTORS ASSOCIATION OF NYC PROGRAM REIMBURSEMENT.
  2. #2 $0
    LABOR MANAGMENT COMMITTEE GRANT.
named programs · 2 · from sources

What they call their work

Labor Management Committee Grant
Provides funding to support joint labor-management initiatives in the sheet metal industry, including training and workforce development.
SMACNA NYC Program Reimbursement
Reimburses costs associated with training and educational programs administered by the Sheet Metal and Air Conditioning Contractors Association of NYC.
activities · 2 groups

What they do

  • Centralized Community Federation Support 2 activities
    • Funding of programs operated by the Sheet Metal & Air Conditioning Contractors Association of NYC
      Reimburses the costs of programs run by the Sheet Metal & Air Conditioning Contractors Association of NYC, supporting joint labor-management initiatives in the sheet metal industry.
    • Funding of the Labor Management Committee
      Provides financial grants to the Labor Management Committee, which oversees joint initiatives between labor and management in the sheet metal industry in New York City.
  • Union and Association Benefit Funds 1 activity
    • Funding of Industry Funded Unemployment System (IFUS) participation
      Pays membership dues to the Sheet Metal and Air Conditioning National Association to support the organization's participation in the Industry Funded Unemployment System (IFUS), a labor-market stability mechanism for sheet metal workers.
financials · form 990 · fy2024
revenue
Total revenue$1.14M
Contributions & grants$00%
Program service revenue$1.08M94%
Investment income$55K5%
Other revenue$11K
expenses
Total expenses$1.46M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$204K
Grants paid out$742K
Largest expense lineFacilities
balance sheet
Total assets$2.40M
Cash$1.57M
Investments$0
Liabilities$753K
Net assets$1.65M
Liquid reserves12.9 mo
4 years on record · 2020–2024 · YoY revenue -2.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ELIZABETH CASTILLO MANAGER 40 $191K
board members · 5
  • KRISTY FLORIO — TRUSTEE
  • LISA WEICKERT — TRUSTEE
  • MICHAEL MCCUSKER — TRUSTEE
  • PAUL BERTI — TRUSTEE
  • THOMAS NARCISO — TRUSTEE
relationships · 3

Who they work with

  • Labor Management Committee Partner — Provides grant funding to this committee.
  • Sheet Metal & Air Conditioning Contractors Association of NYC Partner — Reimburses programs operated by this association.
  • Sheet Metal and Air Conditioning National Association Network — Pays dues to this national association for participation in the Industry Funded Unemployment System (IFUS).
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Employer-Funded Industry Support
    methodology: employer-funded_industry_support
    By collecting mandatory contributions from employers in the sheet metal industry, the organization funds education, training, and public relations initiatives that strengthen workforce capacity and industry reputation, because sustained employer investment ensures alignment with industry needs and long-term sector growth.