Sheet Metal Workers Local 3
Nonprofit profile at a glance
- EIN
- 470199096
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Omaha, NE, USA
- Phone
- 4023303383
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $3,501,388
- Expenses
- $2,806,385
- Assets
- $10,194,092
- Liabilities
- $29,819
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- RON MCCORMICK (VICE PRESIDENT)
- JOEL BRIGGS (PRESIDENT)
- BRIAN ALLISON (TRUSTEE/PRESIDENT)
Highest reported compensation
- JASON GRIESEMER (BUSINESS MANAGER): $198,733 total reported compensation
- JOEL BRIGGS (PRESIDENT): $5,016 total reported compensation
- RON MCCORMICK (VICE PRESIDENT): $3,859 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Local chapter of international labor union.
What it reported doing in 2024
To promote the sheet metal trades by making targeted job payments to union member contractors to equalize competition with non-union contractors.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 74
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 21st percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.8%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 3.63; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
- Officer compensation ratio: 7.7%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 18.9% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 10 board members independent · 5 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $199K · 10 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 4 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.